*socaltech.com <http://socaltech.com> TechNews - Monday, April 8, 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. ------------------------------ *Headlines * - Guardion Health Sciences Raises $5.0M In Small IPO <#m_-2339794122039300410_0077804> - HyperX Rolls Out New Gaming Headsets <#m_-2339794122039300410_0077802> - Xperi's HD Radio In Deal With FEMA <#m_-2339794122039300410_0077803> - SRAX Runs Into Financial Reporting Issues <#m_-2339794122039300410_0077801> - Inscripta, With Offices In San Diego, Finds $20M For Series C Funding <#m_-2339794122039300410_0077800> - Alteryx Acquires ClearStory Data <#m_-2339794122039300410_0077794> - GumGum Spins Out Dental Startup <#m_-2339794122039300410_0077791> *Marketplace* - Square 1 Bank <#m_-2339794122039300410_ad695> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_-2339794122039300410_ad741> - BDO - Southern California Technology Industry Team <#m_-2339794122039300410_ad737> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-2339794122039300410_ad611> - Stradling <#m_-2339794122039300410_ad608> *Monday, April 8, 2019* *Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey <https://www.recurringrevenueconference.com/>* Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS & Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more. Attend the pre-conference workshop on April 30, 1-5pm followed by Happy Hour. Real tactics and actionable takeaways. Interested in Sponsorship or exhibiting? Contact: Nancy Hammerman n...@suttoncapitalpartners.com Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info: bit.ly/2TXSCqc https://www.recurringrevenueconference.com/ *Guardion Health Sciences Raises $5.0M In Small IPO* <http://www.socaltech.com/fullstory/0077804.html> San Diego-based Guardion Health Sciencs, which is developing "condition-specific medical foods and testing technologies" for the ocular health market, has raised $5.0M in a small IPO. The company priced its IPO on Friday, selling 1,250,000 shares of its common stock at a price of $4.00 per share. The company has now started trading on the Nasdaq Capital Market as GHSI. The IPO was managed by WallachBeth Capital and WestPark Capital. ( More... <http://www.socaltech.com/fullstory/0077804.html>) *HyperX Rolls Out New Gaming Headsets* <http://www.socaltech.com/fullstory/0077802.html> Fountain Valley-based videogame accessory maker HyperX, which is part of Kingston Technology, has rolled out a new product today, a new set of headsets that it says are the first on the market to ship for less than $100. The company says its HyperX Cloud Stinger Wireless gaming headset and HyperX Cloud Alpha Purple Edition are both now shipping, with up to 17 hours of battery life on a single charge. Both of the headsets will have an MSRP of $99.99. The company said both headsets use 2. (More... <http://www.socaltech.com/fullstory/0077802.html>) *Xperi's HD Radio In Deal With FEMA* <http://www.socaltech.com/fullstory/0077803.html> Calabasas-based Xperi, which develops software and hardware for the audio, automotive, broadcast, computational imaging, computer vision, mobile computing and other markets, says that one of its units, HD Radio, has inked an agreement with the Federal Emergency Management Agency (FEMA), for a radio notification system. According to Xperi, FEMA will integrate HD Radio's Emergency Alerts feature into its Integrated Public Alert and Warning System (IPAWS) test and demonstration center in Maryland. (More... <http://www.socaltech.com/fullstory/0077803.html>) *SRAX Runs Into Financial Reporting Issues* <http://www.socaltech.com/fullstory/0077801.html> Los Angeles-based Social Reality (SRAX), which developing digital marketing and consumer data management software--and more recently, has tried to launch its own cryptocurrency called BIGtoken--said it is restating its results all the way back to March of 2017. According to the company, both its quarterly results and yearly financial statements should "no longer be relied upon", including press releases involving those financial statements. (More... <http://www.socaltech.com/fullstory/0077801.html>) *Inscripta, With Offices In San Diego, Finds $20M For Series C Funding* <http://www.socaltech.com/fullstory/0077800.html> Gene editing technology developer Inscripta, which has one of its offices in San Diego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. According to Inscripta, the new funding came from its existing investors, including Venrock, Foresite, Mérieux Développement, Paladin Capital Group, MLS Capital, and NanoDimension. The company had originally announced its Series C in 2018, worth $85.5M. (More... <http://www.socaltech.com/fullstory/0077800.html>) *Alteryx Acquires ClearStory Data* <http://www.socaltech.com/fullstory/0077794.html> Irvine-based data science and analytics software developer Alteryx has acquired ClearStory Data, a Menlo Park-based software developer developing products for managing complex and unstructured data. Financial details of the acquisition wer enot announced. Alteryx said the deal will provide it with a "talented team and compelling technology", and also help it with extension into Silicon Valley. (More... <http://www.socaltech.com/fullstory/0077794.html>) *GumGum Spins Out Dental Startup* <http://www.socaltech.com/fullstory/0077791.html> Santa Monica-based GumGum, which develops artificial intelligence and vision recognition software being applied to advertising analytics, said on Thursday that it is spinning out a new company, which will develop AI technologies for the dental industry. As part of the spinout CEO and founder Ophir Tanz will step down as CEO, and will lead the new dental entity. The company said that current President and COO Phil Schraeder will become CEO of GumGum. (More... <http://www.socaltech.com/fullstory/0077791.html>) *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 rchurch...@square1bank.com. *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 p...@collective-genius.com 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 lat...@bdo.com. http://www.bdo.com *SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <http://www.socalip.com>* IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. i...