Thursday, August 21, 2014
Get the latest Q2 2014 PwC SoCal MoneyTree Report
NEW Q2 2014 Results!

Are you interested in understanding the latest trends in venture capital
investments in Southern California? Want to know how the region did in
terms of venture capital? PwC has just posted the results of the Q2 2014
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

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Insights: Two Things Every Entrepreneur Should Know

Today's Insights and Opinions article comes from longtime socalTECH reader Frank Addante--who recently took Rubicon Project public. He talks about his strategy for how to build a company: the 'find out' and the 'roll out'.

When you're looking to disrupt any industry—advertising, yogurt, VoIP technology, or whatever—begin with learning everything you can.
Who else is in the market? Do they have a solution? I have always forced myself to ask three very basic, but very important questions be (More info...)

posted on Thursday, August 21, 2014(Full story)

Nervana Nabs $3.3M For Machine Learning Hardware
San Diego-based Nervana System has raised $3.3M for its hardware-based, machine learning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., AME Cloud Ventures, and Fuel Capital. As part of the funding, Steve Jurvetson of DFJ will join the company's board of directors. Nervana is developing machine learning technology--including software and hardware--which is being targeted at a wide range of areas. The company also said it has added (More info...)

posted on Thursday, August 21, 2014 (More)(Full story)

Ez Texting Takes On Free Texting For Businesses
In today's mobile phone driven world, most consumers now take texting for granted. However, businesses have been notoriously behind the curve when it comes to using the communications medium for their customer outreach and marketing. In an effort to make it easier for businesses to tap into the popularity of texting, Ez Texting--part of Santa Monica-based CallFire--said this week that it has launched a free product which lets businesses send out everything from coupons, appointment reminders, bi (More info...)

posted on Thursday, August 21, 2014(Full story)

BookingPal Snags Execs from Mindspeed,
Irvine-based Bookingpal, which develops vacation rental distribution technology, has named a new COO and VP, the company said this week. According to the comapny, it has named Stephen Ananias as Chief Operating Officer and Brian Brown as Vice President of Business Development. Ananias was most recently SVP and CFO of Mindspeed Technologies, and also spent more than 11 years at Broadcom. Brown was most recently VP Business Development for and, and also served at Dominion Ent (More info...)

posted on Thursday, August 21, 2014(Full story)

Agent Ace Powers Service For U.S. News & World Report
Santa Monica-based real estate agent recommendation service Agent Ace, which is led by Mazen Fawaz, has scored a win with the U.S. News & World Report. The two companies said that Agent Ace is powering a new, consumer web portal, Best Agents, to help connect readers with real estate agents. Financial details of the deal were not disclosed. Agent Ace uses home sales history and other data points to help match home buyers and sellers with real estate agents.

posted on Thursday, August 21, 2014(Full story)

INSTEON Rolls Out At RadioShack
Irvine-based home automation and control technology provider INSTEON has rolled out its products at RadioShack's newly remodeled stores, the company reported this morning, as well as on RadioShack's online store. INSTEON said its home automation offerings are rolling out at all of RadioShack's 85 new "Interactive" remodeled stores, which feature a wall dedicated to home automation. INSTEON offers a line of home automation products, ranging from wireless motion sensors, to light dimmers, and othe (More info...)

posted on Thursday, August 21, 2014(Full story)

ViaSat Rolls Out Satellite Internet In Alaska, Hawaii, Florida
Carlsbad-based satellite and wireless technology and services developer ViaSat is rolling out its satellite Internet service in Alaska, Hawaii, and Florida, the firm said yesterday, in an expansion of the company's Exede high speed satellite service. According to ViaSat, its "virtually unlimited" satellite Internet service provides at least 150 GBs of monthly data, and is aimed at rural and remote areas that have limited Internet options. ViaSat offers up the plans at $69.99 a month via a promot (More info...)

posted on Thursday, August 21, 2014(Full story)

JMI Equity Raises $1 Billion Fund
San Diego-based private equity investor JMI Equity said Wednesday that it has closed on a new, $1 billion growth equity fund, JMI Equity Fund VIII. According to JMI, the new fund brings its total raised to over $3.1 billion since 1992. JMI Equity said the new funds will go towards investments in rapidly growing, high quality software businesses. The fund is the largest raised so far by JMI, the firm said, and most of the funds came from existing investors. JMI's prior investments include such co (More info...)

posted on Thursday, August 21, 2014(Full story)

Rubicon Project Wins Business Insider
Los Angeles-based online advertising technology provider Rubicon Project has signed up publisher the Business Insider, the company said yesterday, to power a private advertising exchange for the publication. Financial details of the win were not announced. According to Rubicon Project, it will provide advertising automation technology to power an advertising exchange for the Business Insider's premium desktop, mobile, and high impact ad inventory.

posted on Thursday, August 21, 2014(Full story)

PortTechEXPO | Wednesday, September 17, 2014
Crafted at the Port of Los Angeles | San Pedro, CA

The only maritime-oriented clean tech conference and exhibition on the
West Coast!

EXPLORE opportunities to bring innovative solutions to environmental
CONNECT with decision makers in the maritime business and public sectors
DISCOVER new technologies through live demonstrations and displays
UNDERSTAND the challenges of continued sustainable growth
MEET the leaders who influence technology deployment | #PortTechEXPO

SAM Congratulates Beats Music and Beats Electronics
Stubbs Alderton & Markiles, LLP would like to congratulate long time client Beats Electronics and Beats Music in their acquisition by Apple, Inc.

In addition to acting as Beats' counsel since its formation in 2008 by Dr. Dre and Jimmy Iovine, SAM was involved in the sale to Apple. Attorneys assisting in the acquisition transaction included Scott Galer, Gaurav Krishan and Mariam Tonya Karson.

For more information about our services, contact Heidi Hubbeling at or (310) 746-9803.

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,
comprehensive resources and best practices to deliver objective,
high-value results.

For TechCXO Los Angeles, please contact:

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

Daniel Nannenga, Partner, Finance – Operations and Technology

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

UK Trade & Investment (UKTI)
Part of the UK government’s commercial arm, UK Trade & Investment (UKTI) helps American companies bring their high-quality investment to the UK's dynamic economy, acknowledged as Europe's best place from which to succeed in global business. We also help UK-based companies succeed in the global economy. UKTI offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. Our team in the United States works to promote UK-US trade and investment through our offices at the British Embassy in Washington as well as the British Consulates General in Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York and San Francisco.

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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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