*socaltech.com <http://socaltech.com> TechNews - Monday, February 3, 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. Pacific Western Bank, Venture Banking Group (http://www.pacwest.com/lending-solutions/venture-lending) 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 * - Ligand Pharmaceuticals Supporting Coronavirus Treatment Effort <#0079463> - Western Digital Sells Off ActiveScale <#0079462> - Smart Energy Water Teams With Wipro <#0079464> - Yardi Donates $250,000 For Australia Fire Relief, Recovery <#0079466> - Truvian Sciences Names SVP Engineering <#0079465> - NVCA Cheers Proposal To Let Banks Invest In VC Funds <#0079461> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> *Monday, February 3, 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 *Ligand Pharmaceuticals Supporting Coronavirus Treatment Effort* <http://www.socaltech.com/fullstory/0079463.html> San Diego-based Ligand Pharmaceuticals says that its technologies are being used by a number of its partners, including Gilead Sciences, for developing treatments for the 2019 novel coronavirus (2019-nCoV), the new virus which has caused major disruption in China and is currently threatening to cross into countries around the world. According to Ligand, its technologies have shown potential or general applicability in the antiviral or therapeutic antibody areas. (More... <http://www.socaltech.com/fullstory/0079463.html>) *Western Digital Sells Off ActiveScale* <http://www.socaltech.com/fullstory/0079462.html> Western Digital, the developer of memory and storage products which has significant operations in Orange County, has sold off its ActiveScale object storage business to Quantum Corporation, the two announced this morning. Financial details of the sale were not announced. According to the companies, the deal was between Quantum Corporation and Western Digital Technologies, Inc., a subsidiary of Western Digital Corp. (More... <http://www.socaltech.com/fullstory/0079462.html>) *Smart Energy Water Teams With Wipro* <http://www.socaltech.com/fullstory/0079464.html> Irvine-based Smart Energy Water (SEW), a provider of cloud-based energy and water software, is linking up with international IT and business process automation giant Wipro Limited, to offer up a joint offering in the utilities area, the two said this morning. According to the two, they will offer up customer experience, workforce engagement, Internet-of-Things (IoT), artificial intelligence, machine learning, and big data analytics based on SEW's products to enterprise customers globally. (More... <http://www.socaltech.com/fullstory/0079464.html>) *Yardi Donates $250,000 For Australia Fire Relief, Recovery* <http://www.socaltech.com/fullstory/0079466.html> Santa Barbara-based real estate software company Yardi is pitching in to help with relief and recovery from the wildfires which have swept over Australia in the last month, and which continue to burn, by donating $250,000 to agencies in Australia, the company said on Sunday. According to Yardi, it made that $250,000 donation split evenly between two agencies in New South Wales and Victoria. (More... <http://www.socaltech.com/fullstory/0079466.html>) *Truvian Sciences Names SVP Engineering* <http://www.socaltech.com/fullstory/0079465.html> San Diego-based Truvian, which is developing a benchtop, blood testing system to provide lab results for a number of health tests, said it has named Shane Bowen, Ph.D., as its Senior Vice President of Engineering. ( More... <http://www.socaltech.com/fullstory/0079465.html>) *NVCA Cheers Proposal To Let Banks Invest In VC Funds* <http://www.socaltech.com/fullstory/0079461.html> The National Venture Capital Association (NVCA) said this week a proposed modification to the Volcker Rule would allow commercial banks to once again invest in venture capital funds as limited partners (LPs), which it says would allow more capital to be available for venture firms to invest in startups. (More... <http://www.socaltech.com/fullstory/0079461.html>) *From Idea to IPO - KPMG’s Emerging Growth Practice < [email protected]>* KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you at any stage of your life cycle. Whether you are starting your business, strengthening your business, expanding into new markets, or pursuing an exit, we have a global network of experienced resources that can take you to the next level. For more information, please contact Ryan Youhan at [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 *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. *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>* 1/27/20 ProGuides <http://www.socaltech.com/intelligence/?action=showdeal&id=99517> Los Angeles $5.00 M 1/24/20 Crexi <http://www.socaltech.com/intelligence/?action=showdeal&id=99516> Venice $29.00 M 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 Califia Farms <http://www.socaltech.com/intelligence/?action=showdeal&id=99434> Los Angeles $225.00 M 1/15/20 H2Scan <http://www.socaltech.com/intelligence/?action=showdeal&id=99432> Unit A Valencia $10.50 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 26, Irvine -- *SoCal Startup Day* SoCal Startup Day. We are proud to announce the first annual SoCal Startup Day. We will have a jam packed day of festivities, exhibitors, investors, keynotes, fireside chats, activites, food trucks & cocktails, and the biggest startup event Orange County has ever seen! If you are looking to network and connect with Southern California's top startups, seeking funding, or just curious about the startup community, this is the event for you. See http://www.socaltech.com/calendar/eventid/26607 ------------------------------ *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. 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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