*socaltech.com <http://socaltech.com> TechNews - Friday, March 1, 2019* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------
*Sponsored By * TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Make next happen now. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). ------------------------------ *Headlines * - SpaceX Set To Launch Crew Dragon Test Flight On Saturday <#m_-4221695896141317083_0077494> - Report: Faraday Future Now Has 11 Lawsuits Filed Against Firm <#m_-4221695896141317083_0077493> - Verimatrix Acquired By InsideSecure For $147M <#m_-4221695896141317083_0077492> - Zadara Enhances Cloud Storage Product On AWS <#m_-4221695896141317083_0077495> - Taoglas Rolls Out New LTE Antennas For DAS <#m_-4221695896141317083_0077496> - Esri Buys indoo.rs <#m_-4221695896141317083_0077482> *Marketplace* - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_-4221695896141317083_ad741> - BDO - Southern California Technology Industry Team <#m_-4221695896141317083_ad737> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-4221695896141317083_ad596> *Friday, March 1, 2019* *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *SpaceX Set To Launch Crew Dragon Test Flight On Saturday* <http://www.socaltech.com/fullstory/0077494.html> In an important move towards launching astronauts into space, Hawthorne, California-based SpaceX is getting set to launch an important, test flight of its Crew Dragon on Saturday, from Florida. The first Crew Dragon spacecraft was rolled out onto Launch Pad 39A at the Kennedy Space Center on Thursday, where it is now being prepped for an early Saturday morning launch. (More... <http://www.socaltech.com/fullstory/0077494.html>) *Report: Faraday Future Now Has 11 Lawsuits Filed Against Firm* <http://www.socaltech.com/fullstory/0077493.html> A new report says that there are now a total of 11 lawsuits filed against troubled Los Angeles-based electric car maker Faraday Future, as it struggles to restart its operations after massive layoffs after its main investor, Evergrande Health, pulled its support from the firm. The lawsuits--filed against the company by its suppliers and contractors--reportedly seek nearly $80M in back payments, damages, and fees, mostly over unpaid bills. (More... <http://www.socaltech.com/fullstory/0077493.html>) *Verimatrix Acquired By InsideSecure For $147M* <http://www.socaltech.com/fullstory/0077492.html> San Diego-based Verimatrix, a developer of security software for video service providers, set top-box providers, and others, has been acquired by French company Inside Secure, according to Inside Secure. Inside Secure paid $138.1M in cash, plus up to $9.8M in escrow to cover potential post-closing adjustments and earnout. According to Inside Secure, the two companies have a complementary, large global customer base across the entertainment, mobile, and IoT industries. (More... <http://www.socaltech.com/fullstory/0077492.html>) *Zadara Enhances Cloud Storage Product On AWS* <http://www.socaltech.com/fullstory/0077495.html> Irvine-based Zadara, which develops cloud-based, data storage products, said it has enhanced its Virtual Private Storage Arrays product running on Amazon Web Services (AWS). According to the company, its product now allows AWS users to create virtual private storage arrays of any size up to 288 terabytes, selecting their own mix of flash, hard drives, NAS, SAN, CIFS, and other options. (More... <http://www.socaltech.com/fullstory/0077495.html>) *Taoglas Rolls Out New LTE Antennas For DAS* <http://www.socaltech.com/fullstory/0077496.html> San Diego-based antenna developer Taoglas, which develops antennas for the Internet-of-Things and automotive markets, said that it has launched a new line of MIMO LTE antennas, used for indoor distribution antenna systems (iDAS). According to the company, the new antennas are designed for DAS systems improving connectivity for indoor locations such as office buildings, stadiums, conference centers, shopping malls, hotels and other locations. (More... <http://www.socaltech.com/fullstory/0077496.html>) *Esri Buys indoo.rs* <http://www.socaltech.com/fullstory/0077482.html> Redland-based geographical information systems (GIS) giant Esri announced today that it has acquired indoo.rs GmbH, a provider of indoor mapping software. Financial details of the acquisition were not announced. According to Esri, indoo.rs's headquarters in Vienna, Austria will serve as a new research and development center for the company. indoo. (More... <http://www.socaltech.com/fullstory/0077482.html>) *Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <https://collective-genius.com/>* If you wanted to reach the peak of Mount Everest, you wouldn’t just gather a few friends, buy some supplies, and start hiking. Similar to building a growth company, you wouldn’t just hire a few people, build some products, and win a market. Peak is a facilitated annual/quarterly leadership team OKR planning session for emerging growth companies and venture capital firms. It's a one day leadership team session to create company focus and clarity around a three year vision, one year plan, and quarterly priorities. With the vision and plan set, Peak provides leadership tools and systems to keep the team on track. To learn more and schedule a 45 minute walk through meeting contact us at [email protected] or by phone 424.259.3036. Collective Genius - Planning and Recruiting for Emerging Growth Companies and Venture Capital Firms. www.collective-genius.com. *BDO - Southern California Technology Industry Team <http://www.bdo.com>* BDO USA, LLP is a professional services firm providing assurance, tax, and advisory services to publicly traded and privately held companies through more than 60 offices domestically and 160 countries globally. Our Southern California technology industry team professionals have deep experience helping online, software, hardware, and cleantech businesses in the local ecosystem to navigate the many issues affecting their businesses and to help them meet their larger strategic goals. Our team provides a wide range of