*socaltech.com <http://socaltech.com> TechNews - Friday, April 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 * - Community Connects With $40M For Text Messaging <#0081133> - Iyuno-SDI Group Gets $160M <#0081131> - Totum Labs Set Commercial Officer <#0081132> - Ring Adds Motion Detection Floodlight Camera <#0081134> - Fuel50 Finds $15.5M For Talent Marketplace <#0081130> - G Labs Rolls Out All In One Video Conferencing Device <#0081129> - Can You Pay Your Rent With Bitcoin? Yes, For Caruso Tenants <#0081126> - Tesla Plans World's Largest Supercharger Station At Harris Ranch <#0081128> - Agilon Health Sets IPO Pricing Range <#0081125> - EVgo Picks Up Charger Installation Pace <#0081127> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Friday, April 9, 2021* *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 *Community Connects With $40M For Text Messaging* <https://www.socaltech.com/fullstory/0081133.html> Los Angeles-based Community, a startup which provides a way for celebrities to send text messages--at scale--to their fans, has raised $40M more in a funding round, the company annoucned this morning. The company said the new funding came from Salesforce Ventures. Community says it has now raised nearly $90M in total, from investors which also include Twilio, Sound Ventures, Live Nation, Sony Innovation Fund, and others. (More... <https://www.socaltech.com/fullstory/0081133.html>) *Iyuno-SDI Group Gets $160M* <https://www.socaltech.com/fullstory/0081131.html> Iyuno-SDI Group, a provider of localization services to the media industry with an operation in Burbank, said this week that it has raised $160M in a funding round. The funding came from SoftBank Vision Fund 2. Iyuno-SDI Group says it is now using artificial intelligence and machine translation along with traditional translation for its efforts. The company has been around since 1965. The company's other backers include Shamrock Capital Advisors and SoftBank Ventures Asia Corp. (More... <https://www.socaltech.com/fullstory/0081131.html>) *Totum Labs Set Commercial Officer* <https://www.socaltech.com/fullstory/0081132.html> San Diego-based Totum labs, which is developing its own constellation of Low Earth Orbit (LEO) nanosatellites for use in the Internet-of-Things (IoT) market, says it has named David Gell as its Chief Commercial Officer. The company said Gell has previously served at Hewlett-Packard, Solectek, Nestwave, VIE Technologies and Cygnus Broadband, where he was co-founder. Totum Labs said it raised its $13M, Series A funding in November of 2020. ( More... <https://www.socaltech.com/fullstory/0081132.html>) *Ring Adds Motion Detection Floodlight Camera* <https://www.socaltech.com/fullstory/0081134.html> Santa Monica-based security camera maker Ring--which is now part of Amazon--said this week that it has rolled out a new, outdoor security camera equipment with motion detection and a floodlight. The company said its new Ring Floodlight Cam Wired Pro includes motion-activated LED lights and HD video, as well as a 110db siren. (More... <https://www.socaltech.com/fullstory/0081134.html>) *Fuel50 Finds $15.5M For Talent Marketplace* <https://www.socaltech.com/fullstory/0081130.html> Laguna Niguel-based *Fuel50 <http://www.fuel50.com>*, which operates an artificial intelligence (AI) powered marketplace for talent, has raised $15.5M in a Series B funding, the company said Thursday. Fuel50 says it has now raised a total of $28.2M. The funding was led by PeakSpace Capital and Shearwater Capital. The company said the new funds will go towards increasing its presence across the S, EMEA, and Australasia. Anne Fulton is Co-Founder and CEO of Fuel50.(More... <https://www.socaltech.com/fullstory/0081130.html>) *G Labs Rolls Out All In One Video Conferencing Device* <https://www.socaltech.com/fullstory/0081129.html> Looking to easily get yourself or family online on Zoom, Google Meet, Facebook, or other video conferencing systems? G Labs, has rolled out a new, user-friendly product which provides everything needed to connect a TV with a host of popular video conferencing services. G Labs says that its G Labs Box, which costs $99, is a new device to have video conference meetings on any TV, and is pre-installed with Zoom, Google Meet, Facebook Messenger, Skype, Whatsapp, Microsoft Teams, and Alfred Camera. (More... <https://www.socaltech.com/fullstory/0081129.html>) *Can You Pay Your Rent With Bitcoin? Yes, For Caruso Tenants* <https://www.socaltech.com/fullstory/0081126.html> Los Angeles-based real