*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 25, 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 * - ChowNow Names CTO <#0081305> - SiLC Technologies Sees $17M <#0081304> - Docbot Raises $4M For AI Diagnosis Tools <#0081303> - Invoca Acquires DialogTech <#0081302> - ProducePay Picks Up $43M In Series C <#0081301> - Robotaxi Company Pony.ai Gets Permits To Test Vehicles In Irvine <#0081300> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Tuesday, May 25, 2021* *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]. *ChowNow Names CTO* <https://www.socaltech.com/fullstory/0081305.html> Los Angeles-based restaurant ordering systems developer Chownow says it has named a new Chief Technology Officer. According to the company, Bharath Chinamanthur has joined the company as CTO from Blink Health, where he was EVP of Product, Engineering, and Operations. Chinamanthur also previously served at Charles Schwab as an SVP, and also served at Amazon. As part of his role, Chinamanthur said he plans to grow ChowNow's team. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=33521>)( More... <https://www.socaltech.com/fullstory/0081305.html>) *SiLC Technologies Sees $17M* <https://www.socaltech.com/fullstory/0081304.html> Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit – OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=63601>)( More... <https://www.socaltech.com/fullstory/0081304.html>) *Docbot Raises $4M For AI Diagnosis Tools* <https://www.socaltech.com/fullstory/0081303.html> Irvine-based Docbot, a startup developing artificial intelligenec tools for diagnosing gastrointestinal (GI) disease, has raised $4M in a Series A funding round, according to the company. The funding was led by Khosla Ventures, and also included Bold Capital Partners, Collaborative Fund and Boutique Venture Partners. The company says it now raised a total of $8.5M. As part of the funding, the company says it has appointed Andrew J. Ritter as CEO of the company. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=63767>)( More... <https://www.socaltech.com/fullstory/0081303.html>) *Invoca Acquires DialogTech* <https://www.socaltech.com/fullstory/0081302.html> Santa Barbara-based Invoca, which provides software for call and sales tracking, said on Monday that it has acquired DialogTech, a developer of an artificial intelligence (AI)-powered call tracking and analytics product. Financial details of the acquisition were not announced. Invoca said the combined company will have more than 300 employees and 2,000 customers. DialogTech is based in Chicago. Invoca said the acquisition puts it on track to exceed $100M in revenues this year. (More... <https://www.socaltech.com/fullstory/0081302.html>) *ProducePay Picks Up $43M In Series C* <https://www.socaltech.com/fullstory/0081301.html> Los Angeles-based ProducePay, a fintech startup which offers up pricing information, analytics, and a marketplace connecting produce growers and distributors, has raised $43M in its Series C funding. The funding was led by G2VP, with co-lead IFC (International Finance Corp.) and IDB Invest (Inter-American Development Bank Group), and also included Anterra Capital, Coventure and new investors Astanor Ventures, IGNIA, and Finistere. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=46738>)( More... <https://www.socaltech.com/fullstory/0081301.html>) *Robotaxi Company Pony.ai Gets Permits To Test Vehicles In Irvine* <https://www.socaltech.com/fullstory/0081300.html> Pony.ai, a Chinese company developing driverless "robo-taxi" vehicles, has gained permission from the California Department of Motor Vehicles (DMV) to test its vehicles on public roads in Irvine, along with Fremont and Milpitas. According to the DMV, the permit will allow the company to test six autonomous vehicles without a driver behind the wheel on specified streets within Fremont (Alameda County), Milpitas (Santa Clara County) and Irvine (Orange County). (More... <https://www.socaltech.com/fullstory/0081300.html>) *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 *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. *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 *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 *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 ------------------------------ *Recent Funding <#funding>* 5/25/21 Docbot <https://www.socaltech.com/intelligence/?action=showdeal&id=102764> Irvine $4.00 M 5/24/21 ProducePay <https://www.socaltech.com/intelligence/?action=showdeal&id=102762> Los Angeles $43.00 M 5/20/21 Sunbit, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102761> Los Angeles $130.00 M 5/19/21 National Resilience, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102760> La Jolla $164.00 M 5/12/21 Qsic <https://www.socaltech.com/intelligence/?action=showdeal&id=102719> Aliso Viejo $3.10 M 5/06/21 EngineEars <https://www.socaltech.com/intelligence/?action=showdeal&id=102718> Los Angeles $1.