*socaltech.com <http://socaltech.com> TechNews - Tuesday, June 11, 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 * - Evofem Biosciences Raises $50M More <#m_-7892907387241141329_m_-9052663598906693077_0078275> - EvoNexus, UC San Diego Team On FinTech Efforts <#m_-7892907387241141329_m_-9052663598906693077_0078278> - Newegg In Global Expansion Effort <#m_-7892907387241141329_m_-9052663598906693077_0078276> - Kareo Names New CFO <#m_-7892907387241141329_m_-9052663598906693077_0078277> - GameMine Expands Mobile Game Catalog <#m_-7892907387241141329_m_-9052663598906693077_0078274> - New LA Startup Combines Virtual Reality, Massage <#m_-7892907387241141329_m_-9052663598906693077_0078273> - Next West Coast SpaceX Mission Scheduled For Wednesday <#m_-7892907387241141329_m_-9052663598906693077_0078272> - Goal Structured Solutions Buys Skills Fund <#m_-7892907387241141329_m_-9052663598906693077_0078270> *Marketplace* - Preccelerator Class 11 Demo Day - June 25 <#m_-7892907387241141329_m_-9052663598906693077_ad751> - BDO - Southern California Technology Industry Team <#m_-7892907387241141329_m_-9052663598906693077_ad737> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_-7892907387241141329_m_-9052663598906693077_ad741> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_-7892907387241141329_m_-9052663598906693077_ad752> - Become a Socaltech Supporter! <#m_-7892907387241141329_m_-9052663598906693077_ad724> *Tuesday, June 11, 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 [email protected] *Evofem Biosciences Raises $50M More* <http://www.socaltech.com/fullstory/0078275.html> San Diego-based Evofem Biosciences, a biopharmaceuticals firm developing women's sexual and reproductive health products, announced late Monday that it has received $50M more in funding, from PDL BioPharma. The funding is part of a larger, $80M financing deal the two announced earlier in the year, which included $30M from PDL in April. According to Evofem Biosciences, the new financing will go to advance commercialization of its lead asset, Amphora. (More... <http://www.socaltech.com/fullstory/0078275.html>) *EvoNexus, UC San Diego Team On FinTech Efforts* <http://www.socaltech.com/fullstory/0078278.html> San Diego- and Orange County-based startup incubator EvoNexus and the University of California San Diego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups. According to the two, the partnership will help students and alums of UCSD Rady, by creating an "entrepreneurial path" for them into the EvoNexus FinTech Incubator. (More... <http://www.socaltech.com/fullstory/0078278.html>) *Newegg In Global Expansion Effort* <http://www.socaltech.com/fullstory/0078276.html> Los Angeles-based electronics- and technology retailer Newegg says it is in a major, global expansion effort, saying this morning that it has added another 29 countries to its network, growing the number of companies it is doing business in to more than 80. According to Newegg, it has been working over the last two years to expand its geographical reach, adding local language support, free shipping on select items, and local returns. (More... <http://www.socaltech.com/fullstory/0078276.html>) *Kareo Names New CFO* <http://www.socaltech.com/fullstory/0078277.html> Irvine-based cloud software developer Kareo, which develops software used by independent medical practices to manage both clinical and business operations, has named a new CFO, and also appointed to new board members. According to Kareo, it has named David Justus as Chief Financial Officer, and added both Scott Maxwell and David Cozzens to its board. Justus previously was CFO of Avetta, and also served at The Retail Equation and Arthur Andersen. (More... <http://www.socaltech.com/fullstory/0078277.html>) *GameMine Expands Mobile Game Catalog* <http://www.socaltech.com/fullstory/0078274.html> Venice, California-based mobile game publisher *GameMine <http://www.gamemine.com>* has expanded its catalog of mobile games by 1,200 games, in the Czech Republic, according to the company. Details of the deal were not announced, and GameMine did not discuss any of the financial behind the deal. The company said the gaming deal came after strategic licensing partnerships which include action, casino, logic, adventure, racing, and arcade games.(More... <http://www.socaltech.com/fullstory/0078274.html>) *New LA Startup Combines Virtual Reality, Massage* <http://www.socaltech.com/fullstory/0078273.html> Is the future of getting a massage virtual reality? A new, brick-and-mortar startup in Los Angeles, Esqapes sure hopes so, saying on Monday that it plans to launch the world's first ever "virtual reality massage center" in Los Angeles. (More... <http://www.socaltech.com/fullstory/0078273.html>) *Next West Coast SpaceX Mission Scheduled For Wednesday* <http://www.socaltech.com/fullstory/0078272.html> Fans of Hawthorne, California-based rocket and spacecraft developer SpaceX have another opportunity to catch a launch in San Luis Obispo, as SpaceX attempts to launch three Earth observation satellites on Wednesday. The launch--currently scheduled for 7:17 a.m. PDT on Wednesday--will place the Radarsat Constellation Mission into space for the Canadian government. Those satellites are being used for monitoring of maritime conditions, for responding to disasters, and other imaging efforts. (More... <http://www.socaltech.com/fullstory/0078272.html>) *Goal Structured Solutions Buys Skills Fund* <http://www.socaltech.com/fullstory/0078270.html> San Diego-based Goal Structured Solutions, a consumer finance company that managed consumer and student loans, has acquired Skills Fund, a startup which offered up financing for students attending "coding bootcamps", the two said last week. Financial terms of the acquisition were not announced. According to the companies, all of Skills Fund's current employees will join Goal Structured Solutions. (More... <http://www.socaltech.com/fullstory/0078270.html>) *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 *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 *Facilitated Off-Site Planning for Growth Companies and Venture Firms <https://collective-genius.com/>* Peak is a facilitated team off-site that empowers growth companies and venture firms to build a Three Year Vision, One Year Plan, and