socaltech.com TechNews - Thursday, January 15, 2015
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News
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Sponsored by:

TVC Capital LLC (www.tvccapital.com)
Investments and acquisitions of growing software companies.

Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com).
Business. Technology. Law. Vision.

PricewaterhouseCoopers (http://www.socaltech.com/pwc).

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.

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   --Maker Studios, Vimeo Team On VOD Content
   --Semtech Buys EnVerv
   --Ciphrex Gets $500K For Bitcoin Wallet
   --NantHealth Names President
   --TigerText Wins Hospice Operator
   --Nativo Selected By New Publishers
   --TVC Capital Raises $115M Software Fund
   --LA's Newest Startup Gets $20M To Help You Skip Eating Altogether
   --Obalon Therapeutics Pumps Up With $20M
   --Latisys Acquired By Zayo Group
   --TapZen, Magic Pixel Acquired By Kabam For LA Game Studio

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   --USC Marshall's MS in Entrepreneurship and Innovation - Apply Now!
   -- Key Information Systems
   --Early Stage Commercial Insurance - Pacific Unified Insurance Agency
   --Fetch Recruiting, Inc.

   RECENT JOB POSTINGS
   --Software Developer, Carlsbad, MakeJay Inc
   --Head of Product (VF iQ), Venice, Vision Fleet
   --Mid + Sr. Software Engineer, San Luis Obispo,, MINDBODY Inc.

   RECENT FUNDING

   EVENTS

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Maker Studios, Vimeo Team On VOD Content
----
Maker Studios will be producing content for distribution exclusively on
Vimeo, the two said this morning, as part of a new, on-demand deal between
Walt Disney a IAC. Maker Studios is owned by Disney, and Vimeo is owned by
IAC. Financial terms of the deal were not disclosed. The deal will be
through Vimeo On Demand, Vimeo's pay-per-view service, and apparently is
aimed at allowing creators at Maker Studios to boost their revenues through
direct sales.

Semtech Buys EnVerv
----
Camarillo-based Semtech said this morning that it has acquired the assets
of EnVerv, a developer of power line communication and smart grid products.
Financial terms of the buy were not disclosed. Semtech said that EnVerv's
team of employees has joined the company with the acquisition. EnVerve
develops low- and medium-voltage, power line communications technology,
which has been used in smart metering and telecom applications.

Ciphrex Gets $500K For Bitcoin Wallet
----
San Diego-based Ciphrex announced this morning that it has raised $500,000
in a Series A round, for the company's Bitcoin wallet software.
Ciphrex--which was founded by Enrique and Eric Lombrozo, says it is
developing a multisignature, Bitcoin wallet application aimed at both
individuals and for application development in the enterprise. The company
said the funds will go towards advancing, promoting, and expanding its line
of products. Source of the funding was not announced.
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=61655

NantHealth Names President
----
Los Angeles-based healthcare IT company NantHealth said today that it has
named Robert (Bob) E. Watson as its new President. Dr. Patrick Soon-Shiong
continues as CEO of the company. According to NantHealth, Watson was most
recently President, CEO, an Director of Streamline Health Solutions; he
also served at DocuSys, Concuity/Trintech, and IQHealth, in addition to
serving on the baords of Streamline, Satori Labs, and Interpoint Partners.
NantHealth is focused on applying cloud-based, information technology to
the health information area, along with such techniques as machine
learning, to help improve health care.

TigerText Wins Hospice Operator
----
Santa Monica-based secure messaging software developer TigerText announced
a win this morning, with a hospice operator in Arizona. TigerText said that
Casa de la Luz Hospice has selected the company as its secure messaging
provider. Financial impact of the deal were not disclosed. TigerText said
Cas de la Luz sends nearly 32,000 TigerText messages per month, with more
than 150 physicians and nurses using the app.  TigerText is led by Brad
Brooks; the company's secure messaging services allow healthcare providers
and other companies to securely send text messages, which helps them meet
HIPAA and other regulatory requirements.

