*socaltech.com <http://socaltech.com> TechNews - Tuesday, November 19, 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 * - Heliogen, Backed By Bill Gates, Idealab and Nantworks, Aims At Solar Thermal <#0079171> - SpaceX, Tyvak Nano-Satellite Selected For NASA Lunar Landing Effort <#0079170> - XPRIZE Launches New $10M Prize, The Rainforest XPRIZE <#0079169> - Inseego Names Product Management VP <#0079168> - Catasys Swizzles Board <#0079167> - AutoVitals Gets Private Equity Investment <#0079166> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> - UK Government's Department for International Trade (DIT) <#ad756> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#ad753> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> *Tuesday, November 19, 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 *Heliogen, Backed By Bill Gates, Idealab and Nantworks, Aims At Solar Thermal* <http://www.socaltech.com/fullstory/0079171.html> Pasadena-based Heliogen, a clean energy startup which is backed by such notable investors as Bill Gates, Idealab and local billionaire Dr. Patrick Soon-Shiong of NantWorks, says it has demonstrated for the first time, concentrated solar energy which exceeds temperatures greater than 1,000 degrees Celsius. The startup says it is looking to use sunlight to create and replace fossil fuels, using concentrated sunlight for industrial processes and hydrogen fuel creation. ( More... <http://www.socaltech.com/fullstory/0079171.html>) *SpaceX, Tyvak Nano-Satellite Selected For NASA Lunar Landing Effort* <http://www.socaltech.com/fullstory/0079170.html> Two, Southern California companies--Hawthorne-based SpaceX and Irvine-based Tyvak Nano-Satellite Systems, have both been selected as part of a NASA program aimed at landing payloads to the Moon. According to NASA, the two are part of five companies which will take part in NASA's Commercial Lunar Payload Services (CLPS), which will make them eligible to bid on proposals to provide deliveries to the surface of the moon. The two are part of what are now 14 participants in the program. ( More... <http://www.socaltech.com/fullstory/0079170.html>) *XPRIZE Launches New $10M Prize, The Rainforest XPRIZE* <http://www.socaltech.com/fullstory/0079169.html> Los Angeles-based XPRIZE announced a brand new competition, the $10M Rainforest XPRIZE. According to the organization, the new competition will run for four years and calls on innovators to create technology capable of identifying and cataloging rainforest biodiversity and develop insights that may lead to a new bioeconomy through standing forests. ( More... <http://www.socaltech.com/fullstory/0079169.html>) *Inseego Names Product Management VP* <http://www.socaltech.com/fullstory/0079168.html> San Diego-based 5G device maker Inseego said this morning that it has named Adam Gould as Senior Vice President, Product Management, IoT & Mobile solutions. Gould was most recently CEO of QuantalRF, a developer of low-power, high sensitivity RF technology. He was also VP of Market and Technology Disruption at ARM, and CEO of Sensinode; and also had served at NextWave Broadband, Motorola, and Nokia. Inseego said that Gould will lead the company's efforts on 5G and its IIoT product line. ( More... <http://www.socaltech.com/fullstory/0079168.html>) *Catasys Swizzles Board* <http://www.socaltech.com/fullstory/0079167.html> Santa Monica-based Catasys, a developer of artificial intelligence-enabled healthcare technology, said this morning that it has named Gustavo Giraldo to its board of directors, replacing existing director Sharon Gabrielson. Giraldo is currently President of Behavorial and Specialty Health at Magellan Health, and previously had been Chief Operating Officer for Chubb's Latin American life, accident, and health business, as well as served at Cigna for 18 years. ( More... <http://www.socaltech.com/fullstory/0079167.html>) *AutoVitals Gets Private Equity Investment* <http://www.socaltech.com/fullstory/0079166.html> Goleta-based AutoVitals, which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners. According to AutoVitals, the strategic growth investment will go to expand and enhance its offerings. As part of the investment, the company said it named a new CEO, Jon Belmonte, to lead the company. ( Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=22387>)( More... <http://www.socaltech.com/fullstory/0079166.html>) * 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. * 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 * 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 ------------------------------ * Recent Funding <#funding> * 11/13/19 Avidity Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=98748> La Jolla $100.00 M 11/06/19 HMBradley <http://www.socaltech.com/intelligence/?action=showdeal&id=98692> Santa Monica $3.50 M 11/06/19 Valence <http://www.socaltech.com/intelligence/?action=showdeal&id=98693> Los Angeles $2.50 M 11/05/19 Clarify Medical <http://www.socaltech.com/intelligence/?action=showdeal&id=98631> San Diego $18.00 M 11/04/19 Boulevard <http://www.socaltech.com/intelligence/?action=showdeal&id=98629> Santa Monica $11.00 M 11/04/19 BuildOps <http://www.socaltech.com/intelligence/?action=showdeal&id=98630> Santa Monica $5.80 M 10/31/19 AutoVitals, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=98799> Santa Barbara $0.00 M 10/29/19 Scopely <http://www.socaltech.com/intelligence/?action=showdeal&id=98626> Culver City $200.00 M 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 ------------------------------ * Upcoming Events * Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html November 19, Santa Monica -- *Preccelerator Workshop: Pivoting with Constraints w/ Jim Cooper, Braid Theory * Preccelerator Workshop: Pivoting with Constraints w/ Jim Cooper, Braid Theory. Pivoting with Constraints Direction and position of a company's pivot, relative to risk and other factors, strongly affects how a startup progresses through barriers and objects in the market. These constraints can be difficult for a startup to identify, navigate and adjust to. By applying the constraint model, allows alignment to pivoting. To know more about this characteristic of constraints, make sure you're familiar with the "axis" of your company. Pivoting can be disastrous for some companies without intellectual capital and customer evidence to support the move. In this workshop we investigate the challenges. See http://www.socaltech.com/calendar/eventid/26577 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 21, Culver City -- *CTOs on Emerging Technologies and Business Transformation * CTOs on Emerging Technologies and Business Transformation. AITP-LA. A distinguished panel of technology executives will share in-depth views of emerging technologies having transformative impacts to our world and implications going forward. Jeffrey Sullivan, CTO, Cloud Fax, J2 Global Paul Barros, CTO of Currency Drew Tennanbaum, CTO of Atom Tickets Tony Karrer, Founder & CEO of TechEmpower, Founder & CTO of Aggregage. See http://www.socaltech.com/calendar/eventid/26587 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 November 23, 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/26521 November 24, 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/26522 November 25, 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/26523 November 26, 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/26524 November 27, 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/26525 November 28, 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/26526 November 29, 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/26527 November 30, 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/26528 December 1, 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/26529 December 10, Santa Monica -- *Preccelerator Workshop: Employment Contracts & Alternative Compensation for Startups with Louis Wharton * Preccelerator Workshop: Employment Contracts & Alternative Compensation for Startups with Louis Wharton. Equity & Alternative Compensation Structures for Startups For a company founder, it is easy to understand the benefits of providing stock or stock options to employees. It’s a way of compensating employees that doesn’t drain cash from the business. Employees will feel invested in the future success of the company. Join us to get insights and wisdom about maximizing opportunities and minimizing mistakes in creating equity compensation. See http://www.socaltech.com/calendar/eventid/26591 December 17, Santa Monica -- *Preccelerator Workshop: Term Sheets w/ Caroline Cherkassky & Kelly Laffey * Preccelerator Workshop: Term Sheets w/ Caroline Cherkassky & Kelly Laffey. Topics that will be covered include: Type of financing: convertible notes vs SAFEs vs priced equity rounds Convertible notes and SAFEs: caps, discounts, and other key terms Priced equity rounds: economic provisions, voting rights, and other key terms. See http://www.socaltech.com/calendar/eventid/26592 ------------------------------ * 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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