socaltech.com TechNews - Wednesday, November 7, 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. Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------------------------------------------------ --Access Scientific Acquired By Private Equity Firm --Targus Buys Sena Cases --EnGenius Ships New Wireless Access Point --DTS Powers New Panasonic Tablet --Broadcom Ships New Quad 10GBASE-T PHY --Kurion Targets Hanford Cleanup Site --BUMP Network Raises $2.3M --Dreamhost Joins Linux Foundation --3D Robotics Gets $5M MARKETPLACE --Turn Your Software App into SaaS in Days! - Nov 1 & 7, La Jolla & Glendale --Safire Partners Executive Search --PwC Emerging Company Zone --Ventura Ventures Technology Center (V2TC) - Business Incubator 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 RECENT FUNDING EVENTS --------------------------------------------------------------------------- Access Scientific Acquired By Private Equity Firm ---- San Diego-based Access Scientific Inc. (ASI) said this morning that it has been acquired by private equity firm Endeavor Capital. Financial terms of the buy were not disclosed. ASI is a developer of devices used for over-wire insertion of sheaths and catheters, used in the healthcare industry. The firm's major product is the POWERWAND, a power-injectable midline IV catheter. Targus Buys Sena Cases ---- Anaheim-based Targus recently announced that it has acquired fellow Orange County laptop case maker Sena Cases. Financial terms of the deal were not disclosed. Sena Cases becomes a wholly owned subsidiary of Targus. SEna is a maker of leather, luxury laptop, smartphone, and tablet cases. Targus was advised by Sikich Investment Banking in the deal. The buy had been announced on October 30th. Sena Cases was based in Irvine. EnGenius Ships New Wireless Access Point ---- Costa Mesa-based EnGenius Technologies has launched a new, dual-band wireless access point, the firm announced today. Engenius said its new product, the EAP600 High-Power Dual-Band N Indoor AP/WDS, provides dual-band 2.4GHz and 5GHZ Wireless-N access, and is aimed at providing coverage to large and multi-story buildings. The new products has a MSRP of $179. EnGenius is a subsidiary of Taiwanese RF semiconductor firm Senao Networks. DTS Powers New Panasonic Tablet ---- Calabasas-based DTS reported this morning that its SRS TruMedia HD audio processing technology has been adopted into a new, Android tablet from Panasonic. Financial impact of the win was not announced. The firm said its SRS TruMedia HD technology is being used as part of Panasonic's new ELUGA Live Android tablet. The DTS technology is there to provide surround-sound and provide a consistent listening volume across content. Broadcom Ships New Quad 10GBASE-T PHY ---- Irvine-based semiconductor manufacturer Broadcom has shipped a new, Quad 10GBASE-T PHY, the company announced this morning. The firm said the transceiver is the second generation of its 10GBASE-T PHYs, and offers up 50 percent lower power in what it says is the industry's smallest footprint. The new chip is targeted for use in Ethernet switches. The company said the BCM84848 PHY is now sampling, with production volumes in the first quarter of 2013. Kurion Targets Hanford Cleanup Site ---- Irvine-based Kurion, the developer of nuclear waste remediation technology, is eyeing a new challenge: cleaning up the notorious Hanford nuclear weapons site, according to a report Tuesday from the Wall Street Journal.mKurion, which saw its first deployment of its technology at the Fukushima nuclear plant in Japan immediately after the Japanese tsunami, apparently is hoping to seal a deal to help clean up the mess at Hanford. (More...) http://online.wsj.com/article/SB10001424052970204349404578100941824318644.html BUMP Network Raises $2.3M ---- San Diego-based BUMP Network, a developer of online software used by membership programs to manage registrations and partnership programs, has raised $2.3M in a funding round, the firm said today. The funding round came from Eric Schmidt via TomorrowVentures, ZIG Capital, Chris Burch via JCB Investments, Moore Venture Partners, La Jolla Holding Co., along with other angels. The firm said the Series B2 financing round brings its total raised to $4.5M. BUMP Network said its customers include large shopping malls and retailers, conference companies, medical services providers, sports companies, and others. The firm is led by Mitch Thrower. BUMP Network looks to be the latest incarnation of BUMP.com, which had originally focused on letting people send messages to drivers on the road based on their license plate. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=46499 Dreamhost Joins Linux Foundation ---- Los Angeles-based cloud and hosting provider Dreamhost has joined the Linux Foundation, the group which supports the Linux operating system, the Foundation said Monday. Dreamhost was one of a number of companies to join the nonprofit, which helps to support the growth of Linux. Deramhost offers up shared hosting, dedicated server hosting, cloud computing, cloud storage, domain name registration, and other services. 3D Robotics Gets $5M ---- San Diego-based 3D Robotics, the developer and supplier of parts and technology for personal unmanned aerial vehicles (UAVs), has raised $5M in funding, from True Ventures and O'Reilly AlphaTech ventures. The firm said Jon Callaghan of True and Bryce Roberts at O'Reilly AlphaTech Ventures have joined the company's board. Chris Anderson, the editor of Wired, recently stepped down from Wired to join the startup full time. The company said it will be hiring more hardware and software engineers in San Diego because of the funding, and will also open up a new office in the Bay Area. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=46498 --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Turn Your Software App into SaaS in Days! - Nov 1 & 7, La Jolla & Glendale 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. Register today at http://www.CorentTech.com! ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners has completed 150+ retained executive searches since 2006 working with emerging businesses in digital media, Internet, eCommerce, software and clean technology across 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 [email protected]. We can also always be a friendly source for investor introductions and general market / compensation intelligence. ------------------------------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 ------------------------------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 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 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 11/06/12 BUMP Network FKA Bump.com $2.3M http://www.socaltech.com/intelligence/?action=showdeal&id=46499 11/06/12 Ambit Biosciences $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46497 11/06/12 3D Robotics $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46498 11/02/12 mSIGNIA $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46436 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 AnyMeeting FKA Freebinar $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46434 11/02/12 Nanoogo $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46435 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 Chewse $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46426 11/01/12 Club W $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46428 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 --------------------------------------------------------------------------- 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 December 6, 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/22915 ----------------------------------------------------------------------- Sponsored by: 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). 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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