Nativo Selected By New Publishers
----
Los Angeles-based native advertising automation software developer Nativo
reported Wednesday that it has been selected by five different publishers
to power native advertising programs for their sites. Nativo said that
Bonnier, Fodor's Travel, OnCampus, MetroUS, and TechnologyGuide (a division
of TechTarget) have all selected its software. Financial impact of the
sales were not disclosed. Nativo is led by Justin Choi.

TVC Capital Raises $115M Software Fund
----
San Diego-based TVC Capital, the software-focused, growth equity investment
firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M
software fund, the company said Wednesday. The fund said that TVC Capital
III was oversubscribed, and closed in only 90 days. TVC said that the
investors included fund of funds managers and a university endowment. The
new fund will remain focused on investments and acquisition of software
companies, who are generating more than $2.5 million in revenues. TVC's
biggest successes so far have been the sale of Accordent Technologies to
Polycom; the sale of Del Mar DataTrac to Ellie Mae; the sale of Mercent to
CommerceHub, and the sale of Anametrix to Ensighten.

LA's Newest Startup Gets $20M To Help You Skip Eating Altogether
----
Los Angeles has long been known as a foodie sort of town--however, LA's
newest startup in town is, surprisingly, on quite the opposite side of the
scale, hoping to help its customers completely bypass having to eat meals.
(More...)
http://www.socaltech.com/skip_eating_altogether/s-0058533.html
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=61653

Obalon Therapeutics Pumps Up With $20M
----
San Diego-based Obalon Therapeutics, a developer of a medical device to
help with weight loss, said today that it has raised $20M in a Series D
financing. The funding came from Axon Ventures, Bader Sultan & Bros. Co.
W.L.L., Mirae Asset Venture Investment, NeoPlux Co., Ltd. and Striker Asia
Opportunities Fund, along with Domain Associates, InterWest Partners and
Okapi Venture Capital. The company said the new funding will go towards
U.S. clinical trials. Obalon said it has now raised $65M in total funding.
Obalon develops a weight loss medical device which is an alternative to
bariatric surgery, which involves swallowing inflatable balloons which give
patients a sense of fullness, facilitating weight loss--but which can
easily be removed via an endoscopic procedure.

Latisys Acquired By Zayo Group
----
Latisys, a colocation and infrastructure provider which operates a big data
center in Irvine, has been acquired by another colocation and bandwidth
provider, Zayo Group. Zayo said it would pay $675M for Latisys. Latisys has
five data centers nationwide, with a big data center complex in Irvine on
Van Karman with two separate data centers, totaling 138,000 square feet.
Latisys has had operations in that location since 1994.

TapZen, Magic Pixel Acquired By Kabam For LA Game Studio
----
Two, Los Angeles-based game studios, TapZen and Magic Pixel Games, have
been acquired by San Francisco-based game maker Kabam, to help Kabam
establish a studio in Los Angeles. Financial details of the deal, which was
announced Tuesday, were not disclosed. Kabam said that TapZen and Magic
Pixel will merge into a new, Kabam-branded Los Angeles studio near Culver
City, which will be led by Mike Verdu. Kabam said the deal will strengthen
its relationship with Hollywood partners. Verdu is the founder of TapZen,
and also had served at Zynga and headed up EA's Los Angeles operations.

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

Software Developer, Carlsbad, MakeJay Inc
http://www.socaltech.com/showjob.php?id=5606

Head of Product (VF iQ), Venice, Vision Fleet
http://www.socaltech.com/showjob.php?id=5605

User Experience (UX) Design Manager - Mobile, San Luis Obispo,, MINDBODY
Inc.
http://www.socaltech.com/showjob.php?id=5604

User Experience (UX) Design Manager - Mobile, San Luis Obispo,, MINDBODY
Inc.
http://www.socaltech.com/showjob.php?id=5603

Senior User Experience (UX) Designer, San Luis Obispo,, MINDBODY Inc.
http://www.socaltech.com/showjob.php?id=5602

Mid + Sr. Software Engineer, San Luis Obispo,, MINDBODY Inc.
http://www.socaltech.com/showjob.php?id=5601



