*socaltech.com <http://socaltech.com> TechNews - Thursday, September 10, 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 * - VertueLab Launches Climate Impact Fund With Donation From LA Philanthropists <#0080330> - RepairSmith Offers Up $250K in Free Repairs To Nonprofits <#0080328> - OpenX Names New CFO <#0080329> - Seismic Names VP <#0080331> - UNest Acquires Littlefund <#0080327> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> - Become a Socaltech Supporter! <#ad724> - Become a Socaltech Supporter! <#ad724> - Stradling <#ad608> *Thursday, September 10, 2020* *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 *VertueLab Launches Climate Impact Fund With Donation From LA Philanthropists* <https://www.socaltech.com/fullstory/0080330.html> A new, climate-focused investment fund--the VertueLab Climate Impact Fund--said it launched yesterday afternoon, fueled by a donation from a couple of Los Angeles area philanthropists. Portland-based VertueLab said it launched its $5M, Climate Impact Fund with the first close of $525,000 from the Woka Foundation, ImpactAssets, Vanguard Charitable and a number of individuals. The Woka Foundation was co-founded by Barbara Karplus and her husband Rob Womer, two philanthropists from Ventura County. (More... <https://www.socaltech.com/fullstory/0080330.html>) *RepairSmith Offers Up $250K in Free Repairs To Nonprofits* <https://www.socaltech.com/fullstory/0080328.html> Los Angeles-based on-demand, mobile automotive repair service RepairSmith announced this week that it will provide up to $250,000 in free repair service to nonprofits focused on advancing socioeconomic, racial and ethnic equality, in the company's service area. According to the company, Jump Start, its new program, will allow any non-profit which meets its program criteria to apply for up to $10,000 in free services for its passenger and light duty vehicles. (More... <https://www.socaltech.com/fullstory/0080328.html>) *OpenX Names New CFO* <https://www.socaltech.com/fullstory/0080329.html> L (More... <https://www.socaltech.com/fullstory/0080329.html>) *Seismic Names VP* <https://www.socaltech.com/fullstory/0080331.html> San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Cole was previously VP and Research Director at Forrester-SiriusDecisions. According to Seismic, Cole has over 20 years of expertise and leadership in the area, and also had served at Wolters Kluwer, Ricoh, IKON and Pitney Bowes. Seismic is venture backed by Lightspeed Venture Partners, T. (More... <https://www.socaltech.com/fullstory/0080331.html>) *UNest Acquires Littlefund* <https://www.socaltech.com/fullstory/0080327.html> North Hollywood-based UNest, which operates a mobile app which helps parents set up saving plans for their children's college, has acquired Littlefund, an app and service which helps parents with collecting gifts, and tracking and saving towards a child's goals. According to UNest, the acquisition will help it expand its product offerings. Financial details of the acquisition were not announced. UNest said it will integrate features, including gifting, into its iOS and Android apps. (More... <https://www.socaltech.com/fullstory/0080327.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 *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 *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] *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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 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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