*socaltech.com <http://socaltech.com> TechNews - Tuesday, March 10, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://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 * - EZ Texting Launches New SMS Marketing Services <#0079613> - Inseego Gets $25M Injection <#0079612> - Quibi Sues Eko <#0079611> - Age Of Learning Opens Up Access For Families Hit By School Closures <#0079614> - Recurring Revenue Conference Postponed On Virus Disruption <#0079610> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Pacific Western Bank, Venture Banking Group <#ad749> *Tuesday, March 10, 2020* *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]. *EZ Texting Launches New SMS Marketing Services* <http://www.socaltech.com/fullstory/0079613.html> Santa Monica-based *EZ Texting <https://www.eztexting.com/>*, a developer of SMS marketing software, says it has launched two new services. According to the firm, it has added new, two-way business text messaging which coverts an existing business phone number to send and receive text messages; and a new iOS app, which lets businesses communicate wtih their customers in real-time. Pricing on the new services were not detailed by the company. EZ Texting is led by CEO Norman Happ.(More... <http://www.socaltech.com/fullstory/0079613.html>) *Inseego Gets $25M Injection* <http://www.socaltech.com/fullstory/0079612.html> San Diego-based Inseego, which develops 5G and Internet-of-Things technology, said this morning that it has received $25M via a private placement, in a Series E Preferrred Stock sale. The funding came from a private fund managed by Mubadala Investment Company's asset management arm, Mubadala Capital. The company said Mubadala Capital joins other major investors, including Tavistock Group and North Sound Partners. (More... <http://www.socaltech.com/fullstory/0079612.html>) *Quibi Sues Eko* <http://www.socaltech.com/fullstory/0079611.html> Los Angeles-based short-form streaming media startup Quibi, founded by Jeffrey Katzenberg and Meg Whitman, has sued a competitor--Interlude US Inc, which runs the interactive multimedia entertainment service Eko, saying that it has "embarked on a campaign of threats and harassment to coerce money or a licensing deal from Quibi". Apparently, Eko has accused Quibi of infringing on a patent. The legal move comes ahead of any formal patent infringement lawsuit from Interlude US Inc. (More... <http://www.socaltech.com/fullstory/0079611.html>) *Age Of Learning Opens Up Access For Families Hit By School Closures* <http://www.socaltech.com/fullstory/0079614.html> Los Angeles-based educational software provider Age Of Learning said today that it is opening up free access to its software to families, whose children are in school that are closed due to the coronavirus outbreak. According to the company, it is offering families free, at-home access to its titles ABCmouse, Adventure Academy, and ReadingIQ. The company said that schools and school districts can also give their students access to the titles through a separate website. (More... <http://www.socaltech.com/fullstory/0079614.html>) *Recurring Revenue Conference Postponed On Virus Disruption* <http://www.socaltech.com/fullstory/0079610.html> The Recurring Revenue Conference, the annual conference focused on scaling software-as-a-service and subscription businesses--which is presented by Sutton Capital Partners--has been postponed until sometimes this Fall, according to the conference organizers. Citing the "disruption and uncertainty" due to the COVID-19 coronavirus outbreak, RRC said it will be announcing a new date soon for its annual event, which normally has over 700 attendees. (More... <http://www.socaltech.com/fullstory/0079610.html>) *UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057>* The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 *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/ *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>* 3/03/20 TaleSpin LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <http://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <http://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 M 2/20/20 Cloudbreak Health, LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 M 2/20/20 SmartBug Media <http://www.socaltech.com/intelligence/?action=showdeal&id=99733> Irvine $0.00 M 2/19/20 Digital Motors <http://www.socaltech.com/intelligence/?action=showdeal&id=99731> Irvine $0.00 M 2/18/20 Open Raven <http://www.socaltech.com/intelligence/?action=showdeal&id=99721> Marina Del Rey $4.10 M 2/13/20 GumGum <http://www.socaltech.com/intelligence/?action=showdeal&id=99720> Santa Monica $22.00 M 2/13/20 Seqster <http://www.socaltech.com/intelligence/?action=showdeal&id=99719> San Diego $0.00 M 2/12/20 HEADSPACE, INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=99703> Santa Monica $53.00 M 2/10/20 JenaValve Technology Inc <http://www.socaltech.com/intelligence/?action=showdeal&id=99680> Irvine $50.00 M 2/05/20 NGD Systems <http://www.socaltech.com/intelligence/?action=showdeal&id=99605> Irvine $20.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html March 23, Los Angeles -- *Digital Summit LA* Digital Summit LA. Come experience the most impactful offering of digital marketing tips, strategies, and best practices, while networking with over 1000+ marketing professionals just like you. See http://www.socaltech.com/calendar/eventid/26611 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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