*socaltech.com <http://socaltech.com> TechNews - Wednesday, January 22, 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 * - Sonos Hardware Plan Casts Doubts On The Smart Home <#0079418> - Juris Launches AI-Powered Service To Help Renters Get Their Deposits Back <#0079417> - Acquicent Adds Advisor, Investor <#0079416> - Famous Birthdays Passes 25 Million Monthly Unique Users <#0079415> - EDF Renewables Installs Battery Storage At San Diego Zoo <#0079414> - MOX Networks, Owned By Billionaire Soon-Shiong, Expands Fiber Routes <#0079413> - FloQast Finds $40M More <#0079412> - Sonos To End Support For Older Hardware <#0079411> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> *Wednesday, January 22, 2020* *Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <https://www.bestronics.com>* Are the great ideas stacking up faster than your engineering resources can handle? Your company needs a reliable resource of analog/digital and software engineers to understand your issues, define the problem statements and lay out a course of action to output hardware products ready for integration into your system. Our unique capabilities, used by many in the medical, scientific, military and aerospace industries, allow us to offer engineering services that result in deliverable, production ready subsystems so you can concentrate on targeting your customer base and not stressing about the right mix and numbers of engineering talent needed to see your vision become reality. Contact us at http://www.bestronics.com *Sonos Hardware Plan Casts Doubts On The Smart Home* <http://www.socaltech.com/fullstory/0079418.html> The new plan announced by Santa Barbara-based Sonos to essentially "brick" all of its legacy products, is casting doubt on the lifetime of "smart homes", as loyal, early adopters of the company's products are faced with having to throw away their speakers and other hardware. (More... <http://www.socaltech.com/fullstory/0079418.html>) *Juris Launches AI-Powered Service To Help Renters Get Their Deposits Back* <http://www.socaltech.com/fullstory/0079417.html> A new, Los Angeles-based startup, Juris, said this morning that it has launched a new, artificial intelligence-powered service to help renters get their security deposits back. According to Juris, its new service, DepositLetter, uses AI-tools to help people recover illegally withheld security deposits on behalf of renters. (More... <http://www.socaltech.com/fullstory/0079417.html>) *Acquicent Adds Advisor, Investor* <http://www.socaltech.com/fullstory/0079416.html> Los Angeles-based Acquicent, the startup which is developing a marketplace that allows users to invest in "museum-grade" collectibles such as art and vintage automobiles, is announcing this morning that it has added Kevin Conroy, CEO of ConroyMedia and former director of Sotheby's, as both an advisor and ivnestor. (More... <http://www.socaltech.com/fullstory/0079416.html>) *Famous Birthdays Passes 25 Million Monthly Unique Users* <http://www.socaltech.com/fullstory/0079415.html> Santa Monica-based Famous Birthdays, which operates an online website which lets people look up the birthdays and other information on celebrities and other famous people, says it has just passed 25 million monthly unique users. The site--headed by Evan Britton--says it also just surpassed 100 million monthly video views across its social channels. (More... <http://www.socaltech.com/fullstory/0079415.html>) *EDF Renewables Installs Battery Storage At San Diego Zoo* <http://www.socaltech.com/fullstory/0079414.html> The San Diego Zoo is getting its very own, battery energy storage system, which is being installed by San Diego's EDF Renewables, according to the zoo and EDF Renewables on Tuesday. According to the two, they are now operating a 1-megawatt (MW)/4-megawatt hour (MWh) battery storage facility in Balboa Park, which will be used to mitigate spikes in the zoo's energy costs. (More... <http://www.socaltech.com/fullstory/0079414.html>) *MOX Networks, Owned By Billionaire Soon-Shiong, Expands Fiber Routes* <http://www.socaltech.com/fullstory/0079413.html> El Segundo-based MOX Networks, the fiber optic network operator owned by billionaire Dr. Patrick Soon-Shiong, is expanding in West Virginia, saying it has just added a new Columbus to Ashburn route through West Virginia. The company--which says it is in the midst of a corporate branding and identity under the name MOX--did not say how much it is spending to establish the fiber optic route, only saying it will be open by Q2 of 2020. (More... <http://www.socaltech.com/fullstory/0079413.html>) *FloQast Finds $40M More* <http://www.socaltech.com/fullstory/0079412.html> Los Angeles-based FloQast, which develops financial close management software, has raised $40M in its Series C funding round, the company said on Tuesday. The funding was led by Norwest Venture Partners. The company said it has now raised over $90M in total funding for its software products. FloQast is led by CEO Mike Whitmire. The company has previously raised fundnig from Amplify LA, Danmar Capital, Insight Venture Partners, Polaris Partners, Toba Capital, and Wavemaker Partners. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=99512>)(More... <http://www.socaltech.com/fullstory/0079412.html>) *Sonos To End Support For Older Hardware* <http://www.socaltech.com/fullstory/0079411.html> Santa Barbara-based whole-home speaker and audio system developer Sonos is ending support for its older hardware, saying this morning that its "legacy products"--including its Zone Players, Connect, Connect: Amp, first-generation Play:5, CR200, and Bridge products will no longer receive software updates or new features. (More... <http://www.socaltech.com/fullstory/0079411.html>) *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 *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] *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. *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] ------------------------------ *Recent Funding <#funding>* 1/21/20 FloQast <http://www.socaltech.com/intelligence/?action=showdeal&id=99512> Los Angeles $40.00 M 1/17/20 Homebound <http://www.socaltech.com/intelligence/?action=showdeal&id=99505> Malibu $35.00 M 1/16/20 SPINLAUNCH INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=99504> Long Beach $35.00 M 1/15/20 H2Scan <http://www.socaltech.com/intelligence/?action=showdeal&id=99432> Unit A Valencia $10.50 M 1/15/20 Califia Farms <http://www.socaltech.com/intelligence/?action=showdeal&id=99434> Los Angeles $225.00 M 1/14/20 Medsphere Systems <http://www.socaltech.com/intelligence/?action=showdeal&id=99431> Carlsbad $40.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 January 31, Burbank -- *Game Design Showcase 2020* Game Design Showcase 2020. Celebrate and play original games created by NYFA's Game Design graduating class! Join the NYFA Game Design graduating class of 2020 as they head off on their next big adventure: the real world! The NYFA Game Design Showcase features drinks, food and original video games and board games created by our MFA and BFA graduate students! Whether you are looking for a great opportunity to play new games, or a way to meet your future employees and team members, this event has something for both gamers and game industry professionals alike! The event is open to the entire Los Angeles gaming industry community, so bring a friend and get ready to play! WHEN: Friday, January 31st, 5:00p -7:30p WHERE: New York Film Academy, Los Angeles is located at 3300 Riverside Drive, Burbank, CA. *Our entrance is located on Warner Blvd. RSVP at: [email protected] (with the name of the event in the subject line. See http://www.socaltech.com/calendar/eventid/26612 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
