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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&


Friday, October 24, 2014

Upfront Backs Luxury Valet Parking Service

Friday, October 24, 2014

Los Angeles-based venture capital investor Upfront Ventures is one of the investors in a new, luxury valet service launching in San Francisco, called Luxe. Luxe said Thursday that it has raised $5.5M in a seed funding round, from Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others. The service--currently only available in San Francisco--offers up parking for $15 a day or $5 an hour for any location in San Francisco, which is known for lack of available parking spots in the city and very high parking spot prices. Valet parking seems to be on the minds of investors lately, with at least one Southern California startup--valet parking startup Curbstand--also recently announcing a round of funding.

 
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More information » (Subscribers only)

Rubicon Project Reports Big Growth Numbers

Friday, October 24, 2014

Los Angeles-based online advertising automation software developer Rubicon Project reported record financial results Thursday afternoon, saying that its third quarter sales were up 60 percent year over year to $32.2M. The company said the revenue performance was the best in its history. Rubicon Project, which is led by Frank Addante,said the growth was fueled by its open RTB auction technologies, private exchanges, mobile, and agency marketplaces. The publicly held company is now guiding full year revenues of between $122M and $123M.

 
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Invoca Names CFO

Friday, October 24, 2014

Santa Barbara-based Invoca, which develops software used to track phone calls from affiliate marketing, said Thursday that it has named Cynthia Stephens as its new Chief Financial Officer. Stephens joins the company from Harvest Power, where she was SVP and CFO. Stevens also served as CFO for Infoseek, and has served at OpenView Venture Partners, CodeGear/Borland Software, Pharsight, Calico Commerce, and Fractal Design. Invoca said it is now up to 140 employees at the company, which is venture backed by Salesforce Ventures, Accel Partners, Upfront Ventures and Rincon Venture Partners.

 
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Teledyne Buys Oceanscience

Friday, October 24, 2014

Thousand Oaks-based Teledyne Technologies has acquired Carlsbad-based Oceanscience Group Ltd., a developer of unmanned marine vehicles and sensor platforms. Financial terms of the buy were not disclosed. Teledyne Technologies said the buy will help add unmanned surface vessels to its line of marine products. Oceanscience's products are used for current measurement, seafloor mapping and analysis of physical parameters such as salinity.

 
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Tealium: Sales Grow 120 Percent

Friday, October 24, 2014

San Diego-based Tealium, the developer of enterprise tag management software which is led by Jeff Lunsford, said it saw 120 percent year-over-year sales growth. Actual revenues were not released by the company. The company said it grew its customer base by approximately 80 percent year over year, adding such clients as Air New Zealand, Lamps Plus, thredUp, Automotive Internet Media, and others to its roster of customers. An earlier profile of Tealium in the Inc. 500 reported the company's 2013 revenues were $12.5M. Tealium's software is used by enterprises to manage the many "tags" that are embedded into web pages and online e-commerce catalogs.

 
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Fuisz Media Ties With Intellectual Ventures

Friday, October 24, 2014

Santa Monica-based interactive video technology developer Fuisz Media and IP licensing firm Intellectual Ventures said yesterday that the two are in a intellectual property licensing agreement. The companies said that Fuisz has acquired several strategic patents related to interactive video technology from IV, and has become a customer of IV's patent defense program. Financial details of the patent licensing deal were not announced. Fuisz Media is developing technology to automatically identify objects in videos, so that viewers can get more information about characters or even buy products by clicking in a frame.

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

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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
economy. UKTI offers expertise and contacts through its extensive network
of specialists in the UK, and in British embassies and other diplomatic
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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
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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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ENVISION 2014 - October 22-23 - Pasadena

ENVISION 2014 is the first annual summit hosted by INNOVATE PASADENA for
the purpose of informing, inspiring and connecting the robust technology
and design innovation community in Pasadena and throughout the San Gabriel
Valley. The conference will feature distinguished speakers-all prominent
innovators in their fields-who will envision the future trends that will
shape innovation over the next 20 years.

