*socaltech.com <http://socaltech.com> TechNews - Tuesday, August 31, 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 * - Invoca Claims Record Results, Says It Will Hit $100M Revenues By EOY <#0081658> - ARS Pharmaceuticals Snags $55M In Series D Funding <#0081657> - ZipReruiter Partners With UFC As Event Sponsor <#0081656> - H Code Snags New Investment Round <#0081655> - Flip Finds $28M For Beauty Shopping App <#0081654> - Rivian Seeks $80 Billion In IPO <#0081653> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Tuesday, August 31, 2021* *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *Invoca Claims Record Results, Says It Will Hit $100M Revenues By EOY* <https://www.socaltech.com/fullstory/0081658.html> Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21. The company has raised $116M in venture capital, from such investors as Accel, Upfront Ventures, H.I.G. Growth Partners, Morgan Stanley, and Salesforce Ventures. (More... <https://www.socaltech.com/fullstory/0081658.html>) *ARS Pharmaceuticals Snags $55M In Series D Funding* <https://www.socaltech.com/fullstory/0081657.html> San Diego-based "ARS Pharmaceuticals, which is developing an epinephrine nasal spray designed to better treat severe allergic reaction, said today that it has raised $55M in a Series D funding. The funding was led by SR One, and also included RA Capital Management, an un-named US healthcare-focused fund, and Deerfield Management. (More... <https://www.socaltech.com/fullstory/0081657.html>) *ZipReruiter Partners With UFC As Event Sponsor* <https://www.socaltech.com/fullstory/0081656.html> Santa Monica-based online employment marketplace operator ZipRecruiter and mixed martial arts organization UFC are in a new partnership, where ZipRecruiter will serve as the official sponsor for a number of UFC events. According to the two, ZipRecruiter will serve as the official sponsor for events including Dana White's Contender Series (DWCS) on ESPN+, select Pay-Per-Views, and other UFC live events. (More... <https://www.socaltech.com/fullstory/0081656.html>) *H Code Snags New Investment Round* <https://www.socaltech.com/fullstory/0081655.html> Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies. Size of the investment round was not announced. ( More... <https://www.socaltech.com/fullstory/0081655.html>) *Flip Finds $28M For Beauty Shopping App* <https://www.socaltech.com/fullstory/0081654.html> Los Angeles-based Flip, which develops an app that lets people shop for beauty products through video reviews, content, a community, and more, has raised $28M in a Series A funding, the company said on Monday. The funding was led by Streamlined Ventures, and also included Mubadala Capital Ventures, BDMI, plus angels Ruby Lu, an early investor in Kuaishou. (More... <https://www.socaltech.com/fullstory/0081654.html>) *Rivian Seeks $80 Billion In IPO* <https://www.socaltech.com/fullstory/0081653.html> Electric vehicle maker *Rivian <http://www.rivian.com>* said Friday that it has filed confidentially for an IPO, and is looking to have an IPO around Thanksgiving. Bloomberg said that Rivian is looking for a valuation of up to $80 billion. Rivian has significant operations in Irvine. The company is developing an electric pick-up and SUV, and has a deal with Amazon for electric delivery vehicles.(More... <https://www.socaltech.com/fullstory/0081653.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]. *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 *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 *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]. ------------------------------ *Recent Funding <#funding>* 8/31/21 H Code Media, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=103147> Santa Monica $0.00 M 8/31/21 Flip <https://www.socaltech.com/intelligence/?action=showdeal&id=103146> Los Angeles $28.00 M 8/27/21 Bright Live <https://www.socaltech.com/intelligence/?action=showdeal&id=103144> Santa Monica $15.00 M 8/26/21 Sugar Living <https://www.socaltech.com/intelligence/?action=showdeal&id=103145> Santa Monica $2.50 M 8/25/21 Shield AI Inc <https://www.socaltech.com/intelligence/?action=showdeal&id=103142> San Diego $210.00 M 8/25/21 Energy Vault <https://www.socaltech.com/intelligence/?action=showdeal&id=103143> Westlake Village $100.00 M 8/24/21 Greenfly <https://www.socaltech.com/intelligence/?action=showdeal&id=103141> Santa Monica $8.40 M 8/19/21 Apeel Sciences <https://www.socaltech.com/intelligence/?action=showdeal&id=103140> Goleta $250.00 M 8/19/21 RepairSmith <https://www.socaltech.com/intelligence/?action=showdeal&id=103139> El Segundo $42.00 M 8/16/21 Seismic <https://www.socaltech.com/intelligence/?action=showdeal&id=103138> Solana Beach $170.00 M 8/11/21 HopSkipDrive <https://www.socaltech.com/intelligence/?action=showdeal&id=103136> South Pasadena $25.00 M 8/11/21 JUNO Live <https://www.socaltech.com/intelligence/?action=showdeal&id=103137> San Diego $3.50 M 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 ------------------------------ *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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