*socaltech.com <http://socaltech.com> TechNews - Monday, January 13, 2020* 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 * - Japanese Billionaire Seeks Girlfriend For SpaceX Ride Around The Moon <#0079377> - Human Longevity Sells Off Division For $37M <#0079376> - Saviynt Names New Chief Revenue Officer <#0079374> - Cognitive Medical Systems Names New CEO <#0079375> - Masimo Sues Apple Over Apple Watch <#0079373> - Report: Amazon Takes Aim At Honey, Labels Extension A Security Risk <#0079372> - Grow Credit Signs Up Trash Butler For Fintech Services <#0079371> *Marketplace* - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - BDO - Southern California Technology Industry Team <#ad737> *Monday, January 13, 2020* *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/ *Japanese Billionaire Seeks Girlfriend For SpaceX Ride Around The Moon* <http://www.socaltech.com/fullstory/0079377.html> In an unusual effort to find a girlfriend, Japanese billionaire Yusaku Maezawa has launched a complicated effort to attract a partner to ride around the world in a SpaceX rocket with him. According to Maezawa--who made his fortune from Japanese online retailer Zozotown, and an earlier online mail order music album company called Start Today--he has a "long-held dream of going into space" and "wants to visit such a special place together with a special someone". (More... <http://www.socaltech.com/fullstory/0079377.html>) *Human Longevity Sells Off Division For $37M* <http://www.socaltech.com/fullstory/0079376.html> San Diego-based precision health analytics developer Human Longevity announced this morning that it has sold off its Oncology Division to NeoGenomics, in a deal worth $37M in cash. According to Human Longevity, the deal will help it focus entirely on "longevity and extending the healthy, high-performance human lifespan". The deal closed on Friday. Human Longevity's backers include Celgene, GE, and Illumina. (More... <http://www.socaltech.com/fullstory/0079376.html>) *Saviynt Names New Chief Revenue Officer* <http://www.socaltech.com/fullstory/0079374.html> Los Angeles-based identity and access management software developer *Saviynt <http://www.saviynt.com>* announced this morning that it has named Todd Rotger as the company's new Chief Revenue Officer. Rotger was previously at ServiceNow, where he was serving as Vice President of Global Sales, Security and Risk. Rotger also had served as VP of Sales U.S. East at Hewlett Packard Enterprise. Saviynt is led by CEO Amit Saha. The company says it now has more than 400 employees. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showperson&id=82316> )(More... <http://www.socaltech.com/fullstory/0079374.html>) *Cognitive Medical Systems Names New CEO* <http://www.socaltech.com/fullstory/0079375.html> San Diego-based Cognitive Medical Systems, which provides services to public and private organizations services in the area of clinical healthcare delivery, informatics, UI/UX, human factors engineering and enterprise software development, said last week that it has named Christina Murphy as its CEO. Murphy is a bio-pharma executive who also previously had served as a U.S. Marine Corps Colonel. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showperson&id=82318> )(More... <http://www.socaltech.com/fullstory/0079375.html>) *Masimo Sues Apple Over Apple Watch* <http://www.socaltech.com/fullstory/0079373.html> Irvine-based patient monitoring equipment developer Masimo has sued Apple, claiming that Apple stole its trade secrets and infringed on its patents--not to mention, hired away key employees--in order to add health monitoring features to its Apple Watch. (More... <http://www.socaltech.com/fullstory/0079373.html>) *Report: Amazon Takes Aim At Honey, Labels Extension A Security Risk* <http://www.socaltech.com/fullstory/0079372.html> Los Angeles-based Honey, the developer of a browser extension which searches out coupon codes and deals for users, has been labeled a security risk by Amazon, according to a report from Wired. Honey was recently purchased for $4 billion by PayPal. It's unclear why Amazon might be targeting Honey, however, Honey uses affiliate codes as part of its model to provide rebates to users, and likely has been gathering an outsized portion of those e-commerce revenues from online merchants. (More... <http://www.socaltech.com/fullstory/0079372.html>) *Grow Credit Signs Up Trash Butler For Fintech Services* <http://www.socaltech.com/fullstory/0079371.html> Santa Monica-based fintech startup Grow Credit said this week