*socaltech.com <http://socaltech.com> TechNews - Thursday, April 25, 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 * - Happy Returns Raises $11M, Gets Strategic Backing From PayPal <#m_-8306915141495509562_0077966> - Wavemaker Partners Leads Investment In Cognitive Health Startup <#m_-8306915141495509562_0077967> - Semtech Wins Audio Networking Design <#m_-8306915141495509562_0077968> - Down To Shop Snags Funding For Funny Shopping App <#m_-8306915141495509562_0077965> - Qulab Applies Artificial Intelligence To Drug Design <#m_-8306915141495509562_0077963> - Perspectium Finds $8M For Service Management Integration Tools <#m_-8306915141495509562_0077962> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_-8306915141495509562_ad717> - Square 1 Bank - Brian Weber <#m_-8306915141495509562_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-8306915141495509562_ad611> - Stradling <#m_-8306915141495509562_ad608> *Thursday, April 25, 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 [email protected] Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info: bit.ly/2TXSCqc https://www.recurringrevenueconference.com/ *Happy Returns Raises $11M, Gets Strategic Backing From PayPal* <http://www.socaltech.com/fullstory/0077966.html> Santa Monica-based Happy Returns, the returns logistics company led by David Sobie, announced this morning that it has raised $11M in a financing round, which included a strategic investment from PayPal. Prior investors U.S. Venture Partners and Upfront Ventures also participated in the funding. Happy Returns has now raised $25M in total, and has now grown to a total of 55 employees. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=55428>)( More... <http://www.socaltech.com/fullstory/0077966.html>) *Wavemaker Partners Leads Investment In Cognitive Health Startup* <http://www.socaltech.com/fullstory/0077967.html> Los Angeles-based Wavemaker Partners is one of the lead investors in a round for a cognitive health startup, Savonix, in an extension of its Series A funding. Savonix said it raised $9.6M in a Series A extension round which was led by Fusion Fund and Wavemaker Partners, boosting its total Series A financing to $14.7M. The investment round also included DEFTA Partners, Rethink Impact, and DigiTx Partners. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=96848> )(More... <http://www.socaltech.com/fullstory/0077967.html>) *Semtech Wins Audio Networking Design* <http://www.socaltech.com/fullstory/0077968.html> Camarillo-based semiconductor developer Semtech said this morning that it has a new design win, this time with its BlueRiver technology. According to Semtech, IDK Corporation, a developer of professional A and broadcast equipment, is linking its audio networking with Software Defined Video Over Ethernet (SDVoE) using its BlueRiver products. Shipment volumes and expected financial impact of the win were not announced. (More... <http://www.socaltech.com/fullstory/0077968.html>) *Down To Shop Snags Funding For Funny Shopping App* <http://www.socaltech.com/fullstory/0077965.html> Los Angeles-based Down To Shop, a startup which combines humorous videos, a mobile app, and shopping, has scored funding from Greycroft Ventures, Lerer Hippeau, and Firstmark, the company said this week. Financial details of the funding have not been announced, but the company previously raised around $5.9M in a funding round in 2018, based on regulatory filings from the company. The startup was founded by Cyrus Summerlin and Max Hellerstein. (More... <http://www.socaltech.com/fullstory/0077965.html>) *Qulab Applies Artificial Intelligence To Drug Design* <http://www.socaltech.com/fullstory/0077963.html> Los Angeles-based Qulab, a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. The startup--backed by Cota Capital, Civilization Ventures, Plug and Play, and 415--says that Quleap automated small molecule, synthesis planning, and a cloud engine for simulating biomolecules. (More... <http://www.socaltech.com/fullstory/0077963.html>) *Perspectium Finds $8M For Service Management Integration Tools* <http://www.socaltech.com/fullstory/0077962.html> San Diego-based Perspectium, which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. According to Perspectium, the new funding will help it continue expansion to global markets, and launch new products. (More... <http://www.socaltech.com/fullstory/0077962.html>) *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *Square 1 Bank - Brian Weber <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 Brian Weber at [email protected]. *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. [email protected] 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_-8306915141495509562_funding>* 4/25/19 Happy Returns <http://www.socaltech.com/intelligence/?action=showdeal&id=96847> Santa Monica $11.00 M 4/22/19 Poseida Therapeutics, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96795> La Jolla $142.00 M 4/17/19 Slingshot Aerospace <http://www.socaltech.com/intelligence/?action=showdeal&id=96701> El Segundo $5.00 M 4/17/19 Sistine Solar <http://www.socaltech.com/intelligence/?action=showdeal&id=96702> 28 Dane Street $0.00 M 4/16/19 Enevate <http://www.socaltech.com/intelligence/?action=showdeal&id=96652> Irvine $0.00 M 4/10/19 DroneBase, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96587> Los Angeles $0.00 M 4/10/19 Cullgen <http://www.socaltech.com/intelligence/?action=showdeal&id=96588> San Diego $16.