Monday, August 25, 2014
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NewEgg Launches Same Day Delivery In LA
City of Industry-based online retailer Newegg said Monday that it has begun testing same-day delivery in Los Angeles, allowing consumers to order electronics and other items from the company by 11 a.m., for delivery before 6 p.m. NewEgg said that it will start delivery in "select communities" in the Los Angeles metropolitan area. According to NewEgg, if the same day delivery goes well, it plans to expand the service into new delivery areas. The company said it added the new service because same (More info...)

posted on Monday, August 25, 2014(Full story)

Lastline Gets $10M For Malware Protection
Lastline, a developer of cybersecurity software for malware defense, which has its research and development headquarters in Goleta, has raised $10M more in funding. According to Lastline, the funding came from Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and Lastline was founded by Engin Kirda, Christopher Kruegel, and Giovanni Vigna, three U.C. Santa Barbara computer science researchers. The company says it has now raised $24M in funding.

posted on Monday, August 25, 2014 (More)(Full story)

MRV Names New CFO
Chatsworth-based MRV Communications, the developer of optical networking hardware, said today that it has named Mark J. Bonney as the company's Executive Vice President and Chief Financial Officer. Bonney has been a director of the company since April of 2013, and replaces current CFO Stephen Garcia. Bonney has previously been at ON Board Advisors, Direct Brands Inc., American Bank Note Holographics Inc., Axsys Technologies, and Zygo Corporation, among other companies. Bonney will continue to ho (More info...)

posted on Monday, August 25, 2014(Full story)

Zao Acquired By Amris
Los Angeles-based Zao, a developer social referral software for finding employees, has been acquired by London-based Amris, which is owned by The Internet Corporation Limited. Financial terms of the buy were not disclosed. Zao develops a platform which helps reward a company's employees for finding new recruits for a company, automating hiring referrals via social media such as Facebook and LinkedIn. Amris said it will use the buy to bolster its eRecruitment platform.

posted on Monday, August 25, 2014(Full story)

Accruent Buys Two Companies
Real estate and facilities management software developer Accruent, which has operations in Santa Monica, said today that it has acquired two software companies, Four Rivers Software Systems, and SiteFM, both developers of healthcare facilities management software. Financial terms fo the buy were not disclosed. Accruent--which is led by Mark Friedman--said the buy will help the company enter the healthcare industry. Four Rivers Software Systems was based in Pittsburgh, PA; SiteFM was based in Aus (More info...)

posted on Monday, August 25, 2014(Full story)

Ixia Gets Delisting Warning
Calabasas-based network testing equipment maker Ixia reported late Friday that it has received another warning from the NASDAQ Stock Market, notifying the company that it does not comply with Nasdaq Listings Rules. The firm--which was expecting the warning--has been working through late filing of its quarterly report. The company said the Nasdaq warning says its delay in filing its 2014 Second Quarter Form 10-Q is an additoinal basis for potential deslisting of the company's common stock. Ixia s (More info...)

posted on Monday, August 25, 2014(Full story)

GoCoin Adds Email, SMS Billing
Santa Monica-based GoCoin, the Bitcoin payment software developer headed by Steve Beauregard, said last week that it has added a new feature which lets merchants bill customers via email and SMS. GoCoin said the new feature makes it easier for merchants to accept digital currency payments from customers. The new feature allows merchants to request BitCoin and other digital currency payments via either an email or text, directly from a dashboard or an API. GoCoin's software and services help e-co (More info...)

posted on Monday, August 25, 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

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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.

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!

Key Information Systems
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To learn more about Key Information Systems, Inc. or KeyCloud, visit or contact Chris Ticknor at Key Information Systems, Inc.,
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