socaltech.com TechNews - Friday, September 12, 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. 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 Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --Eucalyptus Acquired By HP For Around $100M --Conversant Acquired By Alliance Data In $2.3B Deal --Deluxe Acquires Mediapeers --DTS Buys Manzanita Systems --LEHR Gets New Private Equity Funding --MaxLinear Wins Design With German Customer MARKETPLACE --TechCXO Los Angeles - Professional Services for Technology Companies --Apply Today For NewCo's Inside-Out Conference -- Key Information Systems Announces Key Cloud --Early Stage Commercial Insurance - Pacific Unified Insurance Agency RECENT JOB POSTINGS --CDN Expert Consultant, Santa Monica, RampRate --QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. --Chief of Staff & Controller, Santa Monica, RampRate RECENT FUNDING EVENTS --------------------------------------------------------------------------- Eucalyptus Acquired By HP For Around $100M ---- Santa Barbara-based Eucalpytus, the developer of open source software for managing private and hybrid clouds, has been acquired by HP, HP said Thursday afternoon. Financial terms of the buy were not disclosed, however, reports place the buy at somewhere under $100M. Eucalpytus, which is led by Marten Mickos, was venture backed by Institutional Venture Partners (IVP), Benchmark Capital, BV Capital, and New Enterprise Associates. The company had raised at least $55.5M in funding Conversant Acquired By Alliance Data In $2.3B Deal ---- Westlake Village-based online advertising firm Conversant--until recently, ValueClick--has been acquired by Alliance Data in a $2.3 billion deal, the companies said late Thursday. According to Alliance Data, it will purchase Conversant in a combination of cash and stock worth $35 per share of Conversant. The deal is split between 48 percent cash and 52 percent in ADS shares. Conversant is projecting revenues of $670M in 2015. DTS Buys Manzanita Systems ---- Calabasas-based DTS, the developer of surround sound and other technology, said late Thursday that it has acquired Manzanita Systems, which develops MPEG software for the digital television, video on demand, and other markets. Financial terms of the buy were not disclosed. Manzanita Systems is based in Poway, just north of San Diego. According to DTS, the move will bolster tools for online and streaming video applications. LEHR Gets New Private Equity Funding ---- Los Angeles-based LEHR, which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. Size of the investment was not disclosed. LEHR currently is focusing its efforts on a line of propane-powered outboard marine engines, which the company says has significant environmental benefits over gasoline. LEHR is led by Bernardo Herzer. Deluxe Acquires Mediapeers ---- Burbank-based Deluxe, the provider of post-production, distribution, asset management, and related services to Hollywood, said today that it has acquired B2B, cloud software provider Mediapeers. Financial details of the buy were not disclosed. Mediapeers was based in Berlin, and had been founded in 2007. Mediapeers serves such companies as Lionsgate, MGMG, FremantleMedia, and Global Screen. Mediapeers becomes part of Deluxe's Burbank Deluxe Media Unit. MaxLinear Wins Design With German Customer ---- Carslbad-based MaxLinear reported a customer yesterday in Germany, saying that satellite receiver developer <b>Digital Devices GmbH</b> has selected one of its chips as part of its product line. According to MaxLinear, Digital Devices GmbH is using its MxL584 Full-Spectrum Capture (FSC) satellite receiver as part of a new PCIe TV card and gateway. Financial terms and shipment volumes related to the win were not announced. --------------------------------------------------------------------------- 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------------------------------- Apply Today For NewCo's Inside-Out Conference NewCo is the "inside out" conference model where attendees use the working city as the event space, and companies open their doors to welcome the community into their offices for a one hour tour, conversation, or informational session. "NewCos" are companies that truly standout for their approach to business: NewCos are on a mission to effect real change in their chosen market, and they are leaders in creating workplaces that redefine traditional approaches to work. We are looking for smart, innovative companies to apply to join Google, Rickshaw Bags, IFTTT, Bloomberg West, Lit Motors, Instructables, Everlane, PUBLIC Bikes, Code for America, Hightail and many others. NewCo is expanding to Los Angeles soon. If you are a part of a company that should be one of the Host Companies in 2014, please apply today! http://marcatoapp.com/website_integration/newcolosangeles2014/artists/new ------------------------------ADVERTISEMENT------------------------------- Key Information Systems Announces Key Cloud Key Information Systems, a leading IT systems integrator and Premier IBM Business Partner based in Agoura Hills, CA, announced the availability of Key Cloud for users of cloud computing services. Key's new cloud services are offered in conjunction with colocation, managed services and Internet connectivity offerings. To learn more about the Key Cloud, visit the Key Info website or contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura Court, First Floor, Agoura Hills, CA 91301, USA, email [email protected] or call 1.818.737.2804. http://www.keyinfo.com ------------------------------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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free CDN Expert