*socaltech.com <http://socaltech.com> TechNews - Friday, August 6, 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 * - Overwatch League Faces Fallout From Activision Blizzard's Harassment Issues <#0081573> - Virgin Galactic Starts Selling Seats To Space <#0081569> - J2 Global Raises Guidance, Sees Record Results <#0081571> - Fisker Eyes Increase In Spending To Between $490M and $530M This Year <#0081572> - HCAP Partners Get Exit At 83bar <#0081570> - RebateKey Claims $5.2M In Cashback Rebates In June <#0081568> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - UK Government's Department for International Trade (DIT) <#ad756> *Friday, August 6, 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 *Overwatch League Faces Fallout From Activision Blizzard's Harassment Issues* <https://www.socaltech.com/fullstory/0081573.html> In further fallout from the controversy over claims of sexual harassment at Activision Blizzard, Coca-Cola and State Farm are reportedly "revisiting" their sponsorship of the Overwatch League and Call of Duty League, Activision Blizzard's e-sports leagues. According to the Washington Post, the two sponsors are "re-evaluating their support" of the competition as a result of a lawsuit from regulators. (More... <https://www.socaltech.com/fullstory/0081573.html>) *Virgin Galactic Starts Selling Seats To Space* <https://www.socaltech.com/fullstory/0081569.html> Virgin Galactic, the space tourism company headed by Sir Richard Branson, started selling seats to space again, after successfully launching Branson and a number of others in its first fully crewed spaceflight. The company--which developed its vehicles and technology in Mojave, California--is selling seats on its spacecraft for $450,000 per flight. The company is also offering up multi-seat packages, in addition to letting customers book entire flights. (More... <https://www.socaltech.com/fullstory/0081569.html>) *J2 Global Raises Guidance, Sees Record Results* <https://www.socaltech.com/fullstory/0081571.html> Los Angeles-based J2 Global said it had record, second quarter 2021 results, and is raising its full year guidance, the company said on Thursday, as revenues in its Digital Media area surged. According to J2 Global, it saw its Q2 201 quarterly revenues increase to $429.0 million, compared to $331.0M for Q2 of 202, a 29.6 percent increase. The company's Digital Media revenues were up 54.8%, growing to $253.8M from $163.9M a year ago. (More... <https://www.socaltech.com/fullstory/0081571.html>) *Fisker Eyes Increase In Spending To Between $490M and $530M This Year* <https://www.socaltech.com/fullstory/0081572.html> Los Angeles-based electric automaker Fisker, Inc.--the latest incarnation of Fisker Automotive--says it expects to have operating expenses of between $490M and $530M this year, as it looks to deliver its first product to market. The company said the spending is due to R&D spending on prototypes for its Ocean SUV. Fisker recently hit the public markets via a special purpose acquisition company (SPAC), even as it has yet to start shipping its vehicles. (More... <https://www.socaltech.com/fullstory/0081572.html>) *HCAP Partners Get Exit At 83bar* <https://www.socaltech.com/fullstory/0081570.html> San Diego-based private equity investor HCAP Partners said this week that it has scored an exit at one of its portfolio companies, 8ebar, a provider of patient education for the clinical trial and other areas. Financial terms of the acquisition were not announced. According to HCAP Partners, HealthQuest Capital made an equity investment in 83bar to support the company's ongoing expansion. (More... <https://www.socaltech.com/fullstory/0081570.html>) *RebateKey Claims $5.2M In Cashback Rebates In June* <https://www.socaltech.com/fullstory/0081568.html> San Diego-based *RebateKey <http://www.rebatekey.com>*, an online marketplace for rebates and coupons, says it paid out $5.2 million in cashback rebates on its site in June. The company offers up an app that connects consumers with cashback rebates on a variety of products. According to the company, it currently has more than 10,000 active users. The company also says it owns Pixelfy.Me, a link tracking and analytics tools for e-commerce sellers and affiliate marketers.(More... <https://www.socaltech.com/fullstory/0081568.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. *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 ------------------------------ *Recent Funding <#funding>* 8/05/21 Aardvark Therapeutics, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103135> San Diego $29.00 M 7/28/21 inVia Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103108> Westlake Village $30.00 M 7/27/21 Replicated <https://www.socaltech.com/intelligence/?action=showdeal&id=103097> Los Angeles $50.00 M 7/26/21 SPINN <https://www.socaltech.com/intelligence/?action=showdeal&id=103096> Los Angeles $20.00 M 7/21/21 FloQast <https://www.socaltech.com/intelligence/?action=showdeal&id=103068> Los Angeles $110.00 M 7/20/21 QMerit, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103067> Irvine $0.00 M 7/16/21 NetraDyne, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103034> San Diego $150.00 M 7/14/21 Endgame <https://www.socaltech.com/intelligence/?action=showdeal&id=103033> Los Angeles $12.25 M 7/13/21 Specright <https://www.socaltech.com/intelligence/?action=showdeal&id=103032> Tustin $30.00 M 6/30/21 Quizizz <https://www.socaltech.com/intelligence/?action=showdeal&id=102972> Santa Monica $31.50 M 6/30/21 ServiceTitan <https://www.socaltech.com/intelligence/?action=showdeal&id=102971> Glendale $200.00 M 6/29/21 FutureProof <https://www.socaltech.com/intelligence/?action=showdeal&id=102955> San Diego $3.00 M 6/29/21 TOCA Football, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102954> Costa Mesa $40.00 M 6/28/21 Tapcart <https://www.socaltech.com/intelligence/?action=showdeal&id=102953> Santa Monica $50.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *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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