*socaltech.com <http://socaltech.com> TechNews - Wednesday, April 13, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
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KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Elon Musk Sued Over Twitter Investment <#0082390> - Genies Raises $150M, Joins Unicorn Club <#0082389> - 9am.health Gets $16M For Virtual Diabetes Care <#0082386> - Halozyme Acquires Antares Pharma <#0082387> - Flume Launches Enterprise Water Data Unit <#0082388> *Marketplace* - Tech vs Media Episode 8: The First Lady of Crypto <#ad788> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Support Our News Coverage - Become A Member Today! <#ad680> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Accelerating Growth For Early Stage Innovation. <#ad764> *Wednesday, April 13, 2022* *Elon Musk Sued Over Twitter Investment* <https://www.socaltech.com/fullstory/0082390.html> Elon Musk, the CEO of Hawthorne-based SpaceX, has been sued over the timing of his announcement of his major investment in Twitter. Musk--who officially now lives in Texas but still spends much of his time in Los Angeles at SpaceX--recently became Twitter's largest individual shareholder. (More... <https://www.socaltech.com/fullstory/0082390.html>) *Genies Raises $150M, Joins Unicorn Club* <https://www.socaltech.com/fullstory/0082389.html> Los Angeles-based *Genies <https://linktr.ee/Genies>*, a company that develops avatars and avatar creation tools for celebrities and others, has raised $150M in a funding round, which the company says gives it a valuation of above $1 billion. The funding was led by Silver Lake, and also included Bond, NEA, and Tamarack Global. The company uses the blockchain for powering its tools, which lets users create their own avatars, fashion accessories, homes, and more.(More... <https://www.socaltech.com/fullstory/0082389.html>) *9am.health Gets $16M For Virtual Diabetes Care* <https://www.socaltech.com/fullstory/0082386.html> San Diego-based 9am.health, which provides personalized treatment plans and other virtual care services for those with diabetes, has raised $16M in its Series A round, the company said today. The round was co-led by 7Wire Ventures and Human Capital and included new investors StartUp Health and Leaps by Bayer, plus existing investors Define Ventures and Founders Fund. The company says it has now raised $20M in total. 9am. (More... <https://www.socaltech.com/fullstory/0082386.html>) *Halozyme Acquires Antares Pharma* <https://www.socaltech.com/fullstory/0082387.html> San Diego-based *Halozyme Therapeutics <https://www.halozyme.com>* announced today that it has acquired *Antares Pharma*, a publicly held company which develops auto-injectors for medication. The company said it has agreed to pay $5.60 per share in cash for Antares, which values Antares at approximately $960M. The boards of both companies have approved the acquisition deal. Halozyme trades ont he NASDAQ as HALO, and Antares Pharma trades on the NASDAQ at ATRS.(More... <https://www.socaltech.com/fullstory/0082387.html>) *Flume Launches Enterprise Water Data Unit* <https://www.socaltech.com/fullstory/0082388.html> S (More... <https://www.socaltech.com/fullstory/0082388.html>) *Tech vs Media Episode 8: The First Lady of Crypto <https://link.chtbl.com/aKC6DpJG>* 'The First Lady of Crypto' Crystal Rose Pierce Forecasts Her Top Crypto Picks and the Legitimacy of NFTs How did an anonymous 11 year old in an AOL chatroom become the 'First Lady of Crypto'? Crystal Rose Pierce discusses her inspiring rise in the technology industry, breaks down what NFTs are - and why they are here to stay - and shares her predictions for the next big crypto coin. https://link.chtbl.com/aKC6DpJG *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]. *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 *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 *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 ------------------------------ *Recent Funding <#funding>* 4/12/22 Studio <https://www.socaltech.com/intelligence/?action=showdeal&id=103214> Los Angeles $50.00 M 3/23/22 Gamefam <https://www.socaltech.com/intelligence/?action=showdeal&id=103212> Los Angeles $25.00 M 3/23/22 Subject <https://www.socaltech.com/intelligence/?action=showdeal&id=103213> Los Angeles $29.40 M 3/10/22 Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103211> Irvine $150.00 M 3/10/22 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=103210> El Segundo $25.00 M 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 ------------------------------ *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). 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