*socaltech.com <http://socaltech.com> TechNews - Friday, July 31, 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 * - IntelliMedia Networks Acquires GlobalMLX <#0080171> - Appetize Powers Socially Distanced Drive In Concerts <#0080170> - Sonos, Lenbrook Settle Patent Infringement Lawsuit <#0080169> - LA's Triller Sues TikTok <#0080168> - MomentFeed Finds $10M More <#0080167> *Marketplace* - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Technology Management and Operational Outsourcing – PulseOne <#ad765> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> *Friday, July 31, 2020* *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] *IntelliMedia Networks Acquires GlobalMLX* <https://www.socaltech.com/fullstory/0080171.html> Los Angeles-based streaming media distribution and immersive training technology provider IntelliMedia Networks has acquired Canadian company GlobalMLX, the companies said this week. Financial terms of the acquisition were not announced. GlobalMLX is a provider of supply-chain security training and certification consulting, providing anti-terrorism supply-chain training and certification for cargo transport to the United States. (More... <https://www.socaltech.com/fullstory/0080171.html>) *Appetize Powers Socially Distanced Drive In Concerts* <https://www.socaltech.com/fullstory/0080170.html> Los Angeles-based point-of-sale and digital ordering technology developer Appetize reports that its products are being used for a socially distanced, drive-in concert series being run by Live Nation. According to Appetize, it is the digital ordering provider for "Live at the Drive-In," a set of shows scheduled to run through 2020. (More... <https://www.socaltech.com/fullstory/0080170.html>) *Sonos, Lenbrook Settle Patent Infringement Lawsuit* <https://www.socaltech.com/fullstory/0080169.html> Santa Barbara-based whole-home audio systems developer Sonos, and audio systems developer Lenbrook Industries have settled a patent infringement lawsuit that Sonos had filed against Lenbrook. Financial details of the settlement were not announced, however, the two said that Lenbrook Industries will pay royalties for a license to Sonos' patents for all BluOS enabled devices. Lenbrook is the maker of the NAD Electronics, PSB Speakers, and Bluesound wireless audio products. (More... <https://www.socaltech.com/fullstory/0080169.html>) *LA's Triller Sues TikTok* <https://www.socaltech.com/fullstory/0080168.html> Los Angeles-based video sharing app Triller--which competes directly against the more popular TikTok, has sued TikTok over patent infringement. Triller--led by CEO Mike Lu--said tht TikTok is infringing on its patent stitching together multiple music videos with a single audio track. The patent infringement suit was filed in the U.S. District Court for the Western District of Texas, which is a popular court for patent lawsuit. ( More... <https://www.socaltech.com/fullstory/0080168.html>) *MomentFeed Finds $10M More* <https://www.socaltech.com/fullstory/0080167.html> Santa Monica-based MomentFeed, which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors. The company says it has now raised $38.3M in total. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=29714>)(More... <https://www.socaltech.com/fullstory/0080167.html>) *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>http://www.sycr.com ) 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. *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 *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]. *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]. *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 ------------------------------ *Recent Funding <#funding>* 7/30/20 MomentFeed <https://www.socaltech.com/intelligence/?action=showdeal&id=100700> Santa Monica $10.00 M 7/29/20 Heal <https://www.socaltech.com/intelligence/?action=showdeal&id=100699> Pacific Palisades $100.00 M 7/22/20 TrackStreet, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100695> Santa Barbara $5.10 M 7/20/20 Gemist <https://www.socaltech.com/intelligence/?action=showdeal&id=100579> Los Angeles $0.00 M 7/20/20 Carbonated Games <https://www.socaltech.com/intelligence/?action=showdeal&id=100581> El Segundo $8.50 M 7/20/20 Ready, Set, Food! <https://www.socaltech.com/intelligence/?action=showdeal&id=100582> Encino $3.00 M 7/09/20 Kernel <https://www.socaltech.com/intelligence/?action=showdeal&id=100542> Los Angeles $53.00 M 7/08/20 VelosBio Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100084> San Diego $137.00 M 6/25/20 Clickup <https://www.socaltech.com/intelligence/?action=showdeal&id=100534> San Diego $35.00 M 6/25/20 Treehouse Games <https://www.socaltech.com/intelligence/?action=showdeal&id=100533> Los Angeles $2.60 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 3, Orange County -- *Fixing the Top Fundraising Mistakes Startup Entrepreneurs Make* *NEW* . See http://www.socaltech.com/calendar/eventid/26663 August 5, Los Angeles -- *National Venture Plan Competition Applications are Open - Early Bird Registration* *NEW* . See http://www.socaltech.com/calendar/eventid/26665 August 10, Orange County -- *Valuation Trends and Insights with John Harbison, Chairman Emeritus of TCA* *NEW* . See http://www.socaltech.com/calendar/eventid/26666 August 27, Los Angeles -- *11th Annual Women In Green Forum* *NEW* . See http://www.socaltech.com/calendar/eventid/26649 ------------------------------ *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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