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Friday, May 22, 2015

Companion Medical Raises $3M For Bluetooth-Enabled Insulin Delivery System

Friday, May 22, 2015

San Diego-based Companion Medical, a developer of a Bluetooth- and smartphone app-enabled insulin delivery system for diabetics, has raised $3M in a Series B funding, the company said this week. The funding came from Eli Lilly & Company. Companion Medical, which is led by Sean Saint, develops an "insulin pen" which is Bluetooth enabled, and connects to a smartphone app, to deliver insulin to patients when needed.

 
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DIRECTV Launches Streaming TV App For Kids

Friday, May 22, 2015

El Segundo-based satellite television service DIRECTV has launched a new, iOS application which lets kids view its content for free on their iOS device--as long as families are already subscribers to the service. According to DIRECTV, its new DIRECTV Kids App runs on the Apple iPhone and iPad, and lets children stream hundreds of children's shows and kid-friendly movies anytime, at no extra charge. The kid friendly app provides on demand access to content from Nickelodeon, Cartoon Network, HBO, STARZ, Sprout and other networks based on a customer's current DIRECTV programming package.


The service looks to be the second, over-the-top video service from DIRECTV, which launched a over-the-top streaming video service aimed at the Hispanic community in December. Satellite television competitor DISH has also been ramping up its over-the-top streaming efforts via Sling TV, which is more broadly aimed at all television viewers. DIRECTV Kids looks to be more of a direct competitor to Hulu's own kids service, Hulu Kids.

 
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RealD Files Patent Infringement Suit In Europe

Friday, May 22, 2015

Los Angeles-based 3D movie projection technology developer RealD has filed a patent infringement suit in Paris, saying that a 3D manufacturer and cinema operator are infringing upon a European patent. RealD did not name the manufacturer and cinema operator. The company said the lawsuit was filed with the Paris First Instance Court, and covers European patent
patent No. 2067066, entitled "Polarization Conversion Systems for Stereoscopic Projection". That patent was issued in ovember of 2014.

 
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Demand Media Shuffles Execs

Friday, May 22, 2015

Santa Monica-based Demand Media has had another shuffle in its executive ranks, saying late Thursday that it has named Brian Pike, currently its Chief Technology Officer, to the role of Chief Operating Officer. In addition, Demand Media said that Julie Campistron, who had been Executive Vice President, Media, will step down from the company, with Scott Boecker, Executive Vice President, Marketplaces, also leaving the company. Pike had joined Demand Media in November of 2014 from Rubicon Project, where he also served as CTO. The changes come as new Demand Media CEO Sean Moriarty continues to remake the company's executive suite. Pike had served with Moriarty back at Ticketmaster, where he also had served as CTO.

 
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Core Innovation Capital Backs Ripple Labs

Friday, May 22, 2015

Los Angeles-based fintech venture investor Core Innovation Capital has made another investment, this time in San Francisco-based payment technology developer Ripple Labs. Ripple announced the investment earlier this week, saying it had raised $28M for its real time payments technology for the finance and banking industry. Investors in the round included Los Angeles-based Core Innovation, along with IDG Capital partners, CME Group, and Seagate, AME Cloud Ventures, ChinaRock Capital Management, China Growth Capital, Wicklow Capital, and Bitcoin Opportunity Corp., Route 66 Ventures, RRE Ventures, Vast Ventures, and Venture 51.

 
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More information » (Subscribers only)

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Finalists Announced! EY Entrepreneur Of The Year 2015

Buy your tickets now to see who will take home top honors at this year’s
Greater Los Angeles Awards Gala on June 16, 2015 at the Beverly Hilton
Hotel.

Recognized globally in 145 cities and 60 countries, the EY Entrepreneur
Of The Year Awards honors the most outstanding entrepreneurs who inspire
others with their vision, leadership and achievement. These business
leaders were selected by an independent panel of judges.

Collectively, these 24 finalist companies employ close to 17,000 people.
On average, they have increased their workforce by more than 63% and have
grown their revenues by 81% over the last two years.

To see the full list of finalists and purchase tickets for the Awards
Gala, please visit our website: http://bit.ly/EOYFINALISTS. Please join
us in congratulating these inspiring leaders on social media using
#EOYGLA.


