*socaltech.com <http://socaltech.com> TechNews - Thursday, November 4, 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 * - Afterparty Snags $3M For NFT Creation Platform <#0081891> - Section 32 Raises $740M For Fourth Venture Fund <#0081888> - Huckleberry Connects With $12.5M For Baby Sleep Advice App <#0081889> - Biolinq Adds $100M for Glucose Monitoring Sensors <#0081890> - TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage <#0081892> - SecureAuth Acquires Acceptto <#0081887> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Thursday, November 4, 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/ *Afterparty Snags $3M For NFT Creation Platform* <https://www.socaltech.com/fullstory/0081891.html> Los Angeles-based Afterparty, which is developing an platform which the company says helps creators launch their own NFTs, says it has raised $3M in a seed funding round. The funding was led by Acrew Capital and TenOneTen Ventures with participation from Palm Tree Crew, Act One Ventures, Hex Capital, Red Light Management, plus angels Dylan & Brandon Lee, Louis Beryl, Dave Bonanno, Craig Clemens, Reade Seiff and Alex Kassan. (More... <https://www.socaltech.com/fullstory/0081891.html>) *Section 32 Raises $740M For Fourth Venture Fund* <https://www.socaltech.com/fullstory/0081888.html> San Diego-based venture capital investment firm Section 32, led by former Google Ventures founder Bill Maris, has raised $740M in its fourth venture capital fund, the company said this morning. According to Section 32, the new fund included investors from philanthropic and non-profit organizations, educational endowments and foundations, and leaders from the technology and healthcare sectors. (More... <https://www.socaltech.com/fullstory/0081888.html>) *Huckleberry Connects With $12.5M For Baby Sleep Advice App* <https://www.socaltech.com/fullstory/0081889.html> Irvine-based Huckleberry, a developer of an artificial intelligence-driven app which helps parents with pediatric sleep advice, says it has raised $12.5M in a Series A funding. The funding was led by Morningside Ventures and also included Spero Ventures and Tamarisc VC. The company says the round brings its total raised to $16M. Huckleberry's app provides advice to new parents on how to manage the sleep patterns for newborns and even older children. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=64112>)( More... <https://www.socaltech.com/fullstory/0081889.html>) *Biolinq Adds $100M for Glucose Monitoring Sensors* <https://www.socaltech.com/fullstory/0081890.html> San Diego-based Biolinq, a developer of continuous glucose monitoring sensors, said earlier this week that it has raised $100M in a Series B funding round. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=103187> )(More... <https://www.socaltech.com/fullstory/0081890.html>) *TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage* <https://www.socaltech.com/fullstory/0081892.html> Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% year-over-year, and 16.4% sequentially, due to what the company said was limited new vehicle inventory from the ongoing automobile semiconductor shortage. TrueCar said it had a net loss of $6.8 million compared to net income of $11.6M in the third quarter of 2020. (More... <https://www.socaltech.com/fullstory/0081892.html>) *SecureAuth Acquires Acceptto* <https://www.socaltech.com/fullstory/0081887.html> Irvine-based SecureAuth, a developer of identity and access management software, said today that it has acquired Acceptto, a developer of passwordless authentication and behavioral modeling software. Financial terms of the acquisition were not announced. Both companies are involved in the area of "passwordless login" which continually authenticates users based on artificial intelligence software. SecureAuth is led by CEO and Executive Chairman Ravi Khatod. Acceptto is based in Portland, Oregon. ( More... <https://www.socaltech.com/fullstory/0081887.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]. *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/ *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]. *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. *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>* 11/04/21 Huckleberry Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103186> Irvine $12.50 M 11/04/21 Biolinq Inc <https://www.socaltech.com/intelligence/?action=showdeal&id=103187> San Diego $100.00 M 11/03/21 Hone <https://www.socaltech.com/intelligence/?action=showdeal&id=103185> Encinitas $16.00 M 11/02/21 Shoreline Biosciences, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103183> La Jolla $140.00 M 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 ------------------------------ *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* 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 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. 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