*socaltech.com <http://socaltech.com> TechNews - Wednesday, August 5, 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 * - BidGarage Launches Classic Car Auction Site <#0080187> - Off Day Trainer Links With Mindbody <#0080188> - Clearlake Boosts Investment In Diligent <#0080189> - Jobot Aims Job Recruiting At Mortgage Industry <#0080190> - Qualified.com, With LA Exec, Gets $12M <#0080186> - Syntiant Finds $35M More For AI Chips <#0080185> - Virgin Galactic Ties With Rolls Royce On Supersonic Aircraft <#0080183> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Wednesday, August 5, 2020* *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]. *BidGarage Launches Classic Car Auction Site* <https://www.socaltech.com/fullstory/0080187.html> Los Angeles-based BidGarage.com announced late Tuesday that it has launched a new, online classic car auctino site. According to the company, the new service connects people with low-mileage, high-value vehicles to global buyers, curating vehicles that appear on the marketplace. According to BidGarage, it offers up real time bidding, fully vetted vehicles, and a library of relevant content; the company offers up listings for free, and charges a 5% total commission split betwen buyer and seller. (More... <https://www.socaltech.com/fullstory/0080187.html>) *Off Day Trainer Links With Mindbody* <https://www.socaltech.com/fullstory/0080188.html> San Luis Obispo-based software company Off Day Trainer, which operates a remote training and communications software platform for fitness professionals to communicate with their clients, has linked with fellow San Luis Obispo-based Mindbody, the company announced this morning. According to Off Day Trainer, the partnership makes it the first beta integration partner on Mindbody's new Partner Store. Mindbody offers up booking and other tools for the fitness, wellness, and beauty industry. (More... <https://www.socaltech.com/fullstory/0080188.html>) *Clearlake Boosts Investment In Diligent* <https://www.socaltech.com/fullstory/0080189.html> Santa Monica-based private equity investor Clearlake Capital Group, L.P., as well as funds from Blackstone Tactical Opportunities, have increased their investment in New York-based Diligent, a developer of portal software for corporate boards. Financial details of that investment were not announced. Diligent's biggest investor is Insight Partners. According to Diligent, it now has more than 19,000 clients. (More... <https://www.socaltech.com/fullstory/0080189.html>) *Jobot Aims Job Recruiting At Mortgage Industry* <https://www.socaltech.com/fullstory/0080190.html> Irvine-based Jobot, the AI-powered recruiting and staffing company led by Heidi Golledge, says it has expanded into the mortgage industry, saying it has been hiring for remote job openings for mortgage underwriters, loan processors and closers as well as management and loan officer positions. The company said it is using a blend of AI technology and people to match people to job openings. (More... <https://www.socaltech.com/fullstory/0080190.html>) *Qualified.com, With LA Exec, Gets $12M* <https://www.socaltech.com/fullstory/0080186.html> Qualified, a startup developing conversational marketing software for companies that use Salesforce, said on Tuesday that it has raised $12M in its Series A funding. The company--whose President and Chief Revenue Officer, Eric Sikola is located in Los Angeles--said the funding was led by Norwest Venture Partners, and also included Redpoint Ventures and Salesforce Ventures. Sikola said Qualified is adding team members in Los Angeles shortly. (More... <https://www.socaltech.com/fullstory/0080186.html> ) *Syntiant Finds $35M More For AI Chips* <https://www.socaltech.com/fullstory/0080185.html> Irvine-based Syntiant, a developer of processors used for artificial intelligence applications, has raised $35M more in the company's Series C funding round. The round was led M12, the venture capital investment arm of Microsoft, and Applied Ventures, the venture arm of Applied Materials, and also included Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures. (More... <https://www.socaltech.com/fullstory/0080185.html>) *Virgin Galactic Ties With Rolls Royce On Supersonic Aircraft* <https://www.socaltech.com/fullstory/0080183.html> Virgin Galactic, the commercial spaceflight operator with operations in Mojave, said on Monday that it has partnered with Rolls-Royce on an effort to build an aircraft for supersonic air travel. Financial details of the deal were not announced. According to Virgin Galactic, it has completed a missio concept review with NASA of a supersonic vehicle design, and is working with the Federal Aviation Administration (FAA) on how it might certify its aircraft for flight. (More... <https://www.socaltech.com/fullstory/0080183.html>) *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 *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 *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>* 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 5, Los Angeles -- *National Venture Plan Competition Applications are Open - Early Bird Registration* National Venture Plan Competition Applications are Open - Early Bird Registration. This is not your typical business plan competition. You’ll have the chance to win cash and in-kind prizes of course… but how many competitions have you been to that give you the opportunity to present to 32+ Angel Groups, VCs and Family Offices and have several chances at raising capital? The National Venture Plan Competition does. Apply to 1 of 10 categories and submit your 3-page plan, 15-page deck, and 60-second video pitch then go through 3 rounds of judging by 110+ prominent and experienced investors from across the US. If that’s not enough, you can even join if you’re not competing - both applicants and spectators will have access to a myriad of webinars and live judging events. Early bird registration opens today, grab your ticket now. See http://www.socaltech.com/calendar/eventid/26665 August 10, Orange County -- *Valuation Trends and Insights with John Harbison, Chairman Emeritus of TCA* JoiValuation Trends and Insights with John Harbison, Chairman Emeritus of TCA. JJ Richa of Pismo Ventures in a fireside chat with John Harbison to discuss valuations and their trends. Valuation is a mysterious black box that ultimately determines whether there is sufficient demand among investors to get a company adequately funded. At this point in the investment cycle (entering a deep recession), valuation expectations are all over the map and the stakes are high -- missteps can be fatal. How does an entrepreneur successfully navigate these waters to access the capital needed and position the company for future success in later rounds. See http://www.socaltech.com/calendar/eventid/26666 August 27, Los Angeles -- *11th Annual Women In Green Forum* 11th Annual Women In Green Forum. The Women In Green Forum has emerged as the premier conference series highlighting women’s impact on the environmental industry. The Women In Green Forum (WIGF) is the largest conference of its kind and attracts an international audience of environmental professionals. Each year, we convene sustainability trailblazers who share insights about the newest and most cutting-edge environmental innovations. . 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. 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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