*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). ------------------------------ *Headlines * - Neural Analytics Finds $22M For Medical Robotics <#m_-4774700770836441438_0078047> - j2 Global's Q1 Revenues Rise To $299.9M <#m_-4774700770836441438_0078048> - MabVax Therapeutics' Assets Acquired By German Company <#m_-4774700770836441438_0078049> - AEG Backs UN Sports, Climate Effort <#m_-4774700770836441438_0078050> - Tech Coast Angels Backed 53 Companies In 2018, $10.8M Invested <#m_-4774700770836441438_0078046> - Exploding Kittens Raises $20M <#m_-4774700770836441438_0078045> - Science Inc. Backs Liquid Death's Punk Water Brand <#m_-4774700770836441438_0078044> - Wave Financial Group Finds Funding From Fineqia, Aims At Blockchain Investing <#m_-4774700770836441438_0078043> - Indose Inhales $3.5M In Funding From Snoop Dogg's Casa Verde <#m_-4774700770836441438_0078042> *Marketplace* - BDO - Southern California Technology Industry Team <#m_-4774700770836441438_ad737> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-4774700770836441438_ad611> - Stubbs Alderton & Markiles Preccelerator <#m_-4774700770836441438_ad694> - Stradling <#m_-4774700770836441438_ad608> *Wednesday, May 8, 2019* *Neural Analytics Finds $22M For Medical Robotics* <http://www.socaltech.com/fullstory/0078047.html> Los Angeles-based Neural Analytics, a developer of medical robotics technology being used to track and measure brain health in possible stroke victims, has raised $22M in its Series C funding, the company said this morning. The company says it has now raised approximately $66M in total. The Series C funding was led by Alpha Edison. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=37841>)(More... <http://www.socaltech.com/fullstory/0078047.html>) *j2 Global's Q1 Revenues Rise To $299.9M* <http://www.socaltech.com/fullstory/0078048.html> Los Angeles-based J2 Global, the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M. Those quarterly results were up from Q1 of 2018, when the company had revenues of $280.6M. The company said net cash provided by its operating activities increased to $116. (More... <http://www.socaltech.com/fullstory/0078048.html>) *MabVax Therapeutics' Assets Acquired By German Company* <http://www.socaltech.com/fullstory/0078049.html> The antibody assets and infrastructure of San Diego-based MabVax Therapeutics has been acquired by a German company, BioNTech SE, according to BioNTech SE. Financial details of the acquisition were not annoucned. BioNTech SE is acquiring those assets out of the Chapter 11 bankruptcy proceedings for MabVax. According to BioNTech SE, it itends to establish a new, research facility in San Diego as a result of the agreement. (More... <http://www.socaltech.com/fullstory/0078049.html>) *AEG Backs UN Sports, Climate Effort* <http://www.socaltech.com/fullstory/0078050.html> Los Angeles--based sports and live entertainment company AEG--which is behind the LA Kings, LA Galaxy, as well as Eisbaren Berlin and the Ontario Reign, said it has stepped up to support the United Nation's Sports for Climate Action Framework. The framework outlines a set of principles for the global sports community, to help combat climate change and to use sports as a "unifying tool" to drive climate awareness. (More... <http://www.socaltech.com/fullstory/0078050.html>) *Tech Coast Angels Backed 53 Companies In 2018, $10.8M Invested* <http://www.socaltech.com/fullstory/0078046.html> The Tech Coast Angels, the largest organized angel investment group both in Southern California as well as across the venture ecosystem, says it backed a total of 53 companies in all of 2018, putting in a total of $10.8M across those companies. According to the TCA, about 76 percent of its investments in 2018 went to 34 new companies in its portfolio, with the largest investment--nearly 15 percent of its investments--in a single investment worth $1.6 million in Tourmaline Labs. (More... <http://www.socaltech.com/fullstory/0078046.html>) *Exploding Kittens Raises $20M* <http://www.socaltech.com/fullstory/0078045.html> Los Angeles-based Exploding Kittens, the developer of the card game of the same name, has raised a huge, $20M equity funding round, according to a regulatory filing from the firm. Details on the fundraising effort have not yet been announced by the company, however, the developers behind the game have been crowdfunding for the new title since earlier this year. The game developers of Exploding Kittens were behind the hit game title "Throw Throw Burrito". (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=60378>)(More... <http://www.socaltech.com/fullstory/0078045.html>) *Science Inc. Backs Liquid Death's Punk Water Brand* <http://www.socaltech.com/fullstory/0078044.html> Santa Monica-based startup studio Science Inc. has just made a $1.6M seed investment in a new startup, Liquid Death, which sells a canned water brand whose tagline is "Murder Your Thirst". The startup is led by former Netflix creative director Mike Cessario. According to the company, it sources its water from the Austrian alps. Science Inc's Michael Jones--former CEO of MySpace--now sits on the board of Liquid Death. The company sells its canned water in a 12-pack for $1. (More... <http://www.socaltech.com/fullstory/0078044.html>) *Wave Financial Group Finds Funding From Fineqia, Aims At Blockchain Investing* <http://www.socaltech.com/fullstory/0078043.html> Los Angeles-based Wave Financial Group, a new, Blockchain investment company led by former Wavemaker Partners co-founder David Siemer, has received a round of funding from London, UK-based Finequia Investments Limited, according to the two companies. Size of the equity investment was not announced. According to the two companies, Wave undertakes early-stage investment, asset management, treasury management and strategy consulting to enhance the adoption of blockchain technologies worldwide. (More... <http://www.socaltech.com/fullstory/0078043.html>) *Indose Inhales $3.5M In Funding From Snoop Dogg's Casa Verde* <http://www.socaltech.com/fullstory/0078042.html> Woodland Hills-based Indose, a startup developing a vape device for THC and cannabis, has raised $3.5M in a Series A funding round, according to the company. The funding came from Casa Verde Capital, the cannabis investment fund run by Snoop Dogg. According to Indose, it has developed a vape pen technology which provides a measured dose of THC to the user. According to the company, it has created an "individualized, controlled vannabis vaping experience". (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=58835>)(More... <http://www.socaltech.com/fullstory/0078042.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 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 *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/ *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_-4774700770836441438_funding>* 5/08/19 Neural Analytics, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96997> Los Angeles $22.00 M 5/07/19 INDOSE INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=96994> Woodland Hills $3.50 M 5/07/19 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=96995> Santa Monica $1.60 M 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 Sistine Solar <http://www.socaltech.com/intelligence/?action=showdeal&id=96702> 28 Dane Street $0.00 M 4/17/19 Slingshot Aerospace <http://www.socaltech.com/intelligence/?action=showdeal&id=96701> El Segundo $5.00 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 ------------------------------ *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 21, El Segundo -- *R.E.D Talk: The Future of the Supply Chain in LA County* *NEW* . See http://www.socaltech.com/calendar/eventid/26464 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 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. 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