*socaltech.com <http://socaltech.com> TechNews - Friday, October 8, 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 * - Elon Musk Moves Tesla HQ Out Of California <#0081792> - APX Platform Scores Seed Funding <#0081793> - Shield AI Deploys Robot UAV With Marines <#0081794> - Opy USA Secures $271.4M In Debt Funding <#0081791> - Qualcomm Names New General Counsel <#0081790> - Gretel.ai Snags $50M For Privacy Efforts <#0081789> - CarbonBuilt Picks Up $10M For Low Carbon Concrete <#0081788> *Marketplace* - Become a Socaltech Supporter! <#ad724> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Friday, October 8, 2021* *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 Zero Trust Policies. Please reach us at [email protected] to start a conversation or visit our website https://networkthinking.com/devops/ *Elon Musk Moves Tesla HQ Out Of California* <https://www.socaltech.com/fullstory/0081792.html> Billionaire Elon Musk says that one of his tech companies--Tesla, will be moving its headquarters out of California, and to Austin, Texas, making good Musk's threat to pull out of Silicon Valley. Musk previously made threats to pull his companies out of California, citing pandemic restrictions. Musk also runs Hawthorne-based SpaceX, in the Los Angeles area. Musk has been spending much of his time in Texas living in a tiny prefab house owned by SpaceX in Boca Chica. (More... <https://www.socaltech.com/fullstory/0081792.html>) *APX Platform Scores Seed Funding* <https://www.socaltech.com/fullstory/0081793.html> Beverly Hills-based APX Platform, a developer of cloud-based software for the aesthetic industry, says it has raised what it calls an "oversubscribed seed round" for its company. Size of the seed funding was not announced. According to the company, it is developing a "disruptive alternative to the traditional option of a practice management consultant" for the aesthetic practice industry. The startup is led by two co-CEOs, Izhak Musli and Terri Ross. (More... <https://www.socaltech.com/fullstory/0081793.html>) *Shield AI Deploys Robot UAV With Marines* <https://www.socaltech.com/fullstory/0081794.html> ----- San Diego-based Shield AI, which is developing software to help coordinate teams of robots in the defense and military market, says it has deployed its system with the 11th Marine Expeditionary Unit and on the USS Portland. According to the company, it is developing systems which can help teams of robots and UAVs fly together in areas where GPS- and RF-signals are not working. The company is led by former Navy SEAL Brandon Tseng. (More... <https://www.socaltech.com/fullstory/0081794.html>) *Opy USA Secures $271.4M In Debt Funding* <https://www.socaltech.com/fullstory/0081791.html> San Diego-based Opy USA and its parent company, Openpay Group Ltd., announced this week that the two have raised $271.4M in a debt funding round, which came from Goldman Sachs and Atalaya Capital Management. The two, who provide "buy now pay later" financial products, said the funding will help it with expansion in the the U.S. payments market. Terms of that debt were not announced. (More... <https://www.socaltech.com/fullstory/0081791.html>) *Qualcomm Names New General Counsel* <https://www.socaltech.com/fullstory/0081790.html> San Diego-based *Qualcomm <https://www.qualcomm.com>* said today that it has named a new General Counsel and Corporate Secretary. The company said that it has appointed Ann Chaplin to the position, replacing longtime General Counsel Don Rosenberg, who is retiring from the company after 14 years. Chaplin was most recently corporate secretary and deputy general counsel for General Motors (GM), an also previously served at Fish & Richardson.(More... <https://www.socaltech.com/fullstory/0081790.html>) *Gretel.ai Snags $50M For Privacy Efforts* <https://www.socaltech.com/fullstory/0081789.html> San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M. Gretel.ai is led by CEO Ali Golshan. Gretel.ai's privacy technology helps generate synthetic data, which preserves privacy, but can help provide data sets for training machine learning and AI models. (More... <https://www.socaltech.com/fullstory/0081789.html>) *CarbonBuilt Picks Up $10M For Low Carbon Concrete* <https://www.socaltech.com/fullstory/0081788.html> Los Angeles-based CarbonBuilt, a startup developing "low-carbon" concrete technology, said yesterday that it raised $10M in its Series A funding round. The funding was led by Grantham Environmental Trust’s Neglected Climate Opportunities, with participation from Tony Pritzker, Lime Street Ventures, Climate Capital, YouWeb IV: Impact, Foundamental and others. CarbonBuilt is led by CEO Rahul Shendure. (More... <https://www.socaltech.com/fullstory/0081788.html>) *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. *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 *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]. *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>* 10/07/21 GrayMatter Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103169> Los Angeles $4.10 M 10/06/21 Amionx <https://www.socaltech.com/intelligence/?action=showdeal&id=103168> Carlsbad $0.00 M 9/29/21 Sommetrics, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103166> San Diego $11.00 M 9/27/21 Dozuki <https://www.socaltech.com/intelligence/?action=showdeal&id=103164> San Luis Obispo $0.00 M 9/27/21 Thankful <https://www.socaltech.com/intelligence/?action=showdeal&id=103165> Venice $12.00 M 9/23/21 Clovers <https://www.socaltech.com/intelligence/?action=showdeal&id=103162> Los Angeles $15.00 M 9/22/21 Perch Mobility <https://www.socaltech.com/intelligence/?action=showdeal&id=103163> Los Angeles $0.00 M 9/21/21 Assembly <https://www.socaltech.com/intelligence/?action=showdeal&id=103161> Los Angeles $0.00 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 9/20/21 WurkNow <https://www.socaltech.com/intelligence/?action=showdeal&id=103158> Riverside $10.00 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 ------------------------------ *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). 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