*socaltech.com <http://socaltech.com> TechNews - Thursday, May 7, 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 * - Alteryx Offers Up Free Data Science, Analytics Training <#0079831> - Iteris Wins $1.8M Contract With South Carolina <#0079830> - Sonos Hit By Retail Shutdown <#0079829> - Esri Offers Free GIS Training <#0079828> - Activision Blizzard Gains As Video Games See Surge <#0079827> - Love Goodly Acquired By NOVICA <#0079825> - BURST Oral Care Finds New Funding <#0079826> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> *Thursday, May 7, 2020* *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 *Alteryx Offers Up Free Data Science, Analytics Training* <https://www.socaltech.com/fullstory/0079831.html> Irvine-based data science and analytics software developer Alteryx says it is offering up free training to help train workers who have found themselves unemployed due to the COVID-19 pandemic. According to Alteryx, the new program--Advancing Data and Analytics Potential Together (ADAPT)--is an extension to its corporate social responsibility initiative, Alteryx For Good. (More... <https://www.socaltech.com/fullstory/0079831.html>) *Iteris Wins $1.8M Contract With South Carolina* <https://www.socaltech.com/fullstory/0079830.html> Santa Ana-based Iteris, which provides traffic and transportation data and information, says it has been selected by the South Carolina Department of Transportation (SCDOT), in a contract worth $1.8M. According to Iteris, the multi-year agreement is renewable for up to five years, and will go towards supporting South Carolina's statewide transportation operations program. ( More... <https://www.socaltech.com/fullstory/0079830.html>) *Sonos Hit By Retail Shutdown* <https://www.socaltech.com/fullstory/0079829.html> Santa Barbara-based whole home audio system and smart speaker manufacturer Sonos released its second quarter results on Wednesday, saying that its revenues have been hit by the widespread closure of physical, retail stores due to the COVID-19 pandemic, even as it has seen an increase in usage of its products. According to Sonos, it saw a 17% year-over-year decline in its revenue, and in March, it saw total revenue decline 23% year-over-year due to those retail shutdowns. (More... <https://www.socaltech.com/fullstory/0079829.html>) *Esri Offers Free GIS Training* <https://www.socaltech.com/fullstory/0079828.html> Redlands-based Esri, the developer of geographical information systems (GIS) software, says it will offer up free access to its popular ArcGIS platform, as well as training resources, to any professionals who have been furloughed from work during the COVID-19 outbreak. According to Esri, individuals can request access to the free software and lessons through June 30th. (More... <https://www.socaltech.com/fullstory/0079828.html>) *Activision Blizzard Gains As Video Games See Surge* <https://www.socaltech.com/fullstory/0079827.html> Santa Monica-based Activision Blizzard is seeing a surge in customers, the company said on Tuesday, as a result of the continuing COVID-19 pandemic. CEO Bobby Kotick told CNN yesterday that "the environment that we're in today, where you have high levels of unemployment and economic uncertainty, having free games on phones is going to probably be a big way to grow the audience". The video game industry seems to be one of the few industries benefiting from the ongoing pandemic. (More... <https://www.socaltech.com/fullstory/0079827.html>) *Love Goodly Acquired By NOVICA* <https://www.socaltech.com/fullstory/0079825.html> Los Angeles-based Love Goodly, the women's subscription box company that was founded by Justine Lassoff and Katie Bogue Miller, has been acquired by Santa Monica-based Novica, which operates an e-commerce marketplace focused on handmade decor, art, and jewelry. Financial terms of the acquisition were not announced. Love Goodly was part of the Quake Seed Capital accelerator program, and was backed by Third Wave Digital/Allen DeBevoise. ( More... <https://www.socaltech.com/fullstory/0079825.html>) *BURST Oral Care Finds New Funding* <https://www.socaltech.com/fullstory/0079826.html> Los Angeles-based BURST Oral Care, a manufacturer of electric toothbrushes, has raised a Series C funding round. Size of the funding was not announced. BURST Oral Care said the new funding was led by Goldman Sachs Growth Equity (GS Growth), and comes on top of an earlier $20M in funding from Volition Capital and angels. BURST's founders are Hamish Khayat and Brittany Stewart. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=62121>)( More... <https://www.socaltech.com/fullstory/0079826.html>) *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]. *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/ *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>* 5/06/20 BURST Oral Care <https://www.socaltech.com/intelligence/?action=showdeal&id=100010> Walnut $0.00 M 5/05/20 Orca Security <https://www.socaltech.com/intelligence/?action=showdeal&id=100008> Los Angeles $20.00 M 5/05/20 Postal.io <https://www.socaltech.com/intelligence/?action=showdeal&id=100009> San Luis Obispo $9.00 M 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 ------------------------------ *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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