*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 7, 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 * - MabVax Therapeutics Looks To Sell Company In $3.7M Bankruptcy <#m_835280196712754552_0078040> - EVgo Shifts To 100 Percent Renewable Power <#m_835280196712754552_0078036> - Raken Names New Board Member <#m_835280196712754552_0078037> - Riot Games Employees' Walk Out Over Forced Arbitration <#m_835280196712754552_0078039> - Relativity Signs Satellite Rideshare Deal <#m_835280196712754552_0078038> - Alpha Technics Sold To TE Connectivity <#m_835280196712754552_0078035> - AppOnboard Gives Away Instant App Software For Free <#m_835280196712754552_0078033> *Marketplace* - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_835280196712754552_ad741> - Stubbs Alderton & Markiles Preccelerator <#m_835280196712754552_ad694> - Square 1 Bank - Brian Weber <#m_835280196712754552_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_835280196712754552_ad611> *Tuesday, May 7, 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 [email protected]. http://www.bdo.com *MabVax Therapeutics Looks To Sell Company In $3.7M Bankruptcy* <http://www.socaltech.com/fullstory/0078040.html> San Diego-based biopharmaceuticals developer Mabvax, which filed for Chapter 11 bankruptcy in March, has lined up a buyer for the company, in a deal worth $3.7M. Mabvax filed for bankruptcy in March, claiming that it was the victim of "pump-and-run" by outside investors. Mabvax was developing treatments for cancer, using antibody technology. (More... <http://www.socaltech.com/fullstory/0078040.html>) *EVgo Shifts To 100 Percent Renewable Power* <http://www.socaltech.com/fullstory/0078036.html> Los Angeles-based electric vehicle (EV) charging network operator EVgo says it has shifted its operations to use 100 percent renewable power, contracting with its energy suppliers and renewable energy certificate (REC) partners to ensure that all of its chargers are generated from wind and solar energy. According to EVgo, it is the first, EV charging network in the United States to go 100 percent renewable. EVgo said that in California, it is buying 100 percent solar power. EVgo says the U.S. ( More... <http://www.socaltech.com/fullstory/0078036.html>) *Raken Names New Board Member* <http://www.socaltech.com/fullstory/0078037.html> San Diego-based Raken, a developer of construction field management software, says it has added a new member to its board of directors. According to the company, Dave Berman, the former President of ZOOM, has joined its board. Berman previously also served at WebEx, RingCentral, and Affectiva. Berman currently is a venture advisor for Spider Capital Partners. Raken is backed by Spider Capital, as well as U.S. Venture Partners, Tao Capital Partners, Eniac Ventures, and Rincon Venture Partners. (More... <http://www.socaltech.com/fullstory/0078037.html>) *Riot Games Employees' Walk Out Over Forced Arbitration* <http://www.socaltech.com/fullstory/0078039.html> At least a hundred employees of Los Angeles-based videogame maker Riot Games staged a walkout and protest on Monday, over the company's aggressive use of forced arbitration to settle sexual harassment lawsuits at the company, demanding that the company end forced arbitration for all past, current, and future riot employees including contractors and also in current litigation. (More... <http://www.socaltech.com/fullstory/0078039.html>) *Relativity Signs Satellite Rideshare Deal* <http://www.socaltech.com/fullstory/0078038.html> Los Angeles-based Relativity, a developer of robotics technology and 3D manufacturing technology aimed at developing 3D printed rockets, says it has signed a launch services agreement with satellite ridesharing arranger Spaceflight. According to Relativity, Spaceflight will manifest missions to Low Earth Orbit (LEO) on Relativity's 3D printed rocket, the Terran 1. Relativity has not yet launched its first rocket. Financial details of that launch services agreement were not announced. (More... <http://www.socaltech.com/fullstory/0078038.html>) *Alpha Technics Sold To TE Connectivity* <http://www.socaltech.com/fullstory/0078035.html> Oceanside-based Alphatechnics, a developer of precision temperature sensors used in the medical device, diagnostic and life sciences, has been sold to TE Connectivity. Financial details of the sale were not announced. Alpha Technics was previously owned by private equity investor Gen Cap America. ( More... <http://www.socaltech.com/fullstory/0078035.html>) *AppOnboard Gives Away Instant App Software For Free* <http://www.socaltech.com/fullstory/0078033.html> Los Angeles-based AppOnboard says it has begun giving away its codeless app development software, AppOnboard Studio, to help developers create "instant apps" and playable ads, as well as prototypes. The startup--led by startup veteran Jonathan Zweig--said the free version of its software makes it easy for people to design and build interactive versions of their mobile apps and games. AppOnboard has been offering up to the tool to many mobile game developers, to help them offer up game previews. (More... <http://www.socaltech.com/fullstory/0078033.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. *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 - 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 ------------------------------ *Recent Funding <#m_835280196712754552_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 Cullgen <http://www.socaltech.com/intelligence/?action=showdeal&id=96588> San Diego $16.00 M 4/10/19 DroneBase, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96587> Los Angeles $0.00 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 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* CLU New Venture Fair. The New Venture Fair (NVF) is a valuable part of Cal Lutheran's entrepreneur education experience, in which student teams share their innovative startup projects in a competitive environment. The NVF is a dynamic and exciting evening where the community gets its first look at Cal Lutheran's exceptional student entrepreneurs. The NVF will highlight the startup ideas of many student teams in a trade show-style event, complete with product demonstrations, elevator pitches, and marketing brochures. The students participating in the Fair have been working on their ideas for several months. They represent the brightest, most motivated, aspiring entrepreneurs on campus. See http://www.socaltech.com/calendar/eventid/26461 May 9, Los Angeles -- *The Original Mixer* The Original Mixer. The Original Mixer is one of the premier networking events in Southern California, attracting hundreds of professionals from as far as San Diego, Las Vegas, & San Francisco. This event has been produced for more than a decade resulting in tens of closed deals and thousands of new connections. 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* University Venturing Summit 2019. The best and brightest ventures from top Southern California universities will demo their ventures to angel investors and other resources in the new venturing community. See http://www.socaltech.com/calendar/eventid/26462 May 20, San Diego -- *San Diego Investor Forum / May 2019* Keiretsu Forum. San Diego Forum. Angel investor event. See http://www.socaltech.com/calendar/eventid/26457 May 20, San Diego -- *Keiretsu Westlake Village Investor Forum / May 2019* Keiretsu Forum. Westlake Village Forum. Angel investor event. See http://www.socaltech.com/calendar/eventid/26458 May 20, San Diego -- *Keiretsu Forum Los Angeles* Keiretsu Forum. Los Angeles Forum. Angel investor event. 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* Keiretsu Forum. Orange County Forum. Angel investor event. 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 [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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