socaltech.com TechNews - Thursday, September 25, 2014 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --SCE Plans Giant Energy Storage Battery In Tehachapi --Nimble Launches New Android App --AssetAvenue Bolsters Executive Team --Microsemi Loses Mazzo From Board --Walmart Launches GoBank With Green Dot --UCLA To Tap Outside Board For Startup Deals --Former eHarmony Chief Waldorf Surfaces At Invoice2go --InstaMed Finds $15M For Healthcare Payments --ServiceNow Sued By BMC MARKETPLACE --TechCXO Los Angeles - Professional Services for Technology Companies --Stubbs Alderton & Markiles, LLP Represents The Bouqs Company --UK Trade & Investment (UKTI) --Stradling --Safire Partners Executive Search RECENT JOB POSTINGS --CDN Expert Consultant, Santa Monica, RampRate --QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. --VP of Business Development, Santa Monica, RampRate --Executive Assistant to the CEO, Santa Monica, RampRate --Chief of Staff & Controller, Santa Monica, RampRate --Business Development Director, Los Angeles, Colony Logic RECENT FUNDING EVENTS --------------------------------------------------------------------------- Members: Post your jobs for free in our job section! The number one request from our readers is for more job listings! http://www.socaltech.com/Jobs --------------------------------------------------------------------------- SCE Plans Giant Energy Storage Battery In Tehachapi ---- Southern California Edison said Wednesday that it is planning to build what it says is the largest, battery energy storage project in North America in Tehachapi. (More...) http://www.socaltech.com/sce_plans_giant_battery/s-0057093.html Nimble Launches New Android App ---- Santa Monica-based Nimble, the business contact management software developer led by Jon Ferrara, said today that it has launched a new app for Android. Nimble said its new Nimble Smart Contacts app helps gather contact details, insights, email, social conversations, and other data into a single, mobile app, pulling data from Twitter, LinkedIn, Facebook, Google+, AngelList, Instagram, Foursquare and more about business contacts. http://www.socaltech.com/nimble_launches_new_android_app/s-0057092.html AssetAvenue Bolsters Executive Team ---- Los Angeles-based online, commercial real estate peer to peer lending site AssetAvenue has named a new executive, saying that Eddie Prosser has joined the company as its Senior Vice President of Real Estate Investments. Prosser was most recently at Legacy Partners, and also had served at the Federal Deposit Insurance Corporation (FDIC). AssetAvenue, which is led by David Manshoory, is venture backed by Matrix Partners, NetEase, Vectr Ventures, Russ Meyer (Grandpoint Capital); Bam Ventures; and LaunchpadLA. Microsemi Loses Mazzo From Board ---- Aliso Viejo-based Microsemi said late Wednesday that James V. Mazzo--the former CEO of Advanced Medical Optics--has resigned from the company's board. Microsemi did not say why Mazzo decided to leave the board, but said the resignation "did not arise as a result of any disagreement on any matter relating to Microsemi's operations, policies or practices." Mazzo is an operating partner at venture capital investment firm Versant Ventures, and also sits on the boards of AcuFocus, Neurotech Pharmaceuticals, and a number of other firms. Walmart Launches GoBank With Green Dot ---- In a move which will not surprise anyone familiar with Monrovia, California-based Green Dot, the company's mobile banking service, GoBank, has been launched by Walmart. According to Walmart and Green Dot, GoBank, the FDIC-insured checking account driven by mobile apps and low fees, the checking account product will be available nationwide exclusively through Walmart by the end of October. (More...) http://www.socaltech.com/walmart_launches_gobank_with_green_dot/s-0057091.html UCLA To Tap Outside Board For Startup Deals ---- The University of California, Los Angeles is looking to an outside board to help it negotiate technology transfer and research deals with companies, according to reports. The group will tap a yet un-named group of outside experts to help technology startups coming out of UCLA to better navigate their way through commercialization efforts. The moves come as the University of California system approved a move to allocate $250M in a venture capital fund to invest in startups founded by UC faculty and students. Former eHarmony Chief Waldorf Surfaces At Invoice2go ---- The former head of eHarmony, Greg Waldorf, has surfaced over at a small mobile invoicing and expense management startup called Invoice2go, after a big funding round for the company. Invoice2go--founded in Australia--said it raised $35M in a funding round from Accel Partners and Ribbit Capital (More...) http://www.socaltech.com/intelligence/index.php?action=showdeal&id=59970 InstaMed Finds $15M For Healthcare Payments ---- Newport Beach-based InstaMed, which operates a payment network for healthcare providers, says it has raised $15M in a funding round. The company said the new funding came from four funds and four publicly traded companies, none of which were named by the company. InstaMed is led by Bill Marvin. The company said it offers up a single integrated network for managing healthcare payments. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=59962 ServiceNow Sued By BMC ---- ServiceNow, the developer of IT cloud management software, is being sued by competitor BMC Software, over patent infringement claims. BMC said that ServiceNow is violating seven of its patents, covering areas around incident managemnt, performance analytics, configuration management, and more. The lawsuit was filed in the U.S. District Court for the Eastern District of Texas, a well known location for pursuing patent infringement claims. BMC bragged that it has more than 300 current and pending patents with the USPTO, saying that ServiceNow has no patents of its own. ServiceNow is based in Santa Clara, but has significant operations in the San Diego area. