socaltech.com TechNews - Wednesday, July 16, 2014 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --Why Mucker Capital Is Putting More Money To Work In LA Startups --MakerBot Rolls Into Home Depot In LA --Fitwall Finds Funding From Skechers Cofounder --Illumina Buys Myraqa --Iteris Swaps CFO, Reports Accounting Issues --Evolve Media Launches New Native Video Advertising Product --Sonos Drops Support For iOS 4, 5 --Snapchat Rolls Out Geofiltering Feature --Homefacts Uncovers Neighborhood Facts, Dirty Laundry --reQall Adds MIT MediaLab Professor As Advisor MARKETPLACE --TechCXO Los Angeles - Professional Services for Technology Companies --Fetch Recruiting, Inc. --Binary Pulse Technology Marketing. We Create Demand. --UK Trade & Investment (UKTI) --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Find Help To Power Your Firm To The Next Level RECENT JOB POSTINGS --Systems Administrator, Downtown Los Angeles, DreamHost --Product Lead, Aliso Viejo, GridMeNow, LLC --Inside Sales: IT Services (Colo, Telcom, CDN), Santa Monica, RampRate Sourcing Advisors RECENT FUNDING EVENTS --------------------------------------------------------------------------- Why Mucker Capital Is Putting More Money To Work In LA Startups ---- For the last few years, startup accelerator MuckerLab has been helping very early stage companies define and grow their businesses, using the accelerator model and small investments to get companies to the next stage. Recently, the team behind MuckerLab has made a subtle shift--becoming Mucker Capital (www.muckercapital.com)--focusing on seed stage investments. We caught up with Erik Rannala, co-founder of both, to understand the move and why Mucker Capital felt like it needed to put more capital to work in local, seed stage startups. Talk about the shift from MuckerLab to Mucker Capital? Erik Rannala: We haven't so much made a shift, in a sense that we're doing what we've always been doing, which is seed stage investing in companies. What we've done now is ramp up the size of our seed investments, and started to do more of them. (More...) http://www.socaltech.com/why_mucker_capital_work_in_la_startups/s-0055980.html --------------------------------------------------------------------------- MakerBot Rolls Into Home Depot In LA ---- Are you interested in getting into 3D printing? In an unusual move, home improvement retailer Home Depot and 3D printer maker MakerBot have launched a program to make the popular 3D printers at a select number of Home Depot stores in Los Angeles. (More...) http://www.socaltech.com/makerbot_rolls_into_home_depot/s-0055979.html Fitwall Finds Funding From Skechers Cofounder ---- Newport Beach-based Fitwall, the operator of technology driven, wearable-connected fitness centers, said today that it has scored an investment from one of the co-founders of Skechers. Fitwall said it has received a "sizeable round" of funding form Jeff Greenberg, who co-founded Skechers USA. Size of the investment was not announced. (More...) http://www.socaltech.com/intelligence/index.php?action=showdeal&id=58760 Illumina Buys Myraqa ---- San Diego-based life sciences equipment maker Illumina said this morning that it has acquired Myraqa, a company providing regulatory and equality consulting in the molecular diagnostics market. Financial terms of the buy were not announced. According to Illumina, the deal will bolster its in-house capabilities and help prepare for growth. Myraqa was based in Redwood Shores, California. Iteris Swaps CFO, Reports Accounting Issues ---- Santa Ana-based Iteris, which develops traffic management products and technology, said late Tuesday that it has replaced its CEO, and may face a "material weakness" in its internal controls over financial reporting. The company said it has named Craig Christensen as its interim CFO. (More...) http://www.socaltech.com/iteris_swaps_cfo/s-0055977.html Evolve Media Launches New Native Video Advertising Product ---- Los Angeles-based Evolve Media reported late last night that it has launched a new, native video advertising product called INgage. Evolve Media said that the new, video solution delivers "large format" video within content, startup up when a users comes into view. The company said its new product brings video out of the "right rail blind spot" on websites. Native advertising is the technique of wrapping advertising within website content, making it look and feel like non-paid content--which is controversial from the editorial standpoint, but very effective for advertising and revenues at companies. Sonos Drops Support For iOS 4, 5 ---- Whole home music system developer Sonos is dropping support for Apple's iOS 4 and 5, the company told its users Tuesday, meaning that the company's systems will no longer work with first generation iPad, iPhone 3G, and second and third generations of the iPod Touch. According to Sonos, the move comes as it looks to "balance our need to innovate with our desire to maintain support for older devices". Sonos said it now will only support iOS devices running iOS6 or higher. Apple's iOS 4 was introduced in 2010; iOS 5 was launched