Tuesday, February 12, 2013
Technori Pitch To Feature Launching Startups PLUS Keynote Brian Wong
On Tuesday, February 12, Technori Pitch will kick off it's first startup showcase event at ROC Santa Monica.

Technori Pitch is a regional monthly showcase of innovative startups, pitching their latest technologies. Each month, impassioned entrepreneurs, developers, designers, tech companies, investors and generaltech enthusiasts gather to watch startups launch and present their newest products.

February's event will feature launching demos from LA startups Bitium, Stone+Cloth, StaffRanker, Enlightened.org, and Battlefy.

Keynoting the event is Brian Wong, Cofounder of Kiip. Called the youngest person to ever receive venture capital funding by CNBC and The Wall Street Journal, Brian received his Bachelor of Commerce at age 18, after skipping four K-12 grades. He has been recognized by Business Insider’s Top 25 Under 25 in Silicon Valley, 30 Under 30 in Advertising and 18 Most Important People in Mobile Advertising; Forbes’ 30 Under 30 in 2011 and 2012; Mashable’s Top 5 Entrepreneurs to Watch; iMedia 25; and the AdAge Creativity Top 50.

This event will sell out. Purchase tickets now at: http://la.technori.com

SoCalTech readers get save 15% off tickets using code SOCALTECH1

Interested in sponsoring? Contact: val at technori dot com

Cornerstone OnDemand Joins $100M+ Club
Santa Monica-based Cornerstone OnDemand has joined the club of local high tech companies to cross the $100M in annual revenues mark, after reporting Tuesday that it had full year revenues of $117.9M, up 56 percent year to year. The publicly traded company, which provides talent and learning management software to corporations, disclosed the numbers as part of its fourth quarter and fiscal year 2012 results. Cornerstone OnDemand says it now has over 1,2000 clients and 10.5 million users using its (More info...)

posted on Tuesday, February 12, 2013(Full story)

SnapCuts Now Lets Users Upload Videos
Snapcuts, the Pasadena-based startup which develops a mobile video app of the same name which lets users mix and match videos to create personalized video greeting cards, has just released an update to the app, which lets users upload their own videos. According to the company, the new, user generated content capability lets users upload their own video clips, which they can mix with the app's library of existing content. SnapCuts lets users mix and match all kinds of videos to create greeting c (More info...)

posted on Tuesday, February 12, 2013(Full story)

How Let's Date Is Taking On Mobile Dating, With Sean Suhl
There's a big shift happening in online dating, away from websites and profiles, and towards mobile applications. In fact, according to Sean Suhl, the founder of Let's Date (www.letsdateapp.com), it's completely opened up a brand new market for how people are finding romance, as singles move away from legacy dating sites and towards new, mobile dating services like his own. Suhl's startup--backed by Science Inc., the startup studio headed by former MySpace CEO Mike Jones--recently launched, and, (More info...)

posted on Tuesday, February 12, 2013(Full story)

Sonos Debuts New Product For HDTV
Sonos, the developer whole home, user-friendly audio systems, has debuted a new product, aimed at HDTV owners. Sonos said its new SONOS PLAYBAR was designed as a complement to home theaters, and plugs into a TV and any Sonos component. The new device also connects into the Sonos controller apps for the iPhone, Android, and iPad, allowing users to stream music, watch TV, and more. Sonos said the new product is now available for pre-order, and is due to be available on March 5th; the new PLAYBAR i (More info...)

posted on Tuesday, February 12, 2013(Full story)

Microsoft Opens Xbox Studio In Los Angeles
Santa Monica has just gotten yet another boost in its bid to become the capital of Silicon Beach, as Microsoft said this week that it is opening up a new, 125-person strong entertainment studio in the city as part of an effort to create interactive content for the Xbox. The announcement, which was made Monday at the AllThingsD conference, will create original interactive content, live events and streaming, and more for Xbox. Microsoft said the production studio will employ 125, and plans to roll (More info...)

posted on Tuesday, February 12, 2013(Full story)

TeleSign Acquires Routo Telecommunications
Telesign, the provider of Internet security and authentication services and tools, said today that it has acquired global SMS provider Routo Telecommunications. Financial terms of the move were not disclosed. Los Angeles-based Telesign, which is headed by serial entrepreneur Steve Jillings, said that the acquisition will help it improve its fraud prevention services.

TeleSign said the acquisition means that it now owns and manages its own, GSMA-licensed mobile messaging network, which will he (More info...)

posted on Tuesday, February 12, 2013(Full story)

RightScale Lands $15.6M More
Santa Barbara-based RightScale, the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. RightScale's software is used by companies to monitor, deploy, and manage their cloud applications, including both public and private clouds.

RightScale is venture backed by Benchmark Capital, Index Ventures, and Tenaya Cap (More info...)

posted on Tuesday, February 12, 2013 (More)(Full story)

WD Debuts Streaming Media Player
Irvine-based WD has debuted a new streaming video player today, called the WD TV Play. Western Digital said that its new product streams popular Internet channels from YouTube, Netflix, Hulu Plus, VUDU, and other services, in addition to streaming a user's own personal photos, music, and video. WD says its new product starts at a MSRP of $69.99, and provides full HD 1080p video streaming, and connects to the Internet using high speed wireless of Ethernet; the device also includes free iPhone and (More info...)

posted on Tuesday, February 12, 2013(Full story)

DriveCam Hits $100M In Revenues
DriveCam, the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. The firm said it ended 2012 with orders in excess of $100M, a growth of 50 percent in its subscription base and double the number of orders year over year.

DriveCam said the revenue growth came due to global expansion, strategic partnerships, and continued growth within its customer fleets. DriveCa (More info...)

posted on Tuesday, February 12, 2013(Full story)

Aviir Snags $10M In Second Tranche Financing
Irvine-based Aviir, a developer of cardiovascular disease testing technology, said today that it has raised $10M in a second financing tranche, after meeting a revenue milestone. According to Aviir, the round was led by Merck Global Health Innovation Fund, and also included Partners & Partners, Bay City Capital, Aberdare Ventures, and New Leaf Venture Partners.

Aviir is developing a laboratory testing service which helps to identify and prevent cardiovascular disease, using blood testing. Th (More info...)

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Cornerstone OnDemand Ties Into Salesforce
Santa Monica-based Cornerstone OnDemand, the developer of software-as-a-service for talent and human resources management, said today that it has launched a new product which connects directly into Salesforce.com. Cornerstone OnDemand said its new Cornerstone for Salesforce directly embeds learning management into Salesforce.com, giving sales and service firms direct access to training from within that tool. Pricing on the new software was not announced. Cornerstone OnDemand says it already has (More info...)

posted on Tuesday, February 12, 2013(Full story)

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