*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 15, 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 * - Activision Blizzard Plans To Order Employees Back Into Offices <#0083224> - Amazon Invests $20M In Superplastic <#0083221> - LinearB Rolls Out New Tools <#0083220> - Yardi Donates $1M Towards Turkey, Syria Earthquake Relief <#0083222> - ImmunityBio Gets $50M In PIPE <#0083223> - MDI Health Gets $20M For AI Powered Medication Management <#0083218> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Wednesday, February 15, 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. *Activision Blizzard Plans To Order Employees Back Into Offices* <https://www.socaltech.com/fullstory/0083224.html> Santa Monica-based Activision Blizzard is ordering its employees back into the office, in the latest tech company move to pull employees back to central workplaces. According to Engadget, employees will be required to work from the office for at least three days per week on April 10th, with Blizzard Entertainment employees expected to do the same starting July 10th. (More... <https://www.socaltech.com/fullstory/0083224.html>) *Amazon Invests $20M In Superplastic* <https://www.socaltech.com/fullstory/0083221.html> Amazon and "synthetic celebrity" developer Superplastic said that Amazon has led a $20M investment round in Superplastic, and inked a deal with Culver City-based Amazon Studios for a new series. The funding also included Craft Ventures, Google Ventures, Galaxy Digital, Kering, Sony Japan, Scribble Ventures, Kakao, Animoca Brands, Day One Ventures, and Betaworks. Superplastic said it has now raised $58M in funding. (More... <https://www.socaltech.com/fullstory/0083221.html>) *LinearB Rolls Out New Tools* <https://www.socaltech.com/fullstory/0083220.html> Los Angeles-based LinearB--which is backed by Tribe Capital and Salesforce Ventures--said today that it has rolled out additional products to help enterprises optimize their engineering operations. According to the company, it has added a new tool called gitStream, which provided workflow automation for GitHub, GitLab, and Bitbucket, common development and code tracking tools. LinearB raised $50M in a Series B funding round in 2022. The company's co-founder and CEO is Ori Keren. (More... <https://www.socaltech.com/fullstory/0083220.html>) *Yardi Donates $1M Towards Turkey, Syria Earthquake Relief* <https://www.socaltech.com/fullstory/0083222.html> Santa Barbara-based real estate software developer *Yardi <https://www.yardi.com>* said this morning that it has donated $1M to four, global nonprofit groups helping to provide humanitarian relief in Turkey and Syria. According to Yardi, the donations went to Direct Relief, Docotrs Without Borders (MSF), World Central Kitchen, and the Red Crescent/Global Red Cross. Direct Relief is also based in Santa Barbara. Yardi is led by CEO Anant Yardi.(More... <https://www.socaltech.com/fullstory/0083222.html>) *ImmunityBio Gets $50M In PIPE* <https://www.socaltech.com/fullstory/0083223.html> Culver City-based *Immunity Bio <https://www.immunitybio.com>*, a publicly held company developing immunotherapy products, said this morning that it has raised $50M in an equity financing. According to the company, the funding was a registered direct offering with "multiple institutional investors". The placement agent on the offering was Jeffries LLC. Immunity Bio trades as IBRX on the NASDAQ.(More... <https://www.socaltech.com/fullstory/0083223.html>) *MDI Health Gets $20M For AI Powered Medication Management* <https://www.socaltech.com/fullstory/0083218.html> A new, Los Angeles startup, MDI Health, announced this morning that it has raised $20M in a Series A funding round, which will go towards the company's artificial intelligence-powered platform for optimizing medication management. The company said the funding was led by Intel Capital, and also included Maverick Ventures Israel and existing investors Hanaco Ventures, Welltech Ventures, Arc Impact, Basad Ventures, Fresh.Fund, Jumpspeed Ventures and former SVP of Optum Richard Montwill. (More... <https://www.socaltech.com/fullstory/0083218.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 *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 *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]. ------------------------------ *Recent Funding <#funding>* 2/10/23 Fabric8Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=110604> San Diego $50.00 M 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 ------------------------------ *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). 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