*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 21, 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 * - Inhibrx Finds $40M For Protein Engineering Tools <#m_7836603794584811863_0078140> - Aerojet Rocketdyne Eyes Energy Storage <#m_7836603794584811863_0078136> - KB Home Goes High Tech At New Irvine Development <#m_7836603794584811863_0078137> - Snap Shuffles Execs <#m_7836603794584811863_0078138> - DTS Gets Win In ASUS ZenFone 6 <#m_7836603794584811863_0078139> - Virgin Hyperloop One Raises $172.2M <#m_7836603794584811863_0078135> - Kairos, TCA Back Biopharmaceuticals Startup <#m_7836603794584811863_0078132> *Marketplace* - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_7836603794584811863_ad749> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_7836603794584811863_ad741> - BDO - Southern California Technology Industry Team <#m_7836603794584811863_ad737> - Support Our News Coverage - Become A Member Today! <#m_7836603794584811863_ad680> *Tuesday, May 21, 2019* *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 *Inhibrx Finds $40M For Protein Engineering Tools* <http://www.socaltech.com/fullstory/0078140.html> San Diego-based Inhibrx, a biopharmaceuticals startup working in the area of protein engineering, has raised $40M in an investment from Viking Global Investors, the company announced this mroning. Inhibrx said it has now raised approximately $205M in total, including $135M in equity and debt and $70M in licensing and grants. Inibrx has previously raised funding from such investors as RA Capital, Lilly Asia Ventures, ArrowMark Partners, WuXi Biologics and Alexandria. (More... <http://www.socaltech.com/fullstory/0078140.html>) *Aerojet Rocketdyne Eyes Energy Storage* <http://www.socaltech.com/fullstory/0078136.html> Canoga Park-based aerospace and defense products developer Aerojet Rocketdyne is taking aim at the energy storage market, saying today that it has tied with ZAF Energy Systems, to work on an energy storage system. According to Aerojet Rocketdyne and ZAF Energy Systems, the new energy storage product will use ZAF's nickel-zinc batteries, and Aerojet's battery management system (BMS). Financial details of the link were not announced. ( More... <http://www.socaltech.com/fullstory/0078136.html>) *KB Home Goes High Tech At New Irvine Development* <http://www.socaltech.com/fullstory/0078137.html> New home developer KB Home says it is offering a huge set of new, smart home and "personal wellness" technology at a new development in Irvine. According to KB Home, homebuyers as its new development, Genoa at Orchard Hills in Irvine will be able to select from a menu of smart home and personal wellness technologies, which it is showcasing at a concept home called the KB Home ProjeKt: Where Tomorrow Lives. (More... <http://www.socaltech.com/fullstory/0078137.html>) *Snap Shuffles Execs* <http://www.socaltech.com/fullstory/0078138.html> Venice-based social media app developer Snap said late Monday that it has named a new Chief Financial Officer and Chief People Officer, in a shuffling of its executive staff. According to Snap, it has named Derek Andersen, the company's current Vice President of Finance, to the post of Chief Financial Officer (CFO), and also named Lara Sweet, currently interim CFO, as its Chief People Officer. (More... <http://www.socaltech.com/fullstory/0078138.html>) *DTS Gets Win In ASUS ZenFone 6* <http://www.socaltech.com/fullstory/0078139.html> Calabasas-based DTS, which is a subsidiary of Xperi Corporation, reported a design win, in the new ASUS ZenFone 6 Android smartphone. According to DTS, its DTS:X Ultra audio technology has been incorporated into the new Android smartphone, offering up an immersive audio experience for music, movies, and gaming. The DTS audio technology provides 5:1 and 7:1 multi-channel audio, shaping those sounds to create an immersive audio experience. ( More... <http://www.socaltech.com/fullstory/0078139.html>) *Virgin Hyperloop One Raises $172.2M* <http://www.socaltech.com/fullstory/0078135.html> Los Angeles-based Virgin Hyperloop One, the developer of futuristic transportation technology, has raised $172.2M in a funding round, part of an ongoing $224.7M funding, according to a regulatory filing by the firm. Details on the funding have not yet been announced by the company. According to the filing, the funding included 80 investors, and it received the first funds in this new round on April 29th. (More... <http://www.socaltech.com/fullstory/0078135.html>) *Kairos, TCA Back Biopharmaceuticals Startup* <http://www.socaltech.com/fullstory/0078132.html> Kairos Ventures, a Los Angeles-based venture capital investor, as well as Southern California's Tech Coast Angels, have backed a clinical stage biopharmaceuticals company in a Series B funding. According to Actuate Therapeutics, it raised $21.7M in a Series B funding. Actuate, which is based in Texas, is developing treatments for cancer and inflammatory disease. