*socaltech.com <http://socaltech.com> TechNews - Monday, December 20, 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 * - SkySafe Gains $30M More For Drone Defense <#0082039> - Solotech Buys XR Studios For Virtual Reality <#0082037> - TeleSign To Go Public Via SPAC <#0082035> - Yardi Acquires 42Floors.com <#0082036> - Viasat Wins Contracts With US Navy <#0082038> - Go Disco Launches Entertainment Discovery App <#0082033> - Rivian Plans New Factory In Georgia <#0082032> *Marketplace* - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Monday, December 20, 2021* *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]. *SkySafe Gains $30M More For Drone Defense* <https://www.socaltech.com/fullstory/0082039.html> San Diego-based *SkySafe <https://www.skysafe.com>*, which develops drone defense and airspace security systems, has raised $30M in a Series B funding round, according to the company. The round was led by Kingfisher Investment Advisors, and also included Gaingels, Castor Ventures, plus Andreessen Horowitz. The company says it has now raised $45M in total. The company will use the funding for hiring, R&D, and expanded production. SkySafe is led by CEO and founder Grant Jordan. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=47256>)(More... <https://www.socaltech.com/fullstory/0082039.html>) *Solotech Buys XR Studios For Virtual Reality* <https://www.socaltech.com/fullstory/0082037.html> Los Angeles-based XR Studios, an agency specializing in augmented and virtual reality production, has been acquired by Solotech, a provider of audio, video, lighting, rigging, soft goods, control and collaboration solutions and services for the entertainment industry. Financial details of the acquisition were not annoucned. Solotech said it will use the acquisition to expand its virtual production services in LA, with a dedicated campus for "extended reality" efforts. (More... <https://www.socaltech.com/fullstory/0082037.html>) *TeleSign To Go Public Via SPAC* <https://www.socaltech.com/fullstory/0082035.html> Los Angeles-based *TeleSign <https://www.telesign.com>*, which provides two factor authentication and other related services to businesses--which has been running as a unit of Belgian telecom firm Proximus--is going public via a SPAC, the companies said on Friday. The two said that TeleSign will be acquired by North Atlantic Acquisition Corporation (NAAC), in a deal worth $487M. The deal will value the new company at $1.3 billion. Telesign was acquired by Proximus back in 2017.(More... <https://www.socaltech.com/fullstory/0082035.html>) *Yardi Acquires 42Floors.com* <https://www.socaltech.com/fullstory/0082036.html> Santa Barbara-based Yardi announced this morning that it has acquired 42Floors.com, an online marketing platform for tenants and brokers. Financial details of the acquisition were not announced. Yardi announced that it has redsigned 42Floors to include a new, commercial property search engine featuring more than 320,000 listings nationwide across multiple verticals. 42Floors will become part of Yardi's CommercialEdge network of marketplaces. Yardi said 42Floors. (More... <https://www.socaltech.com/fullstory/0082036.html>) *Viasat Wins Contracts With US Navy* <https://www.socaltech.com/fullstory/0082038.html> Carlsbad-based satellite communications services provider Viasat says it received two new contracts wih the U.S. Navy this morning. According to Viasat, the contracts came from the Navy Exchange Service Command (NEXCOM), to provide Wi-Fi, voice, and TV in Guam plus managed Wi-Fi in Poland. The win is an expansion of existing work that Viasat provides for Unaccompanied Housing (UH), Morale, Welfare and Recreation (MWR) facilities and Navy lodging facilities. (More... <https://www.socaltech.com/fullstory/0082038.html>) *Go Disco Launches Entertainment Discovery App* <https://www.socaltech.com/fullstory/0082033.html> Los Angeles-based Go Disco announced this morning that it has launched a new, experience and entertainment discovery app, which is designed to help individuals find "cool things to do" in their area. The startup, led by co-founder and CEO Sean Conrad, says it offers access to a variety of curated experiences, and currently offers up access to those activities in just Los Angeles. (More... <https://www.socaltech.com/fullstory/0082033.html>) *Rivian Plans New Factory In Georgia* <https://www.socaltech.com/fullstory/0082032.html> Irvine-based electric truck maker < href="https://www.rivian.com";>Rivian, which is still early on in its efforts to develop electric powered trucks, says it plans to set up a new factory in Atlanta, Georgia. The company announced the deal with Georgia Gov. Brian Kemp. Rivian--which has only produced a few electric pickup trucks so far, despite a recent IPO--will harvest a significant economic development package from Georgia for the factory. Terms of that incentive deal were not announced. (More... <https://www.socaltech.com/fullstory/0082032.html>) *KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <https://info.kpmg.us/quantumshift.html>* SHIFT TO A NEW LEVEL OF SUCCESS Welcoming America’s most innovative and promising CEOs to the University of Michigan’s campus in Ann Arbor for a five-day (May 1-6, 2022) learning and peer-to-peer networking experience. QuantumShift is led by faculty from the Stephen M. Ross School of Business and aims to help entrepreneurs improve their leadership approach, inspire their people, and maximize their growth opportunities. Interested in joining the class of 2022? Please apply here: https://info.kpmg.us/quantumshift.html *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/ *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 *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 *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>* 12/17/21 Elementary Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103196> Los Angeles $30.00 M 12/16/21 AvantStay <https://www.socaltech.com/intelligence/?action=showdeal&id=103195> Los Angeles $160.00 M 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 ------------------------------ *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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