*socaltech.com <http://socaltech.com> TechNews - Wednesday, July 24, 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 * - Bryant Stibel Backs Tile In New Funding <#m_4740445812760348388_0078535> - SpaceX To Attempt 18th Resupply Mission To ISS Today <#m_4740445812760348388_0078534> - Snap Sees Daily Active Users Increase In Q2 <#m_4740445812760348388_0078531> - Newegg Expands Bitcoin Payment Support <#m_4740445812760348388_0078532> - Teledyne Expands Board Of Directors <#m_4740445812760348388_0078533> - ABL Space Systems Finds Funding From Lockheed Martin <#m_4740445812760348388_0078525> - HireAHelper Acquired By Porch <#m_4740445812760348388_0078523> *Marketplace* - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_4740445812760348388_ad749> - Become a Socaltech Supporter! <#m_4740445812760348388_ad724> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#m_4740445812760348388_ad753> - BDO - Southern California Technology Industry Team <#m_4740445812760348388_ad737> - Stubbs Alderton & Markiles Preccelerator <#m_4740445812760348388_ad694> *Wednesday, July 24, 2019* *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 *Bryant Stibel Backs Tile In New Funding* <http://www.socaltech.com/fullstory/0078535.html> Bryant Stibel, the Los Angeles area venture capital investment firm of Kobe Bryant and Jeff Stibel, has backed item tracking startup Tile in a new, $45M funding round. The growth equity funding was led by Francisco Partners, and also included GGV Capital, Bessemer Venture Partners, plus new investors Bryan Stibel and SVB Financial Group. Tile is best known for its wireless-enabled tags which allow users to track all kinds of items, from their keys, wallet, luggage, and anything else. (More... <http://www.socaltech.com/fullstory/0078535.html>) *SpaceX To Attempt 18th Resupply Mission To ISS Today* <http://www.socaltech.com/fullstory/0078534.html> Hawthorne-based SpaceX is planning to launch another resupply rocket to the International Space Station (ISS) today--its eighteenth--in a launch from Cape Canaveral Air Force Station in Florida, later this evening. According to SpaceX, its eighteenth Commercial Resupply Services mission (CRS-18) is targeted for launch at 6:24 p.m. EDT, from Space Launch Complex 40 (SLC-40). (More... <http://www.socaltech.com/fullstory/0078534.html>) *Snap Sees Daily Active Users Increase In Q2* <http://www.socaltech.com/fullstory/0078531.html> Santa Monica-based *Snap Inc. <http://www.snap.com>*, the parent company of *Snapchat <http://www.snapchat.com>*, says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results . Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter.(More... <http://www.socaltech.com/fullstory/0078531.html>) *Newegg Expands Bitcoin Payment Support* <http://www.socaltech.com/fullstory/0078532.html> Los Angeles-based online retailer Newegg is extending its support for Bitcoin payments, saying this morning that it wil begin accepting Bitcoin in an additional 73 countries. The company said the expansion means that Newegg customers can pay with Bitcoin across nearly all of the countries that it serves. The electronics retailer said the addition of the new countries comes thanks to an expansion of a collaboration it has with BitPay, a provider of Bitcoin payment services. (More... <http://www.socaltech.com/fullstory/0078532.html>) *Teledyne Expands Board Of Directors* <http://www.socaltech.com/fullstory/0078533.html> Thousand Oaks-based Teledyne Technologies said on Tuesday afternoon that it has expanded its board of directors, and has added Denise R. Cade to its board. Cade is Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation. According to Teledyne, the addition of Cade brings its number of board members to 11. (More... <http://www.socaltech.com/fullstory/0078533.html>) *ABL Space Systems Finds Funding From Lockheed Martin* <http://www.socaltech.com/fullstory/0078525.html> El Segundo-based ABL Space Systems, which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. According to ABL Space Systems, the financing will go to advance its development and test program, including a planned integrated stage test in the second half of 2019. The company is hoping to launch its first rocket sometime in 2020. (More... <http://www.socaltech.com/fullstory/0078525.html>) *HireAHelper Acquired By Porch* <http://www.socaltech.com/fullstory/0078523.html> San Diego-based HireAHelper.com, which operates a marketplace which lets people find and compare moving services providers, has been acquired by Seattle-based home repair and improvement marketplace Porch. Financial details of the acquisition were not announced. According to Porch, the acquisition will help strengthen its offering in the moving services industry. (More... <http://www.socaltech.com/fullstory/0078523.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 *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact b...@socaltech.com for details. *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 *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 *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/ ------------------------------ *Recent Funding <#m_4740445812760348388_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 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 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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