*socaltech.com <http://socaltech.com> TechNews - Friday, June 11, 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 * - Janux Therapeutics Prices IPO, Hits Nasdaq Today <#0081371> - Phase Four Finds $26M For Satellite Thrusters <#0081369> - Restaurant365 Acquires Compeat <#0081370> - Former BMW, Faraday Future, Canoo Exec Heads To Apple <#0081368> - Mythical Games Lands $75M For NFT Games <#0081367> - Onchilles Pharma Finds $7M For Cancer Drugs <#0081364> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - KPMG: Apply to be recognized as a top tech innovator in the U.S. <#ad775> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> *Friday, June 11, 2021* *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. *Janux Therapeutics Prices IPO, Hits Nasdaq Today* <https://www.socaltech.com/fullstory/0081371.html> La Jolla-based biopharmaceuticals startup Janux Therapeutics said early this morning that it has priced its IPO, offering up 11,400,000 shares of its common stock at $17.00 per share. The company begins trading this morning on the Nasdaq Global market under the ticker symbol JANX. According to the company, the gross proceeds from the effort are expected to be $193.8M. Janux Therapeutics is developing T cell engager immunotherapies. ( More... <https://www.socaltech.com/fullstory/0081371.html>) *Phase Four Finds $26M For Satellite Thrusters* <https://www.socaltech.com/fullstory/0081369.html> El Segundo-based Phase Four, a space startup which is creating satellite thrusters which use radio-frequencies for propulsion, said it has raised $26M in a Series B funding round. The funding was led by New Science Ventures. Phase Four says it is developing Maxwell plasma propulsion engines, which are designed to steer satellites in space. The company says its technology has been launched on multiple, commercial small satellites. the company also said it is working with the u.S. (More... <https://www.socaltech.com/fullstory/0081369.html>) *Restaurant365 Acquires Compeat* <https://www.socaltech.com/fullstory/0081370.html> Irvine-based Restaurant365, which develops restaurant management software, has acquired Compeat, a developer of restaurant back office, workforce, and business intelligence esoftware. Financial details of the acquisition were not announced. Compeat was based in Austin, Texas. According to Compeat, the newly combined business will be led by Tony Smith, CEO of Restaurant365. (More... <https://www.socaltech.com/fullstory/0081370.html>) *Former BMW, Faraday Future, Canoo Exec Heads To Apple* <https://www.socaltech.com/fullstory/0081368.html> Ulrich Kranz, the Los Angeles area auto executive who has served at BMW, Faraday Future, and Canoo, has joined Apple to head up its automotive team, according to Bloomberg. Kranz was at BMW for 30 years, and headed up the team behind the BMW i3 electric vehicle. Kranz then became Chief Technical Officer (CTO) at Faraday Future, before it ran into financial issues, and then went on to co-found another Los Angeles EV maker, Canoo. (More... <https://www.socaltech.com/fullstory/0081368.html>) *Mythical Games Lands $75M For NFT Games* <https://www.socaltech.com/fullstory/0081367.html> Los Angeles-based Mythical Games said this week that it has raised $75M for its NFT gaming startup efforts. The startup--which says its founders are from Activision, Oculus, EA and Zynga, plus Stubhub and Charles Schwab--said the funding was led by WestCap. The round also included 01 Advisors and Gary Vaynerchuk's VaynerFund, along with Galaxy Digital, Javelin Venture Partners, Alumni Ventures, and Struck Capital. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=61391>)( More... <https://www.socaltech.com/fullstory/0081367.html>) *Onchilles Pharma Finds $7M For Cancer Drugs* <https://www.socaltech.com/fullstory/0081364.html> San Diego-based Onchilles Pharma said this morning that it has raised $7M in a Series A funding round. The funding came from LYZZ Capital, and also included $500K from the University of Chicago's Startup Investment Fund. According to the company, it is working on an anti-cancer protein released by human neutrophils that activates cell death pathways specifically in cancer cells. The company said the funding will go to advance its first drug candidate through preclinical proo-of-concept. Court R. (More... <https://www.socaltech.com/fullstory/0081364.html>) *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 *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]. *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/ *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. *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 ------------------------------ *Recent Funding <#funding>* 6/10/21 Mythical Games <https://www.socaltech.com/intelligence/?action=showdeal&id=102893> Sherman Oaks $75.00 M 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 5/27/21 iLife <https://www.socaltech.com/intelligence/?action=showdeal&id=102845> Irvine $4.00 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 ------------------------------ *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 June 16, Los Angeles -- *Viterbi Startup Garage: Oceanside Chat: Thriving in Midst of Startup Uncertainty. Christopher Yang* Viterbi Startup Garage: Oceanside Chat: Thriving in Midst of Startup Uncertainty. Christopher Yang (Active Member of Tech Coast Angels). What: Finding the right product-market fit is central to any start-up’s efforts to gain traction early on and ultimately create a sustainable business. Instead of basing the strategy purely on intuition or a leap of faith, a disciplined innovation process is necessary to thrive in environments of extreme uncertainty. Start-up risk can be reduced considerably through rigorous customer learning and validation, continuous optimization, and small-batch delivery. In a 60-minute fireside chat, Christopher Yang, vice president of engineering at Corporate Travel Management (ASX: CTD), will share his experience in leading product development at start-ups and multi-billion-dollar companies. Chris will offer advice on how to design experiments, validate strategic hypotheses and determine when to pivot and when to persevere. He will also share his insight concerning how to construct a capital-efficient company that delivers ambitious products with customer value and will gladly pay for. See http://www.socaltech.com/calendar/eventid/26720 June 17, Long Beach -- *Long Beach Economic Partnership Quarterly Forum* Long Beach Economic Partnership Quarterly Forum. Join the Long Beach Economic Partnership for Accelerate Long Beach, our quarterly economic forum, where we’re exploring the history, present and future of Long Beach’s aerospace, satellite and technology industries. We’ll hear from the Cal State University, Long Beach Office of Economic Research about Long Beach’s economic picture, and how the long history of aerospace innovation in the region means the road to Mars goes through the LBC. We’ll also hear from space and technology business leaders on how starting their business in Long Beach or relocating to the area set their company up for success in this increasingly competitive field. See http://www.socaltech.com/calendar/eventid/26718 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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