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TechCXO Los Angeles - Professional Services for Technology Companies

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:

Paul Meyer, Managing Partner – Finance & Operations
paul.meyer@techcxo.com
(805) 535-5245

Daniel Nannenga, Partner, Finance – Operations and Technology
daniel.nannenga@techcxo.com
(424)903-6030


Thursday, July 24, 2014

Pixels.com Launches New iPad App

Thursday, July 24, 2014

Los Angeles-based Pixels.com, which runs an online art and photography marketplace which delivers framed prints, canvas, greeting cards, and other products to consumers, said this week that it has launched a new iPad App. The company said that the free app lets users browse artwork, and even lets users preview what those images would look like on the walls of their homes. Pixels.com, which is led by Sean Broihier, allows photographers and artists to upload and offer up their artwork to consumers, and says it has around 7.5 million images available for purchase on the site.

 
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Fullscreen In Talks To Sell Itself To Otter Media, Says Report

Thursday, July 24, 2014

Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media, the joint venture between AT&T and The Chernin Group, according to reports. The deal is reportedly worth between $200M and $300M. The Chernin Group is already part owner of Fullscreen, having backed the company in prior venture rounds. Fullscreen is led by George Strompolos. Fullscreen's other backers are Comcast Ventures and WPP.

 
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Pipeliner CRM's Nikolaus Kimla On Moving to LA, Sales Entrepreneurship

Thursday, July 24, 2014


Southern California has a growing number of companies in the customer relationship management area, including a fairly new company in the area, Pipeliner CRM (www.pipelinersales.com). The company--which originally started in Austria--set up shop here two years ago to further expand its footprint in the US, and most recently hired away the entire Los Angeles marketing team of crosstown CRM software developer Nimble. We spoke with Nikolaus Kimla, the CEO of Pipeliner CRM, to learn more about the company, its move here, and its software.


Tell us about Pipeliner CRM?

Nikolaus Kimla: I moved here two years ago, from Austria-Vienna. I'm living now in Los Angeles. We had previously developed software for a hit company in the banking and compliance area, which was bought by Reuters, and is a banking solution used by all banks worldwide. We did that for 15 years, and have a lot of knowledge in this area. The long story is that company was sold to Thomson Reuters for almost $530M. A few years ago, we saw there was a need, and that there was something wrong with CRM software. The people we spoke with told us that CRM sucks, and sales people have to use this software, but don't like to use it. We interviewed over a thousand people around the world, and they all told us they don't like it. The reason why, they told us, is because it was not for us, but was written for management. We saw a tremendous opportunity to go into this realm....

 
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Simulations Plus Acquires Cognigen

Thursday, July 24, 2014

Lancaster-based Simulations Plus, which develops simulation and modeling software for the pharmaceuticals industry, said late Wednesday night that it has acquired Cognigen Corporation, a provider of clinical trial data analysis software. Simulations Plus said it will pay $7M for Cognigen, split between $2.8M in cash and $4.2M in stock.
Cognigen will become a wholly owned subsidiary of Simulations Plus, and continue to operate under its own name. Simulations Plus was advised by Excel Partners in the deal.

 
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Qualcomm Launches $150M Venture Fund In China

Thursday, July 24, 2014

San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm said the new fund--being managed by Qualcomm Ventures, its venture capital arm--will invest in companies in the area of the Internet, e-commerce, semiconductors,and education and health. Qualcomm says it has been investing in China for more than 10 years.

 
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Underground Solutions Raises $45M, Acquires Company

Thursday, July 24, 2014

Poway-based Underground Solutions, Inc. (UGSI), a developer of water and wastewater infrastructure and technology, has raised $45M in a financing round, and acquired another company in the water industry. According to UGSI, it raised $30M in a Series C funding, with an option for an additional $15M in funding from Riverwood Capital. The company said it will use a portion of that funding to acquire water treatment technology developer Process Solutions, Inc., which is based in Campbell, California.

