THE FRESH SQUEEZE
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Hello July and hello summer of activity!
I think you'll see in this issue of the newsletter that things are heating up for the summer with our local tech companies. From big acquisitions (
Boost Mobile
,
Flatiron School
, and more) to some major fundings, including
Anduril
. What's fantastic about Anduril is Palmer Luckey returning to the OC to do company number two. This brings more capital, experienced talent, and leans into our aerospace roots. Excited to see success breed more success locally.
In this issue, we have also compiled all the
fundings
and
acquisitions
of the quarter in their respective sections as blog posts. Give it a read and send us your feedback as well as any other news we can help promote to get the word out about OC tech.
Cheers,
Neal
P.S. Don't forget to check out our OC Covid-19 news and resources:
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Local Podcast - Accelerate OC
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Listen
to Carey Ransom
interview
Mike Gentile, founder and CEO of CISO Share, which provides on-demand professional services in the information security industry.
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ORANGE COUNTY TECH ECOSYSTEM NEWS
OC companies
support
returning to work with new tech
Irvine's CoreLogic
introduces
AI tool, OneHome, for home buyers
Inari Medical
continues
strong growth after IPO with over $2.3B market cap
Trump administration
awards
Irvine's Anduril contract for virtual border security
Irvine's Happy Fox
reaches
$10M ARR milestone with zero outside funding
AI-powered subscription box startup Baby Box
wins
UCI New Ventures Competition Grand Prize
OC's gaming and esports ecosystem
enjoys
boom during coronavirus
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OFFICE EXPANSIONS
Amazon
considers
new last-mile logistics facility at former Mitsubishi Motors campus in Cypress
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DEALS
Irivne's Anduril
raises
$200M Series C round led by Andreessen Horowitz
Okami Medical of Aliso Viejo
closes
$7.2M Series D round led by U.S. Venture Partners
Arqlite, of Santa Ana,
secures
investment from CEMEX Ventures for an undisclosed amount
We put together a comprehensive list of Q2 fundings
here
. Take a look!
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ACQUISITIONS
Boost Mobile of Irvine
acquired
by Dish Network for $1.4B
Newport Beach-based Carrick Capital
acquires
Flatiron School from WeWork for undisclosed terms
Irvine's NetObjex
buys
VitalGrid for undisclosed terms
Laguna Niguel's ActivePDF
bought
by PDFTron for undisclosed terms
We put together a comprehensive list of Q2 acquisitions as well
here
.
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EvoNexus Orange County is accepting applications from deep tech, life science, and fintech startups,
Open Deadline
Innovation and Entrepreneurship with Professor and Investor Steven Mednick,
July 13
Women-Focused Workshop Series: Using Specific Aims to Organize your SBIR Research Plan,
July 15
Negotiation Tools for Small Business,
July 15
VC Speaker Series: Featuring Saurabh Suri from CerraCap Ventures,
July 17
How Equity Crowdfunding Helps Achieve Success,
July 20
Women-Focused Workshop Series: Budgets for SBIR Grants,
July 22
Reinventing Your Sales Mindset to Thrive Through Uncertainty,
July 23
MasterMinds Pitch Practice Tech Startup Accelerator,
July 23
Women-Focused Workshop Series: Writing SBIR Research Plans with Enough Technical Detail,
July 29
Virtual Ophthamology Technology Summit hosted by Octane,
August 6-8
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Senior Developer,
SAP
(Newport Beach)
Sr. Frontend Developer,
Zigzy
(Tustin)
Front End Developer,
Calance
(Remote)
Marketing Communications Manager,
SYSPRO
(Costa Mesa)
Product Marketing Manager,
Amazon
(Irvine)
Digital Marketing Manager,
Centercode
(Laguna Hills)
Senior Product Manager,
GroupFire
(Costa Mesa)
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