socaltech.com TechNews - Tuesday, November 6, 2012
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News
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Sponsored by:

Clearstone Ventures (www.clearstone.com).
Venture capital for innovators.

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Safire Partners (http://www.safirepartners.com).
Los Angeles-based executive search for emerging growth companies

Deloitte LLP (http://www.deloitte.com/us/technology).

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   --A Look At The Mobile Market With Gumiyo's Shuki Lehavi
   --Ambit Biosciences Gets $25M Tranche
   --DTS Powers Acer Smartphones
   --NanoH2O Sets COO
   --Payoff.com Adds Resnick To Board
   --Demand Media Revenues, Profits Up
   --THQ Seeks Buyer As Sales Slip
   --RingRevenue Raises $3.25M
   --JuntoBox Partners With IndieGoGo On Film Crowdfunding
   --Genesis Digital Imaging Acquired By Carestream
   --SkuLoop Acquired By Revionics
   --Hulu Inks Deal With CBS
   --mSIGNIA Looks To Secure Mobile Devices

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   --Ventura Ventures Technology Center (V2TC) - Business Incubator
   --Fetch Recruiting, Inc.

   RECENT JOB POSTINGS
   --Lead Mobile Engineer, Pasadena, Wallaby Financial, Inc.
   --Lead Data Engineer, Pasadena, Wallaby Financial
   --SQL Reporting Analyst, Norwalk, Search Solutions
   --Senior Linux Systems Engineer, Agoura Hills, Search Solutions
   --Senior Perl Developer, Los Angeles or San Francisco, DreamHost
   --Junior Security Engineer, Los Angeles or San Francisco, DreamHost

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   EVENTS

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A Look At The Mobile Market With Gumiyo's Shuki Lehavi
----
What's the best way to get your small or medium sized business online?
And, how do you do that without a huge development budget and time?
Los Angeles-based Gumiyo ( www.gumiyo.com) has been developing mobile
websites for SMBs and publishers for a number of years, and recently
started to offer up self-service tools to make it easy for those
customers to create cross-device mobile websites. (More...)
http://bit.ly/Sqk5th

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Ambit Biosciences Gets $25M Tranche
----
San Diego-based Ambit Biosciences announced this morning that it has
raised $25M in the first tranche of a $50M preferred stock financing.
The round will go towards supporting its lead drug candidate. The
round was led by Orbimed Advisors, and also included Aisling Capital,
Apposite Healthcare, Roche Ventures, GrowthWorks, MedImmune Ventures,
Forward Ventures, GIMV, and Radius Ventures. David Bonita of OrbiMed
joins the company's board as part of the funding. Ambit's lead
candidate is aimed at treating acute myeloid leukemia.
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=46497

DTS Powers Acer Smartphones
----
Calabasas-based DTS, the developer and provider of audio processing
technology, reported today that its technology has been integrated
into new smartphones from Acer. The firm said its DTS Sound technology
is being used in Acer's new E350 and Z110 smartphones. Financial
impact of the win was not disclosed.

NanoH2O Sets COO
----
El Segundo-based NanoH2O, the developer and manufacturer of reverse
osmosis membranes for seawater desalination, has appointed Doug Barnes
as the firm's Chief Operating Officer. Barnes joins the company from
Planar, a developer of digital displays, where he had spent 25 years
running its manufacturing operations. NanoH2O said the move will help
it build the necessary infrastructure to support its expansion
efforts. NanoH2O is commercializing technology developed at UCLA for
reverse osmosis. The company is backed by BASF Venture Capital GmbH,
CalPERS Clean Energy & Technology Fund, Keytone Ventures, Khosla
Ventures, Oak Investment Partners, PCG Clean Energy & Technology Fund,
Rusheen Capital Partners, and Total Energy Ventures International. The
company is headed by technology veteran Jeff Green (Stamps.com,
Archive).

Payoff.com Adds Resnick To Board
----
Payoff.com, the online service which is using gamification to help
consumers pay off credit cards and save for goals, said Monday that
Pandemic Studios co-founder Josh Resnick has joined the company's
board of directors. The Los Angeles company, which is run by Scott
Saunders, said that Resnick is one of the company's seed investors.
Resnick co-founded and was President of Pandemic Studios, which was
sold to Electronic ARts for $860M. He also previously served at
Activision. Payoff's online service provides rewards and encourages
users to meet financial goals.

