*socaltech.com <http://socaltech.com> TechNews - Tuesday, August 25, 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 * - Wrapbook Finds $3.6M For Film, Production Payroll Management <#0080267> - Impact Acquires ACTIVATE <#0080268> - COVID-19 Shifts Business Expenses, Says Report <#0080269> - Ingram Micro On The Block, Says Report <#0080265> - Report: Spaces Acquired By Apple <#0080266> - Triller In Strategic Alliance With India's JioSaavn <#0080264> - Oblong Reports Big Win <#0080263> - Irvine's Menlo Micro Takes Lead In RF MEMS Switching, Says Report <#0080262> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Technology Management and Operational Outsourcing – PulseOne <#ad765> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Stradling <#ad608> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> *Tuesday, August 25, 2020* *Virtual London Tech Week - September 8th < [email protected]>* Join the British Consulate in Los Angeles on a virtual trade mission for London Tech Week. A tailored series of virtual events starting 8th September that will include insight into the innovation landscape with the London Mayor’s Office, routes to capital with London Stock Exchange group, understanding the UK-US political landscape and free trade agreement with Her Majesty’s Trade Commissioner, and practical sessions to understand the costs, opportunity, and things to avoid with growing your opportunities in the UK. Contact [email protected] for a mission brochure and information on applying. Successful applicants will join the mission and receive dedicated assistance form the UK Government global investment team. *Wrapbook Finds $3.6M For Film, Production Payroll Management* <https://www.socaltech.com/fullstory/0080267.html> Los Angeles-based Wrapbook, a startup developing payroll, compliance, and insurance software for the entertainment industry, said it has raised $3.6M in a seed funding round. The funding came from Equal Ventures, Uncork Capital, Steve Sarowitz (founder of Paylocity), and 4S Bay Partners. According to Wrapbook, its software platform handles the labor-intensive process of onboarding, paying and insuring film and production crews. ( More... <https://www.socaltech.com/fullstory/0080267.html>) *Impact Acquires ACTIVATE* <https://www.socaltech.com/fullstory/0080268.html> Santa Barbara-based Impact, which develops partnership management software, said this morning that it has acquired ACTIVATE, an influencer marketing platform which provides influencer discovery, program workflow, measurement, and analytics. Financial details of the acquisition were not announced. Impact said the acquisition will bolster "influencer capabilities" within its cloud-based software. (More... <https://www.socaltech.com/fullstory/0080268.html>) *COVID-19 Shifts Business Expenses, Says Report* <https://www.socaltech.com/fullstory/0080269.html> A new analysis, by Los Angeles-based expense management software developer Emburse, shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments. (More... <https://www.socaltech.com/fullstory/0080269.html>) *Ingram Micro On The Block, Says Report* <https://www.socaltech.com/fullstory/0080265.html> Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. The deal is reportedly worth around $7 billion, according to Bloomberg. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. Bloomberg cited "people with knowledge of the matter" for the report. (More... <https://www.socaltech.com/fullstory/0080265.html>) *Report: Spaces Acquired By Apple* <https://www.socaltech.com/fullstory/0080266.html> Los Angeles-based Spaces, which had been developing in-person locations to experience virtual reality, has reportedly been acquired by Apple. A report, from Protocol, said the acquisition came after Spaces announced a shutdown of its services last week. Spaces offered up in-person, virtual reality experiences for theme parks and other retail spaces--which all had been shut down due to the pandemic. (More... <https://www.socaltech.com/fullstory/0080266.html>) *Triller In Strategic Alliance With India's JioSaavn* <https://www.socaltech.com/fullstory/0080264.html> Los Angeles-based TikTok-rival Triller announced on Monday afternoon that it is in a strategic alliance with music streaming service JioSaavn, which it says is India's largest music streaming service. According to Triller, JioSaavn will soon be embedding Triller into its service, automatically showing a Triller music video when a music video is watched within the JioSaavn streamer. JioSaavn will also include a "Make a Triller Video" on its main screen, according to the two. (More... <https://www.socaltech.com/fullstory/0080264.html>) *Oblong Reports Big Win* <https://www.socaltech.com/fullstory/0080263.html> Los Angeles-based Oblong, which develops products to help with telepresence and collaboration, says it has scored a major order for its Mezzanine product. Financial details of the win were not announced, however, Oblong said a "multinational branded consumer products company" selected the company's system, and will deploy it across 16 cities in 10 countries. ( More... <https://www.socaltech.com/fullstory/0080263.html>) *Irvine's Menlo Micro Takes Lead In RF MEMS Switching, Says Report* <https://www.socaltech.com/fullstory/0080262.html> Irvine-based Menlo Micro, a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum. The company--a spinoff of GE Ventures--reportedly now has 30 customers in aerospace, military, and wireless-infrastructure industries. (More... <https://www.socaltech.com/fullstory/0080262.html>) *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]. *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]. *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. *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 *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 ------------------------------ *Recent Funding <#funding>* 8/24/20 Connect Biopharma <https://www.socaltech.com/intelligence/?action=showdeal&id=100820> San Diego $115.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 September 6, Los Angeles -- *National Business Plan Competition Deadline/Pismo Ventures* National Business Plan Competition Deadline/Pismo Ventures. Pismo Ventures presents the National Venture Plan Competition (NVPC). The NVPC is a business plan competition offering startups and entrepreneurs, across the United State, a unique opportunity to present their plans to experienced investors, screen in front of multiple investor groups nationwide, win cash and in-kind prizes, and participate in an array of invaluable webinars. Most of all, the competition provides participants one of the biggest opportunities to raise capital by being fast-tracked to present to many investor groups, angels, VCs and family offices across the US. Seee https://bit.ly/2ZRkWPP. See http://www.socaltech.com/calendar/eventid/26636 September 9, Los Angeles -- *Digital Summit LA* Out of concern for the health and safety of our attendees and staff, Digital Summit Los Angeles will reschedule our 2020 to September 9-11. Thanks!. See http://www.socaltech.com/calendar/eventid/26647 September 15, Los Angeles -- *Urban Tech Connect 2020 // Forward* We believe that diverse ideas from all walks of life can help expand the realm of possibility for the entire world. The Urban Tech Connect // Forward Conference is helping bridge the gap of diverse ideation in technology. You can expect: Fine tune your fundraising and marketing strategies Target angels and VCs to raise money Overcome your fears and insecurities as a founder of color Develop tactics for product growth Tap into Job Opportunities in Tech Learn more about the speakers and conference at https://utc.pluginsouthla.com/. Organizer: Plug In South Los Angeles Venue: Virtual Conference (Agenda and login instructions provided up registration). See http://www.socaltech.com/calendar/eventid/26664 ------------------------------ *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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