*socaltech.com <http://socaltech.com> TechNews - Monday, December 9, 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 * - Zillow Expands Home Buying Service To LA, OC <#0079248> - Whistle Adds AI Modules <#0079245> - NextGen Healthcare Completes Medfusion Buy <#0079246> - Arrowhead Pharmaceuticals Raises $266.8M In Public Offering <#0079247> - Rocket Lab Puts Seven More Satellites Into Space <#0079244> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> - Become a Socaltech Supporter! <#ad724> - BDO - Southern California Technology Industry Team <#ad737> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Monday, December 9, 2019* *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/ *Zillow Expands Home Buying Service To LA, OC* <http://www.socaltech.com/fullstory/0079248.html> Online real estate site Zillow is expanding its home buying service, Zillow Offers, to the Los Angeles and Orange County markets, saying this morning that it will now let homeowners sell their homes directly to the company, to avoid the hassles of selling their home. According to Zillow, Zillow Offers also is available in the Inland Empire (Riverside) and San Diego. Zillow said that Los Angeles represents the largest market now where Zillow Offers is available. (More... <http://www.socaltech.com/fullstory/0079248.html>) *Whistle Adds AI Modules* <http://www.socaltech.com/fullstory/0079245.html> Los Angeles-based Whistle, which develops a software platform for hotels to text message their guests, said this morning that it has added new artificial intelligence capabilities to its software. According to Whistle, its AI module provides conversational AI and machine learning capabilities, which can guest messages and, in some instances, automatically prompt the appropriate response back to the guest. The company says the software also provides suggested responses to team members. (More... <http://www.socaltech.com/fullstory/0079245.html>) *NextGen Healthcare Completes Medfusion Buy* <http://www.socaltech.com/fullstory/0079246.html> Irvine-based NextGen Healthcare says it has completed its acquisition of Medfusion, which had been announced in November. The deal was worth $43M in cash, according to earlier announcements on the details of the deal. NextGen Healthcare develops software for the medical, behavioral, and dental provider market. (More... <http://www.socaltech.com/fullstory/0079246.html>) *Arrowhead Pharmaceuticals Raises $266.8M In Public Offering* <http://www.socaltech.com/fullstory/0079247.html> Pasadena-based Arrowhead Pharmaceuticals has raised $266.8M in a public offering of its stock, on the NASDAQ, where it trades as ARWR. According to Arrowhead Pharmaceuticals, it sold 4,600 shares of its common stock, at $58.00 per share. The offering was run by Goldman Sachs & Co. LLC, Jefferies LLC and Piper Jaffray & Co., along with Cantor Fitzgerald & Co., Robert W. Baird & Co. Incorporated and B. Riley FBR, Inc. (More... <http://www.socaltech.com/fullstory/0079247.html>) *Rocket Lab Puts Seven More Satellites Into Space* <http://www.socaltech.com/fullstory/0079244.html> Huntington Beach-based Rocket Lab successfully put seven more satellites into space early Friday morning from its launch site in New Zealand, in the company's tenth launch. Rocket Lab launched another of its Electron rockets into space at 6:18am PST, in a mission it called "Running Out of Fingers". ( More... <http://www.socaltech.com/fullstory/0079244.html>) *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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 *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] *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 ------------------------------ *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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 12, Hollywood -- *LAVA Holiday Party and Global LAVA Relaunch* LAVA Holiday Party and Global LAVA Relaunch. LAVA Holiday Party and Global LAVA Relaunch! Join us for a celebration of the season and the success of 2019! A special Holiday Party and relaunch of Global LAVA. Special Venue is Delair Studios in Hollywood. Come visit with LAVA members and Friends. Also featured is the Delair Studio Screening Room and a special screening using a new cinematic projection and audio system. See http://www.socaltech.com/calendar/eventid/26599 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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