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Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
equity/angel investors April 26, 2017 at the Recurring Revenue Conference
(http://www.recurringrevenueconference.com" rel="nofollow">www.recurringrevenueconference.com) presented by Sutton Capital Partners.
Whether you are a SaaS or subscription business, or if customer retention
is critical to your success, this is the venue to attend. Register at:
https://rrc2017.eventbrite.com
and use PROMO CODE: SocalTECH for 20% discount. Questions? contact:
nh@suttoncapitalpartners.com


Wednesday, March 22, 2017

Pocketwatch Picks Up $6M For Kids Media Brand

Wednesday, March 22, 2017

Culver City-based Pocketwatch, a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau (Avatar & Titanic), United Talent Agency (UTA), Robert Downey Jr. (Downey Ventures) and Chris Jacquemin (WME). Pocketwatch says that it creates, acquires, distributes and curates content for kids age 2-11. Chris M. Williams is the CEO and founder of Pocketwatch, who says the company's mission is to "create the ultimate headquarters for kids". The company will use the funding to build out media channels on YouTube and elsewhere, plus develop its own franchises and attract "creator partners".

 
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Cubic Wins $20M Navy Contract

Wednesday, March 22, 2017

San Diego-based Cubic Corporation reported on Wednesday that one of its divisions, Cubic Mission Solutions (CMS), has scored a contract worth more than $20M from the U.S. Navy. Cubic said the award goes towards the delivery of a portable common data link system for the U.S. Navy's Space and Naval Warfare Systems Command (SPAWAR). SPAWAR is based in San Diego. Those data systems are used in the Navy's P-3C, P-8A aircraft and the MQ-4C Triton aircraft.

 
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Lightpost Digital Lands New Funding For Online Marketing Services

Wednesday, March 22, 2017

San Diego-based Lightpost Digital, a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The company is a spinout of Deal Current, and was founded in 2015. The company focuses on website development, SEO, Facebook ads, and review monitoring.

 
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Purple Squirrel Raises $2.7M To Help You Network Your Way Into A Job

Wednesday, March 22, 2017

Venice, California-based Purple Squirrel, a new startup focused on helping people network with employees of existing companies in order to get an inside track on jobs, has raised $2.7M in a seed funding. The funding was led by CrossCut Ventures, and also included Greycroft, Arena Ventures, Luma Launch and 500 Startups. The startup is led by Jon Silber. According to Purple Squirrel, it is looking to match up job seekers with employees at companies, and to prevent job seekers' resumes from going into a black hole. The company's service focuses on matching up job seekers with "advocates" within companies, who are compensated for talking to those job seekers about their employers.

 
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Green Commuter Launches Tesla Model X Vanpool Service

Wednesday, March 22, 2017

Los Angeles-based Green Commuter said on Tuesday that it has begun its vanpool operation in Los Angeles, using Tesla's Model-X 7 passenger SUVs. According to Green Commuter, it has begun leasing its fleet of Tesla Model X electric vehicles to vannpoolers, with a single vanpool between Palmdale and Valencia, and 86-mile round trip daily commute. Green Commuter says it plans to deploy an additional 10 Tesla Model X vehicles in the spring, with plans to have the fleet at 50-80 units by the end of the year.

 
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Edlio Acquires Sangha, Raises $40M

Wednesday, March 22, 2017

Los Angeles-based educational content management software developer Edlio said late Tuesday that it has acquired Sangha, the developer of a personalized, mobile parent interaction app. Financial terms of the acquisition were not announced, however, Edlio said the acquisition and integeration of Sangha was being funded by a $40M investment from private equity investor L Squared. Sangha Co-Founders Pavan Batchu, Srivatsan Srinivasan and Srikanth Thadakamalla have all joined Edlio as paret of the acquisition. Edlio says it powers more than 5,000 school and district websites.

 
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Microsemi Shutters Chinese Factory

Wednesday, March 22, 2017

Aliso Viejo-based semiconductor developer Microsemi said on Tuesday that it has closed its manufacturing facility in China. According to the company, the "lower value" discrete devices which were manufactured at the facility are "not aligned" with its strategic direction. Microsemi did not detail which devices in its lineup were being manufactured at the plant, but said that its customers have been notified and the process of closure is under way. The company said there will be no material impact on its earnings due to the closure.

