*socaltech.com <http://socaltech.com> TechNews - Tuesday, March 9, 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 * - Heal Shuffles CEO <#m_1317973858501873996_0081014> - Capsule Launches Digital Pharmacy In LA <#m_1317973858501873996_0081010> - Ventyx Biosciences Takes $114M <#m_1317973858501873996_0081011> - OTOY Launches GPU Rendering Software For MacOS <#m_1317973858501873996_0081013> - GoGuardian Sets Chief Revenue Officer <#m_1317973858501873996_0081012> - Theorycraft Games Finds $37.5M <#m_1317973858501873996_0081009> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#m_1317973858501873996_ad760> - Stradling <#m_1317973858501873996_ad608> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#m_1317973858501873996_ad750> - UK Government's Department for International Trade (DIT) <#m_1317973858501873996_ad756> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_1317973858501873996_ad188> *Tuesday, March 9, 2021* *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/ *Heal Shuffles CEO* <https://www.socaltech.com/fullstory/0081014.html> Los Angeles-based in-home healthcare provider Heal has shuffled its CEO, saying last week that it has appointed Scott Vertrees as CEO of the company, replacing co-founder Nick Desai. Heal did provide reasons for the shuffle. Vertrees has been an advisor to Heal, and previously served as CEO of EasyPay Finance, where he still sits on the board; he also was president of healthcare technology company BidShift. (More... <https://www.socaltech.com/fullstory/0081014.html>) *Capsule Launches Digital Pharmacy In LA* <https://www.socaltech.com/fullstory/0081010.html> Capsule--a well funded, venture funded startup with more than $270M in funding and backing from TCV, Thrive Capital, and Glade Brook Capital, as well as local investors M13 and Ashton Kutcher's Sound Ventures--has expanded into Los Angeles, part of a big expansion push by the company. According to the company, it will offer up its digital pharmacy services to 13.2 million residents across Los Angeles County and Orange County, with its pharmacy located in West Hollywood. (More... <https://www.socaltech.com/fullstory/0081010.html>) *Ventyx Biosciences Takes $114M* <https://www.socaltech.com/fullstory/0081011.html> Encinitas-based Ventyx Biosciences, a developer of immune modulators to treat inflammatory diseases and autoimmune disorders, said this morning that it has raised $114M in an equity funding round. (More... <https://www.socaltech.com/fullstory/0081011.html>) *OTOY Launches GPU Rendering Software For MacOS* <https://www.socaltech.com/fullstory/0081013.html> Los Angeles-based visual effects software developer OTOY says it has launched new GPU rendering software for MacOS, aimed at providing macOS users with what it says provides what it claims is the fastest spectral GPU renderer on macOS Big Sur. the company said its new software, Octane X, is available on the Mac App Store for free. The new tool integrates with such 3D content creation tools as Cinema4D, SketchUp, Maya, Houdini, Blender, Modo, Nuke, Unreal Engine and Unity. (More... <https://www.socaltech.com/fullstory/0081013.html>) *GoGuardian Sets Chief Revenue Officer* <https://www.socaltech.com/fullstory/0081012.html> Los Angeles-based education technology developer GoGuardian says it has named a new Chief Revenue Officer. According to the company, it has named Brandon McAllister to the post, to help shape its long-term strategy for scale, as well as to oversee day-to-day operations of its Revenue team. McAllister most recently served as VP, Enterprise Sales, North America for Everbridge, and also has served at Monster, PowerReviews, LinkedIn, and CareerBuilder. (More... <https://www.socaltech.com/fullstory/0081012.html>) *Theorycraft Games Finds $37.5M* <https://www.socaltech.com/fullstory/0081009.html> Los Angeles- and Seattle-based Theorycraft Games, founded by veterans of Riot Games, has raised $37.5M in a funding round, according to the company. The funding was led by NetEase, and also included NEA, Bitkraft Ventures, Griffin Gaming Partners, Sisu Game Ventures, as well as angels. According to the company, it is looking to make "deep, 10,000-hour games that are just better when played with friends." The new startup is led by CEO and founder Joe Tung. (More... <https://www.socaltech.com/fullstory/0081009.html>) *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. *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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#m_1317973858501873996_funding>* 3/08/21 TheoryCraft Games <https://www.socaltech.com/intelligence/?action=showdeal&id=102123> Los Angeles $37.50 M 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 ------------------------------ *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. 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