Tuesday, August 7, 2012
The latest trend in tech: Ordering Food Online with Seamless
From individual meals and late-night group orders, to catered meetings and blowout parties, Seamless is the easiest way to feed the office. We link companies and their employees to hundreds of local food options, offer fast and convenient online ordering and provide just one invoice for all food orders.

Join us for lunch and learn how we can make your hungry office happy.

August 14th @ 12 pm Lucques
August 15th & 12 pm Wilshire

Space is Limited - RSVP today

AwesomenessTV Gets $3.5M For YouTube Content
A new, Los Angeles based startup focused on developing original media for YouTube, AwesomenessTV, announced Tuesday afternoon that it has raised $3.5M in a Series A investment round. The round was led by MK Capital, and also included Greycroft Venture Partners and New World Ventures, along with Dean Gilbert, Allen DeBevoise, Matt Coffin, Jeremy Zimmer and Michael Kassan. According to the firm, it is creating and distributing original comedy, fashion, sports, music and reality programming for tee (More info...)

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Demand Media Revenues, Pageviews Grow
Santa Monica-based Demand Media, the online content publishing firm run by Richard Rosenblatt, reported its second quarter 2012 financial results on Tuesday afternoon, saying that both its revenues and pageviews grew from year to year. Demand Media said it had total revenues of $93.1M for the three months ended June 30, 2012, up 17 percent from the same quarter last year. The company also reported a healthy rise in pageviews across both its own sites as well as its network, with pageviews hittin (More info...)

posted on Tuesday, August 7, 2012(Full story)

MaxLinear Countersues Silicon Laboratories
Carlsbad-based MaxLinear said Tuesday morning that it has filed counterclaims against competitor Silicon Laboratories. The filing comes in response to a lawsuit filed a few weeks ago by Silicon Laboratories against the firm. MaxLinear said that it believes that a "wide range" of Silicon Laboratories product infringe on its intellectual property. MaxLinear said Silicon Labs' products are covered by three patents its holds: United States Patent Nos. 7,362,178; 8,198,940; and 7,778,613. MaxLinear i (More info...)

posted on Tuesday, August 7, 2012(Full story)

Viridity Energy Find $15M From Mitsui & Co.
Viridity Energy, a developer of demand-side management software for managing the smart grid, has raised $15M in an investment round from Mitsui & Co. The firm--which is based in Philadelphia, but also has a sales office in Newbury Park, California--develops a platform it says helps large energy users to manage their energy spending.

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Sonos Streams Songza
Santa Barbara-based music system developer Sonos is continuing to expand out its impressive menu of Internet-linked music services it connects with, today saying it has added Songza as an available service on its multi-room, Internet-connected Sonos music systems. Songza offers up an online, music streaming service that revolves around hand-crafted music playlists. Songza's service has music playlists organized around themes "coffee shop", "waking up", "falling asleep", etc. which can be streame (More info...)

posted on Tuesday, August 7, 2012(Full story)

Telcentris Names New Business Development Head
San Diego-based Telcentris, the developer of cloud-based communications and voice services, said this morning that it has named Pertti Johansson as its Executive Vice President, overseeing Global Business Development. Johansson was previously at Powerwave Technologies, Monitise Group, and also was President, Europe/MEA at Qualcomm. Johansson also has served at Motorola. According to Telcentris, Johansson has more than 35 years of experience in the telecom and wireless industry. Telcentris operat (More info...)

posted on Tuesday, August 7, 2012(Full story)

LeisureLink Ties With Groupize.com
Pasadena-based LeisureLink, which operates an online system for connecting vacation rental properties with travel agents and web booking, has linked with a new automated group hotel booking engine, Groupize.com, the two said this morning. The two said that LeisureLink's independent vacation and hotel properties will be available via Groupize, giving users of that service access to over 1,000 independent vacation rentals, timeshares, villas, condo hotels and boutique resorts throughout the U.S. a (More info...)

posted on Tuesday, August 7, 2012(Full story)

Inktank Bolsters Exec Team
Los Angeles-based Inktank, the developer of the open source, distributed storage software Ceph, is expanding its executive tem today, saying that it has hired James Duncan as its new CTO, Russell Kojima as VP Professional Services, and Debbie Moynihan as VP Marketing. Duncan joins the company from Joyent, where he was recently CTO, Worldwide Sales. Kojima was previously COO at ForceBrain.com, having also served at Kaltura, hiSoft Technology, IBM, and SugarCRM; and Moynihan was previously at Fuse (More info...)

posted on Tuesday, August 7, 2012(Full story)

Nirvanix, Luminex Tie On Mainframe Cloud Storage
San Diego-based cloud storage provider Nirvanix and virtual tape storage products firm Lumnix, which is based in Riverside, said today that they have teamed to ship a cloud-based, tape storage product aimed at the mainframe environment. According to the two, they have created the first, cloud-based product which allows mainframe customers to store their mainframe tape volumes in the Nirvanix storage cloud. Pricing on the new product was not announced. The two said that LUMNIX CloudSafe will allo (More info...)

posted on Tuesday, August 7, 2012(Full story)

Microsemi Sets New European Headquarters
Aliso Viejo-based Microsemi, the developer of semiconductor products, said this morning that it has set a new, European headquarters in Ennis, Ireland. Microsemi says it has been in the country for twenty years, and is now bolstering staff and expanding in the country. Microsemi said it now has approximately 300 people in Ennis, after recruiting an additional 50 staff so far this year. In conjunction with the new European headquarters, Microsemi said it has launched a new, Microsemi Scholarship (More info...)

posted on Tuesday, August 7, 2012(Full story)

JustEnough Wins VisionTek
Newport Beach-based JustEnough Software, the developer of demand management and sales forecasting software, reported a win today with PC products maker VisionTek. JustEnough said that VisionTek is using its JustEnough Mobile for iPad solution. Financial terms of the deal were not announced. JustEnough said VisionTek is using its product to improve sales forecasting and purchasing.

posted on Tuesday, August 7, 2012(Full story)

LAVA's Annual Venture Capital Panel - August 14th, Santa Monica
LAVA Special Event
LAVA's Annual Venture Capital Panel

Tuesday August 14, 2012
6:00pm - 9:30pm

Fairmont Miramar Hotel & Bungalows, 101 Wilshire Blvd, Santa Monica, CA 90401

Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Find out what does it take to secure Venture Capital for your company. Learn about the hottest trends and the mistakes NOT to make.

Moderator: Jon Funk, Founder, Ocean Road Partners

Confirmed Panelists

Jim Andelman, Managing Partner, Rincon Venture Partners
David Caseras, Principal, Vicente Capital Partners

See http://www.lava.org

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.


PwC Emerging Company Zone
Visit the Emerging Company Zone, sponsored by PricewaterhouseCoopers, for access to the latest MoneyTree venture capital report; thought leadership articles, information on IPOs and more.


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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