socaltech.com TechNews - Monday, July 23, 2012 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Siemer & Associates (http://www.siemer.com) Global Technology Merchant Bankers. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. TriNet (http://www.socaltech.com/trinet) The preferred strategic HR partner for emerging tech companies. ------------------------------------------------------------------------ --Interview with Navid Nobakht, Recmnd.Me --LegalZoom Sets Estimated IPO Pricing Range --LuxeYard Gets Funding --Esri Buys Maptel --Pratt & Whitney Rocketdyne Acquired By GenCorp --THQ Names Production VP --MaxLinear Gets Set-Top Box Wins --Hulu Debuts New Video Player --Warner Bros. TV In Deal With Amazon MARKETPLACE --Crowdfunding Presentation - July 23rd - College of the Canyons --Binary Pulse Technology Marketing. We Create Demand. --Fetch Recruiting, Inc. --TriNet: Top 5 HR Compliance Concerns for Small Business --Ventura Ventures Technology Center (V2TC) - Business Incubator RECENT JOB POSTINGS --System Administrator, Chatsworth, DataDirect Networks --Manufacturing System Test Technician, Chatsworth, DataDirect Networks --Oracle Sr Functional Analyst - Financials, Chatsworth, DataDirect Networks RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- PwC Emerging Company Zone Visit the Emerging Company Zone, sponsored by PricewaterhouseCoopers, for access to the latest MoneyTree venture capital report; thought leadership articles, information on IPOs and more. http://www.socaltech.com/pwc --------------------------------------------------------------------------- Interview with Navid Nobakht, Recmnd.Me ---- As a hiring manager, and as the former CTO of Buy.com, Navid Nobakht, Co-Founder of Recmnd.Me (http://recmnd.me) had a problem--how to really figure out if someone he was hiring could actually executive. We caught up with Navid --one of a number of executives to have recently departed Buy.com after its acquisition a couple of years ago by Rakuten--to hear more about his new startup. Describe what Recmnd.me is all about? Navid Nobakht: We are building an online recommendation system that focuses on social recruiting. The problem (More...) http://www.socaltech.com/interview_with_navid_nobakht_recmnd_me/s-0043964.html --------------------------------------------------------------------------- LegalZoom Sets Estimated IPO Pricing Range ---- Glendale-based LegalZoom has moved one step closer to the public markets, saying in a filing this morning with the SEC that it is now estimating that its initial public offering price will be between $10.00 and $12.00 per share. LegalZoom said it will be offering a total of 8,000,000 shares of its stock -- made up of 3,800,000 shares from the company, and 4,200,000 from its shareholders -- in its IPO. LegalZoom has applied to list as LGZ on the New York Stock Exchange. LegalZoom is venture backed by Kleiner Perkins Caufield & Byers, Polaris Ventures, and others. The company has been among the most talked-about potential IPOs in the local market for years. LuxeYard Gets Funding ---- Los Angeles-based LuxeYard, which operates a flash sales site focused on home furnishing and decor, said today that it has scored what it says is its first round of funding, to help expand in India. The company--which now is listed on the OTC markets--did not disclose the amount of funding, but said the funds came from Indian e-commerce entrepreneur Sashi Chimala, and local Los Angeles developer REGARD Venture Solutions. REGARD is the software incubator and development firm headed by Steve Beauregard. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=43929 Esri Buys Maptel ---- Redland-based Esri, the developer of mapping and GIS software, said Friday that it has acquired Maptel, a mobile application development company based in Melbourne, Australia. Financial terms of the buy were not disclosed. Esri said the buy will help provide field data collection capabilities and mobile application development expertise to its team. Maptel will remain in Melbourne, Australia. Maptel apparently has been developing applications which connect with Esri's tools for a number of years. Pratt & Whitney Rocketdyne Acquired By GenCorp ---- Canoga Park-based Pratt & Whitney Rocketdyne, the aerospace and defense manufacturer which develops rocket propulsion and engine systems, has been acquired by GenCorp in a deal worth $550M, the firms said this morning. GenCorp is acquiring Pratt & Whitney Rocketdyne from United Technologies Corporation. Pratt & Whitney supplies a range of systems to the government and commercial markets, including the main engines for the Atlas and Delta launch vehicles. THQ Names Production VP ---- Agoura Hills-based THQ announced this morning that it has named Ron Moravek as its new Executive Vice President, Production. Moravek is the former co-founder and COO of Relic Entertainment, which he sold to THQ in 2004. He also served at Electronics Arts, Canada, and most recently was a senior advisor to security firm NuCaptcha. MaxLinear Gets Set-Top Box Wins ---- Carlsbad-based MaxLinear, the supplier of radio frequency and mixed-signal integrated