*socaltech.com <http://socaltech.com> TechNews - Wednesday, October 11, 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 * - SucceedSmart Rolls Out AI Tool For Job Descriptions <#0083680> - Xsolla Acquires Lightstream, Rainmaker and API.stream <#0083679> - KINO Studios Collects $2M <#0083678> - Arctop Gets $10M For Human Brain Decoding <#0083677> - Zefr Rolls Out AI Tools With Meta <#0083676> - Sonos Gets Setback In Patent Lawsuit Against Google <#0083675> *Marketplace* - RECURRING REVENUE CONFERENCE November 9, 2023, Culver City <#ad798> - 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> *Wednesday, October 11, 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. *SucceedSmart Rolls Out AI Tool For Job Descriptions* <https://www.socaltech.com/fullstory/0083680.html> Los Angeles-based *SucceedSmart <https://www.succeeedsmart.com>* has rolled out a new, artificial intelligence (AI) tool which it says creates job descriptions and helps connects corporations with executive talent. The company said its AI software, which it has named "Taylor", creates and vets job descriptions. The startup is led by Founder and CEO Sanjay Sathe.( More... <https://www.socaltech.com/fullstory/0083680.html>) *Xsolla Acquires Lightstream, Rainmaker and API.stream* <https://www.socaltech.com/fullstory/0083679.html> Los Angeles-based video game ecommerce company *Xsolla <https://www.xsolla.com>* says it has acquired three software tools, which are all owned by one company, *Videndum*. According to Xsolla it has acquired Lightstream, Rainmaker and API.stream, which are all used for content creation and distribution. Financial details of the acquisition were not announced.(More... <https://www.socaltech.com/fullstory/0083679.html>) *KINO Studios Collects $2M* <https://www.socaltech.com/fullstory/0083678.html> Los Angeles-based KINO, a film technology startup, says it has raised $2M in a pre-seed funding round. The funding came from Sequoia Capital's Scout program, Blockchain Founders Fund, Slow Ventures, Metaweb Ventures, Genius Ventures, The Near Protocol, and angels. According to KINO, it is developing "state-of-the-art tools to engage, create, and monetize their content even before it hits the screens". The company's co-founders are Daril Fannin (CEO) and Austin Worrell (COO). (More... <https://www.socaltech.com/fullstory/0083678.html>) *Arctop Gets $10M For Human Brain Decoding* <https://www.socaltech.com/fullstory/0083677.html> Los Angeles-based Arctop, which is developing software to decode human brain patterns, says it has raised $10M in a Series A funding. The company said the funding was co-led by Fifth Growth Fund and Supermoon Capital. The company says its technology turns brain activity into real-time information that can be used for third party applications. The company said it was founded by Dan Furman, a neuroscientist, and Eitan Kay, a software engineer. (More... <https://www.socaltech.com/fullstory/0083677.html>) *Zefr Rolls Out AI Tools With Meta* <https://www.socaltech.com/fullstory/0083676.html> Los Angeles-based brand safety software provider Zefr has rolled out a new, AI-powered product, which it says works across both Facebook and Instagram Reels. According to the company, the AI-powered product provides brands with "unparalleled transparency into their content adjacencies on Reels". Pricing on the new product was not announced. The company first announced its AI product for Meta in March. (More... <https://www.socaltech.com/fullstory/0083676.html>) *Sonos Gets Setback In Patent Lawsuit Against Google* <https://www.socaltech.com/fullstory/0083675.html> Santa Barbara-based *Sonos <https://www.sonos.com>* has seen a setback in its legal efforts against *Google <https://www.google.com>*, as a judge on Friday ruled that Sonos patents were unenforceable <https://www.reuters.com/legal/litigation/google-wins-reprieve-325-mln-verdict-sonos-patent-fight-2023-10-09/>, saying that a $32.5M verdict in the favor of Sonos was not valid. Sonos said it will appeal the case.(More... <https://www.socaltech.com/fullstory/0083675.html>) *RECURRING REVENUE CONFERENCE November 9, 2023, Culver City <https://bit.ly/3o8EgqK>* Southern California's premier SaaS and Subscription conference, our one-day event draws top founders, executives, investors, and Cloud experts. Experience a dynamic program with 20+ sessions, including keynotes, fireside chats, breakout sessions, and roundtable discussions. This year's insights span AI, metrics that matter, scaling strategies, making a pivot, and more. Keynotes include ChowNow and HackerOne CEOs. Attendees will enjoy plenty of networking time during breakfast, lunch, coffee cart breaks, and cocktails on the patio. Join us on November 9th at the Culver City Hilton to learn from industry leaders in the SaaS and subscription ecosystem. Learn more at: https://bit.ly/3o8EgqK Use promo code SOCALTECH for a 20% discount. *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 ------------------------------ *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 October 24, Los Angeles -- *Generative AI* Generative AI and technology networking. PMI-LA collaborates with AITP-LA for an in-person, informative, and engaging Industry Networking Meeting with a panel discussion of Chief Technology/Information Officers (CTOs/CIOs) to discuss the implications of emerging technologies and practices. Since 2010, we. See http://www.socaltech.com/calendar/eventid/26761 November 8, Irvine -- *SoCal Startup Day* SoCal Startup Day is back! Join us at the largest startup event of the year. SoCal Startup Day is on Nov 8th in Hangar 244 at the Irvine Great Park. This years event will host over 2,000 attendees, hundreds of investors and over 50 exhibitors. The 2023 SoCal Startup Day will feature startups, VCs and Angel Investors from all over Southern California, to meet, network and help startups raise capital. Featuring new panels, guest speakers, networking, entertainment, demos, prizes, along with AMAZING food and beverages. Oh, and of course, our surprise keynote speaker! SoCal Startup Day $10 OFF VIP Passes. Promo code: SOCALTECH10. See http://www.socaltech.com/calendar/eventid/26762 November 9, Culver City -- *RECURRING REVENUE CONFERENCE * Southern California's premier SaaS and Subscription conference, our one-day event draws top founders, executives, investors, and Cloud experts. Experience a dynamic program with 20+ sessions, including keynotes, fireside chats, breakout sessions, and roundtable discussions. This year's insights span AI, metrics that matter, scaling strategies, making a pivot, and more. Keynotes include ChowNow and HackerOne CEOs. Attendees will enjoy plenty of networking time during breakfast, lunch, coffee cart breaks, and cocktails on the patio. Join us on November 9th at the Culver City Hilton to learn from industry leaders in the SaaS and subscription ecosystem. Learn more at: https://bit.ly/3o8EgqK Use promo code SOCALTECH for a 20% discount.. See http://www.socaltech.com/calendar/eventid/26765 December 30, City -- *Test Event 3* Test Description - IGNORE. See http://www.socaltech.com/calendar/eventid/26756 ------------------------------ ------------------------------ ------------------------------ *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. 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