*socaltech.com <http://socaltech.com> TechNews - Thursday, April 11, 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 * - BlackLine Joins AI Bandwagon <#0083914> - Wave Energy Company Plans Project At Port of Los Angeles <#0083913> - FloQast Gets $100M, Valued At $1.6 Billion <#0083912> - FaceCake Rolls Out AI Shopping In AR <#0083911> - USC To Hold Student Videogame Expo <#0083910> - Platform Science Gets $125M <#0083909> - Gavel Launches PDF Product <#0083908> *Marketplace* - Banc of California, Venture Banking Group <#ad797> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> *Thursday, April 11, 2024* *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 *BlackLine Joins AI Bandwagon* <https://www.socaltech.com/fullstory/0083914.html> Los Angeles-based accounting software developer BlackLine announced a new, AI-powered feature, joining the trend of companies adopting AI in their software. According to BlackLine, its new product, Journals Risk Analyser, uses generative AI to "provide key trends, insights, and anomaly detection associated with journal entries". (More... <https://www.socaltech.com/fullstory/0083914.html>) *Wave Energy Company Plans Project At Port of Los Angeles* <https://www.socaltech.com/fullstory/0083913.html> A European developer of a system for generating power from waves, Eco Wave Power Global AB, says it has signed a contract to demonstrate its wave energy systems at the Port of Los Angeles. The company said the demonstration project--run with a "major energy company"--will be its first project in the United States. (More... <https://www.socaltech.com/fullstory/0083913.html>) *FloQast Gets $100M, Valued At $1.6 Billion* <https://www.socaltech.com/fullstory/0083912.html> Los Angeles-based finance and accounting software developer FloQast said on Wednesday that it has raised $100M in a Series E funding round, which valued the company at $1.6 billion. The funding was led by ICONIQ Growth, and also included BDT & MSD Partners, WiL (World Innovation Lab), along with Meritech Capital and Sapphire Ventures. ICONIQ Growth's Roy Luo joins the company's board of directors as part of the funding. White Whitmire is CEO and co-founder of FloQast. (More... <https://www.socaltech.com/fullstory/0083912.html>) *FaceCake Rolls Out AI Shopping In AR* <https://www.socaltech.com/fullstory/0083911.html> Los Angeles-based *FaceCake <https://www.facecake.com>* said it is rolling out a new, AI shopping product called AVA. According to the company, the new AI-powered product stands for AVA (Acquire, Validate, Adapt), and will help provide personalized shopping in augmented reality, running in Google Cloud. FaceCake is led by CEO Linda Smith. The company said that AVA is a "cutting-edge AI personal shopper and stylist".(More... <https://www.socaltech.com/fullstory/0083911.html>) *USC To Hold Student Videogame Expo* <https://www.socaltech.com/fullstory/0083910.html> *USC Games*, the game design program at the *University of Southern California*, is re-launching its annual showcase of student created games, the US Games Expo, according <https://venturebeat.com/games/usc-games-expo-returns-to-campus-on-may-7-with-over-60-games/> to the school. The showcase features 60 games created by students, along with a live esports tournament.(More... <https://www.socaltech.com/fullstory/0083910.html>) *Platform Science Gets $125M* <https://www.socaltech.com/fullstory/0083909.html> San Diego-based Platform Science says it has raised $125M in new funding in a growth capital round, for the company's fleet and transportation software. The company said the funding came from C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider, along with new financial advisors Activant Capital, BDT & MSD Partners, and Manhattan Venture Partners, plus existing investors 8VC, NewRoad Capital Partners, and Prologis Ventures. (More... <https://www.socaltech.com/fullstory/0083909.html>) *Gavel Launches PDF Product* <https://www.socaltech.com/fullstory/0083908.html> Los Angeles-based legal workflow automation software developer Gavel said today that it has launched a new PDF automation product. According to the company, the company's software allows users to answer questionnaires to automatically generate documents like court and government forms. The company says its software will automatically generate PDF document sets appropriately filled with the client information each time. Pricing on the software was not announced. (More... <https://www.socaltech.com/fullstory/0083908.html>) *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. *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]. *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 ------------------------------ ------------------------------ ------------------------------ *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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