*socaltech.com <http://socaltech.com> TechNews - Monday, November 1, 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 * - Meta Acquires LA's Within, Maker Of AR Workout App Supernatural <#0081875> - Longtime Stamps.com CEO McBride Steps Down <#0081873> - Fender Music Buys Presonus Audio <#0081876> - Type:A Brands Gets Investment From NBA Star, Wife <#0081874> - InvestCloud Launches New Products <#0081877> - Salted Scores $16M For Virtual Restaurant Brands <#0081872> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Monday, November 1, 2021* *Precellerator Program Virtual Demo Day - Nov 4 <https://stubbsalderton.com/preccelerator-program-virtual-demo-day/>* Precellerator Program Virtual Demo Day. Join Preccelerator U to kick off Virtual Demo Day on Thursday, November 4 at 4:00 pm. This free live webinar will feature a group of early-stage companies who we’ve worked with throughout the term to develop valuable industry knowledge and prepare them for the fundraising process. Companies such as Bevz, Blockforms, TopDog, KneeVoice, and Auxxit will be featured to showcase the skills they’ve learned and you’re invited to join the festivities! See https://stubbsalderton.com/preccelerator-program-virtual-demo-day/ *Meta Acquires LA's Within, Maker Of AR Workout App Supernatural* <https://www.socaltech.com/fullstory/0081875.html> Los Angeles-based Within--the maker of the virtual reality workout app Supernatural-- has been acquired by Meta, the company most recently known as Facebook. Financial details of the acquisition were not announced. Supernatural's virtual reality fitness app runs on the Oculus Quest, and was offered up via subscription. The app uses video avatars of instructors and motion tracking for its fitness workouts. Supernatural is led by CEO Chris Milk. (More... <https://www.socaltech.com/fullstory/0081875.html>) *Longtime Stamps.com CEO McBride Steps Down* <https://www.socaltech.com/fullstory/0081873.html> The longtime CEO of El Segundo-based Stamps.com, Ken McBride, has stepped down from the helm of the company, Stamps.com said this morning. Stamps is a provider of electronic postage and related software. McBride had been CEO of Stamps.com for more than 20 years, having starting in the President and CEO role in August of 2001. According to Stamps.com, McBride "decided to step down" but will remain at the company through the end of the year to assist in the transition. (More... <https://www.socaltech.com/fullstory/0081873.html>) *Fender Music Buys Presonus Audio* <https://www.socaltech.com/fullstory/0081876.html> Hollywood-based musical instrument manufacturer Fender Musical Instruments Corporation says it has acquired PreSonus Audio Electronics, a Baton Rouge, Louisiana-based brand which designs and manufactures recording and live sound hardware and software. Financial details of the acquisition were not announced. PreSonus was founded in 1995 by Jim Odom and Brian Smith. ( More... <https://www.socaltech.com/fullstory/0081876.html>) *Type:A Brands Gets Investment From NBA Star, Wife* <https://www.socaltech.com/fullstory/0081874.html> Los Angeles-based Type:A Brands, a maker of sweat free deodarant and other body care products, has scored an investment from NBA player Chris Paul and his wife Jada Paul. Sizeo f the investment was not announced. According to the company, the investment came from "Jada's passion and desire to get involved with the brand in a deeper way". Jada Paul will become a strategic advisor to the company. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=64095>)( More... <https://www.socaltech.com/fullstory/0081874.html>) *InvestCloud Launches New Products* <https://www.socaltech.com/fullstory/0081877.html> Los Angeles-based InvestCloud, a developer of fintech software, said it has launched a new product called InvestCloud X. The company said the new product includes a digital communications platform for advisors to interact with clients; a digital planning platform for providing the " simplest to the most sophisticated needs of all investors" as well as a digital shopping platform for financial products. The company did not announce pricing on the product. (More... <https://www.socaltech.com/fullstory/0081877.html>) *Salted Scores $16M For Virtual Restaurant Brands* <https://www.socaltech.com/fullstory/0081872.html> Los Angeles-based Salted, which creates what it calls "digitally native" quick serve restaurant brands, says it has raised $16M in a Series A funding. The company says the funding came from Creadev, along with Proof Ventures and B. Riley Financial. The company has now raised $20M in total. The company said it runs six brands, including moonbowls, Califlower Pizza and lulubowls, which are delivered via food delivery. (More... <https://www.socaltech.com/fullstory/0081872.html>) *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]. *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 *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 ------------------------------ *Recent Funding <#funding>* 11/01/21 Type:A Brands <https://www.socaltech.com/intelligence/?action=showdeal&id=103182> Los Angeles $0.00 M 10/28/21 SKYRYSE, INC. <https://www.socaltech.com/intelligence/?action=showdeal&id=103181> Ann Arbor $200.00 M 10/21/21 VideoAmp <https://www.socaltech.com/intelligence/?action=showdeal&id=103180> Santa Monica $275.00 M 10/21/21 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=103179> Solana beach $215.00 M 10/20/21 Carbon Capture <https://www.socaltech.com/intelligence/?action=showdeal&id=103178> Pasadena $35.00 M 10/12/21 Day-J <https://www.socaltech.com/intelligence/?action=showdeal&id=103177> Los Angeles $2.00 M 10/11/21 Audio Up <https://www.socaltech.com/intelligence/?action=showdeal&id=103176> Los Angeles $12.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html November 4, Los Angele -- *Precellerator Program Virtual Demo Day* *NEW* . See http://www.socaltech.com/calendar/eventid/26743 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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