Wednesday, October 14, 2015
Don't Miss Tonight's LAVA Meet the VC at the Beach Event!
LAVA Meet the VC at the Beach. Please join LAVA and its friends for the 7th annual LAVA at the Beach networking event at the Marion Davies House - Annenberg Community Beach House in Santa Monica. This networking event is for the Venture community in Southern California. In attendance will be Venture Capital Partners and Angel Investors for over 20 firms.

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Kythera Chops 117 Employees In Post Acquisition Layoff
In a blow to the biopharmaceuticals industry along the 101 corridor, Westlake Village-based aesthetic medicine developer Kythera Biopharmaceuticals disclosed on Tuesday that it is laying off 117 of its employees, just days after the consummation of a deal to be acquired by Allergan. The $2.1 billion cash acquisition of Kythera by Allergan closed on October 1st. The layoffs number to more than half of the company's pre-acquisition workforce, of around 200 employees earlier this year.

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Western Digital May Bid On SanDisk, Says Report
Irvine-based data storage developer Western Digital has been named as one of the companies potentially looking at a deal for flash memory maker SanDisk, according to a report late Tuesday. According to Bloomberg, SanDisk has hired investment bankers to find a buyer for the company. Western Digital--one of several companies potentially looking at SanDisk--reportedly has interest in SanDisk due to the importance of flash memory in a growing, flash-based storage market. Flash memory maker Micron is (More info...)

posted on Wednesday, October 14, 2015(Full story)

Illumina Puts More Funding Into 23AndMe
San Diego-based DNA sequencing equipment maker Illumina has joined in a new venture funding round for high profile, genetic testing startup 23andMe. 23andMe said this morning that it has raised $115M in a Series E funding round, which was led by Fidelity Management & Research Company, and also included Casdin Capital, WuXi Healthcare Ventures and Xfund, plus Illumina, New Enterprise Associates, MPM Capital, and Google Ventures. Illumina is a prior investor in 23andMe, which provides personalized (More info...)

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Ingram Micro Buys DOCdata
Irvine-based computer products distributor Ingram Micro announced this morning that it is buying European e-commerce fulfillment companies DOCdata Nederland B.V. and DOCdata International B.V., paying approximately $175M for the two related companies. Ingram Micro said that DOCdata is a leading European providers of order fulfilment, returns logistics and online payment services. Ingram Micro said the deal will add approximately $150M in annual services revenue to the company.

posted on Wednesday, October 14, 2015(Full story)

EDF Renewable Energy Puts Wind Farm Into Operation
San Diego-based renewable energy project developer EDF Renewable Energy said Tuesday that it has put a new wind farm, its Spinning Spur 3 Wind Project, into commercial operation ahead of schedule. The wind farm, located in Texas, is supplying electricity to two, municipal utilities, Georgetown Utility Systems and Garland Power & Light, both in Garland, Texas. EDF Renewable Energy said the new product will generate enough electricity to power approximately 58,200 homes. EDF Renewable Energy said (More info...)

posted on Wednesday, October 14, 2015(Full story)

Yuneec Rolls Out Point-and-Fly Drone
Drone aircraft manufacturer Yuneec, which recently set up its U.S. headquarters in Ontario, California, said Tuesday that it has launched a new product, the Typhoon Wizard, which allows users to "point and click" to fly their drones. The company said its new, ultra lightweight drone aircraft lets users fly the drone by simply pointing a handheld controller in the direction a user wants the drone to fly, and clicking some buttons. Yuneec says the new multicopter only requires one hand to operate. (More info...)

posted on Wednesday, October 14, 2015(Full story)

Radical.FM Launches $500 A Week Streaming Radio Contest
Venice, California-based Radical.FM, the Internet radio service led by Thomas McAlevey, is looking to ramp up the sharing of music streams from the service, with a $500 cash prize each week. According to Radical.FM, over the next four weeks, the company will give away $500 a week to users who share their music streams with others using its "RadCasting" feature, either via Facebook or Twitter. The user with the most "likes" will win the prize.

posted on Wednesday, October 14, 2015(Full story)

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

SAM Preccelerator:Technical Debt - The Silent Startup Killer 10/15
SAM Preccelerator Program Presents: Technical Debt - The Silent Startup Killer.

Taking out a loan or using your credit card offers short-term advantages in return for long-term costs -- debt and interest. Short term decision-making with software has equivalent consequences: 'get it done by Friday' often leads to bad code that will accrue interest by making all future tasks take longer. Programming teams are always under pressure to deliver quickly, so the effect is universal. The resulting 'technical debt' is just as deadly to your bottom line as financial debt, but isn't visible on any balance sheet and so is hard to manage well. Ignored or misunderstood by leadership, tech debt often progressively worsens until the software becomes unmanageable and the company fails. Learn how technical debt happens, the risks it poses to your company, and how to control and manage it. This talk is aimed more at a management audience than a technical audience.

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Leading Venture Capital Attorneys Frank Grant and Ryan Azlein Join Stradling
Stradling Yocca Carlson & Rauth, P.C. ("Stradling") has announced that venture capital attorneys, Frank Grant, and Ryan Azlein, join the Firm as shareholders and will lead the expansion of its Venture Capital, Start-Ups and Emerging Companies practice groups. They will be based out of Stradling’s Santa Monica office.

Prior to joining Stradling, Mr. Grant spent 10 years in Silicon Valley and 8 years in the LA market, most recently as Senior Counsel at Perkins Coie, where he advised early stage companies, entrepreneurs and investors. He’s also held corporate development and senior counsel positions at Nortel Networks and Kennedy Commercial.

Mr. Azlein has practiced in the LA market for over 15 years, most recently as Partner with Stubbs Alderton & Markiles and director of its Preccelerator Program. An active advisor to the Southern California emerging company and venture capital community, he is a regular speaker on venture capital and entrepreneurship. Mr. Azlein will also spend time in Stradling's Santa Barbara office.

To learn more, go to

Binary Pulse Technology Marketing
We produce and manage content-centric campaigns that enable our clients to connect with their prospects.

For nearly twenty years, California's industry-leading tech firms have turned to Binary Pulse for their demand-generating strategies and programs.

Our services include:
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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

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.

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