*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 12, 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 * - SpaceX Crew Dragon Undergoes EMI Testing <#0079512> - Nimble Enhances Browser Extension <#0079510> - Semtech Gets Design Win In Taiwan <#0079509> - Arcules Partners With Milestone Systems <#0079511> - Canoo Inks Deal With Hyundai For Joint EV <#0079508> - Report: Hollar Shutting Down <#0079507> - Snapchat To Launch Mental Health, Wellness Tools <#0079506> *Marketplace* - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#ad753> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - Pacific Western Bank, Venture Banking Group <#ad749> - Stubbs Alderton & Markiles Preccelerator <#ad694> *Wednesday, February 12, 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 *SpaceX Crew Dragon Undergoes EMI Testing* <http://www.socaltech.com/fullstory/0079512.html> Hawthorne-based SpaceX showed off its Crew Dragon undergoing electromagnetic interference testing on Tuesday, saying that the craft is expected to fly two NASA astronauts, Bob Behnkey and Doug Hurley, to and from the International Space Station. The launch is expected to take place somewhere around May, with an initial launch target of May 7th. The launch would be the first manned lauch of the Crew Dragon to space, although a prior Crew Dragon had already been sent to the ISS with cargo. (More... <http://www.socaltech.com/fullstory/0079512.html>) *Nimble Enhances Browser Extension* <http://www.socaltech.com/fullstory/0079510.html> Santa Monica-based Nimble, the developer of a contact activity tracking tool for Office 365 and G Suite which is led by Jon Ferrara, says it has enhanced its browser extension for helping teams with their sales prospecting efforts. The company did not say which browsers the extension works for, but said that Nimble Prospector 2.0 has been redesigned to help enrich leads with business details, including email and phone numbers, logging activities, sending email templates, and more. (More... <http://www.socaltech.com/fullstory/0079510.html>) *Semtech Gets Design Win In Taiwan* <http://www.socaltech.com/fullstory/0079509.html> Camarillo-based Semtech, a developer of analog and mixed signal semiconductors, reported a design win today, with Taiwanese company YUAN High-Tech Development Co., Ltd.. According to Semtech, YUAN has integrated its technology into a new line of Software Defined Video over Ethernet (SDVoE) products. Semtech did not announce shipment volumes and financial impact of that win. The new products are used in creating video walls and other AV display applications. (More... <http://www.socaltech.com/fullstory/0079509.html>) *Arcules Partners With Milestone Systems* <http://www.socaltech.com/fullstory/0079511.html> Irvine-based Arcules, a provider of cloud-based video surveillance services, said on Tuesday that it has partnered with Milestone Systems, a provider of on-premise video management software. Financial details of the partnership were not announced. According to the two, the combined service provides a hybrid video surveillance solution for organizations looking to centralize their dispersed video surveillance operations. (More... <http://www.socaltech.com/fullstory/0079511.html>) *Canoo Inks Deal With Hyundai For Joint EV* <http://www.socaltech.com/fullstory/0079508.html> Los Angeles-based electric vehicle developer Canoo scored a major win on Tuesday, when Hyundai Motor Group said it will co-develop a new, electric vehicle based on Canoo's platform. Financial terms of the deal were not announced, however, the two said that Hyundai and its affiliate, Kia, will use Canoo's platform for both cars and commercial fleets. Canoo has said it plans to start selling its electric vehicles in 2021, via a subscription-only model. (More... <http://www.socaltech.com/fullstory/0079508.html>) *Report: Hollar Shutting Down* <http://www.socaltech.com/fullstory/0079507.html> Los Angeles-based online "dollar-store" style e-commerce provider Hollar is reportedly in the midst of winding down, according to a report on Tuesday. According to Axios, Hollar started looking for a buyer late last year, and is in a possible deal for the company's assets to be acquired by retailer Five Below--but without Hollar surviving the transaction. (More... <http://www.socaltech.com/fullstory/0079507.html>) *Snapchat To Launch Mental Health, Wellness Tools* <http://www.socaltech.com/fullstory/0079506.html> Venice, California-based Snapchat is getting set to launch a new set of tools around mental health and wellness, according to a report today. The new tools--expected to launch today--will offer up resources for dealing with anxiety, mental health, and suicide, according to the report. The features will reportedly surface when users search for certain keywords and topics related to mental health and wellness. (More... <http://www.socaltech.com/fullstory/0079506.html>) *Facilitated Off-Site Planning for Growth Companies and Venture Firms <http://www.collective-genius.com>* Peak is a facilitated team off-site that empowers growth companies and venture firms to build a Three Year Vision, One Year Plan, and Quarterly OKRs. With the vision and plan set, we provide additional tools to keep the team aligned, accountable and on track. Peak is a collection of best practices Jeff Martin founder of Collective Genius has derived from twenty plus years of experience in founding and operating technology growth companies and venture firms. We are partnered with local and national venture firms and provide portfolio partner discounts. Schedule a Pre-Camp Meeting to Learn More: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - collective-genius.com *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]. *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 *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] *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/ ------------------------------ *Recent Funding <#funding>* 2/10/20 JenaValve Technology Inc <http://www.socaltech.com/intelligence/?action=showdeal&id=99680> Irvine $50.00 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 2/05/20 Gento <http://www.socaltech.com/intelligence/?action=showdeal&id=99607> Los Angeles $5.00 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 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 ------------------------------ *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* Montgomery Summit 2020. The Montgomery Summit is an invitation-only event that gathers leading entrepreneurs, venture and growth investors, institutional investors, and industry executives from around the world. The Montgomery Summit has been held annually since 2004, and it has grown into the country’s largest private company investment conference, annually featuring presentations from the CEOs of 150 exceptional private companies, world-class keynote speakers and engaging panels and discussions. 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* Montgomery Summit 2020. The Montgomery Summit is an invitation-only event that gathers leading entrepreneurs, venture and growth investors, institutional investors, and industry executives from around the world. The Montgomery Summit has been held annually since 2004, and it has grown into the country’s largest private company investment conference, annually featuring presentations from the CEOs of 150 exceptional private companies, world-class keynote speakers and engaging panels and discussions. 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. 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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