*socaltech.com <http://socaltech.com> TechNews - Thursday, May 21, 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 * - Virgin Orbit Plans Demonstration Mission This Weekend <#0079884> - K1 Investment Management Sells San Diego's FMG Suite <#0079883> - Section 32 Names New Execs <#0079880> - Modern Trust Launches Online Estate Planning Service <#0079881> - Saalex Acquires Arctic MSP <#0079882> - Insightful Science Acquires Cytapex <#0079879> - Brainbase Snags $8 In Series A <#0079878> - XPRIZE Launches New Video Game Design Challenge <#0079877> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#ad753> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> *Thursday, May 21, 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]. *Virgin Orbit Plans Demonstration Mission This Weekend* <https://www.socaltech.com/fullstory/0079884.html> Long Beach-based Virgin Orbit is planning a demonstration launch of its small satellite delivery vehicle this weekend, saying it is hoping to launch a satellite into space on Sunday, May 24th at 10 AM PT. The launch--which will be made from the Mojave Air and Space Port---is intended to put the LauncherOne rocket into space, launched from Virgin Orbit's modified 747 launch platform. (More... <https://www.socaltech.com/fullstory/0079884.html>) *K1 Investment Management Sells San Diego's FMG Suite* <https://www.socaltech.com/fullstory/0079883.html> Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced. FMG Suite is a developer of cloud-based marketing automation software specifically for financial services professionals and advisors. (More... <https://www.socaltech.com/fullstory/0079883.html>) *Section 32 Names New Execs* <https://www.socaltech.com/fullstory/0079880.html> San Diego-based venture capital fund Sectoin 32 says it has made a number of key appointments, as it expands its human resources, staffing, and communications efforts. According to Section 32, it has named Sarah Larson as Chief People Officer; Alice Cheung as Head of Talent; Kenzo Fong Hing as Advisor; Claire Stapleton as Writer in Residence; Kimberly Shih as Talent Specialist; and Anna Bullard as Executive Assistant. (More... <https://www.socaltech.com/fullstory/0079880.html>) *Modern Trust Launches Online Estate Planning Service* <https://www.socaltech.com/fullstory/0079881.html> Los Angeles-based Modern Trust said this morning that it has launched a new online site to help people create and maintain living trust and estate planning documents. The startup, led by Daniel Hales, said it is tackling the time-consuming, tedious and expensive process of creating a trust and dealing with estate planning, which the company says has traditionally involved numerous in-person meetings with lawyers, advisors and lots of paperwork and paper documents. (More... <https://www.socaltech.com/fullstory/0079881.html>) *Saalex Acquires Arctic MSP* <https://www.socaltech.com/fullstory/0079882.html> Camarillo-based Saalex Information Technology (SaalexIT), a provider of managed services, says it has acquired Eugene, Oregon-based Arctic MSP. Financial terms of the acquisition were not announced. Saalex said the deal will expand its footprint in its western region. SaalexIT said it also recently acquired Scottsdale, Arizona-based Valeo Networks. (More... <https://www.socaltech.com/fullstory/0079882.html>) *Insightful Science Acquires Cytapex* <https://www.socaltech.com/fullstory/0079879.html> San Diego-based Insightful Science has acquired Cytapex, a bioinformatics contract research organization. Financial terms of the acquisition were not announced. According to Insightful Science, Cytapex focuses on helping pharmaceutical, biotechnology, and medical device companies to improve and automate high-throughput and high-dimensional cytometry informatics for basic and clinical research, biomarker discovery, and clinical trials. Insightful Science is led by CEO Thomas Swalla. (More... <https://www.socaltech.com/fullstory/0079879.html>) *Brainbase Snags $8 In Series A* <https://www.socaltech.com/fullstory/0079878.html> Los Angeles-based Brainbase, a new startup developing software to help manage licensing, partnership and sponsorship agreements, has raised $8M in a Series A funding round, the company said this morning. (More... <https://www.socaltech.com/fullstory/0079878.html>) *XPRIZE Launches New Video Game Design Challenge* <https://www.socaltech.com/fullstory/0079877.html> Los Angeles-based XPRIZE said it has launched a new initiative, which will provide "thousands of dollars" in prizes that invites the next generation to develop video games which "depict a better future for humanity". According to XPRIZE, the new effort, XPRIZE Connect, aims to "democratize access to learning through technology" and will be open for entrants between the ages of 10 and 18 years old. (More... <https://www.socaltech.com/fullstory/0079877.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 *Facilitated Off-Site Planning for Growth Companies and Venture Firms <http://www.collective-genius.com>* Peak is a facilitated team off-site that empowers growth companies and venture firms to build a Three Year Vision, One Year Plan, and Quarterly OKRs. With the vision and plan set, we provide additional tools to keep the team aligned, accountable and on track. Peak is a collection of best practices Jeff Martin founder of Collective Genius has derived from twenty plus years of experience in founding and operating technology growth companies and venture firms. We are partnered with local and national venture firms and provide portfolio partner discounts. Schedule a Pre-Camp Meeting to Learn More: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - collective-genius.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/ *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] ------------------------------ *Recent Funding <#funding>* 5/19/20 ChromaCode, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100103> Carlsbad $10.00 M 5/19/20 Amplyx Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=100104> San Diego $53.00 M 5/14/20 Prodoscore <https://www.socaltech.com/intelligence/?action=showdeal&id=100102> Irvine $0.00 M 5/13/20 Upkeep <https://www.socaltech.com/intelligence/?action=showdeal&id=100100> Los Angeles $36.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html May 27, Los Angeles -- *The Mindset of an Investor Today: A Webinar Series with Arlan Hamilton* The Mindset of an Investor Today: A Webinar Series with Arlan Hamilton, Founder and Managing Partner, Backstage Capital. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate. Presented by Sutton Capital Partners and the Recurring Revenue Conference. See http://www.socaltech.com/calendar/eventid/26621 June 3, Los Angeles -- *The Mindset of an Investor Today: Ben Narasin, Venture Partners, NEA* The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA. See http://www.socaltech.com/calendar/eventid/26620 June 10, Santa Monica -- *DigiMarCon West 2020 - Digital Marketing Conference & Exhibition* DigiMarCon West 2020 - Digital Marketing Conference & Exhibition. DigiMarCon West 2020 is your chance to ... - Hear from some of the most audacious and thought provoking speakers in the digital marketing industry. - Gain insight into emerging strategies, the latest innovative technologies, and best practices to move your business to the next level. - Network with thought leaders, collaborate with your peers and build your network in a beautiful atmosphere.. See http://www.socaltech.com/calendar/eventid/26597 June 10, Santa Monica -- *TECHSPO Los Angeles 2020* TECHSPO Los Angeles Technology Expo - June 10-11, 2020 - Los Angeles, CA. See http://www.socaltech.com/calendar/eventid/26604 June 10, Los Angeles -- *The Mindset of an Investor Today: A Webinar Series with Mike Jones, Co-Founder and CEO, Science, Inc. * The Mindset of an Investor Today: A Webinar Series with Mike Jones, Co-Founder and CEO, Science, Inc. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate. Presented by Sutton Capital Partners and the Recurring Revenue Conference.. See http://www.socaltech.com/calendar/eventid/26622 June 11, Santa Monica -- *TECHSPO Los Angeles 2020* TECHSPO Los Angeles Technology Expo - June 10-11, 2020 - Los Angeles, CA. See http://www.socaltech.com/calendar/eventid/26605 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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