Tuesday, May 3, 2011
Need Office or Tech Space? Think Glendale

The City of Glendale was recently named as a finalist for the “Most
Business Friendly City Award” sponsored by the Los Angeles County
Economic Development Corporation. Learn why Glendale is the perferct
location for your high tech startup, with companies like DreamWorks
and Disney, plus a small but growing contingent of tech firms who have
decided Glendale is the right place to be.

Learn more at http://www.thinkglendale.com

Boingo Wireless Prices IPO, To Trade Wednesday
Los Angeles-based Boingo Wireless, the operator of a international network of Wi-Fi hotspots, has priced its IPO. The firm said it will offer 5,770,000 shares of its common stock at $13.50 per share. The shares will trade under the symbol WIFI starting tomorrow on the NASDAQ Global Market. The shares priced on the higher side of its earlier, $12.00 to $14.00 per share initial pricing estimates. The IPO was underwritten by Credit Suisse, Deutsche Bank Securities, Pacific Crest Securities and Will (More info...)

posted on Tuesday, May 3, 2011(Full story)

FindTheBest Rolling Out Badges
Santa Barbara-based FindTheBest.com, the online search and ranking site headed by former DoubleClick founder Kevin O'Connor, is launching a new "badge" program on the site Wednesday, which it says will help show the best products and services rated by its experts. The site said that it will allow companies to show a badge when they are ranked among the top 10 highest rated products and services on the site. The badges include the best ski resorts, luxury resorts, motorcycles, airports, headphone (More info...)

posted on Tuesday, May 3, 2011(Full story)

DIRECTV, Panasonic Fund 3D Films
El Segundo-based satellite TV operator DIRECTV and consumer electronics firm Panasonic said Tuesday that the two will be funding six 3D films, as part of an effort to train filmmakers on 3D equipment. According to the two, they will fund six filmmakers, plus award several prizes, as part of its 2011 DIRECTV n3D Film Invitational presented by Panasonic. The companies said they will provide filmmakers with Panasonic 3D cameras, 3D monitors, storage, access to DIRECTV's post production facilities, (More info...)

posted on Tuesday, May 3, 2011(Full story)

UberMedia Launches New Channels
Pasadena-based UberMedia, the Twitter client application firm headed by Bill Gross, has launched a "wave" of channels around a number of groups, the firm said today. According to UberMedia, it has created new channels for The Hollywood Reporter, The Case Foundation, Twackle, University of Michigan Athletics and The National Wildlife Federation. The new channels are available from UberSocial and Twidroyd. The different channels allow users of those apps to filter out tweets from those various con (More info...)

posted on Tuesday, May 3, 2011(Full story)

Sony Online Entertainment: 24.6 Million Accounts Stolen
San Diego-based Sony Online Entertainment has tallied the number of accounts which have been compromised by hackers on the firm's online game service, saying that it has found that personal information from approximately 24.6 million SOE accounts may have been stolen. The updated numbers were released by Sony late Monday after a hectic day of updates from the firm, which unexpectedly shut down its web site and game services after discovery of an intrusion. The firm had earlier disclosed the loss (More info...)

posted on Tuesday, May 3, 2011(Full story)

Leads360 Names Hedges CEO
Los Angeles-based Leads360, the developer of sales lead management software, said today that it has named Nick Hedges and President and Chief Executive Officer. Hedges has been at Leads360 since 2008. According to the firm, Hedges replaces Dan Morefield, who has stepped down in order to spend more time supporting a family member's health issues. Morefield will remain an advisor to the firm. Hedges was previously President at Leads360, and previously served as Chief Revenue Officer, Head of Sales (More info...)

posted on Tuesday, May 3, 2011(Full story)

Local Angels Fund Troopswap.com
A set of three, well known Los Angeles investors with military connections are funding a new startup, Troopswap.com, focused on providing daily deals to the military community. According to Troopswap.com, based in Hampton Road, Virginia, it has scored $585,000 in private funding from investors that include Frank Monestere, President/COO of Legalzoom.com, Paige Craig, CEO of BetterWorks.com, and Kelly Perdew, CEO of FastPointGames. All three have a background in the U.S. military. Monestere is a (More info...)

posted on Tuesday, May 3, 2011 (More)(Full story)

ShowUhow Launches On Android
San Diego-based ShowUHow, the startup headed by Kim Folsom developing video-based product guides for e-commerce sites and manufacturers, has rolled out an Android version of its platform. The firm said the Android mo bile application gives users access to its content via the mob ile platform. ShowUhow already provides a iPhone, iPad, and iPod Touch version of the software. The firm said the app allows consumers to scan a QR code or barcode on product packaging at point of sale, to pull up videos (More info...)