 
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


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Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
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to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
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To receive a risk free 2 month trial of KeyCloud BRaaS, visit
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Square 1 Bank

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more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


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Stradling

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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

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Tuesday, March 21, 2017

Beautycon Media Gets $9M In Series A

Tuesday, March 21, 2017

Los Angeles-based conference and digital media events operator Beautycon Media, which operates conference and events focused on fashion and beauty, has raised $9M in a Series A funding round. The funding came from A+E Networks, Live Nation, and Main Street Advisors. The company's other investors include BBG Ventures, Hearst Media, Superfly, MACRO, Third Wave Digital, Troy Carter, Heather Parry, Guy Oseary, James Lassiter, Peter Morton, Tyra Banks, Rachel Zoe, Fullscreen Media, QueensBridge Venture Partners, Gleam Futures, Storm Models, Bethany Mota and CAA. Beautycon is led by Moj Mahdara. The company last raised funding in 2014.

 
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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

Tuesday, March 21, 2017

The Snapchat analytics software developed by Los Angeles-based Naritiv, a startup producing online content for brands, has been acquired by social media management firm Hootsuite. The announcement was made on Tuesday. Financial terms of the acquisition were not announced. Hootsuite said that members of the Naritiv product team will join Hootsuite as part of a new Los Angeles office. Hootsuite said the acquisition specifically was geared towards the Snapchat analytics solutions created by Naritiv. Naritiv was venture backed by Luminari Capital, Third Wave Digital, Walt Disney Co., and Allen DeBevoise. (Editor's note: A spokesperson for Nartivi says that Naritiv's co-founders Dan Altmann, Eric Posen and team will not join Hootsuite but will continue to operate the company, saying that the company will "focus on building a media company that develops original content on mobile platforms, along with today's biggest creators and brands.")

 
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Rocket Lab Receives $75M, Joins Unicorn Club

Tuesday, March 21, 2017

Huntington Beach-based RocketLab, which is developing rocket technology specifically aimed at launching satellites into space, has raised $75M in a Series D funding, which it says values the company in excess of $1 billion. The funding was led by Data Collective, and also included Promus Ventures, Bessmer Venture Partners, Khosla Ventures, K1W1, and another un-named investor. The company says it has now raised $148M in total. Rocket Lab is led by Peter Beck, and also has major operations in New Zealand. Matt Ocko of Data Collective joins the company's board alongside the new funding round.

 
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More information » (Subscribers only)

Zadara Storage Expands Support To AWS Beijing

Tuesday, March 21, 2017

Irvine-based enterprise storage services provider Zadara Storage said today that it has expanded its support for Amazon Web Services storage regions, to AWS Beijing. Zadara said the expansion comes in a partnership with Futong, which will make Zadara's VPSA Storage Array at the Sinnet Technology Co., Ltd, data center. Zadara said the region is its sixth AWS region internationally. Zadara's product provides storage area network (SAN), network attached storage (NAS), and object-based storage using cloud storage.

 
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Hyperloop Transportation Technologies Starts Passenger Capsule Development

Tuesday, March 21, 2017

Los Angeles-based Hyperloop Transportation Technologies (HTT), one of three companies working on the Hyperloop concept in Los Angeles, announced this morning that it is beginning development of a full-scale, passenger capsule for its Hyperloop systems. HTT said the capsule is being developed at its R&D center in France. The capsule will be developed in conjunction with technology partner Carbures S.A., which focuses on the aeronautics and aerospace market. HTT said its capsule is expected to carry from 28 to 40 people and will be nearly 100 feet long.

 
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XYPRO Technology Corporation Buys Merlon Software

Tuesday, March 21, 2017

Simi Valley-based XYPRO Technology Corporation, which develops security software for HPE NonStop servers, has acquired Merlon Software Corporation. Financial details of the acquisition were not announced. Merlon Software develops database management software for HPE NonStop servers, and is based in Mississauga, Ontario, Canada.

 
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ServiceTitan Links With SEO Provider

Tuesday, March 21, 2017

Glendale-based ServiceTitan, which is developing software for helping plumbing, HVAC, and other service businesses manage their business, has linked up with search engine optimization (CSEO) provider Plumbing & HVAC SEO. According to ServiceTitan, it will integrate with Plumbing & HVAC SEO, which will help ServiceTitan's customers increase sales and book more customers. ServiceTitan is led by Ara Mahdessian. The company's cloud-based software is aimed at home service companies, managing everything from customer relationship management and dispatch to marketing and reporting.

 
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Teledyne Wins $10M Contract For Sensors For Mission to Jupiter

Tuesday, March 21, 2017

Thousand Oaks-based Teledyne Technologies said late Monday afternoon that Teledyne Scientific & Imaging, one of its subsidiaries, has been awarded $9.98M in a contract from the French Space Agency, the Centre National d'Etudes Spatiales (CNES), to support a mission to Jupiter. According to Teledyne, it will provide infrared detectors and electronics for the European Space Agency (ESA) JUICE mission to Jupiter, which is expected to launch in 2022. Those instruments are aimed at being used to study the composition of Jupiter's atmosphere. the JUICE mission is expected to reach Jupiter in 2030. Teledyne Scientific & Imaging's sensor technology has been used on the Hubble Telescope, The James Webb Space Telescope, and other spacecraft.

