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Apply for the Stubbs Alderton & Markiles Precellerator!

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Friday, October 31, 2014

Fandango Dangles Chance At A Real Flight To Space

Friday, October 31, 2014

Looking for your chance to make it into space? Los Angeles-based movie ticketing and information site Fandango said today that it is giving away the chance at a flight to space for film fans, as part of a promotion for the new film "INTERSTELLAR". According to Fandango, people who purchase a movie ticket to the movie using its service will be entered into a contest to win a trip to space on XCOR's Lynx Mark II spacecraft. The prize is worth $100,000. INTERSTELLAR features actors Matthew McConaughey, Anne Hathaway and Jessica Chastain. Fandango said the prize comes through a combination of andango, Paramount Pictures, XCOR, and online channel VICE. The sweepstakes is open until December 1st.

 
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Seedling: Creating A Brand Which Is Not Online, Or Offline, But Everywhere

Friday, October 31, 2014


Earlier this week, P.S. XO (formerly Moonfrye), the e-commerce company founded by Soleil Moon Frye and Kara Nortman, announced a merger with toy and crafting brand Seedling (www.seedling.com), which was founded by Phoebe Hayman. The two renamed themselves Seedling, and announced a new funding round from Upfront Venturess. We spoke with Kara Norton and Phoebe Hayman about the newly merged company, and how Pinterest and mobile are a key to the company's business – and how the company doesn't think of it as an e-commerce or retail brand, but a little bit of both.

Can you tell us a bit about the company and the merger?

Phoebe Hayman: We are bringing two companies together with a great heritage. Seedling has been around for seven years now, and we have some great strengths around international distribution and through retail Here in the U.S., we are in Nordstrom's, Macy's, Barnes and Noble, and thousands of other stores around the country. We have around 350 products all aimed at kids of all kinds of ages. We have an impulse activity line, combined with a party line as well, and the products developed by P.S. XO. We are moving towards creating a really exciting space, which is why we have partnered with Moonfrye to provide technology development to our core product line.

Talk about what's different here from a typical retail product company?

Kara Norton: The traditional, big box retailers haven't really figured out how to move their experience online....

 
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Soteria Intelligence Takes On Social Media Threat Identification

Friday, October 31, 2014

Los Angeles-based Soteria Intelligence said yesterday that it has launched a new, social media threat assessment service, to help find threats voice on social networks in real time. According to Soteria Intelligence, its service is aimed at identifying things like terrorist activity, celebrity death threats, threats of school shootings, and more by filtering through social media posting. The new company is led by Aaron Schoenberger. The company says its client include high net worth individuals, corporations, and law enforcement agencies.

 
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HashAtIt Launches Hashtag Search Engine

Friday, October 31, 2014

Need to figure out who is using what hashtag where? Los Angeles-based HashAtIt said Thursday that it has launched a brand new search engine, which aggregates and allows users to find hashtags across Facebook, Twitter, Instagram and Pinterest. The search engine works both on the web as well as through mobile apps, initially on iOS. The search engine revolves around hashtag "boards" which can be embedded into other sites or social networking pages.

 
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Apply Today For NewCo's Inside-Out Conference

NewCo is the "inside out" conference model where attendees use the working
city as the event space, and companies open their doors to welcome the
community into their offices for a one­ hour tour, conversation, or
informational session.

"NewCos" are companies that truly standout for their approach to business:
NewCos are on a mission to effect real change in their chosen market, and
they are leaders in creating workplaces that redefine traditional
approaches to work.

We are looking for smart, innovative companies to apply to join Google,
Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane,
PUBLIC Bikes, Code for America, Hightail and many others.

NewCo is expanding to Los Angeles soon. If you are a part of a company
that should be one of the Host Companies in 2014, please apply today!

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IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


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Safire Partners Executive Search

Safire Partners has completed 300+ retained executive searches since 2006
working with emerging businesses in Southern California. Please visit
our website to see an updated list of our clients and searches completed
at http://www.safirepartners.com/. We are always interested in
meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at tg@safire.la.