Demand Media Revenues, Profits Up
----
Demand Media, the online media publishing firm headed by Richard
Rosenblatt, reported record revenues and profitability, the firm said
Monday afternoon, as its released its third quarter results. The
firm's total revenues grew to $98.1M, up 20 percent from Q3 of 2011
when it reported revenues of $81.5M. The firm said it saw a growth of
33% in page views for its owned and operates site, over the similar
quarter last year, as well as a 12% growth in domains. Demand Media
was boosted by its video efforts and its partnership with YouTube,
among other efforts. Demand Media also said it had not been impacted
by the scandal around Lance Armstrong; Demand Media operates
Livestrong.com in a partnership with the Livestrong Foundation.

THQ Seeks Buyer As Sales Slip
----
Agoura Hills-based videogame maker THQ is looking for a buyer, after
reporting less-than-stellar results on Monday afternoon. THQ said it
has hired an investment banker to help it consider "strategic
alternatives", in hopes of raising additional capital to bring a
number of titles to market. The firm said it hired Centerview Partners
to help evaluate "strategic and financing alternatives". The
announcement came as the firm announced net sales of $107.4M for the
three months ended September 30, 2012, down significantly from the
similar quarter last year, when it had $146.0M in revenues. The firm
also reported a net loss of $21.0M. In a release, THQ Chairman and CEO
acknowledged that the game maker "faces a number of opportunities and
challenges" due to needing to operate with limited capital resources.

RingRevenue Raises $3.25M
----
Santa Barbara-based RingRevenue has raised $3.25M in a Series B-2
funding round, according to a regulatory filing by the firm Monday.
The company--which provides call tracking technology for the affiliate
marketing industry--said in the filing that the funds would be used
for working capital. RingRevenue is headed by Jason Spievak. Investors
in the round have not yet been announced, however, the firm has raised
funding in the past from Great Pacific Capital, GRP Partners, and
Rincon Venture Partners.
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=46444

JuntoBox Partners With IndieGoGo On Film Crowdfunding
----
Juntobox Films, the online startup social community focused on
independent filmmakers, and which is chaired by director and actor
Forest Whitaker, said MOnday that it has partnered with online
crowdfunding site indigogo, to help filmmakers get their projects
funded. The two said that JuntoBox Films will create a branded
"Partner Page" on Indiegogo.com, which will give "thousands" of films
on IndieGogo.com access to the services provided by JuntoBox.
Financial details of the partnership were not disclosed. JuntoBox
allows people to vote on different film projects, with the top films
getting a chance to be produced by JuntoBox.

Genesis Digital Imaging Acquired By Carestream
----
Los Angeles-based Genesis Digital Imaging, a developer of imaging
software for the diagnostic imaging systems market, has been acquired
by CareStream, a manufacturer of healthcare imaging, X-ray systems,
and other related products. Financial terms of the buy were not
disclosed. Genesis distributed Carestream's computed radiography (CR)
systems. Carestream is based in New York.

SkuLoop Acquired By Revionics
----
SkuLoop, the online social promotion service headed by Michelle Cranes
and which was backed by Tomorrow Ventures, Founder Collective, SK
telecom, and Saban Capital Group, has been acquired by Revionics , a
provider of merchandising software. According to Revionics, the firm
acquired the SkuLoop business and assets from GIIV, Inc., the parent
firm of SkuLoop. Financial terms of the buy were not disclosed.
SkuLoop's clients included PacSun, Toyota, Paul Frank, 1-800 Flowers,
and others, who used the firm's software to drive flash and daily
deals offers.

