*socaltech.com <http://socaltech.com> TechNews - Wednesday, January 19, 2022* 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 * - Parallel Systems Picks Up $49.55M For Autonomous Trains <#0082104> - FastSpring Expands To Ireland, Names New VP <#0082103> - Mythical Games Acquires Polystream <#0082100> - Rocket Lab Completes SolAero Acquisition <#0082101> - The Trade Desk Names Apple Mac Pioneer To Board <#0082102> - Griffin Gaming Partners Backs Mobile Game Developer Spyke <#0082099> *Marketplace* - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, January 19, 2022* *Preccelerator U: The 7 Imperatives of Startup, Scaleup & Funding - Jan 25 <https://stubbsalderton.com/preccelerator-u-the-7-imperatives-of-startup-scaleup-funding/>* Join Preccelerator U for our next workshop: The 7 Imperatives of Startup, Scaleup & Funding. This free webinar will feature Tony Cristiano of Pivotal Arc. Tony will discuss seven of the most important business components to consider as a startup or when expanding your business into an adjacent segment, from a flagship sales & marketing perspective. Preccelerator® U Workshop With Tony Cristiano of Pivotal Arc Tuesday, January 25, 2022 12:00-1:30 PM PST See https://stubbsalderton.com/preccelerator-u-the-7-imperatives-of-startup-scaleup-funding/ *Parallel Systems Picks Up $49.55M For Autonomous Trains* <https://www.socaltech.com/fullstory/0082104.html> Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule. The company's founders are engineers from SpaceX, Google, and Tesla. (More... <https://www.socaltech.com/fullstory/0082104.html>) *FastSpring Expands To Ireland, Names New VP* <https://www.socaltech.com/fullstory/0082103.html> Santa Barbara-based FastSpring, which develops e-commerce software used by software-as-a-service companies to manage sales and VAT taxes, prevent fraud, and more, says it has opened up new operations in Belfast, Ireland. The company also said it has appointed Mansoor Bajowala as the VP of Global Customer Operations to manage those operations. Bajowala was most recently General Manager and VP of Sales and Operations for Omnitracs, a developer of fleet management software. (More... <https://www.socaltech.com/fullstory/0082103.html>) *Mythical Games Acquires Polystream* <https://www.socaltech.com/fullstory/0082100.html> Los Angeles-based game publishing company Mythical Games, a venture-backed game company which recently raised $150M in a round led by Andreessen Horowitz, said Tuesday that it has acquired Polystream, a developer of an interactive 3D content streaming platform. Financial terms of the acquisition were not announced. Polystream's technology helps reduce the size of game client software and allows players to more quickly start playing a game, rather than waiting for a long download. (More... <https://www.socaltech.com/fullstory/0082100.html>) *Rocket Lab Completes SolAero Acquisition* <https://www.socaltech.com/fullstory/0082101.html> Long Beach-based *Rocket Lab <https://www.rocketlabusa.com>* said Tuesday afternoon that it has completed its acquisition of *SolAero Holdings*. The deal was worth $80M in cash. SolAero Holdings is a manufacturer of solar power technology and aerospace structures for use in space. Rocket Lab says SolAero's space solar cells are used in civil space exploration, science, defense and intelligence, and commercial markets.(More... <https://www.socaltech.com/fullstory/0082101.html>) *The Trade Desk Names Apple Mac Pioneer To Board* <https://www.socaltech.com/fullstory/0082102.html> Ventura-based advertising technology developer The Trade Desk has added an early, Apple Computer pionner to its board of directors, according to the company. The Trade Desk said that Andrea "Andy" Cunningham, who helped launch the Apple Macintosh early in her career, has joined its board as an independent director. (More... <https://www.socaltech.com/fullstory/0082102.html>) *Griffin Gaming Partners Backs Mobile Game Developer Spyke* <https://www.socaltech.com/fullstory/0082099.html> Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Griffin is led by Peter Levin, Phil Sanderson and Nick Tuosto. Spyke's team comes from Peak Games, Zynga and Riot Games. The company's CEO, Rina Onur Sirinoglu, was the founder of a mobile gaming firm, Peak Games, which Zynga acquired for $1. (More... <https://www.socaltech.com/fullstory/0082099.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 *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]. *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. *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>* 1/13/22 Masters <https://www.socaltech.com/intelligence/?action=showdeal&id=103199> Los Angeles $2.70 M 1/13/22 HeyRenee <https://www.socaltech.com/intelligence/?action=showdeal&id=103200> Los Angeles $4.40 M 1/12/22 Jaanuu <https://www.socaltech.com/intelligence/?action=showdeal&id=103198> El Segundo $75.00 M 1/04/22 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=103197> Santa Monica $75.00 M 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 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 ------------------------------ *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. 