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SoCal IP Law Group LLP - Serving the IP Needs of Business

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

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Thursday, October 30, 2014

MakerBot Rolls Out Hello Kitty In 3D In LA

Thursday, October 30, 2014

Fans of Hello Kitty have been flocking to downtown Los Angeles over the last few weeks for the big Hello Kitty-themed display at JANM, the Japanese American National Museum, and associated Hello Kitty convention-Hello Kitty Con--being held next door at the Geffen Contemporary at MOCA (The Museum of Contemporary Art) today through Sunday. As part of all of that Hello Kitty craziness, MakerBot, the 3D printer maker, said today at the conference that it will start offering up 3D printable Hello Kitty collectibles, as part of its MakerBot PrintShop app. That app lets users download designs from an online marketplace of all kinds of 3D models. Sanrio--which owns Hello Kitty--and MakerBot said it will offer up the Hello Kitty digital designs starting at $3.99.

 
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uBeam Gets $10M For Wireless Charging

Thursday, October 30, 2014

Los Angeles-based uBeam, a developer of wireless charging technology which uses ultrasound to transmit energy, has raised $10M in a Series A funding round, the company said Thursday. The funding was led by Upfront Ventures, and also included Founders Fund, Andreessen Horowitz, CrunchFund, Ludlow Ventures, as well as angels Marissa Mayer, Tony Hsieh, Troy Carter, Shawn Fanning, and Mark Cuban. Upfront's investment was led by Mark Suster, who also joins the company's board. uBeam is led by Meredith Perry.

 
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More information » (Subscribers only)

Topera, Started in San Diego, Acquired By Abbott For $250M Plus

Thursday, October 30, 2014

Topera, a developer of medical devices used to treat atrial fibrillation, has been acquired by Abott in a $250M. Topera, until recently, was based in San Diego, but apparently moved to San Mateo in the last year or so. Abbott said it will pay $250M upfront, plus unspecified earnout for Topera this morning. Topera was venture backed by New Enterprise Associates (NEA), which led a $25M Series C financing for the company back in April of 2013, when the company was still based in San Diego.

 
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TigerText Poaches Oracle VP As Sales Chief

Thursday, October 30, 2014

Santa Monica-based secure texting and messaging provider TigerText has bolstered its enterprise sales expertise, saying this morning that it has hired Justin Nelson, most recently a VP at Oracle, as its new Chief Sales Officer. According to TigerText--whose enterprise products are used by health care providers and others for secure, regulation compliant instant text messaging--Nelson was mosst recently Vice President of Oracle's Service Cloud, overseeing its Healthcare and Life Sciences division. Nelson also had served at ShoreTel, Avaya, XO Communications, IBM, and elsewhere. The Chief Sales Officer position is a new one for TigerText, which is led by Brad Brooks.

 
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Hovelstay.com: Connecting The Adventurous Traveler With Cheap, Unique Rooms

Thursday, October 30, 2014

Are you tired of booking that "luxury room" on your favorite vacation rental site, and finding it's really a dump? The founders of hovelstay.com (www.hovelstay.com) got tired of helping to list lots of "luxury properties" on vacation rental sites--which were anything but luxury--and decided to create their own marketplace which calls a spade a spade. The company has created a marketplace which focuses on "anti-luxury" vacation rentals--many of which can be called rather "unique". We caught up with co-founder Michael Womack to learn more about the service.

What's hovelstay.com, and how is it different than all the other vacation rental sites out there?

Michael Womack: We are creating a site that has the adventurous and budget traveler in mind. We want someone to go onto the site, without a specific destination in mind, and search for an adventure through the site. We want you to go for that mini kubo for seven dollars a night because it just sounds fun. We are also after the budget traveler, who already has a destination in mind, but wants to save money. Obviously, there are already sites that you can do that, but we charge a lot less when people book a room, only one percent until February 1st, and after that only three percent for hosts and travelers. It's free to list. A lot of our competitors have had to shave their prices because travelers can't afford to pay the fees for their sites....

 
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Global Eagle Entertainment Links With Satellite Operator SES

Thursday, October 30, 2014

Los Angeles-based Global Eagle Entertainment, the developer of in-flight wireless and entertainment systems for airlines, said today that it has linked up with satellite operator SES, to bring Ku-band satellite bandwith to the company's systems. Financial details of the link were not announced by the companies. The two said they will offer up globall, KU-band satellite connectivity using SES's worlwide satellite network. SES has more than 50 satellites in its constellation, with five more in the construction stage, according to the companies. Globa Eagle Entertainment said it currently serves over 150 airlines worldwide with its Wi-Fi, movie, television, interactive software, and other products.

