*socaltech.com <http://socaltech.com> TechNews - Friday, October 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 * - Presence.Fit Raises $1.5M, Launches Mobile Fitness App <#0080460> - Veritone Swizzles CFO <#0080459> - Seismic Names Chief Product Officer <#0080458> - Virgin Hyperloop One Sets Location For Certification Center <#0080457> - Harbor Launches Disaster Prep App <#0080456> - Amazon, Rivian Reveal First Electric Delivery Vehicle <#0080455> - TigerConnect Takes $45M More In Series D For Healthcare Communications <#0080452> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Friday, October 9, 2020* *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 *Presence.Fit Raises $1.5M, Launches Mobile Fitness App* <https://www.socaltech.com/fullstory/0080460.html> Los Angeles-based Presence.Fit announced it had raised $1.5M in a funding, and launched a new, mobile fitness app which combines live instruction with real time sensing of motion and metrics. The startup--cofounded by Dr. Masaki Nakada and Robert Jadon--says its combines artificial intelligence with live personal trainers, and runs on the iPhone. (More... <https://www.socaltech.com/fullstory/0080460.html>) *Veritone Swizzles CFO* <https://www.socaltech.com/fullstory/0080459.html> Costa Mesa-based Veritone has swapped its CFO, saying that it has named local technology industry veteran Michael L. Zemetra as Executive Vice President, Chief Financial Officer, and Treasurer as part of a "planned transition". The company said prior CFO Peter F. Collins will serve in an advisory capacity during a transition period. Veritone did not say where Collins is departing to, but did praise his work in taking the company from a start-up company to its public status. (Funding Details <https://www.socaltech.com/intelligence/?action=showperson&id=82360>)( More... <https://www.socaltech.com/fullstory/0080459.html>) *Seismic Names Chief Product Officer* <https://www.socaltech.com/fullstory/0080458.html> San Diego-based sales enablement and marketing software developer Seismic said this week that it has named a new Chief Product Officer. Seismic said it has named Krish Mantipragada as its new Chief Product Officer, joining the company from Medallia, where he also was Chief Product Officer and an Executive Vice President. Mantipragada also previously served at First Data and SAP. Seismic recently raised another $92M in funding, which valued the company at approximately $1. (More... <https://www.socaltech.com/fullstory/0080458.html>) *Virgin Hyperloop One Sets Location For Certification Center* <https://www.socaltech.com/fullstory/0080457.html> Los Angeles-based Virgin Hyperloop One has set the location for a new certification center, which will test, develop, and validate its systems on Thursday. According to the company, it will spend $500M to build a certification center in West Virginia, focused both on validating usage of its technology in Virginia, as well as the United States and the world, with plans to eventually build a full sized, operational hyperloop system at the location. (More... <https://www.socaltech.com/fullstory/0080457.html> ) *Harbor Launches Disaster Prep App* <https://www.socaltech.com/fullstory/0080456.html> Los Angeles-based Harbor, a startup which is developing apps to gamify the process of preparing your family and home from disasters and emergencies, has launched its iOS app, three months after announcing its seed funding. The startup is led by former Headspace executive Dan Kessler, and raised $5M in August. The company's app guides users through different things they can do to improve their emergency and disaster preparedness, based on their zip code. (More... <https://www.socaltech.com/fullstory/0080456.html>) *Amazon, Rivian Reveal First Electric Delivery Vehicle* <https://www.socaltech.com/fullstory/0080455.html> Amazon and Rivian, the electric vehicle developer with operations in Irvine and Carson, California, have revealed Amazon's first electric delivery vehicle, which Amazon plans to roll out as part of its climate efforts. According to Amazon, it plans to roll out its electric delivery vehicles as early as 2022, with 100,000 on the road by 2030. Amazon said it is looking to be net zero carbon by 2040. (More... <https://www.socaltech.com/fullstory/0080455.html>) *TigerConnect Takes $45M More In Series D For Healthcare Communications* <https://www.socaltech.com/fullstory/0080452.html> Santa Monica-based TigerConnect, which provides collaboration and communications tools for the hhealthcare industry, says it has raised $45M more in a Series D funding round, as it has seen surging demand due to the pandemic. According to the company, the new round was led by HealthQuest Capital, and also included New Leaf Ventures, Montreux Growth Partners, Norwest Venture Partners, Invus and Industry Ventures. (More... <https://www.socaltech.com/fullstory/0080452.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] *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] *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 *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]. ------------------------------ *Recent Funding <#funding>* 10/08/20 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=100961> El Segundo $1.00 M 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 ------------------------------ *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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