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 *socaltech.com <http://socaltech.com> TechNews - Wednesday, January 19, 2022* 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 * - Parallel Systems Picks Up $49.55M For Autonomous Trains <#0082104> - FastSpring Expands To Ireland, Names New VP <#0082103> - Mythical Games Acquires Polystream <#0082100> - Rocket Lab Completes SolAero Acquisition <#0082101> - The Trade Desk Names Apple Mac Pioneer To Board <#0082102> - Griffin Gaming Partners Backs Mobile Game Developer Spyke <#0082099> *Marketplace* - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, January 19, 2022* *Preccelerator U: The 7 Imperatives of Startup, Scaleup & Funding - Jan 25 <https://stubbsalderton.com/preccelerator-u-the-7-imperatives-of-startup-scaleup-funding/>* Join Preccelerator U for our next workshop: The 7 Imperatives of Startup, Scaleup & Funding. This free webinar will feature Tony Cristiano of Pivotal Arc. Tony will discuss seven of the most important business components to consider as a startup or when expanding your business into an adjacent segment, from a flagship sales & marketing perspective. Preccelerator® U Workshop With Tony Cristiano of Pivotal Arc Tuesday, January 25, 2022 12:00-1:30 PM PST See https://stubbsalderton.com/preccelerator-u-the-7-imperatives-of-startup-scaleup-funding/ *Parallel Systems Picks Up $49.55M For Autonomous Trains* <https://www.socaltech.com/fullstory/0082104.html> Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule. The company's founders are engineers from SpaceX, Google, and Tesla. (More... <https://www.socaltech.com/fullstory/0082104.html>) *FastSpring Expands To Ireland, Names New VP* <https://www.socaltech.com/fullstory/0082103.html> Santa Barbara-based FastSpring, which develops e-commerce software used by software-as-a-service companies to manage sales and VAT taxes, prevent fraud, and more, says it has opened up new operations in Belfast, Ireland. The company also said it has appointed Mansoor Bajowala as the VP of Global Customer Operations to manage those operations. Bajowala was most recently General Manager and VP of Sales and Operations for Omnitracs, a developer of fleet management software. (More... <https://www.socaltech.com/fullstory/0082103.html>) *Mythical Games Acquires Polystream* <https://www.socaltech.com/fullstory/0082100.html> Los Angeles-based game publishing company Mythical Games, a venture-backed game company which recently raised $150M in a round led by Andreessen Horowitz, said Tuesday that it has acquired Polystream, a developer of an interactive 3D content streaming platform. Financial terms of the acquisition were not announced. Polystream's technology helps reduce the size of game client software and allows players to more quickly start playing a game, rather than waiting for a long download. (More... <https://www.socaltech.com/fullstory/0082100.html>) *Rocket Lab Completes SolAero Acquisition* <https://www.socaltech.com/fullstory/0082101.html> Long Beach-based *Rocket Lab <https://www.rocketlabusa.com>* said Tuesday afternoon that it has completed its acquisition of *SolAero Holdings*. The deal was worth $80M in cash. SolAero Holdings is a manufacturer of solar power technology and aerospace structures for use in space. Rocket Lab says SolAero's space solar cells are used in civil space exploration, science, defense and intelligence, and commercial markets.(More... <https://www.socaltech.com/fullstory/0082101.html>) *The Trade Desk Names Apple Mac Pioneer To Board* <https://www.socaltech.com/fullstory/0082102.html> Ventura-based advertising technology developer The Trade Desk has added an early, Apple Computer pionner to its board of directors, according to the company. The Trade Desk said that Andrea "Andy" Cunningham, who helped launch the Apple Macintosh early in her career, has joined its board as an independent director. (More... <https://www.socaltech.com/fullstory/0082102.html>) *Griffin Gaming Partners Backs Mobile Game Developer Spyke* <https://www.socaltech.com/fullstory/0082099.html> Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Griffin is led by Peter Levin, Phil Sanderson and Nick Tuosto. Spyke's team comes from Peak Games, Zynga and Riot Games. The company's CEO, Rina Onur Sirinoglu, was the founder of a mobile gaming firm, Peak Games, which Zynga acquired for $1. (More... <https://www.socaltech.com/fullstory/0082099.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 *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]. *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. *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>* 1/13/22 Masters <https://www.socaltech.com/intelligence/?action=showdeal&id=103199> Los Angeles $2.70 M 1/13/22 HeyRenee <https://www.socaltech.com/intelligence/?action=showdeal&id=103200> Los Angeles $4.40 M 1/12/22 Jaanuu <https://www.socaltech.com/intelligence/?action=showdeal&id=103198> El Segundo $75.00 M 1/04/22 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=103197> Santa Monica $75.00 M 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 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 ------------------------------ *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. 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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