*socaltech.com <http://socaltech.com> TechNews - Tuesday, September 21, 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 * - CreatorIQ Acquires Tribe Dynamics <#0081730> - Assembly Joins Billion Dollar Unicorns After Strategic Investment <#0081727> - 858 Therapeutics Exits Stealth Mode With $60M Funding <#0081729> - Savyint Snags $130M For Identity Management <#0081728> - ServiceTitan Boosts Board <#0081731> - WurkNow Gets $10M <#0081722> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Become a Socaltech Supporter! <#ad724> - Accelerating Growth For Early Stage Innovation. <#ad764> - Stradling: Westlake Village Offices Have Moved <#ad776> *Tuesday, September 21, 2021* *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]. *CreatorIQ Acquires Tribe Dynamics* <https://www.socaltech.com/fullstory/0081730.html> Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. Financial details of the acquisition were not announced. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding. Igor Vaks is founder and CEO of CreatorIQ. (More... <https://www.socaltech.com/fullstory/0081730.html>) *Assembly Joins Billion Dollar Unicorns After Strategic Investment* <https://www.socaltech.com/fullstory/0081727.html> Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company said it now surpasses $1 billion in valuation after the round. The company did not say how much Advent International invested in the company. Assembly is led by co-founder and CEO Sandeep Kella. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=35143>)( More... <https://www.socaltech.com/fullstory/0081727.html>) *858 Therapeutics Exits Stealth Mode With $60M Funding* <https://www.socaltech.com/fullstory/0081729.html> San Diego-based 858 Therapeutics, a biotech startup focused on small molecules, has exited stealth mode and announced a $60M, Series A funding. According to the company, the funding was led by founding investor Versant Ventures, with participation from NEA, Cormorant Asset Management and Logos Capital. The startup said it is developing a portfolio of small molecules directed against novel therapeutic targets in oncology, including proteins that regulate RNA and the innate immune response. (More... <https://www.socaltech.com/fullstory/0081729.html>) *Savyint Snags $130M For Identity Management* <https://www.socaltech.com/fullstory/0081728.html> Los Angeles-based Savyint, which develops identity and access management software for the enterprise market, has raised $130M in a new financing, according to the company. The new funding came from HPS Investment Partners and PNC Bank. The company says it has now raised $170M in total capital. The company said it will use the funding to grow its investments in R&D and personnel. Savyint is led by CEO Amit Saha. (More... <https://www.socaltech.com/fullstory/0081728.html>) *ServiceTitan Boosts Board* <https://www.socaltech.com/fullstory/0081731.html> Los Angeles-based software developer ServiceTitan, which develops software used by tradespeople to manage their business, has bolstered its board, in a hint of an eye on an exit. The company said it added Diya Jolly, Chief Product Officer at Okta, and Sameer Dholakia, Former CEO of SendGrid to its board of directors, and also said it recently crossed $250M in ARR, with over 1,600 employees and 7,500 customers. (More... <https://www.socaltech.com/fullstory/0081731.html>) *WurkNow Gets $10M* <https://www.socaltech.com/fullstory/0081722.html> Riverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach. WurkNow focuses on managing large, hourly workforces, and says it has clients using its tools to manage over 125,000 active employees. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=103158> )(More... <https://www.socaltech.com/fullstory/0081722.html>) *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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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. *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 *Stradling: Westlake Village Offices Have Moved < [email protected]>* Stradling: Solutions at the speed of now Our Westlake Village office has moved to a new location: 3075 Townsgate Road, Suite 330 Westlake Village, CA 91360 805-730-6830 Brent Reinke Shareholder [email protected] 895-730-6825 ------------------------------ *Recent Funding <#funding>* 9/21/21 Assembly <https://www.socaltech.com/intelligence/?action=showdeal&id=103161> Los Angeles $0.00 M 9/20/21 WurkNow <https://www.socaltech.com/intelligence/?action=showdeal&id=103158> Riverside $10.00 M 9/20/21 9am.health <https://www.socaltech.com/intelligence/?action=showdeal&id=103159> Encinitas $3.70 M 9/20/21 Omaze <https://www.socaltech.com/intelligence/?action=showdeal&id=103160> Venice $85.00 M 9/17/21 Outer <https://www.socaltech.com/intelligence/?action=showdeal&id=103157> Santa Monica $50.00 M 9/17/21 Whatnot <https://www.socaltech.com/intelligence/?action=showdeal&id=103156> Los Angeles $150.00 M 9/16/21 Chargezoom <https://www.socaltech.com/intelligence/?action=showdeal&id=103155> Irvine $2.00 M 9/14/21 TruePic Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103154> San Diego $26.00 M 9/08/21 Tiled, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103151> San Diego $13.70 M 9/08/21 Jam City <https://www.socaltech.com/intelligence/?action=showdeal&id=103153> Culver City $350.00 M 9/08/21 Replicate Bioscience, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103152> San Diego $40.00 M 9/03/21 Plantible Foods <https://www.socaltech.com/intelligence/?action=showdeal&id=103150> San Diego $21.50 M 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 ------------------------------ *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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