 
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DTS Wins Trio Of Brands For Play-Fi

Thursday, July 24, 2014

Calabasas-based audio enhancement technology developer DTS said this morning that a trio of audio brands--McIntosh, Sonus Faber, and Wadia--have begun to use the company's Play-Fi wireless, whole home audio technology. DTS said the move comes thanks to a deal with audio systems and speaker developer Fine Sounds Group. Financial details of the win were not disclosed. Play-Fi is the whole home, audio technology that DTS is licensing to other companies, offering up multi-zone coordination from devices, mobile apps, ability to connect over standard WiFi and Ethernet, and more. The two said that the three audio brands will roll out products with Play-Fi support later this year.

 
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RealD Names General Counsel

Thursday, July 24, 2014

Los Angeles-based 3D technology developer RealD said Wednesday afternoon that it has named Vivian Yang as Executive Vice President and General Counsel. According to RealD, Yang will head up both the company's Legal and Human Resources departments. Yang was previously SVP and GEneral Counsel for CityGrid Media, and also served at Time Warner, eCompanies Wireless, Sony Pictures, and Latham & Watkins. RealD is a developer of 3D movie projection equipment and technology.

 
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Apply Today For NewCo's Inside-Out Conference

NewCo is the "inside out" conference model where attendees use the working
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NewCo is expanding to Los Angeles soon. If you are a part of a company
that should be one of the Host Companies in 2014, please apply today!

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Fetch Recruiting, Inc.

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


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Binary Pulse Technology Marketing. We Create Demand.

Binary Pulse Technology Marketing
We Create Demand for California's Technology Companies

For more than ten years, dozens of Southern 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
-- Channel Program Development
-- Lead Capture and Management
-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
-- Multimedia Presentations
-- Social Media Marketing

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


Advertisement

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
Embassy in Washington as well as the British Consulates General in
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


Wednesday, July 23, 2014

Invested.in Launches New Site For Alternative Investment

Wednesday, July 23, 2014

Los Angeles-based crowdfunding technology developer Invested.in said Wednesday that it has launched a new site, INVST, a new network for institutional-quality alternative investment funds. Invested.in said that it has partnered with Carillon Capital, LLC--run by former E*TRADE Financial executives--on the site. Carillon Capital is led by Steve Dervenis and Rob Snow. Dervenis was previously CEO of E*TRADE Global Asset Management. Invested.in said that INVST serves accredited investors, third-party marketers and fund managers, and offers up both funds, as well as tools for customer relationship management and more. Invested.in also said it is in a deal with
Bendigo Securities, LLC, a FINRA-regulated broker dealer, to offer certain broker dealer services on INVST.

 
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Qualcomm Backs Korean Delivery Service Naldo

Wednesday, July 23, 2014

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, has invested in a Korean "instant delivery" startup Naldo, in a Series A funding. The funding came from both Qualcomm Ventures and Softbank Ventures Korea. Financial details of the funding were not disclosed. Naldo offers up a service for Korean consumers and businesses, letting them order products and receive them in only a few hours using local couriers.

 
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Edgewave Raises $6M For Cybersecurity Efforts

Wednesday, July 23, 2014

San Diego-based Edgewave, a developer of cloud-based, cybersecurity tools, has raised $6M in a Series A funding, according to the company. The funding came from TVC Capital, the private equity investor which focuses on software and software-enabled service firms. Edgewave is led by Mike Walls, who most recently was in charge of the U.S. Navy's global cybersecurity operations. According to EdgeWave, the funding will go towards supporting Edgewave's military-grade enterprise security capabilities.

 
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More information » (Subscribers only)

Microsemi Buys Mingoa

Wednesday, July 23, 2014

Aliso Viejo-based semiconductor maker Microsemi has acquired Cork, Ireland-based Mingoa, a developer of semiconductor IP focused on accelerated, real-time Ethernet. Financial terms of the buy were not disclosed. According to Microsemi, it will use the buy to enhance its capabilities in the Carrier Ethernet area. Mingoa was founded in 2009, and had been targeting such areas as enterprise carrier Ethernet, mobile/small cell backhaul, and data centers with its technology.

