*socaltech.com <http://socaltech.com> TechNews - Thursday, October 29, 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 * - LiveXLive Acquires E-Commerce Company For $6M <#0080542> - Slingshot Aerospace Finds $8M More <#0080538> - Ontrak Acquires LifeDojo <#0080540> - MarketerHire Gets $3M <#0080541> - Fair Links With Honda For Flexible Leases <#0080537> - Pacific Consolidated Buys Saucey, Emjay <#0080536> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - 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> *Thursday, October 29, 2020* *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 *LiveXLive Acquires E-Commerce Company For $6M* <https://www.socaltech.com/fullstory/0080542.html> Los Angeles-based LiveXLive Media, which operates a livestreaming and on-demand audio, video, and podcasting service, says it has signed an agreement to acquire Custom Personalization Solutions, LLC, in a deal worth up to $6M. According to LiveXLive, it signed a binding Letter of Intent to acquire CPS in an all stock deal, which is expected to close by December 31st, 2020. LiveXLive said that CPS had approximately $19M in revenue in 2019. (More... <https://www.socaltech.com/fullstory/0080542.html>) *Slingshot Aerospace Finds $8M More* <https://www.socaltech.com/fullstory/0080538.html> El Segundo, California- and Austin, Texas-based Slingshot Aerospace, a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=56100>)(More... <https://www.socaltech.com/fullstory/0080538.html>) *Ontrak Acquires LifeDojo* <https://www.socaltech.com/fullstory/0080540.html> Santa Monica-based virtual healthcare and telehealth provider Ontrak announced this morning that it has acquired LifeDojo, which provides an online behavior change platform. Financial details ofthe acquisition were not announced. According to OnTrak, LifeDojo's platform helps make "transformative life changes possible" for its member. (More... <https://www.socaltech.com/fullstory/0080540.html>) *MarketerHire Gets $3M* <https://www.socaltech.com/fullstory/0080541.html> Los Angeles-based MarketerHire, a startup developing a talent marketplace and hiring platform aimed at providing remote, marketing talent to companies, has raised $3M in a funding round, the company said this morning. According to the company, the funding came from founders and senior executives at several leading digital brands, including Zillow, Thrive Market, FabFitFun, Seamless, Notion and others. The investors in the company include Nick Green, co-foudner and CEO of Thrive Market. (More... <https://www.socaltech.com/fullstory/0080541.html>) *Fair Links With Honda For Flexible Leases* <https://www.socaltech.com/fullstory/0080537.html> Los Angeles-based Fair, which provides a way for consumers to access a pre-owned car using very flexible, month-to-month and other leases, has inked a deal with Honda. According to Fair, it is in a pilot program that allows customers to select Certified Pre-Owned (CPO) Honda vehicles from participating dealers for a lease through Fair. (More... <https://www.socaltech.com/fullstory/0080537.html>) *Pacific Consolidated Buys Saucey, Emjay* <https://www.socaltech.com/fullstory/0080536.html> A new, Los Angeles-based operating and holding company, Pacific Consolidated Holdings Group Inc. (PCH) announced on Wednesday that it has acquired both alcohol delivery and logistics platform Saucey, as well as cannabis delivery and retail software developer Emjay. Financial terms of the acquisition were not announced. Pacific Consolidated Holdings said it is focused on "cannabis and analogous vice industries". (More... <https://www.socaltech.com/fullstory/0080536.html>) *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]. *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. ------------------------------ *Recent Funding <#funding>* 10/29/20 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=101038> El Segundo $8.00 M 10/28/20 Scopely <https://www.socaltech.com/intelligence/?action=showdeal&id=101037> Culver City $340.00 M 10/27/20 Theta Lake <https://www.socaltech.com/intelligence/?action=showdeal&id=101034> Santa Barbara $12.70 M 10/27/20 Replicated <https://www.socaltech.com/intelligence/?action=showdeal&id=101036> Los Angeles $25.00 M 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 GOAT <https://www.socaltech.com/intelligence/?action=showdeal&id=100896> Los Angeles $100.00 M 9/23/20 Point Predictive <https://www.socaltech.com/intelligence/?action=showdeal&id=100897> San Diego $0.00 M 9/22/20 Beyond Limits <https://www.socaltech.com/intelligence/?action=showdeal&id=100895> Glendale $133.00 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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