Tuesday, April 23, 2013
Nativo Gets $3.5M For Native Advertising Technology
Los Angeles-based Nativo, the online advertising technology firm led by Justin Choi, has raised $3.5M in a Series A funding round, the firm announced Tuesday. The funding was led by Greycroft Partners, and also included e.ventures and Signia Venture Partners. Nativo was formerly known as PostRelease, and had raised $1.8M in seed funding from Signia and angels. Nativo's technology revolves around inserting sponsored content into the site of publishers automatically. Sponsored content/native adver (More info...)

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TasteMade Aims To Be The Next Food Network, But Online

It's increasing a world where online video distribution channels (YouTube, Hulu) are more important than the old-fashioned broadcast and cable television -- and where online video channels are helping to pave and define a new way of reaching audiences and pioneering content. Another player in the space has recently emerged in Los Angeles, TasteMade--this time, targeting food. The startup said recently that it now has over 100 food channels, covering food, travel, cooking, and more across the A (More info...)

posted on Tuesday, April 23, 2013(Full story)

Fisker Automotive Misses Federal Loan Payment
In the latest in the very long running saga of the troubles for Anaheim-based Fisker Automotive, the U.S. Department of Energy reported Monday that the hybrid auto maker failed to make a $10 million payment on a government loan. According to a report from the Los Angeles Times, the payments were due to pay down about $192M borrowed under the DOE's Advanced Technology Vehicles Manufacturing Loan Program. The DOE said last week that it had already recouped $21M in reserve account funds from Fisker (More info...)

posted on Tuesday, April 23, 2013(Full story)

TenOneTen Ventures Emerges As SoCal's Newest Venture Capital Firm
Despite the level of venture capital activity in Southern California, the region--according to informal discussions with venture capitalists over the years--continues to suffer from a dearth of local, indigenous capital--at least, compared with the hundreds of investors along Sand Hill Road. Because of that, the local high tech industry here has welcomed any and all new capital. The newest venture capital firm in Southern California looks to be TenOneTen Ventures, a new venture firm headed by Gi (More info...)

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SRCH2 Raises Funding, Targets Enterprise Search
The world of search technology is constantly evolving, with new features like autosuggestion, "instant search", autocorrect, mobile support, and more constantly showing up in such services like Google. But, if you're not one of the giants in search, how do you keep up with the constantly evolving features in search? SRCH2 announced today that it has raised a round of funding, and launched its efforts to provide those next-generation search capabilities to enterprises. To do that, it has snagged (More info...)

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Changing The Business Of Media Through Online Video, With Cenk Uygur
The world of media is in the midst of a major transition, where radio and television are no longer the powers they used to be--and there's a clear shift towards some unknown future online. One of the folks in media who has been helping to define that shift is Cenk Uygur, the head of Culver City-based The Young Turks (www.tytnetwork.com), and online news and politics show. We caught up with Uygur--who has had his own show on Sirius Satellite Radio, hosted MSNBC Live, and currently has his own sho (More info...)

posted on Tuesday, April 23, 2013(Full story)

MarketShare Finds $38M More
Los Angeles-based MarketShare, the developer of predictive analytics software for the marketing industry, has raised a big, $38M funding round, the firm said Monday. The funding was led by FTV Capital, and also included Elevation Partners and others. MarketShare, which is co-led by Wes Nichols and Jon Vein, said the financing will go towards its technology platform and accelerate growth in markets worldwide. MarketShare develops technology used to help with understanding the payoff of investment (More info...)

