*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 8, 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 * - Virgin Orbit Narrows Down Launch Failure Issue <#0083202> - InvestCloud Ties With 55ip <#0083201> - Healthiest Cities Are San Francisco, Miami, San Diego, Says Mindbody <#0083200> - Vereco Healthcare Solutions Names CFO <#0083199> - Crexi Partners With Commercial Real Estate Certification Provider <#0083203> - SUMA Wealth Acquires Reel <#0083197> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - 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> *Wednesday, February 8, 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. *Virgin Orbit Narrows Down Launch Failure Issue* <https://www.socaltech.com/fullstory/0083202.html> Mojave-based Virgin Orbit, the satelite launch venture backed by Sir Richard Branson, appears to have narrowed down the cause of its failure to launch a rocket from Cornwall, UK, last month. According to reports, Virgin Orbit Dan Hart attributed the failure to a $100 filter which may have dislodged during the launch. The company did not give any indication of when it expects to try again for a launch. (More... <https://www.socaltech.com/fullstory/0083202.html>) *InvestCloud Ties With 55ip* <https://www.socaltech.com/fullstory/0083201.html> Los Angeles-based financial software developer InvestCloud said late Tuesday that it has tied with 55ip, a developer of "tax-smart" investment software. According to InvestCloud, the integration expands the products available to advisors using the company's software. The company says it has over 400 wealth management firms with over 25 million accounts on its platform. The link comes via InvestCloud's "Financial Supermarket" offering. InvestCloud is led by CEO Cheryl Nash. (More... <https://www.socaltech.com/fullstory/0083201.html>) *Healthiest Cities Are San Francisco, Miami, San Diego, Says Mindbody* <https://www.socaltech.com/fullstory/0083200.html> San Luis Obispo-based wellness business software developer Mindbody says that it has created a ranking of the “healthiest cities in America”, ranking San Francisco, Miami, and San Diego at the top of a list of its 10 healthiest cities. The company said it surveyed over 17,000 adults in the 50 most populated U.S. cities and ranked them by its own proprietary scoring algorithm. (More... <https://www.socaltech.com/fullstory/0083200.html>) *Vereco Healthcare Solutions Names CFO* <https://www.socaltech.com/fullstory/0083199.html> Mission Viejo-based *Vereco Healthcare Solutions <”https://www.vereco.com”>*, a provider of healthcare document services and solutions, said today that it has named Paul Anthony as the company’s new Chief Financial Officer. Anthony was most recently CFO and Corporate Secretary for publicly held cybersecurity company CynergisTek.(More... <https://www.socaltech.com/fullstory/0083199.html>) *Crexi Partners With Commercial Real Estate Certification Provider* <https://www.socaltech.com/fullstory/0083203.html> Los Angeles-based commercial real estate marketplace operator *Crexi <https://www.crexi.com>* said on Tuesday that it has linked with the *CCIM Institute*, a provider of certification and training for the commercial real estate industry. Financial details of the partnership were not announced. The two said the deal will offer up a new "CCIM Property Listing Service" with the group, and also offer a discounted annual rate to Crexi's service.(More... <https://www.socaltech.com/fullstory/0083203.html>) *SUMA Wealth Acquires Reel* <https://www.socaltech.com/fullstory/0083197.html> Los Angeles-based fintech products developer SUMA Wealth announced this morning that it has acquired Reel, the developer of a savings and personal finance platform. Financial details of the acquisition were not announced. Reel Co-founder and CEO Daniela Corrente becomes Chief Strategy and Business Officer at the company. Both companies had been focused on financial products aimed at young U.S. Latinos. SUMA Wealth was founded by CEO Beatriz Acevedo and COO Mary Hernandez. (More... <https://www.socaltech.com/fullstory/0083197.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 *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 *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>* 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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
