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Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


Friday, June 23, 2017

CloudBeds Gets $9M For Hospitality Management Software

Friday, June 23, 2017

San Diego-based CloudBeds, a developer of hospitality management software, has raised $9M in a Series B funding, the company disclosed this week. The funding was led by PeakSpan Capital, and also included Nashville Capital, Cultivation Capital, ClearVision Equity and TTCER Partners.

 
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SURE: Bringing The Insurance Industry Into The Digital Age, With Wayne Slavin

Friday, June 23, 2017


The insurance industry today is one of the last industries to fully jump into adopting technology for offering up their products, says Wayne Slavin, CEO and founder of SURE (www.sureapp.com), and just needs some help in getting there. We chatted with Wayne about how SURE--backed by IA Capital, Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant and AmTrust--is applying technology and working with, not against, insurance companies to make buying insurance something you can easily do with your smartphone or tablet.

What is SURE?

Wayne Slavin: At SURE, we are changing the way every single type of insurance is being distributed. We're partnering with the biggest insurance brands, including Nationwide, and many, many others—25 different insurance companies—and taking their insurance policies and selling them in a unified way, making it available to consumers via iOS and Android apps and the web. We're on the journey to let people buy all of their insurance online.

What kind of insurance are you offering now through those apps and the web?

Wayne Slavin: We've been in the market for 18 months. We started in travel insurance, which was our first entry into the market, and have expanded from there. Today, we have six different lines of business in the market, both in the U.S. and internationally. It's currently centered around travel insurance, renters insurance, smartphone insurance, and soon to be a bunch of others....

 
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Steve Poizner Boots Up New Southern California Tech Nonprofit

Friday, June 23, 2017

Steve Poizner, the former California gubernatorial candidate and former founder of SnapTrack (which he sold to San Diego's Qualcomm), says he has created a new group called the Alliance for Southern California Innovation, which will focus on further developing Southern California's entrepreneurial ecosystem. The new group says it will develop initiatives that encourage tech entrepreneurs, venture capitalists and top talent to locate to and stay in Southern California, complementing and extending the success of Silicon Valley and the Bay Area. The new group says it is working with Caltech, the Sanford Consortium for Regenerative Medicine, UC Irvine, UCLA, UC Riverside, UC San Diego, UC Santa Barbara, and the University of Southern California on its efforts, and also has a close relationship with Bill Maris, the founder and former CEO of Google Ventures, who is creating a new venture fund located in Southern California called Section 32.

The Alliance for Southern California Innovation's board includes Qualcomm founder Irwin Jacobs, CAA's Michael Yanover, Sherry Lansing of Paramount Pictures, Thomas Gewecke of Warner Bros., Marc Stern of The TCW Group, and Scott Wolfe of Latham and Watkins in San Diego. However, the new group has no Southern California venture capitalists, and aside from Qualcomm's Jacobs, no representation from Southern California's most prominent technology entrepreneurs....

 
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SPOTLITE Launches Singing Competition App

Friday, June 23, 2017

Los Angeles- and Beijing-based SPOTLITE says it has launched a new, mobile app, which lets music fans sing original music, cover, or karaoke songs to win money. Spotlite said its executives come from such companies as Google Music, Yahoo! Music, Microsoft, Atom Factory, and Warner/Chappell, and that its development and tech teams are in Beijing, with marketing, A&R, and business development based in Los Angeles. The company's offices in Los Angeles are listed in Walnut. The company says it will award a minimum prize of $2000 for its contests, with winners chosen bi-weekly.

 
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Triton Digital Launches New Ad Platform

Friday, June 23, 2017

Los Angeles-based audio advertising technology developer ,a href="http://www.tritondigital.com">Triton Digital said today that it has rolled out a new, "supply side platform" (SSP) aimed at the online audio market. The company said its new platform connects to demand-side platform providers such as The Trade Desk, AppNexus, RTBiQ, AudioTrade and StrikeAd, and others and helps to simplify the management of programmatic audio advertising inventory. Triton said its new tool is already being used by publishers such as CBS RADIO, PRISA Radio and Talpa Radio.