@socalip.com 805-230-1350 www.socalip.com *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a href="http://www.sycr.com";>http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. ------------------------------ *Recent Funding <#m_-2339794122039300410_funding>* 4/03/19 GIBLIB <http://www.socaltech.com/intelligence/?action=showdeal&id=96481> Los Angeles $2.50 M 3/27/19 Trellis Research <http://www.socaltech.com/intelligence/?action=showdeal&id=96436> Los Angeles $2.00 M 3/22/19 Cardea Bio <http://www.socaltech.com/intelligence/?action=showdeal&id=96273> San Diego $7.80 M 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 CLUTTER INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=84706> Culver City $200.00 M 2/20/19 Brainbase <http://www.socaltech.com/intelligence/?action=showdeal&id=95749> Los Angeles $1.00 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 GOAT <http://www.socaltech.com/intelligence/?action=showdeal&id=95481> Los Angeles $100.00 M 2/07/19 Power Digital Marketing <http://www.socaltech.com/intelligence/?action=showdeal&id=95480> San Diego $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 9, Los Angeles -- *CIS Blockchain Conference* CIS Blockchain Technology Innovation. Conference and Expo for Blockchain Entrepreneurs, Investors, and Developers. See http://www.socaltech.com/calendar/eventid/26427 April 10, Los Angeles -- *Digital Summit LA* Digital Summit LA. Why Attend in 2019? Phenomenal Content (and more of it!). We have 45+ sessions from industry leading companies — each promising the forward-leaning strategies and tactics you need to set up big wins in 2019. Awesome Keynotes - including entrepreneur, best-selling author, and tech media personality, Randi Zuckerberg, Amazon's Chief Evangelist, Dave Isbitski, and SparkToro CEO, Rand Fishkin. will be joining our all-star lineup — with more to be announced! A ridiculous, expanded list of industry heavyweights and innovators on this year's speaker roster. We're talking Amazon, Marvel, Nike, Google, Refinery29, Southwest, WIRED, Periscope, Reebok, Microsoft — with more being added every week! Even more networking opportunities with 1300+ seasoned marketing geeks like you throughout the event. Connect with like-minds, partners, and new friends at afternoon bars, parties, between sessions and more!. See http://www.socaltech.com/calendar/eventid/26312 April 10, Los Angeles -- *CIS Blockchain Conference* CIS Blockchain Technology Innovation. Conference and Expo for Blockchain Entrepreneurs, Investors, and Developers. See http://www.socaltech.com/calendar/eventid/26428 April 11, Santa Monica -- *Santa Monica Tech Happy Hour on the Patio!* Santa Monica Tech Happy Hour on the Patio! by Startup Coil. It's finally patio season! Let's get things warmed up with an epic L.A. Tech Happy Hour overlooking the 3rd Street Promenade in beautiful downtown Santa Monica. See http://www.socaltech.com/calendar/eventid/26411 April 13, Pasadena -- *Caltech Entrepreneurs Forum - Venture Funding* Caltech Entrepreneurs Forum - Venture Funding. The Los Angeles Tech & Venture Scene 2019 / Anatomy of a Successful Seed Round. Our program keynote will debut the 2019 Amplify.LA presentation which offers a comprehensive overview of the Los Angeles tech and venture landscape. It includes a look back on 2018, and covers all the players, investors, history and emerging players in LA tech. Speaker include Eric Pakravan of Amplify, Arye Barnehama of Elementary Robotics, Eva Ho of Fika Ventures and Alex Rubalcava of Stage Venture Partners. . See http://www.socaltech.com/calendar/eventid/26408 April 17, Santa Barbara -- *CyberSecurity: 5th Generation Threats- What We Know. Should Know. And, Don't Know.* CyberSecurity: 5th Generation Threats-What We Know. Should Know. And, Don't Know. MIT Enterprise Forum of the Central Coast. Cyber threats capable of massive economic and social disruption are poorly understood and vastly underestimated. Cybersecurity is a continuing arms race. This panel/presentation will review the state of the art in cyber threats, security, and both offensive and defensive cybertactics. Cyber attacks continue to evolve. As they become more advanced and more sophisticated, government and business must stay ahead of cyberspies and criminals to ensure they remain protected – no matter what threats the future will bring. We are facing the 5th generation of attacks, but most businesses only have 2nd or 3rd generation security. See http://www.socaltech.com/calendar/eventid/26426 April 17, Woodland Hills -- *2019 SFVBJ Women's Council* 2019 SFVBJ Women's Council. San Fernando Valley Business Journal.The San Fernando Valley Business Journal is proud to present the 2019 Women's Council Awards at the Hilton Woodland Hills. The San Fernando Valley Business Journal is proud to present our Women's Council Awards at the Hilton Woodland Hills. At the luncheon awards program, we will honor women who have made a difference throughout the Valley area. Join us in honoring the outstanding achievements by women who make a difference throughout the San Fernando, Santa Clarita, Conejo, and Antelope valley community. Award Categories: CEO of the Year, Executive of the Year, Volunteer of the Year, Rising Star, Not-For-Profit, Business Owner of the Year, Business Team of the Year, and Lifetime Achievement Award. See http://www.socaltech.com/calendar/eventid/26413 April 22, Los Angeles -- *CTO Awards* LABJ CTO Awards. This event will honor Chief Technology and Information Officers and others who are in the top information technology positions within their organizations. These important individuals and teams play vital roles in making Los Angeles a hub for innovation, and in making its businesses, institutions, and nonprofits successful. See http://www.socaltech.com/calendar/eventid/26409 ------------------------------ *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 b...@socaltech.com 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 customerserv...@socaltech.com ------------------------------ 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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