Friday, September 16, 2016
Everbridge Raises $90M In IPO, Sees Pop On Market Debut
Everbridge, a developer of emergency notification tools which was founded and still has major operations in both Glendale and Pasadena, has had an IPO, raising $90M for the company and marking another major, SoCal linked technology startup exit in what has been a busy year for deals. Everbridge is now trading on the NASDAQ Global Market as EVBG. The company is backed by ABS Ventures, Daughty Hansen & Co., Second Alpha Partners Fund, Eastward Capital Partners, PMC Financial Services, and others, (More info...)

posted on Friday, September 16, 2016(Full story)

Report: Venture Capital Fund Linked To Convicted Felon In Lompoc
A new report, published this morning by Fortune, says that a "new" venture capital fund--announced last week in officially looking press releases--appears to be linked to a convicted inmate, currently imprisoned in Lompoc. Fortune says that Asenqua Ventures--which has official looking, but apparently completely fake entries in Crunchbase, Pitchbook, and other industry databases, plus its own website, does not exist, does not have offices where it claims to be, and also stole the profile photos o (More info...)

posted on Friday, September 16, 2016(Full story)

Newegg Gets Investment From Hangzhao Liaison Interactive
Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Ltd. . Size of the investment was not announced. Newegg said that it will use the new funding for its strategic initiatives, including international expansion, broadened product offerings, and expansion into areas such as eSports, virtual reality, and augmented reality.

posted on Friday, September 16, 2016(Full story)

LA Launches New Business Information Portal
The City of Los Angeles is reaching out new and small businesses, aimed at providing information to those businesses on everything from negotiating leases to securing business loans--plus dealing with city paperwork on registering a new business. The new L.A. Business Portal includes a startup assistance tool, covering business registration, taxes, seller's permits, and the like; a resource library, with links to helpful city departments; plus a basic business "preparedness" guide about basic bu (More info...)

posted on Friday, September 16, 2016(Full story)

ViaSat Powers Tiered Wi-Fi For North Carolina Train Service
Carlsbad-based satellite Internet provider ViaSat is powering a new, onboard Wi-Fi service for North Carolina, on with the North Carolina Department of Transportation (NCDOT) Rail Division. According to ViaSat, the department will be bringing new, tiered Wi-Fi service to railway passengers traveling the 174 mile route between Raleigh and Charlotte, North Carolina. Financial details of the deal were not announced. ViaSat said its broadband services will be used for a Wi-Fi plan which includes a b (More info...)

posted on Friday, September 16, 2016(Full story)

How to Successfully Position Your Company to be Sold
How to Successfully Position Your Company to be Sold
September 22, 2016

Location: Stubbs Alderton & Markiles - Preccelerator Program space - 1453
3rd Street Promenade, Suite 300, Santa Monica, CA

Parking 4th Street/Broadway ramp or in the Santa Monica Place Mall

Featuring Moderator: Jonathan R. Hodes, Partner, Stubbs Alderton &
Markiles, LLP Panelists: David Herman, Managing Partner, Diamond Capital
Advisors Jennifer Sargent, CEO & Co-Founder, Hitfix Scott Galer,
Partner, Stubbs Alderton, & Markiles, LLP Eli Eisenberg, Founder & CEO,
Straight Line Management

Register today at:

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services for small and mid-sized businesses. For more information about Oracle (NYSE:ORCL), visit In Los Angeles, contact Ryan Mondillo (

Support Our News Coverage - Become A Member Today!
We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU!

Join today at

TriNet - HR Services
TriNet is a leading provider of HR services that takes the stress out of daily HR distractions. Our HR bundled product includes payroll, human capital consulting, compliance laws, benefits, workers compensation and more. Our services are delivered by our expert team of HR professionals enabled by our cloud-based technology platform. We focus on our clients and their employees to streamline their HR transactions anytime and anywhere. Focus on your clients, while TriNet focuses on your HR. For more information, please visit

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.

Project X – New Design Focused Accelerator in Los Angeles
Launch your next MVP. Be Victorious. Conquer the perils of poorly branded
products, semi-good stories, and underwhelming UX/UI front-end design and

Project X is a business unit of the Los Angeles based digital agency La
Visual. UX/UI strategy, rapid-prototyping and design, world-class
branding, product strategy & design, testing, rollout strategies,
mentorship, and access to exclusive funding.

Don't be shy. Hit us up and we will talk about your next startup.
Drop us a line // See how we can help you:
Check it out here //

Advertisement - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Sponsored By


Recent Interviews

Browse Issues