Tuesday, December 15, 2015
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

Pinkberry, Backed By Venture Investors, Acquired By Kahala Brands
Los Angeles-based frozen yogurt chain Pinkberry--which is backed by venture investors--has been sold to Arizona quick serve restaurant operator Kahala Brands. Financial details of the deal were not disclosed. Pinkberry is one of the few, unusual retailers backed by venture capitalists, having previously raised funding from Maveron (the venture firm co-founded by Starbucks founder Howard Schultz), along with Ram Shiram of Sherpalo Ventures and Highland Consumer Partners. The yogurt chain is led b (More info...)

posted on Tuesday, December 15, 2015(Full story)

GameSalad Rolls Out New Tools To Help Aspiring Game Developers
Wish you could design and develop your own mobile games, but don't know how to write software? No problem! Los Angeles- and Austin-based GameSalad, a developer of tools which make it easy to create real, world class mobile apps and desktop games, said it is looking to help aspiring hobbyists to become full fledged game developers, with a new effort called GameSalad Academy. GameSalad Academy features a long lineup of tutorials and learning tools specifically aimed at helping to take users from c (More info...)

posted on Tuesday, December 15, 2015(Full story)

Cogent Road Acquired By Chronos Solutions
San Diego-based Cogent Road, a developer of software used by mortgage lenders for a wide range of credit report, valuation, and underwriting tools, has been acquired by Texas-based Chronos Solutions. Financial terms of the buy were not disclosed. Cogent Road was founded by William DiPaolo and Alan Baia in 2002. Chronos was advised by Holland & Knight LLP; Cogent Road was advised by Stinson Leonard Street LLP and Berkery Noyes. Chronos Solutions said it will use the acquisition to bolster its sui (More info...)

posted on Tuesday, December 15, 2015(Full story)

XPrize Launches New $7M Ocean Prize, The Shell Ocean Discovery XPrize
The XPrize organization, the group which runs prizes to spur big advances in technology to help advance solutions to big, world issues, has launched a brand new prize, focused on the ocean. The Culver City-based group said the new Shell Ocean Discovery XPRIZE will award $7M to advance ocean technologies for rapid and unmanned ocean exploration. The new, three year long effort will challenge teams to create a map of the ocean seafloor; produce high resolution images of objects underwater; and pro (More info...)

posted on Tuesday, December 15, 2015(Full story)

Qualcomm: No Changes After Strategic Review
San Diego-based Qualcomm says that its board of directors has decided to stay the course, and will make no change to the company's corporate and financial structure, after a strategic review by a special committee of its board. Qualcomm said that review, where it was assisted by independent advisors, concluded that the current structure "best positions Qualcomm to maintain its technology leadership and product strength, so as to drive the greatest long-term stockholder value." Qualcomm had launc (More info...)

posted on Tuesday, December 15, 2015(Full story)

Legend VR, Littlstar Team On Virtual Reality Tools
Los Angeles-based 3D special effects studio and virtual reality content developer Legend VR--which is part of Legend3D--and content distribution provider Littlestar are in a deal to work together on building production and post-production tools for VR. The two said they will combine Legend's 3D pipeline for content and Littlestar's VR network technology, to build tools aimed at helping studios, brands, and social stars get into virtual reality. Financial details of the partnership were not annou (More info...)

posted on Tuesday, December 15, 2015(Full story)

Mojix Sets CFO
Loss Angeles-based wireless RFID technology developer Mojix said this morning that it has named Carey Tokirio as its Chief Financial Officer. Tokirio was most recently CFO, SVP, and Corporate Secretary at Apriso Corporation. Tokorio previously served at Critical Path and QAD. Mojix said Tokirio served a significant role in the acquisition of Apriso by Dassault Systems.

posted on Tuesday, December 15, 2015(Full story)

Velocify Names New Marketing VP
Los Angeles-based sales lead management software developer Velocify has named Matt Reid as the company's new Vice President of Marketing, the firm said Monday. Reid was most recently Chief Marketing Officer at Procore Technologies, and also previously served at OpenX, Eucalyptus Systems, and Citrix, working on that firm's GoToMeeting and GoToWebinar products. Velocify said Reid will head up corporate marketing, product marketing, market research, demand generation, and sales development.

posted on Tuesday, December 15, 2015(Full story)

Cornerstone OnDemand Wins Hitachi
Santa Monica-based talent and human resource management provider Cornerstone OnDemand has scored a win with Hitachi, Ltd., and will supply learning an development programs to Hitachi's 350,000 employees. Cornerstone OnDemand did not detail the financial impact of the big win, but said its cloud-based software will be used across nearly 1,000 group companies owned by Hitachi. Hitachi has a wide range of companies ranging from power and infrastructure systems, information and telecommunication sys (More info...)

posted on Tuesday, December 15, 2015(Full story)

SVB’s Innovation Economy Outlook survey - let your voice be heard!
Share your views on the global teach economy – Each year, Silicon Valley
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Stradling, Attorneys At Law (http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms.

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
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John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454

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 http://www.safirepartners.com/. We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at tg@safire.la.

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