*socaltech.com <http://socaltech.com> TechNews - Friday, July 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. ------------------------------ *Headlines * - ZEFR Sells Rights Management Assets To Vobile For $90M <#m_5524999877342712317_0078509> - Fair Offers Payment Credits To Uber Pro Drivers <#m_5524999877342712317_0078508> - VARRAM Launches Robot To Play With Your Dog, Cat When You Are Away <#m_5524999877342712317_0078510> - HyreCar Raises $10.5M In Public Offering <#m_5524999877342712317_0078506> - CoreLogic: Between $500M and $900M In Losses From Hurricane Barry <#m_5524999877342712317_0078507> - Kumquat Biosciences Finds $47.0M <#m_5524999877342712317_0078505> - ViaSat Wins $49.3M In IP Lawsuit <#m_5524999877342712317_0078504> *Marketplace* - Stradling <#m_5524999877342712317_ad608> - Stubbs Alderton & Markiles Preccelerator <#m_5524999877342712317_ad694> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_5524999877342712317_ad753> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_5524999877342712317_ad752> - BDO - Southern California Technology Industry Team <#m_5524999877342712317_ad737> *Friday, July 19, 2019* *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* 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 [email protected] *ZEFR Sells Rights Management Assets To Vobile For $90M* <http://www.socaltech.com/fullstory/0078509.html> Los Angeles-based ZEFR has sold its rights management and content-flagging assets--RightsID and ChannelID--to Vobile Group, a provider of video content protection, measurement, and monetization, in a deal worth $90M, the two companies annoucned late Thursday. According to Vobile, it will open up a new office in Los Angeles as a result of the acquisition, with approximately 100 employees. Vobile said ZEFR's businesses produced over $40M in recurring, profitable revenue in 2018. (More... <http://www.socaltech.com/fullstory/0078509.html>) *Fair Offers Payment Credits To Uber Pro Drivers* <http://www.socaltech.com/fullstory/0078508.html> Santa Monica-based Fair, the automotive startup which offers up subscription-based access to vehicles with much more flexibility than a traditional lease, is expanding its partnership with Uber, saying that eligible "Uber Pro" drivers can earn "Fair Credits" to help cover their weekly Fair vehicle payments. Uber Pro is Uber's program for rewarding the most consistent and higher rated drivers on its platform. (More... <http://www.socaltech.com/fullstory/0078508.html>) *VARRAM Launches Robot To Play With Your Dog, Cat When You Are Away* <http://www.socaltech.com/fullstory/0078510.html> Too busy at work to spend time with your dog or cat? Does your dog get separation anxiety? Maybe a robot can help--at least, that's the thought of Los Angeles-based VARRAM, which announced this week that it has launched a "pet fitness robot". Varram said its robot is "specially designed to keep dogs and cats mentally and physically engaged", by automatically interacting with your pets while you are away. (More... <http://www.socaltech.com/fullstory/0078510.html>) *HyreCar Raises $10.5M In Public Offering* <http://www.socaltech.com/fullstory/0078506.html> Los Angeles-based HyreCar, a publicly listed, carsharing marketplace operator (Nasdaq: HYRE), says it has priced an offering of 3.5M shares of its common stock, at $3.00 per share. The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform. HyreCar operates a car sharing marketplace which connects ride sharing drivers with fleet operators. (More... <http://www.socaltech.com/fullstory/0078506.html>) *CoreLogic: Between $500M and $900M In Losses From Hurricane Barry* <http://www.socaltech.com/fullstory/0078507.html> Irvine-based CoreLogic, a provider of property information and data analytics, says that it estimates a total of between $500M and $900M in losses from Hurricane Barry, including both residential and commercial flood and wind losses. (More... <http://www.socaltech.com/fullstory/0078507.html>) *Kumquat Biosciences Finds $47.0M* <http://www.socaltech.com/fullstory/0078505.html> San Diego-based Kumquat Biosciences, a new, stealth-mode biotechnology startup, has raised $47.0M in what appears to be the company's first funding round, with a target of $55M for the equity funding, according to a regulatory filing from the firm this week. No details on the funding have been announced by the company, which appears to not yet have a website. The company lists its CEO as Yi Liu, who is the Chief Scientific Officer for Wellspring Scientific. (More... <http://www.socaltech.com/fullstory/0078505.html>) *ViaSat Wins $49.3M In IP Lawsuit* <http://www.socaltech.com/fullstory/0078504.html> Carlsbad-based ViaSat, which develops satellite communications and other wireless networking technology, has been awarded $49.3M in a lawsuit against Acacia Communications. ViaSat said the award came from a jury in the Superior Court for San Diego County, after that jury found that Acacia Communications had violated intellectual property law by misusing Viasat's proprietary technology. (More... <http://www.socaltech.com/fullstory/0078504.html>) *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a href="http://www.sycr.com";>http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. *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/ *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: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - 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 *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 ------------------------------ *Recent Funding <#m_5524999877342712317_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 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=96995> Santa Monica $1.60 M 5/07/19 INDOSE INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=96994> Woodland Hills $3.50 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 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 23, Santa Monica -- *Fundraising Basics: How to Understand and Negotiate a Term Sheet with Caroline Cherkassky and Kelly Laffey* *NEW* . See http://www.socaltech.com/calendar/eventid/26500 July 23, Venice -- *Blockchain & Advertising: State of the Industry* *NEW* . See http://www.socaltech.com/calendar/eventid/26506 July 25, Los Angeles -- *Growth Capital Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26495 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 August 8, Calabasas -- *16th Annual ERA Summer Social & Electro-Tech Table Top Show* *NEW* . See http://www.socaltech.com/calendar/eventid/26502 August 13, Santa Monica -- *Preccelerator Workshop: Priced to Grow - Building for Sustainable Growth* *NEW* . See http://www.socaltech.com/calendar/eventid/26507 August 15, Los Angeles -- *10th Annual Women in Green Forum – Posting on Events Calendar* 10th Annual Women in Green Forum. 10th Annual Women in Green Forum The Women In Green Forum has emerged as the premier conference series highlighting women’s impact on the environmental industry. Now celebrating its 10th year, the Women In Green Forum (WIGF) is the largest conference of its kind and attracts an international audience of environmental professionals. Each year, we convene sustainability trailblazers who share insights about the newest and most cutting-edge environmental innovations. The 2019 WIGF program is built around the theme “A Decade of Impact” to highlight the Forum’s 10th anniversary celebration. Speakers will explore on the advances made in the environmental movement over the last decade and the innovations on the horizon for the coming decade.. See http://www.socaltech.com/calendar/eventid/26447 August 17, Los Angeles -- *Data Con LA 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26510 ------------------------------ *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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
