Wednesday, June 17, 2015
Don't Miss Silicon Beach Fest - June 24-27th! is a returning media partner for Silicon Beach Fest, this June 24-27 at the new Marina Del Rey Hotel. Silicon Beach Fest is LA's biggest tech startup entertainment fest, with startup CEOs, investors, Hollywood executives on panels, startup showcase, and several networking events. Get 20% off Full, Thurs only or Friday only passes with our SoCal Tech discount code SBFSOCALTECH20 at Raises $5.3M For Video Recommendation APIs
Los Angeles-based has raised $5.3M in a Series A funding, the startup disclosed Wednesday, for its development of a personalized video recommendation API and software toolkit. The funding came from Sierra Wasatch, BDMI, Progress Ventures, Allen DeBevoise (Mahinima), James Barge (Lions Gate), and others. The startup, led by Field Garthwaite, offers up its technology to video publishers, such as online entertainment, news, and sports sites, to better personalize the videos presented to vie (More info...)

posted on Wednesday, June 17, 2015(Full story)

Cynvenio Biosystems Finds $25.5M More For Cancer Diagnostics
Westlake Village-based Cynvenio Biosystems said Wednesday that it has raised $25.5M in a Series B funding round. The developer of life sciences equipment, used to profile cancer cells circulating in whole blood, came from Livzon Pharmaceutical Group, along with Greenwoods Private Equity Funds and Syno Capital. Cynvenio is led by Andre de Fusco. Cynvenio said the deal includes an agreement o set up a Chinese joint venture with Livzon Pharmaceutical Group.

posted on Wednesday, June 17, 2015 (More)(Full story)

Evite: We've Sent 2 Billion Invitations
Los Angeles-based digital invitations service Evite, which is owned by Liberty Interactive, said it has just send out its 2 billionth event invitation, which is says is a major milestone for the company. As a celebration of the 2 billionth event invitation, the company said it sprung a surprise party for the host of that event, a mother in Northern California, ramping up the event with a $25,000 party featuring carnival tents and performers, midway games, photo booth, catered lunch, and much, mu (More info...)

posted on Wednesday, June 17, 2015(Full story)

KYTHERA Biopharmaceuticals Acquired By Allergan For $2.1 Billion
Westlake Vilage-based KYTHERA Biopharmaceuticals, the developer of aesthetic medicine products, is being acquired by Allergan in a deal worth $2.1 billion, the two companies said this morning. Allergan said it will pay $75 per KYTHERA share, split between 80 percent in cash and 20 percent in Allergan shares. Kythera is focused on the discovery, development and commercialization of novel prescription products for the aesthetic medicine market. The company's lead product is used to treat double ch (More info...)

posted on Wednesday, June 17, 2015(Full story)

REC Solar Buys Stellar Energy
San Luis Obispo-based REC Solar has acquired solar provider Stellar Energy, in an asset purchase, the company announced this morning. Financial details of the acquisition were not disclosed. According to REC Solar, the move will help it expand in the commercial business market. Stellar Energy had provided solar power systems exclusively to commercial businesses. In addition, REC Solar said that the deal adds more than 60 megawatts from 62 solar projects into its portfolio. REC Solar is led by A (More info...)

posted on Wednesday, June 17, 2015(Full story)

FreedomPop Gets $30M More, Skips M&A
Los Angeles-based free broadband service FreedomPop said this morning that it has raised $30M more in new financing, which it says will go to accelerate its growth in the U.S., and expand its free mobile service. The funding was led by Partech Ventures, and also included DCM Capital and Mangrove Capital. Mark Menell of Partech joins the company's board with the funding. FreedomPop also said it is adding a new strategic investor, which will be announced separately. FreedomPop, is led by Stephen (More info...)

posted on Wednesday, June 17, 2015(Full story)

Triton Digital Signs Emmis Radio
Los Angeles-based Triton Digital, a provider of services to help radio stations and others stream digital audio and insert ads into their audio content, reported a win Tuesday with Emmis Radio. Financial impact of the win were not disclosed. Triton Digital says its technology will go towards monetizing content across 19 Fm and 4 AM radio stations owned by Emmis Radio. Triton Digital was recently acquired by Vector Capital.

posted on Wednesday, June 17, 2015(Full story)

New Q1 2015 Money Tree Results!
Get the latest Q1 2015 PwC SoCal MoneyTree Report

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 Q1 2015
Southern California venture deals, in its Shaking The MoneyTree
presentation and update from HJ Paik, Director, Emerging Company Services

Download it today for free!

KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County
Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, has announced the launch of its dedicated fiber ring built in partnership with Wilcon, the premier West Coast provider of private fiber optic networks. The KeyInfo fiber ring brings high-speed, private connectivity to businesses in Los Angeles and Ventura Counties. Because of its characteristic high security, fiber is an ideal choice for industries with highly regulated or sensitive data requirements. Organizations in the healthcare, financial, retail and government verticals can depend on Wilcon’s absolute physical layer security to protect the data in transit.

For more information about the KeyInfo fiber ring, please visit our website at:

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

Advertisement - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Sponsored By


Recent Interviews

Browse Issues