socaltech.com TechNews - Monday, February 23, 2015 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 Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------------------------------------------------ --Machinima Gets $24M, But Chops Staff --MyPoints Debut New Gifting App, Swappable --Upfront Names Chamillionaire As EIR --EnGenius Takes On Wireless Video Surveillance --Illumina Launches New Product --Momstamp Looks To Connect Mothers, Help With Referrals --MegaPath Sells Managed Services Business MARKETPLACE --New Q4/Full Year Money Tree Results! --SoCal IP Law Group LLP - Serving the IP Needs of Business --La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator --Binary Pulse Technology Marketing. We Create Demand. --Fetch Recruiting, Inc. RECENT JOB POSTINGS --Director of Healthcare Analytics , Santa Monica , MD Insider --Senior Software Engineer, Santa Monica, MD Insider --Lead Data Engineer, Santa Monica, MD Insider --Solution Architect , Santa Monica, MD Insider --Director of User Experience, Santa Monica, MD Insider --Business Development Associate: Advanced Engineering and Manufacturing, Los Angeles, British Consulate-General, Los Angeles RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- TechCXO - Los Angeles 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: Tim Noonan Managing Partner, LA Region TechCXO (805)290-3720 [email protected] --------------------------------------------------------------------------- Machinima Gets $24M, But Chops Staff ---- Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. However, the company also made some big cuts in its staff on Friday, following the funding round. According to reports from the Hollywood Reporter, Machinima cut 14 percent of its staff on Friday, immediately following the announcement of the new funding round from its backers. The company has now raised nearly $100M in funding over its lifetime. http://www.socaltech.com/intelligence/?action=showdeal&id=62382 MyPoints Debut New Gifting App, Swappable ---- Woodland Hills-based United Online said this morning that its MyPoints.com loyalty marketing service has launched a new, mobile app called Swappable, to help consumers buy and send gift cards. According to the company, the new app lets users buy gift cards using their credit cards, and easily gift those cards to friends. Among other features of the app are the ability of gift recipients to "swap" those gift cards for other, equal value gift cards from other merchants, and personalized photo, video, or text messages tied to those gift cards. The new app runs on both iOS and Android. Upfront Names Chamillionaire As EIR ---- Los Angeles-based venture investment firm Upfront said late Sunday that it has named rapper and entrepreneur Chamillionaire as its newest entrepreneur-in-residence. According to Upfront's Mark Suster, Chamillionaire has been making small co-investments in such companies as Maker Studios, and working with the firm as an advisor. Suster said Chamillionaire willl be moving to Los Angeles for awhile, and working out of the firm's offices to develop his entrepreneurial ideas. EnGenius Takes On Wireless Video Surveillance ---- Costa Mesa-based EnGenius Technologies, which makes wireless communications and RF products, said it is targeting the outdoor surveillance market with its latest product. EnGenius said it has rolled out the EnGenius WiFi Surveillance Solution, which combines wireless access points, IP cameras, and a management system specifically aimed at deployment on school campuses, hotels, and resorts. The new solution combines a long range, 5Ghz outdoor access point and bridge, an IP surveillance camera, and video management software. The product starts at $299. Illumina Launches New Product ---- San Diego-based gene sequencing equipment maker Illumina said this morning that it has launched a new product, aimed at the preparation of sequencing libraries. The company said its NeoPrep Library Prep System greatly simplifies DNA library prep, quantification, and normalization, reducing a process that normally took several hours into 30 minutes. The product is used in DNA research. Momstamp Looks To Connect Mothers, Help With Referrals ---- A new, Los Angeles-based startup, MomStamp, recently said it has launched, to help mother connect with their extended network and better get referrals from "friends of friends" to local service providers. The startup, which likens itself to "Angie's List and Yelp meets Facebook", said is backed by Brian Lee of The Honest Company/ Bam Ventures, Adam Miller, CEO of Cornerstone OnDemand, and artists Shepard and Amanda Fairey. The startup says it hopes to make it easier for