socaltech.com TechNews - Thursday, October 30, 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. 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------------------------------------------------ --Hovelstay.com: Connecting The Adventurous Traveler With Cheap, --Global Eagle Entertainment Links With Satellite Operator SES --Kurion Names VP --Sientra Up In IPO Trading --Amgen Plans To Cut 1100 More --SpaceX Thrust Into Critical Role After Competitor's Catastrophic Explosion MARKETPLACE --Get the latest Q2 2014 PwC SoCal MoneyTree Report --Apply Today For NewCo's Inside-Out Conference --Fetch Recruiting, Inc. -- Key Information Systems Announces Key Cloud RECENT JOB POSTINGS --2D Game Artist, Los Angeles, FutureBound --Game / Interaction Programmer, Los Angeles, FutureBound --Solutions Architect, Santa Monica, RampRate --Senior Systems Engineer, Los Angeles, DreamHost RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- SoCal IP Law Group LLP - Serving the IP Needs of Business IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. i...@socalip.com 805-230-1350 www.socalip.com --------------------------------------------------------------------------- Hovelstay.com: Connecting The Adventurous Traveler With Cheap, Unique Rooms ---- Are you tired of booking that "luxury room" on your favorite vacation rental site, and finding it's really a dump? The founders of hotelstay.com (www.hovelstay.com) got tired of helping to list lots of "luxury properties" on vacation rental sites--which were anything but luxury--and decided to create their own marketplace which calls a spade a spade. The company has created a marketplace which focuses on "anti-luxury" vacation rentals--many of which can be called rather "unique". We caught up with co-founder Michael Womack to learn more about the service. What's hovelstay.com, and how is it different than all the other vacation rental sites out there? Michael Womack: We are creating a site that has the adventurous and budget traveler in mind. We (More...) http://www.socaltech.com/hovelstay_com_connecting_the_adventurous_traveler_with_cheap_/s-0057623.html --------------------------------------------------------------------------- Global Eagle Entertainment Links With Satellite Operator SES ---- Los Angeles-based Global Eagle Entertainment, the developer of in-flight wireless and entertainment systems for airlines, said today that it has linked up with satellite operator SES, to bring Ku-band satellite bandwith to the company's systems. Financial details of the link were not announced by the companies. The two said they will offer up globall, KU-band satellite connectivity using SES's worlwide satellite network. SES has more than 50 satellites in its constellation, with five more in the construction stage, according to the companies. Globa Eagle Entertainment said it currently serves over 150 airlines worldwide with its Wi-Fi, movie, television, interactive software, and other products. Kurion Names VP ---- Irvine-based nuclear and hazardous waste management technology developer Kurion said today that it has promoted its current Country Director for Japan, Yohei Iwasaki, to the role of Vice President. According to Kurion, Iwasaki has been overseeing projects for Tokyo Electric Power Company (TEPCO), as part of Kurion's extensive role in the cleanup of the Fukushima Daiichi Nuclear Power Plant. Iwasaki previously was co-founder of mOasis, and also served at Nishimura & Asahi and the Uchida & Samejima Law Firm. Kurion is venture backed by Lux Capital, Firelake Capital Management and Acadia Woods Partners. Sientra Up In IPO Trading ---- Santa Barbara-based Sientra, a developer of aethetic medicine implants, rose in its IPO on Wednesday, trading as high as $17.90 during trading, closing at $16.75 for the day. The company priced last night at $15 per share, selling 5 million shares of its common stock on the NASDAQ as SIEN. The company had priced at the midpoint of its initial estimated IPO range of $14.00 to $16.00 Tuesday night. Sientra is venture backed by OrbiMed, Clarus Ventures, Abingworth MAanagement, Goldman Sachs, and TIAA-CREF, among others. Amgen Plans To Cut 1100 More ---- The news for employees over at Thousand Oaks-based Amgen got worse on Tuesday, after the company said it is deepening job cuts, and plans to now cut 20 percent of its employees as part of previously announced cutbacks at the company. Amgen--which originally planned to cut around 15 percent of its staff--said in a regulatory filing Tuesday it will reduce staffing by approximately 600 to 1,100 positions in addition to the previously announced cuts. That will bring its total number of employee cuts to between 3,500 and 4,000 positions by the end of 2015. SpaceX Thrust Into Critical Role After Competitor's Catastrophic Explosion ---- Hawthorne-based SpaceX has been thrust into a critical role with NASA, after a catastrophic launch failure and explosion in Virginia Tuesday evening. Orbital Sciences--the other commercial rocket delivery firm with a contract with NASA-- aborted the launch of its Antares rocket mission Tuesday evening, scattering pieces of its rocket across the night sky. (More...) http://www.socaltech.com/spacex_thrust_into_critical_role_after_competitor_s_catastrophic_explosion/s-0057609.