 
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Neohire South

Your source for the most sought-after startup jobs.

At Neohire South, we take our relationships seriously. We apply years of
industry experience to assess and curate our talent pool - connecting only
top-notch tech candidates with the most exciting startups in the industry.
Whether you’re building your team or searching for a job you love, we want
to understand your unique needs and goals to create an incredible fit for
your future.

http://www.neohiresouth.com


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Tech Coast Map & Calendar – Put Your Company On The Map!

Include your company on the Tech Coast Map and be part of the iconic
industry symbol of Technology Innovation in Southern California. The map
is promoted through Print, Digital, and web with an online interactive
version of the map.

Take part in the effective map campaign to support your region, brand and
location(s) while promoting your company as an industry leader. The custom
imprinted Poster/Calendars make the perfect promotional year-end gift for
stakeholders. View the large interactive map at
https://www.siliconmaps.com/tech-coast/

Contact info@siliconmaps.com for more information and mention Socal Tech
for special industry rates.


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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


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Binary Pulse Technology Marketing

We produce and manage content-centric campaigns that enable our clients to
connect with their prospects.

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Binary Pulse Technology Marketing

We produce and manage content-centric campaigns that enable our clients to
connect with their prospects.

For nearly twenty years, California's industry-leading tech firms have
turned to Binary Pulse for their demand-generating strategies and
programs.

Our services include:
-- Demand Generation Planning and Execution
-- Content Strategies & Editorial Calendar Management
-- Marketing Automation Systems and Administration
-- Channel Program Development
-- Web Site Design & Development
-- Corporate and Product Branding
-- Video Production and Marketing
-- Whitepaper Authoring and Syndication
-- Social Media Marketing

Please visit us at http://www.binarypulse.com to learn more or give us a
call at 949-336-7400.


Thursday, June 22, 2017

SpaceX BulgariaSat-1 Mission On Track For Tomorrow

Thursday, June 22, 2017

Hawthorne-based SpaceX is preparing to put another satellite into space, from Kennedy Space Center, on Friday. SpaceX has scheduled a launch of its BulgariaSat-1 mission at 11:10am PT, if the weather holds and no other issues come up. The launch will put the first ever communications satellite into orbit for the country of Bulgaria. SpaceX will re-use a booster that it had originally launched into space in January, and also hopes to land the rocket again on its drone ship in the Atlantic. This weekend looks to be an extremely busy launch week for SpaceX, which is also hoping to launch another payload--a set of 10 satellites for Iridium--from Vandenberg Air Force Base, just north of Santa Barbara. SpaceX had a successful test firing of the SpaceX Falcon that will be carrying those Iridium satellites earlier this week.

 
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GOAT Names Former Twitter COO To Board

Thursday, June 22, 2017

Los Angeles-based GOAT, which operates an online sneaker marketplace, said on Thursday that it has named former Twitter COO Adam Bain to its board of directors. GOAT, led by Eddy Lu and co-founded by Daishin Sugano, is venture backed by Accel Partners, Matrix Partners, and Upfront Ventures, and has raised $37.6M in total. Accel's Ryan Sweeney, Matrix Partners' Josh Hannah, and Upfront's Greg Bettinelli also sit on the company's board of directors. GOAT said Bain first started out as a customer of the marketplace, which lets members sell and buy collectible sneakers.

 
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No, Santa Barbara Did Not Have A Massive 6.8 Earthquake On Wednesday

Thursday, June 22, 2017

In more proof you shouldn't believe everything you read on Twitter, the US Geological Survey accidentally sent out an alert for a 6.8 earthquake, centered off the coast of California on Wednesday. The alert--which was erroneously repeated across multiple publications via automated "bot" postings--apparently came as a result of a software error, which occurred as researchers were looking into historic records of a 6.8 earthquake which occurred in Santa Barbara in 1925. That quake destroyed most of downtown Santa Barbara, and severely damaged the Mission Santa Barbara.








