*socaltech.com <http://socaltech.com> TechNews - Wednesday, June 17, 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 * - Allset Launches New App, Website After $8.35M In Funding <#0079983> - Trust & Will Hits 100K Members <#0079981> - 8minute Solar Energy Wins 250MW Solar Project <#0079982> - NVCA's Venture Forward Aims At More Inclusive VC Community <#0079980> - FameBit No More, Now YouTube BrandConnect <#0079979> - UNest Nabs $9M For College Savings App <#0079978> - Open Raven Finds $15M <#0079977> - Cardiff Oncology Raises $13.5M <#0079976> *Marketplace* - Technology Management and Operational Outsourcing – PulseOne <#ad765> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Wednesday, June 17, 2020* *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com *Allset Launches New App, Website After $8.35M In Funding* <https://www.socaltech.com/fullstory/0079983.html> L (More... <https://www.socaltech.com/fullstory/0079983.html>) *Trust & Will Hits 100K Members* <https://www.socaltech.com/fullstory/0079981.html> San Diego-based startup Trust & Will, which offers up online estate planning, says it has hit 100,000 members to its service. According to the company, the recent pandemic doubled the volume of individuals seeking its estate planning services. The company was founded in 2017, but only raised its Series A in December of 2019, when it raised $6M in funding. The startup said it never predicted an unprecedented event such as COVID-19 would bring end-of-life state planning to front of mind. (More... <https://www.socaltech.com/fullstory/0079981.html>) *8minute Solar Energy Wins 250MW Solar Project* <https://www.socaltech.com/fullstory/0079982.html> Los Angeles-based 8minute Solar Energy reports that it has signed a contract to develop a new, 250MW solar power plus storage project in California. According to the company, the contract, with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE), will supply Community Choice Energy (CCE) providers. The company said the project will include 150 megawatt hours (MWh) of energy storage, providing enough power for 93,000 homes. (More... <https://www.socaltech.com/fullstory/0079982.html>) *NVCA's Venture Forward Aims At More Inclusive VC Community* <https://www.socaltech.com/fullstory/0079980.html> The National Venture Capital Association (NVCA) says that it is launching a brand new nonprofit Venture Forward, which it says will help advance initiatives around diversity, education, research, and history within the venture capital industry, to help promote a strong and inclusive community. (More... <https://www.socaltech.com/fullstory/0079980.html>) *FameBit No More, Now YouTube BrandConnect* <https://www.socaltech.com/fullstory/0079979.html> FameBit, the online marketplace which had allowed advertisers to connect with YouTube influencers, is no more, and has been renamed YouTube BrandConnect, Google said on Tuesday. FameBit--which was based in Los Angeles, and was acquired by Google in 2015--will continue to operate, and will continue to serve Youtube creators in the U.S. with over 25,000 subscribers. (More... <https://www.socaltech.com/fullstory/0079979.html>) *UNest Nabs $9M For College Savings App* <https://www.socaltech.com/fullstory/0079978.html> Los Angeles-based UNest, which develops a mobile app to help parents with financial planning as well as college savings, has raised $9M in a funding round, the company said Tuesday. The funding came from Anthos Capital, Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon and Unlock Ventures. The investment also includes Baron Davis, the NBA player. UNest was founded by Ksenia Yudina; the company charges $3 a month for its app, which runs on iPhone and Android. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=62380>)( More... <https://www.socaltech.com/fullstory/0079978.html>) *Open Raven Finds $15M* <https://www.socaltech.com/fullstory/0079977.html> Los Angeles-based Open Raven, a cybersecurity startup focused on preventing enterprise data leaks, has raised $15M in a new funding round, the company disclosed on Tuesday. The funding came from Kleiner Perkins Caufield and Byers (KPCB), along with Upfront Ventures, Signal Sciences, as well as angels Phil Venables (Chief Information Risk Officer, Goldman Sachs) and Niloo Razi Howe (former RSA Chief Strategy Officer). Kleiner will take a seat on the company's board of directors with the funding. (More... <https://www.socaltech.com/fullstory/0079977.html>) *Cardiff Oncology Raises $13.5M* <https://www.socaltech.com/fullstory/0079976.html> San Diego-based Cardiff Oncology said this morning that it has raised $13.5M in an equity funding round. The company, which is working on drugs to treat cancer, said the funding was led by Acorn Bioventures and CAM Capital. The company said the funding will go to accelerate the development of its lead compound, onvansertib, and also for associated capital expenditures. The company is led by CEO Dr. Mark Erlander. (More... <https://www.socaltech.com/fullstory/0079976.html>) *Technology Management and Operational Outsourcing – PulseOne <https://pulseone.com/sct/>* PulseOne is a business services company specialized in delivering IT-enabled solutions to emerging and high growth companies. Bringing together the world's best technologies, renowned engineering design, and proven implementation, PulseOne is uniquely positioned for Central and South Coast based businesses to plan, build and manage your technology infrastructure - from strategy to ongoing support. Our scalable model allows companies to utilize the services they need as they grow, making high value outsourced IT management cost effective for your growing business. Staffed with technology specialists and lead by business veterans, PulseOne is designed to support your business needs. For more information on what we can do for you, contact us via https://pulseone.com/sct/ or email us at [email protected]. *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]. *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 *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] *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>* 6/16/20 UNEST <https://www.socaltech.com/intelligence/?action=showdeal&id=100471> Hollywood $9.00 M 6/03/20 TAE Life Sciences <https://www.socaltech.com/intelligence/?action=showdeal&id=100255> Foothill Ranch $30.00 M 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 ------------------------------ *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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