*socaltech.com <http://socaltech.com> TechNews - Thursday, May 2, 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 * - Trovata.io Finds $5.5M For Automating Cash Management <#m_3223579246984398492_0078004> - GumGum Sports Names ESPN Veteran To VP Post <#m_3223579246984398492_0078005> - USC Marshall Combines MBA, STEM <#m_3223579246984398492_0078006> - VideoAmp Pulls In $70M Funding Round <#m_3223579246984398492_0078003> - Solarflare Acquired By Xilinx <#m_3223579246984398492_0078002> *Marketplace* - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_3223579246984398492_ad741> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_3223579246984398492_ad717> - Square 1 Bank - Brian Weber <#m_3223579246984398492_ad695> - Stradling <#m_3223579246984398492_ad608> *Thursday, May 2, 2019* *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 *Trovata.io Finds $5.5M For Automating Cash Management* <http://www.socaltech.com/fullstory/0078004.html> San Diego-based fintech startup Trovata.io, which is developing software to automate cash management, has raised $5.5M in a seed funding round, the company said this week. The funding was co-lead by FINTOP Capital and JPMorgan Chase. According to Trovata.io, the funding will go towards ramping sales and accelerating product development for its treasury management software. (More... <http://www.socaltech.com/fullstory/0078004.html>) *GumGum Sports Names ESPN Veteran To VP Post* <http://www.socaltech.com/fullstory/0078005.html> Santa Monica-based GumGum Sports, which develops artificial intelligence (AI)-powered software to help quantify the amount of exposure sponsors are getting from sports sponsorships, has tapped a veteran of ESPN as its newest executive. According to GumGum Sports, it has named Tori Stevens as Senior Vice President of Customer Success. Stevens was most recently at Sports Innovation Labs. (Funding Details <https://www.socaltech.com/intelligence/?action=showperson&id=82271>)( More... <http://www.socaltech.com/fullstory/0078005.html>) *USC Marshall Combines MBA, STEM* <http://www.socaltech.com/fullstory/0078006.html> The University of Southern California (USC) Marshall School of Business is hoping to make its MBA students more attractive to the marketplace--and help its international students--by adding a new "STEM specialization" option for its full time MBA students, the company announced on Wednesday. ( More... <http://www.socaltech.com/fullstory/0078006.html>) *VideoAmp Pulls In $70M Funding Round* <http://www.socaltech.com/fullstory/0078003.html> Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. The company, which develops cross-platform advertising, said it will use the funding to build out its team, as well as for acquisition. As part of the funding, Peter Liguori (former CEO of Tribune Media) joins the company's board of directors. VideAmp has now raised $106.6M in total. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=96885>)(More... <http://www.socaltech.com/fullstory/0078003.html>) *Solarflare Acquired By Xilinx* <http://www.socaltech.com/fullstory/0078002.html> Irvine-based Solarflare, a developer semiconductor used for high performance, low latency networking, has been acquired by San Jose-based Xilinx. Financial details of the acquisition were not anounced. According to Xilinx, the deal will help the company accelerate its "data center first" strategy. Solarflare's network interface cards are used in cloud computing, fintech, and other data center applications, where applications require low latency network access. (More... <http://www.socaltech.com/fullstory/0078002.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 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. *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 i...@siliconmaps.com 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 bwe...@square1bank.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_3223579246984398492_funding>* 5/01/19 VideoAmp <http://www.socaltech.com/intelligence/?action=showdeal&id=96885> Santa Monica $70.00 M 4/30/19 Trovata.io <http://www.socaltech.com/intelligence/?action=showdeal&id=96886> San Diego $5.50 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html May 3, Los Angeles -- *SoCalBio Innovation Catalyst Program (May 3rd, 2019)* *NEW* . See http://www.socaltech.com/calendar/eventid/26455 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 8, Thousand Oaks -- *CLU New Venture Fair* *NEW* . See http://www.socaltech.com/calendar/eventid/26461 May 9, Los Angeles -- *The Original Mixer* *NEW* . See http://www.socaltech.com/calendar/eventid/26454 May 9, Valencia -- *CalArts Expo 2019* CalArts Expo 2019. Reflecting California Institute of the Arts’ experimental ethos, the Institute’s CalArts Expo rolls out its latest projects integrating cutting-edge engineering and computer science with visual and performing arts. Highlighting new student and faculty projects made over this last academic year, the Expo’s exhibitions and performances run from early afternoon to late evening in the ROD Music Hall, MOD Theater, Main Gallery, Wild Beast, Machine Lab, and Lund Dance Theater. The Expo reflects the latest practices in technologically sophisticated arts, involving viewers in interactive experiences, bringing artists’ perspectives to computer games, forecasting future directions of digital performance, animation, and projection mapping, and exploring the latest in software and hardware as a means of commenting on our increasingly connected world. See http://www.socaltech.com/calendar/eventid/26453 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 14, Los Angeles -- *University Venturing Summit 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26462 May 20, San Diego -- *San Diego Investor Forum / May 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26457 May 20, San Diego -- *Keiretsu Westlake Village Investor Forum / May 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26458 May 20, San Diego -- *Keiretsu Forum Los Angeles* *NEW* . See http://www.socaltech.com/calendar/eventid/26459 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 May 23, Irvine -- *Keiretsu Forum Orange County* *NEW* . See http://www.socaltech.com/calendar/eventid/26460 ------------------------------ *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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