Hulu Inks Deal With CBS
----
Hulu announced Monday that it has inked a multi-year license deal with
CBS, to add library content from the network to Hulu Plus. According
to Hulu, CBS content will start appearing on Hulu Plus in January
2013, and will include more than 2,600 episodes of shows such as
"Medium", "Numb3rs" and "CSI: Miami" -- as well as older titles like
"Star Trek", "I Love Lucy", and "The Twilight Zone". The deal also
includes rotation of some of those titles through the free Hulu.com
service. Financial terms of the deal were not disclosed, and the deal
does not include non-library, current CBS episodes.

mSIGNIA Looks To Secure Mobile Devices
----
mSIGNIA, a developer of mobile security tools, has quietly been funded
by the Tech Coast Angels and Gold Hill Capital, it was revealed by the
TCA last week. mSIGNIA, which is based in Irvine, apparently is
looking to help manage the identity of online users, and is targeting
online service providers with mobile applications. The company's
founders are Paul Miller, who was previously COO of SMobile Sytsems
(acquired by Juniper), and also served at Symantec, Gemalto, GTE
Cybertrust, Rainbow Technologies and Printronix, and George Tuvell,
co-founder of SMobile Systems, FedCal, and others. Details on the
funding have not been disclosed, and the firm says on its website it
is working on a "Mobile Service Management" tool which monitors and
manages mobile devices and the apps running on those devices for
entertainment, social and financial application providers.
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=46436

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RECENT JOB POSTINGS
More jobs at http://www.socaltech.com/Jobs
Members post jobs for free

Lead Mobile Engineer, Pasadena, Wallaby Financial, Inc.
http://www.socaltech.com/showjob.php?id=5418

Lead Data Engineer, Pasadena, Wallaby Financial
http://www.socaltech.com/showjob.php?id=5442

SQL Reporting Analyst, Norwalk, Search Solutions
http://www.socaltech.com/showjob.php?id=5441

Senior Linux Systems Engineer, Agoura Hills, Search Solutions
http://www.socaltech.com/showjob.php?id=5440

Senior Perl Developer, Los Angeles or San Francisco, DreamHost
http://www.socaltech.com/showjob.php?id=5438

Junior Security Engineer, Los Angeles or San Francisco, DreamHost
http://www.socaltech.com/showjob.php?id=5437



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RECENT FUNDING SUMMARY

11/06/12 Ambit Biosciences                        $25.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46497

11/02/12 AnyMeeting FKA Freebinar                 $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46434

11/02/12 Garden Organics Inc.                     $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46432

11/02/12 SignNow                                  $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46433

11/02/12 Nanoogo                                  $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46435

11/02/12 mSIGNIA                                  $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46436

11/01/12 TripleThread                             $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46420

11/01/12 Dollar Shave Club                        $9.8M
http://www.socaltech.com/intelligence/?action=showdeal&id=46421

11/01/12 MindBody Software                        $35.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46422

11/01/12 Atara Biotherapeutics                    $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46423

11/01/12 Invested.in                              $0.8M
http://www.socaltech.com/intelligence/?action=showdeal&id=46424

11/01/12 Club W                                   $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46428

11/01/12 Chewse                                   $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46426

10/30/12 Reflexion Health                         $4.3M
http://www.socaltech.com/intelligence/?action=showdeal&id=46162

10/30/12 Rexter                                   $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46171

10/24/12 NantHealth                               $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46105

10/24/12 Health Essentials                        $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46106

10/24/12 Laffster                                 $0.8M
http://www.socaltech.com/intelligence/?action=showdeal&id=46103

10/23/12 Tradesy                                  $1.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=46102

10/22/12 Intelli-Touch                            $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46099

10/18/12 CEBIX INC                                $30.9M
http://www.socaltech.com/intelligence/?action=showdeal&id=45320

10/18/12 Adhoc Labs                               $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=46089

10/16/12 Textplus FKA Gogii                       $18.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45949

10/15/12 Topfloor                                 $6.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45942

10/15/12 Metacloud                                $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45943

10/11/12 Ritani                                   $15.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45935

10/09/12 Anametrix                                $4.4M
http://www.socaltech.com/intelligence/?action=showdeal&id=45846

10/09/12 Lonestar Heart, Inc.                     $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45851

10/09/12 Flud                                     $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=45848



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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

November 7, Westlake Village -- How to Grow your Business in Tough Economic
Times. Celebrate after Election Day at our Clean Technology Council
workshop. Our keynote speaker is Ken Norland. His organization helped
create 67,098 new jobs in 2011.  Ken will present break though strategies
in business planning, staffing and funding…powerful support services you
can use at little or no cost…ways to discover opportunities though mentors
and advisors. See http://www.socaltech.com/calendar/eventid/22885

