socaltech.com TechNews - Wednesday, April 3, 2013 http://www.socaltech.com/News Edited by Benjamin F. Kuo ------------------------------------------------------------------------ Sponsored by:
Clearstone Ventures (www.clearstone.com). Venture capital for innovators. 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. Key info (http://www.keyinfo.com) We build private cloud architectures ------------------------------------------------------------------------ --Tealium Gets $15.6M In Third Funding Round --Esri Ties With Geofeedia --Mindspeed Slashes Outlook --Obagi, Valeant Raise Price As Bidding War Breaks Out --Science's Mike Macadaan: What I Learned From Redesigning MySpace --YouMail Looks To Purge Inactive Users --DailyLook Uncovers $2.5M For Fast Fashion --TakeLessons Sees Jump In Music Lesson Interest --Obagi Gets Competing Buyout Offer --Algenetix Scores $2M For Renewable Fuels Technology --OneHealth Raises $9M For Patient Health Technology --Hello Society Takes On Pinterest Marketing MARKETPLACE --TechCXO - New Los Angeles Office To Serve Technology Companies --SoCal IP Law Group LLP --TVC Capital LLC --Fetch Recruiting, Inc. --PwC Emerging Company Zone RECENT JOB POSTINGS --Junior Software Developer, Burbank, Condusiv Technologies --Principal Software Engineer (Networking), Burbank, Condusiv Technologies RECENT FUNDING EVENTS --------------------------------------------------------------------------- Tealium Gets $15.6M In Third Funding Round ---- San Diego-based Tealium, the developer of tag management software headed by Ali Behnam, has raised $15.6M (More...) http://www.socaltech.com/intelligence/index.php?action=showdeal&id=49178 Esri Ties With Geofeedia ---- Redland-based geographical information systems and mapping software developer Esri has tied with social media and location analytics firm Geofeedia, the two announced today. According to the two, the deal will help public safety professionals monitor, analyze, and visualize live emergency data in real time. Financial details of the link were not disclosed. Geofeedia's service pulls in social data from such sites as Twitter, Instagram, Flickr, YouTube, and elsewhere, and overlays them in the context of a visual map. Esri said the link will allow the "mash up" of that social data with other information such as public safety assets, city infrastructure, utility networks, hazardous materials, demographic data, and more. Mindspeed Slashes Outlook ---- Newport Beach-based semiconductor maker Mindspeed Technologies announced this morning that it has revised its second quarter 2013 outlook. The publicly held firm said it now expects total net product revenue to be approximately $35.1 to $35.5M, down from an earlier estimate of $38.4M. Mindspeed blamed the steep revenue shortfall on slower-than-expected deployment of 3G small cell base stations. Obagi, Valeant Raise Price As Bidding War Breaks Out ---- Long Beach-based aesthetic medicine developer Obagi Medical Products, and would-be acquirer Valeant Pharmaceuticals, which is based in Aliso Viejo, said this morning that Valeant has raised its offer to acquire Obagi to $24.00 per share in cash. The move comes a day after Obagi said it received an unsolicited bid of $22.00 per share in cash from Merz Pharma from the company. Obagi said its board of directors has unanimously approved the amended transaction. The two had earlier reached a deal for Valeant to pay $19.75 per share in cash for the company. Science's Mike Macadaan: What I Learned From Redesigning MySpace ---- Before MySpace had Justin Timberlake, there was Mike Macadaan. Macadaan shared what he learned from his experience redesigning MySpace in 2009, and how that's helping to shape what he's doing--along with the rest of the team at LA technology incubator/studio Science Inc.. (More...) http://bit.ly/14LPh0u YouMail Looks To Purge Inactive Users ---- YouMail, the enhanced voicemail and voicemail application developer, is looking to purge out a backlog of inactive users, saying Tuesday that it has revised its terms of service to make it easier for the company to delete users who haven't used the service recently. (More...) http://bit.ly/16ul57W DailyLook Uncovers $2.5M For Fast Fashion ---- Are you a fashion startup? It looks like Los Angeles has become the hotbed of new fashion and e-commerce startups, with the latest being DailyLook, which disclosed Tuesday that it has raised $2.5M in a funding round, from GRP Partners, RRE Ventures, SV Angel, Novel TMT Ventures, Matt Coffin, Thomas Mclnerney, and Rachel Zoe. The startup focuses on "looks", letting consumers find a complete collection of clothing--blazers, dresses, jackets, lingerie, shorts, shoes, bags, purses, belts, and more--which all complement a specific "look" that a consumer might want to adopt. The startup is headed by Brian Ree. