Monday, March 2, 2015
Key Information Systems
Key Information Systems, Inc. (KeyInfo) is a leading regional systems
integrator, with world-class compute, storage and networking solutions
and professional services for the most advanced software-defined data
centers. These competencies are tightly complimented by a full suite of
data center capabilities including private and hybrid cloud offerings,
connectivity services, colocation facilities and managed services.

To learn more about Key Information Systems, Inc. or KeyCloud, visit or contact Chris Ticknor at Key Information Systems, Inc.,
30077 Agoura Court, First Floor, Agoura Hills, CA 91301, USA, email or call 1.818.992.8950.

ReachLocal Names Two Executives
Woodland Hills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company's new Chief Strategy Officer, and Megan Opp as the company's new Chief People Officer. Maniar was most recently a venture capitalist at WPSChallenger, managing that fund's venture investments in North America; he also had been at EQAL (before the startup's acquisition by Everyday Health), and served at McKinsey and Company. Opp was previously Senior Vice President of Human Resourc (More info...)

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Tinder Looks For Revenue, Launches Tinder Plus
Los Angeles-based online dating app developer Tinder is looking to start generating some revenue with a new service it launched today, called Tinder Plus, which allows users to undo their rejections and also access other premium functions. The new premium service starts at $9.99 a month. Tinder said that users under 30 will pay $9.99 a month to be able to undo a swipe left, and will not be limited to the number of "likes" on the system. Users older than 30 will pay $19.99 for the new service. Ti (More info...)

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NextVR Includes Light Field Technology In 3D VR Technology
Laguna Beach-based NextVR, which is developing technology to capture 3D, broadcast-quality virtual reality, said today that it will be adding "light field" capture technology to its platform. Light field technology--allows for capture of more than just the usual visual information in a scene and allows for refocusing on elements in a scene after the fact. That technology was first brought to market by camera maker Lytro. NextVR said it will use its own patented light field technology in its 3D v (More info...)

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Pulse Electronics Acquired By Oaktree
San Diego-based Pulse Electronics said today that it is an agreement to be acquired by affiliates of Oaktree Capital Management. According to Pulse, Oaktree will invest $17.0M in Pulse, and pay $1.50 per share in cash for the publicly outstanding shares of Pulse, taking the company private. The new company will continue to be led by CEO Mark Twaalhoven. The take private deal comes seven months after Pulse pulled its stock from the New York Stock Exchange, on the verge of delisting, after its m (More info...)

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Rocket Lab Finds Funding For Small Satellite Delivery
Los Angeles- and New Zealand-based Rocket Lab, which says it is developing orbital vehicles for the delivery of small satellites into space, said it has raised a Series B financing round. Size of the funding was not announced. The Series B funding came from Bessemer Venture Partners, Khosla Ventures, the K1W1 investment fund, and Lockheed Martin. The company said it will use the funding to complete its launch system, which it plans to offer up for commercial launches as early as 2016. David Cowa (More info...)

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j2 Global Withdraws Carbonite Offer
Los Angeles-based j2 Global said early this morning that it has withdrawn its tender offer for Carbonite, after entering into a confidentiality agreement with the company. j2--which has been in the midst of a hostile takeover attempt of Carbonite since December--said that the agreement between the two companies includes a "standstill" provision which expires on June 30th, but that j2 will be nominating candidates for Carbonite's board.

posted on Monday, March 2, 2015(Full story)

PSI Services Finds Private Equity Funding
Burbank-based PSI Services, a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details of the funding were not disclosed. PSI is led by Stephen Tapp. The company said it offers up solutions to help measure, assess, and identify skills, certifications, and more of job seekers. The company said is provides pre-hire employment selection, manageria (More info...)

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TechCXO - Los Angeles
TechCXO is a professional services firm that provides experienced,
C-Suite professionals to deliver strategic and functional consulting
services for technology companies. We answer your critical issues
around obtaining capital, increasing revenue, entering new markets and
improving margins. TechCXO partners combine practical experience,
comprehensive resources and best practices to deliver objective,
high-value results.

For TechCXO Los Angeles, please contact:

Tim Noonan
Managing Partner, LA Region

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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