*socaltech.com <http://socaltech.com> TechNews - Monday, June 13, 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 * - Cornerstone OnDemand Acquires SumTotal <#0082595> - Kairos Ventures Gets $58M For Third Fund <#0082592> - Ainnocence Applies AI To Drug Discovery <#0082594> - EDF Renewables North America Gets Big Win In New York <#0082596> - InPlay Wins Mikrotik <#0082593> - Just Women's Sports Scores $6M <#0082591> *Marketplace* - Investor 360 Roundtable Interview with Jed Leidheiser of March Capital <#ad792> - Recurring Revenue Conference - June 23, 2022 <#ad791> - Tech vs Media Episode 2: The Creators Era, and The Music Industry <#ad782> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Monday, June 13, 2022* *Apply For KPMG's 2nd Annual Global Tech Innovator Competition <https://www.meridianwest.eu.com/jfe/form/SV_bdbdMpeNgxOQUqa>* KPMG's 2nd Annual Global Tech Innovator Competition Requirements to participate: US based tech or a tech-enabled business that has been actively operating for 5 years or less (in current form) Revenue generating between $1-15M; or have raised at least $500k in equity Available to virtually pitch at a regional and national final event (if selected) Available to pitch at the global final at Web Summit in Lisbon, Portugal in November 2022 (if selected) There is no cost! We recognize that innovative technology companies in the U.S. are introducing tech breakthroughs that are transforming businesses and disrupting entire industries. It’s why we’re so excited to be introducing the second annual KPMG Private Enterprise Tech Innovator competition in the U.S. to recognize the fastest‑growing tech innovators across the country. If you know a business that has what it takes to be the next KPMG Private Enterprise Tech Innovator in the U.S.—encourage them to submit an application now. *Cornerstone OnDemand Acquires SumTotal* <https://www.socaltech.com/fullstory/0082595.html> Santa Monica-based human resources and e-learning software developer Cornerstone OnDemand has acquired SumTOtal, a competing provider of learning and human capital management software, according to private equity backer Clearlake Capital. Financial terms of the acquisition were not announced. The companies said the acquisition of SumTotal will provide it access to a larger, more diverse group of customers. Cornerstone is led by CEO Himanshu Palsule. (More... <https://www.socaltech.com/fullstory/0082595.html>) *Kairos Ventures Gets $58M For Third Fund* <https://www.socaltech.com/fullstory/0082592.html> Los Angeles-based venture capital investor Kairos Ventures announced today that it has raised $58M for its third fund (Fund III). The investor--which makes investments in companies in the physical and life sciences areas--said that it has already made 27 investments out of Fund II. Kairos was founded by Jim Demetriades. (More... <https://www.socaltech.com/fullstory/0082592.html>) *Ainnocence Applies AI To Drug Discovery* <https://www.socaltech.com/fullstory/0082594.html> A new, San Diego-based biotech startup, Ainnocence launched today, saying that it is focused on using life-sciences knowledge and advanced computational techniques to accelerate the design of small-molecule, antibody, and other complex therapeutic modalities. The company is led by CEO Lurong Pan. (More... <https://www.socaltech.com/fullstory/0082594.html>) *EDF Renewables North America Gets Big Win In New York* <https://www.socaltech.com/fullstory/0082596.html> San Diego-based EDF Renewables North America, a developer of utility-scale solar and wind power projects, reported it has scored a three wins in New York. According to the company, it has been awarded long-term contracts by the New York State Energy Research and Development Authority (NYSERDA), for 1 Gigawatt of solar and storage projects across upstate New York. Financial details of the win were not announced. (More... <https://www.socaltech.com/fullstory/0082596.html>) *InPlay Wins Mikrotik* <https://www.socaltech.com/fullstory/0082593.html> Irvine-based fabless semiconductor developer *InPlay <https://inplay-tech.com>* announced this morning that its semiconductor have been adopted by Latvian company Mikrotik. According to InPlay, Mikrotik is using its NanoBeacon SoC IN1000 Bluetooth beacon chip for a unique Bluetooth tag solution for asset tracking and telemetry. Expected shipment volumes for the product were not announced. InPlay is led by co-founder and Ceo Jason Wu.(More... <https://www.socaltech.com/fullstory/0082593.html>) *Just Women's Sports Scores $6M* <https://www.socaltech.com/fullstory/0082591.html> Los Angeles-based Just Women's Sports, a startup which provides a media platform for women's sports, said this week that it has raised $6M in a funding round. (More... <https://www.socaltech.com/fullstory/0082591.html>) *Investor 360 Roundtable Interview with Jed Leidheiser of March Capital <http://stubbsalderton-6641104.hs-sites.com/march-capital>* Join Stubbs Alderton & Markiles on Wednesday, June 15, 2022 for our next Investor 360 roundtable interview with Jed Leidheiser of March Capital! Jed will speak about March Capital’s investment thesis, current investment climate, startup advice, and more. There will be ample opportunity for questions at the end of the webinar! Investor 360: Monthly Investor Roundtable Interview Featuring Jed Leidheiser of March Capital Wednesday, June 15, 2022 12:00 – 1:00 PM PDT http://stubbsalderton-6641104.hs-sites.com/march-capital *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 *Tech vs Media Episode 2: The Creators Era, and The Music Industry <https://link.chtbl.com/aKC6DpJG>* The Creators Era, and The Music Industry "Past, Present, and Future" with Music Visionary and Executive Marc Geiger How is the music industry transforming from physical to digital? Industry leader and innovator Marc Geiger (co-founder of Lollapalooza, founder and CEO of Artist Direct, head of World Wide Music for William Morris for 20 years, and current CEO and Chairman of SaveLive) shares insights into the future of music, what exactly is the “Creators Era”, where NFTs fit in all of this, and what was it like pioneering music e-commerce Mick Jagger. Link: https://link.chtbl.com/aKC6DpJG *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 *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 *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]. *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. ------------------------------ *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 Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207> Los Angeles $6.00 M 2/17/22 Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208> Beverly Hills $200.00 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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