 
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Lionsgate Invests In Finnish Game Developer

Wednesday, July 23, 2014

Santa Monica-based entertainment company Lionsgate has made an investment in a Finnish game developer, Next Games, as part of a strategic partnership, the studio said this morning. According to Lionsgate, the investment comes as part of an extended Series A financing round for Next Games. Size of the investment was not disclosed. Next Games is made up of veterans from Rovio, Supercell, and Disney, and is developing mobile games, including a title around the TV series The Walking Dead.

 
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BlackLine Systems Names New CTO

Wednesday, July 23, 2014

Los Angeles-based financial software developer BlackLine Systems said today that it has hired a new, Chief Technology Officer. According to the enterprise software company, it has named Alain Avakian as its CTO. Avakian joins the company from Rent.com, where he had been for thirteen years; he had been one of the first employees of Rent.com, having been at the company both through its acquisition by eBay and its acquisition by TPG/RentPath. He also has served at such companies at Stamps.com, Citysearch/Ticketmaster, and TCI/AND Interactive and Packard Bell.

 
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Fandango Launches New Amazon Fire Phone App

Wednesday, July 23, 2014

Los Angeles-based movie ticketing site and service Fandango said late Tuesday that it has launched a new app, this time on Amazon's new Fire Phone. The app--like the company's other mobile apps--offers up movie discovery and movie ticketing. Fandango said the app has been customized for Amazon's Fire Phone, taking advantage of a number of custom features that Amazon.com has been pushing with the device. Fandango reports that more than 50 percent of its movie tickets are now being sold on mobile devices, and says that it saw a 31 percent surge in tickets sold via mobile compared with 2013 so far this year.

 
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Levine Leichtman Buys FASTSIGNS

Wednesday, July 23, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners announced Tuesday that it has acquired FASTSIGNS International, a franchisor in the custom sign and graphics industry. Financial terms of the buy were not disclosed. Levine Leichtman said the acquisition came in a partnership with the management of the company, which has nearly 550 franchise locations. FASTSIGNS helps companies create signs, floor and window graphics, vehicle signs, and much more. LLCP said the investment came out of Levine Leichtman Capital Partners V, and is the fourth investment out of that fund.

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CARD.com Names CFO

Wednesday, July 23, 2014

Santa Monica-based CARD.com, the custom-branded, reloadable debit card provider, said today that it has named Josh Flowers as the company's new Chief Financial Officer. Flowers joins the company after 14 years working at investment banking firms Rothschild and Goldman Sachs. According to CARD.com, the company now has over forty employees, up significantly from the two founders less than three years ago. CARD.com is led by Ben Katz. The company offers up a significant number of co-branded debit cards with major brands like Sesame Street, the Walking Dead, Star Trek The Next Generation, James Dean, Garfield, Elvis Presley, and many others.

 
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Teledyne Bolsters Board

Wednesday, July 23, 2014

Thousand Oaks-based Teledyne Technologies, the diversified electronics, software, aerospace, defense, and other products company, said today that it has named Jane C. Sherburne to the company's board of directors. Sherburne is the former Senior Executive Vice President, General Counsel and Corporate Secretary of The Bank of New York Mellon Corporation. Sherburne also has served at Wachovia, Citigroup, law firm Wilmer, Cutler & Pickering, and also served as Special Counsel to the President in the Clinton White House. Teledyne said the appointment brings its board size to eleven board members.

 
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Stubbs Alderton & Markiles, LLP Represents The Bouqs Company

SAM announced that it represented client, The Bouqs Company (TheBouqs.com),
a premier cut-to-order online flower delivery service, in a $6 million
Series A financing. Led by Azure Capital Partners and joined by KEC
Ventures, funding will be used to accelerate growth initiatives including
expanding the team, offering delivery outside the US, and scaling the
company’s technology and infrastructure to keep pace with growing demand.