that it has signed up Trash Butler, a "trash valet" company which takes out the trash for apartment, student housing, and condo dwellers, and will help Trash Butler's workforce and clientele establish and build their credit. (More... <http://www.socaltech.com/fullstory/0079371.html>) *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. *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] *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 ------------------------------ *Recent Funding <#funding>* 1/10/20 Element Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=99345> San Diego $80.00 M 1/09/20 Omniome, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99344> San Diego $60.00 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html January 14, Santa Monica -- *Preccelerator Workshop: Driving with Data w/ Sari M. Kern* Preccelerator Workshop: Driving with Data w/ Sari M. Kern. All companies generate information from the day-to-day operations. The question is: how can businesses organize and use this data to drive success? This workshop will walk you through the steps of how to use data to inform strategy and make decisions. See http://www.socaltech.com/calendar/eventid/26610 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 January 21, Santa Monica -- *AppSec California 2020 - by OWASP* Join your Information Security and Developer peers on the beach! Training classes start Jan 21, with the keynotes, talks and CTFs starting Jan 23. There will be 4 concurrent break-out sessions throughout both speaker days. The best speakers from around the world have been gathering at AppSec California now for six years. We guarantee you will leave the conference with lots of new knowledge and curiosity. An outdoor reception will allow conference goers to enjoy the ocean breezes as they sip on drinks and munch on appetizers on Jan 23. See http://www.socaltech.com/calendar/eventid/26601 January 25, Pasadena -- *Caltech Entrepreneurs Forum - Entrepreneur Lessons Learned * Caltech Entrepreneurs Forum - Entrepreneur Lessons Learned. The innovation arena is blessed with founders, investors and others ready to share insights. What’s not so often clear is which of the many admonishments was key to a particular venture’s journey. We’ve asked our speakers to include in their presentations examples highlighting oft-overlooked elements of success (or failure). See http://www.socaltech.com/calendar/eventid/26602 January 28, Malibu -- *Startup World Cup - SoCal Regional hosted by LAVA and Pepperdine* Startup World Cup - SoCal Regional hosted by LAVA and Pepperdine. Startup World Cup ("SWC") offers innovation and entrepreneurship opportunities for the startup ecosystem around the world via a global series of startup conferences and competitions that bring together phenomenal startups, VCs, and world-class tech CEOs. Startups worldwide first compete at regional events, and the regional finalists will showcase themselves at the Grand Finale event in San Francisco and compete for a $1m investment prize. Application deadline January 10th. See http://www.socaltech.com/calendar/eventid/26595 January 30, Los Angeles Westside -- *Growth Capital Conference* Growth Capital Conference. Pitch to & Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp. See http://www.socaltech.com/calendar/eventid/26594 January 30, Newport Beach -- *Pitch and Learn With Investors* Pitch and Learn With Investors. Pitch and Learn engages and educates entrepreneurs on the art of pitching to investors. Pitch and Learn is meant to engage and educate entrepreneurs on the art of pitching to investors. Every pitching entrepreneur will have the opportunity to pitch their business, receive feedback from seasoned investors and then pitch again using investors’ input. The event is open to anyone to attend however, there are only 20 1-minute pitch tickets and only 4 3-minute pitch tickets available for entrepreneurs to pitch. 1 presenter per company. See http://www.socaltech.com/calendar/eventid/26606 January 30, Newport Beach -- *Pitch and Learn With Investors* Pitch and Learn With Investors. Pitch and Learn is meant to engage and educate entrepreneurs on the art of pitching to investors. Every pitching entrepreneur will have the opportunity to pitch their business, receive feedback from seasoned investors and then pitch again using investors’ input. See http://www.socaltech.com/calendar/eventid/26609 ------------------------------ *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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