Monday, August 13, 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

MaxLinear Adds QLogic's Desai To Board
Carlsbad-based MaxLinear said Monday afternoon that it has named HK Desai, the Chairman and former CEO of QLogic, to its board of directors. Desai currently is Chairman of data, server, and storage networking firm QLogic, and had been CEO from 1996 until 2010, and has been instrumental in guiding QLogic's growth. MaxLinear is a developer of radio frequency (RF) and mixed signal semiconductors.

posted on Monday, August 13, 2012(Full story)

MaintenanceNet Expands Down Under
Carlsbad-based MaintenanceNet, the developer of sales channel management and service agreement renewal software, reported that it's expanding Down Under today. The firm said it has signed a new, value added distributor in Australia, Westcon Group Australia, who will offer its product to its resellers for free. Maintenancenet provides software which helps those resellers manage recurring, maintenance and IT contracts, helping them to know when those contracts are due and helping to proactively ga (More info...)

posted on Monday, August 13, 2012(Full story)

Insights and Opinions: Facebook, revisited
What's going on with Facebook? For our Insights and Opinions section today, Megan Lisa Jones, an investment banking vet, comments on the travails of Facebook, and its stock price and life as a public company.


It shouldn’t be. The company, less than 10 years old, still has a market cap of almost $50 billion. Still, the stock closed at $21.81 Friday, down around 40 percent from its IPO price of not many weeks ago. It has a drastically higher price to earnings ratio than (More info...)

posted on Monday, August 13, 2012(Full story)

YouMail Says Hola To Spanish Language Users
YouMail, the developer of personalized voicemail applications and services, said today that it has added complete, Spanish-language support to its platform, including supporting automatic Spanish-language voicemail greetings and transcriptions. YouMail said its new Youmail en Espanol software provides automatic interaction in Spanish, if the Android OS is set to use Spanish, and can automatically greet callers in Spanish, if a user wants. The service also says it now supports transcription of Sp (More info...)

posted on Monday, August 13, 2012(Full story)

ReachLocal Launches Retargeting For SMBs
Woodland Hills-based ReachLocal is looking to make search retargeting -- the targeting of consumers based on their prior Internet history -- available to the SMB market this morning, with the launch of a new product. The firm said its new ReachRetargeting, display advertising product will help SMBs target local consumers who have recently search for that SMB's business keywords, as well as those who have recently visited their site. Cost of the new product was not announced. Typically, retargeti (More info...)

posted on Monday, August 13, 2012(Full story)

Goodreads Tops 10 Million Members
Goodreads, the online social community focused on book readers, looks to be on a roll. The Los Angeles firm, which is run by Otis Chandler, reported this morning that it now has 10 million members, only three months after hitting the 9 million member mark. The company said it took four and a half years for the site to hit its initial, five million members. The site did not say why it's seen a huge uptick in members, however, the company's services are now heavily used in libraries, social networ (More info...)

posted on Monday, August 13, 2012(Full story)

More Bad News For Fisker As Karma Catches Fire
There's more bad news for Irvine-based electric auto maker Fisker Automotive this morning, as one of its Karma sedans caught fire in Woodside, California Friday. A video of the fire posted on YouTube shows the left front side of the Karma--which was parked--in flames, in a so-far unexplained self-ignition. Fisker has been dogged with reliability issues as it attempts to get its business off the ground, in many cases due to its use of A123's battery systems. Partner A123 itself was nearly driven (More info...)

posted on Monday, August 13, 2012(Full story)

How Kidworth Is Spurring Kids To Become Entrepeneurs, with Rudy DeFelice
How do you make it easy for kids to learn how to be entrepreneurs--and not only learn about it, but actually go out and create a business? Los Angeles-based Kidworth ( is looking to both help kids learn about entrepreneurship, and more importantly, make it easy for them to set up an online store, sell their services or products, and even handle things like collecting payments via credit card. We spoke with Rudy DeFelice, founder of the site and a local serial entrepreneur, to he (More info...)

posted on Monday, August 13, 2012(Full story)

Elcelyx Therapeutics Adds $4M
San Diego-based Elcelyx Therapeutics, a developer of biopharmaceuticals aimed at both the weight loss and diabetes area, said this morning that it has raised $4M of a $7M extension of its Series B equity funding round. The new funding came from Kleiner Perkins Caufield & Byers and Technology Partners. The company said that it has now raised a total of $20M in funding. The new funds will go towards clinical trials for its two product candidates. Elcelyx is working on compounds which address the s (More info...)

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Quest Debuts Windows Azure Monitoring Software
Aliso Viejo-based Quest Software announced this morning that it has rolled out a new software package for monitoring Windows Azure applications. The firm said its new package, Foglight for Windows Azure Applications, is a software-as-a-service product for performance monitoring of applications running in the Azure cloud, Microsoft's cloud computing service. Pricing on the new software was not disclosed. The new app provides both current and historical availability information, a browser-by-brows (More info...)

posted on Monday, August 13, 2012(Full story)

Kurion Names Chairman
Irvine-based Kurion, the venture-backed developer of nuclear and hazardous waste disposal technology, said this morning that it has named Ralph DiSibio as its Chairman of the board. DiSibio was most recently at Washington Energy & Environment, a firm involved in nuclear waste treatment and isolation. He has also served at Parsons Power and Westinghouse Electric Company, among other companies. DiSibio replaces Josh Wolfe of Lux Capital, who remains a director. Kurion's water purification and nucl (More info...)

posted on Monday, August 13, 2012(Full story)

Entrepreneurship Is Risky Business – How to Avoid 10 Pitfalls
When it comes to operating at peak performance, today’s small and growing companies face a variety of obstacles that can prevent them from meeting their business goals. In addition to federal and state employment-law compliance, there are other systemic pitfalls than can expose a company to risk.

Download this eGuide, which identifies the foundational risks that can distract executives from focusing on and achieving their business’ goals; along with recommendations for minimizing or eliminating those risks altogether.

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


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.

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

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 We are always interested in
meeting new candidates and potential clients, so feel free to email our
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