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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
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Contact:
Braven Greenelsh
CEO

braven@lavisual.com
info@lavisual.com

Direct: 323-924-8847 | Studio: 818-824-6430 | Fax: 888-763-7412

Website:
Lavisual.com

Linkedin Profile:
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Safire Partners Executive Search

Safire Partners has completed 500+ retained executive searches since 2006
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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

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

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


Thursday, May 21, 2015

Frost Data Capital Backs Maana For Big Data Search

Thursday, May 21, 2015

San Juan Capistrano-based Frost Data Capital, the investment and incubation effort led by Stuart Frost, has backed Maana, the developer of a big data search engine technology. Maana said Wednesday that it raised $14M in a funding round, which came from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital. Maana is based in Silicon Valley. The investment is somewhat unusual, in that Frost has generally been investing in companies it has incubated directly, or where it has worked directly with the founders to start the company, rather than in outside startups

 
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TrueCar Sued By California Car Dealers

Thursday, May 21, 2015

Santa Monica-based TrueCar has been sued by a group of California car dealers, via the California New Car Dealers Association, which alleges that the auto buying site is noncompliance with California's laws regarding dealer licensing. The California New Car Dealers Association says that TrueCar is acting as a dealer and broker of new cars, and that as a result it is violating California law. The group said that both consumers and new car dealers are not being protected because TrueCar does not have a Dealer or Auto Broker license. TrueCar, in responding to the suit, said that it is confident it can demonstrate the compliance of its business model with California law, and said it has invested a "tremendous amount" of resources into compliance with laws, and that the firm has confirmed that with the California Legistlative Counsel Bureau and the California Department of Motor Vehicles.

 
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Ixia Partners On Automotive Networking Testing

Thursday, May 21, 2015

Calabasas-based network measurement equipment and software developer Ixia is in a partnership to provide Ethernet validation and conformance testing for the automotive industry, according to the company. Ixia said it has partnered with C&S Group on the effort to safeguard, validate, and optimize automotive Ethernet communications. Ixia said that Ethernet networking is quickly becoming the standard being used for in-vehicle communications. C&S Group is based in Germany, and provides interoperability and conformance testing.

 
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Kofax Wins $1.2M Deal

Thursday, May 21, 2015

Irvine-based Kofax reported a $1.2M win Wednesday with a global engineering, architecture, and environmental firm. The name of the customer was not disclosed. Kofax aid its customer is using its products to automate it human resources onboarding and change request processes, and will modernize its accounts payable processing and handling of more than 140,000 invoices per year. Kofax develops document management software which is used to capture and digitize paperwork and handle business processes.

 
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Sonos Expands In Seattle

Thursday, May 21, 2015

Santa Barbara-based Sonos is expanding its footprint, saying that it is opening up a new office in Seattle, Washington. Sonos said the new office will let it tap into both music and technology talent in the Pacific Northwest. The company now has offices in Santa Barbara, Boston, Seattle, The Netherlands, France, Germany, Denmark, The United Kingdom, and China. Sonos develops popular whole-home, audio streaming systems.

 
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Pitching Your Financial Vision to Investors (and More) - May 21st

SAM Preccelerator Program Presents: “Pitching Your Financial Vision to
Investors (and More)” with Eli Eisenberg – May 21, 2015.

OIN STUBBS ALDERTON & MARKILES, LLP
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KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County

Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure
provider offering integrated solutions to enterprises, has announced the
launch of its dedicated fiber ring built in partnership with Wilcon, the
premier West Coast provider of private fiber optic networks. The KeyInfo
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Fetch Recruiting, Inc.

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Technical Recruiting for LA based Startups and High-Growth Companies


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TechCXO - Los Angeles

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For TechCXO Los Angeles, please contact:

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Managing Partner, LA Region
TechCXO
(805)290-3720
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Pitching Your Financial Vision to Investors (and More) - May 21st

SAM Preccelerator Program Presents: “Pitching Your Financial Vision to
Investors (and More)” with Eli Eisenberg – May 21, 2015.

OIN STUBBS ALDERTON & MARKILES, LLP
FOR THIS EXCLUSIVE EVENT!

