*socaltech.com <http://socaltech.com> TechNews - Wednesday, November 20, 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 * - Mythical Games Finds $19M For Game Studio <#0079177> - Bird Rolls Out Toy Scooter, The Birdie <#0079178> - Belkin Powering Chargers For Los Angeles Football Club <#0079176> - Hyundai Launching New Car Sharing Business In LA <#0079175> - Bird Pushes Safety With Helmet Selfie Campaign <#0079174> - Boost Mobile Founder Seeks To Buy Back Company <#0079172> - Heliogen, Backed By Bill Gates, Idealab and Nantworks, Aims At Solar Thermal <#0079171> *Marketplace* - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - BDO - Southern California Technology Industry Team <#ad737> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> *Wednesday, November 20, 2019* *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 *Mythical Games Finds $19M For Game Studio* <http://www.socaltech.com/fullstory/0079177.html> Los Angeles-based Mythical Games, a game technology studio which says it specializes in "digital ecosystems around player-owned economies", has raised $19M in a new, Series B funding round, the company said this morning. Mythical Games said the funding was led by Javelin Venture Partners, and also included new investors Avon Ventures, Alumni Ventures, and Hashed, along with its current investor Galaxy Digital (via Galaxy EOS VC Fund and Struck Capital). (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=61391>)( More... <http://www.socaltech.com/fullstory/0079177.html>) *Bird Rolls Out Toy Scooter, The Birdie* <http://www.socaltech.com/fullstory/0079178.html> Just in time for the holidays, Santa Monica-based Bird has rolled out a brand new, non-electric powered scooter for the kids--the Birdie. According to Bird, the non-electric scooter, specifically designed for kids, will be available for a limited time through the holiday season, for $129. Bird said the new scooter was "in response to demand" for something for the kids, and was actually designed by Bird's vehicle designers. (More... <http://www.socaltech.com/fullstory/0079178.html>) *Belkin Powering Chargers For Los Angeles Football Club* <http://www.socaltech.com/fullstory/0079176.html> Los Angeles-based electronics products maker Belkin has inked a deal to power charging stations at the home of the Major League Soccer's Los Angeles Football Club (LAFC), at the Banc of California stadium, the company said on Tuesday. According to Belkin, the partnership includes Belkin wireless and wired chargers, both in the luxury suites and the Stadium's concourse. Financial details of the deal were not announced. ( More... <http://www.socaltech.com/fullstory/0079176.html>) *Hyundai Launching New Car Sharing Business In LA* <http://www.socaltech.com/fullstory/0079175.html> Hyundai is getting set to launch a new, car-sharing service in Los Angeles, called Mocean Carshare, the company said this week, ahead of the Los Angeles Auto Show. According to Hyundai, its new venture, MoceanLab, will initially launch with 20, plug-in-hybrid vehicles, with plans to eventually include 300 electric vehicles in its fleet, according to the auto maker. ( More... <http://www.socaltech.com/fullstory/0079175.html>) *Bird Pushes Safety With Helmet Selfie Campaign* <http://www.socaltech.com/fullstory/0079174.html> Santa Monica-based Bird, the on-demand, scooter rental service, is hoping to encourage better safety among its riders, with a new #HelmetSelfie campaign, which it launched on Tuesday morning. According to Bird, it will offer up special incentives and ride credits to users who post a "helmet selfie", tagged with #HelmetSelfie, and forwarded to the company, in order to get more of its riders to wear helmets. Bird said it is initially rolling out the new program in Washington D.C. (More... <http://www.socaltech.com/fullstory/0079174.html>) *Boost Mobile Founder Seeks To Buy Back Company* <http://www.socaltech.com/fullstory/0079172.html> Peter Adderton, the founder of Boost Mobile, the prepaid cell phone provider now owned by Sprint, is looking to buy back the company for up to $2 billion, according to reports. Adderton--a Southern California entrepreneur who most recently was founder of local 360-degree video camera maker 360fly, which was backed by L Catterton, Hydra Ventures, and Qualcomm Ventures, founded Boost Mobile way back in 2000 when Adderton was in Australia. (More... <http://www.socaltech.com/fullstory/0079172.html>) *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>) *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 *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. ------------------------------ *Recent Funding <#funding>* 11/20/19 Mythical Games <http://www.socaltech.com/intelligence/?action=showdeal&id=98807> Sherman Oaks $19.00 M 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 BuildOps <http://www.socaltech.com/intelligence/?action=showdeal&id=98630> Santa Monica $5.80 M 11/04/19 Boulevard <http://www.socaltech.com/intelligence/?action=showdeal&id=98629> Santa Monica $11.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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. 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