*socaltech.com <http://socaltech.com> TechNews - Friday, October 2, 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 * - BAM Ventures, Led By Brian Lee, Seeks $50M In Third Fund <#0080430> - Inseego Adds Board Member <#0080429> - Semtech Names Two New Directors <#0080428> - Cryptocurrency Mogul Brock Pierce Running Presidential Campaign <#0080427> - Signal Sciences Acquisition By Fastly, Worth $775M, Completes <#0080426> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - UK Government's Department for International Trade (DIT) <#ad756> - Accelerating Growth For Early Stage Innovation. <#ad764> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Friday, October 2, 2020* *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. *BAM Ventures, Led By Brian Lee, Seeks $50M In Third Fund* <https://www.socaltech.com/fullstory/0080430.html> BAM Ventures, the venture capital investment firm founded by serial entrepreneur Brian Lee, is looking to raised $50M in a third venture capital fund, BAM Ventures III, L.P.. Lee--best known for co-founding LegalZoom, as well as Shoedazzle--has been making investments from his own funds for a number of years. BAM's prior fund, BAM Ventures II, was $20M, with the first fund, BAM Ventures I, worth $6M. (More... <https://www.socaltech.com/fullstory/0080430.html>) *Inseego Adds Board Member* <https://www.socaltech.com/fullstory/0080429.html> San Diego-based wireless device and IoT products maker Inseego announced late Thursday that it has added an additional board member. According to the company, it has increased the number of directors on its boards from five to six, and added Christopher Lytle to the board. (More... <https://www.socaltech.com/fullstory/0080429.html>) *Semtech Names Two New Directors* <https://www.socaltech.com/fullstory/0080428.html> Camarillo-based semiconductor developer Semtech announced that it has named two new directors to its board on Thursday, adding Paula LuPriore and Martin S.J. Burvill to an expanded board. The company said LuPriore and Burvill were added as a result of expanding its board size to 11 members. ( More... <https://www.socaltech.com/fullstory/0080428.html>) *Cryptocurrency Mogul Brock Pierce Running Presidential Campaign* <https://www.socaltech.com/fullstory/0080427.html> Brock Pierce, the former Los Angeles area startup entrepreneur and investor who made a fortune in the cryptocurrency space, has quietly been running as a third party for President of the United States over the last few months. Pierce--who now makes his home with a number of other cryptocurrency moguls in Puerto Rico--filed a statement of candidacy back in July. (More... <https://www.socaltech.com/fullstory/0080427.html>) *Signal Sciences Acquisition By Fastly, Worth $775M, Completes* <https://www.socaltech.com/fullstory/0080426.html> The acquisition of Venice, California-based Signal Sciences--worth $775M--by Fastly, has officially completed, Fastly said on Thursday. According to Fastly, is will combine its edge cloud platform and existing security offerings with Signal Sciences' web application and API security solutions. Fastly announced the acquisition of Signal Sciences in August. ( More... <https://www.socaltech.com/fullstory/0080426.html>) *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] *UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057>* The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 *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 *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>* 9/29/20 Seismic <https://www.socaltech.com/intelligence/?action=showdeal&id=100936> Solana Beach $92.00 M 9/28/20 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=100935> Santa Monica $23.00 M 9/24/20 Camera IQ <https://www.socaltech.com/intelligence/?action=showdeal&id=100898> Santa Monica $5.00 M 9/23/20 Point Predictive <https://www.socaltech.com/intelligence/?action=showdeal&id=100897> San Diego $0.00 M 9/23/20 GOAT <https://www.socaltech.com/intelligence/?action=showdeal&id=100896> Los Angeles $100.00 M 9/22/20 Beyond Limits <https://www.socaltech.com/intelligence/?action=showdeal&id=100895> Glendale $133.00 M 9/16/20 YAPI (Practical Dental Solutions, Inc.) <https://www.socaltech.com/intelligence/?action=showdeal&id=100894> Canyon Country $0.00 M 9/15/20 Violux <https://www.socaltech.com/intelligence/?action=showdeal&id=100892> Orange County $1.20 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *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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