The summit begins on Wednesday, October 22 in the evening with a keynote
address followed by a Kickoff Mixer. The program continues on Thursday
with six speakers, a Startup Company Fast Pitch Contest, successful
venture capitalists talking about the "The Changing Landscape of Funding
your Start-up" and a closing cocktail reception. Full agenda is at:
http://www.innovatepasadenasummit.org

Register today with promo code envision_socaltech for $50 off General
registration!

http://www.eventbrite.com/e/envision-the-innovate-pasadena-summit-2014-tickets-12981404731


Thursday, October 23, 2014

LegalZoom Ties With Sam's Club

Thursday, October 23, 2014

Glendale-based online legal documents firm LegalZoom announced Thursday that it has linked up with Sam's Club, the membership warehouse club owned by Walmart, to offer up its services to small businesses. Financial details of the deal were not disclosed, however, LegalZoom said that it wil loffer up a suite of estate planning products for $299 as a promotion with Sam's Club, as well as up to 25 percent off all of its other products. The deal was announced as part of an expansion of services at Sam's Club for the small business market.

 
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Tipalti Takes $13M To Automate Mass Payments

Thursday, October 23, 2014

Agoura Hills-based Tipalti, a developer of software to automate mass payments--for example, for affiliate advertising firms and marketplaces--has raised $13M in a funding round, according to the company. The Series B funding came from Wicklow Capital. The startup, which is led by Chen Amit, automates payments in the crowd for companies who have a large number of people they need to pay small amounts on a regular basis. The company says its customers include Chartboost, TouchofModern, PulsePoint, Disqus, Matomy, A4D, MUNDOmedia, Perion Codefuel, ClickDealer, Infolinks, and Tapjoy, and that it now is processing over $1 billion in payments annually.

 
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Draftster.com Signs NFL's Terrell Owens

Thursday, October 23, 2014

Santa Monica-based Draftster.com, which operates an online fantasy sports service, has signed on former NFL player Terrell Owens in an endorsement deal. Financial details of the deal were not announced by Draftster.com, which said that fans on the site will be able to engage and challenge Owens in contests on the site. Drafster is led by David Peterson.

 
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Interlink Electronics Inks R&D Deal In Singapore

Thursday, October 23, 2014

Camarillo-based sensor and electronics developer Interlink Electronics has inked a research and development deal in Singapore, with the Technology Development Centre (TDC) at the Institute of Technical Education (ITE). Financial terms of the deal were not announced. The company said the collaboration covers
sensor topologies, printed electronics manufacturing processes, and embedded system architecture.

 
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OpenX Names Trio Of New Execs

Thursday, October 23, 2014

Los Angeles-based advertising technology developer OpenX said this morning that it has hired a trio of new executives. The company said it has named Scott Braley as Vice President of Demand, Julie Van Ullen as Senior Director of Publisher Business Development, and Deborah Roth as Chief Communications Officer. Braley previously headed up Facebook's U.S. Sales and Global Agency for its Atlas Division, and also served at Microsoft and aQuantive. Van Ullen was most recently at the IAB. Roth was most recently in charge of communications at Fab, and also has served at LendingTree, and has served at IAC/InterActiveCorp and Pandora.

 
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DataPop Launches New Ad Product

Thursday, October 23, 2014

Los Angeles-based DataPop, the product advertising technology developer headed by Jason Lehmbeck, has launched a new product aimed at retailers. According to DataPop, its new OmniAds product uses a retailer's merchandise catalog to drive advertising on such sites as Google, Bing, Pinterest, Polyvore, Ebay, and Amazon. DtaPop said that so far, the product is being used by such customers as Pier 1 Imports. The company also counts such clients as Deckers Outdoor, Sport Chalet, OpenSky, and NewEgg.com as customers.

 
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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&


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

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
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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,
managed services and Internet connectivity offerings.