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THQ Auctions Off Additional Games
Bankrupt videogame maker THQ said Monday afternoon that it has received $6.55M in the sale of six additional lots of its intellectual property, from three buyers. The firm said it received $4.9M from Nordic Games Licing AB for its titles Darksiders, Red Faction, MX vs ATV, other owned software (includes Destroy all Humans!, Summoner and more), and other licensed software (includes Marvel Super Hero Squad, Supreme Commander and more); $1.35M from Gearbox SOftware for its title Homeworld; and $0.3 (More info...)

posted on Tuesday, April 23, 2013(Full story)

uSamp: 65 Percent of Companies Allow Working Remotely
Encino -based uSamp, which provides technology to enable market research and survey panels, has tapped into its stable of survey respondents to figure out how many companies now allow employees to work remotely. The company said its new study finds that 65 percent of companies now allow employees to work remotely, versus 35 percent that do not. The issue of whether or not to allow remote workers has come to the forefront after a highly publicized effort by Yahoo's new CEO, Marissa Meyer, to forc (More info...)

posted on Tuesday, April 23, 2013(Full story)

Illumina Hires New General Counsel
San Diego-based life sciences equipment firm Illumina said Monday that it has appointed Charles Dadswell as its new Senior Vice President and General Counsel. Dadswell was most recently VP, GEnreal COunsel for North and Latin America, and Corporate Director of Global Intellectual Property at bioMerieux. He also has served at BioDelivery Sciences International, Glaxo, GlaxoWellcome and GlaxoSmithKline. Dadswell replaces Christian Cabou, who the firm said has retired.

posted on Tuesday, April 23, 2013(Full story)

TechCXO - New Los Angeles Office To Serve Technology Companies
TechCXO, a leading provider of C-Suite-level strategic and functional
consulting services for technology companies, has announced it is opening
a new office to serve Greater Los Angeles, including greater Santa
Barbara and Ventura Counties.

The firm has tapped veteran operational and financial expert Paul Meyer
to be the managing partner for TechCXO’s efforts here.Paul Meyer is an
experienced finance executive with a 25-year track record in senior
finance roles at start-up and Fortune 500 technology companies in
Southern California. For the past six years, he has run a successful CFO
consulting practice, focused on early stage to mid-market technology
companies in the greater Santa Barbara and Ventura County areas. Most
recently, he has been the CFO of Cynvenio Biosystems, Inc., an early
stage medical device company. He was also Interim General Manager of
their plastic consumables manufacturing business, BioMolded Products LLC.

To learn more about TechCXO and Paul Meyer, go to:

SoCal IP Law Group LLP
Serving the IP Needs of Businesses: IP Litigation . IP Counsel . IP Transactions . Patent & Trademark Prosecution
Westlake Village . Santa Barbara . Irvine.
805-230-1350 info@socalip.com http://www.socalip.com

Splash LA - May 30th - Hollywood Roosevelt
Calling all entrepreneurs and investors: Vator Splash LA is being held on
the evening of May 30 at the famed Hollywood Roosevelt.

So save the date. Use "Socal15" on any of the tiers. You can register
here: http://vatorsplashla2013.eventbrite.com/

What do Peter Thiel, Mark Pincus (Zynga), Aaron Levie (Box), Brian
Sharples (Home Away), Tim Westergren (Pandora),Dick Costolo (Twitter)
have in common? They've all spoken at Vator Splash, sharing their advice on
what it takes to build a startup. Vator Splash is the only event dedicated to helping entrepreneurs learn from seasoned and successful entrepreneurs so you can learn from their mistakes and be energized by their determination and will to succeed. It is an event that inspires.

Vator is href="http://vator.tv/competition/vator-splash-la-may-2013">now taking
applications to find promising startups (must have not
raised more than $2M in financing). It's free to enter. Even if you're
not raising funds, it's a great stage to get exposure and access to an
incredibly high-profile group of investors and entrepreneurs. There's
also $25k-plus in prizes and sit-down meetings with top VCs.

Register today!

CLEARSTONE VENTURES: Venture Capital for Technology Innovators
Clearstone Venture Partners ( http://www.clearstone.com )
Venture Capital for Technology Innovators.

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (http://www.fetchrecruiting.com)
Technical Recruiting for LA based Startups and High-Growth Companies

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