guidance in the key issues effecting technology companies including, M&A advisory, initial public offerings, tax planning and consulting, intellectual property agreements, financial reporting and regulatory compliance matters. For more information, please contact our LA Technology leaders Anthony Ferguson, Tim Clackett, and Kris Kaufmann at [email protected]. http://www.bdo.com *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] ------------------------------ *Recent Funding <#m_-4221695896141317083_funding>* 2/27/19 Pathnostics <http://www.socaltech.com/intelligence/?action=showdeal&id=95978> Irvine $0.00 M 2/27/19 Axial Biotherapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=95977> Boston $25.00 M 2/25/19 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=95860> Lakewood $3.50 M 2/22/19 The Action Network <http://www.socaltech.com/intelligence/?action=showdeal&id=95811> Playa Vista $17.50 M 2/20/19 Brainbase <http://www.socaltech.com/intelligence/?action=showdeal&id=95749> Los Angeles $1.00 M 2/20/19 CLUTTER INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=84706> Culver City $200.00 M 2/19/19 Sabrewing Aircraft Company <http://www.socaltech.com/intelligence/?action=showdeal&id=95596> Camarillo $2.00 M 2/14/19 Skylar Body <http://www.socaltech.com/intelligence/?action=showdeal&id=95592> Venice $8.00 M 2/07/19 Power Digital Marketing <http://www.socaltech.com/intelligence/?action=showdeal&id=95480> San Diego $0.00 M 2/07/19 GOAT <http://www.socaltech.com/intelligence/?action=showdeal&id=95481> Los Angeles $100.00 M 2/05/19 Signal Sciences <http://www.socaltech.com/intelligence/?action=showdeal&id=95354> Venice $35.00 M 1/31/19 Avinew <http://www.socaltech.com/intelligence/?action=showdeal&id=95304> Westlake Villlage $5.00 M 1/30/19 FabFitFun, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=95301> Beverly Hills $80.00 M 1/30/19 Acorns <http://www.socaltech.com/intelligence/?action=showdeal&id=95302> Irvine $105.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html March 6, Camarillo -- *Startups Ventura County: How to Pitch to Investors* How to Pitch to Investors. Russell Ficher Business Collection, Camarillo Library. For anyone starting or thinking about creating a startup, one of the most important parts of the process is pitching and looking for investors. In this presentation, Benjamin Kuo, Founder and Editor of socaltech.com, Southern California's leading online resource for information on startups, venture capital, and the technology industry all across Southern California, talks about some hints and tips on pitching to investors. What works? What doesn't? What's important to show a venture capitalist? Is a business plan important--or maybe not? Kuo will discuss what kinds of startups he's seen that typically area able to successfully pitch and gain funding, and what makes them stand apart from the many entrepreneurs who fail to get off the ground. See http://www.socaltech.com/calendar/eventid/26364 March 6, Westlake Village -- *ACG101 Food Manufacturers and Distributors* ACG101 Food Manufacturers and Distributors. California's agriculture is the most productive and varied in the U.S., owing to the climate, topography, complex systems of water delivery and diverse population of growers in our state. This year, the ACG 101 annual Food & Ag program takes a look at a different aspect of this fertile industry: Manufacturing and Distribution. See http://www.socaltech.com/calendar/eventid/26354 March 7, Newport Beach -- *Newport Beach Investment* *NEW* . See http://www.socaltech.com/calendar/eventid/26365 March 7, Los Angeles -- *Global LAVA: Investing in Israeli Start-Ups* Global LAVA: Investing in Israeli Start-Ups. Panelists: Liron Brish - CEO of Farm Dog; Liat Sade-Sternberg - CEO of fuse.it; Guy Katsovich, co-founder of Fusion LA. See http://www.socaltech.com/calendar/eventid/26357 March 8, San Diego -- *Office Hours With Stradling. CONNECT* *NEW* . See http://www.socaltech.com/calendar/eventid/26367 March 20, San Diego -- *Energy Storage: Key to ending our dependence on fossil fuels and getting to 100% renewable energy. (2019-03-20)* *NEW* . See http://www.socaltech.com/calendar/eventid/26366 March 21, Irvine -- *TCVN's 2019 Investor Speed Dating* TCVN Speed Dating. Your palms are sweaty. Your legs are shaking. You can’t get the words out of your mouth fast enough. Finally, everything starts to flow. You’re in the zone. Then suddenly, without notice, the buzzer rings and you have to move on. This is not the typical speed-dating scenario. This is how you will feel as an entrepreneur who will soon make investor pitches at the 2019 Speed Dating with Investors event March 21, 2019. Why the anxiety? The presentations will be made one-on-one to many potential investors including members of Tech Coast Angels and you’ve only got few short minutes to pitch, Q&A and listen to seasoned advice and recommendation. That’s not a lot of time. Fortunately, TCVN and the Speed Dating with Investors event is designed to introduce entrepreneurs and startup companies to the world of angel investing. This is not a sales event. Our focus is education, networking and the potential opportunity to connect entrepreneurs with investors. In addition to the TCVN team, investors will be present to speak to participants about their needs. Spots are limited. Acceptance will be on a first come first serve basis, so entrepreneurs, sign up early. See http://www.socaltech.com/calendar/eventid/26332 March 21, El Segundo -- *Investment in Technology and Automation Across Industry in LA County* *NEW* . See http://www.socaltech.com/calendar/eventid/26368 ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Make next happen now. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Email [email protected] for more information about sponsoring this newsletter. ------------------------------ You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/mailman/listinfo/socaltech or email us at [email protected] ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. 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