*socaltech.com <http://socaltech.com> TechNews - Wednesday, September 9, 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 * - BayWa r.e. Acquires Enable Energy <#0080324> - Esri Acquires nFrames <#0080323> - Monkey Knife Fight Teams With Texas Rangers <#0080325> - Inseego Rolls New 5G Hotspot For Verizon <#0080326> - Strategic Data Center Gets $200M Credit Facility For Data Center Acquisitions <#0080321> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - KPMG: SPACs: Unlocking a "blank check" <#ad768> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, September 9, 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] *BayWa r.e. Acquires Enable Energy* <https://www.socaltech.com/fullstory/0080324.html> BayWa r.e., a renewable energy developer and distributor with its U.S. office in Irvine, says it has acquired Enable Energy, a solar and energy storage solutions provider. Financial terms of the acquisition were not announced. BayWa r.e. says it will expand its solar and storage capabilities with the acquisition. Enable Energy provides engineering, procurement and construction (EPC) and operations and maintenance (O&M) support, according to BayWa r.e. BayWa r.e. (More... <https://www.socaltech.com/fullstory/0080324.html>) *Esri Acquires nFrames* <https://www.socaltech.com/fullstory/0080323.html> Redlands-based geographical information systems (GIS) giant Esri announced this morning that it has acquired nFrames, a company that develops imagery and lidar 3D surface reconstruction software. Financial terms of the acquisition were not announced. According to Esri, the addition of nFrames will help its users capture and analyze 3D data from aerial, drone, and ground-based sensors. nFrames is known for SURE, a tool which helps with 3D data creation. (More... <https://www.socaltech.com/fullstory/0080323.html>) *Monkey Knife Fight Teams With Texas Rangers* <https://www.socaltech.com/fullstory/0080325.html> Los Angeles-based fantasy sports site Monkey Knife Fight said this week that it has partnered with the Texas Rangers, on a promotion where the company will donate a minimum of $50,000 to the Texas Rangers Baseball Foundation. The promotion involves placing cutouts of their logo, "Furious George" in the left field seating area, and donating $10,000 to the Texas Rangers Baseball Foundation each time a ball from either the Rangers or the opposing team hits one of the cutouts. (More... <https://www.socaltech.com/fullstory/0080325.html>) *Inseego Rolls New 5G Hotspot For Verizon* <https://www.socaltech.com/fullstory/0080326.html> San Diego-based wireless hardware maker Inseego has rolled out a new, wireless hotspots for Verizon today, sayin git has launched a second-generation, 5G hotspots for Verizon's 5G Utra Wideband network. According to Inseego, its new Inseego MiFi M2100 5G UW mobile hotspot is now available from Verizon. The company said the new hardware is aimed at use by remote workers, first responders, for AR/VR, telemedecine, gaming, and other applications. (More... <https://www.socaltech.com/fullstory/0080326.html>) *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>) *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 *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 *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 *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 ------------------------------ *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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