*socaltech.com <http://socaltech.com> TechNews - Wednesday, December 15, 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 * - Papaya Picks Up $50M For Mobile Payments <#0082024> - LogicBoost Puts $200K, Services Into Clarevent <#0082021> - Mavenlink Merges With Kimble Applications In Private Equity Effort <#0082025> - Netradyne Names CFO <#0082022> - Tealium Launches Partner Effort <#0082023> - Pixelz Acquired By Adelis Equity Partners <#0082020> - Rocket Lab Acquires SolAero <#0082016> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Wednesday, December 15, 2021* *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]. *Papaya Picks Up $50M For Mobile Payments* <https://www.socaltech.com/fullstory/0082024.html> Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures. Papaya is led by co-founder and CEO Patrick Kann, who the company said has previously served at such companies as World Bank and IdeaLab. (More... <https://www.socaltech.com/fullstory/0082024.html>) *LogicBoost Puts $200K, Services Into Clarevent* <https://www.socaltech.com/fullstory/0082021.html> Los Angeles-based LogicBoost Labs, a startup accelerator which focuses on pre-revenue and early-stage B2B SaaS startups, says it has made a $300K investment in Clarevent, which supplies video infrastructure for virtual events. The company said the investment was $200K in cash, plus another $100K in advisory services. Clarevent is led by founder and CEO Scott Lock; LogicBoost is led by founder and CEO Jonathan Cogley. (More... <https://www.socaltech.com/fullstory/0082021.html>) *Mavenlink Merges With Kimble Applications In Private Equity Effort* <https://www.socaltech.com/fullstory/0082025.html> Irvine-based Mavenlink, which develops cloud software for the professional services market, has merged with Kimble Applications in a merger backed by private equity investor Accel-KKR, the company announced today. According to the company, Michael Speranza has been named as CEO of the company as a result of the merger. The company said that Existing Kimble and Mavenlink investors, including Carrick Capital Partners and Goldman Sachs, will continue to be investors. (More... <https://www.socaltech.com/fullstory/0082025.html>) *Netradyne Names CFO* <https://www.socaltech.com/fullstory/0082022.html> San Diego-based artificial intelligence software developer *Netradyne <https://www.netradyne.com>* annoucned this morning that it has named *Tom Schmitt* as CFO. According to the company, Schmitt joins the company from Postclick, where he was also CFO. He also has served at such companies as VideoAmp, FreeWheel Media, Salesforce, NetApp, and GAP. Netradyne says Schmitt has over 35 years of financial experience. Netradyne's AI software is aimed at driver and fleet safety.(More... <https://www.socaltech.com/fullstory/0082022.html>) *Tealium Launches Partner Effort* <https://www.socaltech.com/fullstory/0082023.html> San Diego-based Tealium, which helps companies collect information on their customers, says it has launched a new partnership effort called the Tealium Global Partner Network. According to the company, the effort gives direct access for its clients to partners such as Meta, Google, AWS, Capgemini, Accenture and Publicis Sapient. (More... <https://www.socaltech.com/fullstory/0082023.html>) *Pixelz Acquired By Adelis Equity Partners* <https://www.socaltech.com/fullstory/0082020.html> San Diego-based Pixelz, which develops AI-powered image editing and retouching for the fashion industry, says it has been acquired by private equity investor Adelis Equity Partners. Financial details of the acquisition were not announced. According to the company, led by CEO Thomas Ladefoged, it will use the acquisition to help accelerate international growth and continued development of its business model. (More... <https://www.socaltech.com/fullstory/0082020.html>) *Rocket Lab Acquires SolAero* <https://www.socaltech.com/fullstory/0082016.html> Long Beach-based Rocket Lab announced late Monday that it has acquired SolAero Holdings, a supplier of solar power products and precision aerospace structures for the global aerospace market. The company said it paid $80M in cash for SolAero. Rocket Lab said the deal will add a production line of high performing, space solar cells to its space systems business. SolAero was founded in 1998, and was headquartered in Albuquerque, New Mexico. (More... <https://www.socaltech.com/fullstory/0082016.html>) *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 *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. *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/ ------------------------------ *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 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 ------------------------------ *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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