*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 5, 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 * - TrueCar Links With Roadster <#0081225> - Targus Acquires Sanho <#0081222> - Fralock Holdings Acquires Ceramic Tech <#0081223> - Electrify America Plans $25M EV Charging Investment In Long Beach <#0081224> - Dodgers' Investment Arm Backs Oura In $100M Fundraising <#0081221> - Genies Finds $65M For NFT Avatars <#0081220> - Bright Takes On Live, Celebrity Driven Video Chat <#0081219> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Accelerating Growth For Early Stage Innovation. <#ad764> - Stradling <#ad608> *Wednesday, May 5, 2021* *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 *TrueCar Links With Roadster* <https://www.socaltech.com/fullstory/0081225.html> Santa Monica-based ,a href="http://www.truecar.com";>TrueCar, the online car buying marketplace, said late Tuesday that it has launched a pilot program with Roadster, a digital sales software provider which helps dealers sell automobiles to consumers. According to TrueCar, consumers using TrueCar will be able to finalize their car buying deals digital directly, through an integration into Roadster's back-end software. (More... <https://www.socaltech.com/fullstory/0081225.html>) *Targus Acquires Sanho* <https://www.socaltech.com/fullstory/0081222.html> Anaheim-based laptop and technology accessory maker Targus has acquired Sanho, the maker of the Hyper brand of IT and mobile accessories, the company said on Tuesday. Financial details of the acquisition were not announced. according to Targus, the acquisition will help it diversify its accessory portfolio geared towards Apple and PC consumers. Sanho's products are mostly aimed at the Apple market. (More... <https://www.socaltech.com/fullstory/0081222.html>) *Fralock Holdings Acquires Ceramic Tech* <https://www.socaltech.com/fullstory/0081223.html> Valencia, California-based Fralock Holdings, a developer of ceramics and other materials, said it has acquired Ceramic Tech Incorporated, a provider of ceramics, specialized formulations, pre-fired machining, sintering, pressing and grinding for OEMS. Financial details of the buy were not annoucned. Fralock Holdings is owned by private equity investor Arsenal Capital. (More... <https://www.socaltech.com/fullstory/0081223.html>) *Electrify America Plans $25M EV Charging Investment In Long Beach* <https://www.socaltech.com/fullstory/0081224.html> Electrify America, an electric vehicle (EV) charging infrastructure developer, says it plans to invest $25M in the Long Beach-Wilmington community, part of a larger $200M investment in California for zero emissions vehicles. According to Electrify America, it will support a "Green City" program in the City of Long Beach and Wilmington for a "Green City" program focused on charging stations for electric transit buses and medium / heavy-duty trucks. (More... <https://www.socaltech.com/fullstory/0081224.html>) *Dodgers' Investment Arm Backs Oura In $100M Fundraising* <https://www.socaltech.com/fullstory/0081221.html> Elysian Park, the investment arm of the Los Angeles Dodgers, is one of the lead investors in fitness ring maker Oura, Oura said on Tuesday. According to Oura, it raised $100M in its Series C funding round, which was led by The Chernin Group and Elysian Park, and also included Temasek, JAZZ Venture Partners and Eisai, Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures. (More... <https://www.socaltech.com/fullstory/0081221.html>) *Genies Finds $65M For NFT Avatars* <https://www.socaltech.com/fullstory/0081220.html> Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week. The funding was led by Bond Capital, and also included NEA, Breyer Capital, Tull Investment Group, NetEase, Dapper Labs and Coinbase Ventures. Genies' website lets you create avatars, and adorn them with characteristics, accessories, and features driven by celebrity NFTS. (More... <https://www.socaltech.com/fullstory/0081220.html>) *Bright Takes On Live, Celebrity Driven Video Chat* <https://www.socaltech.com/fullstory/0081219.html> A new, Los Angeles-based video chat platform--backed by talent-mogul-and-tech-investor Guy Oseary, and with such celebrity partners as Madonna, Shawn Mendes, D'Amelio Sisters, Judd Apatow and others--says it has launched a new service to let people learn from their favorite creators, icons and experts. (More... <https://www.socaltech.com/fullstory/0081219.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]. *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 *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. ------------------------------ *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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