Wednesday, January 21, 2015
APPLICATIONS NOW OPEN! EY Entrepreneur Of The Year 2015 Awards Program
Get recognized for your achievements or nominate a deserving entrepreneur
for the 2015 EY Entrepreneur Of The Year Awards Program in Greater Los
Angeles! Recognized globally in 145 cities and 60 countries, the award
honors the most outstanding entrepreneurs who inspire others with their
vision, leadership and achievement.

Application and other program information is available on our website: Submission deadline is Friday, March 6,

Click here: to watch a short video with feedback
from finalists and winners from the 2014 Awards. Winners included
Curacao, EdgeCast Networks, ENI-JR286, Fuhu, Inc., The Honest Company,
Prodege LLC/Swagbucks, and TrueCar Inc.

Please mark your calendars today for the Greater Los Angeles EOY Awards
Gala on Tuesday, June 16, 2015 at the Beverly Hilton Hotel. We're looking
forward to celebrating another group of exceptional entrepreneurs who not
only create and build market-leading businesses, but also help take the
standard of excellence to new heights, transform the face of industry,
create jobs and contribute to the vibrancy in our Greater Los Angeles

QUESTIONS? Please contact Ashley Evans at or +1 213
240 7096.

HireRight Names CFO
Irvine-based HireRight, the software-enabled provider of employment screening, drug, and health testing services, said Wednesday that it has named Thomas Spaeth as the company's Chief Financial Officer. Spaeth was previously CFO at UBM Technology, and has also served at Motorola, Ernst & Young, and Deutsche Bank. The company said Spaeth has more than 20 years of experience in the corporate finance area.

posted on Wednesday, January 21, 2015(Full story)

MomentFeed's New Service Aimed At Local Marketing For Brands
Santa Monica-based MomentFeed, the developer of analytics software used to help retailers understand the link between their retail locations and mobile consumers, said this week that it has rolled out a new offering called LocalVoice Community Management. MomentFeed said the new service helps brands by offering up localized published to Facebook, Google+, and Foursquare, along with a dedicated, community manager. The startup said the new offering is aimed at brands who do not have internal resou (More info...)

posted on Wednesday, January 21, 2015(Full story)

Qualcomm Backs Ravello For Virtualization Software
San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems, Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners. Ravello is based in Palo Alto. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS).

posted on Wednesday, January 21, 2015 (More)(Full story)

FreedomPop Opens National Wi-Fi Hotspot Network
Los Angeles-based FreedomPop unveiled a new effort today to offer up Wi-Fi service nationwide, through a network of 10 million hotspots. The free, mobile data operator said it will offer up its unlimited SMS, voice, and Wifi data plat for $5 a month. FreedomPop is not building out its own Wi-Fi network, but has tapped a number of un-named partners to help power the new service. FreedomPop offers up a "freemium" style, phone service which heavily leverages 4G data services from Sprint.

posted on Wednesday, January 21, 2015(Full story)

BlackLine Tops 1,000 Clients
Los Angeles-based BlackLine, the developer of financial close and other related software, reported today that it has just passed 1,000 clients. BlackLine's software is used by both mid-sized and enterprise companies to manage their finance and accounting. BlackLine said that some of its newest customers include Agilent Technologies, Eventbrite, Fender Musical Instruments, GoDaddy and Serta Simmons Bedding.

posted on Wednesday, January 21, 2015(Full story)

KFx Medical's $35M Patent Award Upheld
San Diego-based KFx Medical, which is venture backed by Alloy Ventures, Charter Life Sciences, Arboretum Ventures, Montreux Equity Partners, and MB Venture Partners, said today that it has had a $35M patent infringement judgement upheld in appeal. The company had filed and won a patent infringement suit against Arthrex, which had appealed the award. KFx Medical had won the court case against Arthrex in 2013, having originally filed its patent lawsuit in 2011 KFx Medical said a the United States (More info...)

posted on Wednesday, January 21, 2015(Full story)

Zadara Storage Expands Into Germany
Irvine-based Zadara Storage, which offers up enterprise storage-as-a-service, said Tuesday that it has expanded into Germany, with the addition a new location. Zadara said the expansion comes via both Amazon Web Services and Equinix, through a Frankfurt location. Zadara offers up a cloud-based, enterprise storage service which combines on-site hardware with web-based storage, making it easier for enterprises to add and expand their storage without having to install their own storage arrays. The (More info...)

posted on Wednesday, January 21, 2015(Full story)

OpenX Names EMEA Head
Los Angeles-based mobile and online advertising technology developer OpenX said this morning that it has named a new head of its operations in EMEA. According to the company, it has appointed Andrew Buckman as Managing Director, EMEA, based out of the company's London office. Buckman was previously Chief Operating Officer of Tradedoubler, which is in the performance marketing area. He also served at Yahoo. OpenX provides online and mobile ad serving and other related software.

posted on Wednesday, January 21, 2015(Full story)

DTS Powers Xbox One Audio For Starz
Calabasas-based audio processing and encoding technology provider DTS said this morning that it has inked a deal with Starz, where Starz will use its DTS-HD audio technology as part of a new service for the Xbox One. DTS said STARZ will use its technology for multi-channel, surround sound, for the STARZ PLAY, ENCORE PLAY, and MOVIEPLEX PLAY services on Microsoft's Xbox One. Financial impact of the win was not announced.

posted on Wednesday, January 21, 2015(Full story)

Recurring Revenue Conference - February 4th - Los Angeles
Presented by Clear Capital Advisors

The subscription model – generating a continuous stream of revenue from customers – is revolutionizing business. It's key to the success of companies like Salesforce, NetSuite, Amazon, Netflix and many others. How can recurring revenues reshape the future of your business? How is the move to the Cloud accelerating change? What are investors looking for?

Come hear the answers at the RECURRING REVENUE CONFERENCE, February 4, at the Luxe Sunset Boulevard Hotel, Los Angeles, 9am-5pm followed by a reception. Click here to watch a short video about the conference:

REGISTER and receive a 20% discount. Go to: and Register using PROMO CODE: SOCALTECH20.

Questions? Please contact Nancy Hammerman at:

USC Marshall's MS in Entrepreneurship and Innovation - Apply Now!
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