in 2011. Sonos is based in Santa Barbara. Snapchat Rolls Out Geofiltering Feature ---- Los Angeles-based Snapchat said Tuesday morning that it has rolled out a new feature called geofiltering, which highlights snaps taken in special locations. The feature--which includes highlights of locations in Los Angeles like Disneyland, Malibu, Santa Monica, LACMA, and elsewhere--features snaps that change depending on what neighborhood you are current at. http://www.socaltech.com/snapchat_rolls_out_geofiltering_feature/s-0055971.html Homefacts Uncovers Neighborhood Facts, Dirty Laundry ---- Buying a new home? A new mobile app from Irvine-based Homefacts is helping prospective home buyers uncover neighborhood information like education, median income, school ratings, and more--including such dirty laundry as nearby registered sex offenders, crime, risk of earthquakes and tornadoes--not to mention drug lab locations. (More...) http://www.socaltech.com/homefacts_dirty_laundry/s-0055968.html reQall Adds MIT MediaLab Professor As Advisor ---- reQall, the wearable software developer headed by former Apple Principal Scientist Rao Machiraju, said Tuesday morning that it has tapped MIT MediaLab Professor Alex (Sandy) Pentland as a strategic product advisor. (More...) http://www.socaltech.com/reqall_adds_mit_medialab/s-0055961.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- TechCXO Los Angeles - Professional Services for Technology Companies TechCXO is a professional services firm that provides experienced, C-Suite professionals to deliver strategic and functional consulting services for technology companies. We answer your critical issues around obtaining capital, increasing revenue, entering new markets and improving margins. TechCXO partners combine practical experience, comprehensive resources and best practices to deliver objective, high-value results. For TechCXO Los Angeles, please contact: Paul Meyer, Managing Partner – Finance & Operations [email protected] (805) 535-5245 Daniel Nannenga, Partner, Finance – Operations and Technology [email protected] (424)903-6030 ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------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------------------------------- UK Trade & Investment (UKTI) Part of the UK government’s commercial arm, UK Trade & Investment (UKTI) helps American companies bring their high-quality investment to the UK's dynamic economy, acknowledged as Europe's best place from which to succeed in global business. We also help UK-based companies succeed in the global economy. UKTI offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. Our team in the United States works to promote UK-US trade and investment through our offices at the British Embassy in Washington as well as the British Consulates General in Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York and San Francisco. Learn more at: https://www.gov.uk/government/world/organisations/uk-trade-investment-in-the-usa ------------------------------ADVERTISEMENT------------------------------- Early Stage Commercial Insurance - Pacific Unified Insurance Agency We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] ------------------------------ADVERTISEMENT------------------------------- Find Help To Power Your Firm To The Next Level Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here: http://www.socaltech.com/services/Consulting/Business/ ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Systems Administrator, Downtown Los Angeles, DreamHost http://www.socaltech.com/showjob.php?id=5583 Product Lead, Aliso Viejo, GridMeNow, LLC http://www.socaltech.com/showjob.php?id=5582 Senior IT/Telecom Sourcing Analyst and Negotiator, Santa Monica, RampRate Sourcing Advisors http://www.socaltech.com/showjob.php?id=5572 Inside Sales: IT Services (Colo, Telcom, CDN), Santa Monica, RampRate Sourcing Advisors http://www.socaltech.com/showjob.php?id=5568 Sourcing Analyst, Santa Monica, RampRate Sourcing Advisors http://www.socaltech.com/showjob.php?id=5565 Head of Corporate Finance and Office Administration, Santa Monica, RampRate Sourcing Advisors http://www.socaltech.com/showjob.php?id=5573 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 07/16/14 Fitwall $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58760 07/15/14 NetDocuments $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58755 07/09/14 Common Interest Communities $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58742 07/07/14 Adtile FKA TenFarms $4.5M http://www.socaltech.com/intelligence/?action=showdeal&id=58599 07/02/14 Drybar $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58547 07/02/14 Ocean Aero $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58544 06/27/14 TapZen $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58468 06/26/14 TasteMade, Inc. $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58440 06/26/14 Fitwall $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58439 06/26/14 TheBouqs $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58438 06/24/14 Epoxy $6.5M http://www.socaltech.com/intelligence/?action=showdeal&id=58309 06/23/14 