*socaltech.com <http://socaltech.com> TechNews - Friday, October 21, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * 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 * - Kudos Technologies Collects $7M <#0082989> - FaZe Links With Xfinity <#0082990> - Headway Eyes SoCal For Mental Health Access <#0082991> - Brain Corp Deploys Inventory Scanning With Sam's Club <#0082988> - CUJO AI Launches New Product <#0082987> - SpaceX Takes Starlink To Aviation Market <#0082985> - Amgen Completes $3.7B Chemocentryx Buy <#0082986> - GrubMarket Acquires LA's Rainfield Marketing Group <#0082984> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> *Friday, October 21, 2022* *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. *Kudos Technologies Collects $7M* <https://www.socaltech.com/fullstory/0082989.html> Los Angeles-based Kudos Technologies, a new startup developing "smart wallet" technology, said on Thursday that it has raised $7M in a seed funding roudn. The round was led by Patron, and also included QED Investors, SciFi VC, SV Angel, Precursor Ventures, Newtype Ventures, Chingona Ventures, plus angel investors. The company's co-founder and CEO is Tikue Anazodo. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=103234> )(More... <https://www.socaltech.com/fullstory/0082989.html>) *FaZe Links With Xfinity* <https://www.socaltech.com/fullstory/0082990.html> Los Angeles-based *FaZe Clan <https://www.fazeclan.com>* said this week that it has linked up with *Xfinity*, in a partnership around original content, private fan events, and more. Financial details of the partnership were not announced. According to the companies, they will host a series of private music and gaming-crossover events for college students, among other efforts, and also create a new original content series.(More... <https://www.socaltech.com/fullstory/0082990.html>) *Headway Eyes SoCal For Mental Health Access* <https://www.socaltech.com/fullstory/0082991.html> Headway, a startup backed by Andreessen Horowitz (a16z), Accel, Thrive Capital, and GV, is eyeballing Southern California as its new market, saying on Thursday that it has started to offer up its services for mental health are in the area. According to Headway, it is aiming to help patients access mental health care via virtual or in-person appointments, via its online booking service. The startup is based in New York, and says it also offers up its service in 14 other states. (More... <https://www.socaltech.com/fullstory/0082991.html>) *Brain Corp Deploys Inventory Scanning With Sam's Club* <https://www.socaltech.com/fullstory/0082988.html> San Diego-based Brain Corp., which develops robotics products, announced along with Sam's Club, that Sam's Club has deployed a new accessory to its robots, to provide inventory scanning at its stores. Financial details of the win were not announced. Brain Corp. already provides robotic floor scrubbers for Sam's Club, which is a division of Walmart. Brain Corp. ( More... <https://www.socaltech.com/fullstory/0082988.html>) *CUJO AI Launches New Product* <https://www.socaltech.com/fullstory/0082987.html> Los Angeles-based cybersecurity product developer CUJO AI said this week that it has rolled out a new product. The company said it has launched "Explorer", an artificial intelligence-powered product aimed at network service providers. The company said the product helps identify malicious activity and helps with customer support, by identify devices that connect to a home network and provides pertinent device characteristics, such as device type, model, operating system, and capabilities. (More... <https://www.socaltech.com/fullstory/0082987.html>) *SpaceX Takes Starlink To Aviation Market* <https://www.socaltech.com/fullstory/0082985.html> Hawthorne-based SpaceX is preparing to roll out its Starlink satellite Internet service to the aviation market, with a new offering, called Starlink Aviation. According to SpaceX, the new service will provide "High-speed, low-latency, in-flight internet with connectivity across the globe" and cost $12,500 to $25,000 per month, with a one-time hardware cost of $150,000. The company says it will start making deliveries in 2023. ( More... <https://www.socaltech.com/fullstory/0082985.html>) *Amgen Completes $3.7B Chemocentryx Buy* <https://www.socaltech.com/fullstory/0082986.html> Thousand Oaks-based biotech giant *Amgen <https://www.amgen.com>* said today that it has completed its $3.7 billion acquisition of *ChemoCentryx*, a biopharmaceuticals company which develops orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer. Amgen paid $52 per share in cash for Chemocentryx. Chemocentryx's lead product is TAVNEOS, an FDA-approved product which is used to treat severe active ANCA-associated vasculitis.(More... <https://www.socaltech.com/fullstory/0082986.html>) *GrubMarket Acquires LA's Rainfield Marketing Group* <https://www.socaltech.com/fullstory/0082984.html> San Francisco-based GrubMarket, which develops food supply chain and e-commerce software, said this morning that it is acquiring Vernon-based Rainfield Marketing Group, a provider of fruits, vegetables, and Asian specialty items. Vernon is a suburb of Los Angeles. Financial terms of the acquisition were not announced. Rainfield Marketing Group was founded in 2015, and was run by original owner Richard Choe. (More... <https://www.socaltech.com/fullstory/0082984.html>) *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 *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 *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/ ------------------------------ *Recent Funding <#funding>* 10/21/22 Kudos Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=103234> Woodland Hills $7.00 M 9/22/22 TheoryCraft Games <https://www.socaltech.com/intelligence/?action=showdeal&id=103233> Los Angeles $50.00 M 9/09/22 Arena Club <https://www.socaltech.com/intelligence/?action=showdeal&id=103232> Los Angeles $9.00 M 9/06/22 Bitwarden <https://www.socaltech.com/intelligence/?action=showdeal&id=103231> Santa Barbara $100.00 M 8/23/22 Chamberlain Coffee <https://www.socaltech.com/intelligence/?action=showdeal&id=103230> Beverly Hills $7.00 M 8/17/22 GrayMatter Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103229> Los Angeles $20.00 M 8/10/22 Maximus <https://www.socaltech.com/intelligence/?action=showdeal&id=103228> Santa Monica $15.00 M 8/05/22 Everytable <https://www.socaltech.com/intelligence/?action=showdeal&id=103227> Los Angeles $55.00 M 8/04/22 Bounty App <https://www.socaltech.com/intelligence/?action=showdeal&id=103226> Los Angeles $5.00 M 7/19/22 FairPlay <https://www.socaltech.com/intelligence/?action=showdeal&id=103225> Los Angeles $10.00 M 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 ------------------------------ *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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