*socaltech.com <http://socaltech.com> TechNews - Tuesday, January 26, 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 * - ServiceNow Eyes San Diego Investments As Part Of $100M Fund <#0080841> - Clash Acquires Byte App, Finds New Funding <#0080840> - Airspace Connects With $38M <#0080837> - Traliant Gets Majority Funding From Private Equity Investor <#0080838> - NRGene Raises $30M On Tel-Aviv Stock Exchange <#0080839> - Evid Science Acquired By Genesis Research <#0080836> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> - UK Government's Department for International Trade (DIT) <#ad756> *Tuesday, January 26, 2021* *Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <https://stubbsalderton.com/sam-adds-adrian-cyhan-to-ip-and-technology-transactions-practice/>* Stubbs Alderton & Markiles, LLP, Southern California’s leading business law firm, has announced that nationally recognized intellectual property attorney Adrian Cyhan has joined the firm as a partner in its Intellectual Property & Technology Transactions practice. Adrian is a registered patent attorney whose practice is focused on identifying, protecting and leveraging intellectual property assets and providing related counsel and advice. His practice also involves managing intellectual property portfolios and handling intellectual property-related transactions such as joint ventures, acquisitions, and divestitures. In addition, Mr. Cyhan has extensive experience in trademark filing and prosecution and related counseling. He has negotiated hundreds of transactions and prosecuted patents for technologies such as wireless communications, software, clean technology and vehicles, social media, mechanical, electrical, and medical device technologies. Read more about Adryan Cyhan's appointment here: https://stubbsalderton.com/sam-adds-adrian-cyhan-to-ip-and-technology-transactions-practice/ *ServiceNow Eyes San Diego Investments As Part Of $100M Fund* <https://www.socaltech.com/fullstory/0080841.html> ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego. The company said the new ServiceNow Racial Equity Fund is worth $100M, and is designed to drive more sustainable wealth creation by funding homeownership, entrepreneurship, and neighborhood revitalization within Black communities in 10 regions across the United States. (More... <https://www.socaltech.com/fullstory/0080841.html>) *Clash Acquires Byte App, Finds New Funding* <https://www.socaltech.com/fullstory/0080840.html> Los Angeles-based Clash, a startup that focuses on helping creators with monetization tools, said this morning that it has received a new funding round, and acquired the short-form video app Byte. Size of the funding was not announced . According to the company, the funding round was led by Seven Seven Six, the new fund created by Alexis Ohanian, who is best known for founding Reddit. The company said it also received funding from M13 Ventures and Plug and Play. (More... <https://www.socaltech.com/fullstory/0080840.html>) *Airspace Connects With $38M* <https://www.socaltech.com/fullstory/0080837.html> Carlsbad-based logistics start Airspace, a startup that helps provide time-critical shipping technology, annoucned this morning that it has raised $38M in its Series C funding. The funding was led by Telstra Ventures, and also included co-lead HarbourVest Partners, as well as Scale Ventures, Defy Partners, Qualcomm Ventures, and Prologis Venture. The company says it has now raised a total of $70M. (More... <https://www.socaltech.com/fullstory/0080837.html>) *Traliant Gets Majority Funding From Private Equity Investor* <https://www.socaltech.com/fullstory/0080838.html> Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced. Traliant was founded in 2016, and says it has over 5,000 customers. As part of the majority investment, PSG's Tom Reardon and Chris Andrews have both joined Traliant's board of directors. (More... <https://www.socaltech.com/fullstory/0080838.html>) *NRGene Raises $30M On Tel-Aviv Stock Exchange* <https://www.socaltech.com/fullstory/0080839.html> San Diego-based biotech investor NRGene, which says it is using artificial intelligence for genomics in the agricultural and livestock industry, says it has completed an initial public offering (IPO) on the Tel-Aviv Stock Exchange, and raised approximately $30M. The company says it is now trading as NRGN on the Tel Aviv Stock Exchange. The company's CEO and co-founder is Dr. Gil Ronen. (More... <https://www.socaltech.com/fullstory/0080839.html>) *Evid Science Acquired By Genesis Research* <https://www.socaltech.com/fullstory/0080836.html> L (More... <https://www.socaltech.com/fullstory/0080836.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]. *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] *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 ------------------------------ *Recent Funding <#funding>* 1/21/21 Plexium <https://www.socaltech.com/intelligence/?action=showdeal&id=101426> San Diego $35.00 M 1/12/21 Vesica <https://www.socaltech.com/intelligence/?action=showdeal&id=101380> Los Angeles $2.10 M 1/12/21 Genalyte <https://www.socaltech.com/intelligence/?action=showdeal&id=101379> San Diego $50.00 M 1/05/21 HG Insights <https://www.socaltech.com/intelligence/?action=showdeal&id=101349> Santa Barbara $0.00 M 12/22/20 Perch <https://www.socaltech.com/intelligence/?action=showdeal&id=101427> Los Angeles $2.50 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 ------------------------------ *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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