Thursday, November 13, 2014
Honor the socalTECH 50 On December 10th!
Join us on December 10th to help honor this year's socalTECH 50--and also
join the technology and digital industry's best holiday party of the year,
the Digital Family Reunion!

The SoCal tech scene continues to expand at an unprecedented rate. This
year, LA-based start-ups focused on branded content, apps, and big data,
and together raised more capital than any other city in the world after
Silicon Valley.

The demand for human capital continues to grow with more educational, job
force development and industry events supporting the expansion. There’s
plenty of reasons to celebrate the SoCal region. Please join us at the
Skirball Cultural Center on Wednesday, December 10!

Tickets are now available:


Qualcomm Backs Ineda Systems' Chips For Wearables
San Diego-based Qualcomm has made an investment into a company developing systems-on-a-chips and processors specifically for the wearables market, Ineda Systems. Ineda said that Qualcomm participated in a Series B funding, worth $19M, which was led by Cisco Investments, and also included Samsung Catalyst Fund and Imagination Technologies. Qualcomm apparently had also invested in the company's Series A funding. Ineda is based in Santa Clara. The company's flagship product is a "Wearable Processin (More info...)

posted on Thursday, November 13, 2014 (More)(Full story)

Scopely Secures $35M
Los Angeles-based Scopely, which is led by Walter Driver, has raised a big, $35M funding round, the company said this morning. The funding was led by Evolution Media Partners, the joint venture created by TPG Growth, Participant Media, and Evolution Media Capital and Highland Capital Partners, and also included Knoll Ventures, Greycroft, The Chernin Group, Sands Capital Ventures and Double M Capital. Scopely said it will use the funding to expand its entertainment network, its lineup of mobile g (More info...)

posted on Thursday, November 13, 2014(Full story)

Report: Funny Or Die Seeking Buyer
Los Angeles-based comedy website Funny or Die--started by Will Ferrell--is looking for a buyer, according to reports this week from Bloomberg. Funny or Die has hired financial advisor Moelis & Co. to help sell the company, according to the report, saying that the website is seeking $100 million to $300 million in the sale of the company. The move comes as there has been an increasing number of exits and deals in the content space, such as the acquisition last week of LA Youtube network StyleHau (More info...)

posted on Thursday, November 13, 2014(Full story)

Fuhu Tops Deloitte Fast 500 List
El Segundo-based Fuhu, the manufacturer of the popular children's Nabi tablet PC, ranked number 2 nationally in the annual Deloitte Fast 500 list, one of fifty four companies--or over 10 percent--from Southern California. The list ranks companies by five year revenue growth. According to the list, Fuhu had a growth rate of 67627% over five years. Other highly ranked local on the list included Phunware--with major operations in Newport Beach and San Diego--ranked at #4, with a 17716% five year r (More info...)

posted on Thursday, November 13, 2014(Full story)

FiveStars Expands In Los Angeles
Customer loyalty and marketing automation software developer FiveStars said this week that it is "aggressively" expanding in the Los Angeles market, after recently receiving a $26M funding round from Menlo Ventures, Lightspeed, DCM, Rogers and Y-Combinator. According to the company, it is aggressively hiring employees in Los Angeles, as it grows out its sales force. The company says it now has more than one million users in Los Angeles, which is the company's second largest market, after the Ba (More info...)

posted on Thursday, November 13, 2014(Full story)

New Q3 Money Tree Results!
Get the latest Q3 2014 PwC SoCal MoneyTree Report

NEW Q3 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 Q3 2014
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

Download it today for free!

Fetch Recruiting, Inc.
Fetch Recruiting, Inc. (
Technical Recruiting for LA based Startups and High-Growth Companies

NewCo Festivals - Launches November 19th!
Join me in welcoming NewCo Festivals to the neighborhood! On November 19th
NewCo, the FREE “unconference” comes to Los Angeles after a successful
run in eight other cities across the globe. NewCo is part studio-tour, part
conference and turns the standard business conference format on its head
by taking it out of the hotel ballroom and INSIDE the headquarters of
LA’s most innovative companies.

NewCo Los Angeles is an opportunity to get in the doors of companies such
as EpoxyTV, ZEFR, Participant Media, Steelhouse, Science Inc, NOVICA,
GumGum and others. This free business festival provides a unique
experience and an intimate look at what these companies are up to, a peek
at their innovative creations and insight into how they are positioned
for success. If you participate, you'll meet and network with other
like-minded individuals and be exposed to the new and different ways of thinking. Registration is free. Check out the full list of participating companies and register to attend here:

Apply for the Stubbs Alderton & Markiles Precellerator!
Stubbs Alderton & Markiles, LLP is one of the leading start-up law firms
in Southern California. We pioneered a fixed fee start-up package making
the formation and organization of your start-up as seamless as possible. Our Preccelerator Program is a new platform offered to select start-up companies out of our Santa Monica office that provides interim office space and sophisticated legal services, with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator Program provides free co-working space and other perks for 5-6 promising young startups.

We are now opening up applications for five new startups to join the
program. Apply now!

Sponsored By


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