*socaltech.com <http://socaltech.com> TechNews - Tuesday, July 5, 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 * - Virgin Orbit Completes Launch <#0082664> - FCC Approves Use Of Starlink On Moving Vehicles <#0082663> - Untapped Capital Raises First Fund <#0082660> - Bodybuilding.com Partners With Retail Ecommerce Ventures <#0082661> - ServiceTitan Acquires Schedule Engine <#0082662> - Boosted Commerce Names New CFO <#0082659> *Marketplace* - Apply For KPMG's 2nd Annual Global Tech Innovator Competition <#ad793> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, July 5, 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 *Virgin Orbit Completes Launch* <https://www.socaltech.com/fullstory/0082664.html> Mojave-based Virgin Orbit said it successfully completed a satellite launch over the weekend, launching seven satellites into orbit for the United States Space Force (USSF). According to the company, the launch brings its total number of satellites delivered to space to thirty-three. The company launched the satellites into space at 12:55 a.m. Pacific on July 2nd. ( More... <https://www.socaltech.com/fullstory/0082664.html>) *FCC Approves Use Of Starlink On Moving Vehicles* <https://www.socaltech.com/fullstory/0082663.html> The FCC has approved use of Starlink satellite terminals in moving vehicles, which will open up use of the SpaceX high speed Internet service on airplanes, moving freighters, RVs, and more. According to the FCC approval, SpaceX received "blanket authorization" for operating its Ku-band earth stations while in motion. (More... <https://www.socaltech.com/fullstory/0082663.html>) *Untapped Capital Raises First Fund* <https://www.socaltech.com/fullstory/0082660.html> Untapped Capital, a venture capital firm run by Yohei Nakajima and Jessica Jackley, says it has closed its first fund, Fund I. The new startup investment firm says it's a pre-seed/seed fund that looks invest in "unexpected founders, found off the beaten path, not well connected to VCs", adding that it is looking specifically at "young, underrepresented, small town, immigrant" founders. Size of the firm's first fund was not announced. (More... <https://www.socaltech.com/fullstory/0082660.html>) *Bodybuilding.com Partners With Retail Ecommerce Ventures* <https://www.socaltech.com/fullstory/0082661.html> Los Angeles-based Bodybuilding.com, an online fitness store, has linked with Los Angeles-based Retail Ecommerce Ventures (REV), the two said Friday. According to the companies, REV will take on "substantial operational roles" within Bodybuilding.com, to help it build its online footprint. Financial details of the deal were not announced. (More... <https://www.socaltech.com/fullstory/0082661.html>) *ServiceTitan Acquires Schedule Engine* <https://www.socaltech.com/fullstory/0082662.html> Los Angeles-basd ServiceTitan said last week that it has acquired Schedule Engine, a provider of online booking for home and commercial services. Financial details of the acquisition were not announced. Schedule Engine was founded in 2016 by Austin Haller. (More... <https://www.socaltech.com/fullstory/0082662.html>) *Boosted Commerce Names New CFO* <https://www.socaltech.com/fullstory/0082659.html> Los Angeles-based consumer e-commerce company *Boosted Commerce <https://www.boostedcommerce.com>* announced this week that it has named *Martin Dunstheimer*, the former Chief Financial Officer of TOMS, as its new CFO. According to Boosted Commerce, Dunstheimer has previously served at such companies as GE, NBC, Lucky Brand Jeans, 7 For All Mankind, and BCBG. Boosted Commerce has raised $380M in capital and its owns such brands as FoxyBae, Luna, and Asterwood Naturals.(More... <https://www.socaltech.com/fullstory/0082659.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. *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]. *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#funding>* 6/30/22 Regard <https://www.socaltech.com/intelligence/?action=showdeal&id=103224> Los Angeles $15.30 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *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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