 
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Kurion Names VP

Thursday, October 30, 2014

Irvine-based nuclear and hazardous waste management technology developer Kurion said today that it has promoted its current Country Director for Japan, Yohei Iwasaki, to the role of Vice President. According to Kurion, Iwasaki has been overseeing projects for Tokyo Electric Power Company (TEPCO), as part of Kurion's extensive role in the cleanup of the Fukushima Daiichi Nuclear Power Plant. Iwasaki previously was co-founder of mOasis, and also served at Nishimura & Asahi and the Uchida & Samejima Law Firm. Kurion is venture backed by Lux Capital, Firelake Capital Management and Acadia Woods Partners.

 
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Get the latest Q2 2014 PwC SoCal MoneyTree Report

NEW Q2 2014 Results!

Are you interested in understanding the latest trends in venture capital
investments in Southern California? Want to know how the region did in
terms of venture capital? PwC has just posted the results of the Q2 2014
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

Download it today for free!

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Apply Today For NewCo's Inside-Out Conference

NewCo is the "inside out" conference model where attendees use the working
city as the event space, and companies open their doors to welcome the
community into their offices for a one­ hour tour, conversation, or
informational session.

"NewCos" are companies that truly standout for their approach to business:
NewCos are on a mission to effect real change in their chosen market, and
they are leaders in creating workplaces that redefine traditional
approaches to work.

We are looking for smart, innovative companies to apply to join Google,
Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane,
PUBLIC Bikes, Code for America, Hightail and many others.

NewCo is expanding to Los Angeles soon. If you are a part of a company
that should be one of the Host Companies in 2014, please apply today!

http://marcatoapp.com/website_integration/newcolosangeles2014/artists/new


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Fetch Recruiting, Inc.

Fetch Recruiting, Inc. (http://www.fetchrecruiting.com" rel="nofollow">http://www.fetchrecruiting.com)
Technical Recruiting for LA based Startups and High-Growth Companies


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Key Information Systems Announces Key Cloud

Key Information Systems, a leading IT systems integrator and Premier
IBM Business Partner based in Agoura Hills, CA, announced the
availability of Key Cloud for users of cloud computing services.

Key's new cloud services are offered in conjunction with colocation,
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Ecommerce: Latest Trends and Dynamics, November 19th, Beverly Hills

Join ACGLA for a complimentary evening event for corporate executives!

Wednesday, November 19, 5:00PM Montage Beverly Hills

This world class panel, consisting of the leaders in eCommerce, will
discuss the latest trends, valuation parameters, and developments in
eCommerce.

Topics will include:
- Middlemarket opportunities
- Trends
- Industry landscape
- Opportunities in Los Angeles
- Valuation trends and key paramters
- M&A Outlook
- Capital sources and uses

Panel includes: David Weissman, Dermastore; John Suh, LegalZoom; Rick
Smith, Crosscut Ventures; Brad Meadow, Yandy; Mark Douglas, Steelhouse.
Moderated by Ivan Nikhoo, Siemre & Associates.

Register today!
http://www.acgla.org/events/event.aspx?F_d=11%2f19%2f2014&F_y=2014&F_m=11&EventId=8634&


Wednesday, October 29, 2014

Sientra Up In IPO Trading

Wednesday, October 29, 2014

Santa Barbara-based Sientra, a developer of aethetic medicine implants, rose in its IPO on Wednesday, trading as high as $17.90 during morning trading. The company priced last night at $15 per share, selling 5 million shares of its common stock on the NASDAQ as SIEN. The company had priced at the midpoint of its initial estimated IPO range of $14.00 to $16.00 last night. Sientra was venture backed by OrbiMed, Clarus Ventures, Abingworth MAanagement, Goldman Sachs, and TIAA-CREF, among others. Sientra makes breast and other implants.

