*socaltech.com <http://socaltech.com> TechNews - Friday, May 10, 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 * - Scopely Buys DIGIT Game Studios <#m_4991062351786573607_0078069> - Chrome River Powers New Expense App For U.S. Bank <#m_4991062351786573607_0078068> - Sonos Launches Google Assistant Support, Reports Q2 Results <#m_4991062351786573607_0078067> - StoryBots Acquired By Netflix <#m_4991062351786573607_0078065> - ChowNow Connects With $21M More <#m_4991062351786573607_0078064> - Phyn Finds $12M More For Smart Water Monitoring <#m_4991062351786573607_0078063> *Marketplace* - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_4991062351786573607_ad749> - Stubbs Alderton & Markiles Preccelerator <#m_4991062351786573607_ad694> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_4991062351786573607_ad611> - Stradling <#m_4991062351786573607_ad608> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_4991062351786573607_ad741> *Friday, May 10, 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 *Scopely Buys DIGIT Game Studios* <http://www.socaltech.com/fullstory/0078069.html> Los Angeles-based mobile game publisher Scopely has acquired DIGIT Game Studios, the game development studio behind its hit mobile game, Star Trek Fleet Command, Scopely announced on Thursday. Financial details of the acquisition were not announced. Scopely was already a strategic investor in Dublin, Ireland-based DIGIT, having made an investment in DIGIT in 2015. ( More... <http://www.socaltech.com/fullstory/0078069.html>) *Chrome River Powers New Expense App For U.S. Bank* <http://www.socaltech.com/fullstory/0078068.html> Los Angeles-based software developer Chrome River and U.S. Bank announced this week that Chrome River is powering a new app being launched by U.S. Bank, the U.S. Bank Expense Wizard. According to the two, the new payment software helps streamline payments and reconciliation for infrequent business travelers. Financial details of the arrangement between the two companies were not announced. U.S. (More... <http://www.socaltech.com/fullstory/0078068.html>) *Sonos Launches Google Assistant Support, Reports Q2 Results* <http://www.socaltech.com/fullstory/0078067.html> Goleta-based whole home speaker manufacturer Sonos said on Thursday that it has launched Google Assistant on Sonos, allowing Google's voice assistant to run on Sonos "smart" speakers through a software upgrade. According to Sonos, it will begin rolling out the feature next week in the U.S., with more markets to come over the next few months. (More... <http://www.socaltech.com/fullstory/0078067.html>) *StoryBots Acquired By Netflix* <http://www.socaltech.com/fullstory/0078065.html> StoryBots, the kids' mobile app and content developer created by long time Southern California entrepreneurs Gregg and Evan Spiridellis, has been acquired by Netflix, Netflix announced on Thursday. Financial details of the acquisition were not announced. StoryBots was created by Gregg and Evan Spiridellis when they were running another, local technology company--JibJab--when, as new parents, they recognized the need for good children's content on mobile platforms. (More... <http://www.socaltech.com/fullstory/0078065.html>) *ChowNow Connects With $21M More* <http://www.socaltech.com/fullstory/0078064.html> Los Angeles-based online ordering software developer ChowNow has raised $21M more in funding, in its Series C funding, according to the company. The funding came from 3L Capital and Catalyst Investors, and brings the company's total raised to $60M. Chowow is led by co-founder and CEO Chris Webb. As part of the funding, the company said that Shawn Colo, the co-founder and managing director of 3L Capital, has joined the company's board. (More... <http://www.socaltech.com/fullstory/0078064.html>) *Phyn Finds $12M More For Smart Water Monitoring* <http://www.socaltech.com/fullstory/0078063.html> Los Angeles-based Phyn, the Belkin spinout which is developing very advanced, machine learning-driven smart water usage monitoring systms, has raised $12M more in a funding round, the company announced on Thursday. The funding came from Belkin International and Uponor, both prior investors in Phyn. According to Phyn, the new funding will go towards research and new product development, to help it grow its footprint in the U.S., and continued expansion in global markets. (More... <http://www.socaltech.com/fullstory/0078063.html>) *Pacific Western Bank, Venture Banking Group – Brian Weber <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $26 billion in assets and 74 full-service branches located throughout California and one branch in Durham, North Carolina. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors. We also offer Community Banking and National Lending services. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or send an email to [email protected] *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/ *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. *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. ------------------------------ *Recent Funding <#m_4991062351786573607_funding>* 5/08/19 Neural Analytics, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96997> Los Angeles $22.00 M 5/07/19 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=96995> Santa Monica $1.60 M 5/07/19 INDOSE INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=96994> Woodland Hills $3.50 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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* R.E.D Talk: The Future of the Supply Chain in LA County. LAEDC. The Future of the Supply Chain in LA County: How Big Data and IoT are streamlining businesses for success. The success of a business and its supply chain is increasingly determined by the business’s ability to react quickly to market forces and make smart decisions based on hard data. That’s obvious—what’s less obvious is how to do this. For the past decade or so, large businesses have been obsessed with collecting and storing data about their customers, their own internal processes, external market information and so on. The problem is that many businesses have found themselves paralyzed by the amount of data they have collected. And, it’s not enough to simply collect data—it’s important to formulate questions the data can solve. To do that, these businesses need to invest in the analysis of data. That means hiring data scientists and investing in advanced business intelligence tools, so they can gain a competitive edge. 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 [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
