*socaltech.com <http://socaltech.com> TechNews - Tuesday, January 5, 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 * - GeoLinks Completes TPx Communications Buy <#0080762> - HG Insights Gets Funding From Riverwood Capital <#0080761> - Quest Software Buys Erwin <#0080760> - IconOVir Gets $77M For Cancer Treatment Efforts <#0080759> - Topdser Extends Dropshipping Services To Product Storage <#0080763> - LiveXLive Expands Board <#0080758> - Quibi Seeks To Sell Content Library To Roku <#0080757> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Tuesday, January 5, 2021* *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 *GeoLinks Completes TPx Communications Buy* <https://www.socaltech.com/fullstory/0080762.html> Camarillo-based GeoLinks, which provides high speed wireless connectivity, says it has completed its acquisition of certain network assets of TPx Communications. Financial details of the deal were not announced. GeoLinks acquired certain network assets, including fixed wireless infrastructure and spectrum licenses from TPx. According to GeoLinks, the deal will deepen and expand its coverage area, and allow it to deliver higher capacity circuits. GeoLinks recently won a $284. (More... <https://www.socaltech.com/fullstory/0080762.html>) *HG Insights Gets Funding From Riverwood Capital* <https://www.socaltech.com/fullstory/0080761.html> San Barbara-based HG Insights, which provides information on technology installations, IT spend, and related areas, has received an investment from private equity investment firm Riverwood Capital. Size of the investment--which the companies said was a "significant growth investment"--was not announced. HG Insights provides information on the installation footprint and IT spending at enterprises, helping its customers with market sizing, whitespace analysis, and territory planning. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=62937>)( More... <https://www.socaltech.com/fullstory/0080761.html>) *Quest Software Buys Erwin* <https://www.socaltech.com/fullstory/0080760.html> Aliso Viejo-based software company Quest Software announced this morning that it has acquired erwin, Inc., a developer of data modeling, data governance, and business process modeling software. Financial terms of the acquisition were not announced. Quest said that Erwin has more than 3,500 customers across North America, EMEA, and Asia Pacific. Erwin had been owned by private equity investor Parallax Capital Partners. Erwin joins Quest's Information Systems and Management (ISM) business unit. (More... <https://www.socaltech.com/fullstory/0080760.html>) *IconOVir Gets $77M For Cancer Treatment Efforts* <https://www.socaltech.com/fullstory/0080759.html> San Diego-based IconOVir bio, a biotechnology company focused on oncolytic virus therapy, has raised $77M in a Series A funding, the company announced this morning. The funding was co-led by Nextech and Vida Ventures, and also included Two River Group, Bellco Capital, Polaris Partners, GV, Wellington Partners Venture Capital and Logos Capital. According to the company, it is working on oncolytic virus therapy to improve the treatment of patients with cancer. (More... <https://www.socaltech.com/fullstory/0080759.html>) *Topdser Extends Dropshipping Services To Product Storage* <https://www.socaltech.com/fullstory/0080763.html> Los Angeles-based dropshipping startup Topdser has extended its offerings for drop shippers to sourcing and storing product, the company said on Monday. According to the company, its new offering, Topdser Private Storage lets the company manage storage of surplus products until they're sold, allowing dropshippers to save on product sourcing. The new service is on top of its existing, drop shipping offering. (More... <https://www.socaltech.com/fullstory/0080763.html>) *LiveXLive Expands Board* <https://www.socaltech.com/fullstory/0080758.html> Los Angeles-based LiveXLive, which hosts livestreaming, on-demand audio and video podcasts, and also owns PodcastOne and Slacker Radio, said over the holidays that it has added Maria Garrido to its board of directors. Garrido is Senior Vice President of Brand Marketing at Vivendi Group. She also is currently Chief Insights Officer for Havas Group, in addition to having service at such companies at Colgate-Palmolive and Mondelez. (More... <https://www.socaltech.com/fullstory/0080758.html>) *Quibi Seeks To Sell Content Library To Roku* <https://www.socaltech.com/fullstory/0080757.html> Failed mobile video streaming service Quibi, which is based in Los Angeles, is in talks to sell its content to Roku, according to a report from the WSJ. The WSJ said that Quibi is in "advanced talks" to sell its content catalog to Roku, citing "people familiar with the matter". Quibi is in the midst of winding down its operations. The company raised an astounding $1.75 billion in funding, but failed to gain any traction when it launched last year. (More... <https://www.socaltech.com/fullstory/0080757.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]. *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 *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] *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 ------------------------------ *Recent Funding <#funding>* 1/05/21 HG Insights <https://www.socaltech.com/intelligence/?action=showdeal&id=101349> Santa Barbara $0.00 M 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 ------------------------------ *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. 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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