To learn more about the Key Cloud, visit the Key Info website or
contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura
Court, First Floor, Agoura Hills, CA 91301, USA, email
pelliot@keyinfo.com or call 1.818.737.2804.

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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
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meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at tg@safire.la.


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ENVISION 2014 - October 22-23 - Pasadena

ENVISION 2014 is the first annual summit hosted by INNOVATE PASADENA for
the purpose of informing, inspiring and connecting the robust technology
and design innovation community in Pasadena and throughout the San Gabriel
Valley. The conference will feature distinguished speakers-all prominent
innovators in their fields-who will envision the future trends that will
shape innovation over the next 20 years.

The summit begins on Wednesday, October 22 in the evening with a keynote
address followed by a Kickoff Mixer. The program continues on Thursday
with six speakers, a Startup Company Fast Pitch Contest, successful
venture capitalists talking about the "The Changing Landscape of Funding
your Start-up" and a closing cocktail reception. Full agenda is at:
http://www.innovatepasadenasummit.org

Register today with promo code envision_socaltech for $50 off General
registration!

http://www.eventbrite.com/e/envision-the-innovate-pasadena-summit-2014-tickets-12981404731


Wednesday, October 22, 2014

hovelstay.com Opens Up Doors On Unique Vacation Rentals

Wednesday, October 22, 2014

Glendale-based Hovelstay.com, an online marketplace for vacation rentals which is taking a decidely adventurous angle on lodging, said today that it has opened up its site to all travelers. The startup--which had initially been limiting its service to students only--said that travelers can now book on the company's site. Hovelstay.com offers up a somewhat kwirky -- and usually "adventurous" -- lodgings both here in the U.S. and overseas in Europe ans Asia. The site's listings include everything from rentals of a "smurf house", a hotel made out of concrete tubes, to a "mermaid cottage" made out of old bottles. Hovelstay.com is led by Michael Bolger. The startup says it is targeting travelers "seeking a little adventure within their crash-space".

 
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StackIQ Raises $6M

Wednesday, October 22, 2014

San Diego-based StackIQ, which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. The company said the new funding will go toward scaling sales and marketing. StackIQ develops IT automation software for deploying big data and cloud applications on Hadoop. The company is led by Tim McIntire.

 
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ParkMe To Power Parking Data For Bing

Wednesday, October 22, 2014

Santa Monica-based real time parking information provider ParkMe inked a major deal Tuesday, to provide its parking data to Microsoft, for its search engine, Bing. Financial terms of the partnership deal were not announced. According to ParkMe, its parking data will be integrated into Bing. ParkMe offers information on nearby parking, availability, hours of operation, and also lets users pre-pay for parking space. ParkMe is backed by Fontinalis Partners, IDG Ventures and Angeleno Group.

 
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Lynda.com Expands To IT Training

Wednesday, October 22, 2014

Carpinteria-based  

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OneRoof Energy Boosts Financing

Wednesday, October 22, 2014

San Diego-based OneRoof Energy Group said this morning that it has closed on a series of financing agreements, which will provide approximately $16.7M to the company. The company said the new funding comes from Black Coral Capital and Hanwha Group, who are existing investors in the company. $6.5M of the funding is a working capital line of credit. OneRoof Energy provides lease financing, PPAs, and solar system design, installation, and maintenance. The company had announced the deal for the new funding earlier this month.

 
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aTyr Pharma Names VP

Wednesday, October 22, 2014

San Diego-based aTyr Pharma said today that it has named John C. McKew, Ph.D., as its new Vice President, Research. aTyr said that McKew is a rare disease expert, who has served at the National Institutes of Health, Wyeth Research and Genetics Institute, Inc. (prior to its acquisition by Wyeth). aTyr Pharma is venture backed by Alta Partners, Cardinal Partners, Domain Associates and Polaris Partners.

 
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Apply Today For NewCo's Inside-Out Conference

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that should be one of the Host Companies in 2014, please apply today!

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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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Find Help To Power Your Firm To The Next Level

Need some business help powering your company to the next stage? Can't
figure out who understands startups and high tech in Southern California?
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Fetch Recruiting, Inc.

