*socaltech.com <http://socaltech.com> TechNews - Monday, March 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 * - EZ Texting Links With Shutterstock <#0081008> - Iteris Seeks Buyer <#0081004> - Instride Adds Meg Whitman To Advisory Board <#0081005> - Levine Leichtman's Therapeutic Research Center Acquires NetCE <#0081006> - HyperX Launches Its Own Apparel Line <#0081007> - Newegg Looks To Hire And Place Fry's Electronics Workers <#0081003> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Monday, March 8, 2021* *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. *EZ Texting Links With Shutterstock* <https://www.socaltech.com/fullstory/0081008.html> Santa Monica-based business texting software developer EZ Texting, which is venture backed by Morgan Stanley Expansion Capital, Investor AB, and ROCA Partners, said last week that it has partnered with Shutterstock. According to the companies, the partnership makes millions of free images available to EZ Texting customers. EZ Texting said the new feature comes via Shuterstock's API. (More... <https://www.socaltech.com/fullstory/0081008.html>) *Iteris Seeks Buyer* <https://www.socaltech.com/fullstory/0081004.html> Santa Ana-based Iteris, which develops traffic and mobility management products, says it is seeking "strategic alternatives", and has hired investment banker Moelis & Company to assist it in the review. The company said its board has "initiated a comprehensive review of strategic alternatives to maximize shareholder value." The company did not give any other details on the effort, but did say that Latham & Watkins LLP is serving as the Company's legal advisor. (More... <https://www.socaltech.com/fullstory/0081004.html>) *Instride Adds Meg Whitman To Advisory Board* <https://www.socaltech.com/fullstory/0081005.html> Los Angeles-based Instride, which operates enterprise education programs, says it has tapped Meg Whitman, most recently the CEO of ill-fated Quibi, for its advisory board. Whitman also had previously served at eBay, Hewlett-Packard, and other companies. Instride says its advisory board also includes George S. Barrett, former Chair and CEO of Cardinal Health, Inc.; Barbara J. Desoer, former CEO of Citibank, N.A.; Lynne Doughtie, former U.S. (More... <https://www.socaltech.com/fullstory/0081005.html>) *Levine Leichtman's Therapeutic Research Center Acquires NetCE* <https://www.socaltech.com/fullstory/0081006.html> *Therapeutic Research Center*, which is owned by Los Angeles-based private equity investor *Levine Leichtman Capital Partners*, says it has acquired *NetCE*, a Roseville-based provider of continuing education resources for the healthcare industry. Financial details of the acquisition were not announced. NetCE (CE Resources Inc.) was founded in 1991. TRC is based in Denver, Colorado.(More... <https://www.socaltech.com/fullstory/0081006.html> ) *HyperX Launches Its Own Apparel Line* <https://www.socaltech.com/fullstory/0081007.html> Fountain Valley-based HyperX, the gaming products maker which is currently part of Kingston Technology--but is in the process of being sold to HP--says it has launched its own apparel line. The company--which targets videogamers with its products--said its "GG Collection" is being manufactured in collaboration with Champion Athleticwear. (More... <https://www.socaltech.com/fullstory/0081007.html>) *Newegg Looks To Hire And Place Fry's Electronics Workers* <https://www.socaltech.com/fullstory/0081003.html> Los Angeles-based online electronic retailer Newegg said on Friday that it is looking to take advantage of the recent closure of Fry's Electronics, to both hire and place workers from the now defunct electronics chain. According to Newegg, it has "dozens" of open positions at its City of Industry headquarters, and also that its in-house staffing agency, Newegg Staffing, is actively recruiting for outplacement roles at local businesses, including temporary, permanent and seasonal positions. (More... <https://www.socaltech.com/fullstory/0081003.html>) *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com *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]. *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 *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] *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>* 3/04/21 Whatnot <https://www.socaltech.com/intelligence/?action=showdeal&id=102122> Los Angeles $20.00 M 2/24/21 Emotive <https://www.socaltech.com/intelligence/?action=showdeal&id=102079> Los Angeles $50.00 M 2/24/21 BeSmartee <https://www.socaltech.com/intelligence/?action=showdeal&id=102080> Huntington Beach $0.00 M 2/23/21 SpaceX <https://www.socaltech.com/intelligence/?action=showdeal&id=102053> Hawthorne $850.00 M 2/18/21 talkshoplive <https://www.socaltech.com/intelligence/?action=showdeal&id=101941> Los Angeles $3.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html March 9, Pasadena -- *Fundraising Essentials: Pitching Angel Groups* Preccelerator® U Presents: Fundraising Essentials: Pitching Angel Groups. Join us for this Preccelerator Program event with Mimi Carter of the Pasadena Angels as she shares insights on pitch deck preparation, metrics and approach that will assist in preparing you to pitch to Angel investor syndicate groups. Mimi Carter is an entrepreneur and investor in early-stage companies. She is a partner at Carterus Strategies and director of the Pasadena Angels, named one of the top 10 angel investing groups in the US by Forbes Magazine. Mimi serves on the advisory board for Mayor Eric Garcetti’s WiSTEM program, an initiative to lead the nation in developing and sustaining a robust pipeline of women in STEM. She is a strategic advisor for Women Founder’s Foundation, an organization providing access to capital, visibility, and mentorship for female founders. See http://www.socaltech.com/calendar/eventid/26708 March 25, Los Angeles -- *Preccelerator Program Virtual Demo Day* Preccelerator Program Virtual Demo Day + Special Guest Speaker. The Preccelerator ® Program Virtual Demo Day kicks off on March 25th @ 3:30 pm, and you're invited to take part in the festivities. Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts. See http://www.socaltech.com/calendar/eventid/26707 March 31, Los Angeles -- *Pepperdine University Most Fundable Companies Competition* Pepperdine University Most Fundable Companies® competition. Winners earn a spot on the annual Most Fundable Companies List, with national publicity and recognition. The free program informs US startups with less than $10 million in revenue about investor diligence. See http://www.socaltech.com/calendar/eventid/26711 ------------------------------ *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
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