Wednesday, July 2, 2014
Qualcomm Buys Wilocity
San Diego-based Qualcomm said Wednesday afternoon that it has acquired Wilocity, a developer of 60 Ghz wireless chipsets. According to Qualcomm, it will use the buy to bolster its technology and use of 60 Ghz wireless for the mobile, computing, and networking market. Wilocity develops chipsets for the 802.11ad standard (WiGig). In conjunction with the acquisition, Qualcomm said it is releasing a new set of tri-band platforms which combine Qualcomm Atheros Wi-Fi and WiGig solutions, and are based (More info...)

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Radical.FM Spins New Android App
Venice-based music service Radical.FM has rolled out a brand new Android app, saying Wednesday that the new app is commercial free, and has a catalog of 25 million songs. The company already hsa an iOS app which was released last year. Radical.FM says it compensates artists, composers, and labels for all the music streamed on the site using a "pay what you can" donation model. The startup is led by Tom McAlvey. The service heavily revolves around custom, human-curated playlists and channels.

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Drybar Raises $20M
Los Angeles-based hair chain Drybar--which just does "blowouts", those popular hairstyles that involve blow drying hair to achieve a specific look--recently raised $20M in a funding round. The funding came from SPK Capital, Castanea Partners, and angel investors Janet Gurwitch (Laura Mercier Cosmetics, Neiman Marcus), Ron Frasch (Saks Fifth Avenue, Bergdorf Goodman), and Paul Pressler (Gap, Walt Disney). The company said the new funding brings its total raised to more than $50M. The company said (More info...)

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Interlink Electronics Names Two To Board
Camarillo-based sensors and electronics developer Interlink Electronics has named two private equity and venture executives to its board, as part of an expansion of the group, the company said this morning. Interlink Electronics said it has added Angela Blatteis of the Gores Group, and Dr. Frank Levinson of Phoenix Venture Partners (PVP) to its board. Blattei is Ambassador and consultant to The Gores Group; Levinson is Venture Partner at PVP, and also serves as Managing Director of the Small Wor (More info...)

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Chumby Back From The Dead, Revives Apps
Remember the Chumby, the Internet-connected, alarm-clock-like device? Well, it's back, after new owner Blue Octy said that it has restored the Chumby service, after a year of rewriting the original service. Blue Octy is now charging $3 a month for access to the 1,000 or so apps available for the Chumby. Chumby had shut down in April of 2012, after the company ran out of funding support. Owners of Chumby devices had continued to have access to music and alarm clock functions on their devices, but (More info...)

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Ocean Aero Gets Investment From Teledyne For Ocean Robots
San Diego-based Ocean Aero, a developer of unmanned, autonomous marine vehicles, has scored funding from Thousand Oaks-based Teledyne, the companies said this morning. Financial terms of the investment were not disclosed. According to Teledyne, the investment also included a strategic partnership deal. Ocean Aero is designing the Submaran, an autonomous vehicle which can operate both on the surface and below the surface of the ocean. Those unmanned robotic vehicles--powered by wind and solar--ar (More info...)

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Factual Partners With Adelphic On Mobile Ad Targeting
Los Angeles-based data provider Factual said Tuesday that it has partnered with Adelphic, a provider of a mobile, demand-side advertising platform aimed at agencies and brands. According to Factual, Adelphic has integrated its Geopulse Audience and Geopulse Proximity products into its demand-side ad platform, to better target mobile ads based on a user's location. Financial details of the partnership were not disclosed. Factual explained that Adelphic is tapping into demographic information, geo (More info...)

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Jacobs Completes Federal Network Systems Acquisition
Pasadena-based Jacobs Engineering Group announced yesterday that it has completed its acquisition of Federal Network Systems (FNS), the Ashburn, Virginia systems integrator in the communications, information technology, and data security market. Financial terms of the buy were not announced. Jacobs said it has added more than 750 employees through the acquisition, which will enhance its capability in the intelligence community market.

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Pulse Electronics Gets NYSE Warning
San Diego-based Pulse Electronics reported late Tuesday that it has received a warning from the New York Stock Exchange, saying that the company is not in compliance with continued listing rules on the exchange. Pulse said that the company is below the NYSE minimum requirement for average total market capitalization over 30 consecutive trading days of greater than $50 million when its last reported shareholders' equity is less than $50 million. Pulse said it has 45 days to demonstrate the abilit (More info...)

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Marketing Bootcamp for Startups with Peter Mansfield - July 10th
Join Stubbs Alderton & Markiles, LLP
for this exclusive event!

Marketing Bootcamp for Startups with Peter Mansfield
Thursday, July 10th , 2014

**Food, Drinks & Networking Included!**

Great products and services don’t just deserve great marketing, they demand it! The 0 to 60 Marketing for Startups Bootcamp helps early stage companies cover the essentials in key areas including:
Building your brand
Setting up marketing processes
Boosting awareness and credibility
Lowering customer acquisition costs
Raising funding
Using real world examples, the bootcamp will equip entrepreneurs with practical tools and processes to build sustainable and targeted marketing programs.

Apply Today For NewCo's Inside-Out Conference
NewCo is the "inside out" conference model where attendees use the working city as the event space, and companies open their doors to welcome the community into their offices for a one­ hour tour, conversation, or informational session.

"NewCos" are companies that truly standout for their approach to business: NewCos are on a mission to effect real change in their chosen market, and they are leaders in creating workplaces that redefine traditional approaches to work.

We are looking for smart, innovative companies to apply to join Google, Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane, PUBLIC Bikes, Code for America, Hightail and many others.

NewCo is expanding to Los Angeles soon. If you are a part of a company that should be one of the Host Companies in 2014, please apply today!

How To Find Growth Capital – ACG 101 Panel July 9th - Westlake Village
If your company is on the fast track, you need money – capital – to fuel
its growth. Find out the different kinds of capital available to you, and
how you can access them, at the July 9th meeting of ACG 101.

Information and registration is at
Use the promo code "socaltech" for a $20 discount from the non-member rate.

Speakers include Chris Lewis, co-founder of the private equity firm
Riordan, Lewis & Haden Equity Partners; Hunter Stropp, co-president of
THL Credit; Bob Louk, senior vice president of Bank of America Merrill Lynch, and Charles Best, CFO of business software provider Blackline Systems. The moderator is David Bonrouhi, managing director of Calabasas Capital.

Location: Westlake Village Inn, 31943 Agoura Road, Westlake Village, CA.

Contact: or 805-285-0756.

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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