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Technical Recruiting for LA based Startups and High-Growth Companies


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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ENVISION 2014 - October 22-23 - Pasadena

ENVISION 2014 is the first annual summit hosted by INNOVATE PASADENA for
the purpose of informing, inspiring and connecting the robust technology
and design innovation community in Pasadena and throughout the San Gabriel
Valley. The conference will feature distinguished speakers-all prominent
innovators in their fields-who will envision the future trends that will
shape innovation over the next 20 years.

The summit begins on Wednesday, October 22 in the evening with a keynote
address followed by a Kickoff Mixer. The program continues on Thursday
with six speakers, a Startup Company Fast Pitch Contest, successful
venture capitalists talking about the "The Changing Landscape of Funding
your Start-up" and a closing cocktail reception. Full agenda is at:
http://www.innovatepasadenasummit.org

Register today with promo code envision_socaltech for $50 off General
registration!

http://www.eventbrite.com/e/envision-the-innovate-pasadena-summit-2014-tickets-12981404731


Tuesday, October 21, 2014

Zuma Ventures Takes On Early Stage Startups

Tuesday, October 21, 2014

Two, Los Angeles area startup veterans--David Carter and Allen Hurff--launched a new "venture studEio" Tuesday morning aimed at helping to create and incubate early stage startups. According to the two, they have launched Zuma Ventures, a new effort to help identify early-stage technologies with large market opportunities, and use those technologies to create new, independent companies. Carter was a co-founder/partner at Amplify.LA, and also was founder of Vertical Technologies, Thoughtstar, and S5 Wireless' Hurff was formerly the EVP of Engineering at MySpace, and also was an EIR at Science Inc., the startup studio headed by Mike Jones. In addition to Carter and Hurff, the studio says it has the backing of Richard Wolpert, who is managing director at Amplify.LA, a Venture Partner at Accel Partners, and Executive Advisor at RealNetworks. Zuma said its model offers up better capital efficiency, earlier exit, and lower capital requirements than venture capital.

 
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Sientra Sets Estimated IPO Range

Tuesday, October 21, 2014

Santa Barbara-based Sientra, a developer of aesthetic medicine products, said in an SEC filing last night that it now expects its IPO at between $14.00 and $16.00 per share. Sientra is looking to sell 5 million shares of its stock in an offering on the NASDAQ under the symbol SIEN. Sientra's IPO is being underwritten by Piper Jaffray, Stifel, Leerink Partners, and William Blair. Sientra is backed by Abingworth Bioventures, OrbiMed, Clarus Lifesciences, Private Equity Managers, TIAA, and others. The company makes breast implants, gluteal implants, pectoral implants, and other aesthetic medicine products.

 
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uSamp Names Marketing Chief

Tuesday, October 21, 2014

Los Angeles-based market research technology provider uSamp announced this morning that it has promoted Andy Jolls to the post of Chief Marketing Officer for the company. Jolls has been SVP of Global Marketing Communications for the firm since 2013, and previously served at Cooking.com, FICO, Move.com, Hewlett Packard, and Apple Computer. The company said that Jolls will oversee marketing of its various brands, and also oversee corporate marketing, demand generation and communications.

 
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Enplug: Bringing Social Media To A Display Near You

Tuesday, October 21, 2014


For the most part, the ubiquitous digital displays you now see in restaurants, grocery stores, gas stations, and bars are all still one way, noninteractive devices. How about if you could make those displays interactive and social? Culver City-based Enplug (www.enplug.com) is looking to change those one way digital displays into social, interactive content. We spoke with CEO and co-founder Nanxi Liu about the company's software.

Talk about what your product is all about?

Nanxi Liu: Our goal is to be the software that powers content on any kind of digital display that you see anywhere, whether that's in a restaurant, hotel, or bar. We want our software to get you to be more engaged with the content on those displays. What's unique about it, it is stream live social media, and actually puts that social media content on the display right in front of you. We've been doing this for restaurants, and just did one in Belgium where we have a gigantic, huge display right outside a shopping center which is running our software. It's the easiest and most effective way for a business to turn their TV and displays into an interactive, engaging, and interactive medium.