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html May 25, Los Angeles -- *LA BEST - LA Bioscience Ecosystem Summit 2021* LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies. It is intended to promote awareness of the growing life science entrepreneurial ecosystem in Los Angeles and to foster partnerships with the biotechnology and life science industry. The conference is entirely virtual this year. Throughout the summit, faculty members present the latest scientific breakthroughs, which will lead to the critical therapies of tomorrow. Leading bioscience translational research programs and start-ups will be showcased where Southern California Institutions have significant expertise, pioneering research and resource commitments directed towards developing innovative patient therapies. See http://www.socaltech.com/calendar/eventid/26715 May 26, Los Angeles -- *LA BEST - LA Bioscience Ecosystem Summit 2021* LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies. It is intended to promote awareness of the growing life science entrepreneurial ecosystem in Los Angeles and to foster partnerships with the biotechnology and life science industry. The conference is entirely virtual this year. Throughout the summit, faculty members present the latest scientific breakthroughs, which will lead to the critical therapies of tomorrow. Leading bioscience translational research programs and start-ups will be showcased where Southern California Institutions have significant expertise, pioneering research and resource commitments directed towards developing innovative patient therapies. See http://www.socaltech.com/calendar/eventid/26716 May 27, Los Angeles -- *LA BEST - LA Bioscience Ecosystem Summit 2021* LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies. It is intended to promote awareness of the growing life science entrepreneurial ecosystem in Los Angeles and to foster partnerships with the biotechnology and life science industry. The conference is entirely virtual this year. Throughout the summit, faculty members present the latest scientific breakthroughs, which will lead to the critical therapies of tomorrow. Leading bioscience translational research programs and start-ups will be showcased where Southern California Institutions have significant expertise, pioneering research and resource commitments directed towards developing innovative patient therapies. See http://www.socaltech.com/calendar/eventid/26717 June 16, Los Angeles -- *DigiMarCon West 2021 - Digital Marketing, Media and Advertising Conference & Exhibition* DigiMarCon West 2021 - Digital Marketing, Media and Advertising Conference & Exhibition. DigiMarCon West 2021 is your chance to ... – Experience a safe and intimate gathering with marketing leaders and professionals in a clean and hygienic environment. – Hear from some of the most audacious and thought provoking speakers in the digital marketing, media and advertising industry. – Gain insight into emerging strategies, the latest innovative technologies, and best practices to move your business to the next level. – Network with thought leaders, collaborate with your peers and build your professional network. The 7th annual DigiMarCon West, the Premier Digital Marketing, Media and Advertising Conference & Exhibition in the Western United States returns June 16th to 17th, 2021 at the luxurious Loews Santa Monica Beach Hotel in Los Angeles, California. Join your peers in-person or online for 2-days jam packed with digital marketing best practices, latest trends, practical solutions, strategy and networking, also check out the next generation of technology & innovation; Internet, Mobile, AdTech, MarTech & SaaS Technology. Immerse yourself in topics like digital strategy, programmatic advertising, web experience management, usability / design, mobile marketing & retargeting, customer engagement, user acquisition, social media marketing, targeting & optimization, video marketing, data science & big data, web analytics & A/B testing, email marketing, content marketing, conversion rate optimization, search engine optimization, paid search marketing, geo-targeting, predictive analysis & attribution, growth hacking, conversion rate optimization, growth marketing tools, marketing & sales automation, sustainable growth strategies, product marketing & UX / UI and much, much more! At DigiMarCon West 2021, you will receive all the elements you need to achieve digital marketing success! Conventional thought will be challenged, new ways of thinking will emerge, and you will leave with your head, notebooks and professional toolkit full of action items and ideas to lead and supercharge your agency / team / account to even greater success. Be a part of DigiMarCon West 2021 and discover how to thrive and succeed as a marketer in a rapidly evolving digital world. Top keynotes, case studies, strategy sessions, networking and more in a safe and hygienic environment!. See http://www.socaltech.com/calendar/eventid/26691 ------------------------------ *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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