*socaltech.com <http://socaltech.com> TechNews - Thursday, January 28, 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 * - Faraday Future Set To Go Public Through SPAC <#0080850> - Halo Technology Group Buys Skylane Optics <#0080851> - AuditBoard Snags Two Executives From Cisco <#0080852> - Virgin Hyperloop Releases Experience Video <#0080849> - Science Launches Its Own SPAC <#0080848> - HONK Wins Fleet Management Firm <#0080847> *Marketplace* - Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <#ad772> - UK Government's Department for International Trade (DIT) <#ad756> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Stradling <#ad608> *Thursday, January 28, 2021* *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 *Faraday Future Set To Go Public Through SPAC* <https://www.socaltech.com/fullstory/0080850.html> Los Angeles-based electric vehicle developer Faraday Future is joining the rush to public markets through a Special Purpose Acquisition Company (SPAC), saying this morning that it plans to list on the NASDAQ through a merger with Property Solutions Acquisition Corp.. The company said the planned merger with PSAC (which currently trades on the NASDAQ as PSAC) would provide it with an estimated $1 billion in gross proceeds. (More... <https://www.socaltech.com/fullstory/0080850.html>) *Halo Technology Group Buys Skylane Optics* <https://www.socaltech.com/fullstory/0080851.html> Irvine-based Halo Technology Group, a manufacturer of fiber optic transceivers and high speed cabling, said today that it has acquired Skylane Optics, a manufacturer of optical networking products. Financial terms of the buy were not announced. Skylane Optics has offices in Europe, Brazil, and the United States. Halo Technology said the acquisition will add new products, including CFP-DCO coherent products. Halo's CEO is Matt McCormick. (More... <https://www.socaltech.com/fullstory/0080851.html>) *AuditBoard Snags Two Executives From Cisco* <https://www.socaltech.com/fullstory/0080852.html> Los Angeles-based cloud-based software developer AuditBoard--which develops software for managing audit, risk, and compliance programs--says it has named two executives this morning. The company said it has named Tom Schmit as Chief Revenue Officer and Chris Doell as Chief Customer Officer. (More... <https://www.socaltech.com/fullstory/0080852.html>) *Virgin Hyperloop Releases Experience Video* <https://www.socaltech.com/fullstory/0080849.html> Los Angeles-based Virgin Hyerloop, which is developing high tech, high-speed transportation technology, has released a fancy video simulating what it might be like to take a system based on its technology. The video walks viewers through boarding and riding what might be a system built on the "hyperloop" concept--when (or if) the firm manages to actually build one of its systems between cities. (More... <https://www.socaltech.com/fullstory/0080849.html>) *Science Launches Its Own SPAC* <https://www.socaltech.com/fullstory/0080848.html> Santa Monica-based Science, the startup studio led by Mike Jones and Peter Pham, has launched its own Special Purpose Acquisition Company (SPAC), called Science Strategic Acquisition Corp. Alpha (SSAA). According to Science Strategic Acquisition Corp. Alpha this week, it priced a $270,000,000 initial public offering (IPO), which will trade on the Nasdaq Capital Market under the symbols SSAA and warrants as SSAAW. (More... <https://www.socaltech.com/fullstory/0080848.html>) *HONK Wins Fleet Management Firm* <https://www.socaltech.com/fullstory/0080847.html> Los Angeles-based HONK Technologies, the startup led by Corey Brundage which provides roadside assistance services, has signed on a Texas fleet management company, Sewell Fleet Management, as a customer. According to HONK Technologies, it will provide its services for Sewell as its new roadside assistance partner. Financial details of the deal were not announced. HONK provides emergency roadside assistance via its own network of background-checked, independent service providers. (More... <https://www.socaltech.com/fullstory/0080847.html>) *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/ *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 *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]. *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>http://www.sycr.com ) For more than 40 years top companies and municipalities have counted on Stradling to have the right team and skills to meet their toughest challenges 24/7, 365 days a year. ------------------------------ *Recent Funding <#funding>* 1/21/21 Plexium <https://www.socaltech.com/intelligence/?action=showdeal&id=101426> San Diego $35.00 M 1/12/21 Genalyte <https://www.socaltech.com/intelligence/?action=showdeal&id=101379> San Diego $50.00 M 1/12/21 Vesica <https://www.socaltech.com/intelligence/?action=showdeal&id=101380> Los Angeles $2.10 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 Eta Compute <https://www.socaltech.com/intelligence/?action=showdeal&id=101339> Thousand Oaks $12.50 M 12/15/20 Cosemi <https://www.socaltech.com/intelligence/?action=showdeal&id=101340> Irvine $8.00 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). 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