*socaltech.com <http://socaltech.com> TechNews - Thursday, June 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 * - Resilience Takes $625M In Series D Round <#0082586> - Wavemaker Three-Sixty Health Raises Second Fund, Worth $64M <#0082584> - Revolution RE Snags $3M For Rental Property Data <#0082585> - Phoenix Motor Raises $15.75M In Lackluster IPO <#0082583> - Faraday Future Plans Chinese Expansion <#0082587> *Marketplace* - Tech vs Media Episode 7: From Audio to Video to Movies and More <#ad787> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Thursday, June 9, 2022* *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 Promo Code: SoCalTech10 Enter Promo Code before registration details *Resilience Takes $625M In Series D Round* <https://www.socaltech.com/fullstory/0082586.html> San Diego-based National Resilience, a biomanufacturing company, said this week that it has raised $625M in a Series D funding round. The company said the $625M comes on top of an earlier, unannounced $600M Series C funding it completed in August of 2021. Resilience did not say who provided the funding, only saying that it came from venture capital funds, public mutual funds, pension funds, biopharma companies, sovereign wealth funds and private family offices, and others. (More... <https://www.socaltech.com/fullstory/0082586.html>) *Wavemaker Three-Sixty Health Raises Second Fund, Worth $64M* <https://www.socaltech.com/fullstory/0082584.html> Pasadena-based healthare technology investment fund Wavemaker Three-Sixty Health announced this morning that it has raised its second fund, worth $64M. According to WaveMaker Three-Sixty Health, its Fund II is nearly four times the size of its first fund, and will be used to invest in 40-50 early-stage companies in the areas of health-tech, digital health, medical device, telehealth, artificial intelligence, pharma-tech, science and marketplaces. Wavemaker 360's first fund was raised in 2018. (More... <https://www.socaltech.com/fullstory/0082584.html>) *Revolution RE Snags $3M For Rental Property Data* <https://www.socaltech.com/fullstory/0082585.html> Los Angeles-based real estate data and software provider Revolution RE has raised $3M in a funding round, according to the company, to go towards its software-as-a-service for data aggregation and analytics for the residential rental real estate market. (More... <https://www.socaltech.com/fullstory/0082585.html>) *Phoenix Motor Raises $15.75M In Lackluster IPO* <https://www.socaltech.com/fullstory/0082583.html> Anaheim-based electric vehicle developer Phoenix Motor, which says it is working on electric drive systems and light and medium duty electric vehicles, has raised $15.75M in its initial public offering (IPO), a fraction of its initial target of $150M. The company said it sold 2,100,000 shares of its common stock at $7.50 per share. The company now trades on the Nasdaq Capital Market as PEV. (More... <https://www.socaltech.com/fullstory/0082583.html>) *Faraday Future Plans Chinese Expansion* <https://www.socaltech.com/fullstory/0082587.html> Troubled Los Angeles-based electric vehicle maker Faraday Future apparently is planning to open up a factory in China, according to the company, despite a slew of troubles facing the company. Faraday Future--which has yet to release its first vehicles--is currently under investigation by the SEC, has been having issues with regulatory filings, and has warned it is "running out of money". The company's original founder also has been facing legal woes in China around financial fraud charges. (More... <https://www.socaltech.com/fullstory/0082587.html>) *Tech vs Media Episode 7: From Audio to Video to Movies and More <https://link.chtbl.com/aKC6DpJG>* Tech vs Media Episode 7: From Audio to Video to Movies and More: the Past, Present, and Future of All Content Streaming with Rob Glaser Rob Glaser, the founder/inventor of streaming audio and video on the internet, shares what it was like taking this powerful technology to the music and movie industries, and discusses the past, present, and future of AI. Listen on: href="https://podcasts.apple.com/us/podcast/tech-vs-media/id1606444841 ">Apple Spotify <https://open.spotify.com/show/3oiHCYLkLqPpr2aO7GlkEt>, or wherever <https://link.chtbl.com/aKC6DpJG> you get your podcasts *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] to start a conversation or visit our website https://networkthinking.com/devops/ *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 $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]. *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 ------------------------------ *Recent Funding <#funding>* 5/11/22 PrismPop <https://www.socaltech.com/intelligence/?action=showdeal&id=103221> Pasadena $5.00 M 5/09/22 AskGene <https://www.socaltech.com/intelligence/?action=showdeal&id=103220> Camarillo $20.00 M 5/02/22 LinearB <https://www.socaltech.com/intelligence/?action=showdeal&id=103219> Santa Monica $50.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: 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 ------------------------------ *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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