*socaltech.com <http://socaltech.com> TechNews - Wednesday, April 14, 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 * - Slingshot Aerospace Selected By U.S. Air Force For $1.2M Contract <#0081150> - BLAZE Snags $8M For Cannabis Software <#0081148> - Lytx Sees Record Revenues <#0081147> - Belkin International Aims At Carbon Neutrality By 2025 <#0081146> - Clearlake-backed Constant Contact Names New CEO, CFO <#0081149> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - 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> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Wednesday, April 14, 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. *Slingshot Aerospace Selected By U.S. Air Force For $1.2M Contract* <https://www.socaltech.com/fullstory/0081150.html> El Segundo, California- and Austin, Texas-based Slingshot Aerospace said on Tuesday that it has scored a contract from the U.S. Air Force, to develop a "next generation" tool for the military to streamline visualization of enemy missiles. According to Slingshot Aerospace, the $1.2M contract came in partnership with Culver City, CA-based Zoic Labs, a software and advanced visualization company, which is related to visual effects company Zoic Studios. (More... <https://www.socaltech.com/fullstory/0081150.html>) *BLAZE Snags $8M For Cannabis Software* <https://www.socaltech.com/fullstory/0081148.html> Los Angeles-based BLAZE, a developer of enterprise resource planning and point-of-sale software for the legal cannabis market, recently raised $8M in a funding round, according to the company. The funding was led by Delta Emerald Ventures with participation from returning investor Act One Ventures and new investor SOJE Capital. According to the company, the new funding will go to expand, scale and build out its product, sales and marketing efforts. (More... <https://www.socaltech.com/fullstory/0081148.html>) *Lytx Sees Record Revenues* <https://www.socaltech.com/fullstory/0081147.html> San Diego-based driver safety and monitoring equipment maker Lytx says it has set its all time record revenue in 2020, as a result of a 63% increase in new customers. According to the company, it secured more than 100,000 new and upgraded subscriptions. The company did not say what drove the increased adoption of its service in 2020, but the company received a big investment from private equity investor Permira earlier in the year. ( More... <https://www.socaltech.com/fullstory/0081147.html>) *Belkin International Aims At Carbon Neutrality By 2025* <https://www.socaltech.com/fullstory/0081146.html> Los Angeles-based consumer electronics giant Belkin International says it is now aiming to be 100 percent carbon neutral by 2025. The company said it made the commitment to align its corporate goals with the United Nations' 17 Sustainable Development Goals – climate action, responsible consumption and production, and peace, justice and strong institutions. (More... <https://www.socaltech.com/fullstory/0081146.html>) *Clearlake-backed Constant Contact Names New CEO, CFO* <https://www.socaltech.com/fullstory/0081149.html> Email marketing software developer Constant Contact, which is backed by Santa Monica-based private equity investor Clearlake Capital, has named a new CEO and CFO this morning. According to Constant Contact, Clearlake Capital, and Siris Capital Group, Frank Vella has been named CEO, and Michael Pellegrino has been named as CFO of Constant Contact. (More... <https://www.socaltech.com/fullstory/0081149.html>) *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]. *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]. *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. ------------------------------ *Recent Funding <#funding>* 4/13/21 Tagger Media <https://www.socaltech.com/intelligence/?action=showdeal&id=102521> Los Angeles $8.50 M 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 ------------------------------ *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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