SAM attorneys Ryan Azlein and Gaurav Krishan served as counsel for The
Bouqs Company for this transaction.

http://www.stubbsalderton.com


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

Local branding agency launches a new design-centric accelerator program. We
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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
Embassy in Washington as well as the British Consulates General in
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


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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
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provide guidance and strategic planning during various phases and also
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Safire Partners Executive Search

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


Tuesday, July 22, 2014

Factual Ties With StrikeAd

Tuesday, July 22, 2014

Los Angeles-based geolocation data provider Factual has tied with programmatic advertising firm StrikeAd, the two recently announced, to use Factual's data on a global basis. StrikeAd--which had already been using Factual's data in the US--said the move will help European and Asian clients use the location-based targeting capabilities Factual provides via its Geopulse Audience and Geopulse Proximity products. Factual has created an immense geolocation database which it says now covers over 65 million local businesses and points of interest across 50 countries. Financial details of the deal were not disclosed.

 
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PK4 Media Buys Prosperio

Tuesday, July 22, 2014

El Segundo-based PK4 Media, which develops adveriting technology, said this morning that it has acquired Santa Monica-based Prosperio, a developer of a programmatic direct platform for the display and video ad market. Financial terms of the merger were not disclosed. PK4 Media said it has acquired Prosperio's programmatic direct platform, and will make that platform available later this year. PK4 Media said that the platform will provide a self-service solution for help marketers plan and run digital advertising campaigns. Prosperio was part of LaunchpadLA.

 
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OneRoof Energy Ties With Cloud, Digital Services Company

Tuesday, July 22, 2014

San Diego-based OneRoof Energy, the solar energy services financing and solar installation company led by David Field, said today that it has tied with "digital services" company Elevate. Accor ding to OneRoof Energy, the move will help extend OneRoof to a "substantial" customer base. Elevate provides home services, ranging from smart home, digital phone, broadband, and in-home technology support services. Financial details of the relationship were not disclosed. OneRoof specifically said the deal makes its SunOpps software available to third party contractors, vendors, and sales organizations to use geography, location, architecture, sun activity, and other factors to help configure its product and estimates savings and pricing.

 
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Newegg Hails Patent Win Over Acacia Research

Tuesday, July 22, 2014

Los Angeles-based online e-commerce retailer Newegg is trumpeting a new patent victory, saying that a "notorious troll" has been ordered to pay the company's cost in a patent ruling. Newegg said that the Federal Circuit Court of Appeals invalidated U.S. Patent No. 6,128,415, a patent which covered the idea of tagging information about an image. NewEgg said that Digitech Image Technologies LLC--a subsidiary of Acacia Research--had sued Xerox, Toshiba, Fujifilm, Ricoh, Overstock.com, and Newegg for patent infringement over the patent, which had previously been owned by Polaroid. Newegg also took issue with Acacia's press releases and patent strategy. Acacia Research is based in Newport Beach, and acquires patents and aggressively licenses them to companies; the company is no stranger to patent infringement lawsuits and countersuits.

 
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Edmunds.com Claims Electric Vehicle Travel Record

Tuesday, July 22, 2014

Santa Monica-based car shopping site Edmunds.com says that it has set a new, electric vehicle travel record using a 2013 Tesla Model S, driven by two of it staffers. According to Edmunds.com, its Director of Vehicle Testing Dan Edmunds and Photo Editor Kurt Niebuhr drove the Tesla from Redondo Beach to New York City, in 67 hours and 21 minutes, which beats the previous record of 76 hours and 5 minutes. The previous record was set by a team of Tesla staffers. Edmunds.com took advantage of Tesla's network of "Supercharger" charging stations, using a total of 23 of those stations to charge up. Edmunds.com said the total fuel cost for the journey was $0, thanks to those free Tesla supercharger stations.