parents to search for everything from plumbers, to dentists, to math tutors. The startup was founded by mothers Paulette Light, Staci Miller, and Julie Hermelin. MegaPath Sells Managed Services Business ---- MegaPath, the provider of cloud and broadband services which has major operations in Orange County, said last week that it has sold its managed services businesss to GTT Communication. The deal is worth $152.3M, split between $144.8M in cash plus $7.5M in stock. MegaPath's Managed Services division provided private networking, access services, and managed security services to enterprise clients. MegaPath's headquarters are in Pleasanton, California, but the company got its start in Costa Mesa before merging with Covad and Speakeasy. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- New Q4/Full Year Money Tree Results! Get the latest Q4/Full Year 2014 PwC SoCal MoneyTree Report Are you interested in understanding the latest trends in venture capital investments in Southern California? Want to know how the region did in terms of venture capital? PwC has just posted the results of the Q4 2014 Southern California venture deals, in its Shaking The MoneyTree presentation and update from HJ Paik, Director, Emerging Company Services Download it today for free! http://www.socaltech.com/pwc/PwC%20Shaking%20the%20MoneyTree%20Q4-Full%20Year%202014.pdf http://www.socaltech.com/pwc ------------------------------ADVERTISEMENT------------------------------- SoCal IP Law Group LLP - Serving the IP Needs of Business IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.com ------------------------------ADVERTISEMENT------------------------------- La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator Local branding agency launches a new design-centric accelerator program. We help you streamline the launch of your startup by offering world-class branding, product strategy, user-experience design, rapid-prototyping technology, mentorship, and access to early stage investment all under one roof! Contact us to setup a meet and greet today. Contact: Braven Greenelsh CEO [email protected] [email protected] Direct: 323-924-8847 | Studio: 818-824-6430 | Fax: 888-763-7412 Website: Lavisual.com Linkedin Profile: www.linkedin.com/in/braven ------------------------------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------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Director of Healthcare Analytics , Santa Monica , MD Insider http://www.socaltech.com/showjob.php?id=5617 Senior Software Engineer, Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5616 Lead Data Engineer, Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5615 Solution Architect , Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5614 Director of User Experience, Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5613 Business Development Associate: Advanced Engineering and Manufacturing, Los Angeles, British Consulate-General, Los Angeles http://www.socaltech.com/showjob.php?id=5612 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 02/23/15 Machinima.com $24.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62382 02/19/15 17Hats $1.3M http://www.socaltech.com/intelligence/?action=showdeal&id=62298 02/18/15 Firefly Games $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62291 02/17/15 Tealium Inc. $30.7M http://www.socaltech.com/intelligence/?action=showdeal&id=62290 02/17/15 Laguna Pharmaceuticals $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62288 02/12/15 LoveLab $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62200 02/12/15 Cidara Therapeutics $42.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62199 02/11/15 Laurel & Wolf $4.4M http://www.socaltech.com/intelligence/?action=showdeal&id=62198 02/11/15 Hyperloop Technologies $8.5M http://www.socaltech.com/intelligence/?action=showdeal&id=62197 02/10/15 New Matter $6.5M http://www.socaltech.com/intelligence/?action=showdeal&id=62193 01/29/15 Ouya $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=61882 01/29/15 Cargomatic, Inc. $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=61881 01/28/15 Lootsie, Inc. $3.5M http://www.socaltech.com/intelligence/?action=showdeal&id=61873 01/27/15 Money Mailer $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=61868 --------------------------------------------------------------------------- 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 February 23, Santa Monica -- VC's, Angels, Incubators and Accelerators. Pay It Forward Labs. Last month was the biggest event ever with over 900 attendees, 4 bands, 15 start up booths and 8 funding mentors giving their expertise for free. You asked us for more