 
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Salka To Acquire, Sell Wind Farm in Altamont Pass

Tuesday, March 21, 2017

San Diego-based renewable energy developer Salka said today that it has reached a purchase and sale agreement for a wind farm in the Altamont Pass, just east of San Francisco. According to Salka, it will "re-power" a former Altamont Pass wind farm, by replacing 569 existing wind turbines with 27, modern turbines. Once it has retrofitted that wind farm, Salka said it will sell the project to private equity investor Castlelake, L.P. The Summit Wind Project will provide 55 megawatts of energy to the Bay Area, or approximately enough energy to power 29,000 homes every year. Salka is led by CEO Jiddu Tapia.

 
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


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Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
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Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
equity/angel investors April 26, 2017 at the Recurring Revenue Conference
(http://www.recurringrevenueconference.com" rel="nofollow">www.recurringrevenueconference.com) presented by Sutton Capital Partners.
Whether you are a SaaS or subscription business, or if customer retention
is critical to your success, this is the venue to attend. Register at:
https://rrc2017.eventbrite.com
and use PROMO CODE: SocalTECH for 20% discount. Questions? contact:
nh@suttoncapitalpartners.com


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Safire Partners Executive Search

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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


Monday, March 20, 2017

Report: ShadeCraft Raises $2M For Solar Tracking Sunshade

Monday, March 20, 2017

Pasadena-based ShadeCraft, which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and details of that funding have not been announced. The company is targeting its sunshade/umbrella for use at home, on the beach, and at outdoor activities.

 
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Peregrine Semiconductor Buys Arctic Sand Technologies

Monday, March 20, 2017

San Diego-based Peregrine Semiconductor, which is now owned by Murata, has acquired Arctic Sand Technologies, a developer of low power semiconductors used for DC-DC power conversion. Financial details of the acquisition were not announced. Peregrine and Murata said the acquisition will help Murata in its power electronics efforts. Artic Sand was based in Burlington, Mass.

 
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SpaceX Returns Dragon, And NASA Cargo, To Earth

Monday, March 20, 2017

SpaceX, the Los Angeles-based spacecraft and rocket developer led by Elon Musk, successfully returned a SpaceX Dragon capsule to earth on Sunday, full of 5,400 pounds of cargo from the International Space Station. The SpaceX Dragon departed the ISS at 5:11 a.m. ET on Sunday, March 19th, and splashed down in the Pacific Ocean at 7:52 a.m. PT. SpaceX says it is now transporting the Dragon to NASA. SpaceX typically returns those capsules through Long Beach. The SpaceX Dragon had been at the ISS for a month, after a successful launch in February.

 
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SetPoint Medical Adds New Enterprise Associates As Investor

Monday, March 20, 2017

Valencia-based biomed startup SetPoint Medical announced this morning that it has received a new investment from New Enterprise Associates. Size of the investment, and details of the round, were not announced by the company. SetPoint said that NEA joins Morgenthaler Ventures, Boston Scientific, Topspin Partners, Medtronic, and GlaxoSmithKline's Action Potential Venture Capital Limited as an investor in the company. As part of the investment, Setpoint is adding Josh Makower, General Partners at NEA, to its board. SetPoint is developing treatments for inflammatory, autoimmune diseases.

 
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Machinima Names New GM As Gutstein Leaves

Monday, March 20, 2017

Burbank-based Machinima said last week that it has named Russell Arons, Senior Vice President of Worldwide Marketing of Machinima owner Warner Bros. Interactive Entertainment, as General Manager, to take over from current CEO Chad Gutstein, who the company said is leaving to "pursue entrepreneurial projects." Gutstein has been CEO of Machinima since 2014. According to Machinima, Arons and Gutstein are working on a "multi-week" transition plan. Arons will now lead Machinima's creative, marketing services, data analytics, business development, and operations. She has been at Warner Bros. since 2009, and previously also had served at Electronics Arts, InfoSpace, and Mattel. Warner Bros. acquired Machinima in November of last year.

 
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Yardi Gets Win In Kuwait

Monday, March 20, 2017

Santa Barbara-based real estate management software developer Yardi has scored a win in Kuwait at the Kuwait Financial Centre "Markaz", the company said last week. Yardi said that Markaz will use its Yardi Voyager 7S software for its real estate portfolio management. Financial impact of the deal was not announced. Markaz has more than $3.05 billion (US) in assets under management. Markaz provides asset management and investment banking in the Middle East.