posted on Tuesday, May 3, 2011(Full story)

TCA Backs Cancer Testing Firm
The Tech Coast Angels, the largest and most active angel investment group in Southern California, is backing a firm developing testing for cervical cancer. According to fellow investor the Sand Hill Angels, OncoHealth Corporation has raised $1.6M in an oversubscribed, Series A funding round. The round included the Tech Coast Angels, Sand Hill Angels, Band of Angels, Emergent Medical Partners, Halo Fund, The Angels Forum, and Wilmington Investor Network. OncoHealth's technology is focused on prop (More info...)

posted on Tuesday, May 3, 2011 (More)(Full story)

TrueCar Buys Honk.com
Santa Monica-based TrueCar, the automotive pricing site run by Scott Painter, said today that it has acquired Honk.com, an automotive social media website. Financial terms of the buy were not disclosed. According to TrueCar, News Corporation, an early investor in Honk.com, will retain an equity stake in TrueCar as part of the acquisition, and TrueCar will operate and manage the consumer auto-buying content and programs for a number of un-named, news Corporation online properties.

posted on Tuesday, May 3, 2011(Full story)

CraveOnline Launches Comedy Channel
Los Angeles-based CraveOnline, an online site focused on male lifestyles, said today that it has launched a new comedy channel. the site said that the comedy channel will provide funny lists, reviews, and interviews, as well as comedy related podcasts and other content. CraveOnline said it is tapping partners FMyLife, Something Awful, and CrazyThingsParentsTEXT for humorous content on the new channel. Financial details of those deals were not disclosed. CraveOnline is part of AtomicOnline, itsel (More info...)

posted on Tuesday, May 3, 2011(Full story)

Gorilla Nation Targets Kids, Tweens, Teens
Los Angeles-based Gorilla Nation Media, the division of Evolve Media which provides advertising representation services to websites, said this morning that it has launched a new kids, tweens, and teens vertical. The firm said the new "Youthology" vertical will help advertisers specifically engage with tweens. Among the first sites in the vertical is Sherman Oaks-based SodaHead, the discussion and polling site co-founded by former MySpace exec Jason Feffer. Other sites in the new vertical include (More info...)

posted on Tuesday, May 3, 2011(Full story)

OSI Systems Gets $6M Order
Hawthorne-based OSI Systems, a provider of electronics products for the security and healthcare industry, said today that it has received a $6M order for optoelectronic sub-assemblies. The firm said the order came from a renewable energy equipment provider. No other details on the win were announced.

posted on Tuesday, May 3, 2011(Full story)

Entrepreneurs Conference - UCLA - May 13th
Join us at the 26th annual Entrepreneurs Conference at UCLA Anderson on Fri, May 13th. We welcome an audience of more than 400 students and professionals for a full day of networking and learning events including industry panels (Micofinance, New Media, Real Estate, Cleantech, Retail, Restaurants, Education), real world case studies (Local Marketing, Business Development and Fundraising), fast pitch competition, and two Keynote addresses by Paige Craig (angel investor and BetterWorks CEO) and
Will Kassoy (gaming veteran and CEO of mobile entertainment startup Jirbo).

Early bird discounts available till May 6! Save an additional 15% using the code SOCALTECH. Please visit the website for schedule, bios and ticket information: http://entrepreneurassociation.net/eac/2011/

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

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, www.checkalt.com

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 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. We can also always be a
friendly source for investor introductions and general market /
compensation intelligence.

Deloitte Fast 500 Nominations Deadline June 4
Connect. Grow. Inspire.
Deadline to submit: June 4, 2011

Submit your nomination for the Deloitte’s 2011 Technology Fast 500. The Fast 500 is a list of the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in the United States and Canada based on percentage revenue growth from 2006 to 2010.

Your placement on the Technology Fast 500 means increased recognition from business and financial communities, the possibility of positive media coverage and the opportunity to celebrate your company's fast growth. Companies from the Los Angeles area that make the Fast 500 list will be honored at an awards event in the fall.

For more information, visit our Web site or contact lafast500@deloitte.com.

We look forward to your participation!

See: http://bit.ly/heUIxn

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 http://www.ACG101.org

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: http://vatorsplashla.eventbrite.com/

Sponsored By


Recent Interviews

Browse Issues