*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 17, 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 * - Micronoma Snags $3.5M In Convertible Note For Cancer Detection <#0080936> - HONK Names New Chief Revenue Officer <#0080935> - Long Beach Accelerator Launches First Class <#0080933> - Therabody Lands Celebrity Packed Investment <#0080931> - Zadara Acquires NeoKarm <#0080932> - HyreCar Raises $29.7M In Public Offering <#0080934> - Metropolis Finds Huge, $41M Funding Round <#0080930> *Marketplace* - Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <#ad772> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Wednesday, February 17, 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. *Micronoma Snags $3.5M In Convertible Note For Cancer Detection* <https://www.socaltech.com/fullstory/0080936.html> San Diego-based Micronoma, a biotech startup developing cancer detection technology, has raised $3.5M in a convertible note financing, the company said this morning. The company said funding came from SymBiosis LLC, an existing investor, as well as new investor The Seerave Foundation. The company says it has now raised $6.5M in total since a seed round six months ago. (More... <https://www.socaltech.com/fullstory/0080936.html>) *HONK Names New Chief Revenue Officer* <https://www.socaltech.com/fullstory/0080935.html> Los Angeles-based HONK Technologies, which operates a roadside assistance service to connect drivers with towing, said this morning that it has named Rochelle Thielen as Chief Revenue Officer. Thielen was most recently Executive Vice President, Partners, and previously also served as CEO of Estify, and has served at Mitchell International and Audatex, according to the company. HONK provides its roadside assistance service to individuals, automobile manufacturers, insurance carriers and fleets. (More... <https://www.socaltech.com/fullstory/0080935.html>) *Long Beach Accelerator Launches First Class* <https://www.socaltech.com/fullstory/0080933.html> A new startup accelerator in Long Beach, the Long Beach Accelerator, said this week that it has launched its very first class of startups. The accelerator is being run by Sunstone Management, the City of Long Beach's Economic Development Department and California State University Long Beach's Institute for Innovation & Entrepreneurship (CSLUB IIE). The accelerator said the startups include three companies based in Long Beach, which will participate in a 3. (More... <https://www.socaltech.com/fullstory/0080933.html>) *Therabody Lands Celebrity Packed Investment* <https://www.socaltech.com/fullstory/0080931.html> Los Angeles-based Therabody, a developer of devices which use massage therapy to relieve muscle tension, said it has received a strategic investment round from more than 100 people, including many celebrities, in the professional sports, culture, and entertainment area. (More... <https://www.socaltech.com/fullstory/0080931.html>) *Zadara Acquires NeoKarm* <https://www.socaltech.com/fullstory/0080932.html> Irvine-based enterprise cloud storage provider Zadara announced on Tuesday that it has acquired NeoKarm, a developer of multi-cloud hybrid platforms. Financial terms of the acquisition were not announced. Zadara said that the acquisition will help boost its edge cloud services offering. Simon Grinberg, the CEO of NeoKarm, and former head of product for Stratoscale, will join Zadara as Head of Product via the acquisition. (More... <https://www.socaltech.com/fullstory/0080932.html>) *HyreCar Raises $29.7M In Public Offering* <https://www.socaltech.com/fullstory/0080934.html> Los Angeles-based car sharing marketplace HyreCar reports it has raised $29.7M in its public offering. The publicly traded company--which trades as HYRE on the NASDAQ--said it sold 2.53 million shares of its common stock at a public offering price of $11.75 per share. The offering was run by Lake Street Capital Markets, LLC and Northland Securities. (More... <https://www.socaltech.com/fullstory/0080934.html>) *Metropolis Finds Huge, $41M Funding Round* <https://www.socaltech.com/fullstory/0080930.html> Los Angeles-based Metropolis, a new startup focused on parking, has raised a huge, $41M Series A funding, the company announced on Tuesday. The startup--led by parking startup veteran Alex Israel--said the funding was led by 3L, and also included 01 Advisors, Dragoneer and Slow Ventures, plus real estate investors Starwood, RXR, DivcoWest and Dan Doctoroff. The company says it has now raised $60M in total funding. (More... <https://www.socaltech.com/fullstory/0080930.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/ *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 *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] *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>* 2/12/21 Pipeline Therapeutics <https://www.socaltech.com/intelligence/?action=showdeal&id=101930> San Diego $80.00 M 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 ------------------------------ *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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