*socaltech.com <http://socaltech.com> TechNews - Tuesday, March 17, 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 * - Phase Four Wins SBIR Contract <#0079639> - InvestCloud Wins James Hambro & Partners <#0079638> - Maravai LifeSciences Buys MockV Solutions <#0079637> - MeWe Lauches New Features, Aims At Those Stuck Inside <#0079640> - Rocket Lab Buys Sinclair Interplanetary <#0079636> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> *Tuesday, March 17, 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 *Phase Four Wins SBIR Contract* <http://www.socaltech.com/fullstory/0079639.html> El Segundo-based Phase Four, a developer of radio frequency (RF) plasma engines for in-space propulsion, announced this morning that it has received a SBIR Phase I contract by Air Force tech accelerator AFWERX, in partnership with the Air Force Research Laboratory and the National Security Innovation Network. Size of the contract was not annoucned. According to Phase Four, the contract will be used to adapt its in-space propulsion system to meet the needs of defense users. (More... <http://www.socaltech.com/fullstory/0079639.html>) *InvestCloud Wins James Hambro & Partners* <http://www.socaltech.com/fullstory/0079638.html> Los Angeles-based InvestCloud, which develops software used by wealth managers for client communications, management, and other client services, says it has signed up wealth management group James Hambro & Partners (JH&P). According to InvestCloud, JH&P will use its apps to enable digital client communication, automation and management. Financial impact of the win, and terms of the contract between the companies were not announced. InvestCloud is backed by FTV Capital. (More... <http://www.socaltech.com/fullstory/0079638.html>) *Maravai LifeSciences Buys MockV Solutions* <http://www.socaltech.com/fullstory/0079637.html> San Diego-based Maravai LifeScienecs, a provider of life sciences reagents and services to the biotech industry, said this morning that it has acquired MockV Solutions, a provider of products used in the development of biopharmaceutical manufacturing processes. Financial terms of the acquisition were not announced. MockV's products are used as part of bioprocess impurity testing, a key step in development and manufacturing of biotherapeutics. (More... <http://www.socaltech.com/fullstory/0079637.html>) *MeWe Lauches New Features, Aims At Those Stuck Inside* <http://www.socaltech.com/fullstory/0079640.html> Los Angeles-based social network MeWe, which runs a social networking service, says it has rolled out a new feature specifically aimed at people who are stuck indoors and in self quarantine during the coronavirus outbreak. According to the company it has launched a "dual-camera video" feature, which work on any social network, which lets users record video from both their inward and outward facing cameras on their phone at the same time. (More... <http://www.socaltech.com/fullstory/0079640.html>) *Rocket Lab Buys Sinclair Interplanetary* <http://www.socaltech.com/fullstory/0079636.html> Huntington Beach-based Rocket Lab, the provider of satellite launch services, said on Monday that it has acquired Sinclair Interplanetary, a developer of satellite hardware. Financial details of the buy were not announced. According to Rocket Lab, the buy will strengthen the satellite division of the company, which produces its Photon spacecraft. Sinclair Interplanetary is based in Toronto, Canada, and was founded in 2001. Rocket Lab said that more than 90 satellites use its hardware. (More... <http://www.socaltech.com/fullstory/0079636.html>) *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 *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. ------------------------------ *Recent Funding <#funding>* 3/03/20 TaleSpin LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <http://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <http://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 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 2/20/20 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 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 Gento <http://www.socaltech.com/intelligence/?action=showdeal&id=99607> Los Angeles $5.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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. 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