*socaltech.com <http://socaltech.com> TechNews - Monday, July 18, 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 * - Onramp Invest Finds $7M <#0082707> - Snapchat Launches Web Browser Support <#0082706> - LiveOne Raises $8.1M For Podcasting Spinout <#0082703> - Medely Names VP <#0082705> - Happiem Aims App At Happiness <#0082704> - GM, Flying J Tap LA's EVgo For Charging Network <#0082701> *Marketplace* - 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> - Stradling <#ad608> *Monday, July 18, 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. *Onramp Invest Finds $7M* <https://www.socaltech.com/fullstory/0082707.html> San Diego-based startup *Onramp Invest <https://www.onrampinvest.com>* has raised $7M in a Series A funding. The funding was led by JAM FINTOP and EJF Capital LLC, via EJF Silvergate Ventures Fund. The company said it provides financial professionals with crypto investment services for their clients. Onramp Invest is led by CEO Eric Ervin.(More... <https://www.socaltech.com/fullstory/0082707.html>) *Snapchat Launches Web Browser Support* <https://www.socaltech.com/fullstory/0082706.html> Venice, California-based Snapchat is finally expanding to the web world, and is launching a version of Snapchat that runs on web browsers. According to Snapchat, the web browser support includes video calls, chat features, and more, and currently runs on Google Chrome. The web support initially will only be available to Snapchat+ subscribers in the US, UK, and Canada, and all users in Australia and New Zealand. (More... <https://www.socaltech.com/fullstory/0082706.html>) *LiveOne Raises $8.1M For Podcasting Spinout* <https://www.socaltech.com/fullstory/0082703.html> Los Angeles-based LiveOne, which provides music and entertainment streaming, says it plans to spin out its podcasting subsidiary, PodcastOne, as a separate business. As part of that effort, the company said it raised $8.1M in financing at a pre-money valuation of $60M for the subsidiary. The company said it expects to spin out PodcastOne as its own, public company, before the end of the year. (More... <https://www.socaltech.com/fullstory/0082703.html>) *Medely Names VP* <https://www.socaltech.com/fullstory/0082705.html> Los Angeles-based workforce management software startup *Medely <https://www.medely.com>* said today that it ahs named *Ashu Manohar* as the company's *VP of Product*. Manohar was previously Head of Product, Courier at Uber. Medely said it is developing a platform to connect healthcare professionals to facilities through an on demand marketplace. The company is led by CEO Waleed Nasr.(More... <https://www.socaltech.com/fullstory/0082705.html>) *Happiem Aims App At Happiness* <https://www.socaltech.com/fullstory/0082704.html> San Diego-based Happiem said today that it has launched a new app, aimed at helping improve users' sense of well-being. According to the startup, the intent of the app is to "encourages users to engage in more real-world activities instead of spending countless hours alone online." The company said its app revolves around encouraging people to do things in real life, promoting outdoor activity, and bringing people together. The startup was founded by Mehran Java. (More... <https://www.socaltech.com/fullstory/0082704.html>) *GM, Flying J Tap LA's EVgo For Charging Network* <https://www.socaltech.com/fullstory/0082701.html> General Motors and Pilot Flying J, the national truck stop and gasoline chain, said this week that they will be building a national network of electric vehicle charging stations at Flying J locations. The two are tapping Los Angeles-based EV charging station network operator EVgo for the buildout. Financial details of the deal were not announced. The companies plan to build 2,000 charging stations through the partnership. (More... <https://www.socaltech.com/fullstory/0082701.html>) *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 *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>* 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 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=103210> El Segundo $25.00 M 3/10/22 Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103211> Irvine $150.00 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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