*socaltech.com <http://socaltech.com> TechNews - Wednesday, March 9, 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 * - UCLA Anderson: More Uncertainty As Russia-Ukraine War Ramps <#0082267> - Gumball Gets $10M For Podcasting Advertising <#0082265> - Wavemaker Raises $136M Fund In Southeast Asia <#0082264> - Creyon Bio Gets $40M For Precision Medicine <#0082266> - Clearlake Capital Buys Discovery Education <#0082268> - Griffin Gaming Partners Raises $750M Fund <#0082259> *Marketplace* - Tech vs. Media Episode 5: Creating Content on a Global Basis <#ad785> - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pacific Western Bank, Venture Banking Group <#ad749> - Support Our News Coverage - Become A Member Today! <#ad680> *Wednesday, March 9, 2022* *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 *UCLA Anderson: More Uncertainty As Russia-Ukraine War Ramps* <https://www.socaltech.com/fullstory/0082267.html> A new report from the UCLA Anderson Forecast says that--unfortunately--Russia's invasion of Ukraine has injected more uncertainty into the U.S. and California economies, just as things were heading back to "normal" after two years of a pandemic. The national economic forecast by UCLA Anderson said that the events in Ukraine have "injected a new sense of uncertainty and risk into the forecast". (More... <https://www.socaltech.com/fullstory/0082267.html>) *Gumball Gets $10M For Podcasting Advertising* <https://www.socaltech.com/fullstory/0082265.html> Los Angeles-based Gumball, a startup which lets advertisers place ads on podcasts, has raised $10M in a Series A funding. The funding came from Union Square Ventures and Good Friends, as well as Craft Ventures, Vertical Venture Partners, Animal Capital, Calm Ventures, Gaingels, and Riverside Ventures. The startup says it is offering up a way for advertisers to buy "host-read" ads in podcasts, which is similar to how advertising often works on conventional radio. (More... <https://www.socaltech.com/fullstory/0082265.html>) *Wavemaker Raises $136M Fund In Southeast Asia* <https://www.socaltech.com/fullstory/0082264.html> Los Angeles- and Singapore-based Wavemaker Partners has closed a new, $136M venture capital fund, focused on investing in startups in Southeast Asia. The firm--which has funds both focused on the U.S. as well as Southeast Asia--said that limited partners in the new fund included Temasek Holdings Pte, Pavilion Capital, International Finance Corp. and Vulcan Capital. The firm now has more than $300M under management. The fund is its fourth fund. (More... <https://www.socaltech.com/fullstory/0082264.html>) *Creyon Bio Gets $40M For Precision Medicine* <https://www.socaltech.com/fullstory/0082266.html> San Diego- and Research Triangle Park, NC-based Creyon Bio said Tuesday that it has raised $40M in a funding round. The funding was led by DCVC Bio and Lux Capital, along with Casdin Capital, Alexandria Venture Investments, and BioBrit. The company said the new funds go towards its platform and expanding its team. The company says it is developing a drug development platform which created data sets used for oligonucleotide-based medicines, ideal for treating rare or common diseases. (More... <https://www.socaltech.com/fullstory/0082266.html>) *Clearlake Capital Buys Discovery Education* <https://www.socaltech.com/fullstory/0082268.html> Santa Monica-based private equity investor Clearlake Capital announced this morning that it is acquiring Discovery Education, a developer of educational software, from another private equity investor, Francisco Partners. Financial details of the acquisition were not announced. According to Clearlake Capital, it will become majority shareholder in Discovery Education, with Francisco Partners retaining a minority equity stake. (More... <https://www.socaltech.com/fullstory/0082268.html>) *Griffin Gaming Partners Raises $750M Fund* <https://www.socaltech.com/fullstory/0082259.html> Santa Monica-based Griffin Gaming Partners announced on Monday that it has closed a new, $750M investment fund focused on the video game indutry. The new fund is led by Phil Sanderson, Peter Levin, and Nick Tuosto. The firm says it now has more than $1M under management, including an earlier, $235M fund it raised in 2020. Griffin says it is investing "at the intersection of Content, Software Infrastructure, Social Platforms, and gaming-related Web3 companies. (More... <https://www.socaltech.com/fullstory/0082259.html>) *Tech vs. Media Episode 5: Creating Content on a Global Basis <https://podcasts.apple.com/us/podcast/tech-vs-media/id1606444841>* Tech vs Media Episode 5: Creating Content on a Global Basis with guest Christy Haubeggar, EVP and Chief Inclusion Officer at Warner Media One of the most powerful women in entertainment explains how Warner Media is moving into the future with HBOMAX, CNN, Warner Brothers, TNT, Cartoon Network and more. And how they are choosing diversity because it drives bigger audiences, not only because it's the right thing to do! Listen to the newest episode on href=" https://podcasts.apple.com/us/podcast/tech-vs-media/id1606444841";>Apple, Spotify <https://open.spotify.com/show/3oiHCYLkLqPpr2aO7GlkEt>, href=" https://www.google.com/podcasts?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNGZhYjM2NjMtYmMwZS00MmRhLWJjYTEtYWI2ODAwMGViMTA5LzhmMzQ2NjE4LTRlYTMtNDI0Ni04ODFkLWFlMjQwMTNhOGU3Yy85Nzc4ZmIwNS0wYTAwLTQ3NjEtOGY1ZC1hZTI0MDE0MDk2YmUvcG9kY2FzdC5yc3M%3d ">Google, href=" https://music.amazon.com/podcasts/cbe66668-37d8-4c9b-abda-e9f67c1ae493/tech-vs-media ">Amazon, and Stitcher <https://www.stitcher.com/show/tech-vs-media>. *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 *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 *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]. *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership ------------------------------ *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 Complyant <https://www.socaltech.com/intelligence/?action=showdeal&id=103204> Los Angeles $5.50 M 2/09/22 Happy Money <https://www.socaltech.com/intelligence/?action=showdeal&id=103203> Tustin $50.00 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. 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 mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
