Monday, November 25, 2013
Honor The socalTECH 50 on December 11th!
Digital Family Reunion and the socalTECH 50
Bringing Together the Southern California Business and Technology

The SoCal tech scene is on fire. Google, YouTube and others have opened
major offices in LA. Incubators abound, and start-ups are emerging once
again from garages, coffee shops and co-working spaces across the region.
Even in December, it's going to be hot hot hot!

We'll be honoring the socalTECH 50 on December 11th at the Skirball
Cultural Center in Los Angeles, from 6pm to 10pm. Come join us!

Register today! (Use code DFR53 for a discount for socalTECH readers)

Premier Sponsor: Dun and Bradstreet Credibility Corp.
Sponsors: Cresa Partners, Demand Media, PwC, Stubbs Alderton & Markiles LLP, Deloitte, Oracle, PIXT, Internap, and many others!

Realtidbits Acquired By Livefyre
San Diego-based Realtidbits, a developer of social sharing software for publishers, has been acquired by Livefyre, the two companies announced Monday. Financial terms of the acquisition were not announced. As part of the funding, Livefyre said it will be opening up a new San Diego office, and all of Realtidbits' team will join the company as part of its product, engineering, and design teams. Livefyre will migrate users of Realtidbits' various software products to its own platform. Realtidbits h (More info...)

posted on Monday, November 25, 2013(Full story)

The Honest Company Launches Designer Products
Santa Monica-based e-commerce startup The Honest Company--whose co-founders include subscription e-commerce entrepreneur Brian Lee and celebrity Jessica Alba--said today that it has launched a new line of designer, limited edition products. The Honest Company said its new line of products--called The Collective--will include both products for babies and the home, and which will be "beautiful, safe (and) eco-conscious". The company said it is tapping specially curated artisans, entrepreneurs, and (More info...)

posted on Monday, November 25, 2013(Full story) Wins Patent Battle, Continues With War On Patent Trolls
Santa Barbara-based FindTheBest, the online comparison and research site headed by Kevin O'Connor, scored a legal win Friday, saying that a judge has invalidated a software patent owned by Lumen View Technology, LLC, which is in the midst of a patent battle with the company. The company has been in a quest to take down Lumen View, which it has called a patent troll. The company has been in the midst of a civil RICO lawsuit against Lumen View, and has vowed to take a hard line on patent licensing (More info...)

posted on Monday, November 25, 2013(Full story) Now Takes Bitcoins For Air Travel
Looking for something to do with those Bitcoins burning a hole in your pocket?, a Calabasas-based online travel agency, says that it has begun accepting Bitcoin payments for airplane flights. The company said it is the only place in the United States which currently lets customers purchase flights using Bitcoins. CheapAir, which is led by Jeff Klee, said it will accept Bitcoins for flight purchases on the company's website, and plans to extend Bitcoin support for flights and hotel r (More info...)

posted on Monday, November 25, 2013(Full story)

CALIENT Technologies Sets COO
Santa Barbara-based CALIENT Technologies said Friday that it has named Jag Setler as the company's Chief Operating Officer. Setlur will serve as COO in addition to his currently position as CFO. CALIENT Technologies develops optical circuit switching technology. The company said that Setlur will now manage all financial and operational functions at Calient. He previously served in a similar position at July Systems. CALIENT's optical switching technology is based on a semiconductor process for m (More info...)

posted on Monday, November 25, 2013(Full story)

National Technical Systems Acquired By Private Equity Firm
Calabasas-based National Technical Systems, a provider of testing laboratories, certification services, and related services, is now officially a private company, after the acquisition of the company by Los Angeles private equity company Aurora Capital Group. The companies said that they acquired NTS for $23.00 per share in cash, taking the Calabasas firm off the Nasdaq on Friday. The deal is worth approximately $267M.

posted on Monday, November 25, 2013(Full story)

Microsemi Gets Early Antitrust Approval On Symmetricom Buy
Aliso Viejo-based semiconductor developer Microsemi said Friday that it has received early termination of the Hart-Scott-Rodino antitrust requirements for its planned acquisition of Symmetricom. Microsemi announced in October that it would pay approximately $230M for San Jose-based timing chip maker Symmetricom.

posted on Monday, November 25, 2013(Full story)

Get the latest PwC SoCal MoneyTree Report!
Are you interested in understanding the latest trends in venture capital
investments in Southern California? Want to know how the region did in
terms of venture capital? PwC has just posted the results of the Q3 2013
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

Download it today for free!

SAM Precclerator Program Now taking Applications!!
Stubbs Alderton & Markiles, LLP has announced that its Preccelerator
Program is now taking applications for the next class of companies to
begin on February 1, 2014. Deadline for applications is December 1,

What is the Preccelerator Program?

Our Preccelerator Program is a new platform offered to select start-up
companies out of our Santa Monica office that provides interim office
space and sophisticated legal services, with the objective of helping
you grow your idea from business concept to funded startup. The
Preccelerator Program provides free co-working space and other perks
for 5-6 promising young startups.

Apply today:

Safire Partners Executive Search
Safire Partners has completed 500+ retained executive searches since 2006 working with emerging businesses in 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

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