------------------------------------------------------------------------
RECENT FUNDING SUMMARY

01/15/15 Ciphrex                                  $0.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=61655

01/14/15 Soylent                                  $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61653

01/14/15 Obalon Therapeutics                      $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61652

01/14/15 Lynda.com                                $186.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61651

01/13/15 iPourIt                                  $2.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61606

01/13/15 Allegro Opthamics                        $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61601

01/08/15 Seismic                                  $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61548

01/06/15 Antenna79                                $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61542

01/05/15 GlySens                                  $12.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61526

01/02/15 Snapchat                                 $485.6M
http://www.socaltech.com/intelligence/?action=showdeal&id=61547

12/31/14 TruMed Systems                           $5.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=61650

12/22/14 Notevault                                $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61436

12/18/14 Edgewave FKA St. Bernard Software        $2.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61425

12/16/14 Serviz, Inc.                             $12.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=61418

12/16/14 Sorrento Therapeutics, Inc.              $20.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=61357



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Upcoming Events This Month http://www.socaltech.com/Calendar
socaltech.com Calendar of Southern California High Tech Events

Submit your events at least two weeks in advance to:
http://www.socaltech.com/submitevent.html

January 15, Thousand Oaks -- Fundraising 101. Entrepreneur Business Seminar
Series. Ventura BioCenter. Paul Meyer, now with Early Growth Financial
Services, will kick off the new year and his series with Ryan Azlein,
Partner, Stubbs Alderton & Markiles.  Fundraising for your startup has
always been considered part art, part science, and part luck. In this hour
long session, we will dive deep into the facts of fundraising. You'll learn
about your fundraising options at every stage of development, the
fundraising process, what investors want to see, crafting your financial
models, your revenue projections, pitch deck essentials, and more.. See
http://www.socaltech.com/calendar/eventid/24469

January 19, San Diego -- SME Mixer. Network with regional SME companies,
meet prospective clients and partners, and plug into San Diego’s largest
innovation network. See http://www.socaltech.com/calendar/eventid/24435

January 20, Santa Ana -- PDMA SoCal is pleased to announce details of our
first event in 2015! Erica Woelfel of Behr will discuss color trends and
forecasting. If you’re interested in gaining a “behind the scenes”
perspective on the art and science of determining how color trends are
identified and how they are reflected in products we use and live with
every day, don’t miss this informative and entertaining PDMA SoCal event!
For further details see "http://www.pdma.org/p/ca/vi/sid=536"NEW . See
http://www.socaltech.com/calendar/eventid/24486

January 20, San Diego -- Capital and Growth in High Tech SMBs organized on
Tuesday, 20 January 2015 at 7:30am at San Diego State University - Parma
Payne Goodall Alumni Center Ballroom. For further details see
http://app.greenrope.com/c1.pl?ed84c436f1b5fcc093082c0db69d0fe94c13b38762d864d1
.
See http://www.socaltech.com/calendar/eventid/24437

January 21, Santa Monica -- Santa Monica New Tech Reunion. We are having
our epic REUNION party!
In addition to 5 new tech startup presentations (5 min demo+5 min Q&A) we
invite all former presenters to give us 1 min updates.. See
http://www.socaltech.com/calendar/eventid/24462

January 21, Canoga Park -- Cyber Security breaches ended 2014 with a bang,
and show no signs of slowing down in 2015. From botnets to political
groups to criminals the chances of an attack affecting your network are
growing every day. When most organizations finally start working to secure
their applications, they fall in the trap of taking an audit approach. In
essence, trying to test security into their software. We'll discuss the
ups and downs of the audit approach specifically for application security,
and how to best plan to secure your software. For further details see
"http://scqaa.net/wednesday_january_21_2015_6_00_pm".NEW . See
http://www.socaltech.com/calendar/eventid/24488

January 22, Santa Barbara -- A Conversation with Mike Sheldon CEO of
Curvature. Mentorship Works.Mike Sheldon is President and CEO of
Curvature, an I.T. hardware and service provider based in Santa Barbara..
See http://www.socaltech.com/calendar/eventid/24464

