Wednesday, December 4, 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!

Docstoc Acquired By Intuit
Santa Monica-based Docstoc, which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. Docstoc was venture backed by Rustic Canyon Partners, Crosscut Ventures, as well as local angel investors like Mike Jones, Scott Walchek, Matt Coffin (LowermyBills), Brett Brewer (Intermix/MySpace), Robin Richards (, and others. Na (More info...)

posted on Wednesday, December 4, 2013(Full story)

Imagine Communications Acquired By Harris Broadcast
San Diego-based Imagine Communications, a venture-backed developer of video transcoding and other related, IPTV and digital video streaming hardware, has been acquired by Harris Broadcast, Harris said today. Financial terms of the acquisition were not annoucned. Imagine Communications was venture backed by Carmel Ventures, Columbia Capital, and Court Square Ventures. Harris Broadcast is a portfolio company of Los Angeles-based The Gores Group. Harris Broadcast provides content management and net (More info...)

posted on Wednesday, December 4, 2013(Full story)

DreamHost Raises $30M
Los Angeles-based hosting company DreamHost is announcing this morning that it has raised $30M in a debt financing round, from Goldman Sachs. According to the company, the funding was structured as a $25M term loan and $5M revolving line, and will go towards buying back the stake of one of the company's founders, to pay down equipment financing, and to make cash available for growth and working capital. Terms of the loans were not announced by the company. DreamHost, which is led by Simon Anders (More info...)

posted on Wednesday, December 4, 2013(Full story)

Ptch Acquired By Yahoo
Glendale-based Ptch, a startup developing mobile applications for sharing video and photos, has been acquired by Yahoo. Financial terms of the buy were not disclosed. Ptch had been incubated out of DreamWorks. As part of the acquisition, Ptch said it will be shutting down its services on January 2nd. The company had been spun out of DreamWorks animation almost exactly a year ago. Ptch said it will join Yahoo's team to help bolster Yahoo's photo and video platforms.

posted on Wednesday, December 4, 2013(Full story)

SpaceX Completes Geostationary Transfer Mission
Hawthorne-based SpaceX, the commercial rocket firm founded by tech mogul Elon Musk, said last night that it has completed its first geostationary transfer mission, delivering a satellite--the SES-8--into orbit from Cape Canaveral. Geostationary transfer orbit is the process of delivering a satellite into position so that it can position itself into geosynchronous orbit, where a satellite essentially appears to be motionless with respect to the earth. Delivering a satellite to geostationary trans (More info...)

posted on Wednesday, December 4, 2013(Full story)

3D Robotics Lands $6M From Mayfield
San Diego-based unmanned aerial robot developer 3D Robotics has raised $6M in funding from Mayfield, as part of the company's $30M Series B funding round, Mayfield said today. 3D Robotics--headed by former editor-in-chief of Wired magazine, Chris Anderson, and co-founded by Jordi Munoz, is developing a platform for unmanned aerial vehicles (UAVs)/drones. The company's software is being used for both do-it-yourself robot building as well as commercial applications. 3D Robotics' big funding round (More info...)

posted on Wednesday, December 4, 2013 (More)(Full story)

Broadcom Targets Wireless Charging Market
Irvine-based chip maker Broadcom said today that it has launched a new, Bluetooth systems-on-a-chip (SoC) specifically to enable wireless charging. According to Broadcom, its new WICED Smart Chip is targeted at wearable devices, and supports wireless charigng for devices which are too small to connect with a power cord. Broadcom said the new chip supports the new Alliance for Wireless Power (A4WP) standard, which is an industry standard being used for wireless charging of wearable products. The (More info...)

posted on Wednesday, December 4, 2013(Full story)

BioIQ Ties With Health Systems Company
Santa Barbara-based BioIQ, the developer of technology used by employers as part of their corporate health and wellness programs, said Tuesday that it has partnered with Maxim Health Systems, to develop a tablet-based, software application which integrates health screening and wellness with real-time data management, analysis, and reporting. Financial details of the deal were not announced. According to the two, the new tablet software will help with health screening appointments, helping to boo (More info...)

posted on Wednesday, December 4, 2013(Full story)

Marlin Equity Partners Completes Tellabs Acquisition
Los Angeles-based private equity company Marlin Equity Partners said this morning that it has completed its acquisition of Tellabs, which provides mobile backhaul, optical networking, and other related telecommunications products. The deal was worth $891M, and had originally been announced in October. Marlin Equity said that Tellabs will continue to be headquartered in Naperville, Illinois. Marlin Equity said Tellabs joins a number of other telecom companies in its portfolio, including Coriant ( (More info...)

posted on Wednesday, December 4, 2013(Full story)

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

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

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

Find Help To Power Your Firm To The Next Level
Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here:

TechCXO - New Los Angeles Office To Serve Technology Companies
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
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To learn more about TechCXO in Los Angeles, go to:

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