Quarterly OKRs. With the vision and plan set, we provide additional tools to keep the team aligned, accountable and on track. Peak is a collection of best practices Jeff Martin founder of Collective Genius has derived from twenty plus years of experience in founding and operating technology growth companies and venture firms. We are partnered with local and national venture firms and provide portfolio partner discounts. Schedule a Pre-Camp Meeting to Learn More: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - www.collective-genius.com *Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <https://www.bestronics.com>* Are the great ideas stacking up faster than your engineering resources can handle? Your company needs a reliable resource of analog/digital and software engineers to understand your issues, define the problem statements and lay out a course of action to output hardware products ready for integration into your system. Our unique capabilities, used by many in the medical, scientific, military and aerospace industries, allow us to offer engineering services that result in deliverable, production ready subsystems so you can concentrate on targeting your customer base and not stressing about the right mix and numbers of engineering talent needed to see your vision become reality. Contact us at http://www.bestronics.com *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. ------------------------------ *Recent Funding <#m_-7892907387241141329_m_-9052663598906693077_funding>* 5/30/19 Mission <http://www.socaltech.com/intelligence/?action=showdeal&id=97268> El Segundo $15.00 M 5/22/19 Locana <http://www.socaltech.com/intelligence/?action=showdeal&id=97225> San Diego $55.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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, Los Angeles -- *What is Culture Fit?* What is Culture Fit? by Los Angeles Cleantech Incubator. The traditional definition of culture fit is, "I'd want to be stuck in an airport with this person." There’s a natural tendency to associate with those like ourselves. What does this mean for members of the LGBTQ+ community? How do you get invited to the conversation while remaining true to yourself? How can organizations of all sizes build a strong culture that thrives on people from diverse backgrounds? When the largest number of jobs are placed through referrals, how do organizations make sure they don’t compromise their results by attracting more of the same? Join us for a panel discussion exploring the intersection of fit, diversity and results. See http://www.socaltech.com/calendar/eventid/26479 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 18, Santa Monica -- *Preccelerator Workshop: Financial Modeling for Startups w/ Eli Eisenberg* Financial Modeling for Startups Workshop In this workshop you will learn the following: The theory and purpose of a financial model in a pitch deck An approach to financial modeling that resonates with investors How to build the model. See http://www.socaltech.com/calendar/eventid/26483 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 June 20, Santa Monica -- *LA CEOs: Celebrity Endorsements - Paradigm* LA CEOs: Celebrity Endorsements - Paradigm. Join your CEO & CFO peers in our informative LA CEOs breakfast presentation led by Roger Wood - Partner Paradigm Talent Agency. This sponsor supported event is restricted to qualified CEOs & CFOs only. Confirmed RSVP required. No service providers will be admitted. See http://www.socaltech.com/calendar/eventid/26482 June 22, Burbank -- *AT&T SHAPE Conference* AT&T SHAPE Conference. Showcasing a number of interactive experiences, SHAPE 2019 will offer attendees exclusive experiences with the unprecedented responsiveness and speed of 5G. From the future of travel in an IoT-enabled Airstream Classic travel trailer that’s connected to AT&T’s 5G network to experiencing gaming on the latest 5G mobile devices to enjoying immersive entertainment with volumetric video capture and cutting-edge virtual reality content from Warner Bros, AT&T is offering something for everyone looking to learn more about the capabilities of AT&T 5G network. https://shape.att.com/. See http://www.socaltech.com/calendar/eventid/26476 June 23, Burbank -- *AT&T SHAPE Conference* AT&T SHAPE Conference. Showcasing a number of interactive experiences, SHAPE 2019 will offer attendees exclusive experiences with the unprecedented responsiveness and speed of 5G. From the future of travel in an IoT-enabled Airstream Classic travel trailer that’s connected to AT&T’s 5G network to experiencing gaming on the latest 5G mobile devices to enjoying immersive entertainment with volumetric video capture and cutting-edge virtual reality content from Warner Bros, AT&T is offering something for everyone looking to learn more about the capabilities of AT&T 5G network. https://shape.att.com/. See http://www.socaltech.com/calendar/eventid/26477 June 24, Irvine -- *UC Irvine Summer Academies in the Arts* UC Irvine Summer Academies in the Arts. UC Irvine's Claire Trevor School of the Arts presents Summer Academies in the Arts - college and career preparatory intensives in Art, Dance, Drama, Music and Technology for students ages 8-22 years old. Classes run through August 16, 2019. Scholarships and financial aid are available. See http://www.socaltech.com/calendar/eventid/26440 June 25, Santa Monica -- *Preccelerator Class 11 Demo Day* 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. See http://www.socaltech.com/calendar/eventid/26474 June 30, Woodland Hills -- *Chief Financial Officer and Human Resources Professionals Awards* Chief Financial Officer and Human Resources Professionals Awards. San Fernando Valley Business Journal. The San Fernando Valley Business Journal is proud to present the 2019 CFO and HR Professionals of the Year Awards. This year we have expanded the awards program to recognize the increasingly critical work done by Human Resources departments. Both CFOs and HR professionals serve as essential members of a company’s core leadership team, and we are pleased to recognize their contributions. See http://www.socaltech.com/calendar/eventid/26424 ------------------------------ *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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