Wednesday, January 15, 2014
Battlefy Finds $1.3M
Battlefy, a startup developing an online platform for managing e-sports tournaments, leagues, and content--which is a graduate of the Amplify LA accelerator--said this week that it has raised $1.3M in seed funding from Deep Fork Capital, William Morris Endeavor, former Riot Games Chairman Jarl Mohn, Dennis Phelps (IVP), Social Starts, BDC Ventures, and Keith Boesky. The company--now based in Vancouver, BC--helps organizers of professional video game tournaments and leagues. The company is led by (More info...)

posted on Wednesday, January 15, 2014 (More)(Full story) Tightens Screws On Free Users, Further Restricts Service
San Diego-based DAR.fmM, the handy radio recording service which lets users record radio shows for listening later via their PC or mobile device, is tightening the screws on its users, telling them today that it has started restricting the ability for users to listen to their radio recordings on smartphone or other non-PC devices. The company said that only paid "Pro" level subscribers will be able to use those features. The further restrictions on the service follows a move only a couple of wee (More info...)

posted on Wednesday, January 15, 2014(Full story)

Houzz In Big International Expansion
Houzz, the online home remodeling and design site and app which has a significant presence in Orange County, said Wednesday that it is in a big international expansion. The company said it has opened office and hired local manager in the UK, Germany, and Australia, as part of a big global expansion by the company. The startup offers up a service which provides information about home improvement, remodeling, and design, and helps connect homeowners with home improvement professionals. The company (More info...)

posted on Wednesday, January 15, 2014(Full story)

Amplify.LA Raises $8M More For Incubator Investments
Venice, California-based startup incubator Amplify LA, the startup accelerator headed by Paul Bricault and Richard Wolpert, disclosed today that it has raised $8M in a second investment fund for its companies. The funding came from such companies as Accel, Greycroft, Siemer Ventures, Karlin Ventures, Deep Fork Capital, and others.

posted on Wednesday, January 15, 2014(Full story)

SolarCity Buys LA's Common Assets For Crowd Powered Solar Financing
In another boost to the reputation of Los Angeles for financial technology startups, Common Assets LLC, a financial technology startup focused on investment platforms for individual investment in solar power technology, has been acquired by SolarCity. Financial terms of the buy were not disclosed. Common Assets is headed by Tim Newell and John Witchel, who are joining SolarCity as part of the buy. Common Asset was backed by Los Angeles private equity investor U.S. Renewables Group. Jim McDermott (More info...)

posted on Wednesday, January 15, 2014(Full story)

Autotask Eyes Los Angeles Sales Office
Hosted IT business management software provider Autotask says that it is planning to expand in Los Angeles, and will be opening up a new field sales office here sometime later this year. The business software maker, which is based in New York, provides customer service relationship management, service desk, and other IT business management products to its customers. The company did not say where in Los Angeles it will be setting up the office. Los Angeles is home to a significant number of enter (More info...)

posted on Wednesday, January 15, 2014(Full story)

ID Analytics Names Chief Product Officer
San Diego-based risk and analytics firm ID Analytics said this morning that it has named George Gelly as the company's new Chief Product Officer. Gelly was previously at Intuit, serving as Director of Product Development. He also has served at United Health Group. ID Analytics is now owned by LifeLock, which acquired the San Diego company back in 2012.

posted on Wednesday, January 15, 2014(Full story)

Velocify Snags Former Microsoft GM For Engineering VP
Los Angelees-based Velocify, the cloud-based sales automation software developer headed by Nick Hedges, said this morning that it has snagged former Microsoft General Manager Chandra Shekaran as its new Senior Vice President of Engineering. According to Velocify, Shekaran was most recently General Manager of Microsoft's Search Technology Center, working on Microsoft's Bing search engine. Velocify said that Shekaran also was GM of Microsoft's Remote Desktop Virtualization business, and led Micros (More info...)

posted on Wednesday, January 15, 2014(Full story)

NetZero Expands Via Sprint 3G
Woodland Hills-based NetZero Wireless, the mobile broadband service which is a subsidiary of United Online, said this morning that it has expanded its coverage via Sprint's nationwide 3G network. NetZero said its NetZero Mobile Broadband Service now reaches over 276 million people worldwide. NetZero and Sprint had announced the deal to use Sprint for the broadband wireless service back in July of 2013, and the two are planning to eventually extend the service to Spring's 4G LTE network. NetZero- (More info...)

posted on Wednesday, January 15, 2014(Full story)

Insights: Why UBER Matters, A LOT
For today's Insights and Opinions article, where we regularly share the thoughts and observations of Southern California's high tech movers and shakers, we have an article from Ivan Nikkhoo of Siemer & Associates.

"Underlying most arguments against the free market is a lack of belief in freedom itself." - Milton Friedman

I was recently at the Le Web conference in Paris where Travis Kalanick, the Cofounder and CEO of Uber was one of the speakers. It is ironic that the idea for Uber was (More info...)

posted on Wednesday, January 15, 2014(Full story)

Qualcomm Ventures Kicks Off Startup Competition
San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has kicked off its annual venture competition, the QPrize, dangling seven $100,000 regional prizes and a $150,000 grand prize. Qualcomm's competition looks to identify the most promising, early-stage technology companies relevant to its business from across the globe. This year, Qualcomm said it will award $100,000 each to the top companies in China, Europe, India, Israel, Korea, Latin America and North America, with one (More info...)

posted on Wednesday, January 15, 2014(Full story)

Zingle Ramps Texting Service For Hotels
In a world where consumers use texting more than they actually talk to someone on the phone, businesses have been notably slow to communicate via texting with their customers. To solve that, a San Diego startup, Zingle says it has been offering up a service to help connect businesses with their customers via texting -- starting with the hotel industry. According to Zingle, its text-messaging "concierge" product, which helps hotels communicate directly with their customers via texting. The compan (More info...)

posted on Wednesday, January 15, 2014(Full story)

Cornerstone OnDemand Ties With Workday
Santa Monica-based Cornerstone OnDemand announced this morning that it has integrated its cloud-based talent management software with Workday, the cloud-based human resources and finance provider. The company said that the two cloud-based products are directly integrated, so that information in Cornerstone OnDemand's software is synchronized with worker history and talent profile in Workday. The companies said they have a number of organizations using the integration.

posted on Wednesday, January 15, 2014(Full story)

MRV Wins Data Center Operator
Chatsworth-based MRV Communications, which provides optical networking equipment, reported a win with a Sabey Data Centers this week. MRV said that Sabey has selected its optical transport platform for a data center in New York City. Financial impact of the win was not announced. MRV said that Sabey is using its OptiDriver products to connect a new data center with two other data centers it owns in New York.

posted on Wednesday, January 15, 2014(Full story)

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