*socaltech.com <http://socaltech.com> TechNews - Tuesday, October 22, 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 * - Elon Musks Sends Tweet Through Starlink <#0079038> - ENGIE US Wind Signs Deal With Walmart <#0079037> - PHY Wireless Spins Out Of Acorn Technologies <#0079036> - GreenPark Sports, Founded By Former YouTube, Zappos, Blitz Founders, Finds $8.5M <#0079035> - GOAT Goes Gucci, Adds Luxury Brands <#0079034> - MediaLab, Maker Of Whisper, Buys Kik <#0079033> - Video Interview: Ana Pompa Alarcon Rawls, findSisterhood <#0079032> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Stradling <#ad608> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> *Tuesday, October 22, 2019* *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 *Elon Musks Sends Tweet Through Starlink* <http://www.socaltech.com/fullstory/0079038.html> Elon Musk, the founder of Hawthorne-based SpaceX, posted a tweet through Starlink, the growing constellation of satellites SpaceX is launching to provider Internet access around the world. SpaceX is planning to launch as many as 30,000 satellites into low earth orbit to provide its high speed Internet. Those plans--as well as a similar plan from Amazon--would offer up what SpaceX said would be low cost Internet access globally. (More... <http://www.socaltech.com/fullstory/0079038.html>) *ENGIE US Wind Signs Deal With Walmart* <http://www.socaltech.com/fullstory/0079037.html> Santa Barbara-based ENGIE US Wind, the U.S. arm of energy developer ENGIE, reports that it has signed a new, 366 megawatt wind power deal with Walmart, spanning multiple U.S. energy markets. Financial impact o the win were not announced. According to ENGIE, the deal includes two virtual renewable power purchase agreements (VPAAs) which will go towards building the 366 MW of wind projects across the U.S. (More... <http://www.socaltech.com/fullstory/0079037.html>) *PHY Wireless Spins Out Of Acorn Technologies* <http://www.socaltech.com/fullstory/0079036.html> La Jolla-based PHY Wireless, a new company focused on wireless positioning technology, has spun out from Acorn Technologies, the companies said this morning. According to the two, PHY Wireless will be a pure play provider of high performance accurate positioning mobile solutions for carriers, chip makers, IoT module manufacturers, application service providers and end users. Financial details and structure of the spinout were not announced. ( More... <http://www.socaltech.com/fullstory/0079036.html>) *GreenPark Sports, Founded By Former YouTube, Zappos, Blitz Founders, Finds $8.5M* <http://www.socaltech.com/fullstory/0079035.html> Calabasas-based GreenPark Sports--a new startup founded by Chad Hurley, co-founder of YouTube; Nick Swinmurn, founder of Zappos; and Ken Martin, co-founder of Blitz--has raised $8.5M in a seed funding round. GreenPark Sports says it is a publisher and developer of "fan-forward", digital experiences and mobile games for the new generation of sports and eSports fans. The funding round was led by SignalFire, and also included Sapphire Sports and Founders Fund. (More... <http://www.socaltech.com/fullstory/0079035.html>) *GOAT Goes Gucci, Adds Luxury Brands* <http://www.socaltech.com/fullstory/0079034.html> Los Angeles-based *GOAT <http://www.goat.com>*, which operates an online marketplace for collectible sneakers, is branching off into the luxury brand market, adding such brands as Gucci, Saint Laurent, Off-White, and others, the company said on Monday. The items are currently available on GOAT's smartphone apps for iOS and Android, and will eventually be available on GOAT's website and WeChat. GOAT said the effort is part of a plan for resale expansion.(More... <http://www.socaltech.com/fullstory/0079034.html>) *MediaLab, Maker Of Whisper, Buys Kik* <http://www.socaltech.com/fullstory/0079033.html> Instant messaging service Kik has been sold to Los Angeles-based MediaLab, the owner of anonymous messaging app Whisper, the companies said over the weekend. Financial terms of the acquisition were not announced. The two said that Kik Interactive, the owner of Kik, sold both Kik and other "selected assets" to MediaLab. The sale of Kik to MediaLab is related to the legal issues that Kik has been battling with the SEC over its "Kin" cryptocurrency. (More... <http://www.socaltech.com/fullstory/0079033.html>) *Video Interview: Ana Pompa Alarcon Rawls, findSisterhood* <http://www.socaltech.com/fullstory/0079032.html> For our video interview today, we talked with Ana Pompa Alarcon Rawls, founder and CEO of findSisterhood (www.findsisterhood.com) one of the companies out of the Techstars Los Angeles 2019 class, which is creating a new social network for women. (More... <http://www.socaltech.com/fullstory/0079032.html>) *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] *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. *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] ------------------------------ *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 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 * Green LAVA Event:The Opioid Crisis. The Green Strategic Interest Group is specifically dedicated to cannabis. For the first event in October, we want to focus on the importance of cannabis alternatives for opioids. We are curating a panel of experts to address the topic from varying industry perspectives. Moderator: Laura Toomey. 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* Scaling up Business Growth Workshop. Take your leadership team and your business higher! Come to a Half-Day Bootcamp and Get the Tools to Scale Up Your Business using the proven Four Decisions Methodology and Rockefeller Habits. The timing is perfect for completion of 2019 and planning initiatives for 2020! All of the money collected will go to benefit the Santa Monica Chamber Foundation, and is a 501c3 contribution. See http://www.socaltech.com/calendar/eventid/26556 October 26, Los Angeles -- *LAVA First Time Entrepreneur Workshop* *NEW* . See http://www.socaltech.com/calendar/eventid/26558 October 28, Newport Beach -- *Medical Technology Innovation Forum 2019* Medical Technology Innovation Forum 2019. OCTANe’s 14th Annual Medical Technology Innovation Forum (MTIF) will be held on October 28-29, 2019 in Newport Beach, California. MTIF is the largest and most important medtech industry conference in Southern California. This exciting event attracts a nationwide array of entrepreneurs, investors, medical device industry corporate leaders and R&D executives, as well as university scientists and researchers. We expect over 800 attendees at this event. See http://www.socaltech.com/calendar/eventid/26557 October 28, Los Angeles -- *Music Tectonics Conference* Music Tectonics Conference. Explore the seismic shifts shaking up the music industry as a result of technology & innovation. The first annual Music Tectonics Conference in Los Angeles October 28-29, 2019, is a destination event for innovators in music and technology. The conference speaker lineup brings together thinkers, doers and investors to explore the seismic shifts that are shaping the business of music. Labels, managers, publishers, tech companies, and startups will come together to map the new terrain.Music Tectonics is designed to promote cross-industry meeting, dealmaking, and big-picture conversations about music tech innovation.. See http://www.socaltech.com/calendar/eventid/26552 October 29, Los Angeles -- *Music Tectonics Conference* Music Tectonics Conference. Explore the seismic shifts shaking up the music industry as a result of technology & innovation. The first annual Music Tectonics Conference in Los Angeles October 28-29, 2019, is a destination event for innovators in music and technology. The conference speaker lineup brings together thinkers, doers and investors to explore the seismic shifts that are shaping the business of music. Labels, managers, publishers, tech companies, and startups will come together to map the new terrain.Music Tectonics is designed to promote cross-industry meeting, dealmaking, and big-picture conversations about music tech innovation.. 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 November 19, 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/26531 November 20, 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/26532 November 21, 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/26533 ------------------------------ *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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