Friday, January 15, 2016
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

March Capital Backs VeloCloud In Series C Funding
Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks, as part of a new $27M funding round for that company. VeloCloud, which is based in Silicon Valley, said the new Series C funding was led by March Capital Partners, and also included Cisco Investments, New Enterprise Associates, and Venrock. VeloCloud develops software-defined, wide-area-networking (WAN) technology. March Capital Partners is th (More info...)

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Bourns Buys Business From Murata
Riverside, California-based electronics components manufacturer Bourns has acquired the trimming potentiometer business of Murata Manufacturing Co., Ltd., the two said Friday. Financial details of the acquisition were not disclosed. Bourns said it acquired specific assets of that business, with transfer of those assets to begin in early 2016. Bourns is already a major manufacturer of trimming potentiometers, which are used on circuit boards for adjusting resistance in circuits; the company is th (More info...)

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Unmute Picks Up $2.2M In Seed Funding
Los Angeles-based Unmute, which develops mobile apps to let people share and interact in live phone calls, has raised $2.2M in a seed funding, the company said Friday. The funding came from Greycroft Partners, and also included Comcast Ventures, Crosscut Ventures, Betaworks, as well as the NBA's David Stern and Robert Kirkman of "The Walking Dead". The company's free iTunes app is centered around live call sharing and interactive messaging, plus tools to turn those calls into podcasts or replay (More info...)

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Virgin Galactic, Adidas Team On Stylish Spacesuits
Mojave-based Virgin Galactic, the commercial spaceflight and tourism venture of Sir Richard Branson, may not be able to deliver you to space just quite yet. But, when they do, it apparently will be in style. Virgin Galactic and Adidas, via its Japanese design house, Y-3, is designing fashionable flight suits for Virgin Galactic's future astronauts and pilots, the companies said today. Y-3, which is led by Japanese designer Yohji Yamamoto, will design garments not only for those astronauts and pi (More info...)

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SCE Plans EV Charger Rebates, Big EV Charger Install Push
Southern California Edison is planning a big electric vehicle charging station push here in Southern California, saying it plans to install as many as 1,500 new electric vehicle charging stations in its service territory, and offer up rebates to users who install them. SCE said it is spending $22M to install stations at workplaces, campuses, recreational areas, and apartment and condominium complexes as part of the effort, which will provide rebates of between 25 and 100 percent of the cost of t (More info...)

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TigerText Takes Aim At Outdated Pagers, FAX Machines
Santa Monica-based TigerText, the provider of secure messaging apps which are heavily used by the healthcare industry, has launched two new features aimed at bringing hospitals into the modern age. TigerText said its new products, TigerPage and TigerFax, will allow its users to receive and respond to pages and faxes from their smartphone. TigerText said that pagers and fax machines are still widely in used in hospitals in the U.S. TigerText's new TigerPage software takes the place of pagers, let (More info...)

posted on Friday, January 15, 2016(Full story)

Guidance Software Shuffles Executives
Pasadena-based Guidance Sofdtware, the developer of computer forensics and security software, said it has undergone a restructuring of its sales, training, channel and product development efforts. As part of the shuffle, the company said that its Chief Revenue OFficer, Jay Ackerman, and its Chief Technology Officer, Shawn McCreight, have both "separated from the company". Guidance Software also said it has named Scott Skidmore as its Vice Preisdent, Global Channel Sales.

posted on Friday, January 15, 2016(Full story)

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TechCXO - Los Angeles
TechCXO is a professional services firm that provides experienced,
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around obtaining capital, increasing revenue, entering new markets and
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For TechCXO Los Angeles, please contact:

Tim Noonan
Managing Partner, LA Region

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