*socaltech.com <http://socaltech.com> TechNews - Wednesday, April 3, 2024* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * Bank of California (http://www.bancofcal.com) KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Storiaverse Aims At Mobile Entertainment, Backed By $2.5M <#0083903> - Fisker Ocean Investigated For Doors That Won't Open <#0083901> - 3E Acquires Quick-FDS <#0083902> - Bench Talent In Merger, Funding Deal <#0083898> - Tourmo Expands In San Diego <#0083899> - Reveleer Names CMO <#0083900> - April Fool's Product From Saucey: Beer Goggles <#0083897> - Yardi Gets Win In Oman <#0083896> - Report: Fisker Lost Track Of Customer Payments, Has Audit Crisis <#0083895> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Wednesday, April 3, 2024* *Banc of California, Venture Banking Group <https://www.bancofcal.com>* Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. For more information, visit us at www.bancofcal.com. *Storiaverse Aims At Mobile Entertainment, Backed By $2.5M* <https://www.socaltech.com/fullstory/0083903.html> Los Angeles-based Storiaverse said this morning that it has launched a new app aimed at helping writers and animators to create "immersive, animated content". According to the company its app--which runs on iOS and Android--combines animated video, audio, and text and delivers it as a story to consumers. The company's founders are David Kierzkowski (CEO) and Agnes Kozera (Chief Content Officer), who co-founded FameBit (acquired by Google in 2016), and Podcorn (acquired by Audacy). (More... <https://www.socaltech.com/fullstory/0083903.html>) *Fisker Ocean Investigated For Doors That Won't Open* <https://www.socaltech.com/fullstory/0083901.html> Los Angeles-based Fisker Automotive hit another stumbling block this week, after the National Highway Traffic Safety Administration (NHTSA) reported it has opened up an investigation into reports that Fisker's 2023 Oceans doors have failed and will not open. According to the NHTSA, it has received 14 complaints of "intermittent failure of the latch and handle preventing the opening of the driver, front passenger and/or rear doors". ( More... <https://www.socaltech.com/fullstory/0083901.html>) *3E Acquires Quick-FDS* <https://www.socaltech.com/fullstory/0083902.html> Carlsbad-based *3E <https://www.3eco.com>*, which provides compliance products for the chemical and workplace safety market, said early this morning that it has acquired *Quick-FDS*, a provider of workplace safety solutions in France. Financial details of the the deal were not announced. The company said the acquisition will further expand its presence in Europe, and the French market in particular.(More... <https://www.socaltech.com/fullstory/0083902.html>) *Bench Talent In Merger, Funding Deal* <https://www.socaltech.com/fullstory/0083898.html> San Diego- and London-based Bench Talent says it has formed out of the merger of two companies, Fulcrum, and the Future of Work consulting arm of Open Assembly. Financial details of the merger and investment were not announced. According to the newly merged company, the deal was backed by exiting investors Communitas Capital and Greatscale Ventures. Fulcrum is a "enterprise talent marketplace aggregator" and the Open Assemly division provide "freelance talent advisory". (More... <https://www.socaltech.com/fullstory/0083898.html>) *Tourmo Expands In San Diego* <https://www.socaltech.com/fullstory/0083899.html> *Tourmo <https://www.tourmo.ai>*, a developer of fleet operations management software, says it has relocated its headquarters to the middle of San Diego's technology hub, along Nobel Drive. The company did not say how square feet the company is taking at the new location, or how many employees will be based there. The new locationis at 3655 Nobel Drive, Suite 660. The company cited a "thriving community of tech startups and biotech companies" in the location for its move.(More... <https://www.socaltech.com/fullstory/0083899.html>) *Reveleer Names CMO* <https://www.socaltech.com/fullstory/0083900.html> Glendale-based, AI-powered healthcare data and analytics software developer *Reveleer <https://www.reveleer.com>* said today that it has named Alan Tan as its Chief Marketing Officer. The company said Tan was most recently Chief Marketing Officer at Actium Health, and has over 25 years of marketing experience.(More... <https://www.socaltech.com/fullstory/0083900.html>) *April Fool's Product From Saucey: Beer Goggles* <https://www.socaltech.com/fullstory/0083897.html> In the long tradition of April Fool's fake product announcements, Los Angeles-based alcohol delivery service *Saucey* "launched" a "product" this morning it called "Saucey Beer Goggles", ostensibly for the Apple Vision Pro. Their "launch video" for the "product" was posted on YouTube <https://www.youtube.com/watch?v=snrFvdK6g_E>.(More... <https://www.socaltech.com/fullstory/0083897.html>) *Yardi Gets Win In Oman* <https://www.socaltech.com/fullstory/0083896.html> Santa Barbara-based property management software provider *Yardi <https://www.yardi.com>* says it has signed up a new customer, in Muscat, Oman -- a central warehousing, distribution and logistics center in the country. According to the company, the Kha, haszaen Fruit and Vegetable Central Market "Silal", has signed up as a customer of its Yardi Voyager product. Financial details of the win were not announced.(More... <https://www.socaltech.com/fullstory/0083896.html>) *Report: Fisker Lost Track Of Customer Payments, Has Audit Crisis* <https://www.socaltech.com/fullstory/0083895.html> A report this morning says that struggling Los Angeles-based EV maker Fisker Automotive lost track of millions of dollars of customer payments last year, and has been tied up in an internal, auditing crisis trying to track down where those payments went. According to the report, Fisker lost track of "down payments and in some cases, the full price of the vehicles", because of "lax internal procedures" for keeping track of them. (More... <https://www.socaltech.com/fullstory/0083895.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]. ------------------------------ *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 * 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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