Monday, June 2, 2014
Apply For The Technology Fast 500 - DEADLINE June 27th!
2014 Technology Fast 500
Fast growing? Apply now!

Submit your application for Deloitte's 2014 Technology Fast 500, an
annual ranking 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.

Being recognized as a Technology Fast 500 winner has its benefits. It
provides increased visibility to investors, customers and employees
regarding your company’s fast growth and brand recognition through local,
national, global and social media exposure. Fast 500 award events provide
valued networking opportunities with your industry peers as well as a
reason to celebrate the team who made it possible.

Disney's Maker Studios Cuts Jobs
Maker Studios, the online YouTube content network which was recently acquired by Walt Disney, is cutting approximately 10 percent of its staff. The cuts were first reported by Variety. Maker Studios employs around 380 people. Disney said it would acquire Maker in March, in a deal that could be worth north of $900M.

posted on Monday, June 2, 2014(Full story)

Thatgamecompany Raises $7M
Los Angeles-based Thatgamecompany, a developer of computer games, has raised $7M in a funding round, the company said last week. The funding came from Capital Today, and also included Benchmark Capital and Kleiner Perkins Caufield & Byers. The company is as spinout of Sony Santa Monica Studio. The company says it is in the midst of developing "Journey", which is based on a series of titles of a similar nature ("Cloud", "flow", "Flower", "Journey") for the PlayStation 3.

posted on Monday, June 2, 2014 (More)(Full story)

Broadcom Seeks To Sell Cellular Broadband Business
Irvine-based Broadcom announced Monday that it is seeking "strategic alternatives" for its cellular baseband chip business. According to Broadcom, it has engaged investment banking firm JP Morgan on an effort, and plans to either sell or wind down that business. Broadcom said the move would help reduce its annualized GAAP research and development, and selling, general and administrative expenses by approximately $700M. The company said it is hoping to invest a portion of those costs into its Bro (More info...)

posted on Monday, June 2, 2014(Full story)

PayLease Finds Funding From Francisco Partners
San Diego-based PayLease, which provides online payments for the property management industry, has scored a round of private equity funding from Francisco Partners. Size of the investment was not announced. PayLease, which is led by Dave Dutch, lets multi-family, single family, HOA, and commercial property managers accept online payments. PayLease said its existing investor, Mainsale Partners--plus its founders and management--will continue to hold an ownership stake in the company. PayLease was (More info...)

posted on Monday, June 2, 2014 (More)(Full story)

Sente Secures $5M For Skincare Aesthetics
San Diego-based Sente, an aesthetics medicine company focused on skincare, said this morning that it has raised $5M in a Series C financing round. The funding was led by PharmaBio Investments, and also included existing and new, individual investors. The company said the funding will go towards expanding sales and marketing. Sente said it is working on a dermal repair cream formulated with low molecular weight heparan sulfate, which it says helps promote cell renewal, facilitates new collagen de (More info...)

posted on Monday, June 2, 2014 (More)(Full story)

Entrepreneurship In The LA Mayor's Office, With EIR Krisztina Holly
Last month, Los Angeles Mayor Eric Garcetti created a new program, aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. The new "Entrepreneur-in-Residence" program has appointed its first, two, EIRs--Krisztina "Z" Holly and Amir Tehrani.--both of whom are working on independent efforts in the area of bringing the city closer to entrepreneurs. We spoke with Kristztina "Z" Holly--most recently, Vice Provost for Innovation at USC--about what Mayor Garcetti's EIR program is all a (More info...)

posted on Monday, June 2, 2014(Full story)

MOG Shuts Doors, Users Finally Shifted To Beats Music
Online music service MOG, the online music streaming service acquired by Beats Electronics two years ago to form the basis of its new Beats Music streaming audio service, has finally shut down, and redirected all of its users to Beats Music. Beats Electronics had purchased MOG back in July of 2012, as its was ramping up its efforts to create its own, streaming music service--the service which eventually became Beats Music. Beats apparently got quite a bargain for MOG, paying merely $14M for the (More info...)

posted on Monday, June 2, 2014(Full story)

Upfront Backs Grove Labs For One-Touch Farming Appliances
Los Angeles-based venture investment firm Upront Ventures is the lead investor in Grove Labs, a startup developing automated, smartphone-controlled appliances which automatically grow food for consumers at the touch of a button. According to Grove Labs, it raised $2M in its seed funding round, led by Upfront Ventures, and which also included Gary Vaynerchuck via his fund, Vayner RSE, Felicis Ventures, Galvanize VC, and Tim Ferriss. Upfront's investment in Grove Labs was led by Yves Sisteron. Gro (More info...)

posted on Monday, June 2, 2014 (More)(Full story)

Kite Pharma Names New R&D Head
Santa Monica-based biopharmaceuticals firm Kite Pharma, which is developing products for the treatment of cancer, said today that it has named David D. Chang, M.D., Ph.D., as its new Executive Vice President, Research and Development, and Chief Medical Officer. Chang was most recently at Amgen, serving as Vice President of Global Development and Head of Hematology-Oncology. Chang had been at Amgen since 2002, and previously had been associate professor of medicine and of microbiology, immunology (More info...)

posted on Monday, June 2, 2014(Full story)

OneRoof Energy Launches Bundled Energy Program
San Diego-based solar leasing provider OneRoof Energy is taking a new angle on the solar installation and leasing market in Massachusetts, one of the new markets the company has recently expanded into, by bundling solar power service and its solar leases. OneRoof Energy said it has partnered with Choose Energy to bundle residual energy usage--worth up to $2,000 for the first 24 months--when Massachusetts homeowners install solar energy on their homes using OneRoof's solar leases. OneRoof said th (More info...)

posted on Monday, June 2, 2014(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

SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine. 805-230-1350

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.

Advertisement - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Stubbs Alderton & Markiles, LLP Expands Santa Monica Office
Stubbs Alderton & Markiles, LLP, Southern California’s leading business law firm, has announced the expansion of its Santa Monica office at 1453 3rd Street Promenade, Santa Monica, CA. This office is located on the corner of Third Street Promenade and Broadway Boulevard. The growth of the Firm and its Preccelerator Program has provided the opportunity for this expansion. The new office opening makes an inspiring statement about the support and involvement that Stubbs Alderton will continue to contribute to the Silicon Beach marketplace. - See more at:

Early Stage Commercial Insurance - Pacific Unified Insurance Agency
We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.


John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454

Sponsored By


Recent Interviews

Browse Issues