 
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Amgen Plans To Cut 1100 More

Wednesday, October 29, 2014

The news for employees over at Thousand Oaks-based Amgen got worse on Tuesday, after the company said it is deepening job cuts, and plans to now cut 20 percent of its employees as part of previously announced cutbacks at the company. Amgen--which originally planned to cut around 15 percent of its staff--said in a regulatory filing Tuesday it will reduce staffing by approximately 600 to 1,100 positions in addition to the previously announced cuts. That will bring its total number of employee cuts to between 3,500 and 4,000 positions by the end of 2015.

 
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SpaceX Thrust Into Critical Role After Competitor's Catastrophic Explosion

Wednesday, October 29, 2014

Hawthorne-based SpaceX has been thrust into a critical role with NASA, after a catastrophic launch failure and explosion in Virginia Tuesday evening. Orbital Sciences aborted the launch of its Antares rocket mission Tuesday evening, scattering pieces of its rocket across the night sky. The rocket had carried 5,000 pounds of experiments and equipment for the crew of the International Space Station. Both Orbital Sciences and SpaceX had been selected to help provide resupply services to the ISS by NASA. Unlike the spectacular failure by Orbital Sciences, SpaceX has been successfully delivering cargo to the ISS on a regular schedule, most recently returning a payload from the ISS last week. Orbital Sciences is not using its own rockets, but instead is using refurbished rockets from Russia. Orbital Sciences' Antares has been grounded as the company and NASA work on determining the reason for the failure, leaving only SpaceX as a commercial resupply operator for the ISS.

 
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P.S. XO, Seedling Merge, Raise $7M For Children's Crafts, Toys

Wednesday, October 29, 2014

Los Angeles-based P.S. XO, the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling, and raised $7M in a funding round. The funding came from Upfront Ventures and Greycroft Partners. P.S. XO and Seedling both have offered a multi-channel, comprehensive strategy that brings crafts and toys not just to retail locations but also e-commerce. The companies are also heavily social, with a huge focus on posting their items on sites like Pinterest. According to the newly merged firm, Seedling's goal is to provide both online and offline ways to help parents entertain their children, plan parties, and find gifts. Seedling is led by Phoebe Hayman, and has been selling its products at such retailers as Neiman Marcus, Nordstrom, Macy's, Barneys, Harrods, Selfridges, and elsewhere. Soleil Frye Moon is an actress best known for her role as "Punky" Brewster.

 
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weeSPIN Finds Funding For Social Networking App

Wednesday, October 29, 2014

Los Angeles-based weeSPIN announced late Tuesday that it has raised a seed investment round for its music-focused, social networking app. weeSPIN is led by Darius Fong, and offers up an app with a collaborative playlist and connects to streaming music services like Soundcloud and Spotify. Source and size of the seed funding were not announced by he company, however, the company said its advisors and investors include Kevin Fong (formerly of Mayfield Fund), Kelli Richards (formerly of Apple), and Andy Ann (NDN Group, Hotmob). weeSPIN's app currenly only runs on iOS.

 
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More information » (Subscribers only)

Taco Bell Launches Mobile Ordering, Payment App

Wednesday, October 29, 2014

Irvine-based quick serve restaurant chain Taco Bell said Tuesday that it has launched mobile ordering and payment -- thanks to technology from Los Angeles-based Tillster. Taco Bell said it will let users order and pay for food at the restaurant using either a new iOS or Android mobile ordering app. Taco Bell said its new app lets users custom order ingredients and pay for orders, which can be picked up through drive through or a separate line within the store. Much of the functionality of the new app come thanks to the efforts of Tillster--led by Perse Faily--which develops mobile, kiosk, and other ordering systems and software for quick serve restaurants.

 
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TYLT Rolls Out Wireless Car Charging Mount

Wednesday, October 29, 2014

Los Angeles-based electronics accessory maker TYLT has rolled out a pair of new wireless charging product Tuesday. Those products include a wireless car charging mount, which combines wireless charging with a place to put your smartphone or tablet while driving, and a standalone wireless charging pad called the VU SOLO. TYLT's VU Wireless Charging Car Mount is a car mount which supports up to 5.7 inch displays and also includes a built in, wireless charging pad with support for the Qi wireless charging standard. TYLT said it is targeting owners of such devices as the Verizon Motorola Droid Turbo, Google Nexus 6 and Lumia 830 with the new products. The charging pad costs $39.99 and the car mount costs $79.99.

