*socaltech.com <http://socaltech.com> TechNews - Friday, August 2, 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 * - IKEA Starts Selling Sonos Speakers <#m_8722878749804357469_0078593> - Report: Amazon's Ring Collecting 911 Data <#m_8722878749804357469_0078592> - CerraCap Ventures Gets Investment From Mexico Ventures <#m_8722878749804357469_0078591> - Causecast Acquired By America's Charities <#m_8722878749804357469_0078589> - DTS Powers New ASUS ROG II Phone <#m_8722878749804357469_0078590> - ServiceTitan Buys CUC Software <#m_8722878749804357469_0078587> - Resource Global Professionals Acquires Veracity Consulting For $30.6M <#m_8722878749804357469_0078586> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_8722878749804357469_ad752> - Pacific Western Bank, Venture Banking Group – Brian Weber <#m_8722878749804357469_ad749> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#m_8722878749804357469_ad752> - BDO - Southern California Technology Industry Team <#m_8722878749804357469_ad737> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_8722878749804357469_ad717> - Stubbs Alderton & Markiles Preccelerator <#m_8722878749804357469_ad694> - Stradling <#m_8722878749804357469_ad608> *Friday, August 2, 2019* *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 *IKEA Starts Selling Sonos Speakers* <http://www.socaltech.com/fullstory/0078593.html> IKEA has started selling a new line of speakers it devleoped in conjunction with Santa Barbara-based Sonos this week, including an oddly shaped, dual "speaker lamp", the SYMFONISK. According to IKEA, the new lamp is the "best sounding lamp in the world" and combines both a smart, Wi-Fi speaker and a light. IKEA also rolled out a combination speaker-and-shelf and other speaker products. (More... <http://www.socaltech.com/fullstory/0078593.html> ) *Report: Amazon's Ring Collecting 911 Data* <http://www.socaltech.com/fullstory/0078592.html> Santa Monica-based Ring, the surveillance doorbell network which is now owned by Amazon, is now looking to collect and aggregate real-time, 911 call information, according to a report from Gizmodo. According to the report, the 911 information is being pushed to nearby Ring users as "crime news". (More... <http://www.socaltech.com/fullstory/0078592.html>) *CerraCap Ventures Gets Investment From Mexico Ventures* <http://www.socaltech.com/fullstory/0078591.html> C (More... <http://www.socaltech.com/fullstory/0078591.html>) *Causecast Acquired By America's Charities* <http://www.socaltech.com/fullstory/0078589.html> Burbank-based Causecast, which developed an online platform to help employers increase employee engagement with charitable causes, has been acquired by America's Charities, a nonprofit focused on getting employees to support causes they care about. Financial terms of the acquisition were not announced. Causecast was founded and led by CEO Ryan Scott. According to America's Charities, the acquisition will help it further strengthen its support of the "social good" sector. (More... <http://www.socaltech.com/fullstory/0078589.html>) *DTS Powers New ASUS ROG II Phone* <http://www.socaltech.com/fullstory/0078590.html> Calabasas-based DTS is powering the new immersive audio experience for the ASus Republic of Gamers (ROG) gaming phone, according to DTS. DTS--which is now part of Xperi Corporation--said that its DTS:X Ultra audio technology is being incorporated into the new ROG Phone II, the newest product from ASUS Republic of Gamers. Financial impact of the win was not announced. ( More... <http://www.socaltech.com/fullstory/0078590.html>) *ServiceTitan Buys CUC Software* <http://www.socaltech.com/fullstory/0078587.html> Glendale-based ServiceTitan has acquired CUC Software, a developer of business software products aimed at the heating, ventilation, and air conditioning industry, the company said this week. Financial details of the buy were not announced. CUC Software was based in Billings, Montana, and was founded in 1981. According to ServiceTitan, CUC Software's customers were largely based in Canada. (More... <http://www.socaltech.com/fullstory/0078587.html>) *Resource Global Professionals Acquires Veracity Consulting For $30.6M* <http://www.socaltech.com/fullstory/0078586.html> Irvine-based Resources Connection, a business consulting firm which does business as Resources Global Professionals (RGP), has acquired Veracity Consulting Group, LLC in a deal worth $30.6M. According to RGP, the cash deal also included additional payments based on longer-term performance. Veracity is based in Richmond, Virginia, and provides consulting to healthcare organizations, and had $21.4M in revenues in 2018. RGP also said that Veracity saw growth of 58% in revenues over 2017. (More... <http://www.socaltech.com/fullstory/0078586.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 *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] *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 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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/ *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. ------------------------------ *Recent Funding <#m_8722878749804357469_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 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 August 27, Santa Monica -- *Preccelerator Workshop: Strategic Partnerships with Jonathan Tavss* Preccelerator Workshop: Strategic Partnerships with Jonathan Tavss. Strategic partnerships are integral to businesses both big and small. Unfortunately, most partnerships are not created equal and outcomes can be deeply affected when not giving deliberate consideration to who should be teamed up with and why. Consider how the venture should regard partnerships – what they should be looking for in a partnership – and what those partners are actually looking for in return. Put a simpler way: everything is a partnership. What are investors, collaborators, employees, vendors, and conferences looking for from you? With this understanding, better sourcing, agreements, communication, and outcomes can be had. See http://www.socaltech.com/calendar/eventid/26508 ------------------------------ *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. 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. 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