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=49521 TakeLessons Sees Jump In Music Lesson Interest ---- Need to find a ukulele or blues harmonica teacher? San Diego-based TakeLessons, the online marketplace for music lessons, said that it is seeing a jump in interest in the firm's marketplace for online music lessons. The startup--which is backed by Triangle Peak Partners, Siemer Ventures, Crosslink Capital, and SoftTech VC--said it has seen a 124 percent increase in the number of people who are taking music lessons through its online marketplace. (More...) http://bit.ly/Z4y5Sq Obagi Gets Competing Buyout Offer ---- Long Beach-based aesthetic medicine firm Obagi Medical Products--which just agreed to a $360M buyout offer from Valeant Pharmaceuticals, said it has just received a competing, unsolicited buyout offer from Merz Pharma. Obagi Medical said that Merz Pharma is offering $22 per share in cash to acquire the company. Valeant's earlier offer is worth $19.75 per share in cash. Obagi said it would be evaluating the offer from Merz Pharma. Algenetix Scores $2M For Renewable Fuels Technology ---- San Diego-based Algenetix, a startup, industrial biotechnology firm, announced Tuesday morning that it has raised $2.0M in a Series A-1 funding. The firm said it is developing technology which improves the oil productivity in microbes, for the renewable oil industry. The funding came from Two Oceans, Finistere Ventures, and other local San Diego investors. Algenetix is an offshoot of Kapyon Ventures. Algenetix is led by Han Chen; the firm's technology is being developed in partnership with Dr. Janet Donaldson at Mississippi State University. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=49517 OneHealth Raises $9M For Patient Health Technology ---- Solana Beach-based OneHealth, a developer of technology-based patient health services, said today that it has raised $9M in a Series B funding round. The funding was led by Lemhi Ventures. OneHealth says it uses game mechanics, social networking, peer support communities and clinical protocols to help patients manage their own health and medical conditions. The firm is led by Bruce Springer. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=49516 Hello Society Takes On Pinterest Marketing ---- Remember Hello Insights, the Pinterest analytics and measurement tool out of Los Angeles startup incubator Science Inc.? Well, the firm has transformed itself into Hello Society, a marketing agency for brands, expanding out its offerings from just analytics tools to include a full suite of services around Pinterest. (More...) http://bit.ly/Xbb6Se --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- TechCXO - New Los Angeles Office To Serve Technology Companies TechCXO, a leading provider of C-Suite-level strategic and functional consulting services for technology companies, has announced it is opening a new office to serve Greater Los Angeles, including greater Santa Barbara and Ventura Counties. The firm has tapped veteran operational and financial expert Paul Meyer to be the managing partner for TechCXO’s efforts here.Paul Meyer is an experienced finance executive with a 25-year track record in senior finance roles at start-up and Fortune 500 technology companies in Southern California. For the past six years, he has run a successful CFO consulting practice, focused on early stage to mid-market technology companies in the greater Santa Barbara and Ventura County areas. Most recently, he has been the CFO of Cynvenio Biosystems, Inc., an early stage medical device company. He was also Interim General Manager of their plastic consumables manufacturing business, BioMolded Products LLC. To learn more about TechCXO and Paul Meyer, go to: http://www.techcxo.com/partner/paul-meyer/ ------------------------------ADVERTISEMENT------------------------------- SoCal IP Law Group LLP Serving the IP Needs of Businesses: IP Litigation . IP Counsel . IP Transactions . Patent & Trademark Prosecution Westlake Village . Santa Barbara . Irvine. 