*socaltech.com <http://socaltech.com> TechNews - Monday, November 22, 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 * - TikTok TV Rolls Out In North America <#0081952> - LifeVoxel.AI Snags $5M <#0081950> - Canoo Flees LA To Arkansas <#0081949> - Ford, Rivian Abandon Plans For Joint EV <#0081948> - Cast & Crew To Acquire The TEAM Companies <#0081951> - Elude Lands $5M For Travel Booking App <#0081947> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Monday, November 22, 2021* *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 *TikTok TV Rolls Out In North America* <https://www.socaltech.com/fullstory/0081952.html> Social video sharing app developer TikTok--which has offices in Los Angeles--said this morning that it is rolling out TikTok TV, its "smart television" app in the US and Canada. According to the company, the app is now available on Google TV and other Android TV OS devices, LG Smart TVs, and Samsung Smart TVs. The app runs on TVs, letting viewers see the most liked and viewed videos, across a range of categories. The app connects to a user's existing account. (More... <https://www.socaltech.com/fullstory/0081952.html>) *LifeVoxel.AI Snags $5M* <https://www.socaltech.com/fullstory/0081950.html> San Diego-based medical visualization software developer LifeVoxel.AI announced this morning that it has raised $5M in a seed funding round. Source of the funding was not announced, however, the company said the round came from medical and radiology specialists, strategic medical technology investors and family offices. The company's CEO and co-founder is Sekhar Puli. (More... <https://www.socaltech.com/fullstory/0081950.html>) *Canoo Flees LA To Arkansas* <https://www.socaltech.com/fullstory/0081949.html> Electric vehicle maker Canoo--which is still very early in producing its own version of an electric car--said late last week that it is moving its headquarters and manufacturing to Bentonville, Arkansas. The publicly listed company hit the public markets in late 2020 via a special purpose acquisition company (SPAC). The company has shown off a number of renderings of potential, high tech vehicles, but does not plan to bring any vehicles to market before Q4 of 2022. (More... <https://www.socaltech.com/fullstory/0081949.html>) *Ford, Rivian Abandon Plans For Joint EV* <https://www.socaltech.com/fullstory/0081948.html> In a small post-IPO setback for Irvine-based Rivian, automaker Ford said Friday that Ford and Rivian have abandoned plans to jointly develop an EV together. Rivian had its IPO last week. According to reports, the move came due to the difficulty of marrying Ford and Rivian's hardware and software together. Ford made a $500M investment in Rivian in 2019. (More... <https://www.socaltech.com/fullstory/0081948.html>) *Cast & Crew To Acquire The TEAM Companies* <https://www.socaltech.com/fullstory/0081951.html> Burbank-based Cast & Crew, which provides payroll software and services to the entertainment industry, said last week that it has signed a deal to acquire The Team Companies, a developer of payroll and production management services to the advertising, music and concert tours and live events industries. Financial terms of the deal were not announced. (More... <https://www.socaltech.com/fullstory/0081951.html>) *Elude Lands $5M For Travel Booking App* <https://www.socaltech.com/fullstory/0081947.html> Los Angeles-based travel startup Elude said this week that it has raised $3M in a seed funding round. The company said the funding came from ATX Venture Partners, and also included Mucker Capital, Unicorn Ventures, Upfront Scout Fund, StartupO, Grayson Capital, Gaingels, Maccabee Ventures and Flight VC. Elude says it has now raised over $5M in total. Elude was founded by CEO Alex Simon and CMO Frankie Scerbo. (More... <https://www.socaltech.com/fullstory/0081947.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]. *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/ *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]. ------------------------------ *Recent Funding <#funding>* 11/18/21 Machina Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103192> Los Angeles $16.30 M 11/15/21 Intelligo <https://www.socaltech.com/intelligence/?action=showdeal&id=103189> Los Angeles $22.00 M 11/15/21 MingSight Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=103191> San Diego $20.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html December 1, Los Angeles -- *USC Viterbi Startup Garage Presents: AWS Workshop* USC Viterbi Startup Garage Presents: AWS Workshop. Abstract: This session will discuss base-level best practices for getting started on AWS and address some of the most common questions founders have when launching on AWS. Speakers: Jenny Wong, Business Development Manager at Amazon Web Services, and Harold Kim, Solutions Architect at AWS. See http://www.socaltech.com/calendar/eventid/26744 ------------------------------ *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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