circuits, reported this morning that it has now has more than 40 confirmed design wins for its silicon TV tuner. The firm said the wins come for its MXL603 product, which is used for set-top box designs. MaxLinear did not say what kind of volume those wins translate into for its product, which is used for decoding digital TV signals. Hulu Debuts New Video Player ---- Los Angeles-based video site Hulu rolled out its new video player on Saturday, saying that it now includes such features as a 10-second rewind, new pause features, browsing videos inside the player without stopping what you're watching, and more. Hulu said the update provides a "friendlier interface" for users. Warner Bros. TV In Deal With Amazon ---- Burbank-based Warner Bros. domestic Television Distribution, the arm of Warner Bros. which handles distribution to the domestic television marketplace, has inked a digital video license agreement with Amazon.com. According to Amazon Friday, the deal will bring a number of popular TV shows, including Fringe and The West Wing, to its Amazon Prime Instant Video service, as well as the Kindle Fire. Financial details of the licensing deal were not announced. Amazon has been slowly growing its catalog of titles on its video streaming service. As part of the agreement, Amazon said that Fringe and The West Wing will be exclusively available for the summer on its service. Other titles covered by the agreement include Dark Blue, Alcatraz, and The Whole Truth. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Crowdfunding Presentation - July 23rd - College of the Canyons Crowdfunding Presentation with Stubbs Alderton & Markiles, LLP Join us for an indepth presentation on Crowdfunding When: Monday, July 23 at 3pm Where: University Center at College of the Canyons Price: Free (Sponsored by the SBDC) Register: http://tinyurl.com/7wh9yry This presentation will provide an update on the latest developments in crowdfunding, including: The implications to crowdfunding from the JOBS Act How small businesses can use crowdfunding to raise funds for their business Some of the restrictions and potential advantages and pitfalls of crowdfunding SBDC and Stubbs Alderton & Markiles, LLP are pleased to announce that attorney Ryan Azlein will be our featured speaker. Register online at: http://tinyurl.com/7wh9yry or call 661-362-5900 or email at [email protected] ------------------------------ADVERTISEMENT------------------------------- Binary Pulse Technology Marketing. We Create Demand. Binary Pulse Technology Marketing We Create Demand for California's Technology Companies For more than ten years, dozens of Southern California's industry-leading tech firms have turned to Binary Pulse for their demand-generating strategies and programs. Our services include: -- Demand Generation Planning and Execution -- Channel Program Development -- Lead Capture and Management -- Web Site Development & Search Engine Marketing -- Corporate and Product Branding -- Online Integration Strategies -- Reseller Recruitment -- Multimedia Presentations -- Social Media Marketing Please visit us at http://www.binarypulse.com to learn more or give us a call at 949-336-7400. ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------ADVERTISEMENT------------------------------- TriNet: Top 5 HR Compliance Concerns for Small Business As the economic horizon continues to shift and belts tighten, small and medium sized companies — who typically have between 10 to 500 employees and represent 99.7 percent of all employer firms according to the U.S. Small Business Administration (SBA) — may wind up being so focused on core business issues that they overlook one of their most potentially serious and costly issues — human resource compliance. Unlike their large-company counterparts, they lack the time and resources to build infrastructure and processes that are beyond core business objectives. But if entrepreneurs and smaller business owners are focused solely on growth and product, how do they know what issues to look for in order to protect the company? This is a must-read paper that discusses the top 5 HR compliance issues they may face. Download at: http://www.socaltech.com/trinet/wp.php?id=5 ------------------------------ADVERTISEMENT------------------------------- Ventura Ventures Technology Center (V2TC) - Business Incubator The Ventura Ventures Technology Center (V2TC) is a high-tech business incubator located in downtown Ventura, CA. V2TC offers a creative environment where high-tech start-ups and entrepreneurs can network, brainstorm, and grow their business. Work-spaces are affordable, flexible and scalable in order to allow companies the ability to manage their growth effectively and efficiently. Learn more at http://www.v2tc.com ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free System Administrator, Chatsworth, DataDirect Networks http://www.socaltech.com/showjob.php?id=5386 SalesForce.com Administrator, Sunnyvale, DataDirect Networks http://www.socaltech.com/showjob.php?id=5385 Manufacturing System Test Technician, Chatsworth, DataDirect Networks http://www.socaltech.com/showjob.php?id=5384 Oracle Sr Functional Analyst - Financials, Chatsworth, DataDirect Networks http://www.socaltech.com/showjob.php?id=5383 RMA Manager, Chatsworth, DataDirect Networks http://www.socaltech.com/showjob.php?id=5382 Production Test Engineer, Chatsworth, DataDirect Networks http://www.socaltech.com/showjob.php?id=5381 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 07/19/12 MOVIECLIPS, INC. