*socaltech.com <http://socaltech.com> TechNews - Wednesday, October 21, 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 * - Brain Corp. Wins Expanded Implementation With Sam's Club <#0080504> - Output Finds $45M For Music Tools <#0080502> - Report: Time Might Be Running Out For High Flying Quibi <#0080501> - Zefr Selected By YouTube For Brand Safety Program <#0080503> - VENN Scores $26M For Game Streaming Network <#0080500> - Zest AI Finds $15M More <#0080497> - ThinkIQ Connects With $11.6M <#0080498> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> *Wednesday, October 21, 2020* *Preccelerator U Presents: Networking for Capital with Len Lanzi <https://www.eventbrite.com/e/preccelerator-u-presents-networking-for-capital-with-len-lanzi-tickets-122440854893>* Preccelerator® U Presents: Networking for Capital with Len Lanzi. This session will focus on techniques and ways to network in the VC and Angel Community. We will interact and share best practices on business development and promoting your start-up. We will explore the different natural networks we have individually and build a personal action plan for you to use to build your network. See https://www.eventbrite.com/e/preccelerator-u-presents-networking-for-capital-with-len-lanzi-tickets-122440854893 *Brain Corp. Wins Expanded Implementation With Sam's Club* <https://www.socaltech.com/fullstory/0080504.html> San Diego-based artificial intelligence and robotics company Brain Corp says it is expanding its deployment of its technology to Sam's Club. According to Brain Corp., Sam's Club is adding 372 autonomous floor scrubbers, which are manufactured by Brain Corp partner Tennant Company, beginning this fall. Brain Corp's software is used in those floor scrubbers to both automatically clean floors--as well as take shelf inventory. Brain Corp. (More... <https://www.socaltech.com/fullstory/0080504.html>) *Output Finds $45M For Music Tools* <https://www.socaltech.com/fullstory/0080502.html> Los Angeles-based Output, a startup developing music creation software aimed at professional artists, has raised $45M in a Series A investment. The funding came from Summit Partners. Output says its software is used by such artists as Drake, Coldplay, Justin Bieber, Rihanna, Kendrick Lamar, and Justin Timberlake. According to Outtput, its software-as-a-service offers up loops, samples and melodic content, making it easier for professionals turn those loops and sounds into tracks. (More... <https://www.socaltech.com/fullstory/0080502.html>) *Report: Time Might Be Running Out For High Flying Quibi* <https://www.socaltech.com/fullstory/0080501.html> Time might be running out for Los Angeles-based mobile video streaming service Quibi, according to a report, which says that Quibi founder Jeffrey Katzenberg is considering shutting down the company. The high flying content startup--which has been seeing lackluster uptake by consumers--apparently also has also been trying to sell its content library to such companies as NBCUniversal and Facebook. Quibi has raised close to $2 billion for its efforts. (More... <https://www.socaltech.com/fullstory/0080501.html>) *Zefr Selected By YouTube For Brand Safety Program* <https://www.socaltech.com/fullstory/0080503.html> Los Angeles-based Zefr announced this morning that it has been selected by YouTube, to provide its Brand Safety & Suitability Measurement solution to brands and agencies. Zefr said its new solution will be developed and roll out throughout 2021, and will meet the 4A and GARM industry standards. Zefr says it uses both machine learning as well as human reviewers to understand content, which it says is better than traditional keyword and semantic analysis. (More... <https://www.socaltech.com/fullstory/0080503.html>) *VENN Scores $26M For Game Streaming Network* <https://www.socaltech.com/fullstory/0080500.html> Playa Vista-based VENN, which operates a streaming game network, has raised $26M in a Series A funding round, the company said on Tuesday. The funding was co-led by BITKRAFT Ventures and Nexstar Media Group, and also included Eldridge, WISE Ventures, Alumni Ventures Group, as well as the company's seed investors. Nexstar will add a member to VENN's board as part of the funding round. Nexstar is a major owner of U.S. television stations. ( More... <https://www.socaltech.com/fullstory/0080500.html>) *Zest AI Finds $15M More* <https://www.socaltech.com/fullstory/0080497.html> Los Angeles-based software developer Zest AI has raised $15M in funding from Insight Partners, to go towards its credit underwriting software, the company announced this morning. According to Zest, the funding will go towards acceleration of adoption of its products, including growth, innovation, and customer success efforts. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=29798>)(More... <https://www.socaltech.com/fullstory/0080497.html>) *ThinkIQ Connects With $11.6M* <https://www.socaltech.com/fullstory/0080498.html> Aliso Viejo-based software developer ThinkIQ, which is developing software for the manufacturing industry, said today that it has raised $11.6M in its Series A funding round. The funding was led by Ecosystem Integrity Fund (EIF), and also included Hitachi Ventures and ArcTern Ventures. The company says it is developing a "digital manufacturing platform", which manufacturers use for material traceability and data insights, quality, safety and compliance efforts. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=53925>)(More... <https://www.socaltech.com/fullstory/0080498.html>) *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 *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 *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. *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]. *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 ------------------------------ *Recent Funding <#funding>* 10/20/20 ThinkIQ, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=101033> Aliso Viejo $11.60 M 10/20/20 Zest AI <https://www.socaltech.com/intelligence/?action=showdeal&id=101032> Los Angeles $15.00 M 10/14/20 Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=100962> Irvine $44.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 27, Los Angeles -- *Preccelerator® U Presents: Networking for Capital with Len Lanzi* Preccelerator® U Presents: Networking for Capital with Len Lanzi. This session will focus on techniques and ways to network in the VC and Angel Community. We will interact and share best practices on business development and promoting your start-up. We will explore the different natural networks we have individually and build a personal action plan for you to use to build your network. See http://www.socaltech.com/calendar/eventid/26694 October 28, San Diego -- *CONNECT Legal Office Hours* Legal Office Hours. Connect. Meet One-on-One w/ an Expert… for Free. See http://www.socaltech.com/calendar/eventid/26672 ------------------------------ *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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