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- TechCXO Los Angeles - Professional Services for Technology Companies TechCXO is a professional services firm that provides experienced, C-Suite professionals to deliver strategic and functional consulting services for technology companies. We answer your critical issues around obtaining capital, increasing revenue, entering new markets and improving margins. TechCXO partners combine practical experience, comprehensive resources and best practices to deliver objective, high-value results. For TechCXO Los Angeles, please contact: Paul Meyer, Managing Partner – Finance & Operations paul.me...@techcxo.com (805) 535-5245 Daniel Nannenga, Partner, Finance – Operations and Technology daniel.nanne...@techcxo.com (424)903-6030 ------------------------------ADVERTISEMENT------------------------------- Stubbs Alderton & Markiles, LLP Represents The Bouqs Company SAM announced that it represented client, The Bouqs Company (TheBouqs.com), a premier cut-to-order online flower delivery service, in a $6 million Series A financing. Led by Azure Capital Partners and joined by KEC Ventures, funding will be used to accelerate growth initiatives including expanding the team, offering delivery outside the US, and scaling the company’s technology and infrastructure to keep pace with growing demand. SAM attorneys Ryan Azlein and Gaurav Krishan served as counsel for The Bouqs Company for this transaction. http://www.stubbsalderton.com ------------------------------ADVERTISEMENT------------------------------- UK Trade & Investment (UKTI) Part of the UK government’s commercial arm, UK Trade & Investment (UKTI) helps American companies bring their high-quality investment to the UK's dynamic economy, acknowledged as Europe's best place from which to succeed in global business. We also help UK-based companies succeed in the global economy. UKTI offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. Our team in the United States works to promote UK-US trade and investment through our offices at the British Embassy in Washington as well as the British Consulates General in Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York and San Francisco. Learn more at: https://www.gov.uk/government/world/organisations/uk-trade-investment-in-the-usa ------------------------------ADVERTISEMENT------------------------------- Stradling Stradling, Attorneys At Law (http://www.sycr.com) ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners has completed 300+ 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 http://www.safirepartners.com/. We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at t...@safire.la. ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free CDN Expert Consultant, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5592 QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. http://www.socaltech.com/showjob.php?id=5591 VP of Business Development, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5590 Executive Assistant to the CEO, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5589 Chief of Staff & Controller, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5588 Business Development Director, Los Angeles, Colony Logic http://www.socaltech.com/showjob.php?id=5587 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 09/24/14 InstaMed $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59962 09/24/14 NexSteppe $22.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59966 09/23/14 Ivantis, Inc. $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59892 09/22/14 KIN $12.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59889 09/22/14 Club W $9.5M http://www.socaltech.com/intelligence/?action=showdeal&id=59888 09/22/14 CurbStand $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59886 09/18/14 Gem $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59882 09/18/14 Docupace $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59772 09/18/14 Rio SEO $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59771 09/18/14 BeautyCon $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59770 09/16/14 3D Robotics $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59697 09/16/14 Workpop $7.9M http://www.socaltech.com/intelligence/?action=showdeal&id=59693 09/12/14 AssetAvenue $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59688 09/10/14 Colorescience $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59883 09/10/14 Avelas Biosciences $7.4M http://www.socaltech.com/intelligence/?action=showdeal&id=59684 09/10/14 Telogis, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59573 09/09/14 HomeUnion $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=59519 09/02/14 Measurabl $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59353 09/02/14 Legend3D, Inc. $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59352 08/29/14 Just Fabulous $85.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59349 08/26/14 The Honest Co. $70.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59282 08/26/14 ZipRecruiter $63.