*socaltech.com <http://socaltech.com> TechNews - Thursday, October 17, 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 * - Plexium Picks Up $28M For Cancer, Neurogenerative Disease Efforts <#0079014> - Adroit Media Gets $11M For Shopping Technology <#0079015> - LegalZoom Expands Board <#0079016> - Semtech Gets LoRa Win In Electric Metering Application <#0079017> - Hyundai Invests In Netradyne <#0079012> - TV Time Acquires Mediamorph <#0079011> - Video Interview: Federico Pomi and Andreas Ballarini, Fabrica <#0079009> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> *Thursday, October 17, 2019* * 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 *Plexium Picks Up $28M For Cancer, Neurogenerative Disease Efforts* <http://www.socaltech.com/fullstory/0079014.html> San Diego-based Plexium, which is developing E3 ligase-modulating therapeutics to treat cancer and neurodegenerative diseases, has raised $28 in a Series A funding round, the company announced on Thursday morning. The funding was led by DCVC Bio and The Column Group, and also included M Ventures, CRV, and Neotribe Ventures. The company is led by founder and CEO Kandaswamy (Swamy) Vijayan, Ph.D. ( More... <http://www.socaltech.com/fullstory/0079014.html>) *Adroit Media Gets $11M For Shopping Technology* <http://www.socaltech.com/fullstory/0079015.html> Aliso Viejo-based Adroid Worldwide Media, which goes by the name AWM Smart Shelf, has raised $11M in its Series A funding round, for its retail shopping application and cashierless checkout system. According to AWM Smart Shelf, the funding round was led by Impact Venture Capital, and also included Mark IV Capital and The Contrarian Group. ( More... <http://www.socaltech.com/fullstory/0079015.html>) *LegalZoom Expands Board* <http://www.socaltech.com/fullstory/0079016.html> Glendale-based LegalZoom, the provider of legal documents and products, has named a new member of its board of directors. According to LegalZoom, it has named Christine Wang to its board of directors. Wang is at private equity investor Francisco Partners. Wang previously was also at Advent International, and also served at J.P. Morgan. Francisco Partners is a significant shareholder in LegalZoom, and was part of a group that acquired a large secondary stake in LegalZoom back in 2018. ( More... <http://www.socaltech.com/fullstory/0079016.html>) *Semtech Gets LoRa Win In Electric Metering Application* <http://www.socaltech.com/fullstory/0079017.html> Camarillo-based analog and mixed-signal semiconductor maker Semtech has scored another design win, this time in an electric metering application aimed at reducing energy consumption. According to Semtech, Internet-of-Things (IoT) developer IHM Pacific, which develops smart utility metering and smart building products, and Andrea Informatique, a consultancy firm focused on technology and software design, have designed a new electricity metering solution based on its LoRa devices. ( More... <http://www.socaltech.com/fullstory/0079017.html>) *Hyundai Invests In Netradyne* <http://www.socaltech.com/fullstory/0079012.html> Automotive giant Hyundai is an investor in a funding round for San Diego-based Netradyne, as part of a partnership deal, according to the two companies. Netradyne is a developer of artificial intelligence (AI) software used in fleet safety management. According to Hyundai CRADLE, Hyundai Motor Company's corporate venturing organization, it made an investment in Netradyne, but did not disclose how much it invested in the startup. ( More... <http://www.socaltech.com/fullstory/0079012.html>) *TV Time Acquires Mediamorph* <http://www.socaltech.com/fullstory/0079011.html> Santa Monica-based TV Time, a developer of an app which lets users report information about their engagement with TVs and movies, has acquired New York City-based Mediamorph, according to the two companies. Financial details of the acquisition wer e not announced. Mediamorph is a provider of entertainment content distribution and tracking services. TV Time is led by longtime Southern California technology veteran Richard Rosenblatt. ( More... <http://www.socaltech.com/fullstory/0079011.html>) *Video Interview: Federico Pomi and Andreas Ballarini, Fabrica* <http://www.socaltech.com/fullstory/0079009.html> Our video interview today is with Federico Pomi and Andreas Ballarini, Fabrica, a startup in the Techstars LA 2019 Class focused on real estate transactions. Fabrica was one of the companies that pitched at Techstars LA Demo Day on Tuesday at the El Rey. ( More... <http://www.socaltech.com/fullstory/0079009.html>) * UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057> * The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 * 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] * 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 * 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 * Early Stage Commercial Insurance - Pacific Unified Insurance Agency < [email protected]> * We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] ------------------------------ * Recent Funding <#funding> * 10/16/19 Labrador Systems <http://www.socaltech.com/intelligence/?action=showdeal&id=98517> Oak Park $2.00 M 10/03/19 X1 Discovery <http://www.socaltech.com/intelligence/?action=showdeal&id=98441> Pasadena $5.10 M 10/01/19 Molecular Assemblies <http://www.socaltech.com/intelligence/?action=showdeal&id=98369> San Diego $12.20 M 9/18/19 WhiteFox Drone Defense <http://www.socaltech.com/intelligence/?action=showdeal&id=98326> San Luis Obispo $12.00 M 9/17/19 Biproxi <http://www.socaltech.com/intelligence/?action=showdeal&id=98320> San Diego $10.00 M 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 ------------------------------ * Upcoming Events * Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 21, Los Angeles -- *5G – Where Are We?* 5G – Where Are We? Cisco Mobile World Congress Newsmaker Event. “5G – Where Are We?”, which will bring together industry leaders from Cisco and other major companies to talk frankly about the challenges and customer experiences in this technology, which promises to propel mobile communications in vastly transformative ways. See http://www.socaltech.com/calendar/eventid/26550 October 23, Anaheim -- *Nth Generation 19th Annual Symposium * Nth Generation 19th Annual Symposium. This year’s 19th annual technology event on October 23-24, 2019 in Anaheim, CA features 40+ showcase technologies & solutions, 600+ attendees, over 30 technology sponsors with breakout sessions, showcase booths and demos, 22+ subject matter expert keynotes & panelists, client excellence awards, executive luncheon & forum. Showcase technologies include: artificial intelligence, cloud, hyperconverged infrastructure, software defined data center, business continuity and disaster recovery, security, networking, nda sessions and more. See http://www.socaltech.com/calendar/eventid/26504 October 23, Santa Monica -- *Preccelerator Class 12 Demo Day * Preccelerator Class 12 Demo Day. The Preccelerator Program Class 12 Demo Day kicks off on October 23rd @ 6:00 pm, and you're invited to take part in the festivities. What a wild ride it has been! Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts. See http://www.socaltech.com/calendar/eventid/26549 October 24, Los Angeles -- *Growth Capital Conference* Growth Capital Conference. Pitch to and Network with invvestors: Angels, VCs High Net Worths,Strategic Partners and 100 entrepreneurs needing capital. DEAL DISPLAYtm showcases growing firms needing capital & counsel.View products, videos, online demos.Hot Networking Breakfast at 7:00 AM sharp. See http://www.socaltech.com/calendar/eventid/26538 October 30, Irvine -- *25th Annual Economic Forecast Conference - Orange County Business Council * OCBC 25th Annual Economic Forecast Conference. The 25th Annual Economic Forecast Conference at Hotel Irvine is hosted by Orange County Business Council and California State University, Fullerton. This annual conference offers critical economic indicator insight to the leading business, government and academic leaders in Orange County. See http://www.socaltech.com/calendar/eventid/26456 ------------------------------ * 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. 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