*socaltech.com <http://socaltech.com> TechNews - Friday, October 18, 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 * - Video Interview: Nancy Soni, PathMatch <#0079023> - Newegg Canada Hits 10 Years <#0079022> - Activision To Roll Out Battle Pass Model For Call Of Duty: Modern Warfare <#0079021> - Ingram Micro Expands In Indianapolis <#0079024> - Invoca Takes $56M More In Funding <#0079019> - Video Interview: Matt Kozlov, Techstars Starburst Space Accelerator <#0079018> - Plexium Picks Up $28M For Cancer, Neurogenerative Disease Efforts <#0079014> - Adroit Media Gets $11M For Shopping Technology <#0079015> *Marketplace* - BDO - Southern California Technology Industry Team <#ad737> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Preccelerator Class 12 Demo Day <#ad757> *Friday, October 18, 2019* *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] *Video Interview: Nancy Soni, PathMatch* <http://www.socaltech.com/fullstory/0079023.html> Our video interview today is with Nancy Soni, the founder and CEO of PathMatch (www.pathmatch.com), a Los Angeles startup that helps high school and college students connect to career paths that fit their personality, strengths, interests, goals, values, and location preferences. We talked with Nancy about the startup, as well as how she founded the company. ( More... <http://www.socaltech.com/fullstory/0079023.html>) *Newegg Canada Hits 10 Years* <http://www.socaltech.com/fullstory/0079022.html> Los Angeles-based online electronics e-commerce retailer Newegg has just hit ten years in the country of Canada, the company said this week, which the company said has been instrumental in its position in North America over the last decade. Newegg now reaches more than 80 countries. The company said it is offering up special pricing and deals on items in Canada as part of the anniversary. Newegg has a dedicated Canadian e-commerce site. (More... <http://www.socaltech.com/fullstory/0079022.html>) *Activision To Roll Out Battle Pass Model For Call Of Duty: Modern Warfare* <http://www.socaltech.com/fullstory/0079021.html> Santa Monica-based game publisher Activision said Thursday that it is turning its content model away from "loot boxes" to the "battle pass" model, for its upcoming launch of Call of Duty: Modern Warfare. According to Activision, the new "Battle Pass" system replaces its previous "loot box" system to unlock features and items in the game. (More... <http://www.socaltech.com/fullstory/0079021.html>) *Ingram Micro Expands In Indianapolis* <http://www.socaltech.com/fullstory/0079024.html> Irvine-based Ingram Micro, the IT services giant, said that its Ingram Micro Commerce & Lifecycle Services arm is opening up a second facility in Indianapolis, Indiana. According to the company, the new facility will be used for IT asset disposition (ITAD) for its customers, and is the fourth facility it now runs for disposal of IT assets; the other centers include an existing one in Indianapolis, plus one in Chandler, Arizona and Pine Brook, New Jersey. (More... <http://www.socaltech.com/fullstory/0079024.html>) *Invoca Takes $56M More In Funding* <http://www.socaltech.com/fullstory/0079019.html> Santa Barbara-based Invoca, the developer of call tracking and analytics tools, has raised another $56M in a new funding round, the company said on Wednesday. According to Invoca, the new round was led by Upfront Ventures, and also included H.I.G. Growth Partners, Accel, and Morgan Stanley Alternative Investment Partners. The new funding brings its total raised to $116M. The company--which is now led by CEO Gregg Johnson--said it now plans to double its headcount over the next three years. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=19321>)(More... <http://www.socaltech.com/fullstory/0079019.html>) *Video Interview: Matt Kozlov, Techstars Starburst Space Accelerator* <http://www.socaltech.com/fullstory/0079018.html> For our video interview today, we talked with Matt Kozlov, the Managing Director of the Techstars Starburst Space Accelerator in Los Angeles, to hear about the program and its future plans. Interview at the 2019 Demo Day on Wednesday. (More... <http://www.socaltech.com/fullstory/0079018.html>) *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>) *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 *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. *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] *Preccelerator Class 12 Demo Day <https://www.eventbrite.com/e/preccelerator-class-12-demo-day-tickets-71570269603>* Preccelerator Class 12 Demo Day. Clear your calendar - It's going down! 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! Register today! https://www.eventbrite.com/e/preccelerator-class-12-demo-day-tickets-71570269603 ------------------------------ *Recent Funding <#funding>* 10/17/19 Invoca <http://www.socaltech.com/intelligence/?action=showdeal&id=98518> Santa Barbara $56.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 18, Los Angeles -- *Ocean Planet Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26554 October 19, Los Angeles -- *Ocean Planet Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26555 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 23, Los Angeles -- *Green LAVA Event:The Opioid Crisis & Cannabis Alternatives * *NEW* . See http://www.socaltech.com/calendar/eventid/26553 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 24, Santa Monica -- *Scaling up Business Growth Workshop* *NEW* . See http://www.socaltech.com/calendar/eventid/26556 October 28, Newport Beach -- *Medical Technology Innovation Forum 2019* *NEW* . See http://www.socaltech.com/calendar/eventid/26557 October 28, Los Angeles -- *Music Tectonics Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26552 October 29, Los Angeles -- *Music Tectonics Conference* *NEW* . See http://www.socaltech.com/calendar/eventid/26551 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 November 18, Los Angeles -- *AutoMobility 2019* AutoMobility LA is a press and trade event featuring vehicle debuts, auto-tech exhibits, competitions, speakers and networking events over the course of four days. Held in Los Angeles – the world’s top car-buying, luxury and EV market – AutoMobility LA is where the who’s who of mobility meet to gain insights, break news and do business. Join a diverse group of automakers, tech companies, media, designers, startups, investors, dealers, government officials, analysts and more for this must-attend event. See http://www.socaltech.com/calendar/eventid/26530 ------------------------------ *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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