Thursday, July 24, 2014
TechCXO Los Angeles - Professional Services for Technology Companies
TechCXO is a professional services firm that provides experienced,
C-Suite professionals to deliver strategic and functional consulting
services for technology companies. We answer your critical issues
around obtaining capital, increasing revenue, entering new markets and
improving margins. TechCXO partners combine practical experience,
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For TechCXO Los Angeles, please contact:

Paul Meyer, Managing Partner – Finance & Operations
(805) 535-5245

Daniel Nannenga, Partner, Finance – Operations and Technology
(424)903-6030 Launches New iPad App
Los Angeles-based, which runs an online art and photography marketplace which delivers framed prints, canvas, greeting cards, and other products to consumers, said this week that it has launched a new iPad App. The company said that the free app lets users browse artwork, and even lets users preview what those images would look like on the walls of their homes., which is led by Sean Broihier, allows photographers and artists to upload and offer up their artwork to consumers (More info...)

posted on Thursday, July 24, 2014(Full story)

Fullscreen In Talks To Sell Itself To Otter Media, Says Report
Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media, the joint venture between AT&T and The Chernin Group, according to reports. The deal is reportedly worth between $200M and $300M. The Chernin Group is already part owner of Fullscreen, having backed the company in prior venture rounds. Fullscreen is led by George Strompolos. Fullscreen's other backers are Comcast Ventures and WPP.

posted on Thursday, July 24, 2014(Full story)

Pipeliner CRM's Nikolaus Kimla On Moving to LA, Sales Entrepreneurship

Southern California has a growing number of companies in the customer relationship management area, including a fairly new company in the area, Pipeliner CRM ( The company--which originally started in Austria--set up shop here two years ago to further expand its footprint in the US, and most recently hired away the entire Los Angeles marketing team of crosstown CRM software developer Nimble. We spoke with Nikolaus Kimla, the CEO of Pipeliner CRM, to learn more about the (More info...)

posted on Thursday, July 24, 2014(Full story)

Simulations Plus Acquires Cognigen
Lancaster-based Simulations Plus, which develops simulation and modeling software for the pharmaceuticals industry, said late Wednesday night that it has acquired Cognigen Corporation, a provider of clinical trial data analysis software. Simulations Plus said it will pay $7M for Cognigen, split between $2.8M in cash and $4.2M in stock.
Cognigen will become a wholly owned subsidiary of Simulations Plus, and continue to operate under its own name. Simulations Plus was advised by Excel Partners i (More info...)

posted on Thursday, July 24, 2014(Full story)

Qualcomm Launches $150M Venture Fund In China
San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm said the new fund--being managed by Qualcomm Ventures, its venture capital arm--will invest in companies in the area of the Internet, e-commerce, semiconductors,and education and health. Qualcomm says it has been investing in China for more than 10 years.

posted on Thursday, July 24, 2014(Full story)

Underground Solutions Raises $45M, Acquires Company
Poway-based Underground Solutions, Inc. (UGSI), a developer of water and wastewater infrastructure and technology, has raised $45M in a financing round, and acquired another company in the water industry. According to UGSI, it raised $30M in a Series C funding, with an option for an additional $15M in funding from Riverwood Capital. The company said it will use a portion of that funding to acquire water treatment technology developer Process Solutions, Inc., which is based in Campbell, Californi (More info...)

posted on Thursday, July 24, 2014 (More)(Full story)

DTS Wins Trio Of Brands For Play-Fi
Calabasas-based audio enhancement technology developer DTS said this morning that a trio of audio brands--McIntosh, Sonus Faber, and Wadia--have begun to use the company's Play-Fi wireless, whole home audio technology. DTS said the move comes thanks to a deal with audio systems and speaker developer Fine Sounds Group. Financial details of the win were not disclosed. Play-Fi is the whole home, audio technology that DTS is licensing to other companies, offering up multi-zone coordination from devi (More info...)

posted on Thursday, July 24, 2014(Full story)

RealD Names General Counsel
Los Angeles-based 3D technology developer RealD said Wednesday afternoon that it has named Vivian Yang as Executive Vice President and General Counsel. According to RealD, Yang will head up both the company's Legal and Human Resources departments. Yang was previously SVP and GEneral Counsel for CityGrid Media, and also served at Time Warner, eCompanies Wireless, Sony Pictures, and Latham & Watkins. RealD is a developer of 3D movie projection equipment and technology.

posted on Thursday, July 24, 2014(Full story)

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