angels, more VCs, more incubators and more investors. Thats exactly what we are giving you. This month we will have twice the amount of mentors and experts just for you.. See http://www.socaltech.com/calendar/eventid/24537 February 23, Ventura -- Gordon Research presents Nanomaterials for Applications in Energy Technology. Developing sources of sustainable energy is a crucial challenge for the 21st century. Nanotechnology may contribute paradigm-changing approaches to energy technology, because many energy conversion and storage processes occur at interfaces and surfaces, which are abundant in nanomaterials. Ventura Beach Marriott. (via Green Lava). See http://www.socaltech.com/calendar/eventid/24516 February 24, Los Angeles -- Women in LAVA "PITCH PITCH AND AWAY" Working Sessions. LAVA. Every entrepreneur needs a polished pitch deck to present to investors and an elevator pitch that rolls off their tongues at networking events. We want to help get yours to perfection. This year we will be hosting a series of working sessions for women entrepreneurs to develop their pitch presentation, practice the pitch, and get invaluable feedback from mentors and colleagues. These sessions will lead to the chance to present to a panel of women-focused investors at our Investor Panel Event in December. Participation in at least one of these events will qualify you to apply for our pitch competition.https://generalassemb.ly/education/women-in-lava-pitch-pitch-and-away-working-sessions/los-angeles/11207. See http://www.socaltech.com/calendar/eventid/24543 February 24, Ventura -- Gordon Research presents Nanomaterials for Applications in Energy Technology. Developing sources of sustainable energy is a crucial challenge for the 21st century. Nanotechnology may contribute paradigm-changing approaches to energy technology, because many energy conversion and storage processes occur at interfaces and surfaces, which are abundant in nanomaterials. Ventura Beach Marriott. (via Green Lava). See http://www.socaltech.com/calendar/eventid/24517 February 25, San Luis Obispo -- Women In Tech Dinner Panel. Softec. Panel includes: Stephanie Jennings, VP at Mind Body Online; Jen Rushing, STEM teacher at Central Coast New Tech High. This is a particularly special event because we have partnered with CalPoly's SWE, Society of Women Engineers, to introduce these young ladies to our local technology community. See http://www.socaltech.com/calendar/eventid/24527 February 25, Ventura -- Gordon Research presents Nanomaterials for Applications in Energy Technology. Developing sources of sustainable energy is a crucial challenge for the 21st century. Nanotechnology may contribute paradigm-changing approaches to energy technology, because many energy conversion and storage processes occur at interfaces and surfaces, which are abundant in nanomaterials. Ventura Beach Marriott. (via Green Lava). See http://www.socaltech.com/calendar/eventid/24518 February 26, Irvine -- TCVN EntrepreneurMIXER. An after-work get-together, soiree, party and all-around general excuse to detach yourself from your laptop, start-up team, cubicle or office and mix with entrepreneurs and investors. See http://www.socaltech.com/calendar/eventid/24526 February 26, Ventura -- Gordon Research presents Nanomaterials for Applications in Energy Technology. Developing sources of sustainable energy is a crucial challenge for the 21st century. Nanotechnology may contribute paradigm-changing approaches to energy technology, because many energy conversion and storage processes occur at interfaces and surfaces, which are abundant in nanomaterials. Ventura Beach Marriott. (via Green Lava). See http://www.socaltech.com/calendar/eventid/24519 February 26, Carmel Valley -- From Lab to Skin: Quantifying the Chemical Self: Learn more about the latest in UC San Diego wearable technologies, chemical-sensor fitness tracking and Electrozyme’s lab-to-skin commercialization journey. Wearable chemical sensors open up a whole new world of health information. Sweat alone has hundreds of unique biomarkers which can be analyzed to gain insights into one’s metabolism and personal wellness that go way beyond steps and heart rate. See http://www.socaltech.com/calendar/eventid/24528 February 27, Ventura -- Gordon Research presents Nanomaterials for Applications in Energy Technology. Developing sources of sustainable energy is a crucial challenge for the 21st century. Nanotechnology may contribute paradigm-changing approaches to energy technology, because many energy conversion and storage processes occur at interfaces and surfaces, which are abundant in nanomaterials. Ventura Beach Marriott. (via Green Lava). See