Wednesday, October 29, 2014
Ecommerce: Latest Trends and Dynamics, November 19th, Beverly Hills
Join ACGLA for a complimentary evening event for corporate executives!

Wednesday, November 19, 5:00PM Montage Beverly Hills

This world class panel, consisting of the leaders in eCommerce, will discuss the latest trends, valuation parameters, and developments in eCommerce.

Topics will include:
- Middlemarket opportunities
- Trends
- Industry landscape
- Opportunities in Los Angeles
- Valuation trends and key paramters
- M&A Outlook
- Capital sources and uses

Panel includes: David Weissman, Dermastore; John Suh, LegalZoom; Rick Smith, Crosscut Ventures; Brad Meadow, Yandy; Mark Douglas, Steelhouse. Moderated by Ivan Nikhoo, Siemre & Associates.

Register today!

Sientra Up In IPO Trading
Santa Barbara-based Sientra, a developer of aethetic medicine implants, rose in its IPO on Wednesday, trading as high as $17.90 during morning trading. The company priced last night at $15 per share, selling 5 million shares of its common stock on the NASDAQ as SIEN. The company had priced at the midpoint of its initial estimated IPO range of $14.00 to $16.00 last night. Sientra was venture backed by OrbiMed, Clarus Ventures, Abingworth MAanagement, Goldman Sachs, and TIAA-CREF, among others. Si (More info...)

posted on Wednesday, October 29, 2014(Full story)

Amgen Plans To Cut 1100 More
The news for employees over at Thousand Oaks-based Amgen got worse on Tuesday, after the company said it is deepening job cuts, and plans to now cut 20 percent of its employees as part of previously announced cutbacks at the company. Amgen--which originally planned to cut around 15 percent of its staff--said in a regulatory filing Tuesday it will reduce staffing by approximately 600 to 1,100 positions in addition to the previously announced cuts. That will bring its total number of employee cuts (More info...)

posted on Wednesday, October 29, 2014(Full story)

SpaceX Thrust Into Critical Role After Competitor's Catastrophic Explosion
Hawthorne-based SpaceX has been thrust into a critical role with NASA, after a catastrophic launch failure and explosion in Virginia Tuesday evening. Orbital Sciences aborted the launch of its Antares rocket mission Tuesday evening, scattering pieces of its rocket across the night sky. The rocket had carried 5,000 pounds of experiments and equipment for the crew of the International Space Station. Both Orbital Sciences and SpaceX had been selected to help provide resupply services to the ISS by (More info...)

posted on Wednesday, October 29, 2014(Full story)

P.S. XO, Seedling Merge, Raise $7M For Children's Crafts, Toys
Los Angeles-based P.S. XO, the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling, and raised $7M in a funding round. The funding came from Upfront Ventures and Greycroft Partners. P.S. XO and Seedling both have offered a multi-channel, comprehensive strategy that brings crafts and toys not just to retail locations but also e-commerce. The companies are also heavily social, with a huge focus on postin (More info...)

posted on Wednesday, October 29, 2014(Full story)

weeSPIN Finds Funding For Social Networking App
Los Angeles-based weeSPIN announced late Tuesday that it has raised a seed investment round for its music-focused, social networking app. weeSPIN is led by Darius Fong, and offers up an app with a collaborative playlist and connects to streaming music services like Soundcloud and Spotify. Source and size of the seed funding were not announced by he company, however, the company said its advisors and investors include Kevin Fong (formerly of Mayfield Fund), Kelli Richards (formerly of Apple), and (More info...)

posted on Wednesday, October 29, 2014 (More)(Full story)

Taco Bell Launches Mobile Ordering, Payment App
Irvine-based quick serve restaurant chain Taco Bell said Tuesday that it has launched mobile ordering and payment -- thanks to technology from Los Angeles-based Tillster. Taco Bell said it will let users order and pay for food at the restaurant using either a new iOS or Android mobile ordering app. Taco Bell said its new app lets users custom order ingredients and pay for orders, which can be picked up through drive through or a separate line within the store. Much of the functionality of the ne (More info...)

posted on Wednesday, October 29, 2014(Full story)

TYLT Rolls Out Wireless Car Charging Mount
Los Angeles-based electronics accessory maker TYLT has rolled out a pair of new wireless charging product Tuesday. Those products include a wireless car charging mount, which combines wireless charging with a place to put your smartphone or tablet while driving, and a standalone wireless charging pad called the VU SOLO. TYLT's VU Wireless Charging Car Mount is a car mount which supports up to 5.7 inch displays and also includes a built in, wireless charging pad with support for the Qi wireless c (More info...)

posted on Wednesday, October 29, 2014(Full story)

iRise Offers Up Software To Local Universities
El Segundo-based iRise, which develops enterprise visualization software used by companies for developing their internal applications, said yesterday that it has started offering up its software to students at two local universities. iRise said it will provide software licenses to students at California State University, Fullerton (CSUF) and California State Polytechnic University, Pomona (CPP), via those schools' graphic design and arts departments. iRise said those students will not only use t (More info...)

posted on Wednesday, October 29, 2014(Full story)

La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator
Local branding agency launches a new design-centric accelerator program.
We help you streamline the launch of your startup by offering world-class branding, product strategy, user-experience design, rapid-prototyping technology, mentorship, and access to early stage investment all under one roof! Contact us to setup a meet and greet today.

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Linkedin Profile:

Stradling, Attorneys At Law (

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms.

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.

Learn 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

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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