805-230-1350 [email protected] http://www.socalip.com ------------------------------ADVERTISEMENT------------------------------- TVC Capital LLC TVC Capital LLC (www.tvccapital.com) Investments in and Acquisitions of Growing Software Companies ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Junior Software Developer, Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5484 Principal Software Engineer (Networking), Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5467 Software Architect (Web Back-End), Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5475 Software Architect (VMware), Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5474 Configuration Management Build Engineer, Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5473 Software Architect (Linux), Burbank, Condusiv Technologies http://www.socaltech.com/showjob.php?id=5472 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 04/02/13 DailyLook $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=49521 04/02/13 Algenetix $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49517 04/02/13 OneHealth $9.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49516 04/01/13 Wemo Media $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=49339 04/01/13 Proximal Data, Inc. $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49338 03/28/13 Playdek, Inc. $3.8M http://www.socaltech.com/intelligence/?action=showdeal&id=49335 03/27/13 eSolar $12.8M http://www.socaltech.com/intelligence/?action=showdeal&id=49294 03/26/13 ZeaKal $3.8M http://www.socaltech.com/intelligence/?action=showdeal&id=49288 03/26/13 EmiSense $6.5M http://www.socaltech.com/intelligence/?action=showdeal&id=49287 03/21/13 Apmetrix $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49223 03/19/13 Rexter $1.5M http://www.socaltech.com/intelligence/?action=showdeal&id=49200 03/18/13 Gigit $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49196 03/18/13 Divshot $1.1M http://www.socaltech.com/intelligence/?action=showdeal&id=49194 03/13/13 HG Data Company $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49158 03/11/13 FreshRealm $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49091 03/07/13 Visualnet.com $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49029 03/06/13 Beats Electronics $60.0M http://www.socaltech.com/intelligence/?action=showdeal&id=49017 03/05/13 Cheerful, inc. (Cheers) $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=48995 03/05/13 Carolus Therapeutics $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=48992 03/05/13 Epoxy $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=48991 03/05/13 FindTheBest.com $11.0M http://www.socaltech.com/intelligence/?action=showdeal&id=48990 --------------------------------------------------------------------------- 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 April 4, Santa Monica -- LA CEOs presents: Social + Local + Mobile Marketing Just as smartphones have forever changed the way consumers engage with the world around them, the way brands engage and attract their most valuable customers has changed. Rob Reed, CEO MomentFeed, will dicsuss the importance of accurate latitude/longitudes. It's an overlooked piece of data that very few (including Walmart) realize how important it is for locating their stores...or whatever you want to locate these days. A key component in connecting, bridging the technology fragmentation divide and making Social + Local + Mobile marketing a scalable reality. This event is restricted to CEOs only. . See http://www.socaltech.com/calendar/eventid/23293 April 4, Santa Monica -- Karlin Ventures Community Office Hours. Interested in receiving feedback on your start-up idea or simply want to chat about your experience running a company? Karlin Ventures invites you our new community office hours, an exciting new initiative launched in conjunction with the ROC in Santa Monica.. See http://www.socaltech.com/calendar/eventid/23203 April 4, Newport Beach -- OCTANe Firsty 4/4/2013. Join the OCTANe community and the CHI network at Tommy Bahamas in Newport Beach for Firsty on April 4. Network with over 200 people and meet members of the organization that focuses on fueling innovation in the OC and the organization that is devoted to advancing biomedical research and innovation. See http://www.socaltech.com/calendar/eventid/23284 April 4, Agoura Hills -- Key Growth Industries Along the 101 Corridor: What Makes Them Different? Gold Coast Business Forum presents a panel of representatives from technology, life science and aerospace companies who will give an overview of the growth these industries are experiencing along the 101 Corridor and what can be learned by these companies and their experience with recent growth.. See http://www.socaltech.com/calendar/eventid/23287 April 4, Los Angeles -- STARTUP CINEMA: Sales Movie Night. We're holding an event for LA salespeople in tech. The purpose of the event is to introduce salespeople to the tech community and to help salespeople already in the tech community advance their careers. We're ending the event with a screening of