This course will show you how to put your best foot forward when
presenting your company’s business model to potential investors. Areas
covered will include:
1. What investors are looking for in your pitch
2. How to prepare a credible financial model
3. Pitching techniques that work

Register today!
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Wednesday, May 20, 2015

USC At Center Of Alleged Chinese Espionage Ring

Wednesday, May 20, 2015

In some unwelcome news, the University of Southern California looks to be the center of an alleged Chinese spying ring, formed by three former graduate students from the school's electrical engineering school. According to the U.S. Department of Justice, it has charged six defendants with economic espionage and theft of trade secrets, which benefited the People's Republic of China. The indictment names former USC graduate students and now Tianjin University professors Wei Pang and Hao Zhang, along with Huisui Zhang and three others. Pang and Zhang allegedly transferred stolen technology from Avago Technology and Skyworks Solutions related to the development of thin-film bulk acoustic resonator (FBAR) technology that had originally been developed under a DARPA grant at USC. Pang and Zhang both received their Ph.D.s in 2006; Zhang received his a masters in 2006. The stolen trade secrets alleged in the indictment belong to Avago or Skyworks. The DOJ said those trade secrets were transferred to universities and companies controlled by the PRC government.

 
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SV Angel's David Lee Resigns To Spend More Time In LA

Wednesday, May 20, 2015

Venture capitalist David Lee, who was Managing Partner of seed and angel investing fund SV Angel, one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. According to a memo leaked from the firm, Lee has decided to spend more time with his wife, children, and extended family in Los Angeles. The memo went out to the fund's Limited Partners, founders, and partners on Tuesday. It's unclear if Lee will be joining one of LA's venture capital or private equity investors, but any such move by Lee would bring some serious new investment firepower and connections to the local venture market. SV Angel has been an early investor in such unicorns as Airbnb, Dropbox, Snapchat, and Pinterest.

 
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Kingston Backs Stealthy Data Center Startup Liqid

Wednesday, May 20, 2015

Fountain Valley-based flash memory developer Kingston is the lead investor in Liqid a stealthy developer of data center technology. Liqid said this morning that it raised $5.7M in funding, from Kingston Technology, Phison Electronics Corporation, ABR Capital Management, along with investors aggregated by DH Capital. The company has not announced what it is doing, but the company's CEO, Jay Breakstone, was previously Chairman and CEO of pureSilicon, a developer of solid state storage. Kingston is a major provider of flash memory to the SSD industry. Liqid is based in the Denver, Colorado area.

 
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March Capital Partners Leads $30M Investment In Coho Data

Wednesday, May 20, 2015

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a new, $30M investment in Coho Data, a developer of high performance, flash-based storage. Coho said that March led the Series C funding, a round which also included Hewlett Packard Ventures, Intel Capital, Andreessen Horowitz and Ignition Partners. March's investment in Cohu is led by Sumant Mandal. March has been ramping up its investment activity recently, having invested in E8 Security, Appcito, and Agent Ace all over the last few months. March Capital Partners is managed by Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery. Coho Data is based in Palo Alto.

 
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Kareo Rolls Out Apple Watch App

Wednesday, May 20, 2015

Irvine-based Kareo, the developer of cloud-based, medical office software, has rolled out a new Apple Watch app, which it says can help physicians improve their medical practice efficiency. Kareo said its new app provides appointment reminders, scheduling updates, and secure communications, all through the new Apple Watch. The new app also offers up analytics into medical practice metrics, including how many patients are scheduled for a day, how many patients are waiting to be seen, and who is in an exam room. Kareo is led by Dan Rodrigues.

 
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Auction.com Partners With Chinese Real Estate Site

Wednesday, May 20, 2015

Irvine-based online real estate marketplace Auction.com said this morning that it has partnered with Chinese online real estate site Juwai.com, which will bring Auction.com's U.S. real estate listings to China. Financial details of the deal were not disclosed. The two companies said the deal will advertise real estate listings from Auction.com to 2.6 million monthly Chinese speaking users, in both mainland China as well as the rest of the world.

 
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FastSpring Names New CTO

Wednesday, May 20, 2015

Santa Barbara-based e-commerce software developer FastSpring announced late Tuesday that it has named Michael Smith as the company's new Chief Technology Officer. Smith was most recently CTO of Verisk Analytics, and also had served at Interthinx and Strategic Analytics. FastSpring develops cloud-based e-commerce software used by software, cloud, and other online service companies.

