*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 14, 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 * - Grindr's Chinese Owner Ordered To Sell App Over National Security Concerns <#m_-2141303468071645476_0078089> - Virtium Sold to Court Square Capital Partners <#m_-2141303468071645476_0078085> - Curtail, Fresh Off $3.25M Funding, Names VPs <#m_-2141303468071645476_0078087> - Clearlake's NetDocuments Gets New Investment <#m_-2141303468071645476_0078088> - Soulmates.AI Targets Social Media Measurement <#m_-2141303468071645476_0078086> - Cryptocurrency Investor Terpin Wins $75.8M Judgement In Hacking Case <#m_-2141303468071645476_0078083> - Biocom Institute Gets $150K Grant To Help Veterans Get Into Life Sciences <#m_-2141303468071645476_0078082> - New Feature: Socaltech's Video Interviews! <#m_-2141303468071645476_0078080> - Los Angeles VC's Launch Internship Effort In Diversity Bid, Deadline Friday <#m_-2141303468071645476_0078075> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#m_-2141303468071645476_ad750> - BDO - Southern California Technology Industry Team <#m_-2141303468071645476_ad737> - Stubbs Alderton & Markiles Preccelerator <#m_-2141303468071645476_ad694> - Stradling <#m_-2141303468071645476_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-2141303468071645476_ad596> - Preccelerator Class 11 Demo Day - June 25 <#m_-2141303468071645476_ad751> *Tuesday, May 14, 2019* *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 bwe...@pacwest.com *Grindr's Chinese Owner Ordered To Sell App Over National Security Concerns* <http://www.socaltech.com/fullstory/0078089.html> The Chinese owner of Los Angeles-based gay dating app Grindr must sell Grindr by June of 2020, after reaching an agreement with the Committee on Foreign Investment in the U.S. (CFIUS). Beijing Kunlun Tech Co., the Chinese owner of Grindr, said on Monday that it reached an agreement to sell Grindr before June 30, 2020, and also prohibits the company from accessing any information about Grindr's users, or transferring any of its user data to any entities based in China. (More... <http://www.socaltech.com/fullstory/0078089.html>) *Virtium Sold to Court Square Capital Partners* <http://www.socaltech.com/fullstory/0078085.html> Rancho Santa Margarita-based Virtium, a developer of ruggedized, industrial, embedded solid state drives and memory, has been sold to private equity investor Court Square Capital Partners, by its existing private equity owner, L Square Capital Partners. Financial details of the deal were not announced. According to L Squared, since its investment in Virtium in July of 2015, Virtium saw its organic revenues more than double, and a tripling of its EBITDA. (More... <http://www.socaltech.com/fullstory/0078085.html>) *Curtail, Fresh Off $3.25M Funding, Names VPs* <http://www.socaltech.com/fullstory/0078087.html> Santa Barbara-based Curtail, a new cybersecurity startup which recently landed $3.25M in funding, said this morning that it has named two VPs. According to the startup, Deborah Scanlon will serve as vice president of strategic sales, and Nigel Quinnin will take on the role of vice president of development at the company. Curtail recently raised $3.25M in a seed funding round from Tarus Capital. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=59616>)(More... <http://www.socaltech.com/fullstory/0078087.html>) *Clearlake's NetDocuments Gets New Investment* <http://www.socaltech.com/fullstory/0078088.html> N (More... <http://www.socaltech.com/fullstory/0078088.html>) *Soulmates.AI Targets Social Media Measurement* <http://www.socaltech.com/fullstory/0078086.html> Pasadena-based startup Soulmates.AI said today that it has launched a new tool, Social ROI Reporter, which it says helps brands and agencies with measuring the dollar value of their social media and influencer marketing campaigns. According to Soulmates.AI, its new tool helps marketers track their marketing performance on Facebook, Instagram, Twitter, and YouTube, and helps them compare their performance against competitors. The startup did not announce the pricing behind the tool. (More... <http://www.socaltech.com/fullstory/0078086.html>) *Cryptocurrency Investor Terpin Wins $75.8M Judgement In Hacking Case* <http://www.socaltech.com/fullstory/0078083.html> Michael Terpin, a cryptocurrency investor with close ties to the Los Angeles technology community, has won a $75.8M judgement as part of a lawsuit over a cryptocurrency hacking, Terpin said on Monday. According to a spokesperson for Terpin, the win came as part of a cryptocurrency case filed in January of 2018. (More... <http://www.socaltech.com/fullstory/0078083.html>) *Biocom Institute Gets $150K Grant To Help Veterans Get Into Life Sciences* <http://www.socaltech.com/fullstory/0078082.html> The Biocom Institute, a nonprofit which helps with workforce develompent in the science, technology, engineering and math (STEM) areas, says it has received a $150,000 grant, which will help veterans gain access to careers in the life sciences. According to the Institute, the $150,000 Workforce Accelerator Fund grant came from the California Workforce Development Board. (More... <http://www.socaltech.com/fullstory/0078082.html>) *New Feature: Socaltech's Video Interviews!