*socaltech.com <http://socaltech.com> TechNews - Monday, January 4, 2021* 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 * - Teledyne Acquires FLIR For $8.0 Billion <#0080756> - Reflections on 2020: Jim Eubanks, Tax Managing Director, KPMG <#0080754> - Netwrix Merges With Stealthbits <#0080755> - Yardi Buys CommissionTrac <#0080753> - Reflections on 2020: Brian Mac Mahon, Expert Dojo <#0080752> - Reflections on 2020: Olivia (Libby) Duane Adams, co-founder, Alteryx <#0080751> - Reflections on 2020: Nick Hedges, MomentFeed <#0080749> - J2 Global Board Member Dies <#0080750> - Reflections on 2020: Greg Martin, Archer Venture Capital <#0080748> - Reflections on 2020: Aaron Fyke, Thin Line Capital <#0080745> - Reflections on 2020: Carey Ransom, Operate <#0080744> - XPRIZE Awards Prizes For Next Generation Mask Designs <#0080746> - EDF Renewables Puts North Dakota Wind Project Into Operation <#0080747> - Perch Picks Up $2.5M For Credit Building App <#0080743> - Reflections on 2020: Kelly Perdew, Moonshots Capital <#0080737> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - UK Government's Department for International Trade (DIT) <#ad756> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Monday, January 4, 2021* *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. *Teledyne Acquires FLIR For $8.0 Billion* <https://www.socaltech.com/fullstory/0080756.html> Thousand Oaks-based Teledyne Technologies said today that it has agreed to acquire FLIR Systems, which develops infrared cameras and similar technology, in a deal worth $8.0 billion. According to Teledyne, the cash and stock transaction is split between $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share. Both companies develops sensors, cameras, and sensor systems. Teledyne said that it is funding the death through a $4. (More... <https://www.socaltech.com/fullstory/0080756.html>) *Reflections on 2020: Jim Eubanks, Tax Managing Director, KPMG* <https://www.socaltech.com/fullstory/0080754.html> Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Jp>im Eubanks Tax Managing Director at KPMG (www.kpmg.com). You will be able to get to all of these posts on our 2020 reflections here. (More... <https://www.socaltech.com/fullstory/0080754.html>) *Netwrix Merges With Stealthbits* <https://www.socaltech.com/fullstory/0080755.html> Irvine-based Netwrix, a provider of cybersecurity software, has merged with Stealthbits, a provider of software for protecting sensitive data and credentials from attackers. Financial details of the merger were not announced. The combined company says it will have over 500 employees and customers in more than 50 countries; the newly combined firm will be led by current Netwrix CEO Steve Dickson. (More... <https://www.socaltech.com/fullstory/0080755.html>) *Yardi Buys CommissionTrac* <https://www.socaltech.com/fullstory/0080753.html> Santa Barbara-based Yardi announced this week that it has acquired CommissionTrac, a developer of revenue management software for commercial real estate companies. Financial terms of the acquisition were not announced. CommissionTrac was founded in 2015. According to Yardi, it will be integrating CommmissionTrac's platform into its CommercialEdge suite, and will continue to support existing CommissionTrac customers. (More... <https://www.socaltech.com/fullstory/0080753.html>) *Reflections on 2020: Brian Mac Mahon, Expert Dojo* <https://www.socaltech.com/fullstory/0080752.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Brian Mac Mahon of startup accelerator ExpertDojo (www.expertdojo.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. (More... <https://www.socaltech.com/fullstory/0080752.html>) *Reflections on 2020: Olivia (Libby) Duane Adams, co-founder, Alteryx* <https://www.socaltech.com/fullstory/0080751.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Olivia (Libby) Duane Adams, co-founder and chief advocacy officer at Alteryx ( www.alteryx.com) who is based in Irvine. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. ( More... <https://www.socaltech.com/fullstory/0080751.html>) *Reflections on 2020: Nick Hedges, MomentFeed* <https://www.socaltech.com/fullstory/0080749.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Nick Hedges, CEO of MomentFeed (www.momentfeed.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. ( More... <https://www.socaltech.com/fullstory/0080749.html>) *J2 Global Board Member Dies* <https://www.socaltech.com/fullstory/0080750.html> Los Angeles-based J2 Global said Monday morning that one of its board of directors, Robert (Bob) J. Cresci, has died. Cresci, 75, was Founder and Managing Director of Pecks Management Partners Ltd. J2 Global said that Cresci had been on its board since 1998, when the fund first invested in J2 Global, when it was still a private company. J2 Global's brands include IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers. ( More... <https://www.socaltech.com/fullstory/0080750.html>) *Reflections on 2020: Greg Martin, Archer Venture Capital* <https://www.socaltech.com/fullstory/0080748.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Here, we have Greg Martin, Founder and Managing Partner of Archer Venture Capital (www.archervc.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. (More... <https://www.socaltech.com/fullstory/0080748.html>) *Reflections on 2020: Aaron Fyke, Thin Line Capital* <https://www.socaltech.com/fullstory/0080745.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Aaron Fyke, Founder and Managing Partner of Thin Line Capital (www.thinlinecapital.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. (More... <https://www.socaltech.com/fullstory/0080745.html>) *Reflections on 2020: Carey Ransom, Operate* <https://www.socaltech.com/fullstory/0080744.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Carey Ransom, of Operate (www.operatestudio.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. ( More... <https://www.socaltech.com/fullstory/0080744.html>) *XPRIZE Awards Prizes For Next Generation Mask Designs* <https://www.socaltech.com/fullstory/0080746.html> Los Angeles-based XPRIZE, the nonprofit which uses prizes to encourage the development of solutions to some of the world's biggest challenges, says it has awarded prizes for a challenge it has been running to develop next generation masks, which it kicked off shortly after the issues with masks came to light with the pandemic. (More... <https://www.socaltech.com/fullstory/0080746.html>) *EDF Renewables Puts North Dakota Wind Project Into Operation* <https://www.socaltech.com/fullstory/0080747.html> San Diego-based renewable energy developer EDF Renewables North America has successfully put another project into operation, this time a 150 megawatt wind energy project in North Dakota. The company said its Merricourt Wind Project has been turned over to Otter Tail Power Company. EDF Renewables developed and managed the construction process for the wind farm, which is near Kulm, North Dakota. (More... <https://www.socaltech.com/fullstory/0080747.html>) *Perch Picks Up $2.5M For Credit Building App* <https://www.socaltech.com/fullstory/0080743.html> Los Angeles-based Perch, a startup which helps users grow their credit by allowing them to pay for such things as Netflix, Spotify, Hulu, and other services on credit, has raised $2.5M in a seed funding, the company said this week. The funding came from Marcy Venture Partners, Citi, Softbank Group Opportunity Fund, Concrete Rose, and Village Capital. The company was founded by CEO Michael Broughton. (More... <https://www.socaltech.com/fullstory/0080743.html>) *Reflections on 2020: Kelly Perdew, Moonshots Capital* <https://www.socaltech.com/fullstory/0080737.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Kelly Perdew, Co-founder and General Partner of Moonshots Capital. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. (More... <https://www.socaltech.com/fullstory/0080737.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 *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 *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 *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 ------------------------------ *Recent Funding <#funding>* 12/15/20 Cosemi <https://www.socaltech.com/intelligence/?action=showdeal&id=101340> Irvine $8.00 M 12/15/20 Eta Compute <https://www.socaltech.com/intelligence/?action=showdeal&id=101339> Thousand Oaks $12.50 M 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 ------------------------------ *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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