*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 26, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------
*Sponsored By * 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 * - Fifth Wall Raises New, $100M Retail Fund <#0079568> - Virgin Galactic Starts Taking Deposits For Spaceflights <#0079565> - Encantos Links With Teachers With Educator In Residence Program <#0079566> - DoorDash, The Cheesecake Factory Offer Up Free Cheesecake Offer <#0079567> - Bird Tests Payment Feature In LA <#0079564> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Recurring Revenue Conference - April 28 & 29 - Marina Del Rey <#ad761> - Become a Socaltech Supporter! <#ad724> *Wednesday, February 26, 2020* *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]. *Fifth Wall Raises New, $100M Retail Fund* <http://www.socaltech.com/fullstory/0079568.html> Los Angeles-based venture investor Fifth Wall has raised a new, $100M venture capital fund, which it says will invest in "emerging brands and retail concepts". The new $100M Retail Fund is backed by real estate owners and service providers, including Acadia Realty Trust, Cushman & Wakefield, Macerich, and Nuveen Real Estate. Fifth Wall said this new fund includes more than 50 corporate strategic investors. (More... <http://www.socaltech.com/fullstory/0079568.html>) *Virgin Galactic Starts Taking Deposits For Spaceflights* <http://www.socaltech.com/fullstory/0079565.html> Mojave-based space tourism provider Virgin Galactic said late last night that it has launched a new program, which will allow people to pay a fully refundable, registration fee of $1,000 in order to receive the chance to book a seat on future spaceflights. According to Virgin Galactic, the new One Small Step program will put potential customers in the "front of the line for new seats", and will only be limited to a few people. (More... <http://www.socaltech.com/fullstory/0079565.html>) *Encantos Links With Teachers With Educator In Residence Program* <http://www.socaltech.com/fullstory/0079566.html> Culver City-based Encantos, the venture-backed developer of family entertainment education brands which raised $2M in January, says it has launched a new program which links the company with educators, the companys said today. Encantos said its new "Educator in Residence" program will connect the company with educators around the world who are "inspiring 21st century kids to learn 21st century skills. (More... <http://www.socaltech.com/fullstory/0079566.html>) *DoorDash, The Cheesecake Factory Offer Up Free Cheesecake Offer* <http://www.socaltech.com/fullstory/0079567.html> Calabasas-based restaurant chain The Cheesecake Factory and door-to-door delivery service DoorDash are ramping up efforts to get people to order from the restaurant at lunch, with a free cheesecake offer, the two said today. According to The Cheesecake Factory, any of its customers who order more than $15 or more through DoorDash through March 25th will receive one slice of any of its 30 flavors of cheesecake. The offer requires users to use the promo code LUNCHSLICE at checkout. (More... <http://www.socaltech.com/fullstory/0079567.html>) *Bird Tests Payment Feature In LA* <http://www.socaltech.com/fullstory/0079564.html> Los Angeles-based on-demand scooter service operator Bird is taking a look at the local payment space, and is piloting a new service called Bird Pay, which lets its users pay for items at local businesses using their Bird app. According to Bird, the new payment feature was "created in direct response to requests from local businesses." The feature currently is being tested at a "select" few local businesses in LA and Santa Monica. (More... <http://www.socaltech.com/fullstory/0079564.html>) *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 *Recurring Revenue Conference - April 28 & 29 - Marina Del Rey <https://www.recurringrevenueconference.com/>* Recurring Revenue Conference - April 28 & 29 - Marina Del Rey WHAT YOU'LL DISCOVER • Why investors continue to pay premium prices for companies with subscription revenue models • How leaders of successful subscription-based businesses are managing explosive growth • Why building/optimizing ongoing customer relationships is the lifeblood of subscription businesses • How to reduce Customer Acquisition Cost (CAC) while maintaining steady growth • How to increase customer lifetime value (LTV) Register today! https://www.recurringrevenueconference.com/ • Key insights to avoiding churn before it happens https://www.recurringrevenueconference.com/ *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. ------------------------------ *Recent Funding <#funding>* 2/21/20 Brace <http://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 M 2/20/20 Cloudbreak Health, LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 M 2/20/20 SmartBug Media <http://www.socaltech.com/intelligence/?action=showdeal&id=99733> Irvine $0.00 M 2/19/20 Digital Motors <http://www.socaltech.com/intelligence/?action=showdeal&id=99731> Irvine $0.00 M 2/18/20 Open Raven <http://www.socaltech.com/intelligence/?action=showdeal&id=99721> Marina Del Rey $4.10 M 2/13/20 GumGum <http://www.socaltech.com/intelligence/?action=showdeal&id=99720> Santa Monica $22.00 M 2/13/20 Seqster <http://www.socaltech.com/intelligence/?action=showdeal&id=99719> San Diego $0.00 M 2/12/20 HEADSPACE, INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=99703> Santa Monica $53.00 M 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 ------------------------------ *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 March 23, Los Angeles -- *Digital Summit LA* Digital Summit LA. Come experience the most impactful offering of digital marketing tips, strategies, and best practices, while networking with over 1000+ marketing professionals just like you. See http://www.socaltech.com/calendar/eventid/26611 ------------------------------ *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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