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=44139 07/18/12 Retention Science $1.3M http://www.socaltech.com/intelligence/?action=showdeal&id=44060 07/16/12 Tealium Inc. $10.5M http://www.socaltech.com/intelligence/?action=showdeal&id=44042 07/12/12 POPTENT INC $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=43964 07/11/12 ValCare $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43669 07/11/12 SteelHouse $8.3M http://www.socaltech.com/intelligence/?action=showdeal&id=43670 07/11/12 StackSocial $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43674 07/11/12 MiCardia $4.4M http://www.socaltech.com/intelligence/?action=showdeal&id=43098 07/10/12 Zumbox $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43641 07/09/12 BIOSURPLUS, INC. $2.4M http://www.socaltech.com/intelligence/?action=showdeal&id=43614 06/29/12 Sonendo, Inc. $9.2M http://www.socaltech.com/intelligence/?action=showdeal&id=43467 06/28/12 DogVacay $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43459 06/28/12 Kuapay $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43466 06/27/12 Chill FKA Namesake $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43455 06/26/12 Big Frame $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=43450 06/26/12 Rally.org $7.9M http://www.socaltech.com/intelligence/?action=showdeal&id=43449 --------------------------------------------------------------------------- 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 July 23, Redondo Beach -- The Who,What,When,Where & How of Blogging. Why Blog? What to Blog About Which platforms to use * Tumblr * Blogger * Wordpress * Posterous Domain Options RSS Feed Options Managin Comments Who is reading your blog? * Analytics (Google Analytics, Chartbeat) Promoting Your Blog * Facebook * Twitter * Youtube * Viddy/SocialCam And other topics. Email [email protected]. See http://www.socaltech.com/calendar/eventid/22609 July 23, Santa Clarita -- Crowdfunding Presentation with Stubbs Alderton & Markiles, LLP. Join us for an indepth presentation on Crowdfunding. This presentation will provide an update on the latest developments in crowdfunding, including: The implications to crowdfunding from the JOBS Act; How small businesses can use crowdfunding to raise funds for their business; Some of the restrictions and potential advantages and pitfalls of crowdfunding. SBDC and Stubbs Alderton & Markiles, LLP are pleased to announce that attorney Ryan Azlein will be our featured speaker. See http://www.socaltech.com/calendar/eventid/22634 July 23, Irvine -- Tech Coast Angels Open Forum. Listen to Angels, Investors, Venture Capitalists and Catalysts and what they have to say about investing and being investor ready. Pitch your business, idea or concept through live video feed and hear feedback from industry veterans. Ask questions and learn. Special Guest, Richard Koffler. See http://www.socaltech.com/calendar/eventid/22632 July 24, San Diego -- The Tech Coast Angels presents MEET THE ANGELS. Are you thinking about starting your own company or in the early stages? The Tech Coast Angels invites San Diego's up and coming entrepreneurs to "Meet the Angels" that can help you make your dream come true. Hosted by Sheppard Mullin, this evening is an incredible opportunity for entrepreneurs to connect with local angel investors before starting on this journey. This exclusive evening will also serve as the official location to announce the details of the annual San Diego Tech Coast Angels Quick Pitch Competition; one of the nation's best Angel investment events. See https://www.cvent.com/events/meet-the-angels/registration-d31686c4fff849f4a6b8af7c4049568a.aspx. See http://www.socaltech.com/calendar/eventid/22587 July 25, Santa Monica Los Angeles -- LA Ad Tech Happy Hour. Come hang out with the Ad Tech community in Los Angeles for a no-host happy hour. If you geek out over the Ad Tech, OMMA & Digiday conferences, this is for you. If you print LUMA Partners' lumascapes to hang on your wall, this is for you. If you hang on Mary Meeker's every word, this is for you. If you quote eMarketer's estimates in your sleep, this is for you. If you just want to grab a drink with casual peeps in the middle of Summer, this is for you. See http://www.socaltech.com/calendar/eventid/22619 July 25, Santa Clarita -- Rock Star Marketing. You have this epic product (or idea). It's like totally going to totally disrupt the universe. But the only people that know about it are you and your mom in your basement. Marketing is at the core of everything. You market to investors. You market to vendors. You market to your employees and you market to recruit the best employees. And of course you market to customers. If it's so important, why do we suck at it? I've asked a marketing expert...a ROCK STAR on