Consultant, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5592 QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. http://www.socaltech.com/showjob.php?id=5591 VP of Business Development, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5590 Executive Assistant to the CEO, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5589 Chief of Staff & Controller, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5588 Business Development Director, Los Angeles, Colony Logic http://www.socaltech.com/showjob.php?id=5587 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 09/10/14 Avelas Biosciences $7.4M http://www.socaltech.com/intelligence/?action=showdeal&id=59684 09/10/14 Telogis, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59573 09/09/14 HomeUnion $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=59519 09/02/14 Measurabl $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59353 09/02/14 Legend3D, Inc. $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59352 08/29/14 Just Fabulous $85.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59349 08/26/14 The Honest Co. $70.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59282 08/26/14 ZipRecruiter $63.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59278 08/25/14 Lastline, Inc. $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59277 08/22/14 Genius Biotech $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59270 08/21/14 Nervana Systems $3.3M http://www.socaltech.com/intelligence/?action=showdeal&id=59268 08/20/14 IQMS $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59199 08/14/14 Geneva Healthcare $1.8M http://www.socaltech.com/intelligence/?action=showdeal&id=59188 08/14/14 hovelstay.com $1.2M http://www.socaltech.com/intelligence/?action=showdeal&id=59187 08/12/14 RadPad $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59150 --------------------------------------------------------------------------- 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 September 14, Santa Monica -- An Afternoon with Randall Munroe. Live Talks LA. What If?: Serious Scientific Answers to Absurd Hypothetical Questions. From the creator of the wildly popular webcomic xkcd, hilarious and informative answers to important questions you probably never thought to ask. See http://www.socaltech.com/calendar/eventid/24235 September 16, La Jolla -- CONNECT's FrameWorks Workshop: The Art of the Startup. Learn how to develop and execute the right funding strategy and will receive a brief anatomy of a term sheet at 09.16 #FrameWorks Workshop – Art of the Startup. See http://www.socaltech.com/calendar/eventid/24276 September 16, San Pedro -- PortTech Pitch. The 5th Annual PortTechEXPO Entrepreneur Pitch Competition will feature leading cleantech start-ups and emerging growth companies from all over North America. We encourage and welcome start-up teams with clean technology based devices, products, services, systems and platforms to participate. Past competitors have brought innovative emission control technology; remediation products; oil/water separators; energy storage solutions; high efficiency engines; zero emission vehicles; wind, solar, wave energy generation; shape change materials; and alternative fuels. #PortTechPitch finalists receive admission to and exhibitor space at the PortTechEXPO (Sept 17, 2014).. See http://www.socaltech.com/calendar/eventid/24193 September 17, Irvine -- Disruptive Technologies. TechBizConnection. What is "Disruptive"? Can a "technology" really disrupt a business model? Isn't Change in Business always Disruptive? Don't we want to encourage Change? Come and hear from a group of companies that answer these questions. Each of their technologies & business models will "change" the way business is done in their markets. See http://www.socaltech.com/calendar/eventid/24284 September 17, Santa Monica -- Tech Talk with CTO of True Car. Are you curious about learning the ins and outs of what running of large company is like? Join our CTO speaker, Mike Dunn of True Car, and Tech in Motion for an intimate Tech Talk (think TED Talk) to hear what it takes to run all things technology. See http://www.socaltech.com/calendar/eventid/24278 September 18, Altadena -- 2014 Jumpstart: How to Hire, Inspire & Retire. This workshop will talk about how to hire the right kind of people for your organization/business. Come and learn some of the principles of what makes a good hire, retaining your best employees and how and when to let go of troublemakers. See http://www.socaltech.com/calendar/eventid/24281 September 18, Los Angeles -- Peter Coffee's Annual Forecast on Technology. AITP. The more we know about how things work, the more we are likely to look for ways to do those things better, faster, and cheaper – rather than doing something fundamentally different. When we look back from the 2020’s at this century’s early years, it is possible that we will pick some year right around…2013…as the turning point when we decided to do a number of things in an essentially different way. In this year’s edition of Peter Coffee’s annual dinner with AITP and ACM, he will be looking at a number of disciplines— computing, communications, data management, and information security among others— and illuminating the massive disruptions already taking shape around us. Please join us for both interactive pre-dinner conversation and after-dinner formal remarks. . See http://www.socaltech.com/calendar/eventid/24268 September 18, Santa Monica -- Emerging Trends in Online Video Learning. Educelerate LA. Driven by the wave of investment in and by MOOCs and learn to code sites, the education and venture capital communities have recently rediscovered video-based learning. After a decade of focus on less