*socaltech.com <http://socaltech.com> TechNews - Monday, December 6, 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 * - Caltech Sues Samsung Over Patents After $1.1 Billion Win <#0081992> - NASA Awards SpaceX Three Crew Flights On Boeing Delays <#0081989> - Clearlake Capital Sells Provation <#0081988> - Semtech Settles Lawsuit With Spark Connected <#0081991> - Claremont McKenna Gets $40M For Science Center <#0081990> - Covisus Collects Series A <#0081987> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Stradling <#ad608> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Monday, December 6, 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 *Caltech Sues Samsung Over Patents After $1.1 Billion Win* <https://www.socaltech.com/fullstory/0081992.html> The California Institute of Technology has filed a new patent infringement lawsuit, after winning $1.1 billion in damages in a patent infringement lawsuit last year against Broadcom. Caltech filed a lawsuit gainst Samsung, saying that Samsung's Galaxy phones, tablets, and watches use Wi-Fi chipsets which infringe on five of its patents. Caltech also has a lawsuit pending against Microsoft, alleging Microsoft's Surface tablets, laptop, and videogame systems also infringe on those same patents. (More... <https://www.socaltech.com/fullstory/0081992.html>) *NASA Awards SpaceX Three Crew Flights On Boeing Delays* <https://www.socaltech.com/fullstory/0081989.html> NASA said on Friday that it is awarding three more, crewed astronaut missions to SpaceX. According to NASA, the addition of those three new crew flights will allow the agency to "maintain an uninterrupted U.S. capability for human access to the space station." The contract award comes as SpaceX competitor Boeing has seen more delays for its own spacecraft launch efforts. (More... <https://www.socaltech.com/fullstory/0081989.html>) *Clearlake Capital Sells Provation* <https://www.socaltech.com/fullstory/0081988.html> Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO. (More... <https://www.socaltech.com/fullstory/0081988.html>) *Semtech Settles Lawsuit With Spark Connected* <https://www.socaltech.com/fullstory/0081991.html> Camarillo-based semiconductor developer Semtech and wireless power company Spark Connected said the two companies have settled their intellectual property dispute. Financial details of the settlement were not announced. Spark Connected had sued Semtech in the United States District Court for the Eastern District of Texas over patent infringement, in Case No. 4:18-cv-00748. The case had been filed in October of 2018. The two said that, as part of the settlement, both parties denied any liability. (More... <https://www.socaltech.com/fullstory/0081991.html>) *Claremont McKenna Gets $40M For Science Center* <https://www.socaltech.com/fullstory/0081990.html> *Claremeont McKenna College <https://www.cmc.edu>* says it has received $40M for a new sciences center, from the *W.M. Keck Foundation*. The school said the new center will house its new integrated sciences program, and will be named the *Robert Day Sciences Center*, honoring Claremont McKenna alumnus and trustee, and W.M. Keck Foundation Chair and Chief Executive Officer. The new center will be 120,000 square feet.(More... <https://www.socaltech.com/fullstory/0081990.html>) *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>) *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 *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/ *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. *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>* 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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