January 22, Irvine -- Networking & Tech Talk w/CrowdStrike's Dave Cole.
Join the largest tech Meetup in Orange County - Tech in Motion OC, for
another exciting and enlightening Tech Talk featuring Dave Cole, Chief
Product Officer at CrowdStrike. CrowdStrike is a leading provider of
next-generation endpoint protection, threat intelligence, and services. We
will be hosting a Networking Hour before the Tech Talk begins. See
http://www.socaltech.com/calendar/eventid/24428

January 22, Irvine -- How Do I Build A Rock Star Team? TCVN. Raising
capital and building a killer team are the two biggest challenges to
startups.  Our expert panel will share valuable lessons learned in
acquiring top talent.  We all have heard “Hire for attitude, train for
skills” but what does that really mean.  And, how do you even find great
people?  This panel discussion by people who have cracked the code will
answer those questions and more. Speakers: Victor J. Bullara, ACC, ELI-MP
- CEO of World Class HR; Erik Sprotte - Executive Recruiter, Senior Human
Resources Consultant. See http://www.socaltech.com/calendar/eventid/24465

January 29, Los Angeles -- Growth Capital Conference. Network with capital
sources, advisors, deal makers and 100 entrepreneurs seeking capital &
counsel. See http://www.socaltech.com/calendar/eventid/24394

January 29, Burbank -- 3D Printer World Burbank 2015 brings together the
largest range of 3D printers, technology and professionals ever assembled
under one roof. The three-day 3D printing event, which includes exhibits,
demonstrations, education tracks, contests and networking opportunities.
See http://www.socaltech.com/calendar/eventid/24456

January 30, Annenberg Community Beach House, Santa Monica -- LA Uncubed. LA
Uncubed is a packed day of founder-led classes, startup skill workshops, &
hiring (for those seeking their next startup gig). Meet the teams behind
25+ of LA's fastest-growing innovators. Apply to attend @ la.uncubed.com
Hiring companies include Media Temple (web hosting service acquired by
GoDaddy set to IPO for $4.5 billion), Whisper (anonymous social network
for sharing secrets, w/ 3.5 billion monthly page views), Bottlenose (using
Big Data to identify, anticipate, and create trends), + more. See
http://www.socaltech.com/calendar/eventid/24479

January 30, Burbank -- 3D Printer World Burbank 2015 brings together the
largest range of 3D printers, technology and professionals ever assembled
under one roof. The three-day 3D printing event, which includes exhibits,
demonstrations, education tracks, contests and networking opportunities.
See http://www.socaltech.com/calendar/eventid/24457

January 31, Burbank -- 3D Printer World Burbank 2015 brings together the
largest range of 3D printers, technology and professionals ever assembled
under one roof. The three-day 3D printing event, which includes exhibits,
demonstrations, education tracks, contests and networking opportunities.
See http://www.socaltech.com/calendar/eventid/24458

February 3, Culver City -- Engage: The LA Digital Storytelling Conference.
ENGAGE is a one-day event that connects you with a carefully selected
group of experts, visionaries and leaders to talk about trends in digital
storytelling—and what new developments to get ready for. It’s a terrific
opportunity to meet people in a setting that’s informal, informative, and
inspiring. Register now for ENGAGE, and we’ll save your seat for the one
conference that digital content creators and client-facing teams shouldn’t
miss. See http://www.socaltech.com/calendar/eventid/24372

February 4, Los Angeles -- Recurring Revenue Conference. For consumers we
see examples such as music, package delivery, even razor blades. The
impact on the Business to Business subscription economy is even deeper
because of SaaS or Software as a Service. Today, companies no longer need
to invest millions of dollars for internal IT departments when they can
outsource the same capabilities with no upfront fee. These outsourced
services range from back office support, to sales, and marketing
intelligence. There are literally thousands of successful companies in
this space, most of them less than 5 years old. This is creating a golden
age of entrepreneurship. We have a lineup of industry leading speakers who
are entrepreneurs, investors and executives. Our keynote speaker is one of
the SaaS pioneers, Rick Stollmeyer, founder and CEO of MindBody. See
http://www.socaltech.com/calendar/eventid/24471