November 7, Glendale -- Turn Your Software App into SaaS in Days! How do
you turn your software application into a fully operational,
Software-as-a-Service (SaaS), without investing a lot of time, programming
resources, and money into the effort? Corent Technology, the emerging
leader in Software to SaaS transformation is offering a complimentary and
informative breakfast session hosted by IBM at IBM La Jolla office on Nov.
1 and IBM Glendale office Nov 7, both from 8:30-10:00. Corent's software
enables practically any Software Application to become a fully operational
SaaS in just days with flexibility to run on ANY Cloud including IBM,
Azure, Amazon, and Rackspace to name a few. Corent was named the 2012
Cloud Product of the Year at the High Tech Innovation Awards Conference.
Whether you are a software vendor or already offering a SaaS solution you
will benefit from the information shared at this session. See
http://www.socaltech.com/calendar/eventid/22924

November 7, Pomona -- Poly Founders Hosts Travelstrings @ Cal Poly Pomona.
Join Poly Founders as we host Melanie Gin and the co-founders of
Travelstrings for a night of stories, questions, and networking. See
http://www.socaltech.com/calendar/eventid/22908

November 8, Santa Monica -- Enhancing User Engagement for Faster Growth.
Coloft. You’ve developed your product and you’re ready for growth, or so
you think. Growth preparation is one of the most important steps at any
startup and failing to properly prep for it can have devastating effects.
In this class Sean Ellis, the man behind marketing efforts at Dropbox,
LogMeIn, Lookout and Xobni, will explain how you can experience faster
growth through enhanced user engagement. We’ll be covering fundamentals,
best practises, and tools.. See
http://www.socaltech.com/calendar/eventid/22865

November 13, Santa Monica -- All Things D Co-Executive Editor, Kara Swisher
- Startups Uncensored #32. This Month's Startups Uncensored will feature a
Fireside Chat with All Things Digital Co-Executive Editor, Kara Swisher
and Docstoc CEO, Jason Nazar.    Kara Swisher started covering digital
issues for The Wall Street Journal’s San Francisco bureau in 1997. Her
column BoomTown originally appeared on the front page of the Marketplace
section and also online at WSJ.com. See
http://www.socaltech.com/calendar/eventid/22926

November 13, Costa Mesa -- PMI-OC November 2012 Dinner Meeting. Mike
Sanders, PMP and IT Manager at Southern California Edison, will discuss
multitasking in today’s fast-paced work environment at the Nov. 13, 2012,
meeting of the Project Management Institute’s Orange County Chapter.
Sanders will discuss how multitasking works, what it can do for you, and
what it can do to you.  He also will present proven methods and tools to
improve task performance and measurements for advanced multitasking or
“powertasking.”. See http://www.socaltech.com/calendar/eventid/22921

November 13, Santa Monica -- iOS Development. Coloft. Want to learn how to
make iOS apps from scratch? If so, this hands-on 4 day training course is
for you. This comprehensive course is instructed by veteran iOS expert
Justin Junda (more about Justin at the bottom of this page).  During the 4
day course (9AM-5PM) you will learn iOS programming through step-by-step
instructions and many hands-on exercises. We’ll be using XCode 4. See
http://www.socaltech.com/calendar/eventid/22866

November 14, Costa Mesa -- Private Equity Buyouts Making a Comeback!
OCTANe. Who is doing deals? How are they getting done? And what are the
advantages of partnering with the right firms?
Please join us as we discuss current M&A activity, hot sectors, deal
valuations, the availability of deal financing and the advantages of
partnering with a private equity fund. See
http://www.socaltech.com/calendar/eventid/22784

November 16, Santa Monica -- Next Generation Entrepreneurship & Global
Crowdfunding Forum. The Forum is an unprecedented and exclusive gathering
of active entrepreneurs, angel investors, VCs, accelerators, and
crowdfunding experts. This dynamic and high-powered group will discuss
current trends shaping the future of entrepreneurship, and brainstorm
around crowdfunding and the best financing solutions for innovative
startups and emerging ventures. Please note that the format of the Forum
is highly interactive, so we’ve structured the program to be fast-paced,
fat-free, and high impact, with no accommodation for long speeches and
sleep-inducing PowerPoint presentations. In fact, most of the sessions
will move quickly from brief introductions into an active and open
dialogue in Q&A format to engage all participants.   In short, this should
be a lot of fun! Plus we all want to walk away with not only valuable
insights and business contacts, but also real actionable solutions that we
can use to advance new ventures immediately.. See
http://www.socaltech.com/calendar/eventid/22843

