*socaltech.com <http://socaltech.com> TechNews - Monday, June 28, 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 * - Ankona Capital Raises $66M For New Venture Capital Fund <#0081430> - Zevia Files For IPO <#0081428> - Second Sight Medical Raises $57.5M In Secondary Offering <#0081429> - Revolution Prep Gets Growth Funding From Apax <#0081427> - Tripp Flies High With $11M In Series A Funding <#0081426> - Maury Microwave Acquired By Private Equity Investor <#0081423> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - 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> - Accelerating Growth For Early Stage Innovation. <#ad764> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> *Monday, June 28, 2021* *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]. *Ankona Capital Raises $66M For New Venture Capital Fund* <https://www.socaltech.com/fullstory/0081430.html> Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. The company says it invests between $5M to $10M in early, growth-stage B2B software companies which are already generating $5M to $15M in recurring revenues. Ankona says its portfolio companies already include several companies, including Canopy, Cordial, GoSite, SOCi, VideoAmp, and Zingle. (More... <https://www.socaltech.com/fullstory/0081430.html>) *Zevia Files For IPO* <https://www.socaltech.com/fullstory/0081428.html> Los Angeles-based Zevia, the developer of artificial sweeteners, filed for an IPO last week, saying that it plans to have an IPO on the New York Stock Exchange as ZVIA. The company plans to raise up to $100M in its IPO, according to the company's S-1 filing. The IPO is being underwritten by Goldman Sachs & Co. LLC, BofA Securities and Morgan Stanley, along with Stephens Inc., BMO Capital Markets and Wells Fargo Securities. (More... <https://www.socaltech.com/fullstory/0081428.html>) *Second Sight Medical Raises $57.5M In Secondary Offering* <https://www.socaltech.com/fullstory/0081429.html> Los Angeles-based biomedical products developer *Second Sight Medical Products <http://www.secondsight.com>* says it raised $57.5M in a public offering of 11,500,000 shares of its common stock. The publicly traded company, which trades on the NASDAQ as EYES, is developing implantable visual prosthetics that are intended to create an artificial form of useful vision for blind individuals.(More... <https://www.socaltech.com/fullstory/0081429.html>) *Revolution Prep Gets Growth Funding From Apax* <https://www.socaltech.com/fullstory/0081427.html> Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. Size of the funding was not announced. According to Apax Digital, the new funding will go to expand Revolution Prep's offering and to increase access to its online tutoring services. The companies said that Revolution Prep has been in the business for over 20 years, and has served more than 1 million families. (More... <https://www.socaltech.com/fullstory/0081427.html>) *Tripp Flies High With $11M In Series A Funding* <https://www.socaltech.com/fullstory/0081426.html> Los Angeles-based Tripp, a startup developing virtual reality applications which mimic the experience of psychedelic drugs, has raised $11M in a Series A funding round, the company said this week. The funding was led by Vine Ventures and Mayfield. The company's VR apps are an attempt to creat the visual and audio experience of a psychedelic trip, without the use of hallucinogens. The company is led by CEO Nanea Reeves. The company says it has now raised around $15M in total funding. (More... <https://www.socaltech.com/fullstory/0081426.html>) *Maury Microwave Acquired By Private Equity Investor* <https://www.socaltech.com/fullstory/0081423.html> Ontario, California-based Maury Microwave, a developer of RF calibration, measurement, and modeling products, said on Thursday that it has been acquired by private equity investor Artemis Capital Partners. Financial terms of the acquisition were not announced. Maury microwave was founded in 1957, with customers in the telcommunications, semiconductor, aerospace, defense, instrumentation, and research industries. (More... <https://www.socaltech.com/fullstory/0081423.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 *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. *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 *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 ------------------------------ *Recent Funding <#funding>* 6/24/21 GOAT <https://www.socaltech.com/intelligence/?action=showdeal&id=102952> Los Angeles $195.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html June 29, Long Beach -- *Long Beach Small Business Online Networking Event* Long Beach Small Business Online Networking Event. The Long Beach SBDC is hosting a virtual networking event on Tues. 29/6/2021 at 4:30pm PDT for business owners interested in exchanging ideas. See http://www.socaltech.com/calendar/eventid/26727 July 21, Los Angeles -- *DigiMarCon America 2021 - Digital Marketing, Media and Advertising Conference* DigiMarCon America 2021 - Digital Marketing, Media and Advertising Conference. DigiMarCon America 2021 is your chance to ... – 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. See http://www.socaltech.com/calendar/eventid/26723 ------------------------------ *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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