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 25, Culver City -- *Navigating the Green Rush: Canna Advertising, Marketing & Branding* Navigating the Green Rush: Canna Advertising, Marketing & Branding. Hear from stand-out canna brands and marketers as they discuss what to know when launching campaigns to reach customers and partners. Learn how to build brand and audience, and design campaigns, while simultaneously navigating shifting regulations and approaches that require a re-think in terms of traditional digital advertising and marketing tactics. See http://www.socaltech.com/calendar/eventid/26445 April 25, Irvine -- *TCVN Execution Program #4: Scaling* TCVN Event on Growth and Scaling. CEO Bill Van Vleet shares some of his growth hacks with TCVN attendee on April 25th. Bill has done it over and over again and is willing to share his amazing growth strategies.William Van Vleet is a talented and seasoned executive with over 35 years of experience in technology product development for commercial and defense markets. He brings a wealth of expertise with strengths in areas such as business strategy, operational management, program management, business development, sales and marketing, mergers and acquisitions (M&A) and integration.. See http://www.socaltech.com/calendar/eventid/26450 April 27, San Diego -- *Global Azure Bootcamp* Global Azure Bootcamp. The San Diego event will be a full-day event of learning with Azure experts from around the community! If you are currently using Azure or considering migrating to Microsoft’s public cloud and want to learn more – this is the event for you. See http://www.socaltech.com/calendar/eventid/26438 April 27, Los Angeles -- *Paramount and Broken Road Productions brunchwork* Paramount and Broken Road Productions brunchwork, You're invited to an unforgettable brunch with Paramount TV President Nicole Clemens and Broken Road Productions Head Todd Garner (Former Disney Producer). Enjoy a fireside chat with Nicole and Todd, curated connections, and a business challenge and pitch off... over a seasonal, locally-sourced meal. See http://www.socaltech.com/calendar/eventid/26446 April 30, Los Angeles -- *Diversity Innovation Forum* Diversity Innovation Forum. Join us for a discussion on how diversity of ideas, talent, and perspectives fuels innovation. We will explore the key areas where diversity and inclusion are crucial for a vibrant innovation ecosystem. See http://www.socaltech.com/calendar/eventid/26442 April 30, Marina del Rey -- *Recurring Revenue Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26451 May 1, Marina del Rey -- *Recurring Revenue Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26452 May 8, Santa Monica -- *Customer Discovery & Product Market Fit with Eric P. Rose, NPDP, MBA* Customer Discovery & Product Market Fit with Eric P. Rose, NPDP, MBA. Precellerator. This talk will cover the preliminary market research work of Customer Discovery, that is to discover who would most value your proposed new product. It will also cover the tough decisions to then tailor your product in a way that the market values the most and yields the best return on its development investment. See http://www.socaltech.com/calendar/eventid/26444 May 11, Pasadena -- *Caltech Entrepreneurs Forum - Robotics* Caltech Entrepreneurs Forum - Robotics. The past few years have seen significant improvements in ease of adoption of robots with the introduction of collaborative robots, low-cost easy-to-use drones, and level 3 autonomous vehicles. In parallel, low-cost 3D machine vision systems and widely available deep learning AI toolsets have been adopted in the enterprise. The next wave of robotics will be driven by the integration of these 3 technologies to reduce the cost and time-to-market of robotic systems by an order of magnitude or more. This in turn is changing the business model enabling solutions like robots-as-a-service or build-to-order robots. See http://www.socaltech.com/calendar/eventid/26448 May 14, Newport Beach -- *TIF/ Corporate VC Program* TIF/ Corporate VC Program. Something Ventured, Something Gained: Insight On The Evolution of CVC and It’s Impact on Venture. See http://www.socaltech.com/calendar/eventid/26436 May 21, Anaheim -- *AEC Next Technology Expo + Conference* AEC Next Technology Expo + Conference. AEC Next Technology Expo + Conference is North America’s leading vendor-neutral trade show and conference focusing on the implementation and integration of built world technology. Vendors offer hardware, software and services, emerging technology, and building/construction products complementing a comprehensive education program. It is co-located with SPAR 3D Expo and Conference and organized by Diversified Communications, a global event producer that also organizes Commercial UAV Expo Europe/Americas, GeoBusiness Show, International LiDAR Mapping Forum. See http://www.socaltech.com/calendar/eventid/26385 May 21, Anaheim -- *SPAR 3D Conference & Expo* SPAR 3D Conference & Expo. SPAR 3D Expo & Conference, presented by SPAR 3D.com and co-located with AEC Next, is the premier international event for the commercial application of 3D technologies focused on 3D sensing, 3D processing, and 3D visualization tools. From sensing with drones, mobile rigs, and hand-held devices to using augmented reality, virtual reality, and mixed reality visualization tools, everything 3D is here at the only vendor-neutral, industry-agnostic event in the market. See http://www.socaltech.com/calendar/eventid/26386 ------------------------------ *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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