November 16, Santa Monica -- Startup Weekend Los Angeles. Ever wondered
what it takes to be an entrepreneur? The professional and personal
challenges, the high and lows, the failures and the success? Startup
Weekend is a global grassroots movement of active and empowered
entrepreneurs who are learning the basics of founding startups and
launching successful ventures. It is the largest community of passionate
entrepreneurs with over 400 past events in 100 countries around the world
in 2011. See http://www.socaltech.com/calendar/eventid/22870

November 17, Pasadena -- TEDxPasadena. Experience an inspirational TED
Event focused on creating an invigorating, purposeful life at TEDxPasadena
Salon. Following up on our successful inaugural event last Fall,
TEDxPasadena presents its first Salon focusing on “Living a Life of
Purpose” where we’ll explore the power of possibility for individuals,
groups, and communities. TEDxPasadena Salon will address three critical
aspects of purpose: INTENT, CHOICE, and FOCUS. This engaging and
interactive event will include Live Speakers, TED Talks, and Experiential
Events; all addressing the connection between who we are and who we can
become. See http://www.socaltech.com/calendar/eventid/22918

November 17, Santa Monica -- Startup Weekend Los Angeles. Ever wondered
what it takes to be an entrepreneur? The professional and personal
challenges, the high and lows, the failures and the success? Startup
Weekend is a global grassroots movement of active and empowered
entrepreneurs who are learning the basics of founding startups and
launching successful ventures. It is the largest community of passionate
entrepreneurs with over 400 past events in 100 countries around the world
in 2011. See http://www.socaltech.com/calendar/eventid/22871

November 18, Santa Monica -- Startup Weekend Los Angeles. Ever wondered
what it takes to be an entrepreneur? The professional and personal
challenges, the high and lows, the failures and the success? Startup
Weekend is a global grassroots movement of active and empowered
entrepreneurs who are learning the basics of founding startups and
launching successful ventures. It is the largest community of passionate
entrepreneurs with over 400 past events in 100 countries around the world
in 2011. See http://www.socaltech.com/calendar/eventid/22872

November 27, Irvine -- Venture Science, UCI Calit2. Moving fundamental
research from the lab to the commercial marketplace requires a major team
effort that crosses disciplinary boundaries. Nowhere is "venture science"
more beneficial than at the intersection of science, medicine and
technology. Learn how these bold collaborations are producing innovative
solutions to society's challenges. See
http://www.socaltech.com/calendar/eventid/22912

November 28, Los Angeles -- Startup Venture Summit. For High Growth
Startups Seeking Funding or Partners.
All Stages Welcome: PreLaunch, Early and Mid Stage. Pitch to serious multi
million dollar investors and angels. Hear from successful entrepreneurs who
share their lessons learned. Network with prospective corporate customers
and clients in your market niche. See
http://www.socaltech.com/calendar/eventid/22898

December 1, Santa Monica -- AngelHack Fall 2012 LA. Ready to take your big
idea to the next level? Then join us for LA's next AngelHack, where
winning teams will receive 6-8 weeks of mentorship and be flown into
Silicon Valley for a weekend of events including a Global Demo Day to
A-list investors and media, Site visits to, Google, Facebook, Google
Ventures, VIP dinners, and ragging parties with the Valley startup
community. This is not your typical weekend hackathon! This is the big
leagues! This is AngelHack and you can't afford to miss it. See
http://www.socaltech.com/calendar/eventid/22925

December 5, San Diego -- Global CONNECT Summit. Struggling with access to
capital? Looking for proven tactics to accelerate commercialization of
innovation? Working on local strategies to grow globally and compete
locally? Join the architects of some of the world's leading innovation
ecosystems along with visionaries who are growing clusters in emerging
markets for this annual two day international meeting in San Diego,
California. See http://www.socaltech.com/calendar/eventid/22914



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