*socaltech.com <http://socaltech.com> TechNews - Thursday, December 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 * - Interview with Joel Milne, RepairSmith, Daimler's Mobile Auto Repair Venture <#0079303> - Rubicon Project Merges With Telaria <#0079306> - GoodRx Names CTO <#0079307> - DTS' Parent Firm, Xperi, Merges With TiVo <#0079308> - Sony's Michael Lynton Backs Jumpstart <#0079305> - Beyond Meat Extends To Breakfast At Carl's Jr. And Hardee's <#0079304> - GIGXR Acquires Assets Of Pearson Immersive Learning Group, Finds $1M <#0079302> *Marketplace* - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Stubbs Alderton & Markiles Preccelerator <#ad694> - BDO - Southern California Technology Industry Team <#ad737> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - UK Government's Department for International Trade (DIT) <#ad756> *Thursday, December 19, 2019* *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. *Interview with Joel Milne, RepairSmith, Daimler's Mobile Auto Repair Venture* <http://www.socaltech.com/fullstory/0079303.html> Our interview this morning is with Joel Milne, the CEO of Los Angeles-based RepairSmith (www.repairsmith.com), a startup offering up mobile automobile repair. We spoke with Joel about how the company is trying to reinvent the car repair experience. Milne is a serial entrepreneur, and last had been running ScoreBig. RepairSmith is backed by Daimler AG. (More... <http://www.socaltech.com/fullstory/0079303.html>) *Rubicon Project Merges With Telaria* <http://www.socaltech.com/fullstory/0079306.html> Los Angeles-based advertising technology developer and advertising marketplace operator Rubicon Project has merged with Telaria, a fellow online advertising company, in a stock-for-stock exchange. According to the two companies, they are in a stock-for-stock merger at an exchange ratio of 1.082 shares of Rubicon Project (NYSE:RUBI) common stock for each share of Telaria (NYSE: TLRA) common stock. Telaria stockholders expected to own approximately 47. (More... <http://www.socaltech.com/fullstory/0079306.html> ) *GoodRx Names CTO* <http://www.socaltech.com/fullstory/0079307.html> Santa Monica-based GoodRx, a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's Chief Technology Officer. Mulkey is a veteran of Southern California's technology world, and was most recently Chief Product Officer at Aspiration, was CTO of Ticketmaster for five years, and also was at Shopzilla (now Connexity) for 14 years. (More... <http://www.socaltech.com/fullstory/0079307.html>) *DTS' Parent Firm, Xperi, Merges With TiVo* <http://www.socaltech.com/fullstory/0079308.html> X (More... <http://www.socaltech.com/fullstory/0079308.html>) *Sony's Michael Lynton Backs Jumpstart* <http://www.socaltech.com/fullstory/0079305.html> Michael Lynton, the LA-based angel who is Chairman and CEO at Sony Pictures, and also chairman of Snap, Inc., is one of the backers in a new startup focused on workforce diversity. According to Jumpstart, it raised $8.5M in a Series A funding round, which was led by Sequoia Capital, and also included Lynton and Joshua Steiner (Castleton Commodities International). Jumpstart says it helps make "recruiting fair for all" and make it easier for companies to tap into a wider range of candidates. ( More... <http://www.socaltech.com/fullstory/0079305.html>) *Beyond Meat Extends To Breakfast At Carl's Jr. And Hardee's* <http://www.socaltech.com/fullstory/0079304.html> El Segundo-based Beyond Meat, which develops plant-based burgers and protein, is extending its deal with CKE, the parent company of Carl's Jr. and Hardee's, to offer up new offerings for breakfast. According to the companies, Carl's Jr. and Harde's will now offer up plant-based Beyond Meat options for breakfast, lunch, and dinner. Beyond Meat's burgers have been featured at Carl's Jr. (More... <http://www.socaltech.com/fullstory/0079304.html>) *GIGXR Acquires Assets Of Pearson Immersive Learning Group, Finds $1M* <http://www.socaltech.com/fullstory/0079302.html> Venice, California-based GIGXR, a new startup, has acquired the assets of Pearson Immersive Learning Group, a unit of publishing firm Pearson, and raised $1M in a seed funding round, the company disclosed today. Financial terms of the acquisition were not announced. GIGXR is led by CEO David King Lassman, who previously founded Vyclone. (More... <http://www.socaltech.com/fullstory/0079302.html>) *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] *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/ *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] *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 ------------------------------ *Recent Funding <#funding>* 12/17/19 Trust & Will <http://www.socaltech.com/intelligence/?action=showdeal&id=99145> San Diego $6.00 M 12/17/19 ChromaCode, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99144> Carlsbad $28.00 M 12/11/19 XOKind <http://www.socaltech.com/intelligence/?action=showdeal&id=99036> San Diego $1.60 M 12/11/19 Camino Financial <http://www.socaltech.com/intelligence/?action=showdeal&id=99037> Los Angeles $8.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html January 16, Santa Monica -- *LA CEOs: Sales - Close More Business and Scale* LA CEOs: Sales - Close More Business and Scale. Start off your year with LA's top tech CEOs and our special guest Carrie Lauby, an LA-based sales expert with over 25 years growing B2B2C SaaS companies. This sponsor supported FREE event is restricted to qualified CEOs & CFOs only. Confirmed RSVP required.. See http://www.socaltech.com/calendar/eventid/26603 ------------------------------ *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. 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