*socaltech.com <http://socaltech.com> TechNews - Monday, November 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 * - OpenGate Capital Buys Aurotech <#0080550> - The Trade Desk Ties With Nielsen <#0080551> - Linksys and Qualcomm Team on 5G Hotspots <#0080552> - ServiceTitan Ties With Service Finance Company <#0080553> - Famous Birthdays Launches Portuguese Language Site <#0080549> - SUMA Wealth Gets Funding For Latino Financial Literacy <#0080546> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Monday, November 2, 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 *OpenGate Capital Buys Aurotech* <https://www.socaltech.com/fullstory/0080550.html> Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Aurotech, a provider of digital services and business solutions for US federal healthcare and adjacent civilian agencies. Financial terms of the acquisition were not announced. OpenGate Capital said that Aurotech's founder, Mr. Hetal Patel, will continue to lead Aurotech as President and CEO. Aurotech is based in Silver Spring, Maryland. (More... <https://www.socaltech.com/fullstory/0080550.html>) *The Trade Desk Ties With Nielsen* <https://www.socaltech.com/fullstory/0080551.html> Los Angeles-based ad tech developer The Trade Desk said it has tied with measurement provider Nielsen, in developing and deploying a new Internet identity effort it calls "Unified ID 2.0". According to The Trade Desk, the new effort is an industry-wide approach to internet identity that preserves the value of relevant advertising, while putting user control and privacy at the forefront. The company says the effort is an "upgrade and an alternative to third-party cookies. (More... <https://www.socaltech.com/fullstory/0080551.html>) *Linksys and Qualcomm Team on 5G Hotspots* <https://www.socaltech.com/fullstory/0080552.html> Los Angeles-based Linksys, which is the connect home division of Belkin, says that it has introduced a new, 5G and Wi-Fi 6 mobile hotspot, which works in Korea. Linksys said its new 5G Mobile Hotspot uses the Qualcomm Snapdragon X5S 5G Modem-RF Systema nd Qualcomm FastConnect 6800. The hotspot works only with Korea Telecom. The company says it has a similar hotspot with Hong Kong, with CSL. Linksys and Belkin are now owned by Foxconn Interconnect Technology. (More... <https://www.socaltech.com/fullstory/0080552.html>) *ServiceTitan Ties With Service Finance Company* <https://www.socaltech.com/fullstory/0080553.html> Los Angeles-based software developer ServiceTitan, which makes software to help residential and commercial contractors manage their businesses, has linked with sales finance firm Service Finance Company, LLC. According to ServiceTitan, the link will allow technicians in the field to provide convenient, secure ways for consumers to apply for financing through ServiceTitan. Financial terms of the deal between the companies were not announced. (More... <https://www.socaltech.com/fullstory/0080553.html>) *Famous Birthdays Launches Portuguese Language Site* <https://www.socaltech.com/fullstory/0080549.html> Los Angeles-based Famous Birthdays, which operates a network of sites which provide information about celebrities, social media stars, TV shows, movies, and more, has expanded its service to serve Portuguese speaking countries. According to the company on Friday, its new site is at Famous Birthdays Português. The company now offers up English, Spanish, and Portuguese websites. (More... <https://www.socaltech.com/fullstory/0080549.html>) *SUMA Wealth Gets Funding For Latino Financial Literacy* <https://www.socaltech.com/fullstory/0080546.html> Los Angeles-based SUMA Wealth, a startup which operates an online platform designed to help U.S.-born, Millennial Latinos with financial literacy, has raised a round of funding, the company announced this week. According to the company, it received a pre-seed funding round from a number of female investors. (More... <https://www.socaltech.com/fullstory/0080546.html>) *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 *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]. *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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