*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 1, 2023* 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 * - Snapchat Converts 2 Million To Paid Subscribers, So Far <#0083181> - Headspace Health Expands To UK, Plans International Growth <#0083180> - Esri To Add More NASA Data <#0083182> - Saviynt Scores $205M <#0083179> - Docupace Names COO <#0083175> - Phishing Is Easy, With Users Falling For Many Threats, Says CUJO AI <#0083176> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Wednesday, February 1, 2023* *Pacific Western Bank, Venture Banking Group <https://www.pacwest.com>* Pacific Western Bank is a commercial bank with over $41 billion in assets headquartered in Los Angeles, California, with an executive office in Denver, Colorado. Our venture banking team specializes in financial products and services for startups, venture-backed businesses, and their venture capital and private equity investors. We are dedicated to delivering high-touch, tailored solutions, helping innovators take their business to the next level. No matter the size or stage of your business, you can expect guidance, resources and flexibility, making them the perfect team to support your evolving needs. For more information, visit www.pacwest.com, or follow them on LinkedIn and Twitter. *Snapchat Converts 2 Million To Paid Subscribers, So Far* <https://www.socaltech.com/fullstory/0083181.html> Venice, California-based Snapchat said this week that it now has more than 2 million paid subscribers--out of approximately 375 million daily active users. The addition of paid subscriptions to the social site are an attempt to diversify the company's revenue from advertising, as it predicts "significant headwinds" will hit its Q1 earnings. Snapchat reported $1.3 billion in revenues for the fourth quarter of 2022, which was a mere 0.1 percent year-to-year growth. (More... <https://www.socaltech.com/fullstory/0083181.html>) *Headspace Health Expands To UK, Plans International Growth* <https://www.socaltech.com/fullstory/0083180.html> Santa Monica-based digital mental health app provider *Headspace Health <https://headspacehealth.com>* said on Tuesday that it has expanded its care services to the United Kingdom. The company said the expansion is a part of a move into international markets for the company. The company offers up a mobile app for meditation and mindfulness, paired with on-demand coaching, therapy, and other related services. The company is led by CEO Russell Glass.(More... <https://www.socaltech.com/fullstory/0083180.html>) *Esri To Add More NASA Data* <https://www.socaltech.com/fullstory/0083182.html> Redlands, California-based GIS software giant Esri said on Tuesday that it has signed a new agreement with NASA, to make more of NASA's Earth Science Data Services available via its ArcGIS Living Atlas of the World. According to Esri, the Space Act Agreement with the National Aeronautics and Space Administration (NASA) will provide new datasets from nearly 100 spaceborne sensors for measuring atmospheric health, land-based phenomena, and characteristics of the oceans. (More... <https://www.socaltech.com/fullstory/0083182.html>) *Saviynt Scores $205M* <https://www.socaltech.com/fullstory/0083179.html> Los Angeles-based identity and access management software developer *Saviynt <https://www.saviynt.com>* announced this morning that it has raised $205M in a funding round. The financing--which the company described as a "growth financing"--came from AB Private Credit Investors' Tech Capital Solutions Group, part of AllianceBernstein). As part of the funding, Saviynt also said that its founder, Sachin Nayyar, has been re-appointed as CEO of the company.(More... <https://www.socaltech.com/fullstory/0083179.html>) *Docupace Names COO* <https://www.socaltech.com/fullstory/0083175.html> Los Angeles-based Docupace, a developer of cloud-based fintech software for the wealth management industry, said this morning it has named Mike Zebrowski as the company's Chief Operating Officer. Zebrowski has previously served at such companies at MassMutual, TD Bank, and was COO of eMoney, in addition to co-founding Advisor Innovation Labs (A.I. Labs). AI Labs was co-founded by the chair of Docupace's board, Lori Hardwick. (Funding Details <https://www.socaltech.com/intelligence/?action=showperson&id=82498> )(More... <https://www.socaltech.com/fullstory/0083175.html>) *Phishing Is Easy, With Users Falling For Many Threats, Says CUJO AI* <https://www.socaltech.com/fullstory/0083176.html> Los Angeles-based cybersecurity software provider CUJO AI says that 56 percent of Internet users are falling for phishing scams, according to a new report from the company. According to the company, 56% of Internet users try to open at least one phishing link every month, based on its tracking of anonymized threat data from 1.8 billion connected devices. ( More... <https://www.socaltech.com/fullstory/0083176.html>) *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 *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/ *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]. *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/ *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 ------------------------------ *Recent Funding <#funding>* 1/31/23 Saviynt <https://www.socaltech.com/intelligence/?action=showdeal&id=110563> El Segundo $205.00 M 1/23/23 ADARx Pharmaceuticals, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=110494> San Diego $46.10 M 1/19/23 PLAI Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103242> Culver City $32.00 M 1/19/23 Oro Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103241> Los Angeles $13.00 M 1/19/23 ContractSafe <https://www.socaltech.com/intelligence/?action=showdeal&id=103240> Malibu $27.50 M 1/17/23 Sensible Weather <https://www.socaltech.com/intelligence/?action=showdeal&id=103239> Santa Monica $0.00 M 1/10/23 CRISPR QC <https://www.socaltech.com/intelligence/?action=showdeal&id=103238> San Diego $1.60 M 1/10/23 Cari Health <https://www.socaltech.com/intelligence/?action=showdeal&id=103237> San Diego $3.20 M 1/09/23 PBS Biotech <https://www.socaltech.com/intelligence/?action=showdeal&id=103236> Camarillo $22.00 M 12/07/22 Drata Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103235> San Marcos $200.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ ------------------------------ ------------------------------ *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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