*socaltech.com <http://socaltech.com> TechNews - Wednesday, July 1, 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 * - Scalefast Adds $22M For eCommerce Tools <#0080035> - Google Delays Office Reopenings On Virus Surge <#0080036> - J2 Global Target Of Short Seller <#0080037> - Aegis Technology Selected For NASA Grant <#0080034> - Order For Me Launches Touchless Restaurant Ordering App <#0080033> - LA's Elementary Robotics Finds $12.7M For Industrial Inspections <#0080032> - Jukin Media Hits $25M In Royalty Payments From Viral Videos <#0080031> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Accelerating Growth For Early Stage Innovation. <#ad764> - Technology Management and Operational Outsourcing – PulseOne <#ad765> - Rucksack: Build an unstoppable team <#ad766> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Wednesday, July 1, 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]. *Scalefast Adds $22M For eCommerce Tools* <https://www.socaltech.com/fullstory/0080035.html> Los Angeles-based Scalefast, a developer of direct-to-consumer, e-commerce software, has raised $22M in a Series B funding round. The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. According to Scalefast, it will use the new funding to expand its team, footprint, and product offering. Scalefast's software is specifically used by brands to scale direct-to-consumer sales. The company is led by CEO Nicolas Stehle. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=100510>)(More... <https://www.socaltech.com/fullstory/0080035.html>) *Google Delays Office Reopenings On Virus Surge* <https://www.socaltech.com/fullstory/0080036.html> Google appears to be pulling back on plans to reopen its offices after the July 4th weekend, after it has become apparent there is an ongoing surge in COVID-19 cases in the United States. According to Bloomberg, Google is now planning on keeping its offices closed until at least September 7th, at the earliest--a big change from plans to open them up in July. The move comes as California saw its largest jump in cases on Tuesday. Google has significant operations in the Los Angeles area. (More... <https://www.socaltech.com/fullstory/0080036.html>) *J2 Global Target Of Short Seller* <https://www.socaltech.com/fullstory/0080037.html> Los Angeles-based J2 Global, which operates a variety of Internet information and services businesses, appears to be the target of a short seller, saying late Wednesday night that a short seller has issued "false claims and distortions" about its business. J2 Global said that Hindenburg Research included the company in a short selling communications. (More... <https://www.socaltech.com/fullstory/0080037.html>) *Aegis Technology Selected For NASA Grant* <https://www.socaltech.com/fullstory/0080034.html> Santa Ana-based Aegis Technology, a developer of materials technology, has been selected for a $125,000 grant from NASA, to help develop low cost lithium-ion batteries with more desirable performance, including longer lifespans, NASA said on Tuesday. Aegis--one of a large number of companies selected for NASA SBIR and STTR grants this week--was highlighted as part of the announcement of $51M in awards for US small businesses. (More... <https://www.socaltech.com/fullstory/0080034.html>) *Order For Me Launches Touchless Restaurant Ordering App* <https://www.socaltech.com/fullstory/0080033.html> A new, Los Angeles-based startup, Order For Me, says it has launched a new, mobile platform aimed at helping restaurant customers order from menus in a "completely touchless" way. According to the startup, it has launched a new product which uses QR technology or designated restaurant codes, to let diners view menus, place their orders, and which goes directly to restaurants. The app also handles payments and splitting of bills between guests. (More... <https://www.socaltech.com/fullstory/0080033.html>) *LA's Elementary Robotics Finds $12.7M For Industrial Inspections* <https://www.socaltech.com/fullstory/0080032.html> Los Angeles-based Elementary Robotics, a new startup led by startup veteran Arye Barnehama, said on Tuesday that it has raised $12.7M in funding for its industrial robotics company. The funding was led by Threshold Ventures, and also included Fika Ventures, Fathom Capital, and Toyota AI Ventures. According to the company, it has now raised $15M in total. Elementary Robotics is working on robots it says will eventually augment human workers in complex tasks and for industrial inspection. (More... <https://www.socaltech.com/fullstory/0080032.html>) *Jukin Media Hits $25M In Royalty Payments From Viral Videos* <https://www.socaltech.com/fullstory/0080031.html> Los Angeles-based Jukin Media says it has surpassed $25M in total royalty payments to video creators which it represents, with $1M in royalty payments alone in Q1 of 2020. The company--best known for finding and representing the creators of viral videos--says it is seeing an uptick in interest from TV shows and commercials, as the global pandemic has slowed the entertainment industry to a halt. (More... <https://www.socaltech.com/fullstory/0080031.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 *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 *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]. *Rucksack: Build an unstoppable team <https://rucksack.collective-genius.com/>* Build an unstoppable team by gaining access to over twenty years of best practices and tools from venture backed CEO's, founders, and investors in one online platform. Subscribe to Rucksack and get the entire Peak Planning and Tools System. Over 50 organized assets, videos, and printable resources. Including Peak Annual and Quarterly Guided Planning session videos and resources to build your Three Year Vision, One Year Plan, Quarterly OKRs, KPIs, Metrics Dashboard, Core Values, Mission Statement, Weekly Camp Meetings, additional tools and resources. https://rucksack.collective-genius.com/ *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 *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>* 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 5/13/20 Upkeep <https://www.socaltech.com/intelligence/?action=showdeal&id=100100> Los Angeles $36.00 M 5/06/20 BURST Oral Care <https://www.socaltech.com/intelligence/?action=showdeal&id=100010> Walnut $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 2, Los Angeles -- *Heath Tech and Innovation. General Assembly* Heath Tech and Innovation. General Assembly. Ever wondered how the healthcare industry got to where it is today? The answer likely lies in tech. Overview: At this exclusive panel event, we host thought-leaders from a specific industry — such as finance, food, or art — to explore new intersections between their field and technology. Together, we discuss how they’ve been impacted by the rise of tech, ways they’ve adapted and innovated along the way, and what they expect to see in the future. What You’ll Take Away: Gain insight and inspiration from experts in specific fields and hear first-hand how technology is transforming their work. Expand your understanding of today’s tech-based world, and fuel your own ideas for the future. Featured Experts: Leaders in the health tech community will break down the biggest challenges and opportunities they face with the rise of new technology, and explain how their teams adapt to the fast pace of innovation. Why It Matters: The omnipresence of technology has rapidly transformed lives over the last decade (remember, the iPhone was only released in 2007). Now, it’s rare to go about a regular day without interacting with tech — whether it’s an alarm app that wakes you up, your Nest Thermostat-regulated apartment, or the software you use at work. Staying ahead of the innovation curve and being able to predict the future of tech in various industries has never been more important — both at work and at play. See http://www.socaltech.com/calendar/eventid/26629 July 9, Irvine -- *TCVN Fireside Chat with Sean Ellis: Growth Hacking in a Post Covid-19 World* *NEW* . See http://www.socaltech.com/calendar/eventid/26630 ------------------------------ *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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