*socaltech.com <http://socaltech.com> TechNews - Thursday, June 13, 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 * - Interview with Ilya Pozin, Cofounder of Pluto TV <#m_1067036913722150481_0078299> - Crowdstrike Surges In IPO Debut; CEO Kurtz Now A Billionaire <#m_1067036913722150481_0078303> - Spring Labs Finds $23M In Series A <#m_1067036913722150481_0078300> - CerraCap Ventures Gets Strategic Investment <#m_1067036913722150481_0078301> - Seed&Spark Adds Former Kickstarter Exec to Team <#m_1067036913722150481_0078302> - Uber Eats' Flying Delivery Coming To San Diego This Summer <#m_1067036913722150481_0078298> - Bird Acquires Scoot <#m_1067036913722150481_0078297> - Neighbor.com Launches Peer-to-Peer Self-Storage In LA <#m_1067036913722150481_0078295> - Tinder Agrees To Share Data With Russia <#m_1067036913722150481_0078294> - SpaceX Has Successful Launch Mission From West Coast <#m_1067036913722150481_0078293> *Marketplace* - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_1067036913722150481_ad749> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_1067036913722150481_ad752> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_1067036913722150481_ad741> - Preccelerator Class 11 Demo Day - June 25 <#m_1067036913722150481_ad751> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_1067036913722150481_ad717> *Thursday, June 13, 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 *Interview with Ilya Pozin, Cofounder of Pluto TV* <http://www.socaltech.com/fullstory/0078299.html> In January, Los Angeles-based Pluto TV (www.pluto.tv) was acquired by Viacom for $340M, one of the largest acquisition deals so far in the region this year. We caught up with Pluto TV's co-founder and Chief Growth Officer, Ilya Pozin, to hear about how the company started, and its path to acquisition—as well as to get some tips on startup success. Ilya also founded Coplex, a startup development studio. (More... <http://www.socaltech.com/fullstory/0078299.html>) *Crowdstrike Surges In IPO Debut; CEO Kurtz Now A Billionaire* <http://www.socaltech.com/fullstory/0078303.html> Crowdstrike, the cybersecurity software developer which was founded in Orange County, and which continues to have a healthy presence in Irvine, saw a huge surge in its IPO debut on Wednesday, making Crowdstrike CEO George Kurtz a billionaire. The company priced its IPO at $34.00 per share, well above its estimated initial IPO range of $28.00 to $30.00 per share, and opened up at $63.50 per share in its first trading on Wednesday morning. The company now is worth approximately $11. (More... <http://www.socaltech.com/fullstory/0078303.html>) *Spring Labs Finds $23M In Series A* <http://www.socaltech.com/fullstory/0078300.html> Los Angeles-based Spring Labs, a startup developing a blockchain-based platform for sharing of financial information, has raised $23M in a Series A funding. According to Spring Labs, the funding was led by GreatPoint Ventures, and also included August Capital, as well as General Motors Ventures, the corporate venture capital arm of General Motors, RRE Ventures, Galaxy Digital, Multicoin Capital, The Pritzker Group, and CardWorks. (More... <http://www.socaltech.com/fullstory/0078300.html>) *CerraCap Ventures Gets Strategic Investment* <http://www.socaltech.com/fullstory/0078301.html> Costa Mesa-based CerraCap Ventures, a venture capital firm which invests in early stage technology companies, announced this morning that it has received a strategic investment, from a unit of IIFL Wealth Management Limited (IIFL Wealth), a large Indian private wealth management company. The investment went into CerraCap's second fund, CerraCap Ventures Fund II. Size of the investment was not announced. (More... <http://www.socaltech.com/fullstory/0078301.html>) *Seed&Spark Adds Former Kickstarter Exec to Team* <http://www.socaltech.com/fullstory/0078302.html> Los Angeles-based Seed&Spark, a startup that operates an online, crowdfunding site for filmmakers and creators, has named former Kickstarter executive John Diamatos to its team. According to the startup--which focuses on films with a theme of diversity and inclusion--said that Dimatos was previously head of design and technology verticals at Kickstarter. ( More... <http://www.socaltech.com/fullstory/0078302.html>) *Uber Eats' Flying Delivery Coming To San Diego This Summer* <http://www.socaltech.com/fullstory/0078298.html> San Diego is about to become the first city in the nation to get food delivered, via airborne drone delivery, thanks to a test deployment by Uber Eats, Uber said on Wednesday. Uber announced the effort to test drone deliveries in San Diego at its Uber Elevate summit in Washington, D.C. ( More... <http://www.socaltech.com/fullstory/0078298.html>) *Bird Acquires Scoot* <http://www.socaltech.com/fullstory/0078297.html> Santa Monica-based Bird announced on Wednesday that it has acquired Scoot, a San Francisco-based scooter service--giving Bird entry back into the San Francisco market, and also helping Bird scale out its operations. Financial details of the acquisition were not announced. According to Bird, Scoot will operate as a wholly owned subsidiary of the company, and also help Bird offer more vehicles featuring the latest technology advancements for the sharing market. (More... <http://www.socaltech.com/fullstory/0078297.html>) *Neighbor.com Launches Peer-to-Peer Self-Storage In LA* <http://www.socaltech.com/fullstory/0078295.html> Need some place to store your extra stuff, but don't want to pay for self storage? A new startup, Neighbor.com, said Wednesday morning that it has launched a new service in Los Angeles, which will let users share empty space in their garage with their neighbors. (More... <http://www.socaltech.com/fullstory/0078295.html>) *Tinder Agrees To Share Data With Russia* <http://www.socaltech.com/fullstory/0078294.html> Los Angeles-based dating app developer Tinder has agreed to store data for its Russian users in Russia--and also allow the Russian government and intelligence agencies with that data, as part of an effort by the government there to force more tech companies to share data. According to a report in Wired, Tinder was added by Russian communications censor Roskomnadzor to a list of 175 other companies who have agreed to share data with Russia. (More... <http://www.socaltech.com/fullstory/0078294.html>) *SpaceX Has Successful Launch Mission From West Coast* <http://www.socaltech.com/fullstory/0078293.html> Hawthorne, California-based SpaceX successfully launched a mission from Vandenberg Air Force Base, just north of Santa Barbara, on Tuesday morning, and also successfully landed the first stage of the Falcon 9 on base--only the second time SpaceX has landed the first stage of a Falcon 9 on land on the west coast. The launch--which occurred at 7:17 a.m. (More... <http://www.socaltech.com/fullstory/0078293.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 *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 *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: j...@collective-genius.com Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - www.collective-genius.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 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact i...@siliconmaps.com for more information and mention Socal Tech for special industry rates. ------------------------------ *Recent Funding <#m_1067036913722150481_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 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 DroneBase, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96587> Los Angeles $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 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. 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