*socaltech.com <http://socaltech.com> TechNews - Thursday, April 29, 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 * - Capsida Uncloaks With $140M In Funding <#0081199> - Adcentryx Therapeutics Nabs $50M In Funding <#0081200> - CoreLogic Gets Shareholder Approval On Private Equity Acquisition <#0081201> - Oro Debuts New Ecommerce Marketplace Software <#0081202> - Viasat Gets Type Certification On Bombardier Jets <#0081203> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Stradling <#ad608> - Accelerating Growth For Early Stage Innovation. <#ad764> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> - Support Our News Coverage - Become A Member Today! <#ad680> *Thursday, April 29, 2021* *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]. *Capsida Uncloaks With $140M In Funding* <https://www.socaltech.com/fullstory/0081199.html> Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital. (More... <https://www.socaltech.com/fullstory/0081199.html>) *Adcentryx Therapeutics Nabs $50M In Funding* <https://www.socaltech.com/fullstory/0081200.html> San Diego- and Shanghai-based Adcentryx Therapeutics, a biotechnology company focused on antibody drug conjugate (ADC) therapeutic development, says it has raised $50M in its Series A funding round. The funding was led by CBC Group, and also included Zoo Capital the venture arm of Boyu Capital. Adcentryx Therapeutics was founded by CEO Dr. Hui Li. Li was previously CEO of Levena Biopharma, which was a subsidiary of San Diego's Sorrento Therapeutics. The company's other founders are Dr. (More... <https://www.socaltech.com/fullstory/0081200.html>) *CoreLogic Gets Shareholder Approval On Private Equity Acquisition* <https://www.socaltech.com/fullstory/0081201.html> Irvine-based property information provider CoreLogic said on Wednesday that its shareholders have approved the go-private, private equity acquisition of the company by Stone Point Capital and Insight Partners. The two private equity companies will pay $80.00 per share in cash for CoreLogic. The deal is worth $6 billion in total. CoreLogic said it is being advised by financial advisor Evercore in the deal, with legal advice from Skadden, Arps, Slate, Meagher & Flom LLP. (More... <https://www.socaltech.com/fullstory/0081201.html>) *Oro Debuts New Ecommerce Marketplace Software* <https://www.socaltech.com/fullstory/0081202.html> West Hollywood-based Oro, Inc., a developer of e-commerce software, says it has launched a new product, OroMarketplace. The new software is aimed at the B2B marketplace market. The company says the new software lets sellers to rapidly implement B2B, B2C, B2G, franchise network ordering, services procurement, bookings/appointments, and physical goods marketplaces. Oro says its new marketplace tool is already powering such marketplaces as SupplyCore, a supplier for U.S. (More... <https://www.socaltech.com/fullstory/0081202.html>) *Viasat Gets Type Certification On Bombardier Jets* <https://www.socaltech.com/fullstory/0081203.html> Carlsbad-based satellite communications and equipment provider Viasat said this morning that it has received Supplemental Type Certificate (STC) approval from the Federal Aviation Administration (FAA) for its Ku-band satellite products on Bombardier Challenger 600 series business jets. The certification allows the company to install its systems on Bombardier's Challenger 604, Challenger 605 and Challenger 650 jets. (More... <https://www.socaltech.com/fullstory/0081203.html>) *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 *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. *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. *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 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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! 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