*socaltech.com <http://socaltech.com> TechNews - Wednesday, June 19, 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 * - How ProGuides Is Helping Gamers Master Their Game, With Sam Wang <#m_6502025099112210827_0078329> - BigRentz To Provide $10,000 In Scholarships To Trade Schools Students <#m_6502025099112210827_0078332> - Coding Our Future LA Sends 200 South LA Students To Tech Camps <#m_6502025099112210827_0078333> - ZeaKal Finds $10M For Plant Genetics <#m_6502025099112210827_0078330> - Clearlake Capital Buys Dude Solutions <#m_6502025099112210827_0078331> - SendGrid's Original Seed Round Pitch Deck <#m_6502025099112210827_0078328> - AngelList: LA Losing New Technology Grads <#m_6502025099112210827_0078326> - Elevate Finds $25M For Legal Management Software <#m_6502025099112210827_0078325> - ERP Power Buys Lumenetix <#m_6502025099112210827_0078321> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_6502025099112210827_ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#m_6502025099112210827_ad750> - BDO - Southern California Technology Industry Team <#m_6502025099112210827_ad737> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_6502025099112210827_ad596> *Wednesday, June 19, 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 *How ProGuides Is Helping Gamers Master Their Game, With Sam Wang* <http://www.socaltech.com/fullstory/0078329.html> If you're an avid video game player, how to you improve your game? Once you've exhausted looking online for tips, Los Angeles-based ProGuides ( www.proguides.com) offers up professional, instructional content to help you improve your skills at such popular titles as League of Legends, Hearthstone, and Fortnite. (More... <http://www.socaltech.com/fullstory/0078329.html>) *BigRentz To Provide $10,000 In Scholarships To Trade Schools Students* <http://www.socaltech.com/fullstory/0078332.html> Irvine-based online equipment rental marketplace BigRentz announced this morning that it has launched a $10,000 scholarship effort, where it will provide two students with $5,000 scholarships to cover educational expenses towards attending a vocational trade school. According to BigRentz, the new scholarship is available to high school seniors planning on vocational training and students currently enrolled in a trade school. (More... <http://www.socaltech.com/fullstory/0078332.html>) *Coding Our Future LA Sends 200 South LA Students To Tech Camps* <http://www.socaltech.com/fullstory/0078333.html> A new, philanthropic education effort--Coding Our Future LA--announced on Tuesday that it is sending 200, South LA students to summertime "tech camps", as part of a philanthropic and educational effort to increase opportunities for underserved youth in the technology space. (More... <http://www.socaltech.com/fullstory/0078333.html>) *ZeaKal Finds $10M For Plant Genetics* <http://www.socaltech.com/fullstory/0078330.html> San Diego-based ZeaKal>, a startup developing plant genetics technology to increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops, has raised $10M in a funding round, which came from investor Canopy Rivers. According to Canopy Rivers, which announced the investment, it now owns approximately 8.7 percent of ZeaKal. As part of the funding, it will take an observer seat on ZeaKal's board of directors. (More... <http://www.socaltech.com/fullstory/0078330.html>) *Clearlake Capital Buys Dude Solutions* <http://www.socaltech.com/fullstory/0078331.html> Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions, a developer of operations management software, which was based in Cary, North Carolina. Financial details of the acquisition were not annoucned. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. (More... <http://www.socaltech.com/fullstory/0078331.html>) *SendGrid's Original Seed Round Pitch Deck* <http://www.socaltech.com/fullstory/0078328.html> Ever wonder what the origins were of some of the most successful local startups? Look no further than the seed round pitch deck for SendGrid, one of the biggest exits of a company founded in Orange County in recent years. SendGrid had a successful IPO in 2017, and was acquired for $3 billion in February. One of the company's co-founders, Isaac Saldana, helped co-found the company in Anaheim. (More... <http://www.socaltech.com/fullstory/0078328.html>) *AngelList: LA Losing New Technology Grads* <http://www.socaltech.com/fullstory/0078326.html> A new report, published by startup networking organization AngelList, says that Los Angeles is losing out to such areas as the Bay Area and New York, because of failure to offer up training to newly graduating engineering graduates. According to AngelList, 72 percent of LA's engineering graduates leave the area for their first jobs--which the group attributes to a lack of recruiting of junior level engineers at local startups and high tech companies. (More... <http://www.socaltech.com/fullstory/0078326.html>) *Elevate Finds $25M For Legal Management Software* <http://www.socaltech.com/fullstory/0078325.html> Los Angeles-based Elevate Services, a developer of enterprise, legal management software, has received $25M in an investment round, from private equity investor Kayne Partners, according to the two companies. According to Elevate, it has now deployed almost $60M in total for its efforts. Elevate said it will use the new, minority investment to scale its operations and to enhance its software. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=60649>)( More... <http://www.socaltech.com/fullstory/0078325.html>) *ERP Power Buys Lumenetix* <http://www.socaltech.com/fullstory/0078321.html> Moorpark-based ERP Power, a manufacturer of power electronics for the LED lighting market, has acquired Lumenetix, a manufacturer of tunable color light engines for the lighting market. Financial details of the acquisition were not announced. ERP Power--which is owned by private equity investor Angeles Equity Partners--said the move will help simplify integration by original equipment manufacturers, providing integrated driver, light engine, and digital controls. (More... <http://www.socaltech.com/fullstory/0078321.html>) *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 *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 *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 ------------------------------ *Recent Funding <#m_6502025099112210827_funding>* 6/18/19 Elevate Services <http://www.socaltech.com/intelligence/?action=showdeal&id=97508> Los Angeles $25.00 M 6/14/19 Sunbit, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=97477> Los Angeles $26.00 M 6/13/19 CreatorIQ <http://www.socaltech.com/intelligence/?action=showdeal&id=97476> Culver City $12.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 22, Encino -- *First Time Entrepreneur Workshop 6/22/19* *NEW* . See http://www.socaltech.com/calendar/eventid/26484 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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