*socaltech.com <http://socaltech.com> TechNews - Thursday, March 19, 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 * - The Trade Desk Partners With TikTok In Asia Pacific <#0079652> - Esri Offers Up Free GIS Software For COVID-19 Response <#0079651> - GeoLinks Waives Late Fees, Will Not Disconnect Customers During Pandemic <#0079650> - Milken Institute Begins Tracking COVID-19 Treatments, Vaccines <#0079649> - Uber Plans Federal Lawsuit Against LA <#0079648> - Broadband In LA Fine, But San Diego Slows Down Due To Remote Work <#0079647> - Core Innovation Capital Backs Digital Banking Startup One <#0079646> - Quidel Says It Has COVID-19 Test <#0079645> - Inseego Pushes Wireless Devices For Working From Home <#0079644> *Marketplace* - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Support Our News Coverage - Become A Member Today! <#ad680> - BDO - Southern California Technology Industry Team <#ad737> *Thursday, March 19, 2020* *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] *The Trade Desk Partners With TikTok In Asia Pacific* <http://www.socaltech.com/fullstory/0079652.html> Ventura-based advertising exchange The Trade Desk and mobile video app developer TikTok are in a new, advertising partnership covering Asia Pacific markets, the two said this morning. According to the two, the partnership will allow advertisers to directly access premium TikTok inventory across Asia-Pacific via The Trade Desk platform. Financial details of the deal were not announced. (More... <http://www.socaltech.com/fullstory/0079652.html>) *Esri Offers Up Free GIS Software For COVID-19 Response* <http://www.socaltech.com/fullstory/0079651.html> Redland-based mapping and GIS software developer Esri says it will offer up its software for free to public and private sector organizations fighting the COVID-19 disease pandemic. According to Esri, it has created a template for public health agencies and other organizations, which it is offering up for no cost for six months. (More... <http://www.socaltech.com/fullstory/0079651.html>) *GeoLinks Waives Late Fees, Will Not Disconnect Customers During Pandemic* <http://www.socaltech.com/fullstory/0079650.html> Camarillo-based wireless broadband telecommunications provider GeoLinks says that it will not terminate service to any residential or small business customers in the next 60 days, because of inability to pay bills due to the disruptions from the coronavirus pandemic, and also will wave any late fees, in addition to opening up its Wi-Fi hotspots to anyone who needs them. (More... <http://www.socaltech.com/fullstory/0079650.html>) *Milken Institute Begins Tracking COVID-19 Treatments, Vaccines* <http://www.socaltech.com/fullstory/0079649.html> Santa Monica-based Milken Institute is putting its resources behind the effort to tackle the COVID-19 virus outbreak, saying this morning that it has launched a new website which monitors the development of therapies to treat and prevent the disease. The nonprofit said the site is developed and maintained by FasterCures, a center of the Milken Institute. (More... <http://www.socaltech.com/fullstory/0079649.html>) *Uber Plans Federal Lawsuit Against LA* <http://www.socaltech.com/fullstory/0079648.html> Uber is planning to file a federal lawsuit against Los Angeles, claiming that LA's requirement that on-demand scooter and last-mile transportation companies provider real-time location data on where its customers are raises privacy concerns. According to CNET, Uber claims the Los Angeles request is "surveillance", and that Los Angeles does not need the kind of data it is requiring providers to provide to the city. (More... <http://www.socaltech.com/fullstory/0079648.html>) *Broadband In LA Fine, But San Diego Slows Down Due To Remote Work* <http://www.socaltech.com/fullstory/0079647.html> The home Internet connections and speeds in Los Angeles are holding up fairly well even as the city--like many others around the country--shift towards remote work, although San Diego's network performance has degraded, as more and more people are working from their home offices. According to Broadbandnow, although millions of users are shifting to residential Internet service, the speed of those Internet connections is "holding steady". (More... <http://www.socaltech.com/fullstory/0079647.html>) *Core Innovation Capital Backs Digital Banking Startup One* <http://www.socaltech.com/fullstory/0079646.html> Los Angeles-based fintech investor Core Innovation Capital is one of the lead investors in One, a digital banking startup which was founded by Bill Harris, the former CEO of both Intuit and PayPal. One said this week that it has raised $17M in its Series A funding. The funding was led by Foundation Capital, Core Innovation Capital, and Obvious Ventures. One offers up digital banking services, tied into savings accounts and app-enabled access to both spending and account balances. (More... <http://www.socaltech.com/fullstory/0079646.html>) *Quidel Says It Has COVID-19 Test* <http://www.socaltech.com/fullstory/0079645.html> San Diego-based Quidel, which develops rapid diagnostic testing products, says it has received an Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) to market its real-time RT-PCR test intnded to detect COVID-19, the virus that casuees SARS-CoV-2 in nasopharyngeal or oropharyngeal swab specimens. The company said the testing authorization is limited to laboratories certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA). (More... <http://www.socaltech.com/fullstory/0079645.html>) *Inseego Pushes Wireless Devices For Working From Home* <http://www.socaltech.com/fullstory/0079644.html> San Diego-based Inseego, which develops 5G and Internet-of-Things technology used for asset tracking, connectivity, and similar applications, is again embracing its roots in the mobile hotspot market. (More... <http://www.socaltech.com/fullstory/0079644.html>) *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] *Support Our News Coverage - Become A Member Today! <http://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *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 ------------------------------ *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. 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