Friday, April 22, 2011
iChange Acquired By Herbalife
El Segundo-based iChange, the operator of an online community focused on lifestyle changes, weight loss, and nutrition, has been acquired by Herbalife, according to investor Momentum Venture Management. Financial terms of the deal were not disclosed. iChange, which was headed by Stu MacFarlane, will be used by Herbalife's independent distributors to provide wellness coaching to clients. Momentum Ventures became involved with iChange in 2009 as an advisor, and made an investment at the beginning (More info...)

posted on Friday, April 22, 2011(Full story)

Southern California Internet Sites In Top 50 In March
A number of Southern California ranked in the top 50 most visited Internet sites in March, according to the latest, March 2011 numbers released by comScore today. comScore shows Santa Monica-based Demand Media as the highest rank Southern California firm, with 76.5M unique visitors, ranked at number 12. Fox Interactive Media, which includes MySpace, was ranked at 19 with 55.9 million unique visitors. Other highly ranking Southern California Internet sites were Break Media, at 34 with 31.34M uniq (More info...)

posted on Friday, April 22, 2011(Full story)

Startups Increase New Job Creation Plans, Says Report
A report released today by Silicon Valley Bank said that 83 percent of startups plan to hire this year, up from 73% of startups that had hiring plans in last year's survey. SVB said its Startup Outlook 2011 survey came from the responses of 375 U.S-based private, venture capital backed software, hardware, life science, and cleantech companies. The study was conducted by independent market research firm Koski Research during February 2011. SVB said it found that startups are optimistic about curr (More info...)

posted on Friday, April 22, 2011(Full story)

Emulex Takes Vice Chair At FCIA
Costa Mesa-based Fibre Channel networking equipment maker Emulex said Thursday that it has taken the Vice Chair position at the Fibre Channel Industry Association. Emulex said that Mark Jones, its director of technical marketing at the company, is now Vice Chair of the oganization, an industry group made up of manufacturers, system integrators, and vendors in the Fibre Channel industry.

posted on Friday, April 22, 2011(Full story)

Where High Tech Meets High Surf - May 4th - Ventura Ventures
Where High Tech Meets High Surf: Ventura Ventures Technology Center.

Where are the next generation of high-tech companies getting their start? For many of them, the answer is four blocks from the beach, in the heart of downtown Ventura. The City-sponsored Ventura Ventures Technology Center is an incubator for a wide range of tech startups. You can meet the entrepreneurs behind those companies, and network with the venture investors, university professors, funding sources and business partners who are contributing to their success, on the evening of May 4.

Register at

Safire Partners Executive Search
Safire Partners has completed 150+ retained executive searches since 2006
working with emerging businesses in digital media, Internet, eCommerce,
software and clean technology across Southern California. Please visit
our website to see an updated list of our clients and searches completed
at We are always interested in
meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at We can also always be a
friendly source for investor introductions and general market /
compensation intelligence.

CheckAlt Payment Solutions
CheckAlt Payment Solutions is a payment processing company providing Check21 services allowing businesses nationwide to utilize its eCheck and patented Remote Desktop Capture (RDC) systems to improve their top and bottom lines. The CheckAlt eCheck is the "email a check" solution that allows businesses from merchants and property managers to universities and non-profits to maximize cash flow and accounting accuracy.

Learn more about CheckAlt at their website,

Vator Splash LA - May 26 - Los Angeles
On the evening of May 26, Vator will be holding its inaugural Vator Splash LA event at The Highlands Hollywood. This upcoming Splash will showcase 10 up-and-coming startups, prominent VCs and founders of the leading LA-based companies - Demand Media and ReachLocal. Hear Shawn Colo, co-founder and EVP of M&A at Demand Media, share his lessons and advice on building Demand from scratch in 2006 to one of this year's hottest IPOs. Shawn will also talk about the future of Demand. Hear Zorik Gordon, co-founder and CEO of ReachLocal, share his lessons and advice on building his startup since 2004 to become one of the hottest tech IPOs last year. With ReachLocal's recent acquisition to get into the daily deals business, Zorik will also address his view on the future of daily deals.

SocalTech has secured a great discount for our members. Use "SocalTech30" for a 30% discount on tickets:

PwC Emerging Company Zone
Visit the Emerging Company Zone, sponsored by PricewaterhouseCoopers, for access to the latest MoneyTree venture capital report; thought leadership articles, information on IPOs and more.

Need Office or Tech Space? Think Glendale

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