*socaltech.com <http://socaltech.com> TechNews - Thursday, August 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. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Energy Vault Finds $110M For Renewable Energy Storage Efforts <http://#0078674> - TeleSign Expands Into Mobile Messaging <http://#0078676> - SimpliPhi Power Dangles Further Discounts For Energy Storage Batteries <http://#0078677> - Vuori Picks Up $45M For Athletic Brand <http://#0078675> - RepairSmith Launches In LA, Backed By Funding From Daimler AG <http://#0078673> - WeWork Files For $1 Billion IPO <http://#0078668> *Marketplace* - Facilitated Off-Site Planning for Growth Companies and Venture Firms <http://#ad753> - Stubbs Alderton & Markiles Preccelerator <http://#ad694> - BDO - Southern California Technology Industry Team <http://#ad737> - Pacific Western Bank, Venture Banking Group – Brian Weber <http://#ad749> - TuesdayNights Impact Conference - Santa Monica - 9/27 <http://#ad754> *Thursday, August 15, 2019* *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 *Energy Vault Finds $110M For Renewable Energy Storage Efforts* <http://www.socaltech.com/fullstory/0078674.html> Energy Vault, a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning. The funding came from SoftBank Vision Fund (Vision Fund), and will go towards accelerating global deployment of its technology. As part of the funding, Andreas Hansson, Partner for SoftBank Investment Advisers, joins the company's board of directors. ( More... <http://www.socaltech.com/fullstory/0078674.html>) *TeleSign Expands Into Mobile Messaging* <http://www.socaltech.com/fullstory/0078676.html> Los Angeles-based TeleSign, which has been focused on authentication and second factor authentication services for major website and mobile applications, is expanding into mobile messaging services. According to TeleSign is has expanded into Rich Communication Services (RCS) Messaging, by launching an application programming interface (API) which lets businesses send SMS and voice messages to their customers. Telesign said the new TeleSign RCS API is available for free to its beta customers. ( More... <http://www.socaltech.com/fullstory/0078676.html>) *SimpliPhi Power Dangles Further Discounts For Energy Storage Batteries* <http://www.socaltech.com/fullstory/0078677.html> Oxnard-based SimpliPhi Power, a developer of lithium ferro phosphate (LFP) battery technology, said this morning that it is offering up steep discounts on its 3.8 KWh, 48V batteries, as part of its effort to cater to both Californians preparing for Public Safety Power Shutoffs (PSPS), as well as globally for other climate change-related events, including wildfires, extreme heat, and hurricanes. (More... <http://www.socaltech.com/fullstory/0078677.html>) *Vuori Picks Up $45M For Athletic Brand* <http://www.socaltech.com/fullstory/0078675.html> Carlsbad-based *Vuori <http://www.vuori.com>*, an athletic clothing brand, has raised $45M in a funding round, the company said this week. The funding came from Norwest Venture Partners. The company offers up athletic clothing for both men and women, including board shorts, pants, T-shirts, hoodies, jackets, and other products. Vuori was founded by Joe Kudla. The company said the funding was a "growth equity" round.(More... <http://www.socaltech.com/fullstory/0078675.html>) *RepairSmith Launches In LA, Backed By Funding From Daimler AG* <http://www.socaltech.com/fullstory/0078673.html> Los Angeles-based RepairSmith, which offers mobile automotive maintenance and repair services, has launched its services in Los Angeles and San Francisco, the company said on Wednesday. The startup is backed by Daimler AG, and offers up online pricing of services, online scheduling, and servicing of a vehicle at a customer's home, work, or at a shop. Size of the investment by Daimler AG was not announced, although RepairSmith called the the backing a "major investment commitment". (More... <http://www.socaltech.com/fullstory/0078673.html>) *WeWork Files For $1 Billion IPO* <http://www.socaltech.com/fullstory/0078668.html> WeWork, the co-working space operator which has a significant presence across Southern California, has filed for an IPO, saying this morning that it is looking to raise up to $1,000,000,000 in a public offering. The company is looking to trade under the symbol WE, but has not yet selected an exchange. The IPO is being underwritten by J. P. Morgan, Goldman Sachs & Co., BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, HSBC, UBS Investment Bank, and Wells Fargo Securities. (More... <http://www.socaltech.com/fullstory/0078668.html>) *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 *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/ *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 *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] *TuesdayNights Impact Conference - Santa Monica - 9/27 <https://www.eventbrite.com/e/tuesdaynights-impact-conference-tickets-66623359261>* Over 100 Female Entrepreneurs and Thought Leaders Unite for TuesdayNights inaugural Impact Conference at the Annenberg Community Beach House on Friday, September 27th. The event, hosted by TuesdayNights founders Justine Lassoff and Melinda Moore, will feature keynote speakers including Laura Doss-Hertz, winner of XPRIZE for water abundance and Ronalee Zarate-Bayani, CMO of the Los Angeles Rams; as well as panelists who are female founders, wellness professionals and venture capitalists making a positive impact: including Dana Settle, Partner of Greycroft; Ara Katz, CEO Seed; Deepika Chopra, Optimism Doctor; Jennifer Loo, CFO of Tala; and Nanxi Liu, Founder of Enplug and XFactor. Founded in 2013, TuesdayNights is a community of female entrepreneurs, investors and senior executives with a mission to inspire, collaborate and impact change through networking events, top speakers and intimate gatherings. Each event features a nonprofit that is changing the world for the better and sharing how the community can get involved. Register today! https://www.eventbrite.com/e/tuesdaynights-impact-conference-tickets-66623359261 ------------------------------ *Recent Funding <https://www.socaltech.com/database/html.php?num=6#funding>* 8/14/19 Systum <http://www.socaltech.com/intelligence/?action=showdeal&id=98062> Plano $10.70 M 8/13/19 Singularity 6 <http://www.socaltech.com/intelligence/?action=showdeal&id=98060> Los Angeles $16.50 M 8/08/19 Tripalink, Corp. <http://www.socaltech.com/intelligence/?action=showdeal&id=97935> Los Angeles $10.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 20, Los Angeles -- *Los Angeles VC Panel and LAVA Annual Membership Meeting* *NEW* . See http://www.socaltech.com/calendar/eventid/26513 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. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG 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. 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