*socaltech.com <http://socaltech.com> TechNews - Wednesday, January 6, 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 * - Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation <#0080764> - J2 Global Buys Four More Companies <#0080766> - Green Dot Launches New Mobile Banking Effort, GO2bank <#0080767> - Alto Launches On-Demand Ridesharing, Delivery In LA <#0080770> - LinQuest Completes TMC Design Acquisition <#0080768> - QAD Completes Allocation Network GmbH Acquisition <#0080769> - Cameo Hits $100M In Transactions, Says Report <#0080765> - GeoLinks Completes TPx Communications Buy <#0080762> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, January 6, 2021* *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 *Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation* <https://www.socaltech.com/fullstory/0080764.html> Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's high tech community. We've been posting these throughout the next two weeks. Today, we have Andy Wilson, Executive Director of the Alliance for SoCal Innovation (www.alliancesocal.org). You will be able to get to all of these posts on our 2020 reflections here. (More... <https://www.socaltech.com/fullstory/0080764.html>) *J2 Global Buys Four More Companies* <https://www.socaltech.com/fullstory/0080766.html> Los Angeles-based J2 Global, which owns a long list of online Internet services and publishers, has acquired four more companies, the company said today. According to J2 Global, it completed four acquisition in Q4 of 2020, including RetailMeNot, Inspired eLearning, The Aberdeen Group, LLC, and Logiva A/G. Financial details of the acquisitions were not announced, however, J2GLobal had said in September that it would pay approximately $420M for RetailMeNot. (More... <https://www.socaltech.com/fullstory/0080766.html>) *Green Dot Launches New Mobile Banking Effort, GO2bank* <https://www.socaltech.com/fullstory/0080767.html> Pasadena-based Green Dot Corporation, which operates a number of prepaid payment cards and online banking services, says it is launching a new mobile bank called Go2bank. The company said the new bank is aimed specifically at Americans who are living paycheck-to-paycheck. The new banking offering--delivered via an app--offer up to $200 overdraft protection, early access to pay, credit tools, and more. (More... <https://www.socaltech.com/fullstory/0080767.html>) *Alto Launches On-Demand Ridesharing, Delivery In LA* <https://www.socaltech.com/fullstory/0080770.html> A Texas on-demand rideshare and delivery service is hoping to gain traction in Los Angeles, with an eye on the luxury market, saying on Tuesday that it has launched a new expansion into LA. The company says it offers up its rides in "five-star crash rated SUVs" and a team of "fully employed, rigorously vetted and trained uniformed" drivers. (More... <https://www.socaltech.com/fullstory/0080770.html>) *LinQuest Completes TMC Design Acquisition* <https://www.socaltech.com/fullstory/0080768.html> Los Angeles-based LinQuest, a provider of space systems and related technology for the defense and intelligence market, said it has completed its acquisition of TMC Design Corporation, a provider of engineering, development, and integration company with expertise in electromagnetics, digital signal processing, and radio frequency communications. Financial terms of the deal were not announced. (More... <https://www.socaltech.com/fullstory/0080768.html>) *QAD Completes Allocation Network GmbH Acquisition* <https://www.socaltech.com/fullstory/0080769.html> Santa Barbara-based *QAD <http://www.qad.com>*, which develops software for the manufacturing sector, said Tuesday afternoon that it has completed its acquisition of *Allocation Network GmbH*. Allocation Network GmbH was based in Munich, Germany. Financial terms of the acquisition were not announced. The company said the acquisition will strengthen its suite of products and services, plus support its cloud growth initiatives. QAD is led by CEo Anton Chilton.(More... <https://www.socaltech.com/fullstory/0080769.html>) *Cameo Hits $100M In Transactions, Says Report* <https://www.socaltech.com/fullstory/0080765.html> Los Angeles-based Cameo, which allows anyone to pay their favorite celebrities, athletes, actors, and many others to record personalized messages to them, had roughly $100M in transactions in 2020, according to a report, and has reached 200 employees. The app maker's offering has become very popular, allowing people to pay all kinds of celebrities for video messages of all kinds, ranging from birthdays, personal messages to friends, and much more. The company said sold 1. (More... <https://www.socaltech.com/fullstory/0080765.html>) *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>) *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 *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 *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 *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] *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>* 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 Shred <https://www.socaltech.com/intelligence/?action=showdeal&id=101149> Hollywood $4.00 M 11/13/20 Applied Data Finance, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=101150> San Diego $14.20 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). 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