Monday, November 28, 2011
PwC's Shaking the MoneyTree - Dec 1 - Santa Monica
Please join LAVA, PwC and a distinguished panel of industry experts and
local VCs for their insights on the results of the Q3 2011 PwC/National
Venture Capital Association MoneyTree Report based on data from Thomson

Thursday December 1, 2011
6:00pm - 8:30pm
Shutters on the Beach, 1 Pico Blvd, Santa Monica

Moderator: Randy Churchill, Director, Emerging Company Services, PwC

Confirmed Panelists

Scott Lenet, Managing Director, DFJ Frontier
Albert Oaten, VP Market Development, AppFolio
Shahin Farshchi, Senior Associate, Lux Capital
John Babcock, Partner, Rustic Canyon Partners

Register at

iFixit's Gift For iPhone Geeks: A Transparent 4S Back Panel
iFixit, the online electronics information, parts, and tools service, has just launched a product for that iPhone loving geek on your shopping list: a transparent back cover for the iPhone 4S. iFixit--which is known for their many detailed "teardowns" of electronics products, said Monday that its new transparent panel will allow people to have the "coolest iPhone on the block"--which might be true if you are an electronics-crazed hacker, engineer or enthusiast. The firm already offers a similar (More info...)

posted on Monday, November 28, 2011(Full story)

PriceGrabber Sees Surge In Video Game, Sporting Goods Shopping
Los Angeles-based PriceGrabber, the online shopping comparisons website, reported Monday that the areas with the biggest increase in traffic Sunday from online shoppers were video games and sporting goods. The firm said it saw a 56 percent increase in traffic for video game products, and a 32 percent in sporting good interest Sunday, with overall traffic increase of 18 percent across all categories. The company said it is expecting an increase in traffic of 15 percent today, Cyber Monday. PriceG (More info...)

posted on Monday, November 28, 2011(Full story)

NewEgg Deal Glitches Google Offers
A promotional deal by City of Industry-based NewEgg briefly crippled Google Offers this morning, after Google offered $40 to spend at NewEgg for only $20. The offer--which rapidly sold out this morning--apparently caused lots of issues for prospective buyers, according to widespread Twitter messages. Southern California-based NewEgg is an over $2 billion in sales retailer of computer products, consumer electronics, and other merchandise. The offer looks to have sold out in less than an hour. Los (More info...)

posted on Monday, November 28, 2011(Full story)

Aurrion Gets $13.9M DARPA Contract
Goleta-based Aurrion, a developer of silicon photonics fabrication technology, reported today that it has been awarded $13.9M in a Defense Advanced Research Projects Agency (DARPA) contract. Aurrion said that the multi-year contrat, which it won as part of a collaboration with the University of California at Santa Barbara, the California Institute of Technology, the University of Virginia, the University of Washington and Rockwell Collins, will go towards developing new technologies and architec (More info...)

posted on Monday, November 28, 2011(Full story)

Mota Motors Names Exec
Venice, California-based Mota Motors, which provides online vehicle certification and selling software platforms, said today that it has named Ken Potter as its Chief Revenue Officer. Potter had previously served at, where he had been VP and GM of Automotive for ten years. Potter also served at General Manager at CarMax. Mota's service is working on a platform to provide used car sellers and dealerships with certification of those vehicles.

posted on Monday, November 28, 2011(Full story)

Interview with Neville Spiteri, TheBlu

Neville Spiteri is co-founder of Venice-based WEMO Media (, a new, digital studio whose flagship product is TheBlu ( an online, interactive experience focused on the world's oceans. WEMO Media is an interesting combination of Hollywood, computer games, and deep technical experience, one of the few companies we have seen which seems to combine both the worlds of high tech and software with content, interactive, and Hollywood. Among those involved in TheBlu are A (More info...)

posted on Monday, November 28, 2011(Full story)

