Tuesday, February 23, 2016
Recurring Revenue Conference 2016 - February 23rd, LA
Presented by Clear Capital Advisors. Join local entrepreneurs, SaaS
innovators, leading VCs, private equity/angel investors February 23 at
the Recurring Revenue Conference, 8-5pm with cocktail reception after.
Panel discussions include: The Big Impact of Big Data; SoCal Rockstars
You Don’t Know –But Will; Cybersecurity: The Shadow Under the Cloud; The
Analytics that Drive Your Venture’s Valuation.

Register and use PROMO CODE: SocalTECH100off for $100 off ticket price.
Register today! http://www.recurringrevenueconference.com

Questions? Contact: nh@clearcapitaladvisors.com

Warner Bros. Acquires DramaFever
Burbank-based Warner Bros. said Tuesday afternoon that it has acquired DramaFever, an online, video-on-demand company focused on Korean dramas, Kpop, and other related content. Financial details of the deal were not announced. Time Warner said it will continue to run DramaFever under its own brand, with operations based in New York. DramaFever offers up subscription access to Korean television and film dramas, to both U.S. and other audiences.

posted on Tuesday, February 23, 2016(Full story)

Thrive Market: $100M Run Rate, 180,000 Paid Members
Los Angeles-based health food and products retailer Thrive Market has just hit a $100M run rate, and now has 180,000 paid members, according to co-founder and co-CEO Nick Green. Green, speaking at the Recurring Revenue Conference in Los Angeles on Tuesday, said that the company is growing rapidly, adding 30,000 paid members a month. Thrive Market is backed by Greycroft Partners, Scripps Network, Powerplant Ventures, as well as over 200 angel investors. Thrive Market offers up organic, healthy, n (More info...)

posted on Tuesday, February 23, 2016(Full story)

Activision Completes $5.9B King Digital Acquisition
Santa Monica-based Activision said this morning that it has completed its acquisition of King Digital Entertainment. The deal was worth $5.9 billion, and was first announced in November. Activision paid $18.00 per share in cash for King. Activision said it expects to boost its revenues in 2016 to $6.25 billion as a result of the deal, and that it now reaches over 500 million users. Activision said King will operate as an independent unit, led by current CEO Riccardo Zacconi, Chief Creative Offic (More info...)

posted on Tuesday, February 23, 2016(Full story)

Razer Raises $75M From Chinese Company
Carlsbad-based videogame accessory and products maker Razer has raised $75M from Chinese company Hangzhou Liason Interactive, according to Hangzhou Liason. Other details of the investment were not announced. Hangzhou Liason Interactive is a provider of application software development, systems integration, and technical services. The investment reportedly values Razer at $1.5 billion, adding the company to Southern California's growing list of unicorns.

posted on Tuesday, February 23, 2016(Full story)

SpaceX Aims For Wednesday Launch
Hawthorne-based SpaceX is in the midst of pre-flight checks for its next launch, scheduled for Wednesday from Florida. According to NASA, SpaceX had a static firing of its rocket on Monday, in preparation for that launch. SpaceX is preparing to launch the SES-9 satellite. NASA said the first launch window on Wednesday is between 18:46 to 20:23 Eastern. The SES-9 will provide direct television broadcasting, maritime communications, and other capabilities to Northeast Asia, South Asia, and Indones (More info...)

posted on Tuesday, February 23, 2016(Full story)

OpenX Launches Mobile Ad Product
Los Angeles-based programmatic advertising marketplace and technology provider OpenX has rolled out a new product aimed at the mobile app market, according to the company. OpenX said it has launched OpenX Bidder for Apps, an extension of its software for the desktop and mobile web, which works on mobile app inventory. OpenX did not say which platforms the new software works on.

posted on Tuesday, February 23, 2016(Full story)

ResMed Acquires Brightree For $800M
San Diego-based medical device provider ResMed has acquired healthcare software developer Brightree, in a deal worth $800M, according to the companies. ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015. Brightree develops business management and clinicla software for the post-acute care industry, for managing home and durable medical equipment, home health, and hospice, and was based in Atlanta. ResMed said the buy will further its position as a (More info...)

posted on Tuesday, February 23, 2016(Full story)

ViaSat Wins Qantas
Carlsbad-based ViaSat, the satellite Internet services provider, has signed on Qantas Airways as a new customer, the company said late Monday. According to ViaSat, it has signed a memorandum of understanding (MOU), where it iwll provider in-flight internet connectivity to Qantas on its domestic flights. Financial impact of the deal were not disclosed. ViaSat said that Qantas is the first, Asia Pacific airline to select its in-flight Internet services. ViaSat said it expects in-flight Internet tr (More info...)

posted on Tuesday, February 23, 2016(Full story)

C-Suite Quarterly (CSQ) Winter Celebration - February 25th
On February 25, 2016, C-Suite Quarterly (CSQ) Magazine will celebrate and honor the visionaries in Innovation & Technology featured in CSQ's Winter 2016 edition. These leaders of LA Tech are giving of their time, investment, and ideas around how we can make Los Angeles—and the world—a better place.

The evening's primary honoree will be entrepreneur, disruptor, innovator, and the latest CSQ cover feature, Rob Lloyd, along with other leadership from the region including Chuck Davis, Jason Nazar, Dana Settle, Joachim Splichal, the region’s disruptors, CSQ’s NextGen 10.4, and more.

This special evening will encourage guests and partnering sponsors to meet, mingle, and engage with LA’s business elite and thought leaders seen in CSQ Magazine. In an intimate forum, guests will enjoy the sights and a tour at Hyperloop Technologies Inc. HQ.

To find out more on the event and how to get involved, click here:


PortTechEXPO | Thursday, March 10, 2016
Crafted at the Port of Los Angeles | San Pedro, CA

The 6th Annual PortTechEXPO is the only event focused on tech for ports
and beyond!

EXPLORE innovations for ports and beyond. CONNECT with entrepreneurs and
investors. DISCOVER technology driving goods movement. UNDERSTAND industry
challenges and opportunities. MEET civic leaders and key decision makers.
SUPPORT sustainable port growth.

http://www.PortTechLA.org/expo | #PortTechEXPO

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TechCXO - Los Angeles
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