*socaltech.com <http://socaltech.com> TechNews - Friday, June 18, 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 * - Former Avast CEO Steckler Dies Unexpectedly In Irvine <#0081401> - Yardi Donates $1.3M To Hospitals In India <#0081399> - In-Charge Energy Rolls Out Commercial EV Charging System <#0081400> - EVCS Signs LA Fitness On EV Fast Charger Deployment, Seeks Funding <#0081402> - Snapchat Drops Speed Filter <#0081398> - Canoo Plans EV Factory in Oklahoma <#0081397> - Alliance For SoCal Innovation Aims To Connect Startups, Venture Capital <#0081396> - Hydrosat Scores $5M <#0081395> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - KPMG: Apply to be recognized as a top tech innovator in the U.S. <#ad775> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Friday, June 18, 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 *Former Avast CEO Steckler Dies Unexpectedly In Irvine* <https://www.socaltech.com/fullstory/0081401.html> Vince Steckler, the former CEO of cybersecurity software developer Avast, has unexpectedly died in a car accident in Irvine, according to the software developer. According to Avast, Steckler passed away in a tragic car accident in Irvine, California, on June 15, 2021, at the age of 62. Steckler was active in the Orange County community, having recently donated $10. (More... <https://www.socaltech.com/fullstory/0081401.html>) *Yardi Donates $1.3M To Hospitals In India* <https://www.socaltech.com/fullstory/0081399.html> According to Santa Barbara-based Yardi, it is donating $1.3M to hospitals in India, to help them in their battle against the ongoing pandemic. India--which officially has more than 380,000 deaths from COVID-19, with actual deaths potentially several times that--has suffered acute supply shortages in recent months as cases surged in the country. According to Yardi, it has 1700 employees in Pune, India, with many staff personally impacted by the COVID-19 surge in that country. (More... <https://www.socaltech.com/fullstory/0081399.html>) *In-Charge Energy Rolls Out Commercial EV Charging System* <https://www.socaltech.com/fullstory/0081400.html> Santa Monica-based In-Charge Energy said on Thursday that it has introduced a set of new hardware products for commercial, electric vehicle (EV) charging. According to the company, its In-Charge Energy DC Wall Box Pedestal works with 24kW ABB Terra DC chargers, and offers up a solution for fleet applications where walal mounting is not practical. (More... <https://www.socaltech.com/fullstory/0081400.html>) *EVCS Signs LA Fitness On EV Fast Charger Deployment, Seeks Funding* <https://www.socaltech.com/fullstory/0081402.html> Arcadia-based EVCS, an operator of an electric vehicle (EV) fast charging network, says it has signed a deal with Fitness International, LLC, the owner of LA Fitness, to install EV fast chargers at a number of its fitness centers. Financial details of the deal were not announced, and EVCS did not say how many fitness centers it will be installing its fast chargers at. The deal includes both LA Fitness and Esporta Fitness centers, and includes a revenue sharing deal on charging. (More... <https://www.socaltech.com/fullstory/0081402.html>) *Snapchat Drops Speed Filter* <https://www.socaltech.com/fullstory/0081398.html> Venice-based Snap, the parent company of Snapchat, has pulled a controversial filter, which had been accused of encouraging reckless driving. The "speed filter" had allowed users to capture how fast they were moving. The company has faced a number of lawsuits from families of users who had been injured or killed in car crashes, claiming the filter had resulted in those accidents. (More... <https://www.socaltech.com/fullstory/0081398.html>) *Canoo Plans EV Factory in Oklahoma* <https://www.socaltech.com/fullstory/0081397.html> Los Angeles-based *Canoo <http://www.canoo.com>*, which is developing electric vehicles, says it plans to build a factory in Oklahoma. The company says it expects to employ up to 2000 workers at the location. The plans were disclosed in a presentation to investors by Canoo CEO Tony Aquila. Canoo--which has yet to deliver any vehicles--recently went public via a merger with a special purpose acquisition company (SPAC). The company said the factory is expected to open in 2023.(More... <https://www.socaltech.com/fullstory/0081397.html>) *Alliance For SoCal Innovation Aims To Connect Startups, Venture Capital* <https://www.socaltech.com/fullstory/0081396.html> The Alliance for Southern California Innovation said on Thursday that it is launching a new program, the SoCal Venture Pipeline. According to the company, the new program will provide companies that have demonstrated clear market traction and provides targeted introductions to venture funds. The program is being funded by Silicon Valley Bank, with additional program support from Wilson Sonsini Goodrich & Rosati and KPPB, LP. (More... <https://www.socaltech.com/fullstory/0081396.html>) *Hydrosat Scores $5M* <https://www.socaltech.com/fullstory/0081395.html> Hydrosat, a space startup which got its start out of the Techstars Starburst Space Accelerator in Los Angeles, has raised $5M in a funding round, the company disclosed this morning. The funding was led by Cultivation Capital's Geospatial Technologies Fund, and also included Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, Synovia Capital, and the University of Michigan. (More... <https://www.socaltech.com/fullstory/0081395.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]. *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. *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. ------------------------------ *Recent Funding <#funding>* 6/16/21 RayzeBio, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102909> San Diego $108.00 M 6/14/21 EcoATM <https://www.socaltech.com/intelligence/?action=showdeal&id=102908> San Diego $75.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html June 23, Los Angeles -- *Viterbi Startup Garage: Oceanside Chat: CleantViterbi Startup Garage: Oceanside Chat: Cleantech 2.0ech 2.0* Viterbi Startup Garage: Oceanside Chat: Cleantech 2.0: What Every Entrepreneur Needs To Know. Who: Aaron Fyke (Founder & Managing Partner of Thin Line Capital). What: Energy/Sustainability, Greentech, Cleantech, Climatetech - these are all names attempting to group together the multi-trillion dollar opportunities that deal with our energy system, our built infrastructure, and our global economy, as it moves to a low-carbon and more sustainable future. The opportunities in this industry are bigger than any other industry, but the challenges of getting new technologies to market have been many. Join Aaron Fyke, Founder and Managing Partner of Thin Line Capital, and 6x serial entrepreneur, as he discusses what about this industry is attractive, and what every entrepreneur in this space needs to focus on to be able to gain customers, attract investment, and ultimately succeed. See http://www.socaltech.com/calendar/eventid/26721 ------------------------------ *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. 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