 
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CALIENT Technologies Launches Into New Market

Monday, March 20, 2017

Santa Barbara-based optical switching equipment maker CALIENT Technologies has launched its optical switching product into a new market. CALIENT said its CALIENT S320 Optical Circuit Switch is in customer trials with government and commercial data center operators. The company said the switch is aimed at being used as a low latency optical us for data centers. CALIENT's switches use microelectromechanical (MEMS) chips for their high speed switching. Pricing on the new product was not announced.

 
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Kelley Blue Book Expands Into Portugal

Monday, March 20, 2017

Irvine-based Kelley Blue Book, the online vehicle information and value provider, announced this morning that it is expanding into the country of Portugal. According to KBB, it has launched a new site at KBB.PT, which it says is its first international launch of the service. KBB said the international expansion is the first in a series of international launches planned for the service. The new site was built in partnership with Janela Digital, with pricing data from Portuguese automotive classified listings provider Auto SAPO.

 
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Advertisement

Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
http://www.keyinfo.com/braas-free-trial/


Advertisement

Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
equity/angel investors April 26, 2017 at the Recurring Revenue Conference
(http://www.recurringrevenueconference.com" rel="nofollow">www.recurringrevenueconference.com) presented by Sutton Capital Partners.
Whether you are a SaaS or subscription business, or if customer retention
is critical to your success, this is the venue to attend. Register at:
https://rrc2017.eventbrite.com
and use PROMO CODE: SocalTECH for 20% discount. Questions? contact:
nh@suttoncapitalpartners.com


Advertisement

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,
Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific
Western Bank is a wholly-owned subsidiary of PacWest Bancorp
(NASDAQ:PACW). For more information, visit www.square1bank.com, or send an
email to rchurchill@square1bank.com.


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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).


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Stradling

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responsiveness and relationships commonly associated with smaller firms.


Advertisement

Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
http://www.keyinfo.com/braas-free-trial/


Friday, March 17, 2017

Inseego Delays 10-K Filing

Friday, March 17, 2017

San Diego-based Inseego Corp., which until recently was known as Novatel Wireless, said on Thursday that it has delayed its 10-K filing for its fiscal year ended December 31, 2016. The company says it has filed a form 12b-25 due to the delay, which it says came due to a delay in obtaining and compiling information required to be included in its 10-K. Inseego has been attempting to sell off its MiFi mobile broadband business and refocus on telematics and fleet management; the company rebranded in November after reaching a deal to sell its MiFi business to T.C.L. Industries Holdings (H.K.) Limited. The company has since been mired in reviews by the U.S. Committee on Foreign Investment In The United States (CFIUS).

 
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Kite Pharma Names UCLA Researcher As New Board Member

Friday, March 17, 2017

Santa Monica-based cancer treatment developer Kite Pharma announced on Thursday that it has named Owen N. Witte, M.D., founding director of the Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research at the University of California Los Angeles (UCLA), to its board of directors. Witte is already on the company's Scientific Advisory Board, where he had been chairman for the past eight years. Witte is a member of the National Academy of Sciences, the American Academy of Arts and Sciences, and the National Academy of Medicine.

 
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Wpromote Opens Apps For Student Scholarship

Friday, March 17, 2017

Los Angeles-based digital marketing agency Wpromote has opened up applications for several student scholarships, with the top prize being a MacBook Pro and $500. According to Wpromote, it is accepting applications from U.S. legal residents who are undergraduate or graduate students in who are currently enrolled full-time at an accredited university in the U.S. The deadline for applications is April 28th, 2017. Students are asked to write a 500-word minimum blog post answering the question "If you were going to run a digital marketing campaign for your school, what would it look like?".

 
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Qualstar Continues To Look At Strategic Options

Friday, March 17, 2017

Simi Valley-based Qualstar, the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M for the quarter ended December 31, 2016. The company reported a net loss of $1.2 million for the year, on revenues of $9.4M. The company says it has been seeing competition in the data storage industry which has "create pressure" on maintaining market share, saying that "market headwinds" have been challenging the company. Qualstar had a major layoff in March of 2016, along with other cost cutting moves, which looked to have most stemmed its quarterly losses.

