Wednesday, May 18, 2011
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GRP Partners Backs Cloud Database Firm
Los Angeles-based venture capital firm GRP Partners has backed a provider of cloud-based databases, MongoLab, in its Series A funding. MongoLab said it has raised $3M in a Series A funding led by The Foundry Group, and including Baseline Ventures, GRP Partners, Freestyle Capital and Bullet Time Ventures. The lead investor on GRP's investment in MongoLab was not disclosed. MongoLab develops a cloud-based version of the MongoDB database software, which runs on Amazon EC2 and Rackspace.

posted on Wednesday, May 18, 2011 (More)(Full story)

Zaarly, Started From LA Startup Weekend, Goes Live
A startup which was spawned out of the LA Startup Weekend in February has gone live, according to the founders of LA Startup Weekend. Zaarly, a startup founded by Bo Fishback and Eric Koester at the event, has opened up its mobile marketplace, which helps connects buyers and sellers using mobile phones. The firm is backed by Ashton Kutcher, Aydin Senkut Ron Conway, Naval Ravikant, the fouders of Groupon, and others. The company had launched a test at SXSW, but this is the first time they are goi (More info...)

posted on Wednesday, May 18, 2011(Full story)

Aptera Considering Production Move Out Of State
Oceanside-based Aptera, the developer of a three-wheeled electric vehicles, told its supporters this morning that it is considering a move of its production operations out of California, in order to gain access to "multi-million-dollar" incentive proposals from other states. The firm--which has been very quiet since failing to gain DOE incentive funding last year--said it has received some "very generous" incentive proposals from other states to move its production facility outside of California (More info...)

posted on Wednesday, May 18, 2011(Full story)

BetterWorks Adds Videos, Micropayments
Santa Monica-based BetterWorks, the startup run by Paige Craig, which is developing a service to help companies manage and offer employee benefits and perks, has upgraded its product features. The firm said this morning that it has added new, how-to videos, ability to offer up spending limits and micropayments, as well as a new voucher feature. The firm said it is now offering how-to video tutorials for its platform, has transitioned from pre-paid to a demand-based micropayment setup, and a new (More info...)

posted on Wednesday, May 18, 2011(Full story)

AeroVironment Wins BMW For EV Charging Stations
Monrovia-based Aerovironment has scored another electric vehicle charging win, saying today that it has been selected by the BMW Group to provide electric vehicle charging equipment and installation for the new BMW ActiveE as a preferred provider. Financial impact of the win was not disclosed. Aerovironment said it will provide home charging stations, installations, and warranty to BMW drivers who purchase BMW's ActiveE electric vehicle. The ActiveE is based on the BMW 1 Series Coupe. Aerovironm (More info...)

posted on Wednesday, May 18, 2011(Full story)

Interview with Artin Nazarian, MySocialNightLife
Earlier this month, Los Angeles-based ( announced a seed funding round, and its technology platform for the nightclub and bar industry. We caught up with Artin Nazarian, the firm's co-founder, and chatted about what the company is hoping to do.

What is MySocialNightLife all about?

Artin Nazarian: The goal of the project, is to make the life of folks in the nightlife industry better, by providing tools to better market to the exact demographic (More info...)

posted on Wednesday, May 18, 2011(Full story)

TuneWiki Launches Android Social Music Player
Santa Monica- and Israel-based TuneWiki said today that it has launched a new, Android based social music player. The music player includes such features as displaying the lyrics of music while playing, music discovery, and social features. TuneWiki operates an online database of music lyrics, which are also includes social features and ways to connect with other music fans. TuneWiki's new Android app also includes a number of features around music discovery, including ability to view and sample (More info...)

posted on Wednesday, May 18, 2011(Full story)

Slacker Launches On-Demand Access, iPad Support
San Diego-based Slacker, the streaming radio and music service, said last night that it has launched a new on-demand access feature, as well as an iPad version of its service. The firm, which allows users to stream personalized Internet radio and music to their PC and portable devices, said that the new on-demand service is called Slacker Premium Radio. The new, subscription service allows users to select individual songs, albums, and playlists for playback on their smartphones and their PCs. Th (More info...)

posted on Wednesday, May 18, 2011(Full story)

Cameron Health Raises $107M
San Clemente-based Cameron Health, which is developing subcutaneous implantable defibrillators, said today that it has raised $107M in an equity financing round. The round was led by Alloy Ventures and Delphi Ventures. the firm said the funding will go towards expanding commercialization of its products. Cameron Health's defibrillator is used to help patients at risk of sudden cardiac arrest (SCA).

posted on Wednesday, May 18, 2011 (More)(Full story)

Demand Media Names Investor Relations Head
Santa Monica-based Demand Media has hired on an investor relations head, the company announced today. Demand Media said it has appointed Julie MacMedan as its Vice President, Investor Relations, reporting to CFO Charles Hilliard. MacMedan joins the firm from THQ. She has also served at PondelWilkinson Inc, and the NASDAQ OMX. The new executive addition comes five months after Demand's IPO debut on the NYSE as DMD.

posted on Wednesday, May 18, 2011(Full story)

Maxwell Technologies Names New Chairman
San Diego-based Maxwell Technologies, the developer of energy storage products, said today that it has named Mark S. Rossi as its Chairman of the board. Rossi is a Senior Managing Director at Cornerstone Equity Investors, a private equity firm. Rossi replaces Robert L. Guyett, who continues to serve on the firm's board of directors. Rossi was previously already a board member at the publicly held company.

posted on Wednesday, May 18, 2011(Full story)

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

We look forward to your participation!


Costello and Sons Technology Insurance Brokers
Insuring Innovation.

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
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-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
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-- Social Media Marketing

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Southern California Game Industry Incentives - May 26th - Glendale
Southern California Game Industry Incentives: A Conversation Between
Business and Government. Local game industry developers regularly
outsource work to other states and countries due to powerful incentive
programs promoting those locations. This raises a basic question. Is there anything we can do about it? Can we incentivize local companies to hire
locally? Can we give out-of-state and foreign companies incentives to
outsource their work here? Can local municipalities craft incentives that
make financial sense to both industry and government? Can we create
a Southern California Game Industry Incentive Program? Let's find
out. Join the discussion on May 26th in Glendale.

Thursday, May 26, 2011
Glendale Adult Recreational Center
201 East Colorado, Glendale, CA 91205
5:30pm - 11pm

Learn more at:

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