 
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Qualstar Names President

Wednesday, May 20, 2015

Westlake Village-based data storage and power supply manufacturer Qualstar> has promoted Daniel K. Jan, the company's Executive Vice President, to the role of President, the company said late Tuesday. Jan has been EVP of the company since April of last year. Jan takes over the President role from CEO Steven N. Bronson, who remains in the CEO position. Jan previously had served at BDT Products, IBM, and others.

 
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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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Finalists Announced! EY Entrepreneur Of The Year 2015

Buy your tickets now to see who will take home top honors at this year’s
Greater Los Angeles Awards Gala on June 16, 2015 at the Beverly Hilton
Hotel.

Recognized globally in 145 cities and 60 countries, the EY Entrepreneur
Of The Year Awards honors the most outstanding entrepreneurs who inspire
others with their vision, leadership and achievement. These business
leaders were selected by an independent panel of judges.

Collectively, these 24 finalist companies employ close to 17,000 people.
On average, they have increased their workforce by more than 63% and have
grown their revenues by 81% over the last two years.

To see the full list of finalists and purchase tickets for the Awards
Gala, please visit our website: http://bit.ly/EOYFINALISTS. Please join
us in congratulating these inspiring leaders on social media using
#EOYGLA.


Tuesday, May 19, 2015

Tape Takes On Social Videos

Tuesday, May 19, 2015

Los Angeles-based Tape, a new startup focused on social video, launched Tuesday, saying that it has released a new social video app for iOS. The free app let users combine and edit clips which they can share with other users, adding such things as special effects and music. Tape was founded by CEO Garret Alan Jiroux.

 
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ACI Media Group Makes Investment In MyDistrict.net

Tuesday, May 19, 2015

Los Angeles-based print and newspaper distribution provider ACI Media Group said Tuesday afternoon that it has made an investment in software company MyDistrict.net. MyDistrict.net develops software used to manage the distribution of newspapers. Financial terms of the minority stake acquisition were not announced by the companies. MyDistrict.net is based in Dallas, Texas.

 
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AppFolio Files For IPO

Tuesday, May 19, 2015

Goleta-based AppFolio has filed for an IPO, saying in a filing that it is hoping to raise up to $100M on the NASDAQ Global Market as APPF. The IPO is being underwritten by Morgan Stanley, Credit Suisse, Pacific Crest Securities, and William Blair. Appfolio--which is led by Brian Donahoo--is venture backed by Investment Group of Santa Barbara and BV Capital, along with such local angels as Andreas von Blottnitz and Klaus Schauser. AppFolio is at least the second Central Coast company to file for an IPO in the last two weeks; San Luis Obispo-based Mindbody filed for an IPO last week. AppFolio develops cloud-based property management software.

 
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Karma Creates New Trust Score For Peer Marketplaces, Backed By $800K

Tuesday, May 19, 2015

A new, Los Angeles-based startup, Karma, said today that it has launched out of private beta, to help create a global "Karma Score" to rank a user's trust and reliability in peer-to-peer marketplaces. The startup, led by
Zach Schiff-Abram, says it is looking to fill in holes in the area of online interactions, and says it already works with Airbnb, DogVacay, eBay, Etsy, RelayRides and Vayable. The company says it uses social verification through such services as LinkedIn, Twitter, Facebook and Foursquare to measure a user's trustworthiness across multiple, peer-to-peer services. Karma says it is backed by $800,000 in funding from angels and seed investors, including Great Oaks Venture Capital and Wildwood Capital UK. The company says it advisors include Mich Mathews (former CMO of Microsoft), Nick Grouf (founder of SpotRunner), and Eva Ho (General Partner of Susa Ventures).

 
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Schlep & Fetch: Delivering Anything and Everything, On Demand

Tuesday, May 19, 2015

Need something--anything--delivered in Los Angeles? On-demand, delivery startup Schlep and Fetch (www.schlepandfetch.com) wants to be the place you contact first to get practically anything delivered for you, whether that's a food order or something you forgot to pick up from home. We spoke with co-founder Bryson Strauss about the startup. Fetch and Schlep just raised a round of funding from the Pasadena Angels and the Tech Coast Angels.

How does Schlep and Fetch work?