 
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Report: Snapchat Acquires Zenly For $250M To $350M

Thursday, June 22, 2017

Venice, California-based Snap Inc., the parent company of Snapchat, has acquired social app startup Zenly, in a deal reportedly worth $250M to $350M in cash and stock. Zenly is the developer of a social, location sharing app which lets you track where your friends are at any time. Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. Zenly offers up both iOS and Android version of its social location sharing app.

 
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HyperX Signs Endorsement Deal With NBA Draft Prospect

Thursday, June 22, 2017

Fountain Valley-based gaming accessory maker HyperX, which is a division of Kingston Technology, has signed another endorsement deal with a sports figure, a videogaming continues to intersect with professional sports. according to HyperX, it has signed De'Aaron Fox, a former Kentucky Wildcats basketball player and current NBA draft prospect, to be a "brand ambassador" for its HyperX gaming headset. Financial details of the deal were not announced. HyperX said Fox will exclusively use HyperX gaming headsets for his e-sports tournaments, and also for streaming Call of Duty: Black Ops III and Clash Royale on Twitch. HyperX says it now has sponsorship deals with former Los Angeles Laker and Echo Fox eSports team owner Rick Fox, NBA All-Star and avid gamer Gordon Hayward, and Boston Celtic and Detroit Renegades owner Jonas Jerebko.

 
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EDF Renewable Energy Signs 100 Megawatt Wind Deal In Minnesota

Thursday, June 22, 2017

San Diego-based renewable energy developer EDF Renewable Energy says it has signed a 100 megawatt (MW) wind energy project in Minnesota, the company announced on Wednesday. EDF Renewable Energy said it has signed an agreement to supply Southern Minnesota Municipal Power Agency (SMMPA) with wind energy starting in 2020, with construction expected in early 2018 of 50 wind turbine generators in Pipestone and Murray counties in Southwestern Minnesota. Financial details of the deal were not announced.

 
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CurbStand Names New CEO

Thursday, June 22, 2017

Los Angeles-based CurbStand, the startup which was developing a valet parking app, says it has named Arya Alexander as the company's CEO. Alexander has been Interim CEO of the company since March 2016, when he stepped in after the departure of former CEO Serge Gojkovich. CurbStand offers up a valet parking app which let users locate, pay, tip, and request their cars, and--since Alexander took the helm in 2016--now offers up a fully integrated valet parking service, rather than just providing its technology and app to other companies. The company said it now is focused on running its own integrated valet parking service, and in the future "may revisit" licensing its app and technology to other valet parking operators.

 
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Square 1 Bank

Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based
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We often get asked--how do we pay for our news coverage and our publishing
efforts? That's simple -- it's a combination of our sponsors and YOU. How
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Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
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Vice President
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Square 1 Bank

Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based
commercial bank with over $21 billion in assets. A full service financial
services partner to entrepreneurs and their investors, Square 1 provides
clients flexible resources and attentive service to help their companies
grow. Square 1 offers a broad range of venture debt, treasury and cash
management solutions through offices in top innovation centers: Atlanta,
Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles,
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Wednesday, June 21, 2017

Cast & Crew Taps PayPal Exec As Chief Technology Officer

Wednesday, June 21, 2017

Burbank-based Cast & Crew Entertainment Services, which provides technology-enabled payroll and production-management services to the entertainment industry, has snagged a PayPal executive to serve as its new Chief Technology Officer. The company said today that Andrew Patterson, who was previously Senior Director, Transaction Engineering at PayPal Holdings, has joined as Chief Technology Officer. The company said Patterson will oversee its corporate technology and security teams, and also manage its engineering team and direct its digital products efforts. Patterson was also CTO at Mercury Payment Systems, and also served at Moneris Solutions and Paradata Systems. Cast & Crew is backed by private equity investor Silver Lake Partners.

