*socaltech.com <http://socaltech.com> TechNews - Tuesday, June 1, 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 * - Amazon's New Sidewalk Shares Your Internet With Neighbors <#0081323> - Red 6 Lands $30M In Series A Funding <#0081325> - Impervious.ai Finds Funding <#0081324> - Dogdrop Eyes New Dog Daycare Customers As Economy Opens Back Up <#0081327> - Mirati Therapeutics Gets $65M In Deal With China's Zai Lab <#0081326> - Mobilitie Up For Bid <#0081322> *Marketplace* - 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> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> *Tuesday, June 1, 2021* *KPMG: Apply to be recognized as a top tech innovator in the U.S. <https://marketing.kpmg.co.uk/gti-application-US/form/>* We recognize that innovative technology companies in the U.S.are introducing tech breakthroughs that are transforming businesses and disrupting entire industries. It’s why we’re so excited to be introducing the first ever KPMG Private Enterprise Tech Innovator competition in the U.S. to recognize the fastest-growing tech innovators across the country. We want to hear about businesses who are changing the technology landscape and shaking up the industry. We want to know about their ambitious growth plans and their vision for the future. Whether it’s a pure technology company – or tech-enabled, tech-led or tech-driven – we want to know about them! Applicants will receive opportunity to expand their network of peers and build new business connections through KPMG’s extensive global organization of business professionals. Become known on the world stage if they win the U.S. competition and progress to the Global Tech Innovator final hosted at the Lisbon Web Summit 2021 in November. There, the winner from the U.S. will compete with the winners from 15 other countries in most major regions of the world to be chosen as the Global Tech Innovator 2021 winner. If you know a business that has what it takes to be the first KPMG Private Enterprise Tech Innovator in the U.S. – encourage them to submit an application now. https://marketing.kpmg.co.uk/gti-application-US/form/ *Amazon's New Sidewalk Shares Your Internet With Neighbors* <https://www.socaltech.com/fullstory/0081323.html> A new effort by Amazon to extend the reach of the cameras, lights, motion sensors, and other devices created by Santa Monica-based Ring will share a portion of your Internet with neighbors, according to Amazon. Amazon said its new service, Amazon Sidewalk, is a shared network to help devices like Amazon Echo devices, Ring Security Cams, outdoor lights, motion sensors, and Tile trackers work better. (More... <https://www.socaltech.com/fullstory/0081323.html>) *Red 6 Lands $30M In Series A Funding* <https://www.socaltech.com/fullstory/0081325.html> Santa Monica-based Red 6, which is developing augmented reality (AR) technology used to provide air combat training, said today that it has raised $30M in its Series A funding round. The company said the funding gives it a $130M post-cap valuation. The funding was led by Snowpoint Ventures, an existing investor in Red 6. According to Red 6, Snowpoint contributed $25M of the round, with an additional $5M from other investors. Red 6 is led by founder and CEO Daniel Robinson. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=102828> )(More... <https://www.socaltech.com/fullstory/0081325.html>) *Impervious.ai Finds Funding* <https://www.socaltech.com/fullstory/0081324.html> Los Angeles-based Impervios Technologies, a developer of a software layer built on Bitcoin to enable "cryptographically secure, streaming, and censorship-resistant applications", said on Friday that it has raised a pre-seed financing. Size of the funding was not announced. The round was led by Trammell Venture partners, and also included Strategic Cyber Ventures, Ten-31, Deflation.vc, and Mike Doniger, Former Director of Research at Citadel Fundamental Strategies. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=102827> )(More... <https://www.socaltech.com/fullstory/0081324.html>) *Dogdrop Eyes New Dog Daycare Customers As Economy Opens Back Up* <https://www.socaltech.com/fullstory/0081327.html> A new, Los Angeles-based dog care startup, Dogdrop, says it has started offering up one free week of doggy daycare services to new customers, as the economy begins to open up and people start going back to work. According to Dogdrop, it is looking to decrease the rate of dogs being returned to shelters by offering up reliable, affordable daycare services for dogs. The company's CEO and co-founder is Shaina Denny. (More... <https://www.socaltech.com/fullstory/0081327.html>) *Mirati Therapeutics Gets $65M In Deal With China's Zai Lab* <https://www.socaltech.com/fullstory/0081326.html> San Diego-based oncology therapeutics developer Mirati Therapeutics said this morning that it has received $65M in an upfront payment, as part of a deal with Chinese company Zai Lab. According to the to companies,t he two have entered into a collaboration to develop and commercialize Mirati's Adagrasib in Greater China. Mirati will receive $65M upfront, with up to approximately $273M in potential milestone payments and royalties. Charles M. Baum, M.D., Ph.D. (More... <https://www.socaltech.com/fullstory/0081326.html>) *Mobilitie Up For Bid* <https://www.socaltech.com/fullstory/0081322.html> Newport Beach-based wireless infrastructure provider Mobilitie appears to be up for bid, and is nearing a deal to be acquired for more than $1.3 billion by the Canadian Pension Plan Investment Board (CPPIB), according to Bloomberg. Bloomberg cited "people with knowledge of the matter" for the information. No other details of the private equity deal were detailed, however, apparently CPPIB outbid a number of private equity firms also looking at the deal. (More... <https://www.socaltech.com/fullstory/0081322.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 *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. *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 *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>* 6/01/21 Impervious.ai <https://www.socaltech.com/intelligence/?action=showdeal&id=102827> Los Angeles $0.00 M 6/01/21 Red 6 <https://www.socaltech.com/intelligence/?action=showdeal&id=102828> Santa Monica $30.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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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