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Get the latest Q2 2014 PwC SoCal MoneyTree Report NEW Q2 2014 Results! Are you interested in understanding the latest trends in venture capital investments in Southern California? Want to know how the region did in terms of venture capital? PwC has just posted the results of the Q2 2014 Southern California venture deals, in its Shaking The MoneyTree presentation and update from HJ Paik, Director, Emerging Company Services Download it today for free! http://www.socaltech.com/pwc/PwC%20Shaking%20the%20MoneyTree%20Q2%202014.pdf http://www.socaltech.com/pwc ------------------------------ADVERTISEMENT------------------------------- Apply Today For NewCo's Inside-Out Conference NewCo is the "inside out" conference model where attendees use the working city as the event space, and companies open their doors to welcome the community into their offices for a one hour tour, conversation, or informational session. "NewCos" are companies that truly standout for their approach to business: NewCos are on a mission to effect real change in their chosen market, and they are leaders in creating workplaces that redefine traditional approaches to work. We are looking for smart, innovative companies to apply to join Google, Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane, PUBLIC Bikes, Code for America, Hightail and many others. NewCo is expanding to Los Angeles soon. If you are a part of a company that should be one of the Host Companies in 2014, please apply today! http://marcatoapp.com/website_integration/newcolosangeles2014/artists/new ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------ADVERTISEMENT------------------------------- Key Information Systems Announces Key Cloud Key Information Systems, a leading IT systems integrator and Premier IBM Business Partner based in Agoura Hills, CA, announced the availability of Key Cloud for users of cloud computing services. Key's new cloud services are offered in conjunction with colocation, managed services and Internet connectivity offerings. To learn more about the Key Cloud, visit the Key Info website or contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura Court, First Floor, Agoura Hills, CA 91301, USA, email pell...@keyinfo.com or call 1.818.737.2804. http://www.keyinfo.com ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free 2D Game Artist, Los Angeles, FutureBound http://www.socaltech.com/showjob.php?id=5597 Game / Interaction Programmer, Los Angeles, FutureBound http://www.socaltech.com/showjob.php?id=5596 Database / Game System Programmer, Los Angeles, FutureBound http://www.socaltech.com/showjob.php?id=5595 Solutions Architect, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5594 Senior Systems Engineer, Los Angeles, DreamHost http://www.socaltech.com/showjob.php?id=5593 CDN Expert Consultant, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5592 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 10/29/14 Seedling $7.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60915 10/28/14 Tinder $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60906 10/28/14 Scorebig, Inc. $18.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60850 10/23/14 Tipalti $13.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60823 10/16/14 Wilshire Axon Sports $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60686 10/15/14 H3 Financial Services $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60681 10/14/14 Speakr $2.9M http://www.socaltech.com/intelligence/?action=showdeal&id=60618 10/13/14 Cosmederm Bioscience $50.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60590 10/13/14 Vyu $0.8M http://www.socaltech.com/intelligence/?action=showdeal&id=60589 10/08/14 Avidity NanoMedicines LLC $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60579 10/08/14 Crowdfunder $3.5M http://www.socaltech.com/intelligence/?action=showdeal&id=60580 10/07/14 BloomNation $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=60518 10/06/14 ShipHawk $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60356 10/06/14 Alteryx $60.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60352 10/02/14 Nant Health $320.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60348 10/01/14 Rowl $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60219 --------------------------------------------------------------------------- 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 October 30, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. See http://www.socaltech.com/calendar/eventid/24262 October 30, Los Angeles -- The Israel Conference is a business conference that brings together leading technology innovators and investors in High Tech / Media and Entertainment / Advertising / Mobile / Content / Gaming / Clean Tech / Medical Tech / Consumer Products coming out of Israel that are market-making and in demand. See http://www.socaltech.com/calendar/eventid/24253 October 30, Irvine -- From a Struggling Startup to a Global Icon - FedEx's Growth Journey. TCVN. Veteran FedEx executive, author, thought leader and expert in unleashing innovation for enterprise growth, Madan Birla, will share with you how a start-up that lost $29 million in first three years become a global business success story and a global icon. See http://www.socaltech.com/calendar/eventid/24366 November 1, Los Angeles -- WISH Charter will host the annual FIRST (For Inspiration and Recognition of Science and Technology) LEG® League (FLL®) World Class Qualifying Tournament. Over 250 students, ages 9 to 16 from Southern California will be competing in this exciting event, which combines LEGO robots, teamwork and an energetic, tournament atmosphere to promote science, technology and innovation.. See http://www.socaltech.com/calendar/eventid/24374 November 3, Los Angeles -- Game Developers Conference Next (GDC Next). GDC Next answers the question: "So you've made a game, what's next?" GDC Next brings the video game community together – from makers to marketers, from companies both big and small – to learn how to increase discoverability, gain exposure, broaden their audience, differentiate their work, and position their games for industry success. See http://www.socaltech.com/calendar/eventid/24349 November 5, San Diego -- CONNECT’s FrameWork’s Workshop: Mergers & Acquisitions. Despite continuing high unemployment, debt overhang and seemingly endless regulatory and fiscal changes, opportunities for acquiring or selling a company still exist. In order to successfully navigate an M&A transaction in this challenging economic environment, it is critical that buyers and sellers understand what will be required to be successful in their strategic transaction efforts, particularly in today’s challenging environment. See http://www.socaltech.com/calendar/eventid/24335 November 6, Santa Monica -- LA CEOs presents Mike Jones, CEO Science. Please join Mark Landay, Dynamic Synergy Executive Recruitment for a fireside chat with Mike. This event is restricted to qualified CEOs & CFOs only. A confirmed RSVP required, no service providers admitted. See http://www.socaltech.com/calendar/eventid/24342 November 6, Santa Monica -- Women 2.0 City Meetup. City Meetup is a Women 2.0 networking event to promote new networks amongst the entire technology ecosystem in innovative cities around the world. This event is open to those who work, start, and fund tech companies. Both women and men are invited to attend.. See http://www.socaltech.com/calendar/eventid/24322 November 7, Los Angeles -- Metro and the Digital Future. Metro is hosting a unique pitch-style event exploring technology in public transportation. Join industry experts as they discuss how creative technology could help improve the Metro customer experience. The event is free and open to the public. See http://www.socaltech.com/calendar/eventid/24375 November 7, Los Angeles -- USC Electrical Engineering Research Festival. The Ming Hsieh Institute annually hosts the Ming Hsieh Department of Electrical Engineering Research Festival. Over 100 undergraduate and graduate students present their research through poster sessions, demonstrations and oral presentations at the event. The Research Festival is a day-long festival that welcomes the entire USC Viterbi community, alumni and engineering industry representatives. See http://www.socaltech.com/calendar/eventid/24293 November 9, Glendale -- Martin Short in conversation with Steve Martin. Live Talks LA. See http://www.socaltech.com/calendar/eventid/24236 November 12, Thousand Oaks -- Tech Business Mixer. • Meet CTC and 101 Incubator Founders, CEO’s and Joint Venture Partners • Fast pitch introductions • Request for team collaborators • What’s new in Sustainable Business Bring your friends and join CTC for loads of fun, games, great food and drinks (5-6pm early bird specials!) Meet Tech Executives, Entrepreneurs, Inventors, Angel/VC Investors, Joint Venture Partners, Deal Makers and Start Up Mentors. Clean Technology Council has sponsored monthly entrepreneur roundtables since 2010. CTC members and friends see amazing opportunities driven by the convergence of technology, globalization and resources. Our mission is to bring together outstanding business leaders and creative individuals that want to learn, build relationships and operate sustainable businesses. See http://www.socaltech.com/calendar/eventid/24350 November 12, San Diego -- MITEF: Boldly Explore Where No Enterprise Has Gone Before: How Today's Science Fiction Inspires Tomorrow's Innovation. You are an innovator looking for inspiration. The creative, imaginative, and unexpected intrigue you. You are curious to be in the know about the companies in our region that are spearheading commercial developments that were born from the Sci-Fi world, NASA research, and neuroscience exploration. The ability to identify the dots that will be connected 20 years from now is at the top of your list. You want to make a black swan moment happen. THIS is the time and the place. See http://www.socaltech.com/calendar/eventid/24376 November 12, Santa Monica -- Security Panel. Tech in Motion LA's Security Panel