Monday, October 21, 2013
Silicon Beach Tech Event
Join the TeleSign team for an exclusive networking event in Santa Monica.

Get a sneak peak of new products, network with industry leaders, and
enjoy fresh food and drinks.

Where: Huntley Hotel, Santa Monica
When: October 24th
Time: 7:00-10:30pm

Register today:

Please feel free to contact Caitlin Huey, if you have
any questions.

Gumiyo Acquired By Talus Labs
Los Angeles-based mobile software developer Gumiyo has quietly been acquired by fellow Los Angeles company Talus Labs, a developer of a platform used for selling digital products
to local businesses. Financial terms of the buy were not announced. The acquisition actually occurred in Q2 of this year, but was not formally announced. Gumiyo's team has already been integrated into Talus Labs. Talus Labs is backed by Blackstone Capital. Gumiyo co-founder Shuki Lehavi said the Talus saw an opportunit (More info...)

posted on Monday, October 21, 2013(Full story)

Microsemi Buys Symmetricom
Aliso Viejo-based semiconductor developer Microsemi announced Monday that it has acquired Symmetricom, a San Jose-based developer of timing and frequency components. According to Microsemi, it will pay $7.18 per share--or approximately $230M--for Symmetricom. Symmetricom's chips are used in GPS satellites, for atomic clocks and timekeeping standards, the power grid, and many other applications. Microsemi said the deal is a 49 percent premium based on average closing price of Symmetricom during t (More info...)

posted on Monday, October 21, 2013(Full story)

Vicente Capital Invests In Wireless Software Company
Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions, a Canadian company providing in-building wireless design software. Financial details of the investment were not announced. Vicente Capital said that its Growth Equity Fund, jointly with Farol Asset Management, acquired a "significant" equity interest in iBwave, which is based in Montreal, Canada. iBwave said it has over 500 clients worldwide, including all of the tier-1, (More info...)

posted on Monday, October 21, 2013(Full story)

Insightra Medical Gets Funding For Medical Devices
Irvine-based Insightra Medical, the developer of a medical device used for treating hernias, has raised a Series C financing round, the company announced this morning. Size of the round was not announced. The funding was co-led by Baird Capital, and also included Tekla Capital Management. The company said that Michael Liang from Baird Capital and Frank Gentile from Tekla will both join the company's board as part of the funding. The funds go towards product development, sales force growth, and i (More info...)

posted on Monday, October 21, 2013(Full story)

Marlin Equity Partners Buys Tellabs For $891M
Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs, a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. According to Marlin Equity, it will pay $2.45 per share in cash for Tellabs, which is currently listed on the NASDAQ as TLAB. Marlin Equity said the price is a premium of 4.3 percent over Tellabs share price on Fiday, and 28.9% over the company's 52-week low closing (More info...)

posted on Monday, October 21, 2013(Full story)

Arcturus Therapeutics Gets $5M
San Diego-based Arcturus Therapeutics, a developer of RNAi technology, said it has raised $5M in a Series A funding round. According to Arcturus, the funding came from multiple private capital,, high net worth investors from Canada, Japan, and the United States. Names of those capital sources were not announced. The company said the new funding will go towards recruiting a team to expand its operations and to work on its lead clinical candidate. The company is co-located with Janssen Labs in La (More info...)

posted on Monday, October 21, 2013 (More)(Full story)

PowerGenix In Evaluation With Offroad Products Firm HELLA
San Diego-based advanced battery technology developer PowerGenix said today that it has signed a product evaluation contract with offroad products manufacturer HELLA. According to PowerGenix, HELLA will conduct real-world, vehicle tests to evaluate its Nickel-Zinc (NiZN) batteries, to meet high power requirements of 48-volt, mild hybrid systems. Financial impact of the deal was not announced. PowerGenix is developing NiZn batteries which it says outperforms both lead acid and nickel-metal hydrid (More info...)

posted on Monday, October 21, 2013(Full story)

NanoH2O Plans Manufacturing Plant In China
El Segundo-based NanoH2O, the venture-backed developer of reverse osmosis membranes for seawater desalination, said Sunday that it plans to build a manufacturing facility in Liyang, China. According to NanoH2O, the new facility will be its second manufacturing facility, and is in addition to its existing plant in Los Angeles. NanoH2O said the new plant will cost a total of $45M, and be operational by the end of 2014. NanoH2O said the new plant will go towards supplying its products in the Chines (More info...)

posted on Monday, October 21, 2013(Full story)

uSamp Names New Marketing VP
Los Angeles-based uSamp said last week that it has named Andy Jolls as its new Senior Vice President of Marketing. According to uSamp, Jolls comes from, where he was SVP of Consumer Marketing. Jolls also has served as Chief Marketing Officer at, and served at, Move, Black Sun Interactive, Apple, Hewlett Packard, and Technomic. uSamp is a provider of sampling and polling services and technology, used by marketers for market research.

posted on Monday, October 21, 2013(Full story)

ChromaDex Gets Strategic Investment
Irvine-based ChromaDex, a publicly held developer of phytochemical ingredients, said it received a strategic investment from DSM Venturing, the venture capital arm of Royal DSM. Size of the investment was not announced. Royal DSM is a major life sciences and material sciences company with operations in the food, dietary supplement, pharmaceuticals, and many other industries. ChromaDex provides ingredients for the dietary supplement, food, beverage, cosmetic, and pharmaceuticals market.

posted on Monday, October 21, 2013(Full story)

Reliam- Leaders of Internet Application Management
Who's ensuring the performance of your application or website? Reliam's Internet Application Management extends beyond the services currently available from most managed hosting providers and covers the entire application stack including customer application code.

Reliam is trusted by the world's most recognized brands, the top interactive
agencies, and the largest internet events in the world.

Our services include:
- State-of-the-art Internet Application Management
- All-inclusive Managed Services
- On-demand Scalable Hybrid Architectures
- 24x7x365 U.S. Phone-based Rapid Support
- Complete Monitoring
- Enterprise Quality Server Hardware
- Premium Tier IV Data Centers

Please visit us at to learn more.

Robert Ramey Software Development
We turn your Hardware/Software ideas into real prototypes and products.

Robert Ramey Santa Barbara, CA 93110 (805)569-3793

Need insurance? Look at socalTECH's Service Provider Directory
Starting a company? Make sure you've got all the right insurance coverage by looking through our list of the insurance providers who serve high tech business with D*O, Property, Liability, Workers Comp, and other insurance:

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (
Technical Recruiting for LA based Startups and High-Growth Companies

Binary Pulse Technology Marketing. We Create Demand.
Binary Pulse Technology Marketing
We Create Demand for California's Technology Companies

For more than ten years, dozens of Southern California's industry-leading
tech firms have turned to Binary Pulse for their demand-generating
strategies and programs.

Our services include:

-- Demand Generation Planning and Execution
-- Channel Program Development
-- Lead Capture and Management
-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
-- Multimedia Presentations
-- Social Media Marketing

Please visit us at
to learn more or give us a call at 949-336-7400.

Sponsored By


Recent Interviews

Browse Issues