 
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TYLT Rolls Out Travel Charger

Tuesday, July 22, 2014

Los Angeles-based TYLT, the consumer electronics company related to TYLT Labs, announced today that it has started shipping a new, travel charger which combines a USB wall charger with portable battery. The company said its Energi 2K Travel Charger provides a rechargeable 2,200 mAh battery combined with ability to charge any device using USB from the wall. TYLT had initially launched the product on Kickstarter. TYLT said that it received over 1,500 backers of its project and reached over $50,000 in funding on Kickstarter for the product, its third on Kickstarter. Unlike a very large number of Kickstarter projects, TYLT was already in the business of building--and shipping--consumer electronics products. The company has been using Kickstarter to gauge interest in specific products, as opposed to floating pie-in-the-sky ideas to consumers. TYLT is related to venture investment fund TYLT Labs, which is looking to fund local startups and also help them get their products to market.

 
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United Online Names New Board Member

Tuesday, July 22, 2014

Woodland Hills-based United Online said late Monday that it has added a new member to its board of directors. The company said it named Andrew Miller, current Executive Vice President and Chief Financial Officer of molecular diagnostics company Cepheid, to its board. Miller has been at Cepheid since 2008, and also had served at Autodesk, MarketFirst Software, Cadence Design Systems, Adaptive Broadband, and Silicon Graphics. United Online said Miller is the eighth member of its board. United Online runs such brands as Classmates, Stayfriends, MyPoints, NetZero, and Juno.

 
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Iteris Gets Market Warning

Tuesday, July 22, 2014

Santa Ana-based Iteris, a developer of technology for the traffic management and transportation industry, reported late Monday that it has received a notice of noncompliance from the NYSE. According to Iteris, the NYSE indicated that the company is not in compliance with several requirements of the exchange, due to the company's inability to file its annual 10-K report. Iteris said it now must submit a plan by July 31st, to regain compliance with those exchange listing standards. The warning came after the company changed out its CFO and reported financial control issues last week.

 
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Binary Pulse Technology Marketing. We Create Demand.

Binary Pulse Technology Marketing
We Create Demand for California's Technology Companies

For more than ten years, dozens of Southern 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
-- Channel Program Development
-- Lead Capture and Management
-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
-- Multimedia Presentations
-- Social Media Marketing

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


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Fetch Recruiting, Inc.

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


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

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
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TechCXO Los Angeles - Professional Services for Technology Companies

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:

Paul Meyer, Managing Partner – Finance & Operations
paul.meyer@techcxo.com
(805) 535-5245

Daniel Nannenga, Partner, Finance – Operations and Technology
daniel.nannenga@techcxo.com
(424)903-6030


Advertisement

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
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http://www.keyinfo.com


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Safire Partners Executive Search

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


Monday, July 21, 2014

CheckAlt Wins Another Credit Union

Monday, July 21, 2014

Los Angeles-based payment processing technology provider CheckAlt has signed up another customer, Energy Capital Credit Union, according to the company. Financial impact of the win was not announced. CheckAlt--which is led by Shai Stern--develops Check 21 payment processing products, used for capture of paper checks and other payment transactions by financial institutions.

 
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Dealflicks Raises $1.7M

Monday, July 21, 2014

Los Angeles- and San Francisco-based Dealflicks, an online service which offers up discounted movie tickets to help theater chains fill empty seats, has raised $1.7M in a seed funding. The company disclosed Monday that the funding came from 500 Startups, Siemer Ventures, Archer Gray, Rubicon VC, Wefunder, Be Great Partners, Rosepaul Investments, Mogility Capital, Sierra Maya Ventures, and Warner Brothers, along with angels. Dealflicks says it works deals with individual movie theaters to help them fill their empty seats. The company says that approximately 88 percent of movie seats are empty, on average.

 
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More information » (Subscribers only)

Allergan To Cut 1500 Jobs

Monday, July 21, 2014

Allergan said this morning that it is cutting 1,500 jobs, or approximately 13 percent of its headcount, as part of a restructuring effort. The cuts come as part it battles an unsolicited takeover bid by Valeant Pharmaceuticals. Allergan has around 2,300 employees in Irvine, where it is headquartered. According to Allergan, the cuts will save the company approximately $475M in calendar year 2014. The cuts will come across its commercial organization, general and administrative functions, manufacturing and the research and development organizations, the company said today; the company also said it will eliminate hiring in approximately 250 vacant positions. Allergan is the maker of Botox. It's unclear how many of the cuts will be in Allergan's Irvine location.

