*socaltech.com <http://socaltech.com> TechNews - Monday, July 22, 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 * - Interview with Matt Kozlov, Techstars Space Accelerator <#m_3315083849666027255_0078514> - LA's Fifth Wall Ventures Finds $503M For Real Estate Technology Fund <#m_3315083849666027255_0078517> - Corent Technology Expands Efforts In Europe <#m_3315083849666027255_0078515> - German Team Wins SpaceX Hyperloop Pod Competition <#m_3315083849666027255_0078518> - Skyworks Launches New 5G Components <#m_3315083849666027255_0078516> - Virgin Orbit Signs Satellite Launch Deal With UK's RAF <#m_3315083849666027255_0078513> - Video Interview: Brainleap's Software To Help Treat ADHD and Autism <#m_3315083849666027255_0078512> - CARLSMED Merges With Precisive Surgical <#m_3315083849666027255_0078511> - ZEFR Sells Rights Management Assets To Vobile For $90M <#m_3315083849666027255_0078509> - Fair Offers Payment Credits To Uber Pro Drivers <#m_3315083849666027255_0078508> *Marketplace* - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_3315083849666027255_ad596> - Stradling <#m_3315083849666027255_ad608> - Stubbs Alderton & Markiles Preccelerator <#m_3315083849666027255_ad694> - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_3315083849666027255_ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#m_3315083849666027255_ad750> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_3315083849666027255_ad753> *Monday, July 22, 2019* *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 *Interview with Matt Kozlov, Techstars Space Accelerator* <http://www.socaltech.com/fullstory/0078514.html> This morning's interview is with Matt Kozlov, the Managing Director of the new Techstars Starburst Space Accelerator, which just got started in Los Angeles. The Techstars Starburst Space Accelerator just announced ten companies that have joined its program last week. (More... <http://www.socaltech.com/fullstory/0078514.html>) *LA's Fifth Wall Ventures Finds $503M For Real Estate Technology Fund* <http://www.socaltech.com/fullstory/0078517.html> Los Angeles-based Fifth Wall Ventures, an investor in real estate-related technology, says it has raised $503M for its second fund, Fifth Wall Ventures II. The fund--which has been raising the fund since June of 2018--makes invests in companies related to real estate, and its LPs include a large number of real estate owners, operators, and developers. The firm is led by Brendan Wallace, Grade Greiwe, and Andriy Mykhaylovskyy. (More... <http://www.socaltech.com/fullstory/0078517.html>) *Corent Technology Expands Efforts In Europe* <http://www.socaltech.com/fullstory/0078515.html> Aliso Viejo-based Corent Technology, which develops cloud migration technology, is expanding its efforts in Europe, saying this morning that it has partnered with UniSystems, a provider of services in the European market. Financial details of the cooperation agreement were not announced. According to the two companies, the two are working together on cloud migration to Microsoft Azure. Corent's software helps companies move traditional software applications into the cloud. (More... <http://www.socaltech.com/fullstory/0078515.html>) *German Team Wins SpaceX Hyperloop Pod Competition* <http://www.socaltech.com/fullstory/0078518.html> A German team has won the fourth annual SpaceX Hyperloop Pod Competition on Sunday, taking its pod up to 288 mph (463 km/h), as SpaceX continues to push development of technology for the high tech, futuristic transportation technology cooked up by Elon Musk. The German team, from the Technical University of Munich (TUM), was also a previous winner in the Hyperloop Pod Competition, and came close to that record speed last year. (More... <http://www.socaltech.com/fullstory/0078518.html>) *Skyworks Launches New 5G Components* <http://www.socaltech.com/fullstory/0078516.html> Irvine-based semiconductor developer Skyworks Solutions said this morning that it is expanding its lineup of products for the 5G wireless market. According to Skyworks, it has just added a new family of high efficiency amplifiers, switch LNAs, compact circulators and isolators, plus products for the sub-6 GHz and millimeter wave frequencies, all aimed at use in 5G base stations. The company said those devices are designed for use in macro base stations and other applications. (More... <http://www.socaltech.com/fullstory/0078516.html>) *Virgin Orbit Signs Satellite Launch Deal With UK's RAF* <http://www.socaltech.com/fullstory/0078513.html> Long Beach-based Virgin Orbit, the satellite launch startup backed by Richard Branson, said on Friday that it has been selected by the UK's Royal Air Force, to launch satellites for a project called Team ARTEMIS. Financial details of the launch deal were not announced. Virgin Orbit--which only recently completed "drop" tests for its aircraft--is planning to use a modified 747 to deliver rockets up to a high altitude, and then release those rockets for delivery into space. (More... <http://www.socaltech.com/fullstory/0078513.html>) *Video Interview: Brainleap's Software To Help Treat ADHD and Autism* <http://www.socaltech.com/fullstory/0078512.html> Welcome to socaltech interviews, where we talk to