*socaltech.com <http://socaltech.com> TechNews - Wednesday, August 21, 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 * - Tala Takes $110M More In Funding For Fintech Efforts <http://#0078711> - MINDBODY Acquires Simplicity First, Plans R&D Expansion In India <http://#0078709> - Newegg Joins In With Intel Gamer Days 2019 <http://#0078710> - Affinity Biosensors Finds $5.9M <http://#0078708> - TPx Communications Acquired By Private Equity Investor <http://#0078707> - Scopely Expands Team In Europe <http://#0078706> - Video Interview: Tony Winders, The Winders Group <http://#0078702> - Brainbase Gets $3M For IP Licensing <http://#0078701> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <http://#ad752> - TuesdayNights Impact Conference - Santa Monica - 9/27 <http://#ad754> - Pacific Western Bank, Venture Banking Group – Brian Weber <http://#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <http://#ad750> - BDO - Southern California Technology Industry Team <http://#ad737> - Stubbs Alderton & Markiles Preccelerator <http://#ad694> *Wednesday, August 21, 2019* *Apply now for Verizon's Built on 5G Challenge <https://verizon5glabs.com/BuiltOn5G/>* The Built on 5G Challenge is a nationwide search for the best products, services, and applications that will bring the true power of 5G to life. For more information on prizes, eligibility, and submission requirements, click here. The winners will be awarded up to $1 million, access to our 5G Labs, and an opportunity for Verizon to invest in their companies in a future fundraising round. Challenge guidelines Every submission should demonstrate your company’s commitment to social responsibility and sustainable business practices. Eligibility In order to be eligible, teams must be part of a U.S. company that has 200 or fewer employees and meet the eligibility requirements in the Official Rules. For full contest details on eligibility, requirements and prizes, go to: https://verizon5glabs.com/BuiltOn5G/ *Tala Takes $110M More In Funding For Fintech Efforts* <http://www.socaltech.com/fullstory/0078711.html> Santa Monica-based Tala, the fintech startup led by CEO Shivani Siroya, has raised $110M more in a Series D funding round, the company said this morning. The funding was led by RPS Ventures, and also included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, and PayPal. The company has now raised a total of $215M. The funding reportedly values the company at over $500M. Tala said the new funding will help it expand its financial servies to India. (More... <http://www.socaltech.com/fullstory/0078711.html>) *MINDBODY Acquires Simplicity First, Plans R&D Expansion In India* <http://www.socaltech.com/fullstory/0078709.html> San Luis Obispo-based MINDBODY, which develops an online, cloud-based platform used by wellness businesses to manage their scheduling, booking, and operations, has acquired Simplicity First, a software consulting firm. Financial details of the acquisition were not announced. Simplicity First is based in Pune, Maharashtra, India, and provides software development, quality assurance, and project management services. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=2848>)( More... <http://www.socaltech.com/fullstory/0078709.html>) *Newegg Joins In With Intel Gamer Days 2019* <http://www.socaltech.com/fullstory/0078710.html> Los Angeles-based online electronics products retailer Newegg said today that it is lauching a promotion as part of Intel Gamer Days 2019, which will run from August 30th to September 8th. According to Newegg, it will offer up promotions and discounts during the event, and also run an event at the HyperX Esports Arena in Las Vegas on September 7th. Newegg said the a href="http://www.newegg. (More... <http://www.socaltech.com/fullstory/0078710.html>) *Affinity Biosensors Finds $5.9M* <http://www.socaltech.com/fullstory/0078708.html> Santa Barbara-based Affinity Biosensors, a startup developing benchtop, automated systems for microbiology research, has raised $5.9M in a ongoing funding round, according to a regulatory filing from the company this week. The filing said the funding is part of a $10M, ongoing funding. Affinity Biosensors' products are based on micro-electromechanical (MEMS) technology, which it says allows for cell counting, mass measurements, and visual observation of liquid samples. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=15628>)(More... <http://www.socaltech.com/fullstory/0078708.html>) *TPx Communications Acquired By Private Equity Investor* <http://www.socaltech.com/fullstory/0078707.html> Los Angeles-based TPx Communications, a provider of unified communications services, including call center, contact center, managed WAN, managed Office 365, and other similar services, has been acquired by private equity investor Siris. Financial terms of the acquisition, which was announced on Monday, were not announced. TPx Communications--formerly known as U.S. TelePacific Holdings Corp. (More... <http://www.socaltech.com/fullstory/0078707.html>) *Scopely Expands Team In Europe* <http://www.socaltech.com/fullstory/0078706.html> Los Angeles-based mobile games developer Scopely said on Tuesday that it is expanding its team, by opening up new offices in Spain and Ireland. Scopely said it is opening up a new, 26,000 square foot office in Sarria-Sant Gervasi in Barcelona, an expansion from its earlier 7,000 square feet office in the city it opened in 2017. In addition, Scopely said it will be expanding an office in Dublin. (More... <http://www.socaltech.com/fullstory/0078706.html>) *Video Interview: Tony Winders, The Winders Group* <http://www.socaltech.com/fullstory/0078702.html> Our video interview today is with Tony Winders, the CEO of The Winders Group, a marketing agency in Los Angeles. Tony is a longtime veteran of the digital marketing world, co-founded the InterActive Agency, was a VP at companies like ValueClick, GumGum, Search123, and others, and also has been very involved in bringing together the local technology community through such efforts as the Digital Family Reunion and during the Internet 1.0 era with the Venice Interactive Community (VIC). (More... <http://www.socaltech.com/fullstory/0078702.html>) *Brainbase Gets $3M For IP Licensing* <http://www.socaltech.com/fullstory/0078701.html> Los Angeles-based Brainbase, a developer of intellectual property licensing software, has raised $3M in a seed funding round, the company said today. The round was led by Struck Capital, and also included Tectonic Capital, Bonfire Ventures, Sterling Road, and Watertower Ventures. According to Brainbase, the company is creating a product to help brands and licensees showcase, connect, grow, and manage their businesses. (More... <http://www.socaltech.com/fullstory/0078701.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 *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 *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 *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. i...@socalip.com www.socalip.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 <https://www.socaltech.com/database/html.php?num=8#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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 22, West Hollywood -- *MTS FASHION TALK @PACIFIC DESIGN CENTER* *NEW* . See http://www.socaltech.com/calendar/eventid/26514 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 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. 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