 
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TrueCar's Scott Painter On Entrepreneurship And IPOs

Monday, July 21, 2014

Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California's big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar, which had its IPO in May. We spoke with Scott Painter, CEO and founder of the company--and already a successful serial entrepreneurs--about the journey from startup to public company, lessons learned, and his advice to CEOS who might be thinking about an IPO for their own company.

Congratulations on the IPO. You've create success companies now quite a few times, how did this time go for you, and what kind of advice might you give entrepreneurs thinking about the public path?

Scott Painter: It's interesting. The process of going public is a unique thing. However, it's probably less relevant to young entrepreneurs, than to entrepreneurs who are questioning how they make the leap from a startup to a growth company, and how to scale their business. There are just a whole bunch of things which are attendant to the process, which I would almost call Level 2 entrepreneurship. It's fundamentally different than the startup world. First of all, the process is unbelievably antiquated, and designed to put all sorts of checks and balances into the system to protect investors. It's a one-size-fits-all-policy. That means you end up doing lots of inefficient and unnecessary things as part of that world....

 
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Ayannah Gets $1M More

Monday, July 21, 2014

Ayannah, the mobile payment and remittance startup which is focused on unbanked consumers in the Phillipines and other emerging markets, has raised $1M more in funding, the company disclosed this morning. The startup--which is backed by Siemer Ventures, and has ties to Southern California--receive funding from IMJ Investment Partners, Beenos, Siemer Ventures, and Golden Gate Ventures. Ayannah has offices in Laguna Hills, but is based in Pasiq City, the Philippines.

 
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More information » (Subscribers only)

Fullscreen Launches Live Festival

Monday, July 21, 2014

Los Angeles-based Fullscreen, the YouTube multi-channel-network (MCN), is going live, saying that it has launched a live, "interactive social festival" which will feature YouTube and Vine stars. Fullscreen says it has tied with festival producer Kevin Lyman and 4Fini, which runs the Warped Tour, to launch INTOUR, a social festival which will feature live performances, music, games, and more from those YouTube stars. The festival will feature such artists as Connor Franta, Ricky Dillon, Jc Caylen, Sam Tsui, JennXPenn, Alx James, Brent Rivera, Crawford Collins, WeeklyChris, Dylan Dauzat, Charity Vance, and FreshBigMouf. According to Fullscreen, the live festival will happen on Spetember 13th in Pasadena; terms of the business deal between 4Fini and Fullscreen were not announced.

 
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Broadcom Gets Win In India

Monday, July 21, 2014

Irvine-based semiconductor maker Broadcom reported a win today for its cable chipsets, saying that its DOCSIS 3.0 chipset is behind a new broadband deployment in India. Broadcom said its chips are being used by Hathway Cable and Telecom, which Broadcom says is India's largest cable broadband service providers. Financial impact of the deal were not disclosed. The high speed, cable technology is being used for broadband and streaming HD content to devices in the home.

 
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Leadbolt Launches Mobile Advertising Exchange

Monday, July 21, 2014

Los Angeles-based Leadbolt, the app discovery and monetization startup led by Dale Carr, said today that it has launched a new mobile ad marketplace. Leadbolt said the new ad exchange is called Leadbolt Connect, and will allow mobile app developers and marketers to to connect on ad campaign offerings. The company said its marketplace will offer more transparency, flexibility and control than traditional blind-networks, with a focus on delivering better quality than RTB platforms.

 
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RFaxis Ramps Chip Production

Monday, July 21, 2014

Irvine-based semiconductor developer RFaxis reports this morning that it has ramped up production of a new chip, focused on the Zigbee and Internet of Things (IoT) market. The company said it is ramping production of its RFX1010 Braodband CMOS RFeIC, which is a CMOS RF Front-end Integrated Circuit (RFeIC) which is used in 802.11ah and ZigBee designs. The company said the chips are aimed at supporting such things as wireless mesh networking products for the Internet-Of-Things and similar designs.

 
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