*socaltech.com <http://socaltech.com> TechNews - Friday, November 6, 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 * - Interview with Brad Stewart, Fair <#0080574> - Pacific Defense Acquires Spear Research <#0080572> - Rocket Lab Will Attempt First Stage Recovery On Next Launch <#0080571> - Viasat Shuffles Execs <#0080573> - SpaceX Successfully Launches GPS Satellite Into Space <#0080570> - Micronoma Names Execs, Plans San Diego HQ <#0080568> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> - UK Government's Department for International Trade (DIT) <#ad756> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Become a Socaltech Supporter! <#ad724> - Stradling <#ad608> *Friday, November 6, 2020* *Preccelerator U Presents: Financial Modeling & Fundraising - Nov 10 <https://www.eventbrite.com/e/preccelerator-u-presents-financial-modeling-fundraising-with-mark-wald-tickets-126484064241>* Preccelerator® U Presents: Financial Modeling & Fundraising with Mark Wald. November 10, 12pm - 1:30pm Online Mark Wald, owner of Supporting Strategies Santa Monica, will deliver this casual talk and combine it with a Q&A. To attract professional investor capital, you need to be in control of your financials and projections. Every entrepreneur looking to expand their business should join us for this workshop by one of the leading financial accounting firms in town, Supporting Strategies Santa Monica. Over a 90-minute workshop you can expect to get a glimpse into financial modeling and fundraising for startups, KPIs and how to use them, and more! Register today! https://www.eventbrite.com/e/preccelerator-u-presents-financial-modeling-fundraising-with-mark-wald-tickets-126484064241 *Interview with Brad Stewart, Fair* <https://www.socaltech.com/fullstory/0080574.html> Our interview this morning is with Brad Stewart, the new CEO of Los Angeles-based Fair (www.fair.com), backed by Softbank, which has been in the midst of reinventing the company after some setbacks in its initial efforts to create a subscription-based model for automobiles. We caught up Stewart to see how the company has significantly pivoted its vision for the company, the recent deal with Honda to offer up certified pre-owned vehicles to its users, and more. (More... <https://www.socaltech.com/fullstory/0080574.html>) *Pacific Defense Acquires Spear Research* <https://www.socaltech.com/fullstory/0080572.html> El Segundo-based Pacific Defense, which is backed by private equity investors Emerald Lake Capital Management and HCI Equity Partners, has acquired New Hamphire-based Spear Research. Financial terms of the acquisition were not announced. According to Pacific Defense, the acquisition will add a team of engineers with core competencies in RF engineering, advanced signal processing, autonomous command and control, and system integration. Travis Slocumb is CEO of Pacific Defense. (More... <https://www.socaltech.com/fullstory/0080572.html>) *Rocket Lab Will Attempt First Stage Recovery On Next Launch* <https://www.socaltech.com/fullstory/0080571.html> L (More... <https://www.socaltech.com/fullstory/0080571.html>) *Viasat Shuffles Execs* <https://www.socaltech.com/fullstory/0080573.html> Carlsbad-based satellite communications and equipment provider Viasat is shuffling its top executives, saying late yesterday that its CEO, Mark Dankberg, will become Executive Chairman of the company, shifting away from his CEO role. Rick Baldrige, currently the company's President and Chief Operating Officer, will become Viasat's President and CEO. The company described the moves as an "evolution" of how the company has been operating for the past several years. (More... <https://www.socaltech.com/fullstory/0080573.html>) *SpaceX Successfully Launches GPS Satellite Into Space* <https://www.socaltech.com/fullstory/0080570.html> Hawthorne, California-based SpaceX has successfully launched a new, GPS satellite into space for the United States Space Force on Thursday afternoon. SpaceX launched the US Space Force's GPS III Space Vehicle 04 from Cape Canaveral Air Force Station, in Florida, from its launchpad at Space Launch Complex 40. The launch occurred at 6:24pm EST. In addition to the launch, SpaceX also landed the first stage of the Falcon 9 used in the launch on the "Of Course I Still Love You" droneship. (More... <https://www.socaltech.com/fullstory/0080570.html>) *Micronoma Names Execs, Plans San Diego HQ* <https://www.socaltech.com/fullstory/0080568.html> San Diego-based biotech startup Micronoma announced this morning that it has hired three new executives, and plans to set up a headquarters in San Diego. The company said it has named Eddie Adams as Chief Scientific Officer, Greg Poore as Chief Analytic Offier, and Darryl Garrison as Chief Operating Officer. (More... <https://www.socaltech.com/fullstory/0080568.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 *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] *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 *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]. *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 *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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>* 11/05/20 Protomer Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=101039> Pasadena $0.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html November 10, Santa Monica -- *Preccelerator U Presents: Financial Modeling & Fundraising * Preccelerator® U Presents: Financial Modeling & Fundraising with Mark Wald. Mark Wald, owner of SupportinPreccelerator® U Presents: Financial Modeling & Fundraising with Mark Wald. Mark Wald, owner of Supporting Strategies Santa Monica, will deliver this casual talk and combine iPreccelerator® U Presents: Financial Modeling & Fundraising with Mark Wald. Mark Wald, owner of Supporting Strategies Santa Monica, will deliver this casual talk and combine it with a Q&A. To attract professional investor capital, you need to be in control of your financials and projections. Every entrepreneur looking to expand their business should join us for this workshop by one of the leading financial accounting firms in town, Supporting Strategies Santa Monica. Over a 90-minute workshop you can expect to get a glimpse into financial modeling and fundraising for startups, KPIs and how to use them, and more!. See http://www.socaltech.com/calendar/eventid/26695 November 11, Los Angeles -- *Business Inside The Game* *NEW* . See http://www.socaltech.com/calendar/eventid/26697 November 19, Los Angeles -- *Chief Technology Officers on Emerging Technologies* *NEW* . See http://www.socaltech.com/calendar/eventid/26696 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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