 
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iRise Offers Up Software To Local Universities

Wednesday, October 29, 2014

El Segundo-based iRise, which develops enterprise visualization software used by companies for developing their internal applications, said yesterday that it has started offering up its software to students at two local universities. iRise said it will provide software licenses to students at California State University, Fullerton (CSUF) and California State Polytechnic University, Pomona (CPP), via those schools' graphic design and arts departments. iRise said those students will not only use their software as part of courses, but will be eligible for certification by iRise at the end of the program. iRise develops software which helps companies design corporate applications without software coding.

 
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La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator

Local branding agency launches a new design-centric accelerator program. We
help you streamline the launch of your startup by offering world-class
branding, product strategy, user-experience design, rapid-prototyping
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UK Trade & Investment (UKTI)

Part of the UK government’s commercial arm, UK Trade & Investment (UKTI)
helps American companies bring their high-quality investment to the UK's
dynamic economy, acknowledged as Europe's best place from which to succeed
in global business. We also help UK-based companies succeed in the global
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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


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Safire Partners Executive Search

Safire Partners has completed 300+ retained executive searches since 2006
working with emerging businesses in Southern California. Please visit
our website to see an updated list of our clients and searches completed
at http://www.safirepartners.com/. We are always interested in
meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at tg@safire.la.


Tuesday, October 28, 2014

Edmunds.com Buys Hackathon Winner CarCodeSMS

Tuesday, October 28, 2014

Los Angeles-based Edmunds.com said Tuesday that it has acquired CarCodeSMS, a developer of mobile service to allow car shoppers to engage in one-on-one text messaging with dealers. Financial terms of the buy were not disclosed. Edmunds.com said it has renamed CarCode SMS under the new name Edmunds CarCode as part of the acquisition, which came as a direct result of CarCodeSMS winning a recent "hackathon" sponsored by the Edmunds.com. CarCodeSMS had won $20,000 as part of Edmunds.com's Hackomotive competition earlier this year, and also had participated in a three month, accelerator program in house at Edmunds.com called Fastlane. As part of the buy, Edmunds.com said it would make the CarCode service free to all of its franchise partners. CarCodeSMS had won won Edmunds' second annual Hackomotive challenge last February.

 
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Tinder Gets Investment From Benchmark

Tuesday, October 28, 2014

Los Angeles-based mobile dating app developer Tinder said late Tuesday afternoon that it has scored an equity investment round from Benchmark. Size of the investment was not announced. According to Tinder, Benchmark takes an undisclosed equity stake in the company and also has added Matt Cohler to Tinder's board of directors. Tinder, which is led by Sean Rad, had been entirely owned by Match Group/IAC. Tinder develops an immensely popular mobile app which lets users swipe left or right to indicate if they'd like to potentially meet other users, based entirely on how much they are attracted to that user's photo.

 
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More information » (Subscribers only)

ScoreBig Finds $18M

Tuesday, October 28, 2014

Los Angeles-based ScoreBig, the online live event ticket marketplace led by David Goldberg, said this morning that it has raised $18m in a new funding round. The round was led by Hearst Ventures, and also included the company's prior investors. As part of the funding, George Kliavkoff of Hearst Entertainment & Syndication joins the company's board. ScoreBig helps sports teams, live event venues, and others sell unsold tickets using a reverse auction. The company said it more than doubled its revenues this year. The funding goes towards expansion of online and mobile products, strategic partnerships, and for marketing.

 
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SolarReserve Buys Unit Of Aerojet Rocketdyne

Tuesday, October 28, 2014

Santa Monica-based utility-scale, solar power developer SolarReserve said Monday that it has acquired the Concentrating Solar Power (CSP) business of Aerojet Rocketdyne. Financial terms of the buy were not disclosed. According to SolarReserve, it will use the acquisition of the unit to bolster its intellectual property in the area of molten salt technology for solar thermal power. SolarReserve said it also will hire key personnel from Aerojet Rocketdyne with the technology acquisition, including the hiring of Aerojet Rocketdyne's Chief Engineer, George O'Connor.

