*socaltech.com <http://socaltech.com> TechNews - Friday, February 7, 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 * - ITC Investigating Sonos Complaint Against Google <#0079492> - Ingram Micro Buys Ictivity <#0079491> - AllVoices Gets $3M For Anonymous Reporting <#0079490> - Report: Fair, Uber Part Ways On Leasing Program <#0079489> - Snafu Records Raises $2.9M To Use AI To Find Musical Talent <#0079488> - SpaceX Plans To Spin Off Starlink Via IPO <#0079487> - Semtech Powers New Product To Find Abnormal Energy Use On The Grid <#0079485> *Marketplace* - Become a Socaltech Supporter! <#ad724> - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Friday, February 7, 2020* *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 *ITC Investigating Sonos Complaint Against Google* <http://www.socaltech.com/fullstory/0079492.html> The U.S. International Trade Commission has taken up a complaint, filed by Santa Barbara-based Sonos, that Google has been importing and selling goods which Sonos says infringe upon its patents. According to the ITC, it is investigating Google and parent company Alphabet, over the allegations by Sonos that Google has violated parts of the Tariff Act of 1930, by selling certain audio products and controllers. The move is the latest in a big battle between Sonos and Google. (More... <http://www.socaltech.com/fullstory/0079492.html>) *Ingram Micro Buys Ictivity* <http://www.socaltech.com/fullstory/0079491.html> Irvine-based Ingram Micro said on Thursday that it has acquired Ictivity, a provider of European IT services. According to Ingram Micro, the acquisition will expand its portfolio of high value, IT services in Europe. Ictivity is based in the Netherlands, and provides consulting, implementation and managed services. Financial terms of the acquistion were not announced. (More... <http://www.socaltech.com/fullstory/0079491.html>) *AllVoices Gets $3M For Anonymous Reporting* <http://www.socaltech.com/fullstory/0079490.html> Los Angeles-based AllVoices, a new startup which helps companies collect anonymous feedback on such areas as harassment, bullying, bias, and other problems in their organizations, has raised $3M in a seed funding round, the company said on Thursday. The startup said the funding came from Crosscut Ventures, Greycroft Ventures, Halogen Ventures, and Vitalize VC. The startup is led by CEO Claire Schmidt, who previously was an executive at 20th Century Fox. (More... <http://www.socaltech.com/fullstory/0079490.html>) *Report: Fair, Uber Part Ways On Leasing Program* <http://www.socaltech.com/fullstory/0079489.html> Los Angeles-based car leasing service Fair, and on-demand ride service Uber will no longer work together to connect Uber drivers with Fair's services, according to a report on Thursday. According to Fair, the move came due "to an unexpected increase in insurance premiums" which would have affected its rideshare drivers. Fair says it will wind down its weekly ridesharing service over the next few months. (More... <http://www.socaltech.com/fullstory/0079489.html>) *Snafu Records Raises $2.9M To Use AI To Find Musical Talent* <http://www.socaltech.com/fullstory/0079488.html> Los Angeles-based Snafu Records said on Thursday that it has launched a new startup, which will use artificial intelligence to help find musical talent. The company, founded by Ankit Desai, said it raised $2.9M in a seed funding, which came from TrueSight VEntures, along with Day One Ventures, plus such angels as Agnetha Faltskog (ABBA), John Bonten (Spotify), Samanta Hegedus Stewart (William Morris), Jesper Theil Thomsen (Soundboks), and Nicholas SHekerdemian (Headstart.io). (More... <http://www.socaltech.com/fullstory/0079488.html>) *SpaceX Plans To Spin Off Starlink Via IPO* <http://www.socaltech.com/fullstory/0079487.html> Hawthorne-based SpaceX is planning to spin off its satellite launch arm, Starlink, via an IPO, according to Bloomberg. SpaceX has been launching a massive fleet of thousands of satellites into space to provide Internet access across the globe. The plans for a potential IPO and spinout of Starlink came from SpaceX's President Gwynne Shotwell, at a JPMorgan Chase & Co. event, according to Bloomberg. (More... <http://www.socaltech.com/fullstory/0079487.html>) *Semtech Powers New Product To Find Abnormal Energy Use On The Grid* <http://www.socaltech.com/fullstory/0079485.html> Camarillo-based Semtech, the developer of analog and mixed signal semiconductors, has applied its LoRa low power wireless networking technology to a new product, which detects abnormal spikes in energy consumption in city substations. (More... <http://www.socaltech.com/fullstory/0079485.html>) *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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 *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 *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 <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $26 billion in assets and 76 branches primarily located in California, with one in Denver, Colorado and another 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 about the Venture Banking Group, visit www.pacwest.com/lending-solutions/venture-lending, or send an email to Brian Weber at [email protected] ------------------------------ *Recent Funding <#funding>* 2/05/20 Gento <http://www.socaltech.com/intelligence/?action=showdeal&id=99607> Los Angeles $5.00 M 2/05/20 NGD Systems <http://www.socaltech.com/intelligence/?action=showdeal&id=99605> Irvine $20.00 M 2/05/20 HopSkipDrive <http://www.socaltech.com/intelligence/?action=showdeal&id=99606> South Pasadena $22.00 M 2/04/20 Retina <http://www.socaltech.com/intelligence/?action=showdeal&id=99543> Santa Monica $2.50 M 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 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 ------------------------------ *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 March 4, Santa Monica -- *The Montgomery Summit* *NEW* . See http://www.socaltech.com/calendar/eventid/26613 March 5, Pasadena -- *SCALE 18x* SCALE is North America's leading open source community conference. Held annually in the greater Los Angeles area the conference draws over 3500 attendees from around the globe. See http://www.socaltech.com/calendar/eventid/26575 March 5, Santa Monica -- *The Montgomery Summit* *NEW* . See http://www.socaltech.com/calendar/eventid/26614 ------------------------------ *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. 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