*socaltech.com <http://socaltech.com> TechNews - Wednesday, November 2, 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 * - Zest AI Gets $50M More <#0083014> - Dave Chalks Up $5 Billion In Overdraft Advances <#0083013> - Energy Vault Names New VP <#0083012> - MedCrypt Gets $25M <#0083011> - Zefr Launches Brand Safety Tool On YouTube <#0083008> - Activision Rolls Out Call of Duty: Modern Warfare II <#0083009> - Cohu Names New Board Member <#0083010> - Anchore Gets $1.58M USAF Contract <#0083007> *Marketplace* - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Stradling <#ad608> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, November 2, 2022* *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]. *Zest AI Gets $50M More* <https://www.socaltech.com/fullstory/0083014.html> Los Angeles-based Zest AI, which develops automated underwriting tools for the lending industry, has raised over $50M in a new round of funding, the company said this morning. The funding was co-led by Insight Partners, an existing investors, along with new investor CMFG Ventures. CU Direct, Curql, Suncoast Credit Union, Golden1 Credit Union, Hawaii USA Federal Credit Union, and NorthGate Capital also participated. (More... <https://www.socaltech.com/fullstory/0083014.html>) *Dave Chalks Up $5 Billion In Overdraft Advances* <https://www.socaltech.com/fullstory/0083013.html> Los Angeles-based financial app developer *Dave <https://www.dave.com>* said it has surpassed $5 billion in overdraft advances on its app, since it was founded. The company said the advances came through its flexible overdraft solution, which allows its members to access up to $500 between paychecks. Dave is led by CEO Jason Wilk. The company does not charge overdraft fees, but does include a membership and fees for other premium services.(More... <https://www.socaltech.com/fullstory/0083013.html>) *Energy Vault Names New VP* <https://www.socaltech.com/fullstory/0083012.html> Westlake Village, California- and Lugano, Switzerland-based Energy Vault, which is developing gravity-based energy storage technology, said this morning that it has named E.B. Jensen as the company's Senior Vice President of Project Execution and Delivery. Jensen was most recently Senior Vice President at Mott MacDonald, and also previously served at Worley and engineering and constructino firm Jacobs. (More... <https://www.socaltech.com/fullstory/0083012.html>) *MedCrypt Gets $25M* <https://www.socaltech.com/fullstory/0083011.html> San Diego-based cybersecurity products developer MedCrypt, which focuses on cybersecurity for medical devices, says it has raised $25M in a SEries B funding round. The funding came from Intuitive Ventures, Johnson & Johnson Innovation – JJDC, Inc, Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. MedCrypt is led by CEO Mike Kijewski. (More... <https://www.socaltech.com/fullstory/0083011.html>) *Zefr Launches Brand Safety Tool On YouTube* <https://www.socaltech.com/fullstory/0083008.html> Los Angeles-based *Zefr <https://www.zefr.com>* said this morning that it has launched a new brand safety tool on *YouTube <https://www.youtube.com>*. The company said the new tool provides advertisers with third-party measurement to brand safety and suitability, mapped to the Global Alliance of Responsible Media (GARM) framework. Pricing on the new tool was not announced.(More... <https://www.socaltech.com/fullstory/0083008.html>) *Activision Rolls Out Call of Duty: Modern Warfare II* <https://www.socaltech.com/fullstory/0083009.html> Santa Monica-based game publisher *Activision <https://www.activision.com>* has rolled out the newest iteration of its Call of Duty series, saying this weekend that it has launched *Call of Duty: Modern Warfare II*. The title is available on PlayStation 5, PlayStation 4, Xbox Series X|S, Xbox One, PC, and Steam. Activision last launched a Call of Duty title in 2019, when it launched Call of Duty: Modern Warfare.(More... <https://www.socaltech.com/fullstory/0083009.html>) *Cohu Names New Board Member* <https://www.socaltech.com/fullstory/0083010.html> Poway-based *Cohu <https://www.cohu.com>*, a supplier of equipment to the semiconductor industry, said today that it has named Andreas ("Andy") W. Mattes to its board. Mattes was most recently President and CEO of Coherent, Inc; he also previously served at McKinsey & Company, Diebold nixdorf, Hewlett Packard, as well as Siemengs AG. Mattes also sits on the board of Velodyne Lidar.(More... <https://www.socaltech.com/fullstory/0083010.html>) *Anchore Gets $1.58M USAF Contract* <https://www.socaltech.com/fullstory/0083007.html> Santa Barbara-based *Anchore <https://www.anchore.com>*, a developer of security software specifically aimed at the cloud-based software market, said Thursday that it has received a $1.58M contrat from the United States Air Force (USAF). The company said the funding came via a Small Business Innovation Research (SBIR) Phase II contract, and covers 12 months of work to support the USAF's Platform One (P1) program.(More... <https://www.socaltech.com/fullstory/0083007.html>) *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/ *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. *From Idea to IPO - KPMG’s Emerging Growth Practice < [email protected]>* KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you at any stage of your life cycle. Whether you are starting your business, strengthening your business, expanding into new markets, or pursuing an exit, we have a global network of experienced resources that can take you to the next level. For more information, please contact Ryan Youhan 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 *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>* 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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