*socaltech.com <http://socaltech.com> TechNews - Wednesday, September 11, 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 * - Rivian, With Offices In Irvine, Gets $350M From Parent Of Kelly Blue Book <#0078818> - Avalon Ventures Gets Exit At Sitari Pharmaceuticals <#0078816> - Factual Expands In Europe <#0078815> - 174 Power Global Gets Funding For Solar Power Efforts <#0078814> - Cornerstone OnDemand Connects With Ultimate Software <#0078817> - ZeaKal Raises $15M More For Crop Efficiency Efforts <#0078813> - Fitplan Finds $4.5M For Personal Training App <#0078812> - Vid Gets Strategic Funding <#0078808> - FloQast Connects With Workiva <#0078809> - Semtech Gets Design Win In France <#0078810> *Marketplace* - TuesdayNights Impact Conference - Santa Monica - 9/27 <#ad754> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#ad753> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Wednesday, September 11, 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/ *Rivian, With Offices In Irvine, Gets $350M From Parent Of Kelly Blue Book* <http://www.socaltech.com/fullstory/0078818.html> Electric truck maker Rivian, which has a development office in Irvine, has received $350M in an equity investment from the parent company of Irvine-based Kelly Blue Book, Rivian announced on Tuesday. According to Rivian--which has its headquarters in Plymouth, Michigan--the $350M investment came from automotive services company Cox Automotive. In addition to Kelly Blue Book, Cox owns Autotrader, Dealertrack, Clutch Technologies, and a number of other automotive related businesses. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=31403>)( More... <http://www.socaltech.com/fullstory/0078818.html>) *Avalon Ventures Gets Exit At Sitari Pharmaceuticals* <http://www.socaltech.com/fullstory/0078816.html> San Diego-based biotech investor Avalon Ventures has scored an exit, saying late Tuesday evening that it has entered into a definitive agreement with GlaxoSmithKline (GSK), to sell Sitari Pharmaceuticals to GSK. Financial details of the deal were not announced. Sitari was developing treatments for celiac disease, and was being incubated at COI Pharmaceuticals. According to Avalon Ventures, Sitari was the very first company to be formed under the GSK-Avalon venture collaboration, in 2013. (More... <http://www.socaltech.com/fullstory/0078816.html>) *Factual Expands In Europe* <http://www.socaltech.com/fullstory/0078815.html> Los Angeles-based location data provider Factual is expanding its product efforts in Europe, saying it has rolled out its Factual Audience Targeting, Factual Measurement and Factual Insights products in Europe, and added a new Managing Director in the region. According to Factual, the new products are aimed at enterprises and marketers in Europe, to help them better understand, reach, and engage consumers. (More... <http://www.socaltech.com/fullstory/0078815.html>) *174 Power Global Gets Funding For Solar Power Efforts* <http://www.socaltech.com/fullstory/0078814.html> Irvine-based 174 Power Global, a utility-scale, solar energy company which is owned by Hanwha Group, said this morning that it has closed on construction financing for a $210M, 150MW solar power plant near Odessa, Texas. The company said construction and term debt is being provided by Credit Agricole Corporate and Investment Bank and the Korea Development Bank, and an eight-year "solar hedge" is being provided by J.P. Morgan Chase Bank, N.A. Terms of the debt were not announced. (More... <http://www.socaltech.com/fullstory/0078814.html>) *Cornerstone OnDemand Connects With Ultimate Software* <http://www.socaltech.com/fullstory/0078817.html> Santa Monica-based cloud-based learning, talent management, and other software, said today that it has connected with Ultimate Software, a developer of human capital management software. According to the two, the partnership allows the two companies to integrate their solutions, letting mutual customers exchange data between the two software products. Cornerstone OnDemand said it joined Ultimate Software's UltiPro Connect Partners program. (More... <http://www.socaltech.com/fullstory/0078817.html> ) *ZeaKal Raises $15M More For Crop Efficiency Efforts* <http://www.socaltech.com/fullstory/0078813.html> San Diego-based ZeaKal, a startup which is working on technology to improve the photosynthetic capacity and efficiency of plants, announced on Tuesday that it has raised $15M in a Series C funding round. The funding came from Canopy rivers, Finistere Ventures, and Middleland Capital. (More... <http://www.socaltech.com/fullstory/0078813.html>) *Fitplan Finds $4.5M For Personal Training App* <http://www.socaltech.com/fullstory/0078812.html> Los Angeles-based Fitplan, which develops a mobile app focused on personal training, wellness, and fitness, has raised $4.5M in a funding round, according to the company. The company said the funding was led by Corazon Capital, and also included pro baseball player Alex Rodriguez, plus Mark Mastrov, the founder of 24 Hour Fitness, and also included Lerer Hippeau, Bullpen Capital, Imaginary and Advancit Capital. (More... <http://www.socaltech.com/fullstory/0078812.html>) *Vid Gets Strategic Funding* <http://www.socaltech.com/fullstory/0078808.html> Los Angeles-based Vid, a startup developing a social video platform, announced late Monday that it has received a strategic investment from Ontology, a developer of blockchain technology. Financial terms of the investment were not announced. Vid--which has yet to launch its product--says it is developing a video journaling application, where data is secured through "zero-knowledge" encryption and which is powered by Blockchain. Vid's founders are Jag and Josh Singh. (More... <http://www.socaltech.com/fullstory/0078808.html>) *FloQast