*socaltech.com <http://socaltech.com> TechNews - Monday, February 7, 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 * - Tripp Acquires EvolVR <#0082167> - $1.1 Billion Caltech Patent Win Vacated, New Trial Ordered <#0082166> - DoubleCheck Solutions In Credit Union Reseller Deal <#0082165> - Cue Health To Provide Tests To Johns Hopkins <#0082164> - Triller, Job.com Partner On Video Resumes <#0082163> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Monday, February 7, 2022* *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 *Tripp Acquires EvolVR* <https://www.socaltech.com/fullstory/0082167.html> Los Angeles-based Tripp, a company developing virtual reality wellness and "digital psychedelics", said last week that it has acquired VR meditation community EvolVR. Financial details of the acquisition were not announced. According to the two, EvolVR has more than 40,000 users who use their virtual reality systems for meditation. Tripp's services include using VR to "facilitate psychedelic journeys"; the company is led by CEO and founder Nanea Reeves. (More... <https://www.socaltech.com/fullstory/0082167.html>) *$1.1 Billion Caltech Patent Win Vacated, New Trial Ordered* <https://www.socaltech.com/fullstory/0082166.html> A historic, $1.1 billion patent infringement award that Caltech had won against Apple and Broadcom was vacated by a judge on Friday, and a new trial ordered. The $1.1 billion award was vacated by a judge for the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., who said the award was "not supported by evidence". The patent battle between Caltech and Apple and Broadcom has been raging since 2016, when Caltech sued the two over its data transmission patents. (More... <https://www.socaltech.com/fullstory/0082166.html>) *DoubleCheck Solutions In Credit Union Reseller Deal* <https://www.socaltech.com/fullstory/0082165.html> Los Angeles-based fintech company DoubleCheck Solutions, which provides overdraft and non-sufficient funds (NSF) software, says it has inked a strategic reseller agreement with a company focused on credit unions. According to the company, it has partnered with Vizo Financial Corporate Credit Union to provide member credit unions with a new service enabling members to manage their NSF transactions before any payments bounce. Joel Schwartz is founder and co-CEO of DoubleCheck Solutions. (More... <https://www.socaltech.com/fullstory/0082165.html>) *Cue Health To Provide Tests To Johns Hopkins* <https://www.socaltech.com/fullstory/0082164.html> San Diego-based healthcare technology developer *Cue Health <https://www.cuehealth.com>* said it is providing its molecular COVID-19 tests to Johns Hopkins Medicine (JHM), to help Johns Hopkins manage health and well-being among its employees. Financial details of the deal were not announced. Cue Health says its technology uses molecular nucleic acid amplification technology (NAAT), and provides its results to connected mobile devices in 20 minutes.(More... <https://www.socaltech.com/fullstory/0082164.html>) *Triller, Job.com Partner On Video Resumes* <https://www.socaltech.com/fullstory/0082163.html> Los Angeles-based Triller, the social video sharing service, and online job recruiting site Job.com said on Friday that the two have partnered to allow Triller users to discover and apply for open positions with a video resume, rather than the traditional resume. According to the companies, they will use video transcription and AI matching to match Triller users to relevant jobs based on interests, skills, and desired roles. (More... <https://www.socaltech.com/fullstory/0082163.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/ *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]. *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]. *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 ------------------------------ *Recent Funding <#funding>* 2/03/22 Platform Science, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103202> San Diego $115.00 M 1/27/22 Matters Lab <https://www.socaltech.com/intelligence/?action=showdeal&id=103201> Los Angeles $2.00 M 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 Huckleberry Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103186> Irvine $12.50 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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