*socaltech.com <http://socaltech.com> TechNews - Wednesday, December 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 * - Aglet Picks Up $4.5M For Pokemon Go For Sneakers <#0080691> - Elon Musk Moves Out Of California <#0080689> - AeroVironment Buys Robot Maker Telerob <#0080692> - GumGum Sports Adds New Sponsorship Analysis Module <#0080690> - HomeLister Finds $4.5M <#0080688> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> - Stradling <#ad608> *Wednesday, December 9, 2020* *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] *Aglet Picks Up $4.5M For Pokemon Go For Sneakers* <https://www.socaltech.com/fullstory/0080691.html> Los Angeles-based Aglet, which is developing a mobile game centered around "Sneakerhead" culture--the buying and trading of popular sneaker models--has raised $4.5M in a seed funding round. The funding was led by Sapphire Sports, and also included Lakestar Ventures, Forecast Ventures, as well as angels att Miesnieks (6D.ai, Niantic Labs), Nate Mitchell (co-founder Oculus, Mountaintop Studios) and Greg Castle (Anorak Ventures). (More... <https://www.socaltech.com/fullstory/0080691.html>) *Elon Musk Moves Out Of California* <https://www.socaltech.com/fullstory/0080689.html> Elon Musk, the CEO of Hawthorne-based rocket launch company SpaceX, has officially moved out of California and to Texas, he said on Tuesday. Musk has spent much of his time in Los Angeles, since founding SpaceX, in addition to Silicon Valley. The move comes after Musk threatened to move Tesla out of California as a result of COVID-19 stay-at-home orders, and after he defied local health orders from the Alameda County Public Health Department to close Tesla's factories. (More... <https://www.socaltech.com/fullstory/0080689.html>) *AeroVironment Buys Robot Maker Telerob* <https://www.socaltech.com/fullstory/0080692.html> Simi Valley-based AeroVironment, which develops unmanned aircraft, said on Tuesday that it is acquiring Telerob Gesellschaft fur Fernhantierungstechnik mbH (Telerob), a developer of ground robots. AeroVironment said it will pay approximately $45.4 million in cash, and will pay-off approximately $9.4 million in Telerob's debt at closing. Telerob is known for its development of tracked robotic vehicles, used for explosive ordanance disposal, military, and industrial applications. ( More... <https://www.socaltech.com/fullstory/0080692.html>) *GumGum Sports Adds New Sponsorship Analysis Module* <https://www.socaltech.com/fullstory/0080690.html> Los Angeles-based GumGum Sports, which develops artificial intelligence powered software which helps sports team measure advertising being presented in sports coverage of their teams, has rolled out a new analytics module it says streamlines sponsorship analysis and reporting. According to GumGum Sports, the new module was tested in beta by Premier Lacrosse League, Kroenke Sports & Entertainment, Scout Sports and Entertainment and a professional Belgian football team. (More... <https://www.socaltech.com/fullstory/0080690.html>) *HomeLister Finds $4.5M* <https://www.socaltech.com/fullstory/0080688.html> Santa Monica-based *HomeLister <http://www.homelister.com>*, a startup which helps homeowners sell their own homes online, has raised $4.5M in a seed funding round, the company said on Tuesday. The funding was led by MetaProp and Homebrew. The company is led by co-founder and CEO Lindsay McLean. HomeLister charges a flat fee of $599 for helping people to list their homes for sale online, as well as publishing them to local multiple listing services.(More... <https://www.socaltech.com/fullstory/0080688.html> ) *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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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]. *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 *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>* 12/03/20 Esports One <https://www.socaltech.com/intelligence/?action=showdeal&id=101261> Santa Monica $4.00 M 12/02/20 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=101260> Solana beach $113.50 M 12/01/20 GoSecure <https://www.socaltech.com/intelligence/?action=showdeal&id=101251> La Jolla $35.00 M 11/24/20 Credit Key <https://www.socaltech.com/intelligence/?action=showdeal&id=101176> Los Angeles $33.85 M 11/23/20 Relativity <https://www.socaltech.com/intelligence/?action=showdeal&id=101175> Los Angeles $500.00 M 11/18/20 Everytable <https://www.socaltech.com/intelligence/?action=showdeal&id=101174> Los Angeles $16.00 M 11/17/20 Trust & Will <https://www.socaltech.com/intelligence/?action=showdeal&id=101173> San Diego $15.00 M 11/17/20 A-Frame <https://www.socaltech.com/intelligence/?action=showdeal&id=101151> Venice $2.00 M 11/13/20 Applied Data Finance, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=101150> San Diego $14.20 M 11/13/20 Shred <https://www.socaltech.com/intelligence/?action=showdeal&id=101149> Hollywood $4.00 M 11/10/20 Ambrx <https://www.socaltech.com/intelligence/?action=showdeal&id=101040> La Jolla $200.00 M 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 ------------------------------ *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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