*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 4, 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 * - Kajabi Collects Massive $550M Round <#0081216> - Miso Robotics Rolls Out New AI Software For Grill Tracking <#0081215> - Bitvore Sets New CEO <#0081218> - Accel Robotics Debuts Automated Market in San Diego <#0081217> - Craft Ventures Backs Avenue 8 In $14M Funding <#0081214> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - UK Government's Department for International Trade (DIT) <#ad756> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, May 4, 2021* *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 *Kajabi Collects Massive $550M Round* <https://www.socaltech.com/fullstory/0081216.html> Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity. The investment round firmly vaunts the company into unicorn territory. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=102664> )(More... <https://www.socaltech.com/fullstory/0081216.html>) *Miso Robotics Rolls Out New AI Software For Grill Tracking* <https://www.socaltech.com/fullstory/0081215.html> Pasadena-based robotics developer Miso Robotics rolled out a new product this morning, a new, artificial intelligence-driven product called CookRight. According to Miso Robotics, the new product runs independently of its "Flippy" robot, and can be used to help cooks in the restaurant track what's going on a restaurant's grill. (More... <https://www.socaltech.com/fullstory/0081215.html>) *Bitvore Sets New CEO* <https://www.socaltech.com/fullstory/0081218.html> Irvine-based Bitvore, which develops artificial intelligence software for financial institutions, says it has named Elizabeth Pritchard as its Chief Executive Officer. Pritchard was most recently providing advisory services to alternative data and data infrastructure providers through White Rock Data Solutions, and previously was Global Head of Market Data at Goldman Sachs and COO of the Global Data Science Group at AIG, and co-founded Crux Informatics. (More... <https://www.socaltech.com/fullstory/0081218.html>) *Accel Robotics Debuts Automated Market in San Diego* <https://www.socaltech.com/fullstory/0081217.html> San Diego-based artificial intelligence and computer vision startup Accel Robotics says it has launched a new, automated 1,500 square foot market in San Diego. According to the company, its new retail space is within Brookfield's luxury high-rise community, Vantage Point, in San Diego's East Village. The market features produce, baked goods, dairy, and convenience items. (More... <https://www.socaltech.com/fullstory/0081217.html>) *Craft Ventures Backs Avenue 8 In $14M Funding* <https://www.socaltech.com/fullstory/0081214.html> Craft Ventures, a venture capital firm which has offices in Los Angeles, has co-led a $14M, funding round in real estate startup Avenue 8, Avenue 8 said on Monday. The $14M funding round was co-led by Threshold Ventures and Craft Ventures. Avenue 8 is developing what it calls a "mobile-first" residential real eate brokerage, which currently represents upscale properties in San Francisco and Southern California. (More... <https://www.socaltech.com/fullstory/0081214.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]. *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 *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>* 5/04/21 Kajabi <https://www.socaltech.com/intelligence/?action=showdeal&id=102664> Irvine $550.00 M 4/27/21 Guesty <https://www.socaltech.com/intelligence/?action=showdeal&id=102663> Walnut $50.00 M 4/21/21 Welcome Tech <https://www.socaltech.com/intelligence/?action=showdeal&id=102623> Los Angeles $35.00 M 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 ------------------------------ *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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