*socaltech.com <http://socaltech.com> TechNews - Friday, April 22, 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 * - Wallaby Medical Acquires Phenox <#0082420> - TrueCar Names Chief People Officer <#0082419> - Clearlake's Precisely Gets New Funding <#0082421> - IDrive Adds Amazon S3 Compatible Storage <#0082422> - Chipotle Launches $50M Venture Fund, Cultivate Next <#0082417> *Marketplace* - Tech vs Media Episode 09: From MTV To NPR To Riot Games, Learning From Jarl Mohn <#ad789> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Friday, April 22, 2022* *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $40 billion in assets and 69 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. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or reach out to Britt Nelson at [email protected]. *Wallaby Medical Acquires Phenox* <https://www.socaltech.com/fullstory/0082420.html> Laguna Hills-based medical technology company Wallaby Medical said on Thursday that it has acquired phenox GmbH, a German company developing technology in the neurovascular area. According to the company, it is paying approximately EUR 500 million for phenox. According to Wallaby, Prof. Dr.-Ing. Hermann Monstadt, Founder of phenox, will assume the role of Managing Director of phenox. Wallaby Medical is developing and commercializing neurovascular interventional products for treating stroke. ( More... <https://www.socaltech.com/fullstory/0082420.html>) *TrueCar Names Chief People Officer* <https://www.socaltech.com/fullstory/0082419.html> Santa Monica-based online new and used vehicle marketplace TrueCar says it has named a new Chief People Officer. According to the company, it has appointed Jill Angel as its new Chief People Officer, reporting to Mike Darrow, the President and CEO of the company. (More... <https://www.socaltech.com/fullstory/0082419.html>) *Clearlake's Precisely Gets New Funding* <https://www.socaltech.com/fullstory/0082421.html> Burlington, Mass-based Precisely, a developer of data integrity software, which is backed by Santa Monica-based private equity investor Clearlake Capital Group, has received new funding. According to the company, Insight Partners and Partners Group have joined Clearlake, TA Associates and Centerbridge Partners, to back the company in a strategic funding. The details of the strategic investment were not announced. Clearlake and TA Associates acquired Precisely in 2021. (More... <https://www.socaltech.com/fullstory/0082421.html>) *IDrive Adds Amazon S3 Compatible Storage* <https://www.socaltech.com/fullstory/0082422.html> Los Angeles-based cloud storage provider IDrive Backup says that it has added new, Amazon S3 compatible storage, through a new sevice it calls IDrive e2. The company said the new service is free for the first 10GB of data, and additional storage starting at $0.004/GB/month. IDrive said it is aiming its service at hosting applications, media workflow, gaming assets, e-commerce resources, and other large volumes of data. (More... <https://www.socaltech.com/fullstory/0082422.html>) *Chipotle Launches $50M Venture Fund, Cultivate Next* <https://www.socaltech.com/fullstory/0082417.html> Newport Beach-based Chipotle has launched a new, $50M venture capital fund, which it says will make early-stage investments in seed to Series-B companies. The fast casual restaurant chain said the new "Cultivate Next" venture fund will be funded entirely by the restaurant chain, and initially focus on startups who are developing technology and innovation for its restaurants. The new venture unit was announced by Chipotle Chief Technology Officer Curt Garner. (More... <https://www.socaltech.com/fullstory/0082417.html>) *Tech vs Media Episode 09: From MTV To NPR To Riot Games, Learning From Jarl Mohn <https://link.chtbl.com/aKC6DpJG>* Tech vs Media Episode 09: >From MTV, to running NPR, to investing in Riot Games, learn from the industry master Jarl Mohn Former NPR CEO Jarl Mohn recounts some of the most pivotable portions of his career which were in turn pivotal for all of us who are consumers of entertainment Listen here: https://link.chtbl.com/aKC6DpJG *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 *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. *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 *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>* 4/15/22 Obsidian Security <https://www.socaltech.com/intelligence/?action=showdeal&id=103217> Newport Beach $90.00 M 4/14/22 Welcome Tech <https://www.socaltech.com/intelligence/?action=showdeal&id=103216> Los Angeles $30.00 M 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 ------------------------------ *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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