*socaltech.com <http://socaltech.com> TechNews - Thursday, February 4, 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 * - Halogen Ventures, Led By Jesse Draper, Raises $21M In Second Fund <#0080887> - Amplify.LA Seeks To Raise $50M Fund, Amplify.LA Capital V <#0080885> - Techstars Los Angeles Sets Kozlov As Head <#0080886> - Crush Capital Gets $3.25M For Streaming Series On IPOs <#0080884> - Invoca's Offices Taken Over By 20,000 Honey Bees <#0080883> - CLICS Collects $1M In Crowdfunding <#0080882> - Esri Debuts New Tool For Real-Time IoT Data Analysis <#0080881> - Newegg Opens New Third Party Logistics Facility <#0080880> - Amazon Testing Rivian EV Delivery Vans In LA <#0080879> - LeaseLock Lands $52M In Series B <#0080877> *Marketplace* - Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <#ad772> - Become a Socaltech Supporter! <#ad724> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - UK Government's Department for International Trade (DIT) <#ad756> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Thursday, February 4, 2021* *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] *Halogen Ventures, Led By Jesse Draper, Raises $21M In Second Fund* <https://www.socaltech.com/fullstory/0080887.html> Los Angeles-based Halogen Ventures, the venture capital firm led by Jesse Draper, has raised $21M in its second fund, the firm said on Wednesday. According to Halogen Ventures, the fund will continue to invest in women and diversity. Halogen Ventures was founded in 2015, and so far has invested in over 60 female founded companies, and says it now has ten exits out of its portfolio. Names of limited partners in the new fund were not announced. (More... <https://www.socaltech.com/fullstory/0080887.html>) *Amplify.LA Seeks To Raise $50M Fund, Amplify.LA Capital V* <https://www.socaltech.com/fullstory/0080885.html> Venice, California-based Amplify.LA, the startup incubator and investor led by Paul Bricault and Oded Noy, has launched an effort to raise $50M in a new venture capital investment fund, Amplify.LA Capital V. The fundraising effort apparently just started, and was disclosed in a regulatory filing by the firm on Wednesday. As is usual with venture funds, no details have yet been announced by Amplify.LA on the funding effort, and would not be expected before any official close of funding. (More... <https://www.socaltech.com/fullstory/0080885.html>) *Techstars Los Angeles Sets Kozlov As Head* <https://www.socaltech.com/fullstory/0080886.html> Startup accelerator network operator Techstars has named Matt Kozlov as Managing Director of Techstars LA, the company's Los Angeles startup accelerator program, the accelerator said on Wednesday. Kozlov previously was Managing Director of the Techstars Starburst Space Accelerator, in addition to serving as Director of the Techstars Healthcare Accelerator in partnership with Cedars-Sinai, two of Techstars' other programs which have been run in the Los Angeles area. (More... <https://www.socaltech.com/fullstory/0080886.html>) *Crush Capital Gets $3.25M For Streaming Series On IPOs* <https://www.socaltech.com/fullstory/0080884.html> Los Angeles-based Crush Capital, a startup founded by Darren Marble and Todd Goldberg, said on Wednesday that it has raised $3.25M in a seed funding round, which will go towards its own, online streaming series called "Going Public". (More... <https://www.socaltech.com/fullstory/0080884.html>) *Invoca's Offices Taken Over By 20,000 Honey Bees* <https://www.socaltech.com/fullstory/0080883.html> In one of those strange moments to come out of the high tech world still in a pandemic, Santa Barbara-based Invoca--with its workers all temporarily working from home like the rest of the world---apparently was taken over by 20,000 bees while people were away, according to the company. (More... <https://www.socaltech.com/fullstory/0080883.html>) *CLICS Collects $1M In Crowdfunding* <https://www.socaltech.com/fullstory/0080882.html> La Jolla-based CLICS, a startup developing an Internet connected device for hair salons for dispensing hair coloring, has raised $1M via a crowdfunding effort, the company announced this week. The company said that the fundraising came via crowdfunding website Wefunder, including funding from Brian Claypool, a civil rights trial attorney. (More... <https://www.socaltech.com/fullstory/0080882.html>) *Esri Debuts New Tool For Real-Time IoT Data Analysis* <https://www.socaltech.com/fullstory/0080881.html> Redlands-based GIS software giant Esri said on Wednesday that it has released a new tool, ArcGIS Velocity, which is aimed at ingesting and analyzing real-time data from the Internet-of-Things. The company said the tool--previously known as ArcGIS Analytics for IoT--is meant to capture information from sensors, moving objects, or anything that changes over time, and then automatically flag patterns, trends, and anomalies. Pricing on the new tool was not announced. (More... <https://www.socaltech.com/fullstory/0080881.html>) *Newegg Opens New Third Party Logistics Facility* <https://www.socaltech.com/fullstory/0080880.html> Los Angeles-based Newegg said on Wednesday that it has opened up a brand new, 275,000 square foot third party logistics (3PL) location, in Eastvale, California. The company said that the addition of new warehousing and distribution facilities will help it to serve its existing 3PL clients more effectively. Newegg offers up third party logistics services--including storage, fulfillment, and transporation of products--through its Newegg Logistics business unit. (More... <https://www.socaltech.com/fullstory/0080880.html>) *Amazon Testing Rivian EV Delivery Vans In LA* <https://www.socaltech.com/fullstory/0080879.html> Amazon said it has started testing electric delivery vans from Rivian on Wednesday morning, using the all electric vehicle in multiple locations in Los Angeles. According to Amazon, it hopes to have its custom electric delivery vehicles in up to 15 additional cities in 2021. Amazon did not say how many of Rivian's delivery vans will be deployed in the Los Angeles test. (More... <https://www.socaltech.com/fullstory/0080879.html>) *LeaseLock Lands $52M In Series B* <https://www.socaltech.com/fullstory/0080877.html> Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. The new funding was led by Westerly Winds and Wildcat Venture Partners, and also included SoftBnk Ventures. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=57547>)( More... <https://www.socaltech.com/fullstory/0080877.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/ *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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] *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]. ------------------------------ *Recent Funding <#funding>* 2/03/21 LeaseLock <https://www.socaltech.com/intelligence/?action=showdeal&id=101670> Marina Del Rey $52.00 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 9, Los Angeles -- *An Entrepreneur's Guide to IP* *NEW* . See http://www.socaltech.com/calendar/eventid/26706 ------------------------------ *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
