*socaltech.com <http://socaltech.com> TechNews - Thursday, June 16, 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 * - Metropolis Technologies Raises $167M For AI Driven Parking Systems <#0082607> - Sekr Launches New, Premium, Offline Capable Service <#0082609> - Metawave Gets $26M In Bridge Financing <#0082610> - Miso Robotics Deploying Robots To Dubai <#0082611> - Borrego Solar Completes Large Solar Energy and Storage System <#0082608> - XENDEE Plugs Into $12M <#0082606> *Marketplace* - Apply For KPMG's 2nd Annual Global Tech Innovator Competition <#ad793> - Tech vs Media Episode 7: From Audio to Video to Movies and More <#ad787> - 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> *Thursday, June 16, 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 *Metropolis Technologies Raises $167M For AI Driven Parking Systems* <https://www.socaltech.com/fullstory/0082607.html> Los Angeles-based Metropolis Technologies, a startup that develops computer vision and machine learning driven systems for allowing people to drive in and out of parking facilities, without having to swipe a credit card or phone, has raised $167M in a Series B funding roudn. The funding was led by 3L Capital and Assembly Ventures, and also included Dragoneer Investment Group, Eldridge, Silver Lake Waterman, and UP Partners, along with others. ( More... <https://www.socaltech.com/fullstory/0082607.html>) *Sekr Launches New, Premium, Offline Capable Service* <https://www.socaltech.com/fullstory/0082609.html> San Diego-based Sekr, a startup which offers a mobile app for helping people plan outdoor travel, says it has launched a new, premium subscription service. The company said the new service, Sekr+, allows its features to be available offline and when its users are on the road. The company said the subscription service allows users to download maps and campsite information for offline use, and adds premium map layers like U.S. Bureau of Land Management and U.S. (More... <https://www.socaltech.com/fullstory/0082609.html>) *Metawave Gets $26M In Bridge Financing* <https://www.socaltech.com/fullstory/0082610.html> Carlsbad-based Metawave, a startup developing sensors aimed at use in long range, aerial sensing and driver assistance systems, has raised $26M in a debt funding, the company said this week. According to the company, the $26M came in the form of convertible and debt financing. Source of that new funding was not announced. The company said the financing is a "prelude" to a "forthcoming Series B funding". The company says it has now raised over $60M in funding. (More... <https://www.socaltech.com/fullstory/0082610.html> ) *Miso Robotics Deploying Robots To Dubai* <https://www.socaltech.com/fullstory/0082611.html> Pasadena-based Miso Robotics, which develops kitchen assistant robots for the restaurant market, is deploying its robots to Dubai, as well as internationally, in a new deal with an international franchise operator. According to the company, Americana Restaurants, which operates such brands as KFC, Pizza Hut, Hardee's, Krispy Kreme, and TGI Friday's in the Middle East and North Africa (MENA), will pilot a test of its Flippy 2 robot at the Wimpy location in The Dubai Mall. (More... <https://www.socaltech.com/fullstory/0082611.html>) *Borrego Solar Completes Large Solar Energy and Storage System* <https://www.socaltech.com/fullstory/0082608.html> San Diego-based renewable power developer Borrego Solar Systems said today that it has completed a set of fifteen solar-plus-energy storage systems in Massachusetts and New York. The company said the systems were build for AES Corporation, and total 96 megawatts of solar plus 50 MW/169 megawatt hours of energy storage. Financial details of the deal were not announced. ( More... <https://www.socaltech.com/fullstory/0082608.html>) *XENDEE Plugs Into $12M* <https://www.socaltech.com/fullstory/0082606.html> San Diego-based software developer XENDEE Corporation announced this morning that it has raised $12M in a Series A funding, to go towards its distributed energy resources planning and operations software. The funding was led by Anzu Partners, and also included financing from TravelCenters of America Inc. (the owner of the TA travel center/truck stop chain), Evergy Ventures, and Surlamer Investments. (More... <https://www.socaltech.com/fullstory/0082606.html>) *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. *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 *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]. ------------------------------ *Recent Funding <#funding>* 6/16/22 Metropolis Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103223> Venice $167.00 M 6/14/22 Overair <https://www.socaltech.com/intelligence/?action=showdeal&id=103222> Santa Ana $145.00 M 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 ------------------------------ *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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