the classic sales movie, Glengarry Glen Ross. If you don't know this movie, you're probably in customer service, engineering or wildlife preservation -- i.e. not in sales. You'll walk away from this event with at least some more cinema knowledge, and at best, a better salesperson. See http://www.socaltech.com/calendar/eventid/23304 April 5, Los Angeles -- ThursdayNights LA Service Day/ When was the last time you went out to do some good 'ol community service? ThursdayNights is partnering with local tech incubators and organizations for a BIG LA Tech Service Day on April 5. Shut your doors down early and bring the team out to help some at risk youth. Then we'll all celebrate with happy hour!. See http://www.socaltech.com/calendar/eventid/23189 April 9, Walnut -- NextGen Challenge OC Spectator - Finals @ Chapman. The NextGen ChallengeOC is a multi-round pitch competition open to entrepreneurs seeking funding with a focus on not only exposure to potential funding partners and cash prize, but preparing to successfully launch and grow. Have you ever thought about starting a business? Have you started a business and need a mentor or advice to prevent you from making basic mistakes? Do you have a business ready to move to the next level but need capital? NextGen Challenge OC, the signature event for Startup Orange County (the OC Chapter of Startup America), is making a call for entrepreneurs to enter the competition. See http://www.socaltech.com/calendar/eventid/23265 April 10, Costa Mesa -- Using Electronic Health Data to Address Questions of Clinical Utility and Economic Value for Medical Devices. OCTANe. Med Tech companies are facing challenges in commercializing their innovative products and increasingly need to demonstrate clinical utility and economic value to obtain coverage and reimbursement. Providers are assuming greater financial risk for patient care as payers move away from service based reimbursement towards more bundled and population based payments. Electronic health data (medical records, lab information, patient reported outcomes, claims, etc.) are a valuable source of tracking patient outcomes and costs and reporting on quality indicators. See http://www.socaltech.com/calendar/eventid/23278 April 10, Irvine -- SBIR/STTR Grant Development Series. OCTANe and the Henry Samueli School of Engineering (HSSoE) have formed a collaborative partnership in an effort to bring more small business innovation research grants to Orange County and the UCI campus. In addition to HSSoE, UCI participation includes faculty from the Donald Bren School of Information and Computer Sciences, School of Biological Sciences, and School of Physical Sciences. See http://www.socaltech.com/calendar/eventid/23279 April 10, Westlake Village -- Maverick Angels - Southern California Deal Line Up. See http://www.socaltech.com/calendar/eventid/23095 April 18, Los Angeles -- DMW Games. DMW Games, formerly known as LA Games Conference, is an expanded two-day DMW Conference and will feature 3 tracks with fireside chats, panels, demos and presentations on digital game creation, distribution, monetization and marketing. Over 700 leaders in the industry will gather at the DMW'S Annual Games Conference to network, do deals, and share ideas about the future of games and connected entertainment. Participants include top representatives from game publishers, developers, advertising, investment firms, social networks, technology providers and content companies as well as analysts and press. See http://dmwgames.com/ . See http://www.socaltech.com/calendar/eventid/22975 April 18, Los Angeles -- DMW Games. DMW Games, formerly known as LA Games Conference, is an expanded two-day DMW Conference and will feature 2 tracks with fireside chats, panels, demos and presentations on digital game creation, distribution, monetization and marketing. Over 500 leaders in the industry will gather at the DMW'S Annual Games Conference to network, do deals, and share ideas about the future of games and connected entertainment. Participants include top representatives from game publishers, developers, advertising, investment firms, social networks, technology providers and content companies as well as analysts and press. See http://www.socaltech.com/calendar/eventid/23244 April 19, Los Angeles -- DMW Games. DMW Games, formerly known as LA Games Conference, is an expanded two-day DMW Conference and will feature 3 tracks with fireside chats, panels, demos and presentations on digital game creation, distribution, monetization and marketing. Over 700 leaders in the industry will gather at the DMW'S Annual Games Conference to network, do deals, and