Bryson Strauss: We are an on-demand delivery service. We're super fast--we kind of say same day isn't fast enough. That's what we're here to do. We're here to do everything you ranging from meal delivery for hundreds of restaurants, as a courier service, to pick up that credit card you accidentally left at the bar last night, to pick up extra diapers--you can call us for any of that. If you have a retail store and want to provide delivery of flowers to your customers, Schlep and Fetch is an on-demand, plug and play serviec for that. Our delivery service is really focused on the end user, the mass public.

What is your background, how did you get into this?

Bryson Strauss: I was a fine art curator and museum gallery curator for 25 years. I worked for several museums and nonprofits, and I ran a gallery in Beverly Hills, which I co-owned. I'm also an entertainment and music writer. I got into this, because there is so much demand for this....

 
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Mobcrush Gets $4.9M For Live Mobile Game Streaming

Tuesday, May 19, 2015

Santa Monica-based Mobcrush, a new startup which wants to allow mobile users to broadcast, watch, and chat about video games as they are playing them, has raised $4.9M in a seed funding round. The company said the funding came from Raine Ventures, First Round Capital, Lowercase Capital, CrunchFund, Rincon Venture Partners, Crosscut Ventures, Lionsgate, Advancit Capital, Kevin Chou (Kabam CEO), Chris Carvalho (former Kabam COO), Jari Ovaskainen (Supercell early investor ), Richard Wolpert (Accel, AmplifyLA), Evan Rifkin (Burstly/Testflight), CAA Ventures, BAM Ventures, and MTGx Ventures. Mobcrush is led by Royce Disini. Mobcrush runs on iOS and Android, and lets users livestream mobile games such as Minecraft and Clash of Clans to friends and others.

 
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Clutter Finds $2M For On Demand Storage

Tuesday, May 19, 2015

Los Angeles-based Clutter, which provides on-demand, self storage to users in Los Angeles, has raised $2M in a funding round, the company disclosed Monday. The funding came from Resolute Ventures, AmplifyLA, plus angels such as Matt Coffin, David Sacks, and Joanne Wilson. The startup helps users pack up their stuff, and picks up and stores, and returns those items on demand. The startup is led by Brian Thomas.

 
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Illumina Sues Ariosa Diagnostics, Roche Molecular Systems Over Patent

Tuesday, May 19, 2015

San Diego-based lifesciences equipment maker Illumina said Monday that it has filed a new patent infringement suit, against Ariosa Diagnostics and parent company Roche Molecular Systems. The new lawsuit alleges infringement of U.S. Patent 7,955,794, which Illumina says Ariosa is infringing upon in one of its products. The new lawsuit was filed in the U.S. District Court for the Northern District of California. Illumina said the lawsuits are on top of an existing lawsuit that had been filed by its subsidiary, Verinata Health, against Ariosa. Illumina acquired Verinata in 2013.

 
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UberMedia Ties With Real Estate Data Provider

Tuesday, May 19, 2015

Pasadena-based mobile application and advertising company UberMedia said late Monday that it has tied with Trade Area Systems, a developer of business intelligence systems for the real estate industry. The two said that Trade Area Systems will use UberMedia's mobile data points into one of its products, to help improve decisions by retail and restaurant real estate customers. The two said UberMedia's data will help those users understand where their patrons or their competitor's patrons are likely to live, work, and shop, which is helpful for planning business expansion and new locations. Financial details of the deal were not disclosed.

 
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Amgen Names New General Counsel

Tuesday, May 19, 2015

Thousand Oaks-based Amgen said today that it has named Jonathan P. Graham as the company's new Senior Vice President, General Counsel, and Secretary. Graham replaces David J. Scott, who the company said is retiring in August. Graham was most recently at Danaher Corporation, where he also served as SVP and General Counsel, and also had served at General Electric Company, Williams & Connolly LLP, and was a law clerk to the Honorable Joseph T. Sneed, U.S. Court of Appeals for the Ninth Circuit.

 
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TechCXO - Los Angeles

TechCXO is a professional services firm that provides experienced,
C-Suite professionals to deliver strategic and functional consulting
services for technology companies. We answer your critical issues
around obtaining capital, increasing revenue, entering new markets and
improving margins. TechCXO partners combine practical experience,
comprehensive resources and best practices to deliver objective,
high-value results.

For TechCXO Los Angeles, please contact:

Tim Noonan
Managing Partner, LA Region
TechCXO
(805)290-3720
tim.noonan@techcxo.com


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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

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

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


Advertisement

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
technology, mentorship, and access to early stage investment all under one
roof! Contact us to setup a meet and greet today.