Connects With Workiva* <http://www.socaltech.com/fullstory/0078809.html> Los Angeles-based financial close management software developer FloQast has partnered with reporting and compliance software developer Workiva, the two said this morning. According to Workiva and FloQast, the partnership will include product integration and bilateral referrals between the two companies, aimed at high growth private and public companies. (More... <http://www.socaltech.com/fullstory/0078809.html>) *Semtech Gets Design Win In France* <http://www.socaltech.com/fullstory/0078810.html> Camarillo-based analog and mixed-signal semiconductor developer Semtech reported a design win this morning, with a French developer of Internet-of-Things (IoT) devices. According to Semtech, itk, a supplier of IoT smart agriculture applications, is using Semtech's LoRa devices as part of a new cattle health monitoring solution. Semtech said itk's FarmLife smart agriculture service are using LoRa sensors to detect cattle estrus, drive improved nutrition and predict the onset of disease. (More... <http://www.socaltech.com/fullstory/0078810.html>) *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 *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 *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 *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 ( 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. *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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 ------------------------------ *Recent Funding <#funding>* 8/26/19 Podcorn <http://www.socaltech.com/intelligence/?action=showdeal&id=98098> Los Angeles $2.20 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html September 12, Pasadena -- *Caltech Entrepreneurs Forum - Microbiome* Caltech Entrepreneurs Forum - Microbiome. This event will explore many fascinating and potentially life-saving developments in the Microbiome field. Keynoting will be Professor Sarkis Mazmanian of Caltech's Division of Biology and Biological Engineering.. See http://www.socaltech.com/calendar/eventid/26537 September 12, Santa Monica -- *Preccelerator Workshop: Your Team's Secret Weapon to Outpace the Competition w/ Christine Perakis* Preccelerator Workshop: Your Team's Secret Weapon to Outpace the Competition w/ Christine Perakis. How will you lead your company to 10x your growth and outpace the competition? Find your “Mars Group”: identify and engage your internal influencers, including senior managers and key personnel, who embody your company’s spirit and future. Understand why you’re in business: your Mars Group will identify, develop, and articulate your core ideology – the values and purpose that set you apart from the competition. Dive deep into your business: identify and communicate industry trends, core customer cares, and company strengths to become a leader in your constantly-changing competitive climate. Spread the word: share this roadmap to exponential growth with your teams, customers, and vendors, empowering decision-making that aligns with your company’s vision and legacy. See http://www.socaltech.com/calendar/eventid/26541 September 15, Santa Monica -- *More/Medavoy brunchwork* More/Medavoy brunchwork. You're invited to an unforgettable brunch with More/Medavoy Co-founding Partners Brian Medavoy and Erwin More. Enjoy an intimate conversation with Brian & Erwin, curated connections, a creative challenge, and pitch... over a healthy meal. See http://www.socaltech.com/calendar/eventid/26544 September 17, Santa Monica -- *The Role of Rebranding for M& A and Growth* The Role of Rebranding for M& A and Growth. Learn how this oft-overlooked ingredient can drive valuation both pre-deal and post-deal and support revenue growth. Key topics include: How to recognize an obsolete or weak brand story (interactive workshop) Typical messaging mistakes innovative companies make 7 best practices to strategically refresh brand messaging Crossing the chasm between strategy and creative execution Before and after: rebranding results for middle-market companies and startups. See http://www.socaltech.com/calendar/eventid/26543 September 18, Los Angeles -- *The Goddess Project Documentary Screening* The Goddess Project Documentary Screening. Join us for a screening of "The Goddess Project" documentary here at Toolbox LA. Synopsis: Determined to empower the feminine voice, two filmmakers packed their lives into a school bus and hit the road for what became the most transformative adventure of their lives. Through powerful conversations with over 100 women from different walks of life, The Goddess Project gives an intimate look into the collective experience that women in the United States face today. Our co-founder, Noramay Cadena, is featured in the documentary! We are looking forward to celebrating her and all the women featured in the film. Join us for an evening of connection and empowerment. See http://www.socaltech.com/calendar/eventid/26539 September 21, Irvine -- *AMAOC Marketing Tech Summit* AMAOC Marketing Tech Summit. The AMAOC is hosting their 2nd annual Marketing Tech Summit at UCI. Keynote: MarTech in the Era of Customer Journey by Annette Franz Four tracks focused on marketing technology, customer journey and career advancement.. See http://www.socaltech.com/calendar/eventid/26517 September 27, Santa Monica -- *TuesdayNights Impact Conference* TuesdayNights Impact Conference. 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. See http://www.socaltech.com/calendar/eventid/26511 ------------------------------ *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. 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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