marketing...to come and spend some time with us and teach us how to become Rock Star marketers in our space. See http://www.socaltech.com/calendar/eventid/22602 July 26, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, dealmakers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases attractive firms needing growth capital. View products, videos, on-line demos. See http://www.socaltech.com/calendar/eventid/22630 July 26, Los Angeles Westside -- Growth Capital Conference. Network with capital sources,advisors,dealmakers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases attractive firms needing growth capital. View products, videos, online demos. Hot Networking Breakfast at 7:00 AM sharp. See http://www.socaltech.com/calendar/eventid/22492 July 26, Redondo Beach -- Social Media School - Beginners. It's time to learn about social media and how it can assist you in your personal and professional life. Email [email protected]. See http://www.socaltech.com/calendar/eventid/22610 July 26, Santa Monica -- Silicon Beach Tech Crawl. Take a tour of some of the hottest Silicon Beach tech companies. Sponsored by TZ, ParkMe, GumGum, and others. See http://www.socaltech.com/calendar/eventid/22624 July 26, Altadena -- Co-Founders Wanted of Los Angeles. The purpose of this inperson Meetup is to help you find a co-founder for your business or help you find a business to join as a co-founder. See http://www.socaltech.com/calendar/eventid/22571 August 1, Santa Monica -- Santa Monica Media Leaders Networking Event. Mingle and chat about all things tech, marketing and advertisin. See http://www.socaltech.com/calendar/eventid/22633 August 1, San Diego -- MIT Enterprise Forum, Wine Social. The MIT Enterprise Forum San Diego signature wine social, held annually, is widely recognized as the premier networking event for San Diego's technology and biotechnology community. See http://www.socaltech.com/calendar/eventid/22597 August 1, Santa Monica -- Next MediaLeaders Networking Event. Hey there MediaLeaders. Summer is officially here and we’re hosting a Santa Monica networking event at the Sonoma Wine Garden to celebrate this great weather. This spacious venue has tons of outdoor seating and lots of areas to mingle and chat about all things tech, marketing and advertising. If you look close…you can see the Santa Monica beach from the balcony. See http://www.socaltech.com/calendar/eventid/22590 August 2, Santa Monica -- LA CEOs presents: Scrum for CEOs - How to Manage Teams in a 2.0 World. Does your development team need “just two more weeks” to deliver their work? Was that the same answer they gave two months ago? How does the Scrum process change team collaboration and accelerate development? Learn from one of our very own LA CEOs, Bill Sewell, about his team’s experience with Scrum, which began with training from with Master Scrum Trainer Scott Downey. This event is restricted to CEOs only of product companies with a minimum of $2million in funding or revenue.. See http://www.socaltech.com/calendar/eventid/22631 August 2, Calabasas -- 9th Annual Summer Social for the electronics industry at the World Famous Sagebrush Cantina. This event typically draws 150+ and is always a lot of fun reuniting old friends and making new ones~! All distributors, mfrs. reps, OEM's and anyone related to the electronics industry here in So. California. Email [email protected]. See http://www.socaltech.com/calendar/eventid/22620 August 7, Westlake Village -- Los Angeles Clean Technology Council Conference. Our keynote speaker is Tom McGrath, Founder of LABS Renewable Energy. Tom will present "A Disruptive Technology-Converting Waste Into Energy With Fuel Cells.. See http://www.socaltech.com/calendar/eventid/22629 August 14, Santa Monica -- LAVA's Annual Venture Capital Panel. Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Find out what does it take to secure Venture Capital for your company. Learn about the hottest trends and the mistakes NOT to make. Moderator: Jon Funk, Founder, Ocean Road Partners. Confirmed Panelists: Jim Andelman, Managing Partner, Rincon Venture Partners; David Casares, Principal, Vicente Capital Partners; Dana Settle, Partner, Greycroft Partners. See http://www.socaltech.com/calendar/eventid/22627 ----------------------------------------------------------------------- Sponsored by: Rustic Canyon Partners (www.rusticcanyon.com). Funding great entrepreneurs. Clearstone Ventures (www.clearstone.com). Venture capital for innovators. 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. Deloitte LLP (http://www.deloitte.com/us/technology). Siemer & Associates (http://www.siemer.com) Global Technology Merchant Bankers. TriNet (http://www.socaltech.com/trinet) The HR outsourcing partner for emerging tech companies. Fetch Recruiting, Inc. (www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies Email [email protected] 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 [email protected] ------------------------------------------------------------------------ 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) 2012 SOCALTECH LLC. 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