Wednesday, May 18, 2016
SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine. 805-230-1350

Accruent Acquired By Genstar Capital
Accruent, the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed. Accruent was venture backed by Constellation Ventures, Pequote Ventures, GGV Capital, Innocal, Marcus & Millichap, Peninsula Equity Partners, Red Rock Ventures, Sierra Ventures, and
Stanford University. The company was based in Santa Monica until recently, when (More info...)

posted on Wednesday, May 18, 2016(Full story)

Media Temple Launches New WordPress Hosting Option
Los Angeles-based Media Temple has launched a new, WordPress hosting offering, which it says specifically provides "white glove" around the clock service and monitoring. According to Media Temple, the new offering uses Amazon Web Services (AWS) as the cloud back end for the service, and combines that with 24/7 premium technical support, performance monitoring, ability to scale traffic handling up or down, redundancy, better security, and other enhancements. The new plans are being aimed at enter (More info...)

posted on Wednesday, May 18, 2016(Full story)

SPACES Lands $3M For Virtual Reality Startup
Santa Monica-based SPACES, a new virtual reality startup, said today that it has raised $3M in a funding round from Comcast Ventures, Boost VC, Canyon Creek Capital, Colopl VR Fund, GREE Inc., Kai Huang, The Venture Reality Fund, the Sinovation Fund, Youku Global Media Fund and CRCM VC. The new startup, led by CEO Shiraz Akmal and CTO Brad Herman, said they have already been developing a wide range of projects for such clients as Microsoft, NBCUniversal, Big Blue Bubble and The Hettema Group. Th (More info...)

posted on Wednesday, May 18, 2016 (More)(Full story)

Netflix: We're Now More Popular Than TV
Netflix, which has major operations in Los Angeles, said today that a new, national survey has ranked its services more popular than even live, traditional television--at least, among those who have streamed a full length show online recently. Netflix said the national survey, run by E-Poll Market Research, found that its poll asking viewers "Where do you go most frequently when you want to watch a TV show?" found that 33 percent of respondents put down "Netflix", with only 16 percent turning to (More info...)

posted on Wednesday, May 18, 2016(Full story)

Cogitai Gets Funding From Sony
Anaheim-based Cogitail, a new artificial intelligence (AI) software startup, said Tuesday that it has raised a strategic round of investment from Sony Corporation. Size of the investment was not announced. Cogitai said it is developing "core" artificial intelligence software technology. The new startup, led by Dr. Mark Ring, said it is developing "continual-learning" technology which allows systems to learn continually from their experience. Cogitai said it would be using the new funding for "ag (More info...)

posted on Wednesday, May 18, 2016 (More)(Full story)

Blizzard To Give Away World of Warcraft With Movie
Irvine-based Blizzard Entertainment says it will give a free, digital copy of World of Warcraft, to anyone who purchases a ticket to the upcoming "Warcraft" movie at Regal Cinemas. The movie, which opens on June 10th, is based on World of Warcraft. Blizzard and Regal Entertainment Group said the move is aimed at allowing any moviegoers who attend the movie--and who, perhaps, have never played the videogame--to "continue the adventure". Blizzard and Regal said the promotion will run at Regal Cine (More info...)

posted on Wednesday, May 18, 2016(Full story)

Lytx Wins Nebraska Transport Company
San Diego-based driver safety equipment and monitoring equipment maker Lytx says that Omaha, Nebraska based TransWood Carriers, a provider of dry and liquid bulk transportation services, is using its DriveCam products as part of a fleet safety effort. Financial details of the win were not announced. Lytx said that a 90-vehicle trial, conducted in January 2015, helped TransWood figure out that its drivers were using cell phones while driving--despite a company policy against using cell phones--an (More info...)

posted on Wednesday, May 18, 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

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We are a commercial insurance broker working with startup and early
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recruiting and retention. Coverage placements include D&O, Property,
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John Huttinger, CIC, CRM
Vice President
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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine. 805-230-1350

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