*socaltech.com <http://socaltech.com> TechNews - Monday, July 15, 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. ------------------------------ *Headlines * - Wondery Adds $10M For Podcasting Network <#m_1157243802786641155_0078472> - j2 Global Buys Two New Companies In Q2 <#m_1157243802786641155_0078470> - Amgen Abandons Alzheimer's Prevention Study <#m_1157243802786641155_0078471> - Bird's CEO Attacks Report On Losses, Profitability <#m_1157243802786641155_0078469> - Centercode Finds $4M In Ongoing Funding <#m_1157243802786641155_0078468> *Marketplace* - BDO - Southern California Technology Industry Team <#m_1157243802786641155_ad737> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_1157243802786641155_ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#m_1157243802786641155_ad750> - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_1157243802786641155_ad749> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_1157243802786641155_ad753> - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_1157243802786641155_ad749> *Monday, July 15, 2019* *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/ *Wondery Adds $10M For Podcasting Network* <http://www.socaltech.com/fullstory/0078472.html> Los Angeles-based podcasting publisher Wondery has added $10M in its Series B funding, the company said earlier this month. The funding was led by Waverley Capital, a new investor in the company, and also included Lerer Hippeau, Greycroft, BDMI, Advancit and Water Tower Ventures, plus Powerhouse Ventures. As part of the funding, the company said it has added Declan Moore as Head of International; Moore was the former CEO of National Geographic Partners. Wondery's podcast lineup includes Dr. (More... <http://www.socaltech.com/fullstory/0078472.html>) *j2 Global Buys Two New Companies In Q2* <http://www.socaltech.com/fullstory/0078470.html> Los Angeles-based Internet information and services company j2 Global--one of Southern California's largest yet most unknown technology companies--said this morning that it has acquired two more companies. j2 Global, which owns such brands as IGN, Mashable, PCMag, Everyday Health in the online publishing space as well as eFax, eVoice, and Livedrive in the cloud services space, said it has acquired Idea First Technologies and Highwinds Capital and Cloak Holdings. (More... <http://www.socaltech.com/fullstory/0078470.html>) *Amgen Abandons Alzheimer's Prevention Study* <http://www.socaltech.com/fullstory/0078471.html> Thousand Oaks-based Amgen, along with partners Novartis and the Banner Alzheimer's Institute, said late last week that they are discontinuing a clinical research program, which had focused on Alzheimer's prevention. According to the three, the study of BACE1 inhibitor CNP520 was discontinued, after they concluded the potential benefit for participants in the studies did not outweigh the risk. (More... <http://www.socaltech.com/fullstory/0078471.html>) *Bird's CEO Attacks Report On Losses, Profitability* <http://www.socaltech.com/fullstory/0078469.html> The CEO of Santa Monica-based Bird has gone on the offensive, following a report that said the company was seeking $300M and making only around $15M in yearly revenues. In a series of tweets, VanderZanden called the report from The Information "(fake) news" and referred to the site as "DisInformation" and claimed Bird is making $1.75 on every ride on the new Bird Zero scooters, which it says are now 75 percent of its fleet. (More... <http://www.socaltech.com/fullstory/0078469.html>) *Centercode Finds $4M In Ongoing Funding* <http://www.socaltech.com/fullstory/0078468.html> Laguna Hills-based Centercode, a developer of software used for managing product and customer testing efforts, has raised $4M as part of an ongoing, $6M funding round, according to a regulatory filing by the company this week. Details on the funding have not yet been announced. The funding appears to include Parallax Capital Partners, FTV Capital, and HGGC, among others, with Richard Campbell of Parallax, James Hale of FTV, and Richard White of HGGC sitting on the company's board of directors. (More... <http://www.socaltech.com/fullstory/0078468.html>) *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 *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 *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 *Facilitated Off-Site Planning for Growth Companies and Venture Firms <http://www.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 - collective-genius.com *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 ------------------------------ *Recent Funding <#m_1157243802786641155_funding>* 6/24/19 AFYX Therapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=97538> San Diego $13.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 17, El Segundo -- *El Segundo Tech & Aerospace Networking* El Segundo Tech & Aerospace Networking @ Smoky Hollow Tasting & Taproom. Join us for South Bay Tech & Aerospace Happy Hour in Hermosa Beach! We are building Aerospace and Tech community in the South Bay. See http://www.socaltech.com/calendar/eventid/26490 July 18, Los Angeles -- *So what's this app called TikTok?* All about TikTok. Startup Coil. Do you know that the team behind its success works in your own backyard? Learn more about the TikTok team, our app, and how short-form vertical videos are changing the content ecosystem through a cross-functional panel of members of the TikTok team. See http://www.socaltech.com/calendar/eventid/26492 July 20, Venice -- *Tech in the Sun: Summer Networking Party* Tech in the Sun: Summer Networking Party. StartOut LA and Podshare present "Tech in the Sun: Summer Networking Party" a intergenerational networking event for new and seasoned entrepreneurs. Join us for our summer networking party as we help both new and seasoned entrepreneurs build business relationships in the Los Angeles Technology Ecosystem. You won't want to miss. See http://www.socaltech.com/calendar/eventid/26489 July 26, Santa Monica -- *Startup Weekend Girl Scouts of Greater Los Angeles* Startup Weekend Girl Scouts of Greater Los Angeles. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product. Girls will pitch ideas, form teams around the top ideas, research their customers, and work intensely as teams to build a prototype that demonstrates the potential of their business. The event culminates in a “SHARK TANK” style pitch competition where teams present their business and demonstrate their prototype to a panel of judges. Experience the highs, lows, fun, and pressure that make up life at a startup. As you learn how to create a real company, you'll meet and network with the very best mentors, investors, co-founders, and sponsors who are ready to help you get started. . See http://www.socaltech.com/calendar/eventid/26486 July 27, Santa Monica -- *Startup Weekend Girl Scouts of Greater Los Angeles* Startup Weekend Girl Scouts of Greater Los Angeles. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product. Girls will pitch ideas, form teams around the top ideas, research their customers, and work intensely as teams to build a prototype that demonstrates the potential of their business. The event culminates in a “SHARK TANK” style pitch competition where teams present their business and demonstrate their prototype to a panel of judges. Experience the highs, lows, fun, and pressure that make up life at a startup. As you learn how to create a real company, you'll meet and network with the very best mentors, investors, co-founders, and sponsors who are ready to help you get started. . See http://www.socaltech.com/calendar/eventid/26487 July 28, Santa Monica -- *Startup Weekend Girl Scouts of Greater Los Angeles* Startup Weekend Girl Scouts of Greater Los Angeles. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product. Girls will pitch ideas, form teams around the top ideas, research their customers, and work intensely as teams to build a prototype that demonstrates the potential of their business. The event culminates in a “SHARK TANK” style pitch competition where teams present their business and demonstrate their prototype to a panel of judges. Experience the highs, lows, fun, and pressure that make up life at a startup. As you learn how to create a real company, you'll meet and network with the very best mentors, investors, co-founders, and sponsors who are ready to help you get started. . See http://www.socaltech.com/calendar/eventid/26488 ------------------------------ *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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