*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 11, 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 * - Faye Finds $8M For Travel Insurance <#0082485> - Prismpop Picks Up $5M For Social Shopping <#0082486> - Report: Canoo May Not Have Enough Money To Stay In Business <#0082487> - OStream Gets With With Department Of Defense <#0082489> - BLAZE Acquires Greenline <#0082488> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Tech vs. Media Episode 5: Creating Content on a Global Basis <#ad785> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Wednesday, May 11, 2022* *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 *Faye Finds $8M For Travel Insurance* <https://www.socaltech.com/fullstory/0082485.html> A new, Los Angeles-based travel startup, *Faye <https://www.withfaye.com>* announced this morning that it has raised $8M in its seed funding, led by Viola Ventures and F2 Venture Capital. The startup says it is providing travel insurance via an app. According to the company, it is providing "whole-trip" insurance that covers trips, health, belongings, and even pets. The company is led by co-founder and CEO Elad Schaffer, along with co-founder and CTO Daniel Green.(More... <https://www.socaltech.com/fullstory/0082485.html>) *Prismpop Picks Up $5M For Social Shopping* <https://www.socaltech.com/fullstory/0082486.html> Pasadena-based Prismpop announced this morning that it has raised $5M in seed funding, which was led by Female Founders Fund, Foundation Capital, Revolution Capital, Plum Ventures, Mucker Capital and Uphonest Capital, including an earlier seed funding from Unshackled Ventures, Alumni Ventures Group, Sequoia Capital (Scout Fund), Plug and Play, and others. The startup is led by CEO and founder, Peggie Li. The company said it was originally incubated at Mucker Capital. (More... <https://www.socaltech.com/fullstory/0082486.html>) *Report: Canoo May Not Have Enough Money To Stay In Business* <https://www.socaltech.com/fullstory/0082487.html> Canoo, the pie-in-the-sky electric vehicle startup which fled Los Angeles for Arkansas in June of 2021, apparently "may not have enough money to stay in business", according to a report. The report, from TechCrunch, says Canoo has been burning through cash and has no near-term revenue, and is currently grappling with the exit of its co-founders, legal issues, an SEC investigation and production delays. (More... <https://www.socaltech.com/fullstory/0082487.html>) *OStream Gets With With Department Of Defense* <https://www.socaltech.com/fullstory/0082489.html> Lake Forest-based *OStream <https://www.ostream.com>, a developer of artificial intelligence for vision recognition, says its products are being deployment by the U.S. Department of Defense. The company did not say what kind of contracts are involved, or how much they are worth. According to the company, its products are being used by the Department of the Navy at the Port of Hueneme, and other sites. OStream is led by CEO Kerry Shih.(More... <https://www.socaltech.com/fullstory/0082489.html>) BLAZE Acquires Greenline <https://www.socaltech.com/fullstory/0082488.html>Newport Beach-based cannabis software developer BLAZE Solutions said on Tuesday that it has acquired a Canadian software compaany, Greenline. Financial terms of the acquisition were not announced. Greenline is based in Vancouver, and builds point-of-sale (POS) software for dispenaries. BLAZE said the acquisition will help it to better serve its international clients, while also enabling the Company to gain experience operating in Canada's federally regulated marketplace. (More... <https://www.socaltech.com/fullstory/0082488.html>) 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]. 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 <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 <https://www.google.com/podcasts?feed=aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNGZhYjM2NjMtYmMwZS00MmRhLWJjYTEtYWI2ODAwMGViMTA5LzhmMzQ2NjE4LTRlYTMtNDI0Ni04ODFkLWFlMjQwMTNhOGU3Yy85Nzc4ZmIwNS0wYTAwLTQ3NjEtOGY1ZC1hZTI0MDE0MDk2YmUvcG9kY2FzdC5yc3M%3d>">Google, href="https://music.amazon.com/podcasts/cbe66668-37d8-4c9b-abda-e9f67c1ae493/tech-vs-media <https://music.amazon.com/podcasts/cbe66668-37d8-4c9b-abda-e9f67c1ae493/tech-vs-media>">Amazon, and Stitcher <https://www.stitcher.com/show/tech-vs-media>. 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] <[email protected]> www.socalip.com <http://www.socalip.com> 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 <http://www.pacwest.com/lending-solutions/venture-lending>, or reach out to Britt Nelson at [email protected] <[email protected]>. 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] <[email protected]> to start a conversation or visit our website https://networkthinking.com/devops/ <https://networkthinking.com/devops/> * * ------------------------------ Recent Funding <#funding> 5/11/22PrismPop <https://www.socaltech.com/intelligence/?action=showdeal&id=103221>Pasadena$5.00 M5/09/22AskGene <https://www.socaltech.com/intelligence/?action=showdeal&id=103220>Camarillo$20.00 M5/02/22LinearB <https://www.socaltech.com/intelligence/?action=showdeal&id=103219>Santa Monica$50.00 M4/15/22Obsidian Security <https://www.socaltech.com/intelligence/?action=showdeal&id=103217>Newport Beach$90.00 M4/14/22Welcome Tech <https://www.socaltech.com/intelligence/?action=showdeal&id=103216>Los Angeles$30.00 M4/12/22Studio <https://www.socaltech.com/intelligence/?action=showdeal&id=103214>Los Angeles$50.00 M3/23/22Gamefam <https://www.socaltech.com/intelligence/?action=showdeal&id=103212>Los Angeles$25.00 M3/23/22Subject <https://www.socaltech.com/intelligence/?action=showdeal&id=103213>Los Angeles$29.40 M3/10/22Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103211>Irvine$150.00 M3/10/22Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=103210>El Segundo$25.00 M2/22/22Fama Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103209>Los Angeles$10.00 M2/17/22Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208>Beverly Hills$200.00 M2/17/22Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207>Los Angeles$6.00 M2/15/22Telgorithm <https://www.socaltech.com/intelligence/?action=showdeal&id=103206>Northridge$3.80 M ------------------------------ Upcoming Events Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html <http://www.socaltech.com/submitevent.html> ------------------------------ Recent Job Postings More jobs at http://www.socaltech.com/Jobs <http://www.socaltech.com/Jobs> ------------------------------ ------------------------------ Sponsored By Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com <http://www.stubbsalderton.com>). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html <http://home.kpmg/us/en/home/about/offices/los-angeles-1.html>) Level up with KPMG Email [email protected] <[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. 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