RANT MEDIA NETWORK, INC. $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58302 06/20/14 Genzum $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58280 06/19/14 SpotlightTMS $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58279 06/19/14 Mitu Network $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58278 06/17/14 Revee $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=58269 --------------------------------------------------------------------------- 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 16, Pasadena -- TechSparks Fast Pitch & Mixer. The TechSparks community, full of bright minds and innovative ideas, is here to help you along your path of discovery. Have an idea, product or company you'd like to pitch? Ten companies will be selected to give a 30-second elevator pitch for an opportunity to get valuable feedback from the communityNEW . See http://www.socaltech.com/calendar/eventid/24209 July 16, Santa Monica -- Siemer Silicon Beach Summit. Building on the success of the last three Summits, which drew notable attendees from around the world, this year’s event will encompass two days of presentations, networking and relationship-building among key players in the digital media and technology industry. All segments of the digital media industry will be represented, including advertising, data, e-commerce, software, social and gaming. Our 2014 two-day Summit will include 500 select digital media and technology leaders. Invite only. See http://www.socaltech.com/calendar/eventid/24055 July 17, Altadena -- JUMPSTART: Meet the Angel Investors. This program will start off with a discussion of what angels look for when investing in early stage companies and how to best present your company as an angel investment opportunity.NEW . See http://www.socaltech.com/calendar/eventid/24210 July 17, Santa Monica -- Siemer Silicon Beach Summit. Building on the success of the last three Summits, which drew notable attendees from around the world, this year’s event will encompass two days of presentations, networking and relationship-building among key players in the digital media and technology industry. All segments of the digital media industry will be represented, including advertising, data, e-commerce, software, social and gaming. Our 2014 two-day Summit will include 500 select digital media and technology leaders. Invite only. See http://www.socaltech.com/calendar/eventid/24056 July 17, Los Angeles -- Wearable Tech LA. WearableTech LA, curated by industry experts come to Los Angeles this summer. With a full day of 20 dynamic keynotes, cutting-edge technologies, investment opportunities, and 50 speakers, WearableTech LA is the wearable event of the year in Los Angeles. See http://www.socaltech.com/calendar/eventid/24160 July 22, Los Angeles -- 2014 Serious Play Conference. It is a question of when, not if, games-based learning will be prevalent in all areas of education and training. Corporations are using games for talent development, recruitment and to increase sales and efficiency; medical institutions use games to train surgeons and teach the public about healthcare. In the military, where game based training began, games not only train, they are used to recruit. In education, games have entered the classroom. Learn more at this conference. See http://www.socaltech.com/calendar/eventid/24138 July 23, Irvine -- Orange County Startup Founder 101. If you are curious about what it is like to run a successful startup, then join us for Startup Founder 101. Hear candid talks by successful entrepreneurs, sharing best practices, strategies and mistakes to avoid from those who have done it before. Speakers: -Pete Deutschman (CEO, The Buddy Group) -Tim Chan (CEO/Founder)NEW . See http://www.socaltech.com/calendar/eventid/24206 July 23, Los Angeles -- 2014 Serious Play Conference. It is a question of when, not if, games-based learning will be prevalent in all areas of education and training. Corporations are using games for talent development, recruitment and to increase sales and efficiency; medical institutions use games to train surgeons and teach the public about healthcare. In the military, where game based training began, games not only train, they are used to recruit. In education, games have entered the classroom. See http://www.socaltech.com/calendar/eventid/24139 July 24, Culver City -- Which Certs to Turbo Charge My Career? AITP. Dr. Hasnain Rizvi will provide practical insight into factors to consider before starting on a cert track, advantages of certain cert options, and potential career paths. “Has” is an OPM3 Certified Consultant, and is currently the Agile Principal Coach and CIO at AAA University. Has done project management maturity assessment work and established and redesigned project management offices (PMOs) in many sectors, and IBM’s PM practice in Saskatchewan. See http://www.socaltech.com/calendar/eventid/24201 July 24, Newport Beach -- Tech in Motion Summer Mixer. We will have a ton of great food and the happy hour drink specials will go throughout the course of the event. We'll just be hanging out, swapping