Contact:
Braven Greenelsh
CEO

braven@lavisual.com
info@lavisual.com

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Monday, May 18, 2015

Mucker Capital Starts Fundraising On New Fund, Mucker III

Monday, May 18, 2015

Santa Monica-based Mucker Capital, the seed stage investment fund led by Erik Rannala and William Hsu, has just booted up fundraising efforts for the group's third venture capital fund, Mucker III, L.P. The fundraising effort was first disclosed in a regulatory filing by the firm. Mucker Capital has recently started targeting pre-seed and seed-stage investments in local companies, of between $1M and $3M, as it has more broadly looked to support the growth of the startup industry in Los Angeles. The filing indicates that Mucker Capital is looking to raised $50M in the new fund. Mucker Capital--via its startup incubator, Mucker Lab--has been one of several major sources of new startup companies in the region.

 
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ScoreBig.com Ties Into Southwest Airlines Rapid Rewards

Monday, May 18, 2015

Los Angeles-based live event ticket marketplace ScoreBig.com said Monday that it has linked up with Southwest Airlines. ScoreBig.com said it has partnered with Southwest's Rapid Rewards program to let members of Southwest's frequent flyer program earn points, whenever they purchase tickets through ScoreBig.com. ScoreBig offers up discounts to NBA, NFL,MLB, NHL, NCAA, concerts, family, and theater tickets, helping venues maximize the number of tickets sold to those events.

 
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SpaceX Promotes Travel To Mars With Retro Posters

Monday, May 18, 2015

Hawthorne-based SpaceX, the commercial spaceship and rocket company founded by Elon Musk, is promoting travel to Mars with three, retro-style travel posters. SpaceX--which released the posters on Flickr over the weekend--released the posters under the caption "Adventure awaits! Explore Mars’ ultimate vacation destinations". The posters are reminiscent of the vintage, National Park posters created by the WPA back in the 1930's in response to the Great Depression. Musk has said the ultimate goal for SpaceX is to deliver humans to Mars.

 
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Kurion Gets Win In Oklahoma

Monday, May 18, 2015

Irvine-based nuclear and hazardous waste remediation technology developer Kurion reported a win this morning in Oklahoma, as part of the decommissioning of a nuclear fuel fabrication facility. Financial impact of the win was not announced. Kurion said the win came from he Environmental Properties Management which is the Trustee for the Cimarron Environmental Response Trust, which owns the site, along with the Nuclear Regulatory Commission (NRC) and Oklahoma Department of Environmental Quality (DEQ). Kurion is applying the same technology that it developed for cleaning up Fukushima in the new effort to clean up groundwater at the Oklahoma site.

 
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AssetAvenue Names Chief Investment Officer

Monday, May 18, 2015

Los Angeles-based online, commercial real estate loan marketplace AssetAvenue announced this morning that it has named Varun Pathria as the company's new Chief Investment Officer. Pathria joins the company from Colony Capital, where he was Senior Vice President. Pathria had been at Colony --which specializes in real estate investments--for eleven years. AssetAvenue is led by David Manshoory, and is venture backed by DCM Ventures, NetEase and Matrix Partners.

 
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Infinitely Virtual Takes On Business File Sharing

Monday, May 18, 2015

Los Angeles-based cloud service provider Infinitely Virtual has expanded its set of cloud offerings this morning, saying it has expanded its cloud file sharing service aimed at businesses. The company said it has expanded its InfiniteVault file sharing solution specifically for business users, allowing those users to securely share files on all of their devices and PCs. The companys said the expansion includes guest accounts for customers or vendors; file and folder locking; and other features. The service starts at $8 per-user per-month.

 
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Cinedigm Plans New Board Structure

Monday, May 18, 2015

Los Angeles-based digital content distribution provider Cinedigm says this morning that it is in an effort to expand and reconfigure its board of directors, and is looking to add from two to four new directors and a new Chairman. The company says it has engaged search firm Korn Ferry in the effort. Cinedigm said the company is specifically looking for board members from the areas of television, over-the-top television, social media, marketing, entertainment, capital markets, and related areas. The move comes after a complex $60M borrowing deal and record low stock prices at the publicly traded company.

 
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