*socaltech.com <http://socaltech.com> TechNews - Wednesday, April 29, 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 * - Ford Cancels Rivian Electric SUV Plans <#0079800> - HyperX Adds Fortnite Streamer As Brand Ambassador <#0079801> - Palisades Growth Capital Sells Stake In Docupace <#0079802> - 3Diligent Rolls Out New Software For Machine Shops <#0079799> - Scopely Acquires PierPlay, Developer Of Scrabble Go <#0079798> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> *Wednesday, April 29, 2020* *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 *Ford Cancels Rivian Electric SUV Plans* <https://www.socaltech.com/fullstory/0079800.html> Ford has cancelled an electric SUV it had planned to develop using technology from electric truck developer Rivian, as the automaker has gone into survival mode due to a massive impact from the ongoing pandemic. According to Ford's Lincoln arm, "Lincoln and Rivian have decided not to pursue development of a fully electric vehicle based on Rivian's skateboard platform," although Lincoln said they will continue to work together on other projects. (More... <https://www.socaltech.com/fullstory/0079800.html>) *HyperX Adds Fortnite Streamer As Brand Ambassador* <https://www.socaltech.com/fullstory/0079801.html> Fountain Valley-based HyperX is jumping into the world of Fortnite, saying this morning that it has signed up Fortnited streamer Soleil "Ewok" Wheeler as one of its brand ambassadors. According to HyperX, Ewok will use HyperX gaming keyboards, mice, mousepads, SSDs, and memory modules while streaming as part of the sponsorship deal. Other details on financial arrangements for the sponsorship were not announced. (More... <https://www.socaltech.com/fullstory/0079801.html>) *Palisades Growth Capital Sells Stake In Docupace* <https://www.socaltech.com/fullstory/0079802.html> Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace, a developer of software for the wealth management industry. Financial terms of the sale were not announced. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital. Docupace is led by CEO Mark Tapling; the company also is backed by San Diego-based TVC Capital. (More... <https://www.socaltech.com/fullstory/0079802.html>) *3Diligent Rolls Out New Software For Machine Shops* <https://www.socaltech.com/fullstory/0079799.html> El Segundo-based *3Diligent <http://www.3diligent.com>*, which provides CAD/CAM-based fabrication services such as 3D printing, machining, casting, and injection molding, said on Tuesday that it has launched new machine shop management software. The company said its new product, 3Diligent Shopsight, a set of tools aimed at streamlining digital manufacturing. 3Diligent said the new software works with its procurement service, ProdEX. 3Diligent is led by CEO Cullen Hilkene.(More... <https://www.socaltech.com/fullstory/0079799.html>) *Scopely Acquires PierPlay, Developer Of Scrabble Go* <https://www.socaltech.com/fullstory/0079798.html> Los Angeles-based mobile games developer *Scopely <http://www.scopely.com>*PierPlay, the mobile game developer behind the popular game "Scrabble Go". Financial terms of the acquisition were not announced. Scrabble Go launched in March, and is based on the Scrabble title, which was licensed from Hasbro and Mattel. Scrabble Go is PierPlay's first title. Scopely was the publisher on Scrabble Go.(More... <https://www.socaltech.com/fullstory/0079798.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 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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/ *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] ------------------------------ *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 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 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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