tech news, stories, and such. All are welcome to attend a night of fun and networking with tech professionals and tech lovers of all kinds. See http://www.socaltech.com/calendar/eventid/24199 July 24, Los Angeles -- 2014 Serious Play Conference. It is a question of when, not if, games-based learning will be prevalent in all areas of education and training. Corporations are using games for talent development, recruitment and to increase sales and efficiency; medical institutions use games to train surgeons and teach the public about healthcare. In the military, where game based training began, games not only train, they are used to recruit. In education, games have entered the classroom. See http://www.socaltech.com/calendar/eventid/24140 July 26, Santa Monica -- Causathon (Hack for a Cause). On July 26th, teams will have 24 hours to identify, solve and present a solution for one social problem defined and submitted by a curated list of leading non-profits. Come alone or join a team of other like-minded individuals during an exciting and impactful 24 hours towards making a real difference. After a casual mixer to kick-off the event, your team will go through a “draft” style selection to pick the problem you’ll be addressing. Email [email protected]. See http://www.socaltech.com/calendar/eventid/24195 July 26, Los Angeles -- Digital LA - Comic-Con Party. See http://www.socaltech.com/calendar/eventid/24150 July 26, Los Angeles -- Causathon. Causathon will bring together leading non:profit organizations with developers, marketers, and tech enthusiasts. During the 24 hour event, teams will use technology to create meaningful, viable and practical solutions to problems presented by participating nonprofits. In a symbiotic force of good will, creatives will contribute ideas and skills towards causes they gain exposure to or are already passionate about, while nonprofits achieve solutions they otherwise couldn’t conceive or didn’t have the resources to produceNEW . See http://www.socaltech.com/calendar/eventid/24205 July 31, Los Angeles Westside -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. See http://www.socaltech.com/calendar/eventid/24123 July 31, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtshowcases growing firms needing capital. View products, videos, online demos. See http://www.socaltech.com/calendar/eventid/24180 July 31, Santa Monica -- Summer Tech Mixer. Join Tech in Motion LA for a night of networking, food and drinks with fellow LA techies. See http://www.socaltech.com/calendar/eventid/24192 July 31, Santa Monica -- Summer Tech Mixer. Want to meet some cool techies like yourself? Interested in interacting with highly skilled developers? Do you have a new application you would like to tell people about? Or do you just love technology. See http://www.socaltech.com/calendar/eventid/24198 August 6, San Diego -- MITEF Social. The highly anticipated MIT Enterprise Forum social is right around the corner on Wednesday, August 6, at the Birch Aquarium at Scripps. The diverse 600-plus attendees from the technology and life sciences communities makes this social an ideal setting for sophisticated networking and refined conversationNEW . See http://www.socaltech.com/calendar/eventid/24207 August 7, Calabasas -- 11th Annual ERA So. Cal. Summer Social at the Sagebrush Cantina. Plan to attend the electronics industry 11th Annual ERA Summer Social @ the Sagebrush Cantina. Well over 100 attendees flock to the patio area for an evening of fun, food, beverages and seeing old friends and making new ones. Email [email protected]. See http://www.socaltech.com/calendar/eventid/24194 August 8, San Diego -- Startup Weekend Fashion Innovations. Startup Weekend Fashion Innovations is Southern California's only experiential crash-course in entrepreneurship in the fashion and technology market. M Learn about how to start your own business, meet fellow collaborators and compete for prizes in a 54-hour competition. See http://www.socaltech.com/calendar/eventid/24083 August 13, Thousand Oaks -- CLEAN TECHNOLOGY COUNCIL "Unmanned Aircraft Controversy + Opportunity" Keynote Speaker: Kate Styers, Principal Analyst, Tecolote Research, Inc. Meet sustainability start-ups, energy experts, entrepreneurs, CEO's and investors. Refreshments served.NEW . See http://www.socaltech.com/calendar/eventid/24211 August 15, San Diego -- CONNECT’s Most Innovative New Product Awards nominations deadline. Nominate your new product now for the chance to compete with 100+ companies for the exclusive title and honor of being named one of the most innovative new products in San Diego. See http://www.socaltech.com/calendar/eventid/24196 ----------------------------------------------------------------------- Sponsored by: TVC Capital LLC (www.tvccapital.com) Investments in and Acquisitions of Growing Software Companies Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. 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) infrastructure ~ connectivity ~ co-location ~ cloud 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. 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