*socaltech.com <http://socaltech.com> TechNews - Friday, April 24, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://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 * - Carey Ransom, OC4 On Startups, Investments, and What To Do Now <#0079783> - Century Park Capital Recaps Accelapha <#0079787> - Faraday Future Appoints Former NV Lieutenant Gov To Board <#0079784> - HG Insights: Cloud Companies Have Advantage In COVID-19 Era <#0079785> - Allied Esports Seeing More Engagement, Participation <#0079786> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Stradling <#ad608> *Friday, April 24, 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]. *Carey Ransom, OC4 On Startups, Investments, and What To Do Now* <https://www.socaltech.com/fullstory/0079783.html> For our interview this morning, we spoke with Carey Ransom, from OC4 Venture Studio (www.oc4v.com). Carey tells us a bit about what OC4 is doing, how it invests and works with companies, and also gives startups some advice about how to approach moving forward in light of the pandemic. What is OC4? Carey Ransom: The way I think about it, is it is really the culmination of almost two decades of software and technology company building and investing. (More... <https://www.socaltech.com/fullstory/0079783.html>) *Century Park Capital Recaps Accelapha* <https://www.socaltech.com/fullstory/0079787.html> Los Angeles-based private equity investor Century Park Capital Partners said this week that it has completed a majority recapitalization of business and IT consulting services company Accelalpha. Financial details of the recapitalization were not announced. According to the company, it has combined Accelalpha and a provider of logistics IT consulting, Prolog Partners. Accelapha is based in Bellevue, Washington; Prolog Partners is based in Atlanta, Georgia. (More... <https://www.socaltech.com/fullstory/0079787.html>) *Faraday Future Appoints Former NV Lieutenant Gov To Board* <https://www.socaltech.com/fullstory/0079784.html> Los Angeles-based electric car developer Faraday Future said on Thursday afternoon that it has added former Nevada Lieutenant Governor Brian Krolicki to the company's board. According to Faraday Future, the move will help it help bolster its leadership team, improve corporate governance, and secure funding for the planned delivery of its first ultra-luxury production vehicle (FF 91). Faraday Future had been planning on building a megaplant--now on hold--in Nevada. (More... <https://www.socaltech.com/fullstory/0079784.html>) *HG Insights: Cloud Companies Have Advantage In COVID-19 Era* <https://www.socaltech.com/fullstory/0079785.html> Santa Barbara-based HG Insights, which provides data on IT spending and technology to companies, says it has used its technology to compare the amount of cloud adoption by companies, which it says might help companies better weather the economic storm brought on by COVID-19. The company said the amount of cloud technology investment levels across different industries "varies considerably". (More... <https://www.socaltech.com/fullstory/0079785.html>) *Allied Esports Seeing More Engagement, Participation* <https://www.socaltech.com/fullstory/0079786.html> Irvine-based esports company Allied Esports says, despite the shuttering of its live event business, its companies are seeing increased fan engagement from the widespread shift of people online in wake of the COVID-19 crisis. According to Allied Esports, it is seeing increased engagement, registration, participation and viewership within its two business units, World Poker Tour and Allied Esports International. Allied Esports had previously cancelled its in-person World Poker Tour events. (More... <https://www.socaltech.com/fullstory/0079786.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 *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/ *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] *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>* 4/20/20 Faze Clan <https://www.socaltech.com/intelligence/?action=showdeal&id=100003> Los Angeles $40.00 M 4/17/20 Movandi Corp <https://www.socaltech.com/intelligence/?action=showdeal&id=100002> Irvine $27.00 M 4/16/20 Greenbits <https://www.socaltech.com/intelligence/?action=showdeal&id=99985> San Jose $23.00 M 4/16/20 Coconut Collaborative <https://www.socaltech.com/intelligence/?action=showdeal&id=99984> Los Angeles $7.00 M 4/14/20 Source Photonics <https://www.socaltech.com/intelligence/?action=showdeal&id=99983> West Hills $40.00 M 4/07/20 eResonate <https://www.socaltech.com/intelligence/?action=showdeal&id=99965> Playa Vista $1.00 M 4/02/20 SteadyMD, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=99938> Westlake Village $6.00 M 3/31/20 AristaMD, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=99937> La Jolla $18.00 M 3/20/20 Robin Games <https://www.socaltech.com/intelligence/?action=showdeal&id=99861> Venice $7.00 M 3/03/20 TaleSpin LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <https://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <https://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Cloudbreak Health, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 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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