 
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BlockFraud Finds $5M For Anti-Fraud Software

Wednesday, June 21, 2017

Santa Monica-based BlockFraud, a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The company said the funding was led by Palisades Venture Capital (editor's note: apparently, a different investor than Palisades Growth Capital). BlockFraud is led by CEO Massimo Cristini.

 
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Firm Victimized In Netflix Hack Details Breach

Wednesday, June 21, 2017

The Los Angeles area studio, Larsen Studios which is at the center of the unauthorized release of episodes of Orange Is The New Black, has detailed how an old version of Windows as behind a massive breach of its network. In an in depth interview with Variety, the company said that--despite paying a Bitcoin ransom worth $50,000 to those hackers--those hackers released 10 episodes of the Netflix series online. The hackers also apparently got away with other content from Netflix, ABC, CBS and Disney. The story is a cautionary tale for many, "mom and pop" service providers to Hollywood.

 
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FloQast Adds $25M In Series B Funding

Wednesday, June 21, 2017

Los Angeles-based accounting software developer FloQast has raised $25M in a Series B funding round, the company announced today, bringing its total raised to $33M. The new funding was led by Insight Venture Partners, and also included Toba Capital and Polaris Partners. Harley Miller of Insight Venture Partners joins the company's board with the funding. FloQast develops close management software for accountants. The startup, which is led by Michael Whitmire, said it will use the new funding for product innovation, expansion into overseas markets, and scaling of go-to-market.

 
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SerImmune Scores $8M For Antibody Mapping

Wednesday, June 21, 2017

Santa Barbara-based SeriImmune, a developer of immune mapping technology, has raised $8M in a funding round to map out the human immune systems, according to the company. The funding was led by Illumina Ventures, and also included Merck and additional investors. The startup, led by CEO Patrick Daugherty, says it is developing immune mapping technology and a database of human antibodies which will help in identification of therapeutic and vaccine candidates. SerImmune says it maps the distinct antibodies within a repertoire to antigens associated with infections, allergens, microbiome organisms, autoimmune diseases, and cancers.

 
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Amionx Gets Funding From Qualcomm

Wednesday, June 21, 2017

Carlsbad-based Amionx, a developer of technology which is aimed at making lithium-ion batteries safer, has raised a strategic round of funding from San Diego-based Qualcomm, according to the two companies on Tuesday. Size of the investment was not announced. According to the companies, Qualcommm President Derek Aberle joins the board at Amionx. Amionx says it is developing technology which acts like a circuit breaker in lithium-ion batteries, which prevents them from becoming the source of a fire or explosion. The company is a spinout of American Lithium Energy (ALE). Jenna King is the CEO of Amionx.

 
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Oaktree Capital Invests In Shoals Technologies Group

Wednesday, June 21, 2017

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group, a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. Size of the investment was not announced. According to Shoals Technologies Group, the funding came from Oaktree's Power Opportunities group. Shoals was founded in 1996, and is based in Tennessee.

 
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Neohire South

Your source for the most sought-after startup jobs.

At Neohire South, we take our relationships seriously. We apply years of
industry experience to assess and curate our talent pool - connecting only
top-notch tech candidates with the most exciting startups in the industry.
Whether you’re building your team or searching for a job you love, we want
to understand your unique needs and goals to create an incredible fit for
your future.

http://www.neohiresouth.com


Advertisement

Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.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


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Stradling

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Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
Angeles-based​ executive search firm built for SoCal​'s
​emerging companies working on ~100 searches per year. Clients cross
over mobile, adtech, media, gaming, software, ecommerce, services, and
consumer products.​ We always want to meet great companies,
investors and executives, please reach out via
http://www.safirepartners.com.


Tuesday, June 20, 2017

RentSpree Inks Deal With California MLS Group

Tuesday, June 20, 2017

Los Angeles-based RentSpree, a startup which helps renters search for, view, apply, and sign documents for renting an apartment, has inked a partnership with the California Regional Multiple Listing Service (CRMLS), the company told its supporters on Tuesday. Financial details on the partnership were not announced. RentSpree said the deal means its service will be available for use by all of CRMLS's members by the end of this month, and that it will help it grow its user base. RentSpree says the CRMLS is the largest MLS in the nation, with over 80,000 active members.

