*socaltech.com <http://socaltech.com> TechNews - Friday, March 4, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * Tech vs. Media Podcast (https://link.chtbl.com/aKC6DpJG) 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 * - Rivian Retreats On Price Increase <#0082253> - Thatgamecompany Grabs $160M <#0082250> - ServiceTitan Expands Into Construction Market <#0082249> - Musk Warns On Starlink Use In Ukraine <#0082252> - Zadara Extends Partnership With Alfa Romeo F1 Team <#0082251> - M13 Raises $400M Fund <#0082247> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Friday, March 4, 2022* *Tech vs Media Episode 4: Crypto Billionaire Brock Pierce <https://link.chtbl.com/aKC6DpJG>* CurtCo Media Launches its Newest Podcast: Tech vs Media, Hosted by Longtime Tech and Entertainment Veteran, Richard Wolpert (Apple, Disney, RealNetworks, 4x CEO). On Tech vs Media , Richard shares the amazing lessons learned on past, present, and predictions of the future of media and technology, and how these two categories have and will continue to converge or clash. Episode 4: Crypto Billionaire Brock Pierce Walks Us Through Blockchain, Crypto, and NFTs Brock Pierce is one of the most well respected investors in Crypto and he gives us a great bottoms-up explanation of it all, which is a great refresher for experts and even better for those trying to figure out what in the world is Crypto, NFT’s, BlockChain, and more. Link: https://link.chtbl.com/aKC6DpJG *Rivian Retreats On Price Increase* <https://www.socaltech.com/fullstory/0082253.html> Irvine-based Rivian is pulling back on planned price increases after widespread complaints from customers who had signed up to pre-order its upcoming truck and SUV. The retreat came after Rivian announced very significant price increases on both its R1T pickup truck and R1S SUV. Rivian modified its price increase, telling those who had pre-ordered the truck and SUV products before March 1st that the original price on the vehicles would be honored by the company. (More... <https://www.socaltech.com/fullstory/0082253.html>) *Thatgamecompany Grabs $160M* <https://www.socaltech.com/fullstory/0082250.html> Santa Monica-based videogame developer Thatgamecompany, which develops mobile games, has raised $160M in a funding round, the company said on Thursday. The funding came from TPG and Sequoia. The company develops game worlds such as Sky and Journey, and was founded by Jenova Chen and Kellee Santiago back in 2006. As part of the funding, the company said it has added Pixar co-founder Ed Catmull as an advisor. The company is led by CEO Jenova Chen. (More... <https://www.socaltech.com/fullstory/0082250.html>) *ServiceTitan Expands Into Construction Market* <https://www.socaltech.com/fullstory/0082249.html> Los Angeles-based cloud-based software developer ServiceTitan said this week that it is expanding into the construction market, adding a number of capabilities focused on helping trades-focused subcontractors integrate construction projects. ServiceTitan said the expansion comes on top of recent expansion also into the landscaping and pest control industry. As part of the expansion into construction, the company said it has named Sendur Sellakumar as SVP of Commercial and Construction. (More... <https://www.socaltech.com/fullstory/0082249.html>) *Musk Warns On Starlink Use In Ukraine* <https://www.socaltech.com/fullstory/0082252.html> Elon Musk--who has shipped a significant number of Starlink satellite Internet terminals into the country of Ukraine, in response to please to help the country, has warned users that they can potentially be targeted by the Russian military since the systems are the only working non-Russian communications in parts of the country. The warnings come after security researchers warned of Russia's prior experience in finding and targeting satellite communications for airstrikes. (More... <https://www.socaltech.com/fullstory/0082252.html>) *Zadara Extends Partnership With Alfa Romeo F1 Team* <https://www.socaltech.com/fullstory/0082251.html> Irvine-based cloud storage technology developer *Zadara <https://www.zadara.com>* said this week that it has been selected as the "official cloud supplier" of the Alfa Romeo F1 Team *ORLEN*. Financial details of the sponsorship deal were not announced. Zadara is one of the sponsors of the Alfa Romeo F1 Team ORLEN team. Sauber Motorsport manages and operates the Alfa Romeo F1 Team ORLEN. The company said it will provide its cloud services to the team as part of the deal.(More... <https://www.socaltech.com/fullstory/0082251.html>) *M13 Raises $400M Fund* <https://www.socaltech.com/fullstory/0082247.html> Los Angeles-based venture capital investor M13 announced this morning that it has raised $400M in its third venture capital fund. The company said the fund was oversubscribed, and exceeded its initial $275M target. The company says it is investing in early-stage founding teams, and targeting companies working on the "future of consumer behavior in work, commerce, health, and money. (More... <https://www.socaltech.com/fullstory/0082247.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 *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/ *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>* 2/22/22 Fama Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103209> Los Angeles $10.00 M 2/17/22 Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208> Beverly Hills $200.00 M 2/17/22 Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207> Los Angeles $6.00 M 2/15/22 Telgorithm <https://www.socaltech.com/intelligence/?action=showdeal&id=103206> Northridge $3.80 M 2/11/22 Sekr <https://www.socaltech.com/intelligence/?action=showdeal&id=103205> San Diego $2.25 M 2/09/22 Happy Money <https://www.socaltech.com/intelligence/?action=showdeal&id=103203> Tustin $50.00 M 2/09/22 Complyant <https://www.socaltech.com/intelligence/?action=showdeal&id=103204> Los Angeles $5.50 M 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 ------------------------------ *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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