Tuesday, December 13, 2011
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:

Aerovironment Names VP
Monrovia-based Aerovironment, which develops both unmanned aircraft and electric vehicle charging technology, said Wednesday afternoon that it has named Wahid Nawabi as Senior Vice President and General Manager of its Efficient Energy Systems (EES) business. Nawabi has previously served at American Power Conversion. Aerovironment said that Senior Vice President Mike Bissonnette will transition to Deputy General manaer, focusing on program management, production, engineering and quality assurance (More info...)

posted on Tuesday, December 13, 2011(Full story)

Report: United Online Chops Staff At MemoryLane
Woodland Hills-based United Online, has reportedly cut its staff at unit MemoryLane in Seattle, eleven months after transforming what was an online networking site into one focused on nostalgia. The report said an unspecified number of staff were cut across multiple functions at the company. Memory Lane used to be Classmates.com, but turned its focus to nostalgia products and digitized high school yearbooks in February, as Classmates original business--connecting people with their high school an (More info...)

posted on Tuesday, December 13, 2011(Full story)

Insights and Opinions: Idealab and the Bill Gross Legacy

For today's Insights and Opinions section, we thought we'd share a recent article penned by Clearstone Ventures' William Quigley. In all of the recent rush to create internet accelerators in the region, William talks about, Bill Gross, the person behind the "original" tech incubator, Idealab.

I thought I would take an opportunity on this blog to move away from some of the current investment and startup trends, reflect, and dive into the tech history books (as well as my own personal hi (More info...)

posted on Tuesday, December 13, 2011(Full story)

Broadcom Eyes Acquisition Of Israeli Startup
Irvine-based Broadcom is in the process of buying Israeli network processor firm Broadlight, in a deal worth between $230M and $340M, according to Israel papers. The two apparently have signed a letter of intent for the acquisition. Broadlight develops embedded networking processors, and is based in Herzliya, Israel. No details on the acquisition have been released by Broadcom.

posted on Tuesday, December 13, 2011(Full story)

SoCal's Space Industry Powers New Space Startup: Stratolaunch
Southern California's spaceflight industry has come together to enable a new startup, Stratolaunch, backed by Paul G. Allen, the Microsoft billionaire. According to Stratolaunch today, it is leveraging technology from both Mojave-based Scaled Composites, and Hawthorne-based Space Exploration Technologies to create a new, air-launch system to provide orbital access to space. Stratolaunch said it will create the "largest aircraft ever flown" based on a design developed by Scaled Composites, the fi (More info...)

posted on Tuesday, December 13, 2011(Full story)

Party Earth Finds $4.0M
Los Angeles-based Party Earth, a new startup focused on connecting people to bars, night clubs, lounges, and other night life, announced today that it has raised $4.0M in a funding round. Source of the new funding was not announced. Party Earth is headed by Sam Altman, and said it will provide personalized reviews and listings of the local venues, events, and other "social experiences" around the world. Party Earthy currently covers cities in both the U.S. and Europe, including Los Angeles, Bost (More info...)

posted on Tuesday, December 13, 2011 (More)(Full story)

Legend3D Scores $19M
San Diego-based Legend3d, a developer of 2D to 3D movie conversion technology, has raised $19M in a Series E funding round. The firm said the round was led by Northwater Capital Management, and also included prior investors PAR Investment Partners and Augustus Ventures. The company said the funding will go towards ongoing R&D. Legend3D provides a process and services for converting 2D to 3D films, which has been used for scenes in Hugo, Transformers: Dark of the Moon, Pirates of the Caribbean: O (More info...)

posted on Tuesday, December 13, 2011 (More)(Full story)

Encompass Digital Media Acquired By Private Equity Firm
Los Angeles-based Encompass Digital Media, a provider of digital media services to the broadcast and cable television market, said this morning that it is in a deal with private equity Court Square Capital Partners, where Court Square will acquire a majority interest in the company. Court Square is buying the interest in the company from Wasserstein & Co. L.P. and others. Financial terms of the acquisition were not disclosed. Encompass Digital Media was advised by MacQuarie Capital, as well as M (More info...)