 
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Newegg Kicks Off Holiday Season

Tuesday, October 28, 2014

It looks like it's the start of the holiday shopping season, once again, as Los Angeles-based e-tailer NewEgg announced the beginning of its "Black November". Newegg has been offering up weekly deals and specials for the last six years through the entire week of November, entirely bypassing the traditional "Black Friday" start to the holiday season. Newegg said its first deals will roll out on November 1st.

 
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Calient Technologies Names Sales SVP

Tuesday, October 28, 2014

Santa Barbara-based optical switching technology developer Calient Technologies said this morning that it has named Erik Leonard as its Senior Vice President of Sales. Leonard had most recently been Vice President of Sales for its Service Provider and Digital Entertainment markets area. He also has served at Lineage Power, on2 Technologies, Narus, Maple Optical Systems, Cisco Systems, GTE Internetworking, and AT&T Data networks. Calient's optical switches are used in the data center.

 
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Forza Silicon Rolls Out Image Sensor

Tuesday, October 28, 2014

Pasadena-based image sensor and mixed signal IC developer Forza Silicon announced this morning that it has rolled out a new, reconfigurable image sensor design aimed at the Internet of Things (IoT) market. According to Forza Silicon, the new reconfigurable image sensor is aimed at connecting smart sensors to the Internet, smart cars, smart electricity grids, and other applications. Among the types of things that can be reconfigured on its new chip are support for different network connections and memory connections; different image processing schemes (high dynamic range, color, motion detection, object recognition, etc.), power, and many other factors.

 
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Advertisement

Get the latest Q2 2014 PwC SoCal MoneyTree Report

NEW Q2 2014 Results!

Are you interested in understanding the latest trends in venture capital
investments in Southern California? Want to know how the region did in
terms of venture capital? PwC has just posted the results of the Q2 2014
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

Download it today for free!

http://www.socaltech.com/pwc/PwC%20Shaking%20the%20MoneyTree%20Q2%202014.pdf
http://www.socaltech.com/pwc





Advertisement

Ecommerce: Latest Trends and Dynamics, November 19th, Beverly Hills

Join ACGLA for a complimentary evening event for corporate executives!

Wednesday, November 19, 5:00PM Montage Beverly Hills

This world class panel, consisting of the leaders in eCommerce, will
discuss the latest trends, valuation parameters, and developments in
eCommerce.

Topics will include:
- Middlemarket opportunities
- Trends
- Industry landscape
- Opportunities in Los Angeles
- Valuation trends and key paramters
- M&A Outlook
- Capital sources and uses

Panel includes: David Weissman, Dermastore; John Suh, LegalZoom; Rick
Smith, Crosscut Ventures; Brad Meadow, Yandy; Mark Douglas, Steelhouse.
Moderated by Ivan Nikhoo, Siemre & Associates.

Register today!
http://www.acgla.org/events/event.aspx?F_d=11%2f19%2f2014&F_y=2014&F_m=11&EventId=8634&


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SAM Congratulates Beats Music and Beats Electronics

Stubbs Alderton & Markiles, LLP would like to congratulate long time client
Beats Electronics and Beats Music in their acquisition by Apple, Inc.

In addition to acting as Beats' counsel since its formation in 2008 by Dr.
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assisting in the acquisition transaction included Scott Galer, Gaurav
Krishan and Mariam Tonya Karson.

For more information about our services, contact Heidi Hubbeling at
hhubbeling@stubbsalderton.com or (310) 746-9803.


Advertisement

Apply Today For NewCo's Inside-Out Conference

NewCo is the "inside out" conference model where attendees use the working
city as the event space, and companies open their doors to welcome the
community into their offices for a one­ hour tour, conversation, or
informational session.

"NewCos" are companies that truly standout for their approach to business:
NewCos are on a mission to effect real change in their chosen market, and
they are leaders in creating workplaces that redefine traditional
approaches to work.

We are looking for smart, innovative companies to apply to join Google,
Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane,
PUBLIC Bikes, Code for America, Hightail and many others.

NewCo is expanding to Los Angeles soon. If you are a part of a company
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SoCal IP Law Group LLP - Serving the IP Needs of Business

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Monday, October 27, 2014

Payoff.com Gets $12M From Bond Guru

Monday, October 27, 2014

Costa Mesa-based Payoff.com, which operates a peer-to-peer, lending site led by Scott Saunders--and whose Chief Scientist is Galen Buckwalter, who was the Chief Scientific Officer at eHarmony--has raised $12M in a funding effort. The funding was led by Mohamed El-Erian, the finance guru who was at Pacific Investment Management Co. Other details on the funding have not yet been released.

