*socaltech.com <http://socaltech.com> TechNews - Wednesday, October 23, 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 * - LegalMation Lands Funding Round <#0079046> - Beyond Limits Snags Former VC, Investor As COO <#0079047> - Amgen CFO To Retire <#0079045> - EV Connect Finds $12M More For EV Charging Efforts <#0079044> - Video Interview: Daniel Faber, Orbit Fab <#0079043> - TeleSign Partners With Belgium Telecom Provider <#0079042> - TaskUs Expands To India <#0079041> - Elon Musks Sends Tweet Through Starlink <#0079038> - ENGIE US Wind Signs Deal With Walmart <#0079037> - PHY Wireless Spins Out Of Acorn Technologies <#0079036> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - UK Government's Department for International Trade (DIT) <#ad756> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - BDO - Southern California Technology Industry Team <#ad737> *Wednesday, October 23, 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 *LegalMation Lands Funding Round* <http://www.socaltech.com/fullstory/0079046.html> Los Angeles-based LegalMation, a startup which develops artificial intelligence and machine learning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced. According to the company, the private placement round came from REV Venture Partners, Relativity, and Bridge Investments, and continuing participation by Key Venture Partners. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=61280>)( More... <http://www.socaltech.com/fullstory/0079046.html>) *Beyond Limits Snags Former VC, Investor As COO* <http://www.socaltech.com/fullstory/0079047.html> Glendale-based Beyond Limits, a venture-backed developer of artificial intelligence software, has named Meghan Sharp, Ph.D., the former Managing Director of BP Ventures/Americas, as its new Chief Operating Officer (COO). Sharp most recently led BP Ventures/Americas investment in Beyond Limits in 2017, leading the company's $25M Series B funding round and joining its board. (More... <http://www.socaltech.com/fullstory/0079047.html>) *Amgen CFO To Retire* <http://www.socaltech.com/fullstory/0079045.html> Thousand Oaks-based biotech giant Amgen said today that its CFO, David W. Meline, is planning to retire, serving as CFO through the end of 2019, but will remain at the company through the second quarter of 2020. Meline--who has been Executive Vice President and Chief Financial Officer at Amgen since 2014--will be replaced by Peter H. Griffith. (More... <http://www.socaltech.com/fullstory/0079045.html>) *EV Connect Finds $12M More For EV Charging Efforts* <http://www.socaltech.com/fullstory/0079044.html> El Segundo-based EV Connect, which provides managed, electric vehicle charging stations for businesses, universities, governments, and others, said on Tuesday that it has raised $12M more in a funding round, in a Series B funding round. The funding was led by Mitsui & Co., Ltd. ,and also included the Ecosystem Integrity Fund and others. According to EV Connect, it has now raised $25M in total for the company. (More... <http://www.socaltech.com/fullstory/0079044.html>) *Video Interview: Daniel Faber, Orbit Fab* <http://www.socaltech.com/fullstory/0079043.html> *Daniel Faber* is the CEO and founder of *Orbit Fab* (www.orbitfab.com), a startup developing technology to refuel spacecraft in space. Orbit Fab was part of the 2019 Techstars Space Los Angeles accelerator program. (More... <http://www.socaltech.com/fullstory/0079043.html>) *TeleSign Partners With Belgium Telecom Provider* <http://www.socaltech.com/fullstory/0079042.html> Los Angeles-based Telesign, which provides phone-based authentication and related services, says it has partnred with Proximus, the largest telecommunications company in Belgium. Financial details of the partnership were not announced. According to TeleSign, the partnership will provide its fraud risk product portfolio to regional and international companies with a presence in Belgium. (More... <http://www.socaltech.com/fullstory/0079042.html>) *TaskUs Expands To India* <http://www.socaltech.com/fullstory/0079041.html> Los Angeles-based business process outsourcing provider TaskUs is continuing its expansion, saying on Tuesday that it is opening up a new location in Indore, India--its first expansion into India. According to TaskUs, the new office is part of a plan to rapidly expand in the country. TaskUs already had operations in the Philippines, the United States, Taiwan, and Mexico. (More... <http://www.socaltech.com/fullstory/0079041.html>) *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>) *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 *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 *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 *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] *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 ------------------------------ *Recent Funding <#funding>* 10/23/19 LegalMation <http://www.socaltech.com/intelligence/?action=showdeal&id=98616> Los Angeles $0.00 M 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 ------------------------------ *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 November 22, Los Angeles -- *Los Angeles Auto Show 2019* Los Angeles Auto Show 2019. The Los Angeles Auto Show welcomes visitors from Southern California and beyond to Los Angeles’ biggest annual gathering. Over the course of ten days, visitors come together to celebrate car culture, connect with their favorite automotive brands, test drive the latest vehicles, explore the nation’s largest public aftermarket showcase and even discover transportation services that are changing how we get from point A to point B. With a variety of activations and experiential showcases, the LA Auto Show has something for everyone. See http://www.socaltech.com/calendar/eventid/26520 ------------------------------ *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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