Monday, April 22, 2019
Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey
Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS & Subscription Businesses presented by Sutton Capital

Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more.

Attend the pre-conference workshop on April 30, 1-5pm followed by Happy Hour. Real tactics and actionable takeaways.

Interested in Sponsorship or exhibiting? Contact: Nancy Hammerman

Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info:

Avidity Biosciences Lands $35M In Deal With Lilly
La Jolla-based Avidity Biosciences, a developer of biopharmaceuticals that uses monoclonal antibodies and oligonucleotide-based therapeutics, said on Monday that it has received $20M in an upfront payment, as well as an investment of $15M in a deal with Lilly. According to Avidity, the company is also eligible to receive up to approximately $405 million per target for development, regulatory and commercialization milestones, as well as tiered royalties on product sales. According to the two comp (More info...)

posted on Monday, April 22, 2019(Full story)

Poseida Therapeutics Finds $142M
San Diego-based Poseida Therapeutics, a biopharmaceuticals startup developing non-viral gene engineering technology, has raised $142M in a Series C funding, the company said on Monday. According to the company, the funding was led by Novartis Pharma AG, which invested $75M in the round. Other investors in the round included Aisling Capital Management, Pentwater Capital Management, Perceptive Advisors, plus Malin Corporation plc., Longitude Capital, Vivo Capital and Boxer Capital, LLC. Poseida, w (More info...)

posted on Monday, April 22, 2019 (More)(Full story)

Beyond Meat Sets IPO Pricing Range
Los Angeles-based Beyond Meat, which develops plant-based meat products, which look and taste like real meat, has set its IPO pricing range, as its preps to go public. According to Beyond Meat, it expects an initial offering price of between $19.00 and $21.00 per share. The company has applied to list on the Nasdaq Global Market as BYND. Beyond Meat's IPO is being underwritten by Goldman Sachs & Co. LLC, J.P. Morgan, Credit Suisse, BofA Merrill Lynch, Jefferies, and William Blair. The next step (More info...)

posted on Monday, April 22, 2019(Full story)

ZipRecruiter CMO Resigns After Report On Alleged Sexual Misconduct
The Chief Marketing Officer of high flying, Los Angeles-based job recruiting technology developer ZipRecruiter has resigned from the company, after a story was published last week by BuzzFeed, detailing alleged sexual misconduct at his prior employer, Uber. Eyal Gutentag reportedly resigned on Friday. According to the report, Gutentag had been terminated from his job at Uber in 2015, over an alleged sexual battery incident, before later joining ZipRecruiter as CMO. ZipRecruiter reportedly now ha (More info...)

posted on Monday, April 22, 2019(Full story)

SpaceX Crew Dragon Suffers Anomaly During Engine Test
The SpaceX Crew Dragon, the spacecraft being designed by Hawthorne-based SpaceX to deliver astronauts into orbit, suffered what appears to be a major issue in testing on Saturday during an engine test--sending smoke billowing from its test location which was visible from miles away. According to SpaceX, there was an "anomaly" on the test stand involving a Crew Dragon test vehicle. No one was injured in the incident, although the capsule was believed to have been destroyed as a result of the inci (More info...)

posted on Monday, April 22, 2019(Full story)

Epic Sciences Names Chief Medical Officer
San Diego-based Epic Sciences, which is developing personalized medicine products for treating and managing cancer, said this morning that it has named Richard J. Wenstrup, M.D., as its new Chief Medical Officer. Wenstrup previously was Chief Medical Officer for Myriad Genetics, serving at that firm from 2006 to 2007. He also had been Chief Medical Officer at Oxford Immunotec, Inc, in addition to serving in academia. Epic Sciences said that Wenstrup will lead clinical development, regulatory and (More info...)

posted on Monday, April 22, 2019(Full story)

HyperX Rolls Out New DDR4 Memory
Fountain Valley-based HyperX, the gaming division of memory maker Kingston Technology, has rolled out two new DDR4 memory kits, aimed at system builders and DIY PC enthusiasts. According to Kingston, its new Predator DDR4 memory kits, available in 4266MHz and 4600MHz frequency versions, are available as 8GB modules in kits of two. Pricing on the new devices were not announced. According to HyperX, the "HyperX Predator DDR4" memory is compatible with Extreme Memory Profile (XMP) overclocking spe (More info...)

posted on Monday, April 22, 2019(Full story)

BDO - Southern California Technology Industry Team
BDO USA, LLP is a professional services firm providing assurance, tax, and
advisory services to publicly traded and privately held companies through
more than 60 offices domestically and 160 countries globally. Our
Southern California technology industry team professionals have deep experience helping online, software, hardware, and cleantech businesses in the local ecosystem to navigate the many issues affecting their businesses and to help them meet their larger strategic goals. Our team provides a wide range of guidance in the key issues effecting technology companies including, M&A advisory, initial public offerings, tax planning and consulting, intellectual property agreements, financial reporting and regulatory compliance matters. For more information, please contact our LA Technology leaders Anthony Ferguson, Tim Clackett, and Kris Kaufmann at

Square 1 Bank - Brian Weber
Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based
commercial bank with over $21 billion in assets. A full service financial
services partner to entrepreneurs and their investors, Square 1 provides
clients flexible resources and attentive service to help their companies
grow. Square 1 offers a broad range of venture debt, treasury and cash
management solutions through offices in top innovation centers: Atlanta,
Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles,
Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific
Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW).
For more information, visit, or send an email to
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Stubbs Alderton & Markiles 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.

SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine. 805-230-1350

Stradling, Attorneys At Law (

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.

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