*socaltech.com <http://socaltech.com> TechNews - Monday, March 27, 2023* Edited by Benjamin F. Kuo 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 * - Aadi Bioscience Adds Board Member <#0083319> - WebPurify Snags Former Twitter Trust, Safety Head <#0083315> - Klear.ai Buys Business From Cloud Software Group <#0083318> - Interlink Adds To UK Board <#0083317> - Newegg Jumps On ChatGPT Bandwagon <#0083316> - Rocket Lab Puts Two More Satellites Into Space <#0083314> - Snap Aims AR Tools At Business <#0083313> - Near Intelligence Goes Public Via SPAC <#0083312> *Marketplace* - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Pacific Western Bank, Venture Banking Group <#ad797> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Monday, March 27, 2023* *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 *Aadi Bioscience Adds Board Member* <https://www.socaltech.com/fullstory/0083319.html> Los Angeles-based biopharmaceuticals company *Aadi Bioscience <https://aadibio.com>* announced this morning that it has added Mohammad Hirmand, M.D., to its board of directors. Hirmand was most recently Executive Vice President and Chief Medical Officer for Turning Point Therapeutics (acquired by Bristol Myers Squibb in August of 2022). Aadi Bioscience says Dr. Hirmand has more than 20 years of biotechnology clinical development experience.(More... <https://www.socaltech.com/fullstory/0083319.html>) *WebPurify Snags Former Twitter Trust, Safety Head* <https://www.socaltech.com/fullstory/0083315.html> Irvine-based *WebPurify <https://www.webpurify.com>*, which uses a combination of AI and humans to vet user generated content for brands, says it has tapped former Twitter Head of Trust and Safety Operations Alexandra Popken as VP of Trust and Safety for the company. WebPurify said Popken brings more than nine years of leadership in protecting users, platforms, and brand reputations to the role. The company said Popken had been at Twitter since 2013.(More... <https://www.socaltech.com/fullstory/0083315.html>) *Klear.ai Buys Business From Cloud Software Group* <https://www.socaltech.com/fullstory/0083318.html> Los Angeles-based *Klear.ai <https://www.klear.ai>*, which is developing artificial intelligence (AI) powered for claims and risk analytics for the insurance industry, said it has acquired the Inform business of *Cloud Software Group*. Financial details of the buy were not announced. Cloud's Inform business was a provider of Risk Management Information Systems (RMIS). Klear.ai said it will integrate Inform's systems into its existing risk, claims, and analytics products.(More... <https://www.socaltech.com/fullstory/0083318.html>) *Interlink Adds To UK Board* <https://www.socaltech.com/fullstory/0083317.html> Irvine-based *Interlink Electronics <https://www.interlinkelectronics.com>*, which develops various electronic sensors, said today that it has added Professor Graham Wren as a director of its UK subsidiary, Interlink Electronics Limited. Wren has been a strategic technical advisor for the company since 201, and is Senior Executive and Special Advisor to the Principal at Strathclyde University.(More... <https://www.socaltech.com/fullstory/0083317.html>) *Newegg Jumps On ChatGPT Bandwagon* <https://www.socaltech.com/fullstory/0083316.html> City of Industry-based electronics retailer *Newegg <https://www.newegg.com>* has jumped on the ChatGPT bandwagon, saying this morning that it has started to use the AI-powered product to "improve its customers' online shopping experience." The company said it is using ChatGPT for its PC builder shopping tool, for customer service chat, for "optimizing text content" on its website, for customer email subject lines, and search engine optimization.(More... <https://www.socaltech.com/fullstory/0083316.html>) *Rocket Lab Puts Two More Satellites Into Space* <https://www.socaltech.com/fullstory/0083314.html> Long Beach-based *Rocket Lab <https://www.rocketlabusa.com>* successfully put two more satellites into space, this time from New Zealand, marking the company's 35th launch of its rockets. According to Rocket Lab, it placed two satellites from Earth imaging provider BlackSky into space in low Earth orbit. The launch missing was named named “The Beat Goes On,” lifted off at 09:14 UTC, on March 24th, at Rocket Lab's launch site on New Zealand's Mahia Peninsula.(More... <https://www.socaltech.com/fullstory/0083314.html>) *Snap Aims AR Tools At Business* <https://www.socaltech.com/fullstory/0083313.html> Santa Monica-based Snap, the parent company of Snapchat, says it has rolled out a new toolkit to help enterprises integrate augmented reality (AR) into their products. According to Snap, its AR Enterprise Services (ARES) allows businesses to integrate its AR technology into their websites, apps, and physical locations. Snap said the first adopters of its technology are in the retail area, with Goodr, Princess Polly, and Gobi Cashmere all integrating the tools for "AR Try-On". (More... <https://www.socaltech.com/fullstory/0083313.html>) *Near Intelligence Goes Public Via SPAC* <https://www.socaltech.com/fullstory/0083312.html> Pasadena-based *Near Intelligence <https://www.near.com>*, a provider of location-based intelligence and data, has gone public via a Special Purpose Acquisition Company (SPAC). Near said it is now trading on the Nasdaq as NIR. The SPAC acquisition came via KludeIn I Acquisition Corp. Near is led by founder and CEO Anil Mathews. The move to the public markets by Near via SPAC appears to be the first for a Southern California technology company in the last year.(More... <https://www.socaltech.com/fullstory/0083312.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/ *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. *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>* 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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