*socaltech.com <http://socaltech.com> TechNews - Friday, May 29, 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 * - Ascus Biosciences Finds $46M For Animal Health, Nutrition <#0079908> - Workspace Gets Funding From ASG <#0079909> - Morse Micro Sets US HQ, Names Broadcom Vet As COO <#0079907> - Stackin' Picks Up $12.6M <#0079903> - Snap To Run Partner Summit Online <#0079905> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Resources For UK Companies and Investors Impacted By Coronavirus <#ad762> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> *Friday, May 29, 2020* *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 *Ascus Biosciences Finds $46M For Animal Health, Nutrition* <https://www.socaltech.com/fullstory/0079908.html> San Diego-based Ascus Biosciences, a developer of feed supplements for animal health and nutrition, said this week that it has raised $46M in a Series B funding round. THe funding was led by Temasek Holdings, and also included Anterra Capital, Formation 8, and Cavallo Ventures (venture capital arm of Wilbur-Ellis), as well as angels. According to Ascus Biosciences, it will use the funding to go towards its customers sales and service teams, new products, as well as its core technology platform. ( More... <https://www.socaltech.com/fullstory/0079908.html>) *Workspace Gets Funding From ASG* <https://www.socaltech.com/fullstory/0079909.html> Newport Beach-based WorkSpace, a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG, a backer of software-as-a-service companies. Size and terms of the investment were not announced. According to Workspace, the additional capital also comes as it has hired a new President, Chief Operating Officer, VP of Sales, and VP of Engineering. WorkSpace was founded by Alan Bedekar. (More... <https://www.socaltech.com/fullstory/0079909.html>) *Morse Micro Sets US HQ, Names Broadcom Vet As COO* <https://www.socaltech.com/fullstory/0079907.html> Morse Micro, an Australian developer of low power, Wi-Fi integrated circuits, says it has set up a new U.S. headquarters in Irvine, and named longtime Broadcom veteran Vahid Manian as the company's Chief Operating Officer (COO). According to Morse Micro, the company plans to grow its team at its new Irvine headquarter, along with in Sydney Australia. Morse Micro says Manian will let its key sales, marketing, applications, and operation s teams. (More... <https://www.socaltech.com/fullstory/0079907.html>) *Stackin' Picks Up $12.6M* <https://www.socaltech.com/fullstory/0079903.html> Los Angeles-based Stackin', which operates a text-based, financial messaging platform which provides information to subscribers on how to save money, reduce debt, and start investing, has raised $12.6M in a funding round, the company said this morning. The funding was led by Octopus Ventures, and also included Experian Ventures, Cherry Tree Investments, Dig Ventures, Mucker Capital, Unlock Venture Partners, TechStars and Wavemaker Partners. (More... <https://www.socaltech.com/fullstory/0079903.html>) *Snap To Run Partner Summit Online* <https://www.socaltech.com/fullstory/0079905.html> Santa Monica-based Snap Inc. said today--unsurprisingly--that it will run its annual partner summit online. Snap said its Snap Partner Summit will take place virtually on June 11th, and will features video keynotes as well as video breakout sessions. The company said those keynotes will feature Snap Inc. co-founders Evan Spiegel, Chief Executive Officer, and Bobby Murphy, Chief Technology Officer, along with others. (More... <https://www.socaltech.com/fullstory/0079905.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]. *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 *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $26 billion in assets and 76 branches primarily located in California, with one in Denver, Colorado and another in Durham, North Carolina. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors. We also offer Community Banking and National Lending services. For more information about the Venture Banking Group, visit www.pacwest.com/lending-solutions/venture-lending, or send an email to Brian Weber at [email protected] ------------------------------ *Recent Funding <#funding>* 5/26/20 Apeel Sciences <https://www.socaltech.com/intelligence/?action=showdeal&id=100217> Goleta $250.00 M 5/21/20 Aspiration <https://www.socaltech.com/intelligence/?action=showdeal&id=100213> Marina Del Rey $135.00 M 5/19/20 Amplyx Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=100104> San Diego $53.00 M 5/19/20 ChromaCode, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100103> Carlsbad $10.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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. 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