*socaltech.com <http://socaltech.com> TechNews - Monday, May 4, 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 * - Platinum Fortune Acquires UK Video Game Developer Jagex <#0079815> - Alume Biosciences Gets $5.5M <#0079813> - AppliedVR To Offer Up Stress Management Tools To VA <#0079817> - EDF Renewables Puts 200 MW Wind Plant Into Operation <#0079814> - HyperX Selected For HP Desktop PCs <#0079816> - Dear Media Finds $8M <#0079809> - PatientPop Ties Into Florida Medical Association <#0079812> *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> *Monday, May 4, 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]. *Platinum Fortune Acquires UK Video Game Developer Jagex* <https://www.socaltech.com/fullstory/0079815.html> Los Angeles-based private equity investor Platinum Fortune LP says it has acquired one o the UK's largest video game developers and publishers, Jagex, in a deal worth $530M. Jagex is best known for its franchise, RuneScape. According to Platinum Fortune, it acquired Jagex from Shanghai Hongtou Network Technology, which is a subsidiary of Shanghai Fukong Interactive Entertainment Co, Ltd.. Platinum Fortune said that Jagex will continue to be run by its existing management team. (More... <https://www.socaltech.com/fullstory/0079815.html>) *Alume Biosciences Gets $5.5M* <https://www.socaltech.com/fullstory/0079813.html> La Jolla-based biotechnology startup Alume Biosciences announced that it has raised $5.5M in a Series A funding round, to go towards its products. According to Alume, the funding came from angel investors, including co-founder Chrysa Mineo (formerly of Receptos and Neurocrine Biosciences) and Dan Bradbury (co-founder and Executive Chairman of Equillium, Inc. and former CEO of Amylin). (More... <https://www.socaltech.com/fullstory/0079813.html>) *AppliedVR To Offer Up Stress Management Tools To VA* <https://www.socaltech.com/fullstory/0079817.html> Los Angeles-based AppliedVR, which develops virtual reality software used for therapeutic stress management, says it will be providing its tools to the Departments of Veterans Affairs (VA). The company said it is partnering with Red One Medical, to offer up its therapeutic VR programs for pain and anxiety management for VA patients and staff. (More... <https://www.socaltech.com/fullstory/0079817.html>) *EDF Renewables Puts 200 MW Wind Plant Into Operation* <https://www.socaltech.com/fullstory/0079814.html> San Diego-based EDF Renewables North America and Iowa energy company Alliant Energy said they have commenced commercial operation of a 200 MW wind project. According to the two, the 200 megawatt Golden Plains Wind Project started operations on March 27th, and is now serving Iowa customers. The project is based in Winnebago and Kossuth counties in the north central portion of Iowa. EDF Renewables says it has now developed or put into service a total of 1.4 gigawatts (GW) of wind capacity in Iowa. ( More... <https://www.socaltech.com/fullstory/0079814.html>) *HyperX Selected For HP Desktop PCs* <https://www.socaltech.com/fullstory/0079816.html> Fountain Valley-based *HyperX <http://www.hyperx.com>*, the developer of gaming products and memory which is a subsidiary of Kingston Technology, has scored a design win with HP, the company said today. According to HyperX,j it will provide its HyperX FURY DDR4 RGB or FURY DDR4 memory products into HP's new OMEN Desktops and upgrades. The memory will be part of HP's OMEN 25L and OMEN 30L desktops. Shipment volumes and expected financial impact of the win were not annoucned.(More... <https://www.socaltech.com/fullstory/0079816.html>) *Dear Media Finds $8M* <https://www.socaltech.com/fullstory/0079809.html> West Hollywood-based *Dear Media <http://www.dearmedia.com>*, which is developing a podcasting network focused on female voices, said on Thursday that it has raised $8M in a funding round. The funding came from private equity investor Magnet Companies. Dear Media is led by CEO Michael Bosstick, and the company was co-founded with Raina Penchansky. The company is focused on millennial and Gen-Z women.(More... <https://www.socaltech.com/fullstory/0079809.html>) *PatientPop Ties Into Florida Medical Association* <https://www.socaltech.com/fullstory/0079812.html> Santa Monica-based PatientPop said Thursday that it is now working with the Florida Medical Association (FMA), and will be a preferred vendor to bring the PatientPop practice growth platform and PatientPop Telehealth to FMA members. Financial details of the deal were not announced. According to PatientPop, FMA association members now can receive two months of the company's Telehealth product, which allows providers to provide virtual care, for no charge. (More... <https://www.socaltech.com/fullstory/0079812.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] ------------------------------ *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 Coconut Collaborative <https://www.socaltech.com/intelligence/?action=showdeal&id=99984> Los Angeles $7.00 M 4/16/20 Greenbits <https://www.socaltech.com/intelligence/?action=showdeal&id=99985> San Jose $23.00 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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