What's the story behind the company?

Nanxi Liu: We started the company in the summer of 2012, with five totally random people. We were actually all strangers....

 
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Stamps.com Buys ShipWorks

Tuesday, October 21, 2014

El Segundo-based Stamps.com has acquired St. Louis-based ShipWorks, a developer of subscription-based e-commerce shipping software, the company announced Monday. Stamps.com said it paid approximately $22M in cash for ShipWorks. Stamps.com said that ShipWorks will operate as an independent, wholly owned subsidiary of the company. ShipWorks develops shipping software, which is used by online sellers to manage shipping and sales on such marketplaces as eBay, Amazon, Yahoo, and elsewhere.

 
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Amgen To Help In Ebola Drug Production Efforts

Tuesday, October 21, 2014

In a bid to help speed up the availability of treatments for Ebola, Thousand Oaks-based Amgen said over the weekend that it is working with the Bill & Melinda Gates Foundation to help San Diego-based ZMapp figure out a way to produce its experimental drug treatment for treating Ebola. ZMapp ran out of its extremely limited supply of its drug in August. According to Amgen, it has told 12 to 14 staff members to help assist in the effort, using the same techniques that Amgen uses to produce its Enbrel and Epogen products.

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


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Binary Pulse Technology Marketing. We Create Demand.

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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,
managed services and Internet connectivity offerings.

To learn more about the Key Cloud, visit the Key Info website or
contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura
Court, First Floor, Agoura Hills, CA 91301, USA, email
pelliot@keyinfo.com or call 1.818.737.2804.

http://www.keyinfo.com


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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
economy. UKTI offers expertise and contacts through its extensive network
of specialists in the UK, and in British embassies and other diplomatic
offices around the world. We provide companies with the tools they require
to be competitive on the world stage. Our team in the United States works
to promote UK-US trade and investment through our offices at the British
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Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York and San
Francisco.

Learn more at:
https://www.gov.uk/government/world/organisations/uk-trade-investment-in-the-usa


Monday, October 20, 2014

Tinder Looks To Turn On Revenue Spigot

Monday, October 20, 2014

Los Angeles-based swipe-right, swipe-left dating app developer Tinder is looking to start turning on the revenue spigot, with plans to launch a new premium service, the company revealed Monday. According to Tinder CEO Sean Rad, in an interview with Forbes, the company will roll out a premium service in early November to add more match-making to the service. Details on those exact services were not announced. The new features apparently revolve around using Tinder while traveling, and reaching out to people in other cities.

 
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RightSignature Acquired by Citrix

Monday, October 20, 2014

Santa Barbara-based RightSignature, which develops cloud-based, electronic signature software, has been acquired by Citrix, Citrix announced Monday. Financial terms of the buy were not disclosed. Citrix said the buy will help it expand its Citrix ShareFile product. RightSignature's team will join Citrix as part of the buy. RightSignature was founded by Daryl Bernstein.

 
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Virgin Galactic Set To Restart Test Flights

Monday, October 20, 2014

Mojave, California-based space vehicle is set to resume testing its vehicles for space flight, according to a report over the weekend. The company--which has been attempting to start delivering tourists into space since 20009--said that it is setting up a new round of test flights for its SpaceShipTwo vehicle. The company's vehicle is based on the first, commercial vehicle to reach space, the SpaceShipOne, which won the Ansari X Prize and $10M in 2004.

 
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ViaSat Rolls Out High Speed Internet To General Aviation

Monday, October 20, 2014

Carlsbad-based satellite Internet and equipment maker ViaSat said today that it is launching its high speed, Exede satellite internet services to the general aviation market. ViaSat said its new Exede In The Air service is aimed at business executives, fractional owners, charter, and jet card flyers. The new service is based on ViaSat's new Ka-band satellite network, which is already being used for high speed Internet on JetBlue and United Airlines, in addition to terrestrial satellite Internet service. Pricing on the new service was not disclosed.

