*socaltech.com <http://socaltech.com> TechNews - Monday, April 27, 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 * - Evofem Biosciences Gains $25M In Convertible Note <#0079792> - Lead Inclusively Finds $1.5M <#0079788> - 8minute Solar Energy Adds 3 Gigawatts Of Solar Projects To Pipeline <#0079789> - Saviynt Expands Advisory Board <#0079791> - League Of Legends Cancels Mid Season Tournament <#0079790> - Carey Ransom, OC4 On Startups, Investments, and What To Do Now <#0079783> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Resources For UK Companies and Investors Impacted By Coronavirus <#ad762> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Monday, April 27, 2020* *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/ *Evofem Biosciences Gains $25M In Convertible Note* <https://www.socaltech.com/fullstory/0079792.html> San Diego-based biopharmaceuticals developer Evofem Biosciences, a publicly held developer of biopharmaceuticals aimed at contraception, says it has received $25M in a convertible note financing. The company says it has received $15M of that amount, with remaining $10M to be funded at its investor's discretion. Source of the funding was not announced. The company said the funding will go towards its efforts to commercialize Phexxi, a hormone-free, contraceptive gel candidate. (More... <https://www.socaltech.com/fullstory/0079792.html>) *Lead Inclusively Finds $1.5M* <https://www.socaltech.com/fullstory/0079788.html> San Diego-based Lead Inclusively, a consulting firm which provides technology-enabled services around diversity, equity, and inclusion, said last week that it has raised $1.5M in a funding round. The funding came from angel investors Christopher Craig and Fran Craig. Lead Inclusively said the new funding will go towards further developing its software-as-a-service platform, which is says is focused on "the science of behavior change and habit formation. (More... <https://www.socaltech.com/fullstory/0079788.html>) *8minute Solar Energy Adds 3 Gigawatts Of Solar Projects To Pipeline* <https://www.socaltech.com/fullstory/0079789.html> Los Angeles-based solar power developer 8minute Solar Energy says it has added another 3 gigawatts (GW) of solar projects to its development pipeline, bringing its total number of projects to 18 gigawatts. According to the company, the projects are being supported by development capital from J.P. (More... <https://www.socaltech.com/fullstory/0079789.html>) *Saviynt Expands Advisory Board* <https://www.socaltech.com/fullstory/0079791.html> Los Angeles-based software developer Saviynt has boosted its board of advisors, saying this morning that it has added Elissa Fink, former Chief Marketing Officer of Tableau Software, and Bobby Morrison, Chief Revenue Officer of Intuit, to its board of advisors. Fink also previously served at IXI Corporation, Tele Atlas, Top Tier Software, and Nielsen/Claritas. Morrison also had been at Microsoft. (More... <https://www.socaltech.com/fullstory/0079791.html>) *League Of Legends Cancels Mid Season Tournament* <https://www.socaltech.com/fullstory/0079790.html> The Legaue of Legends mid-season tournament was finally cancelled, after an initial plan to delay the tournament to July, in continued fallout to in-person events due to the COVID-19 pandemic. The League of Legends Mid-Season Invitational (MSI) tournament--which is run by Santa Monica-based Riot Games--was held in Taiwan last year. (More... <https://www.socaltech.com/fullstory/0079790.html>) *Carey Ransom, OC4 On Startups, Investments, and What To Do Now* <https://www.socaltech.com/fullstory/0079783.html> For our interview this morning, we spoke with Carey Ransom, from OC4 Venture Studio (www.oc4v.com). Carey tells us a bit about what OC4 is doing, how it invests and works with companies, and also gives startups some advice about how to approach moving forward in light of the pandemic. What is OC4? Carey Ransom: The way I think about it, is it is really the culmination of almost two decades of software and technology company building and investing. (More... <https://www.socaltech.com/fullstory/0079783.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 *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) *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]. *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 ------------------------------ *Recent Funding <#funding>* 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 2/26/20 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <https://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 SmartBug Media <https://www.socaltech.com/intelligence/?action=showdeal&id=99733> Irvine $0.00 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). 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