Wednesday, February 25, 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.

Mavenlink Finds $19M For Project Management Tools
Irvine-based Mavenlink, the developer of business and project management software led by Ray Grainger, said Tuesday that it has raised $19M in a round of funding. The funding was split between $15M in equity, plus $4M in a credit facility. The equity investment was led by Carrick Capital Partners, and the credit facility came from Silicon Valley Bank. Mavenlink's business software is aimed at project management, particularly in the ares of marketing, IT services, software implementation, managem (More info...)

posted on Wednesday, February 25, 2015(Full story)

GoDaddy Selects NYSE For IPO Effort
GoDaddy, the parent of Los Angeles-based website hosting service MediaTemple, said in a regulatory filing late Tuesday that is has selected the NYSE for its IPO. GoDaddy said that it hopes to trade under the ticker symbol GDDY. GoDaddy filed for an IPO back in June. GoDaddy is backed by KKR, Silver Lake, and Technology Crossover Ventures. The company has significant operations in Los Angeles, largely due to the company's acquisition of Media Temple in 2013; GoDaddy's recent push into the small (More info...)

posted on Wednesday, February 25, 2015(Full story)

AdRev Hits $14.8M In Royalty Payouts
Los Angeles-based AdRev, the startup led by Ryan Born which provides digital rights management for music publishers on YouTube, says that it has just hit $14.8M in royalty payouts through its service. The company says it saw around 4.6 billion average views per month on the content it is managing. The royalty payments are nearly triple the $5 million in royalty payouts the company in 2013, and nearly ten times the $1.4M in royalty payouts the company had in 2012. AdRev's service identifies conte (More info...)

posted on Wednesday, February 25, 2015(Full story)

Rubicon Project Passes $100M Mark, Sees $125.3M In Yearly Revenues
Los Angeles-based online advertising technology developer Rubicon Project> has just passed the $100M mark, reporting yesterday that its 2014 year end revenues were $125.3M. The company said it is expecting 40 percent year-over-year revenue growth in 2015. The details came as the company released its fourth quarter results, where it reported net income of $1.4M on revenues of $41.8M for the quarter. Rubicon Project is led by Frank Addante, and helps online publishers optimize the advertising on t (More info...)

posted on Wednesday, February 25, 2015(Full story)

SpaceX Wins Two Satellite Launches From SES
Hawthorne, California-based SpaceX, the Los Angeles area rocket and spacecraft company, has scored two new launch agreements, this time with Luxembourg-based SES. SES said this morning that it has signed a deal for SpaceX to launch two satellites--SES-14 and SES-16/GovSat--‌into orbit in 2017. Financial impact of the deal was not announced. SES said both satellites will be launched using the Falcon 9. SES-14 iss a KU- and Ka-band satellite being used for video and data. SES-16/GovSat is a (More info...)

posted on Wednesday, February 25, 2015(Full story)

Bitcentral Buys Fission Software
Newport Beach-based Bitcentral, a developer of software used in broadcast news production and automation, said it has acquired Fission Software, a developer of software used for master control automation in the media and broadcast industry. Financial details of the acquisition were not disclosed. Bitcentral is led by Fred Fourcher.

posted on Wednesday, February 25, 2015(Full story) Rolls Fingerprint Payment App
Santa Ana-based, the electronic payments startup led by Jack Bicer, said this morning that it has integrated the Apple Touch ID and Samsung's fingerprint recognition features into its mobile, online payment app. said it software now lets shoppers purchase items--using their fingerprint--instead of entering checkout forms or credit card numbers on e-commerce sites. is aiming at reducing consumer friction in e-commerce payments, by allowing users to use their fingerprint (More info...)

posted on Wednesday, February 25, 2015(Full story)

Kofax Wins Nearly $1.0M From Health Insurance Provider
Irvine-based Kofax>, the developer of software used for scanning and handling paperwork, reported a nearly $1M deal today. Kofax said that a large, un-named U.S. affordable health insurance provider has invested $945,000 in a set of Kofax software to handle medical claims processing. Kofax said the customer will use its products to automate the processing of more than 800,000 medical claims and related documents annually. Kofax said the sale was split between $550,000 in software licenses, and $ (More info...)

posted on Wednesday, February 25, 2015(Full story)

SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
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Strategy .

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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

In the United States, Deloitte LLP and its subsidiaries have 65,000 professionals with a single focus: Serving our clients and helping them solve their toughest problems. Ranking among the nationís leading professional services firms in audit, tax, consulting, and financial advisory services across more than 20 industries, Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. To learn more about Deloitte's capabilities, please visit or contact Kris Kaufmann, Partner at

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