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59278 --------------------------------------------------------------------------- Upcoming Events This Month http://www.socaltech.com/Calendar socaltech.com Calendar of Southern California High Tech Events Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html September 25, Costa Mesa -- Technologies Shaping the Future. OCTANe. This program will review the trends and technologies that are shaping the future of aesthetic medicine in Orange County. We will hear from industry luminaries, review state of the art aesthetic medicine technologies, receive company presentations from emerging high growth companies, and hear from leading clinicians in facial reconstruction, body shaping and augmentation, and pharmaceutical aesthetics regarding the technologies shaping the look of the future. See http://www.socaltech.com/calendar/eventid/24305 September 25, Newport Beach -- Throwback Thursday Fall Mixer. It’s time to dig through your old junk drawers and look for your old tech items because we’re throwing a Throwback Thursday Fall Tech Mixer! Show up to this event with an old electronic item and get entered to win a free drink on us! Do you love talking tech and meeting like-minded people? Well if you answered yes then you MUST join us for our Throwback Thursday Fall Tech Mixer! We’ll just be hanging out, swapping tech news, stories and such. All are welcome to attend this night of fun and networking with tech professionals and tech enthusiasts of all kinds. A heartfelt thank you to our sponsors, QS, Workbridge Associates and Jobspring Partners. See http://www.socaltech.com/calendar/eventid/24296 September 25, Newport Beach -- Learn How To Take "Full Charge" Of Your Market. TCVN. Pedego CEO Don DiCostanzo has succefully turned the company into a leader for the electric bike market; one of the fastest growing segments in the bicycle arena. Learn from this sales and marketing maven on how to take an innovative product and take "Full Charge" of a market land grab. Every entrepreneur should walk away from this event more prepared to get more sales, leverage this growth to scale and continue to innovateNEW . See http://www.socaltech.com/calendar/eventid/24310 September 25, Pasadena -- Hadoop: Where did it come from and what’s next. ATTN Big Data enthusiasts: OpenX and the Pasadena Big Data User Group are sponsoring a new monthly Big Data speaker series that will bring together the industry leaders who are defining and shaping the evolution of the Big Data industry. The purpose of the new speaker series is to promote the Big Data industry in Los Angeles by providing a forum for training, education, networking and ongoing assessment of the needs of the local technology community. The series will kick off with a presentation by Eric Baldeschwieler, Yahoo!’s former VP of Hadoop Software Engineering.NEW . See http://www.socaltech.com/calendar/eventid/24307 September 30, Irvine -- OC Business Expo. Please join us for Orange County's Largest Networking Event of the year, OC Business Expo, hosted by USC. Excellent opportunity to meet other professionals, secure new opportunities and expand your network. Please see link for address and more information. See http://www.socaltech.com/calendar/eventid/24260 September 30, Santa Monica -- Santa Monica New Tech Meetup. 6 new tech startup companies will present their products and technology (5 min demo+5 min Q&A). See http://www.socaltech.com/calendar/eventid/24288 October 2, Santa Monica -- Turning Passion into Success – a fireside chat with Jon Kraft, hosted by Mark Landay, Dynamic Synergy Executive Recruitment. Jon was cofounder and previous CEO of Pandora Media. Beyond Pandora, Jon has followed his passions creating several successful companies. Jon will discuss his previous experiences with the most popular music brand in the world and how he is influencing technology now through his most recent startup, Thrively. This event is restricted to qualified CEOs & CFOs only a confirmed RSVP is required. No service providers admitted.. See http://www.socaltech.com/calendar/eventid/24304 October 2, Los Angeles -- Chick Launcher Entrepreneur Fast Pitch Event & Conference. On Thursday, October 2nd, Chick Launcher is hosting an event from 11:30 am to 7:00 pm. The event features a networking lunch and reception, three panels: Access to Capital, Investor Panel and CEO Panel, followed by Fast Pitch presentations from 13 finalists and educational sessions from our sponsors/advisors. See http://www.socaltech.com/calendar/eventid/24282 October 2, Los Angeles -- 2014 Body Computing Conference. USC. The Body Computing conference is an event designed for those seeking modern healthcare solutions. Digital and lifescience executives, sensor and mobile app inventors, strategists, designers, investors, visionaries, and creatives will captivate both on stage and in the crowd. It is a one-day live event filled with dynamic demonstrations, interdisciplinary content, and valuable connections.. See http://www.socaltech.com/calendar/eventid/24272 October 2, Santa Monica -- An Evening with Peter Thiel. Live Talks LA. Peter Thiel Technology Entrepreneur and Investor; Co-founder PayPal. Zero to One: Notes on Startups, or How to Build the Future. See http://www.socaltech.com/calendar/eventid/24234 October 2, Santa Monica -- Vator Splash LA. Vator Splash is one of the must-attend startup events and competitions, where promising startups are discovered, lessons from prominent founders are learned and views from blue-chip investors are heard. This event gives startups an unparalleled opportunity to network with active investors and industry thought leaders. See http://www.socaltech.com/calendar/eventid/24203 October 2, Los Angeles -- Chick Launcher Fast Pitch Event & Conference. Chick Launcher connects female entrepreneurs building high-growth businesses with the resources they need to help them achieve success. An annual competition is held for women entrepreneurs with a prize package of cash and in-kind professional services awarded to the winnerNEW . See http://www.socaltech.com/calendar/eventid/24311 October 8, Los