*socaltech.com <http://socaltech.com> TechNews - Friday, July 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 * - Jukin Media Names Essner Co-CEO <#0080108> - Cornerstone OnDemand Loses CFO <#0080107> - Ingram Micro Sets Finalists In $1M Competition <#0080109> - Openpath Adds $36M For Keyless Entry Systems <#0080106> - Snapchat Expands Efforts At Yellow Accelerator <#0080105> - Survey: Americans Spending More Time In Their Cars, For Sanity <#0080104> - MomentFeed Rolls Out New Proximity Search Dashboard <#0080099> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Technology Management and Operational Outsourcing – PulseOne <#ad765> - Accelerating Growth For Early Stage Innovation. <#ad764> *Friday, July 17, 2020* *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] *Jukin Media Names Essner Co-CEO* <https://www.socaltech.com/fullstory/0080108.html> Los Angeles-based Jukin Media, the viral- and user-generated content company, has promoted Lee Essner to the post of Co-CEO, the company said late Thursday. Essner--who has been President and Chief Operating Officer at the company since 2013, will share the CEO post with Jukin Media founder Jonathan Skogmo. Jukin said that Essner helped the company grow from a 20-person startup to more than 200 people with offices in LA, New York, London, and New Delhi. (More... <https://www.socaltech.com/fullstory/0080108.html>) *Cornerstone OnDemand Loses CFO* <https://www.socaltech.com/fullstory/0080107.html> Santa Monica-based Cornerstone OnDemand, which develops software and services used for employee development and training, says that its CFO, Brian Swartz, is leaving the company. According to Cornerstone OnDemand, Swartz is leaving on August 14th to "pursue another opportunity". The company said that, in the meantime, its Chief Accounting Officer, Trish Coughlin, will serve as interim CFO, as the company launches a search for a new CFO. (More... <https://www.socaltech.com/fullstory/0080107.html>) *Ingram Micro Sets Finalists In $1M Competition* <https://www.socaltech.com/fullstory/0080109.html> Irvine-based Ingram Micro, a distributor of technology products, is getting close to awarding $1M to a business-to-business (B2B) software startup, saying it has named the finalists in its annual "Comet Competition". The company said it has selected Alsid (Paris, France), apoQlar (Hamburg, Germany) and Balbix (San Jose, California) as the global finalists for its competition, selected from over 4,000 applicants from over 20 countries. ( More... <https://www.socaltech.com/fullstory/0080109.html>) *Openpath Adds $36M For Keyless Entry Systems* <https://www.socaltech.com/fullstory/0080106.html> Los Angeles-based Openpath, which is developing keyless door access systems--and which is headed by LA tech veterans James Segil and Alex Kazerani--said on Thursday that it has raised $36M in a new funding round. The new funding brings the company's raised to $63M. The new funding was led by Greycroft Partner. Segil and Kazerani are longtime veterans of the LA startup and technology industry, having previously founded Edgecast, which they sold to Verizon for approximately $400M. (More... <https://www.socaltech.com/fullstory/0080106.html>) *Snapchat Expands Efforts At Yellow Accelerator* <https://www.socaltech.com/fullstory/0080105.html> Venice-based Snapchat says it is expanding the outreach efforts it has been running as part of its Yellow Accelerator. Snapchat said it is expanding Yellow to introduce a new program to support Snapchat integration, in addition to its annual programs. As part of the expansion, Snap said that it has launched a new, remote 13-week program called Yellow Collabs, which is aimed at companies that want to work closely with the Snap Team to integrate with specific parts of the Snap Platform. (More... <https://www.socaltech.com/fullstory/0080105.html>) *Survey: Americans Spending More Time In Their Cars, For Sanity* <https://www.socaltech.com/fullstory/0080104.html> More Americans are spending time in their cars--not to drive, but for sanity--according to Santa Monica-based subscription vehicle service Fair. According to the company, it ran a survey which found that nearly 3 out of 4 people have been turning to their cars for mental health breaks during the COVID-19 pandemic. (More... <https://www.socaltech.com/fullstory/0080104.html>) *MomentFeed Rolls Out New Proximity Search Dashboard* <https://www.socaltech.com/fullstory/0080099.html> Santa Monica-based MomentFeed, which develops software to help multi-location brands manage their reviews, location listings, and much more, says it has rolled out a new product. According to MomentFeed, its new Proximity Search Optimization Dashboard allows multi-location brands to easily monitor and manage how well their local marketing efforts are performing. Pricing on the new tool was not announced. (More... <https://www.socaltech.com/fullstory/0080099.html>) *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 *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] *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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]. *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 ------------------------------ *Recent Funding <#funding>* 7/09/20 Kernel <https://www.socaltech.com/intelligence/?action=showdeal&id=100542> Los Angeles $53.00 M 7/08/20 VelosBio Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100084> San Diego $137.00 M 6/25/20 Treehouse Games <https://www.socaltech.com/intelligence/?action=showdeal&id=100533> Los Angeles $2.60 M 6/25/20 Clickup <https://www.socaltech.com/intelligence/?action=showdeal&id=100534> San Diego $35.00 M 6/24/20 Pipe <https://www.socaltech.com/intelligence/?action=showdeal&id=100532> Los Angeles $60.00 M 6/23/20 Scalefast <https://www.socaltech.com/intelligence/?action=showdeal&id=100510> Manhattan Beach $21.58 M 6/17/20 DroneBase, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100472> Los Angeles $7.50 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 17, Los Angeles -- *AltaSea, Milken Institute & Santa Monica College: Mobilizing an Ocean Economy Workforce in California* AltaSea, Milken Institute & Santa Monica College: Mobilizing an Ocean Economy Workforce in California. Join AltaSea at the Port of Los Angeles for the second of back-to-back webinars focused on the blue economy. Panelists include: Tim McOsker, CEO of AltaSea; Matt Horton, Director of Public Policy for the Milken Institute; Dr. Patricia Ramos, Dean of Workforce & Economic Development at Santa Monica College. The July 17 webinar will be moderated by David Abel, publisher of The Planning Report and chairman of the VerdeXchange. See http://www.socaltech.com/calendar/eventid/26634 July 20, Orange County -- *How Equity Crowdfunding helps achieve Success* How Equity Crowdfunding helps achieve Success. Join JJ Richa in a fireside chat with Bruce Virga to discuss how funding platforms connect everyday investors to growth-focused businesses, helping both parties to achieve success. We will further dive into what entrepreneurs need to know before embarking on a capital raise via equity crowdfunding and, conversely, best investment practices. Overall, Bruce can draw on his knowledge of the greater crowdfunding ecosystem to illuminate shifts in the industry that will impact businesses and investors in the future. See http://www.socaltech.com/calendar/eventid/26632 ------------------------------ *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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