*socaltech.com <http://socaltech.com> TechNews - Monday, February 8, 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 * - Fifth Wall Raises $300M In SPAC IPO <#0080899> - Montgomery Summit Announces Virtual Lineup <#0080897> - Illumina Accelerator Makes Investments In Nine Startups <#0080896> - Seed Health Acquires Auggi <#0080895> - WeWillDecide Launches Politics Website <#0080898> - Launch Factory Finds $2.5M For Venture Studio <#0080894> - Universal Music Group Pulls Music From Triller <#0080893> - Green Dot Sets New CTO <#0080891> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - UK Government's Department for International Trade (DIT) <#ad756> - Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <#ad772> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Monday, February 8, 2021* *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. *Fifth Wall Raises $300M In SPAC IPO* <https://www.socaltech.com/fullstory/0080899.html> Los Angeles-based property technology investor Fifth Wall has raised $300M in a Special Purpose Acquisition Company (SPAC) last week, Fifth Wall Acquisition I. Fifth Wall's SPAC offering was run by Goldman Sachs & Co and Deutsche Bank Securities. Fifth Wall Acquisition I said it had not yet selected any business combination target for the SPAC. The SPAC is Fifth Wall's first; the firm has been a very active investor in the region in technology companies. (More... <https://www.socaltech.com/fullstory/0080899.html>) *Montgomery Summit Announces Virtual Lineup* <https://www.socaltech.com/fullstory/0080897.html> The Montgomery Summit, the investment, business, and technology conference run by Jamie Montgomery, and being run now by March Capital, announced its keynote speakers and presenting companies on Friday, saying it will be running virtually this year--and, for the first time, will be free. (More... <https://www.socaltech.com/fullstory/0080897.html>) *Illumina Accelerator Makes Investments In Nine Startups* <https://www.socaltech.com/fullstory/0080896.html> San Diego-based life sciences equipment giant Illumina said today that it has made investments in nine new genomics companies, as part of the company's startup accelerator, the Illumina Accelerator. The company said it made investments in four companies for its effort in the UK, and five companies at its accelerator in the Bay Area. Illumina said the startups receiving investments in the UK included BiotaX Labs LTD, Broken String Biosciences Limited, Mitra Bio Limited, and MultiplAI Health LTD. (More... <https://www.socaltech.com/fullstory/0080896.html>) *Seed Health Acquires Auggi* <https://www.socaltech.com/fullstory/0080895.html> Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced. (More... <https://www.socaltech.com/fullstory/0080895.html>) *WeWillDecide Launches Politics Website* <https://www.socaltech.com/fullstory/0080898.html> A new, San Diego-based startup, We Will Decide, says it has launched a new website to help provide information on American politics, including information on Congressional vote tallies, Executive Orders, and other information. The company said it plans to provide each user with a list of their Senators and Representatives, their current and past votes on bills, and votes in aggregate. (More... <https://www.socaltech.com/fullstory/0080898.html>) *Launch Factory Finds $2.5M For Venture Studio* <https://www.socaltech.com/fullstory/0080894.html> San Diego-based Launch Factory a new "venture studio" which is looking to recruit entrepeneurs to help it launch vetted business concepts, recently raised $2.5M in funding, according to the group. The funding came from a number of angels, including Broadway Angels, San Diego Venture Partners, and TI Platform Management. According to the startup studio it plans to use the funding to launch four new startups in San Diego, investing $300K in seed capital in each of those companies. (More... <https://www.socaltech.com/fullstory/0080894.html>) *Universal Music Group Pulls Music From Triller* <https://www.socaltech.com/fullstory/0080893.html> Universal Music Group has pulled all of the music from its catalog from Los Angeles-based social app developer Triller, claiming that Triller has withheld payments owed to the label's artists, and refuses to negotiate a license with the company. Universal Music Group represents a large number of artists, including such artists as Eminem, Drake, and others. (More... <https://www.socaltech.com/fullstory/0080893.html>) *Green Dot Sets New CTO* <https://www.socaltech.com/fullstory/0080891.html> Pasadena-based Green Dot Corporation, the operator of prepaid Mastercard, online and mobile banking, and other related businesses, has named Gyorgy Tomso as the company's Chief Technology Officer. Tomso was most recently Chief Operations Officer for fintech payments technology provider PayU. Prior to that, he served at Sia Central Europe. He also served at Euronet Worldwide, where he was for 14 years, serving as Chief Information Officer. (More... <https://www.socaltech.com/fullstory/0080891.html>) *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] *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 *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 *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/ *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 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 ------------------------------ *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* An Entrepreneur's Guide to IP. w/ Kevin DeBre and Heather Antoine of Stubbs, Alderton & Markiles, LLP. An overview of copyrights, patents, trademarks and trade secrets, as well as some of the important strategic business topics related to IP. Kevin DeBré, Chair of the Intellectual Property and Technology Transactions practice and Heather Antoine, Chair of the Trademark and Brand Protection practice at Stubbs Alderton & Markiles will give an interactive overview of copyrights, patents, trademarks and trade secrets. In addition, other important key topics will include: What should an entrepreneur consider when choosing a name for their venture? What are Terms of Service and Privacy Policies and why are they important? How should an entrepreneur respond when a potential investor asks if they have any intellectual property? Do you need a lawyer to obtain a trademark or file a patent application? Should you try to patent your idea? Are NDAs (nondisclosure agreements) necessary and what if somebody refuses to sign one? What are some key takeaways about IP entrepreneurs should keep in mind. 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. 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