Wednesday, February 8, 2012
Shaking the MoneyTree 2012
Please join PwC, the Los Angeles Venture Association, and a distinguished panel of venture capitalists and industry experts for their insight into results of the MoneyTree Report.

The MoneyTree Report is a quarterly study of venture capital investment activity in the United States. As a collaboration between PwC and the National Venture Capital Association, based upon data from Thomson Reuters, it is the only industry-endorsed research of its kind. The MoneyTree Report is a staple of the financial community, relied upon by entrepreneurs, government policymakers and the business press worldwide.

Q4 2011 and 2011 Year-End Results:
Thursday, March 1, 2012
6:00pm 8:30pm
Fairmont Miramar Hotel & Bungalows
101 Wilshire Boulevard, Santa Monica, CA 90401

To register for Shaking the MoneyTree, visit

USC Project Uses Tweets To Predict Oscars
Can you use Twitter to predict who is going to win the Academy Awards? That's the idea behind a project being run by the University of Southern California Annenberg Innovation Lab. IBM, and the Los Angeles Times. According to the groups, they are working on an analysis of millions of public tweets to attempt to pick the Best Actor, Best Actress and Best Picture categories of the 84th Academy Awards. The effort is applying language analysis and language software from IBM to try to distinguish pos (More info...)

posted on Wednesday, February 8, 2012(Full story) Sells Moniker, SnapNames
Los Angeles-based, the domain name and Internet marketing firm, has sold off its Moniker and SnapNames units, to KeyDrive S.A.. Financial terms of the sale were not disclosed. Moniker and SnapNames handle live domain auctions. According to Oversee, the sale helps it to focus on its core monetization and vertical markets division. KeyDrive S.A. is a provider of domain registration, monetization, and aftermarket services based in Luxembourg. had acquired Moniker in January (More info...)

posted on Wednesday, February 8, 2012(Full story)

paidContent Sold To GigaOm, the online news site started by Rafat Ali, and later sold to Guardian Media, has been sold to GigaOM, the online news and media site founded by Om Malik. Financial terms of the acquisition were not disclosed. According to paidContent, the combined group will now have more than 20 writers and editors on both the East and West coasts and in Europe. paidContent said that Guardian News & Media will take a minority stake in GigaOm as part of the acquisition; GNM was advised by Coady (More info...)

posted on Wednesday, February 8, 2012(Full story)

Startup Looks To Take On United Online's
A new startup emerged Tuesday with its target on United Online's service, hoping to connect people with their high school classmates. Silicon Valley-based SchoolFeed said it raised $1.75M to create a new service which helps people find their classmates via online "yearbooks", in conjunction with Facebook. The funding came from First Round Capital, Crosslink Capital, InterWest, and SK Telecom. The competition comes even as United Online appears to have been beating a quick retreat (More info...)

posted on Wednesday, February 8, 2012(Full story)

OVGuide Buys Live Matrix
Los Angeles-based OVGuide, the online video guide site backed by Baroda Ventures, said today that it has acquired Live Matrix, a provider of an online guide to live events on the web. Financial terms of the acquisition were not disclosed. As part of the deal, OVGuide said it has appointed Sanjay Reddy, co-founder and CEO of Live Matrix, as its new CEO. Reddy replaces Peter Lee, who was serving as CEO of OVGuide. Lee is a partner at Baroda Ventures, the principal backer of OVGuide, and will remai (More info...)

posted on Wednesday, February 8, 2012(Full story)

SpaceX Sets Satellite Launches
Hawthorne-based Space Exploration Technologies, the commercial rocket firm of Elon Musk, has set the schedule for two upcoming satellite launches, the company announced this morning. SpaceX said that it will launch two satellites for Asia Satellite Telecommunications Company Limited (AsiaSat) in 2014, from Cape Canaveral. The firm said the launch of the two communications satellites (AsiaSat 6 and AsiaSat 8) will be in the first half of 2014. SpaceX reports it now has a manifest of 40 launches o (More info...)

posted on Wednesday, February 8, 2012(Full story)

Ceres Cuts IPO Pricing Range
Thousand Oaks-based Ceres, the developer of seeds for producing renewable bioenergy feedstocks, has cut its estimated IPO pricing range, ahead of its anticipated IPO this week. In an updated S-1, Ceres now estimates that it will price at between $16.00 and $17.00 per share. Ceres had earlier estimated pricing at between $21.00 and $23.00 per share. Ceres uses agricultural biotechnology to develop specific strains of seeds, which are optimized for biofuel and biochemical yields. The company is ve (More info...)

posted on Wednesday, February 8, 2012(Full story)

Soraa Unveils LED Lighting Product
Soraa, the UC Santa Barbara spinout funded by Khosla Ventures, NEA, and NGEN Partners, has unveiled its first product, a new LED lighting lamp. Soraa, which was started in Goleta, said its Soraa LED MR16 lamp is intended as a replacement for traditional, halogen MR16 bulbs. The new lamp uses Gallium Nitride substrate technology to provide halogen-equivalent brightness, without a requirement for fans, and which the firm says will have a payback within months. Pricing on the LED lamps has not been (More info...)

posted on Wednesday, February 8, 2012(Full story)

Cornerstone OnDemand Promotes Three
Santa Monica-based Cornerstone OnDemand, the developer of software-as-a-service for talent management, learning, and human resources management, said today that it has promoted three of its executives. THe firm said it has promoted Vincent Belliveau to Senior Vice President and General Manager EMEA, promoted Kirsten Maas Helvey to Senior Vice President of Consulting Services, and promoted Dave Carter to Senior Vice President of Sales. All three have been at Cornerstone OnDemand through its recen (More info...)

posted on Wednesday, February 8, 2012(Full story)

Illumina Rejects Hostile Bid From Roche
The board of directors of San Diego-based Illumina, the life sciences tools and analysis systems firm, said last night that it has rejected the unsolicited offer from Roche. The company called the offer "grossly inadequate", saying the takeover offer of $44.50 per share in cash "dramatically undervalues" the company and its prospects. Illumina also called the timing of the offer "blatantly opportunistic", saying a drop in its stock price recently was "temporary" due to a softness in research fun (More info...)

posted on Wednesday, February 8, 2012(Full story)

Ambit Biosciences Names Chief Medical Officer
San Diego-based Ambit Biosciences, the developer of biopharmaceuticals for the treatment of cancer, inflammatory disease and other conditions, said this morning that it has named a Chief Medical Officer. The company said it has appointed Athena Countouriotis, M.D., to head up development of its lead compound, quizartinib (AC220), which is targeted at treating acute myeloid leukemia (AML). Countouriotis was previously at Pfizer, and also has served at Bristol-Myers Squibb and Cell Therapeutics.

posted on Wednesday, February 8, 2012(Full story)

TriNet: Top 5 HR Compliance Concerns for Small Business
As the economic horizon continues to shift and belts tighten, small and medium sized companies who typically have between 10 to 500 employees and represent 99.7 percent of all employer firms according to the U.S. Small Business Administration (SBA) may wind up being so focused on core business issues that they overlook one of their most potentially serious and costly issues human resource compliance.

Unlike their large-company counterparts, they lack the time and resources to build infrastructure and processes that are beyond core business objectives. But if entrepreneurs and smaller business owners are focused solely on growth and product, how do they know what issues to look for in order to protect the company? This is a must-read paper that discusses the top 5 HR compliance issues they may face.

Download at:

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (
Technical Recruiting for LA based Startups and High-Growth Companies

Siemer & Associates
Siemer & Associates LLC is the global merchant bank serving the digital
media, software and technology industry.

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

Sponsored By


Recent Interviews

Browse Issues