*socaltech.com <http://socaltech.com> TechNews - Wednesday, March 10, 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 * - LinearB Snags $16M For Agile Software Efforts <#0081018> - Flutterwave Finds $170M <#0081016> - Neurelis Picks Up $114M <#0081017> - Fralock Holdings Buys Oasis Materials <#0081019> - Mentorcam Captures $1.4M <#0081015> *Marketplace* - Support Our News Coverage - Become A Member Today! <#ad680> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Wednesday, March 10, 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. *LinearB Snags $16M For Agile Software Efforts* <https://www.socaltech.com/fullstory/0081018.html> Los Angeles- and Tel-Aviv-based LinearB, a startup developing software used by both Agile and DevOps team for managing their projects, has raised $16M in its Series A funding, the company announced today. The funding was led by Battery Ventures, and also included 83North and Ariel Maislos, plus TechAviv Founder Partners. The company says it has now raised a total of $21 million. (More... <https://www.socaltech.com/fullstory/0081018.html>) *Flutterwave Finds $170M* <https://www.socaltech.com/fullstory/0081016.html> Los Angeles-based payment technology developer Flultterwave, which helps companies manage cross border payments in Africa, has raised $170M in a Series C funding round, according to the compny. The funding was led by Avenir Growth Capital and Tiger Global Management, along with other un-named investors. Flutterwave said it is now valued at more than $1 billion. (More... <https://www.socaltech.com/fullstory/0081016.html>) *Neurelis Picks Up $114M* <https://www.socaltech.com/fullstory/0081017.html> S (More... <https://www.socaltech.com/fullstory/0081017.html>) *Fralock Holdings Buys Oasis Materials* <https://www.socaltech.com/fullstory/0081019.html> Valencia-based Fralock Holdings, which is owned by private equity investor Arsenal Capital, says it has acquired Oasis Materials, a developer of materials used in in semiconductor, medical, aerospace, defense and other applications. Financial details of the buy were not announced. Fralock said the acquisition is its third in 12 months. Fralock is a developer and manufacturer of engineered advanced materials. Oasis Materials focuses on multi-layer metallization and ceramic manufacturing. (More... <https://www.socaltech.com/fullstory/0081019.html>) *Mentorcam Captures $1.4M* <https://www.socaltech.com/fullstory/0081015.html> Los Angeles-based startup Mentorcam, which develops a video messaging platform, has raised $1.4M in a seed funding round, the company said on Tuesday. The funding was led by General Catalyst, and also included Studio VC, Kosinski Ventures, Realize Tech Fund and angels. The startup--led by CEO Rune Hauge--offers up a video messaging platform which helps consumers gain access to personal advice from experts in a variety of fields. The company's app runs on both iOS and Android. (More... <https://www.socaltech.com/fullstory/0081015.html>) *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *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 *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 *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]. ------------------------------ *Recent Funding <#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 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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