*socaltech.com <http://socaltech.com> TechNews - Thursday, August 6, 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 * - ServiceTitan Links With HVAC Giant Carrier <#0080196> - HONK Reports Increased Roadside Assistance Calls <#0080195> - Q CELLS Acquires Geli <#0080193> - Alorica Plans To Hire More Than 33,000 <#0080194> - Giftz Gets Additional Funding From Draper Goren Holm <#0080192> - Milken Insitute Shifts Conference Online <#0080191> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Technology Management and Operational Outsourcing – PulseOne <#ad765> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Thursday, August 6, 2020* *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 *ServiceTitan Links With HVAC Giant Carrier* <https://www.socaltech.com/fullstory/0080196.html> Los Angeles-based software developer ServiceTitan, which is led by Ara Mahdessian, has linked with heating, air conditioning, and refrigeration giant Carrier. According to ServiceTitan, it has been been designated the preferred field service contractor software vendor for the Carrier and Bryant HVAC brands in the U.S. (More... <https://www.socaltech.com/fullstory/0080196.html>) *HONK Reports Increased Roadside Assistance Calls* <https://www.socaltech.com/fullstory/0080195.html> Los Angeles-based HONK Technologies, which develops a roadside assistance and towing app, and is led by tech entrepreneur Corey Brundage, says it has saw a 54 percent increase in the number of roadside assistance calls in the first six months of 2020. The company said those numbers demonstrate the company's "grow and momentum" despite the pandemic. The company said it is using machine learning and automation to expand its operational efficiency. (More... <https://www.socaltech.com/fullstory/0080195.html>) *Q CELLS Acquires Geli* <https://www.socaltech.com/fullstory/0080193.html> Irvine-based solar cell and module manufactuer Q CELLS said this morning that it has is acquiring San Francisco-based energy storage software maker Growing Energy Labs, Inc. (Geli). Financial terms of the acquisition were not announced. Q CELLS said the buy will help expand its offerings in the Integrated Energy Storage Solutions area. (More... <https://www.socaltech.com/fullstory/0080193.html>) *Alorica Plans To Hire More Than 33,000* <https://www.socaltech.com/fullstory/0080194.html> Irvine-based outsource customer support and experience services provider Alorica claims it plans to hire more than 33,000 people, saying it has added more than 20 new clients in the first half of the year. The company--which says it has shifted over 90% of its accounts and 70,000 of its employees to work-at-home--says those hires will be made globally. The company already has operations in 14 countries, employing 100,000 providing customer experience services to brands. (More... <https://www.socaltech.com/fullstory/0080194.html>) *Giftz Gets Additional Funding From Draper Goren Holm* <https://www.socaltech.com/fullstory/0080192.html> Los Angeles-based Giftz, a startup that offers up a mobile wallet and marketplace for points, miles, and gift cards, has received an investment from LA's Draper Goren Holm, the two said on Wednesday. Size of the investment was not announced. According to Draper Goren Holm, the follow on investment goes towards supporting both Giftz as well as its COVID-19 Humanitarian & Economic Recovery initiative. Draper Goren Holm is the venture studio run by Tim Draper, Alon Goren, and Josef Holm. (More... <https://www.socaltech.com/fullstory/0080192.html>) *Milken Insitute Shifts Conference Online* <https://www.socaltech.com/fullstory/0080191.html> The Milken Institute Global Conference, one of Southern California's highest profile conferences of interest to the business and finance industry, says it is going fully virtual this year, with plans for a virtual conference running from October 12th through the 21st. The conference looks to be one of the highest profile events in the area which have decided to shift online, rather than entirely cancelling for the year. (More... <https://www.socaltech.com/fullstory/0080191.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]. *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]. *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 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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