* <http://www.socaltech.com/fullstory/0078080.html> We're rolling out a new feature over the next few weeks and months: video interviews! A lot of our readers have asked if we could add some video content to our news stream, and we've started talking with local entrepreneurs, investors, and others to learn more about how Southern California's high tech industry is growing and expanding. (More... <http://www.socaltech.com/fullstory/0078080.html>) *Los Angeles VC's Launch Internship Effort In Diversity Bid, Deadline Friday* <http://www.socaltech.com/fullstory/0078075.html> Los Angeles area venture capitalists have launched a new internship effort, in a bid to help diversify their ranks, according to PledgeLA, a coalition of local venture capital and technology companies. (More... <http://www.socaltech.com/fullstory/0078075.html>) *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. i...@socalip.com www.socalip.com *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 *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. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <+johnhuttin...@pacificunified.com>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 johnhuttin...@pacificunified.com *Preccelerator Class 11 Demo Day - June 25 <https://www.eventbrite.com/e/preccelerator-class-11-demo-day-tickets-59022004404>* Preccelerator Class 11 Demo Day. Clear your calendar - It's going down! The Preccelerator ® Program Class 11 Demo Day kicks off on June 25th @ 6:00 pm, and you're invited to take part in the festivities. What a wild ride it has been! Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their 6-month term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts! Pitches will be followed by a special Startup Superhero Series speaker - who will be sharing the highs and lows and lessons learned on their startup journey! Register today! https://www.eventbrite.com/e/preccelerator-class-11-demo-day-tickets-59022004404 ------------------------------ *Recent Funding <#m_-2141303468071645476_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 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 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 14, Anaheim -- *North America CACS 2019* North America CACS 2019. IT Audit, Control, and Security Event. Stay ahead of trends and tools across your professional landscape. Join us at North America CACS 2019, 13-15 May in Anaheim, California, and be a part of the top conference for IS audit and security professionals. See http://www.socaltech.com/calendar/eventid/26466 May 15, Pasadena -- *Southern California Quantum Computing Meetup * *NEW* . See http://www.socaltech.com/calendar/eventid/26473 May 15, Anaheim -- *North America CACS 2019* North America CACS 2019. IT Audit, Control, and Security Event. Stay ahead of trends and tools across your professional landscape. Join us at North America CACS 2019, 13-15 May in Anaheim, California, and be a part of the top conference for IS audit and security professionals. See http://www.socaltech.com/calendar/eventid/26467 May 16, Santa Monica -- *ISSA-LA Annual InfoSec SummitXI* *NEW* . See http://www.socaltech.com/calendar/eventid/26471 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 May 29, Santa Monica -- *Preccelerator Workshop: Startup Leadership & Culture 101 with Janine Davis* *NEW* . See http://www.socaltech.com/calendar/eventid/26475 May 31, Los Angeles -- *MakerWalk LA 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26472 June 5, Westlake Village -- *ACG101's 3rd Annual Emerging Growth Pitch Competition & Showcase* *NEW* . See http://www.socaltech.com/calendar/eventid/26468 June 11, San Diego -- *San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop* *NEW* . See http://www.socaltech.com/calendar/eventid/26469 June 12, Los Angeles -- *DigiMarCon West 2019 - Digital Marketing Conference & Exhibition* DigiMarCon West 2019 - Digital Marketing Conference & Exhibition. DigiMarCon West 2019 is your chance to ... - Hear from some of the most audacious and thought provoking speakers in the digital marketing industry. - Gain insight into emerging strategies, the latest innovative technologies, and best practices to move your business to the next level. - Network with thought leaders, collaborate with your peers and build your network in a beautiful atmosphere. DigiMarCon West 2019 Digital Marketing Conference & Exhibition will be held from June 12th to 13th, 2019 at the luxurious Loews Santa Monica Beach Hotel in Los Angeles, California. Whatever your goal is; reinforcing customer loyalty, improving lead generation, increasing sales, or driving stronger consumer engagement, the DigiMarCon West 2019 line up has been specifically designed to help you develop your audience. See http://www.socaltech.com/calendar/eventid/26373 June 12, Los Angeles -- *TECHSPO Los Angeles 2019* TECHSPO Los Angeles Technology Expo - June 12-13, 2019 - Los Angeles, CA. See http://www.socaltech.com/calendar/eventid/26379 June 12, San Diego -- *Cybersecurity Summit June 2019* Cybersecurity Summit June 2019. Tech San Diego. Although California’s Consumer Privacy Act (CCPA) was intended to govern digital giants like Facebook, it will also impact small and medium-sized businesses. Effective Jan. 1, 2020, the sweeping digital privacy law gives consumers new rights over their personal information—and comes with financial risk related to non-compliance for the companies that hold it. So join ESET security expert Stephen Cobb, ESET General Counsel Alexandra Albro and Sheppard Mullin cyber attorney Justine Phillips for a candid discussion about CCPA for SMBs. See http://www.socaltech.com/calendar/eventid/26463 June 13, Irvine -- *Orange County FundingPost VC and Angel Investor PitchFest + Pitch Workshop* *NEW* . See http://www.socaltech.com/calendar/eventid/26470 ------------------------------ *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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