*socaltech.com <http://socaltech.com> TechNews - Monday, March 4, 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 Successfully Launches, Docks Crew Capable Spacecraft With ISS <#m_4479635899084638964_0077500> - Company Offers Up Free Cup Of Noodles For Instagram Posts In LA <#m_4479635899084638964_0077501> - ServiceTitan Taps Intuit, Sony PlayStation Veteran As CMO <#m_4479635899084638964_0077502> - Tesla To Unveil New Vehicle, The Model Y, In LA On March 14th <#m_4479635899084638964_0077504> - Willdan Buys The Weidt Group <#m_4479635899084638964_0077503> - Beanfields Gets Series B Round For Snack Brand <#m_4479635899084638964_0077499> - Jet Edge International Raises $60M For Aviation Services <#m_4479635899084638964_0077498> *Marketplace* - BDO - Southern California Technology Industry Team <#m_4479635899084638964_ad737> - Stubbs Alderton & Markiles Preccelerator <#m_4479635899084638964_ad694> - Square 1 Bank <#m_4479635899084638964_ad695> *Monday, March 4, 2019* *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. *SpaceX Successfully Launches, Docks Crew Capable Spacecraft With ISS* <http://www.socaltech.com/fullstory/0077500.html> Hawthorne-based SpaceX successfully launched its first mission of a spacecraft designed to carry human beings into space, sending the SpaceX Crew Dragon spacecraft into space early Saturday morning, and successfully docking the spacecraft at the ISS on Sunday. The mission did not carry astronauts into space, but did include "Ripley", an astronaut-sized dummy rigged with sensors to monitor the impact of the launch on a human being. ( More... <http://www.socaltech.com/fullstory/0077500.html>) *Company Offers Up Free Cup Of Noodles For Instagram Posts In LA* <http://www.socaltech.com/fullstory/0077501.html> Interested in getting a free "Cup of Noodles" when you're at the Del Amo Fashion Center? A local, Santa Ana digital marketing firm, FOODBEAST, and instant "Cup of Noodles" manufacturer Nissin Foods said they have launched a promotion which lets social media enthusiasts receive free Cup of Noodles, video games, gift vouchers, and merchandise, all for posting a selfie on Instagram. (More... <http://www.socaltech.com/fullstory/0077501.html>) *ServiceTitan Taps Intuit, Sony PlayStation Veteran As CMO* <http://www.socaltech.com/fullstory/0077502.html> Los Angeles-based ServiceTitan, which develops software used to manage residential home service businesses, announced this morning that it has named Guy Longworth as the company's first Chief Marketing Officer. Longsworth was most recently Global Chief Marketing Officer and Senior Vice President for Intuit's Small Business and SElf-Employed Grou (QuickBooks), and also had been Vice President of Marketing for Sony PlayStation. (More... <http://www.socaltech.com/fullstory/0077502.html>) *Tesla To Unveil New Vehicle, The Model Y, In LA On March 14th* <http://www.socaltech.com/fullstory/0077504.html> Tesla, the electric car manufacturer led by Elon Musk, will unviel its new Model Y crossover vehicle in Los Angeles on March 14th, according to Musk, at Tesla's LA Design Studio. The vehicle will be the fifth vehicle to emerge from Tesla since it was founded. Tesla is hoping to make the Model Y's price "substantially lower" than the current Model 3. (More... <http://www.socaltech.com/fullstory/0077504.html>) *Willdan Buys The Weidt Group* <http://www.socaltech.com/fullstory/0077503.html> Anaheim-based Willdan Group, which provides professional technical and consulting services, said late last week that it plans to acquire The Weidt Group, the energy practice division of EYP. Financial details of the acquisition deal were not announced. The Weidt Group orivdes energy consulting and software development, focused on the energy and operational performance of new and existing buildings for utilities. (More... <http://www.socaltech.com/fullstory/0077503.html>) *Beanfields Gets Series B Round For Snack Brand* <http://www.socaltech.com/fullstory/0077499.html> Los Angeles-based food brand *Beanfields <https://www.beanfields.com>*, a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. PowerPlant Ventures acquired the majority ownership of Beanfields back in 2017. Beanfields' CEO is Arnulfo Ventura.(More... <http://www.socaltech.com/fullstory/0077499.html>) *Jet Edge International Raises $60M For Aviation Services* <http://www.socaltech.com/fullstory/0077498.html> Van Nuys-based Jet Edge International, a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners. The company said it will use the funding to fund strategic initiatives. Jet Edge says it currently manages more than 50 large-cabin and super-midsize aircraft. Jet Edge is led by CEO Bill Papariella. (More... <http://www.socaltech.com/fullstory/0077498.html>) *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 *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/ *Square 1 Bank <http://www.square1bank.com>* Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets. A full service financial services partner to entrepreneurs and their investors, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Atlanta, Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.square1bank.com, or send an email to [email protected]. ------------------------------ *Recent Funding <#m_4479635899084638964_funding>* 3/01/19 Jet Edge International <http://www.socaltech.com/intelligence/?action=showdeal&id=96079> Van Nuys $60.00 M 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 ------------------------------ *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* Newport Beach Investment Networking Expo. Evening of investment networking at Fashion Island's Mariposa Restaurant as we bring together Southern California's top investment professionals to form new connections and discuss opportunities. 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* Office Hours With Stradling. CONNECT. As a service to San Diego startup companies, CONNECT is partnering with select strategic advisor and professional services companies to provide entrepreneurs with an opportunity to meet privately and pro bono for professional advice. Need a professional brain on an issue? Schedule a meeting today! http://www.connect.org/events/office-hours-connect-stradling-march-2019. 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)* Energy Storage: Key to ending our dependence on fossil fuels and getting to 100% renewable energy. Enterprise Forum San Diego. As California pursues its goal of 60% renewable energy by 2030 and 100% zero-carbon electricity by 2045, capturing and storing renewable energy resources will be critical in ending the state’s dependence on fossil fuels and meeting ambitious climate change goals. In the San Diego region, cities are adopting climate action plans calling for 100% renewable energy by as soon as 2035. Rapidly accelerating progress in energy storage is bringing us closer than ever to achieving a cleaner, more resilient grid and pollution-free transportation. Join us as we explore a variety of the most innovative storage developments and deployments. 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* R.E.D Talk: Investment in Technology and Automation Across Industry in LA County. aking a closer look at how industries like transportation, aerospace, trade & logistics, manufacturing, and banking are adapting to new waves of technology and advancement in automation. 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. All contents Copyright (c) 2017 SOCALTECH LLC. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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