*socaltech.com <http://socaltech.com> TechNews - Wednesday, October 7, 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 * - B. Riley Financial Takes Stake In IQvestment Holdings <#0080447> - Givsum Gets Funding, Support From Two Accelerators <#0080445> - Triller Expanding To Livestreaming <#0080446> - Draper Goren Holm Raises $25M Blockchain Fund <#0080444> - MediaAlpha Files For IPO <#0080443> - Faraday Future Plans Move To Public Markets Via SPAC <#0080442> - SpaceX Wins Missile Tracking Contract <#0080441> - Anchore Rolls Out Open Source DevOps Tools <#0080440> *Marketplace* - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Wednesday, October 7, 2020* *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 *B. Riley Financial Takes Stake In IQvestment Holdings* <https://www.socaltech.com/fullstory/0080447.html> Los Angeles-based business advisory and financial services company B. Riley Financial has made a strategic investment in a developer of software for the financial industry, IQvestment Holdings, the company announced this morning. Size of the investment was not announced. According to B. Riley Financial, Chuck Hastings joins IQvestment Holdings' board of directors, with Jon Merriman joining the company's advisory board. (More... <https://www.socaltech.com/fullstory/0080447.html>) *Givsum Gets Funding, Support From Two Accelerators* <https://www.socaltech.com/fullstory/0080445.html> Costa Mesa-based Givsum, which develops online software to help charitable organizations with their operations and fundraising, says it has received both new funding, as well as support, from two accelerators. Givsum said that has received capital investments from both SteelBridge Labs and OC4 Venture Studios, but did not say how much it raised from those efforts. Givsum is led by co-founder and CEO Shawn Wehan. (More... <https://www.socaltech.com/fullstory/0080445.html>) *Triller Expanding To Livestreaming* <https://www.socaltech.com/fullstory/0080446.html> Los Angeles-based social app developer Triller--which competes directly against TikTok--said late Tuesday that it will start offering up livestreaming features on its app starting next week. According to Triller, the livestreaming feature will launch on October 12th, with new paywall and donation options included to help creators monetize their content. (More... <https://www.socaltech.com/fullstory/0080446.html>) *Draper Goren Holm Raises $25M Blockchain Fund* <https://www.socaltech.com/fullstory/0080444.html> Los Angeles-based Draper Goren Holm, a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. The fund was announced at the LA Blockchain Summit, which is virtual this year. (More... <https://www.socaltech.com/fullstory/0080444.html>) *MediaAlpha Files For IPO* <https://www.socaltech.com/fullstory/0080443.html> Los Angeles-based MediaAlpha, which develops a technology platform to help insurance companies acquire customers, has filed for an IPO, saying it is looking to raise up to $100M on the public markets. The company's major backers are White Mountains Insurance Group and Insignia. The IPO is being underwritten by J.P. Morgan, Citigroup, Credit Suisse, RBC Capital Markets, Canaccord Genuity, William Blair, and MUFG. (More... <https://www.socaltech.com/fullstory/0080443.html>) *Faraday Future Plans Move To Public Markets Via SPAC* <https://www.socaltech.com/fullstory/0080442.html> Los Angeles-based electric automobile developer Faradyay Future is hoping to make a move to the public markets, via a special purpose acquisition company (SPAC), according to reports. The company's CEO, Carsten Brietfield, disclosed the possibility of the SPAC move on Monday. Faraday Future is still working on delivering its first vehicles to market, after a long, drawn out drama over finding funding for the company linked to founder Jia Yueting, who is now bankrupt. (More... <https://www.socaltech.com/fullstory/0080442.html>) *SpaceX Wins Missile Tracking Contract* <https://www.socaltech.com/fullstory/0080441.html> Hawthorne, California-based SpaceX has received a new, $149M contract to help develop new, missile tracking satellites for the U.S. Department of Defense, part of two contracts awarded by the DoD to improve its capabilities. SpaceX is reportedly looking to use the same base platform as it has been for Starlink for the satellite tracking. The award was through the Pentagon's Space Development Agency. (More... <https://www.socaltech.com/fullstory/0080441.html>) *Anchore Rolls Out Open Source DevOps Tools* <https://www.socaltech.com/fullstory/0080440.html> Santa Barbara-based Anchore, a developer of policy-based workflow and compliance software, said it has rolled out a new set of open source, DevOps tools. The company said its open source tools are designed for automating DevSecOps pipeline security and analysis. The company said the new tools, Syft and Grype, are available at toolbox.anchore.io. (More... <https://www.socaltech.com/fullstory/0080440.html>) *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. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency < [email protected]>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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] *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 ------------------------------ *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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