*socaltech.com <http://socaltech.com> TechNews - Friday, January 15, 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 * - Viant Files For IPO <#0080809> - Dreamhost Links With Lendio On PPP Assistance <#0080810> - The Trade Desk Names COO <#0080811> - Mictic Sets Up Shop In LA <#0080808> - Ring Bug Allowed Retrieval Of Locations, Addresses <#0080807> - March Capital Raises $450M In New Fund <#0080806> - Drata Gets $3.2M For Security Compliance <#0080802> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - Support Our News Coverage - Become A Member Today! <#ad680> *Friday, January 15, 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 *Viant Files For IPO* <https://www.socaltech.com/fullstory/0080809.html> Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The IPO is being underwritten by BofA Securities, UBS Investment Bank, Canaccord Genuity, JMP Securities, Needham & Company, and Raymond James. The company is led by CEO Tim Vanderhook. (More... <https://www.socaltech.com/fullstory/0080809.html>) *Dreamhost Links With Lendio On PPP Assistance* <https://www.socaltech.com/fullstory/0080810.html> Los Angeles-based web hosting and WordPress services provider DreamHost and small business lending service Lendio said on Thursday that the two are partnered to provide Paycheck Protection Program (PPP) application guidance to Dreamhost customers. According to the companies, Lendio will work to assist DreamHost business customers to apply for funds made available in the latest US government Paycheck Protection Program (PPP) program. Financial details of the partnership were not announced. (More... <https://www.socaltech.com/fullstory/0080810.html>) *The Trade Desk Names COO* <https://www.socaltech.com/fullstory/0080811.html> Los Angeles-based advertising software and exchange operator The Trade Desk said this week that it has named Michelle Hulst as the company's Chief Operating Offier. Hulst was previously Executive Vice President, Global Data and Strategy at The Trade Desk, and prior to that was Group Vice President, Marketing and Strategic Partnerships, Oracle Data Cloud. According to The Trade Desk, Hulst will be responsible for global operations, data, commercial enablement, and client services in her new role. (More... <https://www.socaltech.com/fullstory/0080811.html>) *Mictic Sets Up Shop In LA* <https://www.socaltech.com/fullstory/0080808.html> Zurich-based Mictic, a Zurich, Switzerland-based startup which is providing wearable, musical wristbands for the "XR" market, says it has opened up a new office in Southern California. According to the company, the startup is opening up a Los Angeles office in order to maximize its relations with the entertainment and tech industry. (More... <https://www.socaltech.com/fullstory/0080808.html>) *Ring Bug Allowed Retrieval Of Locations, Addresses* <https://www.socaltech.com/fullstory/0080807.html> A bug in the software of Santa Monica-based Ring exposed the precise locations and home addresses of users, according to a report, a flaw that has now been fixed. According to TechCrunch, a security bug made it possible to retrieve location data on users who posted to the Ring app. Ring said it fixed the issue, and has not identified any evidence of that information being accessed or used maliciously. (More... <https://www.socaltech.com/fullstory/0080807.html>) *March Capital Raises $450M In New Fund* <https://www.socaltech.com/fullstory/0080806.html> Santa Monica-based March Capital (formerly March Capital Partners) announced on Thursday that it has raised its third fund, March Capital Fund III, which it closed at $450M in commitments. According to the firm, the new fund is focused on enterprise software companies, and included both existing and new investors. (More... <https://www.socaltech.com/fullstory/0080806.html>) *Drata Gets $3.2M For Security Compliance* <https://www.socaltech.com/fullstory/0080802.html> San Diego-based Drata, a startup developing security automation and compliance software, has raised $3.2M in a seed funding, the company said Wednesday. According to the company, the funding was led by Cowboy Ventures, and also included Leaders Fund and SV Angel, along with angel investors. Drata was founded by Adam Markowitz, Daniel Marashlian, and Troy Markowitz. (More... <https://www.socaltech.com/fullstory/0080802.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 *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 *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 *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! 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