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=97107>)(More... <http://www.socaltech.com/fullstory/0078132.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 bwe...@pacwest.com *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. *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 *Support Our News Coverage - Become A Member Today! <http://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership ------------------------------ *Recent Funding <#m_7836603794584811863_funding>* 5/15/19 Halla <http://www.socaltech.com/intelligence/?action=showdeal&id=97031> Los Angeles $1.40 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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* Preccelerator Workshop: Startup Leadership & Culture 101 with Janine Davis. This will be an interactive workshop focused on how the deliberate creation of culture and leadership abilities are critical to your startup’s success. We will talk about the impact of culture and leadership on your growth, as well as getting into some exercises to start you on the path to forming your culture code and understanding what leadership gaps you might want to address.. See http://www.socaltech.com/calendar/eventid/26475 May 31, Los Angeles -- *MakerWalk LA 2019* MakerWalk LA 2019. SAVE THE DATE: MakerWalk LA is back for its second year and we couldn’t be more excited! On May 31, 2019 join local founders, creatives, tastemakers, local brands, manufacturers, and the business community for behind-the-scenes factory tours, exclusive workshops, and demos in the DTLA Arts District. FREE with RSVP while tickets last. This year’s MakerWalk will conclude with a private afterparty, an invitation-only event for local founders, tour hosts, sponsors, catalyst community members, and special guests of MAKE IT IN LA. As a VIP ticket holder you can attend this exclusive event and receive a gift bag of locally made products! The party will feature local food, signature craft cocktails by Greenbar Distillery and Califia Farms, and mingling with LA’s most favored local makers and our MAKE IT IN LA friends.. See http://www.socaltech.com/calendar/eventid/26472 June 5, Westlake Village -- *ACG101's 3rd Annual Emerging Growth Pitch Competition & Showcase* ACG101's 3rd Annual Emerging Growth Pitch Competition & Showcase. On June 5th, we're showcasing a select group of Greater-Los Angeles's finest startups in an event you won't want to miss. 10 selected startups will pitch to attendees, guest judges (investors and seasoned entrepreneurs) in a showcase/demo table style presentation. Three finalists will then be selected to formally do a 2-minute pitch for the grand prize! The winner will receive $1000 in cash, $2500 in legal services from leading SoCal law firm Stubbs Alderton & Markiles, a 409A valuation from Weaver (a $5K value), a year's worth of coworking space at Hub 101, and hugely valuable real-time investor feedback about their product and presentation.. See http://www.socaltech.com/calendar/eventid/26468 June 11, San Diego -- *San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop* San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop. We're doing it again! Due to the overwhelming demand to pitch at our last event in San Diego, we're throwing an exclusive PitchFest speed dating event where you will be pitching to over 20 investors one-on-one! At this San Diego Event, we will be showcasing some of the newest early-stage venture funds & angel groups in the San Diego area! The panels of seasoned and newer investors will focus on Early-Stage Venture Investing: How to meet investors, pitch them, and what it really takes to get them to write you a check! There will be plenty of time for networking with the Investor panelists, both before the panel & after the panel at the Cocktail Party! As an additional benefit, entrepreneur 1/4 page summaries will be given to the investor speakers and attendees. All of the Investors will get your company description and contact info! Register today, as this event will sell-out and is limited! Additionally, there will be an Optional Pitching Workshop Lunch from 12pm-3pm. The cost to participate will be $350. This Lunch Workshop includes the $75 ticket to the event. During this workshop we will completely deconstruct your elevator pitch, and work with you on formulating a clean and concise 2 minute elevator pitch giving the important information that investors NEED to hear to make an educated decision on your company! Then you get to give your new Elevator Pitch in person to the Panel of Investors during the event! There are only 15 spaces left in the Workshop. Location: Cross Campus San Diego 2159 India Street San Diego, CA 92101 Date: Tuesday, June 11, 2019 Time: 5:30pm - 9:00pm Cost: - Entrepreneur: $75 - Entrepreneur + Workshop (15 left): $350 - Investor / Service Provider: $85 Speakers: Moderator: Joe Daniels, McCarter & English Greg Horowitt, Managing Director, Jun Capital Partners Zalmi Duchman, Angel Investor Tom Markel, Angel Investor Andrew Ly, Angel Investor +DOZENS MORE INVESTORS. 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* Orange County FundingPost VC and Angel Investor PitchFest + Pitch Workshop. We're doing it again! Due to the overwhelming demand to pitch at our last event in Orange County, we're throwing an exclusive PitchFest speed dating event where you will be pitching to over 20 investors one-on-one! At this OC Event, we will be showcasing some of the newest early-stage venture funds & angel groups in the San Diego area! The panels of seasoned and newer investors will focus on Early-Stage Venture Investing: How to meet investors, pitch them, and what it really takes to get them to write you a check! There will be plenty of time for networking with the Investor panelists, both before the panel & after the panel at the Cocktail Party! As an additional benefit, entrepreneur 1/4 page summaries will be given to the investor speakers and attendees. All of the Investors will get your company description and contact info! Register today, as this event will sell-out and is limited! Additionally, there will be an Optional Pitching Workshop Lunch from 12pm-3pm. The cost to participate will be $350. This Lunch Workshop includes the $75 ticket to the event. During this workshop we will completely deconstruct your elevator pitch, and work with you on formulating a clean and concise 2 minute elevator pitch giving the important information that investors NEED to hear to make an educated decision on your company! Then you get to give your new Elevator Pitch in person to the Panel of Investors during the event! There are only 15 spaces left in the Workshop. FREE PARKING ACROSS THE STREET AT: Jamboree Promenade Shopping Center Location: WeWork The Boardwalk 18575 Jamboree Road Irvine, CA 92612 Date: Thursday June 13th, 2019 Time: 5:30pm - 9:00pm Cost: - Entrepreneur: $75 - Entrepreneur+Workshop (15 left): $350 - Investor / Service Provider: $85 Speakers: Moderator: Joe Daniels, McCarter & English Zalmi Duchman, Angel Investor Brandon Maier, Founding Partner, WestWave Ventures JJ Richa, Tech Coast Angels, Angel Investor Scott Fox, CEO, OC Startup Council Doug Pennington, Founder, ArchAngels Investors Anderee Berengian, Founder & Managing Director: RezVen Partners Chad Anderson, MT Digital Assets Tom Markel, Angel Investor +DOZENS MORE INVESTORS. See http://www.socaltech.com/calendar/eventid/26470 June 19, Pasadena -- *SoCal First Look Innovation Showcase 2019* SoCal First Look Innovation Showcase 2019. The SoCal First Look Innovation Showcase supports, nurtures and stimulates our unique innovation culture in Southern California and promotes its position as a vibrant hub for start-ups and emerging technology. In addition to the presenters, venture capitalists and early stage angel investors attend the event, along with local elected officials, business leaders and senior administrators from the universities. See http://www.socaltech.com/calendar/eventid/26432 ------------------------------ *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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