the startup entrepreneurs, investors, and others in Southern California's technology industry. Today, we talk with Jeff Coleman, the CEo and co-founder of BrainLeap technologies , a software company focused on using games to improve the attention skils of individuals with autism and ADHD. (More... <http://www.socaltech.com/fullstory/0078512.html>) *CARLSMED Merges With Precisive Surgical* <http://www.socaltech.com/fullstory/0078511.html> San Diego-based medical technology startup CARLSMED has merged with Seattle-based Precisive Surgical, the two said this week, to combine their efforts to develop a personalized surgical workflow platform for spine deformity intervention. Financial terms of the acquisition were not announced. CARLSMED is part of the EvoNexus technology incubator; Precisive Surgical is a spinout from IntuitiveX, a life sciences technology incubator. (More... <http://www.socaltech.com/fullstory/0078511.html>) *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>) *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] *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/ *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] *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. [email protected] www.socalip.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: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - collective-genius.com ------------------------------ *Recent Funding <#m_3315083849666027255_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 23, Santa Monica -- *Fundraising Basics: How to Understand and Negotiate a Term Sheet with Caroline Cherkassky and Kelly Laffey* Fundraising Basics: How to Understand and Negotiate a Term Sheet with Caroline Cherkassky and Kelly Laffey. Topics that will be covered include: Type of financing: convertible notes vs SAFEs vs priced equity rounds Convertible notes and SAFEs: caps, discounts, and other key terms Priced equity rounds: economic provisions, voting rights, and other key terms. See http://www.socaltech.com/calendar/eventid/26500 July 23, Venice -- *Blockchain & Advertising: State of the Industry* Blockchain & Advertising: State of the Industry. It's been a few years since the initial fan-fare around blockchain for advertising and marketing-based solutions. What started as a topic that agencies and brands were largely clueless about has evolved into one that major players are investing in and providers are rolling out real solutions and case studies. And what about Facebook jumping into the crypto mix? Join this esteemed panel for a discussion about the state of blockchain in the advertising-marketing industry, current hurdles, and the opportunities ahead. See http://www.socaltech.com/calendar/eventid/26506 July 25, Los Angeles -- *Growth Capital Conference* Pitch to & Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital & counsel. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp. 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* 16th Annual ERA Summer Social & Electro-Tech Table Top Show. 16th Annual electronics industry (Reps/Distributors/OEM's, CM's, etc) Summer Social - this year we are adding a mini table top show starting at 2:45 in an effort to get attendees to show up a bit early to see the latest & greatest products on display. Then stay and enjoy cold beverages and appetizers on a beautiful summer evening on the patio. See http://www.socaltech.com/calendar/eventid/26502 August 13, Santa Monica -- *Preccelerator Workshop: Priced to Grow - Building for Sustainable Growth* Preccelerator Workshop: Priced to Grow - Building for Sustainable Growth. Join our session to challenge perceptions of pricing - what it is and is not - and begin laying the groundwork to integrate pricing into your company's growth strategy that drives sustainable business goals. 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* Data Con LA 2019. Data Con LA, formerly known as Big Data Day LA, is the largest data conference of its kind in Southern California. Spearheaded by Subash D’Souza, and organized and supported by a community of volunteers, sponsors, and speakers, Data Con LA features the most vibrant gathering of data and technology enthusiasts in Los Angeles. DCLA started in 2013 with over 250 attendees, and has grown over the years with 550+ attendees in 2014, 950+ in 2015, 1250+ in 2016, 1550+ in 2017 and 1800+ in 2018. We expect over 2000 attendees this year. Data Con LA sessions typically cover the most in-demand topics of the day in areas such as Data, AI/ ML/ Data Science, Emerging Tech, Visualizations/ UI/ Use Cases, Infrastructure & Security. See http://www.socaltech.com/calendar/eventid/26510 August 20, Santa Monica -- *Preccelerator Workshop: UX Primer for Entrepreneurs w/ Rich Abronson* Preccelerator Workshop: UX Primer for Entrepreneurs w/ Rich Abronson. This session will discuss: What UX is (and isn't) and why it's important UX costs and how to incorporate it into your strategy The UX process including brainstorming, feature prioritization, and usability testing. See http://www.socaltech.com/calendar/eventid/26509 ------------------------------ *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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