posted on Tuesday, December 13, 2011(Full story)

textPlus Expands To Phone Calls
Los Angeles-based Gogii, the free text messaging app developer behind textPlus which is headed by former JAMDAT Mobile founder Scott Lahman, is moving into the world of free Wi-Fi calling. The firm has just released TextPlus Free Calls, which allows free phone calls from the iPhone and iPod touch, as well as Android devices, to any other TextPlus member. The app will also allow users to make phone calls to non-TextPlus members for a low rate, helping cell phone users to avoid running up against (More info...)

posted on Tuesday, December 13, 2011(Full story)

Hulu Launches Spanish Language Programming
Los Angeles-based Hulu reported this morning that it has launched its Spanish language programming service, "Hulu Latino", offering up Spanish language programs from Univision, Azteca America, Butaca, Caracol Televisión, Comarex, Estrella TV, Imagina US, Laguna Productions, Maya Entertainment, RCTV, Todobebe Inc, and Venevision. Hulu had announced its deal with Univision in October; the remainder of the providers are all new. Hulu said users of both Hulu and Hulu Plus will find "hundreds" of hou (More info...)

posted on Tuesday, December 13, 2011(Full story)

Nexiant Plans Major Upgrade
Lake Forest-based Nexiant, the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release. The firm said it MRO (Maintenance, Repair, and Operations) software will include ability to control material usage at multiple inventory locations, better visibility and analysis across sites, tools to set up business rules, and more. The entire software will deploy on Microsoft's Windows Azure cloud. The company said deployments will b (More info...)

posted on Tuesday, December 13, 2011(Full story)

MINDBODY Takes On Daily Deals
San Luis Obispo-based MINDBODY, the provider of online software for health and wellness companies, reported today that it has launched a new, custom daily deal feature to its software. The firm--whose software is used to manage fitness, yoga, salon, and other businesses--said the new feature integrates social coupon redemption into its users' point-of-sale (POS) systems. MINDBODY said the daily deals feature allows business owners to create their own deals, and distribute them through a network (More info...)

posted on Tuesday, December 13, 2011(Full story)

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 http://www.v2tc.com

5 Ways To Manage The Rising Costs Of Benefits by TriNet
A robust benefits package can be the difference between a talented superstar choosing to work with you versus a larger, more established competitor. But with the cost of benefits rising each year, providing a benefits package that helps you attract, retain and motivate talented people gets harder all the time. With knowledge and planning, you can create a win-win situation for yourself and your employees. You can use benefits to meet the needs of your workforce and successfully compete for top talent. As a business owner, it’s important to be aware of the ways you can manage costs and attract top hires. In this paper read about: 1. Finding a benefits package that’s tailored for your specific industry 2. Encouraging consumerism among your employees to help save money 3. Taking advantage of technology to keep a lid on administrative costs 4. Promoting health and wellness programs to help prevent heavy benefits usage 5. Preparing for the impact and opportunities of health care reform.

Download the white paper here:

Stradling Yocca Carlson & Rauth: Winner of the ACG NY Champions Award
The M&A Advisor and ACG New York has awarded Stradling Yocca Carlson &
Rauth, along with Marlin & Associates, for Strategic Acquisition of
the Year, in the sale of iSuppli Corporation to IHS, Inc.

An independent body of experts, who represent a cross-section of the
middle market industry, judged the finalists' deals, deal makers and

"The ACG New York Champion's Awards winners represent the best of M&A
in the New York area in 2011, and Stradling earned these honors by
distinguishing themselves in a group of very impressive finalists,"
said Roger Aguinaldo, CEO of the M&A Advisor. "Despite the continued
challenging economic conditions, Stradling Yocca Carlson & Rauth has
demonstrated that perseverance and performance lead to success in this

To learn more about SYCR and its award, please go to:

Pixelgate.net - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (http://www.fetchrecruiting.com)
Technical Recruiting for LA based Startups and High-Growth Companies

Sponsored By


Recent Interviews

Browse Issues