bandwidth and production intensive text based learning (driven by the massive scaling at the University of Phoenix), the explosion of interest in online video-based learning is seen in the fact that over the past few years just ten digital video players Codecademy, Coursera, CreativeLive, Lynda, OpenEnglish, Pluralsight, StormWind, Treehouse, Udacity, Udemy have collectively raised $425 million in venture capital! Join the leaders of several online video related education technology start-ups for a discussion on emerging trends in online video-based learning. Panelists will also share on their founder's stories. See http://www.socaltech.com/calendar/eventid/24286 September 24, CONNECT -- CONNECT's FrameWork’s Workshop: Obtaining Commercially Effective IP. CONNECT’s FrameWorks Workshop brings you the Basics of Obtaining Commercially Effective IP on September 24 In partnership with Pillsbury Winthrop Shaw Pittman LLP. Intellectual property rights are often key to the foundation, growth and ultimate survival of a company. Learn the interplay of trade secrets and patents, including their relative advantages and disadvantages, the types of inventions protectable by patents, the criteria that must be met in order to obtain patent protection and the recent patent rule changes and how they will affect patent rights and strategy. See http://www.socaltech.com/calendar/eventid/24279 September 24, Santa Monica -- Fireside Chat with Brad Feld - Managing Director, Foundry Group. Don't miss the chance to hear one of the nation's most prominent VCs! Brad Feld is among the most prominent names nationally in the venture capital & startup worlds. Brad co-founded TechStars and Foundry Group, and is the author of nine books on startups and venture capital.. See http://www.socaltech.com/calendar/eventid/24287 September 24, Santa Monica -- LA Tech Mix & Mingle. Mix and mingle, join us for cocktails and nibbles on Wednesday, September 24th at the WOKCANO in Santa Monica. Eat, drink, and connect with other startups, VCs, entrepreneurs, and technology enthusiasts - check out what they’re doing now, what the future holds and how they’re setting the trends. Whether you are looking for investors, a mentor, advice or just simply connecting for opportunities - this event is for you. https://www.eventbrite.com/e/la-tech-mix-mingle-tickets-124744564. See http://www.socaltech.com/calendar/eventid/24238 September 24, Santa Monica -- LA Tech Mix & Mingle. Mix and mingle, join us for cocktails and nibbles on Wednesday, September 24th, 6:30pm at the WOKCANO in Santa Monica. Eat, drink, and connect with other startups, VCs, entrepreneurs, and technology enthusiasts - check out what they’re doing now, what the future holds and how they’re setting the trends. Whether you are looking for investors, a mentor, advice or just simply connecting for opportunities - this event is for you. http://www.eventbrite.com/e/la-tech-mix-mingle-tickets-124744564. See http://www.socaltech.com/calendar/eventid/24273 September 30, Irvine -- OC Business Expo. Please join us for Orange County's Largest Networking Event of the year, OC Business Expo, hosted by USC. Excellent opportunity to meet other professionals, secure new opportunities and expand your network. Please see link for address and more information. See http://www.socaltech.com/calendar/eventid/24260 September 30, Santa Monica -- Santa Monica New Tech Meetup. 6 new tech startup companies will present their products and technology (5 min demo+5 min Q&A). See http://www.socaltech.com/calendar/eventid/24288 October 2, Los Angeles -- Chick Launcher Entrepreneur Fast Pitch Event & Conference. On Thursday, October 2nd, Chick Launcher is hosting an event from 11:30 am to 7:00 pm. The event features a networking lunch and reception, three panels: Access to Capital, Investor Panel and CEO Panel, followed by Fast Pitch presentations from 13 finalists and educational sessions from our sponsors/advisors. See http://www.socaltech.com/calendar/eventid/24282 October 2, Los Angeles -- 2014 Body Computing Conference. USC. The Body Computing conference is an event designed for those seeking modern healthcare solutions. Digital and lifescience executives, sensor and mobile app inventors, strategists, designers, investors, visionaries, and creatives will captivate both on stage and in the crowd. It is a one-day live event filled with dynamic demonstrations, interdisciplinary content, and valuable connections.. See http://www.socaltech.com/calendar/eventid/24272 October 2, Santa Monica -- An Evening with Peter Thiel. Live Talks LA. Peter Thiel Technology Entrepreneur and Investor; Co-founder PayPal. Zero to One: Notes on Startups, or How to Build the Future. See http://www.socaltech.com/calendar/eventid/24234 October 2, Santa Monica -- Vator Splash LA. Vator Splash is one of the must-attend startup events and competitions, where promising startups are discovered, lessons from prominent founders are learned and views from blue-chip investors are heard. This event gives startups an unparalleled opportunity to network with active investors and industry thought leaders. See http://www.socaltech.com/calendar/eventid/24203 October 8, Los Angeles -- LAEDC Forecast. Changing Face of Education: From Industrial to Innovation. LAEDC. Speakers: Robert A. Kleinhenz, Ph.D. - Chief Economist, Kyser Center for Economic Research at LAEDC; Timothy White, Ph.D. - Chancellor, California State University System; Moderated by Frank Mottek, KNX1070. See http://www.socaltech.com/calendar/eventid/24232 ----------------------------------------------------------------------- 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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