*socaltech.com <http://socaltech.com> TechNews - Wednesday, April 15, 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 * - Report: Strong Q1 2020 In Venture Capital, But Downturn Expected <#0079751> - Greycroft Leads $6.3M Funding In Frame AI <#0079750> - Report: No Snapchat Series On Quibi <#0079747> - Eyenuk Completes Contract In UK <#0079749> - MaxLinear Gets Design Win With Aviat Networks <#0079748> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Resources For UK Companies and Investors Impacted By Coronavirus <#ad762> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - BDO - Southern California Technology Industry Team <#ad737> *Wednesday, April 15, 2020* *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. *Report: Strong Q1 2020 In Venture Capital, But Downturn Expected* <http://www.socaltech.com/fullstory/0079751.html> The National Venture Capital Association (NVCA) says that Q1 2020 venture capital investments had a "strong showing" in Q1, however, it expects that the impending economic downturn due to the COVID-19 pandemic will slow activity through the rest of the year. According to the NVCA, and its PitchBook-NVCA Venture Monitor, there was $34.2 billion invested across 2,298 deals in the first quarter of 2020, partially as a result of "record-high" levels of capital raised by VC funds in 2018 and 2019. ( More... <http://www.socaltech.com/fullstory/0079751.html>) *Greycroft Leads $6.3M Funding In Frame AI* <http://www.socaltech.com/fullstory/0079750.html> Los Angeles-based venture investor Greycroft, which has made investments in such companies as AwesomenessTV, Maker Studios, Sometrics, Venmo, and others, is one of the lead investors in New York-based Frame AI. Frame AI is a developer of artificial intelligence and machine learning used by companies to understand customer churn and behavior. Frame AI said this morning that it raised $6.3M in its Series A funding round, which was led by G20 Ventures and Greycroft. (More... <http://www.socaltech.com/fullstory/0079750.html>) *Report: No Snapchat Series On Quibi* <http://www.socaltech.com/fullstory/0079747.html> Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat, according to a report from Variety. Quibi had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik. Variety did not say why Quibi decided to drop its plans for the series. Quibi raised a huge, $350M funding round back in January for the streaming service. ( More... <http://www.socaltech.com/fullstory/0079747.html>) *Eyenuk Completes Contract In UK* <http://www.socaltech.com/fullstory/0079749.html> Los Angeles-based artificial intelligence (AI) software developer Eyenuk said this morning that it has fulfilled a contract it had been awarded by Public Health England (PHE). The company's said its system--which is used for diabetic eye screening--has been used to grade 60,000 patient image sets from 6 different National Health Service (NHS) Diabetic Eye Screening Programmes in England. (More... <http://www.socaltech.com/fullstory/0079749.html>) *MaxLinear Gets Design Win With Aviat Networks* <http://www.socaltech.com/fullstory/0079748.html> Carlsbad-based semiconductor developer MaxLinear reports that it has scored a design win with Aviat Networks. According to MaxLinear, its chipsets are being used for Aviat's new WTM 4800 E-Band and Multi-Band Radios. MaxLinear said Aviat is using its MxL1105 CMOS transceiver along with the MxL85652 and MxL85110 modems. Shipment volumes and expected financial impact of the win were not announced. MaxLinear is a manufacturer of radio frequency, analog, and mixed signal integrated circuits. (More... <http://www.socaltech.com/fullstory/0079748.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 *Resources For UK Companies and Investors Impacted By Coronavirus <https://www.businesssupport.gov.uk/coronavirus-business-support/>* If you are a UK company, or an investor in the UK, and the Coronavirus is affecting your business: https://www.businesssupport.gov.uk/coronavirus-business-support/ If you have a UK registered business this is the primary source of information regarding the British Governments response and how to access that support. This includes employee furlough support, the large business loan scheme, corporate financing facility, HMRC’s ‘Time to Pay’ tax service, and VAT deferral. >From UK Government's Department for International Trade (DIT) *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 *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>* 4/14/20 Source Photonics <http://www.socaltech.com/intelligence/?action=showdeal&id=99983> West Hills $40.00 M 4/07/20 eResonate <http://www.socaltech.com/intelligence/?action=showdeal&id=99965> Playa Vista $1.00 M 4/02/20 SteadyMD, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99938> Westlake Village $6.00 M 3/31/20 AristaMD, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99937> La Jolla $18.00 M 3/20/20 Robin Games <http://www.socaltech.com/intelligence/?action=showdeal&id=99861> Venice $7.00 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * 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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