Friday, May 4, 2012
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PwC Shaking the MoneyTree - May 24th
LAVA hosts PwC's Shaking the MoneyTree

Thursday May 24, 2011
6:00pm - 9:00pm

Please join LAVA, PwC and a distinguished panel of industry experts and local VCs for their insights on the results of the Q1 2012 PwC/National Venture Capital Association MoneyTree Report based on data from Thomson Reuters.

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 study is a staple of the financial community, entrepreneurs, government policymakers and the business press worldwide.

Register today!
http://www.lava.org

Recmnd.Me Takes On Hiring Referrals
Hoping to make it easier for human resources departments to mangae employee recommendations and referrals, a Newport Beach startup, Recmnd.Me, said this week that it has launched a new online social recruiting service. The startup said that its site provides a social recommendation service that allows co-workers to recommend and rate each other, helping HR departments to better locate the "A" players. The startup is headed by Jesse Gant, who the company says has previously served at such firms a (More info...)

posted on Friday, May 4, 2012(Full story)


Slacker Apologizes For Friday the 13th Outage With Free Month
Is Friday the 13th really an unlucky day? For one local startup, it sure was. San Diego-based Slacker, the personalized online radio and music service, apologized to its users this week for an outage last month--on Friday the 13th---telling them that it will offer up a free month of its Slacker Premium Radio service to customers. Slacker's outage on April 13th was--literally--due to being struck by lightning, and although the outage was fixed by Saturday morning, the company said it was offerin (More info...)

posted on Friday, May 4, 2012(Full story)


Inktank Launches Open Source Storage Firm
A new startup, Los Angeles-based Inktank, said yesterday that it has launched a new company to help support the open source, distributed storage system called Ceph. The new firm--spun out of web hosting firm Dreamhost--said it will provide enterprise-level support for the Ceph storage system, which provide cloud-based storage that runs on commodity hardware. Ceph was created by Dreamhost co-cfounder Sage Weil, from his doctoral dissertation at UC Santa Cruz in 2004. Weil is CEO and Chief Archite (More info...)

posted on Friday, May 4, 2012(Full story)


Report: Lynda.com Tops $70M In Annual Revenues
Carpenteria, California-based Lynda.com, the online education site providing online training on a variety of software, ranging from PhotoShop to AutoCAD and much more which was founded by Lynda Weinman and Bruce Heavin, is now topping $70M in annual revenues, according to reports. The firm is one of Southern California's best kept secrets, and is one of the rare examples of a very successful company which was bootstrapped with no outside funding by its founders. The new revenue numbers came via (More info...)

posted on Friday, May 4, 2012(Full story)


Engrade Raises $3M For Classroom Management Tools
Santa Monica-based Engrade, a developer of online classroom management tools, said today that it has raised $3M in a funding round. The round was led by Rethink Education, and also included NewSchools Venture Fund, Greg Gunn, Zac Zeitlin, and Richard Chino. Engrade, which is headed by CEO Zach Posner, said the funding will go to expand its academic and outreach team, plus go towards its tools. Engrade's online software is used for tracking grades and other classroom activities and communications (More info...)

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THQ Sets Saints Row Sequel
Agoura Hills-based THQ said Thursday that it is working on the next sequel of its Saints Row' series, Saints Row: The Third - Enter The Dominatrix. THQ said that it will ship the title in the fall, and will ship on Xbox 360, PlayStation 3, and PC, for $29.99. THQ said it has shipped more than 11 million units of the franchise so far. THQ did not give an exact ship date on the new title.

posted on Friday, May 4, 2012(Full story)


GroundLink Expands Into Los Angeles
GroundLink, the operator of a mobile-app driven car service, said Thursday that it has expanded into Los Angeles with its service. The company--which competes against similar service Uber--allows users to schedule a private car pickup using an iPhone, Android, or BlackBerry app in real time. GroundLink had previously only been available in New York. Unlike Uber, GroundLink provides pricing information upfront through its app. Los Angeles is the first expansion beyond New York for the company.

posted on Friday, May 4, 2012(Full story)


LuxeYard Expands Into Art
Los Angeles flash sales site LuxeYard, which is headed by Braden Richter, announced Thursday that the firm is expanding into fine art. The company--which has been offering up luxury flash sales of home furnishings--said the expansion includes limited edition fine art, photography, and sculpture. LuxeYard also said that it will allow its members to upload photos of art pieces they want its art buying team to source, similar to how the firm currently allows members to request specific styles of fu (More info...)

posted on Friday, May 4, 2012(Full story)


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VC IN THE OC 2012 - May 15th
OCTANe will host the largest gathering of VCs in Orange
County this year on May 15, at the Hyatt Regency Huntington Beach. Over
45 VCs and investors will attend and participate in discussions focused on incubators, M&A, private investors, and much more.

John Balen of Caanan Partners, which recently closed a $600 million fund,
will give the VC Keynote with a “View from the Valley”
and top investment trends. Ted Schilowitz of RED Digital Cinema – the
maker of ultra high-resolution digital movie cameras used in virtually all major motion pictures – will deliver the OC Innovation keynote.

Attendees will also have access to six panel discussions, VC Speed-
dating, 14 investment presentations, a showcase of 100 innovative OC
companies, and top-tier networking with Southern California executives.
Visit http://www.VCINTHEOC2012.com.

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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.

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Pixelgate.net - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.
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Green Business BASE CAMP - May 31 to June 3rd, Los Angeles
Green Business BASE CAMP provides you with expertise in entrepreneurial
skill-building, industry-specific tools, strategic networking, expert
coaching and access to the most successful people in the green and
cleantech business.

Do you know entrepreneurs who could benefit from the BASE CAMP experience?

Picture this: 100 entrepreneurs will be surrounded for four enriching days by peers they respect, industry experts they admire, and investors they will want to impress. In addition to gaining critical tools, knowledge and personal advice, BASE CAMP attendees will walk away with the confidence they need to succeed and a clear sense of where to go next.

Paul Hawken, environmentalist, entrepreneur, journalist and author will kick off the inaugural workshop activities with words of wisdom and inspiration. Paul is THE godfather of sustainable business (but you probably know that).

Register today at:
http://greenbusinessbasecamp.com/

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Trinet: Supporting startup growth with the new recruiting ecosystem
The recruiting ecosystem is changing, led by professional social networks like LinkedIn and Viadeo and social media apps like Jobvite and BranchOut.

This report examines how the new ecosystem creates a streamlined, scientific and democratic approach to the recruiting process, and in turn, changes the way startups and growing businesses find and retain their employees.

Download this report to learn about success stories and recommendations on how to take full advantage of innovative technology to help your efforts to attract and retain top talent.

http://www.socaltech.com/trinet/wp.php?id=10

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SDVG 10th Annual Venture Summit – June 6, 2012
Manchester Grand Hyatt, San Diego

Over 75 VCs, 25 Cool Companies and 2 Fantastic Speakers!

San Diego Venture Group presents its 10th Annual Venture Summit on June 6. This year featuring two fantastic keynote presentations: David Duncan, author of “The Experimental Man” and Roger McNamee, co-founder of Elevation Partners. Join us as well for our panel with leading institutional L.P.s on the future of the small venture fund.

25 of San Diego’s Coolest Companies will be on display for you to meet. Come join the best networking event in Southern California. 75 VCs have already signed up to attend. Last year we sold out so don’t delay!

More information and registration here: http://bit.ly/SDVGvs_sct

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