*socaltech.com <http://socaltech.com> TechNews - Tuesday, September 8, 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 * - Strategic Data Center Gets $200M Credit Facility For Data Center Acquisitions <#0080321> - Hollywood Studios To Collect $9.9M From VidAngel <#0080320> - VideoAmp Names EVP <#0080318> - Ensysce Biosciences Names New Board Member <#0080319> - VueXR Launches Augmented Reality, VR Publishing Tool <#0080322> - Tinder Launching Swipe Night On September 12th <#0080305> *Marketplace* - KPMG: SPACs: Unlocking a "blank check" <#ad768> - 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> - Stradling <#ad608> *Tuesday, September 8, 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. *Strategic Data Center Gets $200M Credit Facility For Data Center Acquisitions* <https://www.socaltech.com/fullstory/0080321.html> Costa Mesa-based *Strategic Data Center Fund Manager*, which acquires data center real estate, says it has secured $200M in a credit facility, from Sunflower Bank. The company said the credit line--initially worth $25M--will allow it to continue acquiring and developing its portfolio of data center real estate assets. Strategic Data Center said the first $25M of the line of credit will go to facilitate the acquisition of a data center property. Bryan Marsh is CEO of Strategic Data Center.(More... <https://www.socaltech.com/fullstory/0080321.html>) *Hollywood Studios To Collect $9.9M From VidAngel* <https://www.socaltech.com/fullstory/0080320.html> A group of Hollywood studios will collect $9.9M from bankrupt "movie sanitizing" service VidAngel, and VidAngel will drop a appeal of a $62.4M copyright infringement suit award, as part of an agreement between VidAngel and the studios. Disney, Warner Bros., 20th Century Fox and others had sued VidAngel in 2016, in order to stop the company from editing movies and streaming them to its customers. VidAngel--based in Utah--filed for bankruptcy in October of 2017, in order to avoid paying the $62. (More... <https://www.socaltech.com/fullstory/0080320.html>) *VideoAmp Names EVP* <https://www.socaltech.com/fullstory/0080318.html> Los Angeles-based VideoAmp, which measures advertising impact across multiple mediums--including linear TV, OTT, and digital--says it has named Jonathan Steuer as its EVP of TV Strategy and Currency. Steuer was most recently Chief Research Officer at Omnicom Media Group (OMG). The company says Steuer has been in media research and audience-based media planning for nearly two decades. VideoAmp is backed by Raine Group, Ankona Capital, Mediaocean, and RTL Group. (More... <https://www.socaltech.com/fullstory/0080318.html>) *Ensysce Biosciences Names New Board Member* <https://www.socaltech.com/fullstory/0080319.html> San Diego-based *Ensysce Biosciences <http:/www.ensysce.com>*, which is developing opioid pain medication, says it has named Steven R. Martin to its board of directors. Martin is Senior VP and Chief Financial Officer of Aramata Pharmaceuticals. Ensysce said the expansion will help move its new opioid drug glasses, TAAP and MPAR, through clinical development. Ensysce says it is developing 2 new classes of opioid pain medication with abuse and overdose protection.(More... <https://www.socaltech.com/fullstory/0080319.html>) *VueXR Launches Augmented Reality, VR Publishing Tool* <https://www.socaltech.com/fullstory/0080322.html> Los Angeles- and India-based *VueXR <http://www.vuexr.com>*, a developer of augmented reality, virtual reality, and mixed reality publishing tools, said it has launched a new platform to help publish content via iOS and Android smartphones. According to the company, its free tool can be used to share XR emojis, send XR wishes, showcase animated XR movie trailers, share XR game trailers, and more. The ocmpany said it was founded in Gujarat, India, by Ankit Patel and Sanket Kale.(More... <https://www.socaltech.com/fullstory/0080322.html>) *Tinder Launching Swipe Night On September 12th* <https://www.socaltech.com/fullstory/0080305.html> Los Angeles-based dating and hookup app Tinder says it is finally launching its Swipe Night interactive event, after being forced to delay the launch of the new feature back in March. The interactive event--a "choose your adventure" style event which shapes who is matched up with others based on choices through the app. (More... <https://www.socaltech.com/fullstory/0080305.html>) *KPMG: SPACs: Unlocking a "blank check" <https://events-meetings.kpmg.com/events/capital-markets-series/registration-ac9d9c102598479ab8cd432612713837.aspx?fqp=true>* KPMG Capital Markets and Fenwick Capital Markets Series SPACs: Unlocking a "blank check" Blank check investors--also known as special purpose acquisition companies (SPACs)--raised more than $12 billion in the first half of 2020. Now, they are looking to spend that capital on privately held companies. But securing that blank check investment isn't as easy as it sounds. Date: Wednesday, September 23, 2020 Time: 3:00 p.m. to 4:00 p.m. PT Register today! https://events-meetings.kpmg.com/events/capital-markets-series/registration-ac9d9c102598479ab8cd432612713837.aspx?fqp=true *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 *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. ------------------------------ *Recent Funding <#funding>* 8/25/20 Songtradr, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100821> West Hollywood $30.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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. 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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