estate developer Caruso says that it is now allowing its tenants to pay rent--both residential and retail properties--in Bitcoin, in a partnership with a company run by Cameron and Tyler Winklevoss. According to Caruso--whose develops include The Grove and The Americana at Brand--it will allow its tenants to pay rent in Bitcoin, subject to applicable laws. (More... <https://www.socaltech.com/fullstory/0081126.html>) *Tesla Plans World's Largest Supercharger Station At Harris Ranch* <https://www.socaltech.com/fullstory/0081128.html> Travelers between Southern and Northern California driving Tesla electric vehicles will soon have another reason to stop at Harris Ranch Inn and Restaurant, besides the steaks, after Tesla Motors applied to install more than 100 Supercharger stalls at the popular I-5 stopover point. (More... <https://www.socaltech.com/fullstory/0081128.html>) *Agilon Health Sets IPO Pricing Range* <https://www.socaltech.com/fullstory/0081125.html> Long Beach-based Agilon Health, which operates a network of physicians focused on Medicare patients, has set its IPO pricing range, saying it hopes to sell 46,600,000 shares of its common stock at between $20.00 and $23.00 per share. The company's IPO could raise as much as $1.232 billion for the company. The company has applied to list on the NYSE under the symbol AGL. The IPO is being underwritten by J.P. Morgan, Goldman Sachs & Co. (More... <https://www.socaltech.com/fullstory/0081125.html>) *EVgo Picks Up Charger Installation Pace* <https://www.socaltech.com/fullstory/0081127.html> Los Angeles-based EVgo, which operates a public network of electric vehicle (EV) fast charging stations, says it is increasing the pace of its installations. According to the company, it just installed 10 new EV fast charging stations in the last 10 days, across new locations in California, Florida, Maryland, Pennsylvania, Virginia, Washington and the District of Columbia. The company said those 10 stations represent 38 fast charging stalls. (More... <https://www.socaltech.com/fullstory/0081127.html>) *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 *Network Thinking Solutions - DevOps and Managed Services <http://www.networkthinking.com>* Network Thinking Solutions provides DevOps and Managed Services for Los Angeles, Ventura and Santa Barbara counties. NTS helps development teams implement, manage and monitor CI/CD, Load Balancing, Docker and Auto Scaling technologies. NTS also provides Desktop Managed Services for your business team which includes antivirus, threat protection, ransomware detection, and inventory management. Please reach us at [email protected] to start a conversation. *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $29 billion in assets and 70 full-service branches primarily located in California, with one in Durham, NC and another in Denver, CO. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses and their 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 Britt Nelson 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. *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 <#funding>* 4/07/21 MarketSpark <https://www.socaltech.com/intelligence/?action=showdeal&id=102516> San Diego $7.00 M 3/16/21 Flowspace <https://www.socaltech.com/intelligence/?action=showdeal&id=102312> Los Angeles $31.00 M 3/16/21 Pledge <https://www.socaltech.com/intelligence/?action=showdeal&id=102379> Venice $3.00 M 3/11/21 Cheese <https://www.socaltech.com/intelligence/?action=showdeal&id=102234> Pasadena $3.60 M 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 Vesica <https://www.socaltech.com/intelligence/?action=showdeal&id=101380> Los Angeles $2.10 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 13, Santa Monica -- *Preccelerator U: Startup Guide to Financial Modeling w/ Mark Wald* Preccelerato® U: Startup Guide to Financial Modeling w/ Mark Wald. Raising money? Investors want to maximize their return and minimize their risk, so you need to demonstrate to investors that you understand business and your business model, that you know how to make money, and that you can be trusted. Learn how to build and understand your financial model so you can demonstrate credibility by presenting it to investors and win their confidence in you. Featuring: Mark Wald, Managing Director, Supporting Strategies - Santa Monica. See http://www.socaltech.com/calendar/eventid/26710 ------------------------------ *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. 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