*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 31, 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 * - Bonfire Ventures Raises $230M In Two New Funds <#0082553> - Go Global Retail Buys Brums Milano Fashion Brand <#0082552> - Kareo and PatientPop Win New Client In WA <#0082549> - NFINIT Invests $8M In Data Center <#0082551> - iBASEt Names Chief Revenue Officer <#0082550> - Rael Raises $35M For Feminine Care <#0082548> *Marketplace* - Pacific Western Bank, Venture Banking Group <#ad749> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Recurring Revenue Conference - June 23, 2022 <#ad791> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Tuesday, May 31, 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 *Bonfire Ventures Raises $230M In Two New Funds* <https://www.socaltech.com/fullstory/0082553.html> Los Angeles-based venture capital investor Bonfire Ventures disclosed today that it has raised two new funds, worth a total of $230M. According to the firm, the investment includes $168M in a new, core seed funding, and a "second opportunity" fund worth $63M. Bonfire Ventures is led by managing directors Jim Andelman and Mark Mullen, along with Brett Queener. Bonfire Ventures makes investments in seed stage, B2B companies, typically in the software area, and typically leads its rounds. (More... <https://www.socaltech.com/fullstory/0082553.html>) *Go Global Retail Buys Brums Milano Fashion Brand* <https://www.socaltech.com/fullstory/0082552.html> Los Angeles-based investor Go Global Retail said today that it is acquiring Brums Milano, a premium children's brand based in Italy. Financial details of the acquisition were not announced. Brums Milano sells apparel, footwear, and accessories, both online and at retail locations across Italy. Go Global Retail is acquiring apparel brands, and previously acquired Janie and Jack from Gap Inc. (More... <https://www.socaltech.com/fullstory/0082552.html>) *Kareo and PatientPop Win New Client In WA* <https://www.socaltech.com/fullstory/0082549.html> Irvine-based cloud-based clinical and practice management software developer *Kareo <https://www.kareo.com>*, along with recently merged *PatientPop <https://www.patientpop.com>*, said the company has scored a win with a company in Washington state. According to the two, they have signed up Bellevue Pain and Wellness, PLLC as a customer. Financial impact of the win was not announced. Kareo and PatientPop merged in 2021, forming a new company called Tebra.(More... <https://www.socaltech.com/fullstory/0082549.html>) *NFINIT Invests $8M In Data Center* <https://www.socaltech.com/fullstory/0082551.html> San Diego-based *NFINIT <https://www.nfinit.com>*, a provider of data center, colocation, and cloud services, said it is investing $8M in a data center upgrade. According to the company, it is updating its two San Diego data centers with hardware, software, uninterruptible power supplies, and chillers. The company said the investment will help in the areas of sustainability, reliability and cost stabilization. The company is owned by LightEdge.(More... <https://www.socaltech.com/fullstory/0082551.html>) *iBASEt Names Chief Revenue Officer* <https://www.socaltech.com/fullstory/0082550.html> Lake Forest-based *More... <https://www.ibaset.com>iBASEt</a></b>, a developer of software used for managing manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations, said last week that it has named Steve Modrall as the company's Chief Revenue Officer (CRO). Modrall was the company's EVP of Global Sales. iBASEt is led by CEO Naveen Poonian.(<A HREF=>) Rael Raises $35M For Feminine Care <https://www.socaltech.com/fullstory/0082548.html>Buena Park-based Rael <https://getrael.com>, a feminine care and beauty brand which offers up organic cotton feminine pads, said this week that it has raised $35M in a Series B funding round. The funding came from Colopl Next and Signite Partners (part of Shinsegae Group), along with Aarden Partners, ST Capital, Mirae Asset, and Unilever Ventures. The company was founded by three, Korean-American women, and is led by CEO Yanghee Paik. The company has now raised $59M in total.(More... <https://www.socaltech.com/fullstory/0082548.html>) 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]>. 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]. Recurring Revenue Conference - June 23, 2022 <https://bit.ly/3LLZhhG>Recurring Revenue Conference Scaling SaaS & Subscription Businesses June 23, 2022 Culver City or virtually Join 500+ entrepreneurs, executives, and investors June 23 at the Culver City Hilton. Whether you are a SaaS or subscription business, or if customer retention is critical for your success, this is the premier Southern California event to learn from the tech pioneers. Hear from experts who are successfully growing their industry leading companies, as well as from the investors backing them. Can’t make the in-person event? Join us virtually. Enter the Promo Code below to save 10% on your ticket! Register at https://bit.ly/3LLZhhG <https://bit.ly/3LLZhhG> Promo Code: SoCalTech10 Enter Promo Code before registration details 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 M2/17/22Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207>Los Angeles$6.00 M2/17/22Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208>Beverly Hills$200.00 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> June 16, San Diego -- DigiMarCon California 2022 - Digital Marketing, Media and Advertising Conference & Exhibition "DigiMarCon California 2022 is your chance to ... – Experience a safe and intimate gathering with marketing leaders and professionals in a clean and hygienic environment. – Hear from some of the most audacious and thought-provoking speakers in the digital marketing, media and advertising industry. – Gain insight into emerging strategies, the latest innovative technologies, and best practices to move your business to the next level. – Network with thought leaders, reunite with your peers, and build your professional network. DigiMarCon California, the Premier Digital Marketing, Media and Advertising Conference & Exhibition in California, returns June 16th and 17th, 2022 to the luxurious Westin San Diego Gaslamp Quarter Hotel in San Diego, California. Join your peers in-person or online for 2-days jam-packed with digital marketing best practices, latest trends, practical solutions, strategy, and networking, also check out the next generation of technology & innovation; Internet, Mobile, AdTech, MarTech & SaaS Technology. Expand your knowledge on the following topics: Account-Based Marketing, Behavioral & Neuromarketing, Content Marketing, Conversational Marketing, Conversion Rate Optimization, Data Science & Big Data, Email Marketing, Geo-Targeting & Proximity Marketing, Growth Hacking, Inbound & Outbound Marketing, Influencer Marketing, Mobile Marketing, Native & Contextual Advertising, Omnichannel Marketing, Paid Search Marketing, Personalization & Privacy. You’ll also learn the following: Podcast & Webinar Marketing, PR & Cause Marketing, Predictive Analytics & Attribution, Programmatic Advertising, Sales & Marketing Automation, Search Engine Optimization, Shopper Marketing, Marketing & Customer Experience, Social Commerce, Social Media Marketing, UI / UX Design, User-Generated Content, Video Marketing, Viral & Buzz Marketing, Visual & Voice Search, Web Analytics, and much more! Onsite Safety: Your safety is our TOP PRIORITY! Our qualified team is dedicated to ensuring a great experience at our in-person events, and that includes providing a COVID-Safe, clean and hygienic environment for our delegates. 100% Money Back Guarantee: Booking your ticket is RISK-FREE. You can cancel and get a full refund up until 30 days before the event. At DigiMarCon California 2022, you will receive all the elements you need to achieve digital marketing success! Conventional thoughts will be challenged, and new ways of thinking will emerge. You will leave with your head, notebooks, and professional toolkit full of action items and ideas to lead and supercharge your agency/team/account to even greater success. Be a part of DigiMarCon California 2022 and discover how to thrive and succeed as a marketer in a rapidly evolving digital world. Top keynotes, case studies, strategy sessions, networking, and more in a safe and hygienic environment! . See http://www.socaltech.com/calendar/eventid/26742 <http://www.socaltech.com/calendar/eventid/26742> ------------------------------ 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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