share ideas about the future of games and connected entertainment. Participants include top representatives from game publishers, developers, advertising, investment firms, social networks, technology providers and content companies as well as analysts and press. See http://dmwgames.com/ . See http://www.socaltech.com/calendar/eventid/22976 April 19, Los Angeles -- DMW Games. DMW Games, formerly known as LA Games Conference, is an expanded two-day DMW Conference and will feature 2 tracks with fireside chats, panels, demos and presentations on digital game creation, distribution, monetization and marketing. Over 500 leaders in the industry will gather at the DMW'S Annual Games Conference to network, do deals, and share ideas about the future of games and connected entertainment. Participants include top representatives from game publishers, developers, advertising, investment firms, social networks, technology providers and content companies as well as analysts and press. See http://www.socaltech.com/calendar/eventid/23245 April 25, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases attractive firms needing growth capital. View products, videos, online demos. See http://www.socaltech.com/calendar/eventid/23226 April 25, Costa Mesa -- Making Strategic Partnerships & Acquisitions Successful: What You Need to Know. OCTANe. Burton M. Goldfield knows a few things about strategic acquisitions. In the past three years, his company, TriNet, has made four very strategic acquisitions and quadrupled in size. People, people, people! That’s the key – figure out what motivates the people and ensure that y ou take care of them first. See http://www.socaltech.com/calendar/eventid/23280 April 25, Culver City -- The Capture, Care and Feeding of Your Technical Animals By the CTO who won the LA Business Journal’s 2012 CTO of the Year Award and his team. AITP. Come hear a case study by the team headed by Mark Long, LA Business Journal’s 2012 CTO of the Year Award winner, on how they successfully moved their company’s talent acquisition efforts to become a magnet to hire great employees, fewer contractors, and built an excellent team. The Vision, the Restructuring, and the Implementation of talent acquisition. . See http://www.socaltech.com/calendar/eventid/23183 April 26, San Diego -- 14th Annual High-Tech Night @ the Opera. Join San Diego's leading tech executives, investors and innovators for a lovely networking event at San Diego Opera. The featured opera is Aida, by Giuseppe Verdi. See http://www.socaltech.com/calendar/eventid/23292 April 26, Santa Maria -- Startup Weekend Santa Maria. No talk, all action. Launch a startup in 54 hours! Startup Weekend is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals, teams and communities. Come share ideas, form teams, and launch startups. See http://www.socaltech.com/calendar/eventid/23295 April 30, Goleta -- The Lost Art of Being Human. WITI. With over two billion people on the planet connected through the web, and one billion connected via media-rich devices like smartphones and tablets, it would stand to reason that we would feel more connected. But we don't. In fact, studies now suggest that we have never been lonelier. And this loneliness is cutting us off from each other with every tweet, text or update. In this illuminating and entertaining presentation, award-winning brand expert and BrandU co-creator Kim Castle shares simple yet powerful solutions for inspiring and fostering real connection once again--without getting rid of the devices that we have grown to love and depend on. It all starts with a tingleNEW . See http://www.socaltech.com/calendar/eventid/23307 May 2, Anaheim -- Firsty Baseball Game! - 5/2/13. OCTANe. Firsty is heading to Angel Stadium of Anaheim on May 2nd! Bring your friends & family and enjoy a great baseball game against the Orioles. Agenda 5:00 - 6:30 p.m.: Meet at OC Sports Grill for hosted appetizers, networking, and Angels game ticket pick-up if you purchased them in advance.. See http://www.socaltech.com/calendar/eventid/23285 ----------------------------------------------------------------------- Sponsored by: Clearstone Ventures (www.clearstone.com). Venture capital for innovators. 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. Deloitte LLP (http://www.deloitte.com/us/technology). Fetch Recruiting, Inc. (www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies Key info (http://www.keyinfo.com) We build private cloud architectures 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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361 _______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
