Wednesday, May 1, 2013
VC in the OC - May 22 - Hyatt Regency Irvine
One of the largest investor and entrepreneur gathering in Southern California. This year's advanced registrations are ahead of 2012's record attendee pace. Don't miss it.

Keynotes from Vinny Smith (sold Quest Software to Dell for $2.4B), Mark Suster (GRP Partners), and Brendan Iribe (CEO, Oculus VR. One of Southern California' hottest startups).

Investment presentations from 16 Series A to Series D tech, life science, and cleantech companies.

All entrepreneurs in attendance can participate in VC/Investor Speed Dating.

Learn from and engage with the discussion panels on Crowdfunding, Private Equity, Big Data, and Medical Devices.

Showcase displays from over 80 startups.

See all the details and register today: Revamps Homepage, Rolls Responsive Design
In a move to better convert visitors to its site--and adapt to the increasingly mobile, tablet-centric world-- Los Angeles-based said Wednesday that it has launched a brand new, homepage and responsive web design. According to the company, the new design and features are focused on providing higher conversion rates for its advertisers. The changes include better rendering for mobile devices and tablets, better search functionality, and new branding and design elements, according to t (More info...)

posted on Wednesday, May 1, 2013(Full story)

Awesomeness.TV Among Fastest Exits, Best ROI Ever On Silicon Beach
The acquisition of Awesomeness.TV is the both fastest funding-to-exit in Silicon Beach, as well as one of the exits with best multiple on dollars invested, according to a new analysis of our extensive database of venture deals. In an analysis stretching back to all of the exits logged in our data since 1996, Awesomeness.TV had the shortest time between an initial funding and exit of any company, just short of nine months. It also had one of the best ratios on money invested in the company to po (More info...)

posted on Wednesday, May 1, 2013(Full story)

Famous Birthdays Focuses On Finding Celebrity Facts
What are the most searched for things on the Internet? From the annual search statistics from Google and Bing, it's clearly information about celebrities. A Santa Monica startup, Famous Birthdays, looks to have carved out quite a niche in the area, with its online list of (you guessed it), famous birthdays. The service says it has more than 30,000 profiles of famous people, with quick facts about them.

The startup--the brainchild of Evan Britton--has been ramping up its efforts recently, havi (More info...)

posted on Wednesday, May 1, 2013(Full story)

Qualcomm Backs Photo Technology Firm Pelican Imaging
San Diego-based Qualcomm has backed a developer of advanced photo and camera array technology, Pelican Imaging, with a strategic investment today. Pelican Imaging, which develops camera array technology for mobile phones, said it raised $20M in a Series C funding, led by strategic investor Qualcomm, via Qualcomm Ventures. Other investors in the round included Nokia Growth Partners, Globespan Capital Partners, Granite Ventures, InterWest Partners and In-Q-Tel. Pelican's technology captures multip (More info...)

posted on Wednesday, May 1, 2013 (More)(Full story)

Awesomeness TV Acquired By DreamWorks For As Much As $117M

In what looks to be a stunning quick exit for one of Southern California's new YouTube networks, Awesomeness TV has been acquired by DreamWorks, in a deal worth as much as $117M. DreamWorks said that it will pay $33M in cash, plus pay out up to $117M if Awesomeness TV meets certain earnings targets.

The acquisition is one of the fastest exits ever for a local, content-meets-online company--AwesomenessTV had only just raised $3.5M in a Series A in August of 2012, from such investors as MK Ca (More info...)

posted on Wednesday, May 1, 2013(Full story)

SocialVibe Co-Founder Returns As CEO
Los Angeles-based online advertising firm SocialVibe has a new CEO this morning: co-founder Joe Marchese. Marchese had been President of the company from 2006 until 2011, when he departed to become Senior Vice President of Marketing and Digital for Fuse Networks. Marchese takes the place of former CEO Todd Tappin--who joined SocialVibe last February--who left the company in January to become the COO and CFO at Rubicon Project. Tappin left just as rumors of an IPO at Rubicon have been swirling am (More info...)

posted on Wednesday, May 1, 2013(Full story)

CODA Files For Bankruptcy, Abandons Automobile Business
Los Angeles-based CODA Holdings, the parent firm of hybrid electric automotive maker CODA Automotive, is abandoning the automotive business, and has filed for Chapter 11 bankruptcy. CODA Holdings said this morning that it will restructure its business around its energy storage technology, the segment of its business which has been taking the battery management and thermal management systems it developed in creating its cars and applying it to energy storage for the commercial, residential, and i (More info...)

posted on Wednesday, May 1, 2013(Full story)

ACTIVE Network Loses CEO, Chairman
In a big leadership executive shuffle over at San Diego-based ACTIVE Network, the company announced today that its current CEO, Matthew Landa, has resigned, as has its Executive Chairman and Chairman of the board, David Alberga. Reason for the big switchup at its executive ranks was not given. According to ACTIVE Network, it has appointed Jon Belmonte, former Chief Media Officer and Chief Operating Officer at the company as interim CEO, and has launched a search for a permanent CEO. At the same (More info...)

posted on Wednesday, May 1, 2013(Full story)

The Trade Desk Debuts Real Time Bidding On Video Ads
Ventura-based advertising exchange The Trade Desk is moving into real time, video advertising, the company announced this morning. The Trade Desk said it has launched full RTB video advertising capabilities on its platform, so that it now supports display, video, and social advertising. The Trade Desk, headed by Jeff Green, said the new video support adds pre-, mid-, and post roll video, 15-, 30- and 60-second inventory, and companion banners. The Trade Desk develops a platform used by advertisi (More info...)

posted on Wednesday, May 1, 2013(Full story)

Learn To Be A Business Rockstar- First Steps In Starting A Business
Business Rockstars Academy:
BUSINESS ROCKSTARS ACADEMY: Starting your own business and becoming an entrepreneur can be one of the most exhilarating and rewarding experiences of your life. But you need to clearly understand what it takes and how to start.

If you succeed, it will change your life in these ways:
The Freedom to set your day / schedule
The potential to dramatically increase your income
A higher level of job security
The ability to leave a legacy & Contribute

In this 3 hour class you will learn what it takes to become an Entrepreneur and tools to get clear on your business idea!

Speakers include: Nolan Bushnell (Founder, Atari & Chucky Cheese); Steve Lehman (Premiere Radio Networks); Ken Rutkowski (Business Rockstars); Nanxi Liu (Enplug); Dave Ulmer (founder, Roxio); Josh Wenner.

Sign up today (discount for socalTECH readers)!

Technology Fast 500 Call for nominations

Powerful Connections

Deadline to submit: June 28, 2013

Submit your nomination for Deloitte's 2013 Technology Fast 500, a list of the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in the United States and Canada based on percentage revenue growth from 2008 to 2012.

For more information, visit our Web site at or contact the Fast 500 team at

We look forward to your participation!

CLEARSTONE VENTURES: Venture Capital for Technology Innovators
Clearstone Venture Partners ( )
Venture Capital for Technology Innovators.

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
Managing Partner, Todd Gitlin at We can also always be a
friendly source for investor introductions and general market /
compensation intelligence.

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.

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

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="">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!

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