 
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KEYPR Raises $12.8M For Hospitality Management

Tuesday, June 20, 2017

Los Angeles-based KEYPR announced Tuesday morning that it has raised $12.8M in its Series A1 financing round, which was led by Karlani Capital, and also included Simon Turner (former Starwood Hotels & Resorts President of Global Development) and Richard Haddrill (former CEO of Bally Technologies). The new funding brings its total raised to $19.0M. KEYPR says it is developing a cloud-based platform for managing hotels and luxury residential properties. The company was founded by Nizar Allibhoy, Mark Anderson and Sabir Jaffer.

 
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Immortals Gets Strategic Investment From AEG

Tuesday, June 20, 2017

Los Angeles-based esports team, Immortals has received an investment from AEG, which said that the Immortals will host its home events at L.A. LIVE. The size of the strategic investment was not announced. According to AEG, the investment will help it further expand its footprint in esports. AEG joins an ownership group led by Clinton Foy of Crosscut Ventures, and which also includes Lionsgate, Lionsgate's Peter Levin; Michael Milken; Memphis Grizzlies co-owner Steve Kaplan; Gregory Milken of March Capital Partners; Allen DeBevoise; Brad Jones of Redpoint Ventures; Greg Deutch, formerly of Activision; the band Linkin Park (via Machine Shop, their venture capital arm); Greg Bettenelli of Upfront Ventures, and Brian Lee of Honest Company.

 
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FinalPrice Raises $4M For Membership Driven Travel App

Tuesday, June 20, 2017

Hermosa Beach-based FinalPrice has raised $4M in funding for a new travel startup, which offers up membership-based travel booking for flights, hotels, and car rentals. The funding came from Sistema VC and Almaz Capital. As part of the funding Pavel Bogdanov of Almaz joins the company' s board. FinalPrice was founded by Peter Kutis, who previously founded Russian travel sites Onetwotrip and AnyDayAnyWay. FinalPrice says it automatically reissues trips if prices drop, provides negotiates travel rates which are lower than package prices, and more, all for $99 a year.

 
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Carbon by Design Acquired By HEICO

Tuesday, June 20, 2017

Oceanside-based Carbon by Design, a manufacturer of composite components for UAVs, spacecraft, and rockets, has been acquired by Florida-based HEICO Corporation. Financial details of the acquisition were not disclosed. Carbon by Design was founded by Dominick Consalvi in 2003. According to HEICO, it expects to keep Carbon by Design's 75 team members and entire management team with the acquisition. Carbon by Design engineers and manufactures composites used by commercial launch vehicles and spacecraft, as well as multiple UAV manufacturers, according to HEICO. HEICO said it expects the acquisition to be accretive to its earnings within the first year after the acquisition.

 
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Torrance Memorial Breached In Phishing Incident

Tuesday, June 20, 2017

Torrance Memorial Medical Center said this morning that it has had an email security incident, which has allowed access to two email accounts containing sensitive personal information including names, dates of birth, address information, telephone numbers, medical record numbers, Social Security numbers, health insurance information, and other clinical/diagnostic information for patients. According to Torrance Memorial, the breaches occurred due to a phishing attempt on April 18th and 19th, which it says it detected on April 20th. The hospital said it has reported the incident to the California Department of Public Health, the U.S. Department of Health and Human Services, and the Federal Bureau of Investigation. The hospital did not say how many of its patients were affected in the breach, but that it has offered those individuals access to credit monitoring and identity theft protection services for one year without charge.

 
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Advertisement

Binary Pulse Technology Marketing

We produce and manage content-centric campaigns that enable our clients to
connect with their prospects.

For nearly twenty years, California's industry-leading tech firms have
turned to Binary Pulse for their demand-generating strategies and
programs.

