*socaltech.com <http://socaltech.com> TechNews - Friday, December 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 * - Video Interview: Brad Rice, Homepie <#0079312> - InStride Adds Material From Harvard Business School Online <#0079314> - Xencor Adds To Board <#0079313> - Culture Genesis Buys All Def <#0079311> - Ring Passwords Available On Dark Web <#0079310> - Report: Ring Could Do A Lot More For Camera Security <#0079309> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#ad694> - Support Our News Coverage - Become A Member Today! <#ad680> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - BDO - Southern California Technology Industry Team <#ad737> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> *Friday, December 20, 2019* *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 *Video Interview: Brad Rice, Homepie* <http://www.socaltech.com/fullstory/0079312.html> Our video interview today is with *Brad Rice*, the CEO and founder of *Homepie* (www.homepie.com), a very early stage startup working on a marketplace to buy and sell homes, without an agent. (More... <http://www.socaltech.com/fullstory/0079312.html>) *InStride Adds Material From Harvard Business School Online* <http://www.socaltech.com/fullstory/0079314.html> Los Angeles-based InStride, a developer of a service which allows employers to help their employees earn degrees online, says it has added new programs from Harvard Business School Online. Fiancial details of the deal were not announced. According to InStride, Harvard Business School started its online programs six years ago, and now has seen nearly 70,000 participants who have completed courses in one of their programs. InStride is led by CEO Vivek Sharma. (More... <http://www.socaltech.com/fullstory/0079314.html>) *Xencor Adds To Board* <http://www.socaltech.com/fullstory/0079313.html> Monrovia-based biopharmaceuticals developer Xencor announced on Friday morning that it has naed a new member of its board of directors. According to the company, it has appointed Dagmar Rosa-Bjorkeson, the former Executive Vice President and Chief Strategy and Development Officer at Mallinckrodt Pharmaceuticals to its board. (More... <http://www.socaltech.com/fullstory/0079313.html>) *Culture Genesis Buys All Def* <http://www.socaltech.com/fullstory/0079311.html> Santa Monica-based Culture Genesis, the venture-backed "digital studio" funded by Mucker Capital, betaworks, plus actor T.I., Grand Hustle founder Jason Geter, and NBA star Baron Davis, has acquired All Def, the media and content company which was founded in 2013 by hip-hop's Russell Simmons. Financial terms of the acquisition were not announced. According to Culture Genesis, the acquisition is the company's first. (More... <http://www.socaltech.com/fullstory/0079311.html>) *Ring Passwords Available On Dark Web* <http://www.socaltech.com/fullstory/0079310.html> In what appears to be the season for stories on how easy it is to gain unauthorized access to cameras from Santa Monica-based Ring, a report published Thursday from Techcrunch says over 1,500 passwords for Ring cameras are available on the "dark web" giving full access to Ring cameras. The "dark web" is the part of the Internet, where anonymous transactions allow for trading of often compromised and hacked information. (More... <http://www.socaltech.com/fullstory/0079310.html>) *Report: Ring Could Do A Lot More For Camera Security* <http://www.socaltech.com/fullstory/0079309.html> In a continued series of reports critiquing Santa Monica-based Ring, a new report--from the Verge--says that there's a lot more that Ring could do to ensure camera security, including checking to make sure users aren't using previously compromised passwords, making sure users aren't logging in from an unfamiliar IP address, and doesn't send users notifications when there are logins from unfamiliar devices. (More... <http://www.socaltech.com/fullstory/0079309.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/ *Support Our News Coverage - Become A Member Today! <http://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *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] *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] ------------------------------ *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. 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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