will be assessing and addressing security, privacy threats and risks that are now prevalent due to the overwhelming use and reliance on technology devices.. See http://www.socaltech.com/calendar/eventid/24340 November 13, Irvine -- Startups to Success Demos & Drinks Mixer. Tech In Motion. Come see demos from the hottest startups to companies that have experienced success with innovative products and applications! This is a FREE event hosted by Tech in Motion OC - the largest tech meetup in Orange County! This is a great opportunity to not only check out the latest tech but network with the local tech community. RSVP today and join us at the Eureka Building's high-tech outdoor pavilion. See http://www.socaltech.com/calendar/eventid/24352 November 14, Santa Barbara -- Startup Weekend Santa Barbara returns with our biggest event yet! Build a business in 54 hours and network with fellow entrepreneurs and amazing Central Coast Mentors. We are expecting 300+ at our opening night kickoff and celebration! Hope you can join us. See http://www.socaltech.com/calendar/eventid/24368 November 15, Santa Barbara -- Startup Weekend Santa Barbara returns with our biggest event yet! Build a business in 54 hours and network with fellow entrepreneurs and amazing Central Coast Mentors. We are expecting 300+ at our opening night kickoff and celebration! Hope you can join us. See http://www.socaltech.com/calendar/eventid/24369 November 16, Santa Barbara -- Startup Weekend Santa Barbara returns with our biggest event yet! Build a business in 54 hours and network with fellow entrepreneurs and amazing Central Coast Mentors. We are expecting 300+ at our opening night kickoff and celebration! Hope you can join us. See http://www.socaltech.com/calendar/eventid/24370 November 16, Santa Barbara -- Startup Weekend Santa Barbara returns with our biggest event yet! Build a business in 54 hours and network with fellow entrepreneurs and amazing Central Coast Mentors. We are expecting 300+ at our opening night kickoff and celebration! Hope you can join us. See http://www.socaltech.com/calendar/eventid/24371 November 18, Los Angeles -- John Cleese in conversation with Eric Idle. Live Talks LA. See http://www.socaltech.com/calendar/eventid/24233 November 18, Santa Monica -- CoFoundersLab Matchup Santa Monica. CoFoundersLab Matchup Santa Monica is aimed at helping entrepreneurs find co-founders, advisers & interns and to build strong, core founding teams. See http://www.socaltech.com/calendar/eventid/24309 November 19, Beverly Hills -- Join ACGLA for a complimentary evening event for corporate executives! Wednesday, November 19, 5:00PM Montage Beverly Hills. This world class panel, consisting of the leaders in eCommerce, will discuss the latest trends, valuation parameters, and developments in eCommerce. Topics will include: - Middlemarket opportunities - Trends - Industry landscape - Opportunities in Los Angeles - Valuation trends and key paramters - M&A Outlook - Capital sources and uses. Panel includes: David Weissman, Dermastore; John Suh, LegalZoom; Rick Smith, Crosscut Ventures; Brad Meadow, Yandy; Mark Douglas, Steelhouse. Moderated by Ivan Nikhoo, Siemre & Associates. See http://www.socaltech.com/calendar/eventid/24365 November 20, San Diego -- CONNECT's FrameWorks Workshop: Business Aspects of Patents. Intellectual property plays a seminal role in the success of many companies. While adequately protecting innovation is a major economic driver, as with any valuable asset, if it is not properly managed its full potential will not be realized and the company will fail. This program will focus on the role key business factors play in capturing, managing, and exploiting the intellectual property of the company.. See http://www.socaltech.com/calendar/eventid/24377 November 20, San Diego -- The IT Summit San Diego. The IT Summit is the executive technology conference series returning to San Diego for our third annual event on November 20th, 2014. The purpose of the summit is to provide educational and networking resources for the IT leaders in the Southern California area. The conference is driven by an Executive Board of regional IT professionals that directs the content of the educational sessions and sponsor participation. The IT Summit is designed to address the real-world opportunities and challenges faced by today's executives, by facilitating face-to-face interaction and networking among information technology peers. See http://www.socaltech.com/calendar/eventid/24126 ----------------------------------------------------------------------- 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). Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Email sa...@socaltech.com for more information about sponsoring this newsletter. ----------------------------------------------------------------------- You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://www.socaltech.com/unsubscribe.php or email us at customerserv...@socaltech.com ------------------------------------------------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2014 SOCALTECH LLC. 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