Wednesday, March 30, 2016
LAVA 13th Annual Venture Awards Dinner - March 30th, 2016
LAVA 13th Annual Venture Awards Dinner
Celebrating over 30 years of service to the Los Angeles Entrepreneurial Community

Wednesday, March 30th, 2016

Fairmont Miramar Hotel & Bungalows
101 Wilshire Blvd
Santa Monica, CA 90401
5:30pm – 9pm

Featuring Frank Mottek, KNX1070 Business Hour Host as Master of Ceremonies

2016 Hall of Fame Honoree – Adam Miller, Founder/CEO, Cornerstone OnDemand

Register today!

Qualstar Seeks Strategic Alternatives, Hints At Layoffs
Weestlake Village-based data storage and high efficiency power supply maker Qualstar said Wednesday that it is looking at "strategic alternatives", including "mergers, acquisitions and divestures", and also will make "personnel adjustments" to help it reduce operating expenses. Qualstar also said it will be consolidating its administrative and data storage team into its Simi Valley facility, and sublease its Westlake Village office, in order to reduce rent expenses. The move came as it announced (More info...)

posted on Wednesday, March 30, 2016(Full story)

Fullscreen Set To Launch $4.99 A Month Video Streaming Service In April
Los Angeles-based Fullscreen is getting set to launch its own video streaming service, starting next month, and will charge $4.99 a month for streaming access to both original and licensed content. Fullscreen, which detailed its plans today for the service, had announced plans for the streaming service in September. According to Fullscreen, the new service will include feature films, scripted and unscripted acquisitions and originals, along with content from its creators and social influencers. (More info...)

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Amazon Opening New Fulfillment Center In San Bernardino
Online shopping giant is opening up a new fulfillment center in San Bernardino, the company said on Wednesday, which will be the e-commerce giant's seventh facility in California. Amazon said the new, 1.1 million square foot center will pick, pack, and ship smaller customer items, such as books, electronics and toys, and will create more than 1,000 full time positions. Amazon says it now has over 12,000 full time, hourly associates across six existing fulfillment centers in California (More info...)

posted on Wednesday, March 30, 2016(Full story)

Sony Launching New 4K Streaming Service
Culver City-based Sony Pictures Home Entertainment says it is planning to roll out a new, 4K Ultra HD moving streaming service on April 4th. According to Sony, the new movie streaming service, ULTRA, will debut on the Sony 4K Ultra HD TV with Android TV. The company said a "variety" of movies will be available for purchase and playback in 4K Ultra HD.

posted on Wednesday, March 30, 2016(Full story)

Younity Rolls Out On Android
Younity, the personal media server and sharing software which is the flagship software of Encinitas-based Entangled Media, is now available on Android, according to Entangled Media. The software, which is free, let users access media files--such as music, photos, and other information--from their own computers and devices, without uploading them to the cloud. The software works with both Windows and Mac computers, and supports streaming of audio and video, as well as access to files, from other (More info...)

posted on Wednesday, March 30, 2016(Full story)

LA Dodgers Accelerator Opens Apps For New Class
The LA Dodgers Sports and Entertainment Accelerator has opened up applications for a new class of startups, as the Los Angeles Dodgers and R/GA Venture said they plan to run another startup accelerator class. According to the LA Dodgers and R/GA, it will select five to seven startups in this new class, giving them access to both the executive leadership team of the Dodgers and its business units, plus access to marketing, branding, design, and technology services. Applications are being accepted (More info...)

posted on Wednesday, March 30, 2016(Full story)

Invoca Picks Up $30M More
Santa Barbara-based Invoca, the developer of call tracking software used by marketers, has raised $30M more in a Series D funding, the company said this morning. The funding was led by Morgan Stanley Alternative Investment Partners, along with Accel Partners, Upfront Ventures, Rincon Venture Partners, Salesforce Ventures and Stepstone. Incova said it has now raised a total of $60M in funding. The new funding will go towards sales, marketing, customer support, and product development, according t (More info...)

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Zavante Therapeutics Gets $45M
San Diego-based Zavante Therapeutics, a biopharmaceuticals firm developing injectable antibiotics, has raised $45M in a Series A financing round. Zavante said the investment was led by Frazier Healthcare Partners and Longitude Capital, and also included Aisling Capital. The new funding included $35M in new investment, and $10M in conversion of existing convertible notes. As part of the funding, David Hirsch of Longitude Capital will take a board seat, and Andrew Schiff of Aisling Capital will jo (More info...)

posted on Wednesday, March 30, 2016(Full story)

Neural Analytics Adds Ed Zander As Advisor
Los Angeles-based medical device developer Neural Analytics says this morning that it has added former Motorola CEO Ed Zander as a corporate strategy advisor for the company. Zander also served as President of Sun Microsystems, and is an active investor in early stage technology companies. Neural Analytics said Zander will help the company as it prepares to launch its products. Neural Analytics is developing medical devices to measure, diagnose, and track concussions (traumatic brain injury, or (More info...)

posted on Wednesday, March 30, 2016(Full story)

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

Stradling, Attorneys At Law (

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.

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