Angeles -- LAEDC Forecast. Changing Face of Education: From Industrial to Innovation. LAEDC. Speakers: Robert A. Kleinhenz, Ph.D. - Chief Economist, Kyser Center for Economic Research at LAEDC; Timothy White, Ph.D. - Chancellor, California State University System; Moderated by Frank Mottek, KNX1070. See http://www.socaltech.com/calendar/eventid/24232 October 8, Los Angeles -- LAEDC 2015 Economic Forecast Event – Introducing A Long-Term Look At Our Economy. LAEDC’s twice-yearly economic forecast events provide insight and planning information to our members, partners, LA County leaders, and the general public. On October 8th, LAEDC shifts its format for the event to include a five-year planning horizon for the forecast, to preview which industries will grow the fastest, which occupations and related job training will be most in-demand, and we will look at various aspects of innovation in our economy to predict transformations in our business community, labor force requirements, and elsewhere in the economy. With the help of our guests such as Cal State University Chancellor Timothy White, we will discuss the drivers in the economy, such as the changing requirements for an educated workforce, so that attendees can keep their organizations savvy, relevant, and positioned for success in our global marketNEW . See http://www.socaltech.com/calendar/eventid/24312 October 9, Los Angeles -- TechOut LA . TechOut LA is an interactive tech education conference featuring high-impact keynotes, amazing networking, giveaways and the latest in interactive tech. See http://www.socaltech.com/calendar/eventid/24297 October 9, Thousand Oaks -- Ocean Health to Lunar Landings: How to compete for a Multi-Million Dollar XPrize. CleanTechnologyCouncil.org Workshop - How to build your company without Angel or VC money. Co-founders Mike Outmesguine, CEO and Alan DeRossett, CTO of VoXearch.com will tell you how they gained support of Fortune 1000 sponsors and became contenders for the multi-million dollar XPrize. The team’s first XPRIZE challenge was to develop the world's first Medical Tricorder, based on the science-fiction device. They moved on to the Ocean Health XPRIZE using their experience with sensor technology. Don't miss this Special Event. See http://www.socaltech.com/calendar/eventid/24300 October 10, San Diego -- Contextual Robotics Technologies Forum at UC San Diego. Meet world leaders developing ubiquitous consumer robotics for the benefit of society. Connect with San Diego's robotics community. Learn about UC San Diego's plans for robotics. Keynote speakers include: Chris Anderson of 3D Robotics, Matt Grob of Qualcomm Technologies and Dean Kamen of DEKA R&D.NEW . See http://www.socaltech.com/calendar/eventid/24306 October 15, Fullerton -- TriTech SBDC Presents... SBIR/STTR Workshops. This half-day workshop provides basic information about the federal SBIR and STTR programs. Topics will include: benefits and limitations of SBIR/STTR funding and steps to prepare for the writing and submission processe. See http://www.socaltech.com/calendar/eventid/23839 October 15, Century City -- FoundationDB: Scaling a Conflict Detection Algorithm to Large Database Clusters. In this talk, a FoundationDB engineer will discuss the challenges of scaling a conflict detection algorithm to large database clusters. They'll discuss the limitations of FoundationDB's current single-threaded algorithm, the various approaches considered to scale the write throughput of the system, and the machine-parallel algorithm that was ultimately selectedNEW . See http://www.socaltech.com/calendar/eventid/24308 October 20, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24226 October 21, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24227 October 22, Long Beach -- The IT Summit Los Angeles. The IT Summit is the executive technology conference series returning to Los Angeles for our eighth annual event on October 22, 2014. The purpose of the summit is to provide educational and networking resources for the IT leaders in Southern California. The conference is driven by an Executive Board of regional IT professionals that directs the content of the conference. The IT Summit is designed to address the real-world opportunities and challenges faced by today's executives. See http://www.socaltech.com/calendar/eventid/24125 October 22, Riverside -- TriTech SBDC Presents... SBIR/STTR Workshops. This half-day workshop will help you organize a competitive NIH SBIR or STTR proposal. Topics will include: assessing your proposal ideas, planning the project phases, and steps to make the writing process more efficien. See http://www.socaltech.com/calendar/eventid/23840 October 22, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24228 October 23, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24229 October 24, Camarillo -- Unmanned Aerial Vehicle Symposium @CSUCI. The Channel Islands Chapter of AUVSI will be holding a half day "Micro" Symposium.The event will include panel sessions on unmanned vehicle applications in environmental, agricultural and tri- county business opportunities. This will be followed by a key note speech from Assemblyman Jeff Gorell on his Gold Team California initiative. Students will present robotic displays and the event will close with a social hour. Email mru...@hotmail.co. See http://www.socaltech.com/calendar/eventid/24271 ----------------------------------------------------------------------- Sponsored by: TVC Capital LLC (www.tvccapital.com) Investments in and Acquisitions of Growing Software Companies Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Fetch Recruiting, Inc. (www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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