 
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TrueCar Hits One Millions Downloads On Mobile App

Monday, October 20, 2014

Santa Monica-based TrueCar, which provides a service to let users get upfront pricing on automobiles from dealers, said today that it has just surpassed 1 million downloads of its smartphone app. The company--led by Scott Painter--said that it has been seeing a big uptick in mobile usage, with more than 40 percent of its users using mobile devices to access its service. TrueCar's mobile app includes features as getting pricing and vehicle information at dealerships; ability to get quotes from dealers and configure cars they would like, and more. The company said about 75 percent of its installs are on iOS, with the remainder on Android.

 
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ID Analytics Names COO

Monday, October 20, 2014

San Diego-based ID Analytics, a provider of consumer risk management and analytics software and services, said today that it has named Scott Carter as the company's Chief Operating Officer. Carter was most recently at Mitek, and also served SVP at Experian where he was responsible for analytics and fraud solutions. He has also been at Fair Isaac Corporation, First Union, Associates First Capital Corporation, Advanta and American Express Centurion Bank. ID Analytics is now owned by LifeLock.

 
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Amgen Names New Board Member

Monday, October 20, 2014

Thousand Oaks-based biotech giant Amgen said Friday that it has named R. Sander Williams, M.D., to its board of directors. Williams is president of Gladstone Institutes, a nonprofit biomedical research enterprise, and is also a Professor of Medicine at the University of California, San Francisco. Amgen cited Williams' academic medicine background and experience in the industry as being of value to the company. AMgen has thirteen directors on its board.

 
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AnaptysBio Names New Chief Development Officer

Monday, October 20, 2014

San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it has named Marco Londei as its Chief Development Officer. Dr. Londei was most recently at Bristol-Myers Squibb (BMS) where he was Therapeutic Area Head, Immunosciences. He also has served at Novartis, where he had been Global Head of Autoimmunity Translational Medicine. AnaptysBio is backed by Alloy Ventures, Avalon Ventures, Frazier Healthcare Ventures, Novo A/S, Numenor Ventures, WS Investments, and others.

 
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Friday, October 17, 2014

Early Tesla Owners Protest Lack Of Support For New Features

Friday, October 17, 2014

In an example of how an electric car is not just a disposable, electronic device, a group of early owners and supporters of Telsa Motors electric vehicles are protesting a lack of an upgrade path for their cars. The owners--led by Los Angeles investor Richard Wolpert--are asking the car company to provide a retrofit of the new AutoPilot features into their existing vehicles.

According to the campaign Wolpert started on Change.org, Tesla is offering up the new AutoPilot features--including things like adaptive cruise control and automatic lane changes--to new, Model S owners, but not to owners of older Model S automobiles. The petition so far has the support of around 720 Tesla Owners. The lack of support has particularly irked people who ordered their Model S vehicles earlier this year, before the announcement of the new features, and only received delivery recently. The Model S has an MSRP of between $69,900 and $93,400 depending on options.

Wolpert helps run Los Angeles startup accelerator Amplify LA, and also is a Venture Advisor for Accel Partners, in addition to being a prolific angel investor in startups here. Wolpert explains, "Overall I am a fan of Tesla and want them to be successful I just think
they have taken a bad misstep and need to take care of their loyal customer base....

 
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Upfront Backs Osmo's iPad Connected Toys

Friday, October 17, 2014

Los Angeles-based Upfront Ventures is one of the investors in iPad toy maker Osmo, which said yesterday that it has raised $12M in a Series A funding. Osmo--which is based in Palo Alto--said it raised the funding from Accel Partners, along with Upfront Ventures and K9 Ventures. Osmo develops a hardware device which connects real life toys with apps running on the iPad. The company said its hardware lets any object, including pens and paper, to interact with digital devices like the iPad.

 
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