Monday, May 9, 2016
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Demand Media Content Revenues Continue To Plunge
Santa Monica-based Demand Media reported its quarterly earnings Monday afternoon, revealing a precipitous decline in the company's content revenues. Demand Media said that its Content and Media revenues dropped 40%, from $22.5M in the first three months of 2015 to just $13.5M in the first three months of 2016. The company fared far better in its new, marketplace business, where revenues rose from $10.7M in Q1 of 2015 to $13.5M in Q1 of 2016. Demand Media and CEO Sean Moriarty have been looking t (More info...)

posted on Monday, May 9, 2016(Full story)

MaxLinear Buys Broadcom's Wireless Backhaul Business
Carlsbad-based radio frequency and mixed signal integrated circuits developer MaxLinear said Monday afternoon that it has acquired the Wireless Infrastrcute Backhaul Business of Irvine-based Broadcom. MaxLinear said it woud pay $80.0M in cash for certain assets and intellectual property related to that Broadcom unit, which develops technology in the microwave, millimeter wave, and other 5G market areas. The business employed approximately 120 people, had had approximately $29.6M in revenues in c (More info...)

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Edeniq Acquired By Aemetis
Edeniq, a cellulosic biofuels technology developer which had spun out of now defunct, Los Angeles-based Altra Biofuels, has been acquired by Silicon Valley biofuels developer Aemetis, the two said late last week. Aemetis said it would pay between between one and two million shares of its common stock, plus cash worth up to $20M over the next five years, for Edeniq. Edeniq was at one point located in Los Angeles, but moved to Visalia to be closer to its source of feedstock. Edeniq had raised aro (More info...)

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The Young Turks Returns To TV With New Show On Fusion
Los Angeles-based online content network The Young Turks said today that it is returning to linear television for the first time since 2013, with a new show on Fusion. The new show features hosts Ana Kasparian and John Iadarola, who will travel to college campuses to cover the Presidential election. Details on the deal between FUSION and The Young Turks were not announced. The two said the series will kick off the week of September 5th, and run for 12 weeks. In addition to election coverage, TYT (More info...)

posted on Monday, May 9, 2016(Full story)

NantHealth Files For IPO
Culver City-based NantHealth, one of the companies out of billionaire Patrick Soon-Shiong's collection of NantWorks companies, has filed for an IPO, saying this morning that it is looking to raise up to $92.0M in a public offering. NantHealth said it intends to list on the NASDAQ Global Market as NH. The IPO is being underwritten by Jeffries, Cowen and Company, First Analysis Securities Co., and FBR. NantHealth reported a net loss of $71.6M on $58.3M in total revenues for 2015. The filing is the (More info...)

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Brighter: More Than 75,000 Dentists Now On Platform
Santa Monica-based Brighter, the dental healthcare company led by startup veteran Jake Winebaum, said this morning that it now has almost 75,000 dentists on its marketplace. The company--which lets consumers shop for local dentists--says it has been working with health insurance carriers to integrate into its directory, which had initially been aimed at self paying dental patients. Brighter said that dentists who are in health insurance networks are using the service to highlight their strengths (More info...)

posted on Monday, May 9, 2016(Full story)

Sophiris Bio Raises $5M Via PIPE
San Diego-based biopharmaceuticals firm b>a href="">Sophiris Bio said Friday that it has raised approximately $5M, via a private placement from an investor. The publicly held firm, which trades as SPHS on the NASDAQ, said the new investor paid $1.40 per share in the investment, and als will receive a warrant to purchase one-half of a share of the company's common stock at the same prive, five years from closing. Roth Capital was the placement agent on the fundraising. S (More info...)

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Lieberman Software Teams With Canadian Company
Los Angeles-based security software developer Lieberman Software said this morning that it has teamed with Canadian company Aikya Security Solutions, to expand its resach in Canada. The two said that Aikya will offer up Lieberman's Enterprise Random Password Manager (ERPM) product to its customers. Aikya serves the utility and financial industries.

posted on Monday, May 9, 2016(Full story)

Cubic Wins $200M Air Force Contract
San Diego-based defense systems developer Cubic said this morning that its Cubic Global Defense (CGD) unit has scored a $200M, five year, cost plus fixed fee contract with the U.S. Air Force Research Laboratory (AFRL). The company said the contract covers research and evaluation of warfighter readiness and training. The contract covers work at the Wright-Patterson Air Force Base, Ohio.

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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.

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
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.


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 We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at

SAM Precellerator Program Now Accepting Applications!
Stubbs Alderton & Markiles, LLP is one of the leading business law firms in Southern California. We pioneered a fixed fee start-up package making the formation and organization of your start-up as seamless as possible. Our Preccelerator® Program is a platform offered to select start-up companies out of our Santa Monica office that provides interim office space and sophisticated legal services, with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides free co-working space and other perks for 5-6 promising young startups.

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For more information about the Preccelerator Program, visit or contact Heidi Hubbeling at (310) 746-9803 or

Technical Connections - Connecting Tech Talent with Premier Clients in SoCal
Technical Connections is Southern California’s premier staffing firm specializing exclusively in web, software and information technology professionals. With offices in Los Angeles and Orange County, TCI offers a full range of services including retained search, contingency placement, and short- and long-term consulting, to companies ranging from Fortune 100’s to start-ups.

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