Our services include:
-- Demand Generation Planning and Execution
-- Content Strategies & Editorial Calendar Management
-- Marketing Automation Systems and Administration
-- Channel Program Development
-- Web Site Design & Development
-- Corporate and Product Branding
-- Video Production and Marketing
-- Whitepaper Authoring and Syndication
-- Social Media Marketing

Please visit us at http://www.binarypulse.com to learn more or give us a
call at 949-336-7400.


Advertisement

Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are
well known for their expertise and depth. Stradling's clients include
emerging and high growth public and private companies as well as private
equity funds, venture capital groups and their respective portfolio
companies. Widely recognized for its expertise, responsiveness and
outstanding client service, the Firm's size, structure, and culture allow
it to provide the highest quality representation while maintaining the
responsiveness and relationships commonly associated with smaller firms.


Advertisement

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


Advertisement

Tech Coast Map & Calendar – Put Your Company On The Map!

Include your company on the Tech Coast Map and be part of the iconic
industry symbol of Technology Innovation in Southern California. The map
is promoted through Print, Digital, and web with an online interactive
version of the map.

Take part in the effective map campaign to support your region, brand and
location(s) while promoting your company as an industry leader. The custom
imprinted Poster/Calendars make the perfect promotional year-end gift for
stakeholders. View the large interactive map at
https://www.siliconmaps.com/tech-coast/

Contact info@siliconmaps.com for more information and mention Socal Tech
for special industry rates.


Advertisement

Neohire South

Your source for the most sought-after startup jobs.

At Neohire South, we take our relationships seriously. We apply years of
industry experience to assess and curate our talent pool - connecting only
top-notch tech candidates with the most exciting startups in the industry.
Whether you’re building your team or searching for a job you love, we want
to understand your unique needs and goals to create an incredible fit for
your future.

http://www.neohiresouth.com


Monday, June 19, 2017

MINDBODY Names New President

Monday, June 19, 2017

San Luis Obispo-based cloud platform developer MINDBODY, which develops software used by the wellness services industry to manage appointments, clients, and other aspects of their business, has named Mike Mansbach as President of the company. Mansbach was the President of Blue Jeans Network, was CEO of Punchtab, and also spent more than 10 years at Citrix, working on that firm's GoTo products. MINDBODY said Mansbach will oversee sales, marketing, customer service, business development and corporate development.

 
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Snap, Time Warner Sign $100M Content And Ad Deal

Monday, June 19, 2017

Venice, California-based Snap, the parent company of Snapchat, and Time Warner announced on Monday that the two are in a $100M deal, where the two will collaborate on both content and advertising. According to the companies, Time Warner will develop and produce shows for Snapchat, from its wide range of networks and entertainment companies. The two also said Time Warner will purchase advertising for HBO, Turner, and Warner Bros. on Snapchat over the next two years.

 
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Ring Rolls Out Second Generation Doorbell

Monday, June 19, 2017

Santa Monica-based Ring, the immensely popular developer of the Ring Video Doorbell, has just rolled out its second generation product, the company announced this morning. According to Ring, its new, improved device includes 1080p HD video recording, a removable, rechargeable battery, improved night vision, and interchangable faceplates, in addition to all of its existing features. Ring's doorbells have become very popular with consumers, eager to know what is going on at their front door, and who are hoping to reduce the possibility of crime when they're not home. The new version of the Ring doorbell costs $199. Ring said the device is available today at Best Buy, Home Depot, and other retail locations, plus online. Ring's doorbell connects to a user's smartphone, on iOS or Android, and lets users talk to people on their doorsteep, monitor video, and much more.

 
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SpaceX Delays Today's Launch, But Might Have Two Next Weekend

Monday, June 19, 2017

Hawthorne-based SpaceX, the Los Angeles area spacecraft and rocket developer, has delayed today's launch of BulgariaSat-1 to replace a fairing valve, saying that its next launch opportunities for the spacecraft are 6/23 and 6/24. That's the same weekend as SpaceX is scheduled to launch another payload for Iridium, on 6/25. SpaceX said on Sunday that it "could be a weekend doubleheader" for the company on Twitter. SpaceX has at least another three launches planned for June on top of the Iridium and BulgariaSat-1 launches, from both Kennedy Space Center and Vandenberg. Image: SpaceX test firing from last week, for the BulgariaSat-1 mission.