Black Friday Sales Up 26 Percent To $816M, Says Report
Online retailers saw a surge in sales Friday, according to the latest numbers from comScore, seeing $816M in online sales, a 26 percent increase over last year's Black Friday. comScore said it tracked more than 50 million Americans visiting online retail sites on the traditional opener to the holiday spending season. The total for the current holiday season, which kicked off November 1st, is $12.7 billion in online sales. Black Friday ranked as the heaviest online spending day to date in 2011, c (More info...)

posted on Monday, November 28, 2011(Full story)

Fallbrook Technologies Expands Efforts In Asia
San Diego-based Fallbrook Technologies, the developer of continuously variable planetary (CVP) transmissions aimed at the bicycle and electric vehicle market, reported today that it has expanded in Asia. the firms said it has tied with Perfect Sport International Ltd (PSI), to expand its sales efforts in Taiwan and China. PSI will help Fallbrook with sales and business development in the region. Fallbrook said its technology is now being used on more than 40 international bicycle brands in their (More info...)

posted on Monday, November 28, 2011(Full story)

Myricom Aims Product At Trading, Cybersecurity
Arcadia-based Myricom, the provider of high speed clustering and networking adapters, announced this morning that it has shipped a new, 10-Gigabit Ethernet network adapter specifically aimed at the cybersecurity and high frequency trading market. The firm said its new dual port adapter provides accurate timestamping, lossless packet sniffing and injection at line rate, and low latency, which it says are important for applications such as cybersecurity and high frequency trading. Myricom said the (More info...)

posted on Monday, November 28, 2011(Full story) Claims Records Thanksgiving, Black Friday Sales
Aliso Viejo-based, the online retailer now owned by Rakuten, said Friday that it had record sales for both Thanksgiving and Black Friday. said it saw double digit growth in sales for the two days, mostly from its third party marketplace. Actual sales figures and growth was not announced by the firm. is headed by Neel Grover.

posted on Monday, November 28, 2011(Full story)

Outcast Supports Distracted Driving Campaign
Santa Monica-based Outcast Media, the operator of out-of-home advertising and content networks, reported today that it has partnered with the U.S. Department of Transportation, on a distracted driving campaign. Outcast said it will include a PSA for the "One Text or Call Could Wreck It All" campaign on its Pumptop TV network, which broadcasts content and advertising to over 12,000 gas stations nationwide. Outcast runs both the gas station network as well as similar television and content network (More info...)

posted on Monday, November 28, 2011(Full story)

Siemer & Associates Q3 Digital Media and Software M&A Activity Report
Siemer & Associates LLC, the global merchant bank serving the digital
media, software and technology industry, has completed its Q3 2011 Exit
Report focusing on M&A deal trends and public company valuation metrics
in the digital media and software industries.

The report provides an in-depth review of M&A activity and public company
valuation metrics in the digital media and software industries during the
third quarter quarter of 2011.

Click below to read the full report:

TriNet: Principles for Building an Effective Human Capital Plan
Almost every business leader will say that people are their most important
asset, but few do anything about it. If you are going to take this
principle seriously then human capital planning is crucial. The Human
Capital Plan is an important tool that organizations use to drive focused
actions that can ensure goal achievement and business success. It allows
organizations to assess, plan for, and respond proactively to its human
capital challenges and needs. It helps shape the organization by building
a plan to develop the workforce and practices needed to meet an
organizationís vision, mission, and goals. Read on to learn about 10 principles to follow in order to build an effective human capital plan for your organization.

Download the white paper at:

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,

Ventura Ventures Technology Center (V2TC) - Business Incubator
The Ventura Ventures Technology Center (V2TC) is a high-tech business incubator located in downtown Ventura, CA. V2TC offers a creative environment where high-tech start-ups and entrepreneurs can network, brainstorm, and grow their business. Work-spaces are affordable, flexible and scalable in order to allow companies the ability to manage their growth effectively and efficiently.

Learn more at

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