February 6, Irvine -- OCTANe and Executive Next Practices will be hosting a
leadership and strategy summit on February 6, 2015 at the Taco Bell
headquarters in Irvine. See
http://www.socaltech.com/calendar/eventid/24453

February 10, Los Angeles -- 2015 Digital Entertainment World (DEW) to
Feature Keynotes from Sony Pictures, Maker Studios and VICE.DMW announced
3 Keynotes for the 2015 Digital Entertainment World (DEW):Steve Mosko,
President of Sony Pictures Television, Ynon Kreiz, President of Maker
Studios, Eddy Moretti, Chief Creative Officer of VICE Media Worldwide. DEW
2015 will feature 100 sessions with senior executives from leading
companies and brands in entertainment, media and technology. See
http://www.socaltech.com/calendar/eventid/24426

February 11, Newport Beach -- Hiring from Competitors. OC Tech Alliance.
The best employees often come from your direct competitors, but recruiting
them can raise a host of legal issues for all parties — the previous
employer, the new employer, and the employee being recruited. This timely
workshop will discuss the best practices for all concerned.. See
http://www.socaltech.com/calendar/eventid/24478

February 11, Los Angeles -- 2015 Digital Entertainment World (DEW) to
Feature Keynotes from Sony Pictures, Maker Studios and VICE.DMW announced
3 Keynotes for the 2015 Digital Entertainment World(DEW):Steve Mosko,
President of Sony Pictures Television, Ynon Kreiz, President of Maker
Studios, Eddy Moretti, Chief Creative Officer of VICE Media Worldwide. DEW
2015 will feature 100 sessions with senior executives from leading
companies and brands in entertainment, media and technology. See
http://www.socaltech.com/calendar/eventid/24432

February 12, San Diego -- CONNECT FrameWorks Workshop: Introduction to
Venture Capital. Raising money is no easy task — but it can be done if you
focus on the right priorities and avoid common deal-killers. See
http://www.socaltech.com/calendar/eventid/24481

February 12, Irvine -- How to Fund Your Lifescience Startup. OCTANe.
Fund-raising and partnering for small to medium sized life sciences
companies are more challenging in today’s capital sourcing environment.
These challenges include a smaller number of venture funds, investors
favoring later-stage opportunities and a greater focus on
revenue-generating assets. Yet despite these challenges, many early stage
and new life science companies are getting funded and completing
accelerated financing. Of course, the successful companies start with an
attractive product concept or technology that clearly addresses an unmet
need.  Importantly, however, they also develop a compelling  plan and
implement the necessary company structuring in advance of the partnering
processNEW . See http://www.socaltech.com/calendar/eventid/24491

February 12, Los Angeles -- 2015 Digital Entertainment World (DEW) to
Feature Keynotes from Sony Pictures, Maker Studios and VICE.DMW announced
3 Keynotes for the 2015 Digital Entertainment World (DEW):Steve Mosko,
President of Sony Pictures Television, Ynon Kreiz, President of Maker
Studios, Eddy Moretti, Chief Creative Officer of VICE Media Worldwide. DEW
2015 will feature 100 sessions with senior executives from leading
companies and brands in entertainment, media and technology. See
http://www.socaltech.com/calendar/eventid/24433

February 12, Los Angeles -- Cassandra Day Los Angeles 2015 - February 12th,
2015. Cassandra Days are full day conferences designed to bring together
beginner and expert Apache Cassandra users in an environment that fosters:
beginner-level training, advanced use cases/tutorials, executive sessions,
networking and more. Join us at this upcoming Cassandra day to: — Learn
about how to get started with Cassandra, model your data, optimize your
cluster, advanced technical tutorials and company use cases.— Hear from
local Cassandra users and DataStax engineers, with sessions for both
beginners and experts. — Discover new features available in the latest
release of Apache Cassandra. See
http://www.socaltech.com/calendar/eventid/24470



-----------------------------------------------------------------------


Sponsored by:

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Investments in and Acquisitions of Growing Software Companies

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Email [email protected] for more information about sponsoring this
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