 
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Smith Micro Names New CFO

Monday, June 19, 2017

Aliso Viejo-based Smith Micro Software announced this morning that it has named Timothy Huffmeyer as its new Chief Financial Officer. Huffmeyer had most recently been CFO of Black Box Network Services, where he had been CFO since 2012. Huffmeyer has been at Black Box since 2003, and previously had also served at Ernst & Young, PrintCafe, Inc., CoManage Corporation and ITPI Staffing. Smith Micro said its current CFO, Steven Yasbek, has resigned to "pursue other interests." Smith Micro is a maker of networking, communications, and other software.

 
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Apple Hires Two Local Sony Execs For Video Efforts

Monday, June 19, 2017

Apple said on Friday that it has hired away two, former Sony Pictures Television executives, to help lead the creation of video programming for the company. Apple said it has hired Jamie Erlicht and Zack Van Amburg, both former Presidents at Sony Pictures Television in Culver City, to help in new positions overseeing video programming for Apple. The two have been responsible for such titles as Breaking Bad, Better Call Saul, The Crown, Rescue Me, and others. Apple did not say if the two will be working out of its headquarters in Cupertino, or here in Los Angeles.

 
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j2 Global Looks To Raise $550M In Unsecured Debt

Monday, June 19, 2017

Los Angeles-based j2 Global is looking to raise $550M in a senior unsecured debt offering, the company said on Friday. j2 Global said the notes would be issued by j2 Cloud and j2 Cloud Co-Obligor, Inc, in order to pay off an existing senior note facility, as well as for general corporate purposes, including acquisitions, and would be a private offering. j2 Global is a ravenous acquirer of cloud-based businesses.

 
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Friday, June 16, 2017

Marlin Equity Acquires Tangoe, Merges It With Asentinel

Friday, June 16, 2017

Los Angeles-based private equity and investment firm Marlin Equity said on Friday that it has completed its take-private acquisition of Tangoe, Inc., and combined it with existing asset Asentinel. Both companies operate as part of the technology lifecycle management (TLM) market. Marlin has appointed Robert Irwin as CEO of the newly combined company. Irwin previously served as CEO of EMS Software, TDCI and Sterling Commerce. Malin Equity had said earlier it would pay $6.50 per share in cash to acquire publicly traded Tangoe. The deal values Tangoe at approximately $259.6M.

 
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Amazon.com's Acquisition Of Whole Foods Poses Challenge For Thrive Market

Friday, June 16, 2017

Los Angeles-based organic, membership-based food service Thrive Market has a big, new competitor in town--Amazon.com--which just announced a gigantic, $13.7 billion acquisition of Whole Foods on Friday. Thrive has been growing rapidly by providing online access to health food and products ala Whole Foods online, like Amazon.com, using a membership model. Thrive Market has been called a "kindler, gentler" Amazon for organic food, and has been called the next Whole Foods, only online.

 
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Amazon.com Now Owns 42 Whole Foods Market Stores In SoCal With $13.7 Billion Buy

Friday, June 16, 2017

Online e-commerce giant Amazon.com now owns roughly 40 grocery stores in Southern California, in what is the company's biggest foray into the grocery store market to date. Amazon and Whole Foods announced Friday that Amazon is acquiring the Whole Foods Market grocery store chain, in a $13.7 billion deal. Amazon.com said it will pay $42.00 per share in cash for Whole Foods Market, and will continue to operate the organic grocery store chain's retail markets. Whole Foods Market will continue to be led by CEO John Mackey. Amazon.com did not say how the acquisition will affect its e-commerce operations, however, Amazon had already been dabbling in the grocery store business with its AmazonFresh delivery service. Photo: Whole Foods' West Los Angeles location.

 
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