 
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Enrou Wins $400,000 From Forbes

Monday, October 27, 2014

Los Angeles-based Enrou, an online marketplace for fashion and lifestyle products which benefit causes such as education, entrepreneurship, the environment, empowerment of women, and youth, has scored a $400,000 prize from Forbes, as part of a competition from the magazine publisher. Enrou--led by Ann Wang--won over over a hundred other companies who had applied for the prize. The five finalists for the Forbes competition had to pitch their ideas to a panel that included Atom Factory's Troy Carter and former AOL head Steve Case. Enrou was also one of the finalists for the recent Chick Launcher competition here in Los Angeles.

 
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Elon Musk Warns On Runaway Artificial Intelligence

Monday, October 27, 2014

Elon Musk, the technology mogul and visionary who has brought us such technology innovations widespread electronic payments via PayPal, electric cars via Tesla Motors, and commercial rocket service via SpaceX, warned that artificial intelligence has the threat of becoming mankind's "biggest existential threat". Musk likened the technology to "summoning the demon". Musk's comments on the technology were made last week at MIT. Musk's opinions on the subject came after an audience question on where AI technology is today.

 
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D-Link Dangles Free Wi-Fi Cameras To The Haunted

Monday, October 27, 2014

Do you have ghosts in your attic? In an interesting promotion for the upcoming Halloween holiday, Fountain Valley-based
D-Link, the maker of network switches, wireless hotspots, wireless cameras, and other accessories, said it is giving away free cameras to "ghost hunters". D-Link is asking people to submit their stories on why they need a camera. D-Link is giving away two different cameras in the promotion--both of which have ability to capture images in complete darkness, and also include motion detection features and alerts for mobile devices. D-Link's outdoor camera is waterproof, but the company did not say if its cameras are immune to ectoplasmic slime.

 
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TVC Portfolio Company Limeade Gets $25M More

Monday, October 27, 2014

Limeade, a developer of software which helps employers improve the health of their employees, has raised a big, $25M funding round, the company said this morning. Limeade is backed by San Diego-based private equity investor TVC Capital. The new funding round was led by Oak/FT Partners. TVC Capital also participated in the new funding. Limeade is based in Seattle. TVC Capital's investment in Limeade is overseen by Stephen Hamerslag.

 
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International Rectifier Gets Nod On Infineon Buy

Monday, October 27, 2014

El Segundo-based International Rectifier announced this morning that it has gotten a federal nod on the $3 billion acquisition of the company by Infineon. IR said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired at midnight on Friday. Infineon said in August that it would pay $40 in cash per share for International Rectifier. IR develops power conversion semiconductors.

 
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Apple Opens TestFlight Beta

Monday, October 27, 2014

Apple said late last week that it has expanded access to TestFlight, the app beta testing platform, letting developers invite up to 1,000 testers to beta test their iOS apps. Apple's TestFlight service comes courtesy the acquisition earlier this year of Los Angeles-based Burstly, which was venture backed by Upfront Ventures, Rincon Venture Partners, SoftBank Capital, and Founder Collective. Burstly, which was led by Evan Rifkin, acquired TestFlight back in 2012. TestFlight was created by Ben Satterfield.

 
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Kareo Gets $15M Debt Funding

Monday, October 27, 2014

Irvine-based Kareo, which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. The company said the new funding brings its total raised to $47M in 2014. Terms of the new funding were not announced. Kareo, which is led by Dan Rodrigues and which targets small medical practices, said the new funding goes towards expanding its reach and development of its technology.

 
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Local Corporation Links With Search Fraud Detection Firm

Monday, October 27, 2014

Irvine-based local search and advertising technology developer Local Corporation announced today that it has tied with search fraud detection company Fraudlogix, to help improve traffic quality for display ads on its network. Financial details of the link were not disclosed. Local Corporation said it is engaging Fraudlogix in order to protect its advertisers from fraud, and also meet IAB requirements on helping to eliminate fraudulent traffic and malware.

 
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