*socaltech.com <http://socaltech.com> TechNews - Tuesday, September 19, 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 * - FIGS Taps Former GameStop, Chewy Exec As CTO <#0083641> - Surf Air Mobility Raises $7.5M <#0083640> - Docupace Aims At Software Developers <#0083639> - EnGenius Signs Distributor <#0083638> - Bevz Raises $3.1M <#0083637> - Google Pays $93M To Settle Location Data Lawsuit <#0083636> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Tuesday, September 19, 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 *FIGS Taps Former GameStop, Chewy Exec As CTO* <https://www.socaltech.com/fullstory/0083641.html> Santa Monia-based scrubs and other healthcare apparel provider *FIGS <http://www.figs.com>* said today that it has named Mark Bixby as the company's new Chief Technology Officer. Bixby was most recently VP of Engineering at GameStop, and also had been VP of Engineering for Chewy, and also has served at Wayfair.(More... <https://www.socaltech.com/fullstory/0083641.html>) *Surf Air Mobility Raises $7.5M* <https://www.socaltech.com/fullstory/0083640.html> Los Angeles-based regional personal air travel provider Surf Air said this morning that it has raised $7.5M from Luxembourg-based Gem Global Yield LLC SCS (GGY), as part of a deal to further fund the company. The company said it filed an S-1 as part of the fundraising, to "satisfy certain conditions" associated with the effort. (More... <https://www.socaltech.com/fullstory/0083640.html>) *Docupace Aims At Software Developers* <https://www.socaltech.com/fullstory/0083639.html> Los Angeles-based fintech software developer Docupace is aiming to attract more third party development for its tools, saying today that it has launched a new, "Developer Portal" where developers can access and learn about its APIs. The company said the new portal is aimed at making it easier for developer to build products using its APIs. The company offers up its software for digitizing and automating operations in the financial advice and investment industry. (More... <https://www.socaltech.com/fullstory/0083639.html>) *EnGenius Signs Distributor* <https://www.socaltech.com/fullstory/0083638.html> Costa Mesa-based wireless networking equipment maker EnGenius Technology says it has signed on WAV, as well as its Canadian affiliate MBSI WAV, as a distributor for its equipment. EnGenius is known for its wireless networking routers and related equipment. According to EnGenius, WA and MBSI WAV are value-added distributors of Wi-Fi, networking, wireless broadband and fiber solutions throughout the US and Canada. (More... <https://www.socaltech.com/fullstory/0083638.html>) *Bevz Raises $3.1M* <https://www.socaltech.com/fullstory/0083637.html> Los Angeles-based Bevz, which develops software for small liquor and convenience stores, has raised $3.1M in a funding round, the company said this morning. The round was led by Dynamism Capital and Golden Section Ventures, and also included Stage 2 Capital, Hustle Fund, Bridge Investments, Tiller Partners, Irish Angels, Operate Studio, Silicon Beach Investment Group, and Gryphon Ventures. (More... <https://www.socaltech.com/fullstory/0083637.html>) *Google Pays $93M To Settle Location Data Lawsuit* <https://www.socaltech.com/fullstory/0083636.html> Google will pay $93M, but admit no wrongdoing <https://techcrunch.com/2023/09/14/california-hits-google-for-93m-over-deceptive-location-data-options/> for using people's location data for advertising--despite saying that it would not. Google apparently was logging a users' location history, even if a user had toggled multiple options to limit that location data, and also would turn on tracking if a user ever agreed to "enhance" their Google Maps experience with a popup.(More... <https://www.socaltech.com/fullstory/0083636.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 *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>* 4/13/23 Altruist <https://www.socaltech.com/intelligence/?action=showdeal&id=110844> Culver City $112.00 M 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 ------------------------------ *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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