 
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
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guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


Thursday, March 16, 2017

Art Of Manufacturing Podcast Launches Season Two

Thursday, March 16, 2017

The Art of Manufacturing, a podcast hosted by technologist Krisztina Holly has launched its second season, as part of its efforts to help bolster manufacturing ecosystem in Los Angeles. The podcast--part of MAKE IT IN LA, an effort backed by newly re-elected Mayor Garcetti--features a new guest every Thursday, starting with Kellie Johnson, the President of ACE Clearwater Enterprises, a major high tech aerospace manufacturer. MAKE IT IN LA is looking to bridge the gap between local manufacturers and high tech companies.

 
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Embark Ventures Raising $50M Venture Capital Fund

Thursday, March 16, 2017

Los Angeles-based Embark Ventures, a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far raised $45M out of a $50M target in the fund, from six limited partners. Embark's website says it is focused on pre-seed and seed stage investments in Internet and software companies. Lee was previously at investor at Baroda Ventures, and Zhao was at ZMYX Global Investment, a Chinese equity investor. The firm has yet to announce any details of its funding.

 
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SoCal's Big New Crop Of Venture Investors And Funds

Thursday, March 16, 2017

Are you an entrepreneur, looking for capital here in Southern California? It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. Here's a rundown of some of the venture capital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year.

Watertower Ventures

(www.watertowerventures.com)
Fund size: $5M
Managing Director: Derek Norton
Investment interests: Connected consumer, Internet infrastructure, next generation e-commerce, digital media, gaming, augmented reality, artificial intelligence, consumer Internet, and some ad tech.


Fika Ventures

fika.vc
Fund size: $40M
Managing Directors: Tx Zhuo and Eva Ho
Investment interests: Data, artificial intelligence-enabled technologies, and automation being applied to enterprise software, financial services, marketplace, and digital health.


HashTagOne

hashtagone.com
Fund size: $20M
Managing Director: Ryan Blair
Investment interests: Companies which leverage direct-to-consumer model.


Moonshots Capital

moonshotscapital.com
Fund size: Not disclosed, but $7.2M so far in investments....

 
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Interview with Derek Norton, Watertower Ventures

Thursday, March 16, 2017

Earlier this week, Derek Norton, a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). We sat down with Derek to learn more about the new $5M fund and what it's all about.


Tell us about the new fund?

Derek Norton: I just closed on a new fund, worth $5M, which I raised from a group of high net worth, high profile LPs. Those include Clark Landry, Michael Kassan, Kevin Wall, Barry Porter, and Jeremy Milken, among many others. We are going to write checks of between $100,000 and $500,000, and we are going to invest in what we are calling first institutional capital. That's the first time organized, institutional, managed capital is coming into a company, right after friends and family. I hate to put us into the pre-seed and seed area, so I am saying literally, first institutional capital. What I am trying to do, is to build a new type of venture capital firm. The advisory business I have been running for the past 15 years, Watertower Group, will remain intact as a separate entity.

What I am trying to provide to entrepreneurs, and what I am trying to position and market this to for the entire community, and what eventually delivers on what we've done with our advisory business, is to apply all of our corporate relationships, across tech, media, and Internet companies....

 
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OpenX Rolls New Page Analysis Tool

Thursday, March 16, 2017

Online advertising exchange operator and ad technology developer OpenX has rolled out a new, page analysis tool for Google Chrome, called Ad Footprint by OpenX Labs, the company said on Wednesday. The new extension helps online publishers explore the load of advertising tags on their pages, helping them figure out how long it takes pages and advertising to load, and how to optimize user experience and page speed. According to OpenX, a number of its premium publishers, including CafeMedia, Intermarkets, Vice Media and Vox Media, are using the tool. The software is available for free. OpenX is based in Los Angeles.

 
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Family.me Launches Family Tree App

Thursday, March 16, 2017

Pasadena-based Family.me, which is developing a social, family tree application, has launched out of beta, saying that it is aiming to help families document and share their memories. Family.me said it is creating a free, private social network to help families discover, share, and preserve memories. The service lets users collaboratively create a family tree with their family, and attach photos, videos, and other information within that tree. The service also pulls up ancestral records on marriages, death, military service, and more. Family.me is led by CEO and co-founder Harrison Tang; the service is an outgrowth of people search site Spokeo.

 
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Coding Dojo Boots Up Camps In Orange County (Update: Not So Fast)

Thursday, March 16, 2017

Coding bootcamp operator Coding Dojo had said this week that it was starting its first day of classes in Orange County on Monday, the first time the bootcamp operator has run a program in Orange County. However, in an update on Thursday, a spokesperson for the company says it has delayed that opening until a later date, to be announced later. The company--which announced the expansion into Orange County in December--runs a 14-week, on-site program to teach graduates software coding skills. The company also has campuses in Los Angeles, Chicago, Dallas, Seattle, Silicon Valley, and Washington DC.

 
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