*socaltech.com <http://socaltech.com> TechNews - Friday, December 3, 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 * - Covisus Collects Series A <#0081987> - Rocket Lab Shows Off Neutron Rocket <#0081986> - Games & Esports Experience Acquisition Corp. Raises $175M In IPO <#0081984> - TrueCar Sets Product Head <#0081983> - NationBuilder Names New President <#0081982> - Regulus Therapeutics Names VP <#0081985> - Groundswell Gets $15M <#0081981> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Pacific Western Bank, Venture Banking Group <#ad749> - Support Our News Coverage - Become A Member Today! <#ad680> *Friday, December 3, 2021* *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. *Covisus Collects Series A* <https://www.socaltech.com/fullstory/0081987.html> Monrovia-based Covisus, a developer of supply chain tracking products, said this week that it has raised a Series A funding. Size of the funding was not announced. The funding came from Hale Capital Partners. The company said it has developed "covert" item-level supply chain tagging technology, which places tracking information into the "intrinsic surface texture" of the item. The company said that can be used to uniquely identify an item. Naresh Menon is CEO of Covisus. (More... <https://www.socaltech.com/fullstory/0081987.html>) *Rocket Lab Shows Off Neutron Rocket* <https://www.socaltech.com/fullstory/0081986.html> Long Beach-based rocket developer Rocket Lab showed off details of its new Neutron Rocket on Thursday, saying its new, larger is designed to put up as much as 15,000 kilograms to low earth orbit. The company said that, in reusable mode, the rocket will carry up to 8,000 kilograms to low earth orbit. Rocket Lab is looking to move up in the world, launching larger payloads to space then the company's current ability to put smaller cubesats to space. (More... <https://www.socaltech.com/fullstory/0081986.html>) *Games & Esports Experience Acquisition Corp. Raises $175M In IPO* <https://www.socaltech.com/fullstory/0081984.html> Los Angeles-based Games & Esports Experience Acquisition Corp., a newly formed special purpose acquisition company (SPAC), says it is raising $175M in an intial public offering (IPO). The company is offering up 17,500,000 units of its stock at $10.00 per unit. The company began trading on Thursday on the Nasdaq Global Market under the ticker symbol GEEXU. (More... <https://www.socaltech.com/fullstory/0081984.html>) *TrueCar Sets Product Head* <https://www.socaltech.com/fullstory/0081983.html> Santa Monica-based *TrueCar <https://www.truecar.com>*, which operates an online marketplace for autos, said that it has named Rich DiStefano to Senior Vice President of Product. DiStefano previously has served at such companies as Walmart, Hilton, Ticketmaster, Live Nation, and Match.com. The company said that DiStefano will report to President and CEO Mike Darrow. (Funding Details <https://www.socaltech.com/intelligence/?action=showperson&id=82452> )(More... <https://www.socaltech.com/fullstory/0081983.html>) *NationBuilder Names New President* <https://www.socaltech.com/fullstory/0081982.html> Los Angeles-based *NationBuilder <https://www.nationbuilder.com>*, which provides tools for managing fundraising, including website hosting, email and text blasts, donations and fundraising, and similar, said it has named Hilary Doe as President of the company. Doe was previously Chief Strategy Officer for the company. Doe previously had been at the Roosevelt Institute. NationalBuilder's tools are used by many political campaigns, as well as nonprofits.(More... <https://www.socaltech.com/fullstory/0081982.html>) *Regulus Therapeutics Names VP* <https://www.socaltech.com/fullstory/0081985.html> San Diego-based *Regulus Therapeutics <https://www.regulusrx.com>*, a biopharmaceuticals firm focused on targeted microRNA, said it has named Mohammad Ahmadian, Ph.D., as Vice President, Chemistry and Pharmaceutical Development. Ahmadian previously was Vice President & Resident Director of Kinovate Life Sciences, and also previously served at Nitto Denko Technical Corporation.(More... <https://www.socaltech.com/fullstory/0081985.html>) *Groundswell Gets $15M* <https://www.socaltech.com/fullstory/0081981.html> Los Angeles-based Groundswell, a fintech startup which helps companies offer up personal, donor-advised funds to their employees for charitable giving, said this week that it has raised $15M in a seed funding round. The funding was led by GV, and also included Human Ventures, Moonshots Capital, Felicis Ventures, and Core Innovation Capital. The startup said the funding will go towards bolstering its staff and commercialization. The company's CEO is Jake Wood. (More... <https://www.socaltech.com/fullstory/0081981.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/ *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]. *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? 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Join today at http://www.socaltech.com/Membership ------------------------------ *Recent Funding <#funding>* 12/01/21 Ember Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=103194> Westlake Village $23.50 M 11/29/21 Ablaze Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=103193> San Diego $75.00 M 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 Biolinq Inc <https://www.socaltech.com/intelligence/?action=showdeal&id=103187> San Diego $100.00 M 11/04/21 Huckleberry Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103186> Irvine $12.50 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 ------------------------------ *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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