http://www.socaltech.com/calendar/eventid/24520 March 3, Santa Monica -- Mobile LAVA - Startup Stories: The Good, The Bad, The Ugly. In this next installment of Mobile LAVA we are are going to tell war stories about start-up life in the trenches. We’ll hear about triumphs, defeats, and the inevitable slog through the muck that every entrepreneur must face in order to realize their business goals without losing all the money. Of course, those with the best front row seat to these start-up dramas are the lawyers who hold our hands, dispense advice, and do their best to keep entrepreneurs from getting totally screwed (or—more accurately—keep entrepreneurs from screwing themselves). . See http://www.socaltech.com/calendar/eventid/24548 March 4, Woodland Hills -- Data Visualization for the Quality Professional. SCQAA. Michael Scofield, Asst. Professor in Health Informatics at Loma Linda University will speak on why decision-makers often ask for "data", but what they really want is information that will help them understand a problem or a condition around the decisions that need to be made. However, they often do not know what data is available, what it is called, and how the data they need derived can be expressed.. See http://www.socaltech.com/calendar/eventid/24534 March 5, Los Angeles -- The USC Alumni Association is proud to present the 7th Annual USC Women's Conference: "Be Bold and Thrive!" We invite you to join more than 1,000 alumnae, parents, students and friends for an inspirational day of workshops, lively discussions and networking, here on our ever-changing University Park Campus. For further details see https://secure.www.alumniconnections.com/olc/pub/SCA/event/showEventForm.jsp?form_id=183596.. See http://www.socaltech.com/calendar/eventid/24449 March 6, Pasadena -- TZ Tech Crawl is back for the new year and teaming up with Digital LA for their Digital Women Symposium!! Come take a tour of some of the hottest LA Tech companies located in Pasadena. See http://www.socaltech.com/calendar/eventid/24552 March 6, Los Angeles -- BritWeek Nomination Deadline. The BritWeek and UK Trade & Investment Business Innovation Awards, presented by Virgin Atlantic, celebrate outstanding achievements in innovation among the diverse UK-California business community. See http://www.socaltech.com/calendar/eventid/24482 March 6, San Diego -- Startup Weekend EDU San Diego. Have you ever had an idea for improving education? Here’s your opportunity to transform your education ideas into action in 54 hours. Find the right people with the complementary skills & passion to build an education product in one weekend. Design for learning, conduct user tests, receive coaching from experienced education designers & industry professionals and win prizes that will help take your idea to the next level. See http://www.socaltech.com/calendar/eventid/24540 March 6, Pasadena -- Digital LA - Digital Women Symposium. Held on the weekend of International Women's Day, our first Digital Women symposium celebrates women in tech including women startup CEO / founders, digital professionals, developers, designers and more. The symposium includes panels, keynotes, and workshops featuring women and men to discus action steps to increase and retain women in tech, and connect and inspire attendees. The symposium will bring together speakers and attendees from LA to OC to Pasadena, at the new Cross Campus Pasadena location. See http://www.socaltech.com/calendar/eventid/24551 March 7, San Diego -- Startup Weekend EDU San Diego. Have you ever had an idea for improving education? Here’s your opportunity to transform your education ideas into action in 54 hours. Find the right people with the complementary skills & passion to build an education product in one weekend. Design for learning, conduct user tests, receive coaching from experienced education designers & industry professionals and win prizes that will help take your idea to the next level. See http://www.socaltech.com/calendar/eventid/24541 March 8, San Diego -- Startup Weekend EDU San Diego. Have you ever had an idea for improving education? Here’s your opportunity to transform your education ideas into action in 54 hours. Find the right people with the complementary skills & passion to build an education product in one weekend. Design for learning, conduct user tests, receive coaching from experienced education designers & industry professionals and win prizes that will help take your idea to the next level. See http://www.socaltech.com/calendar/eventid/24542 March 10, Santa Monica -- Startup Grind Los Angeles Hosts Cody Simms (Managing Director, Techstars). Cody has been operating at the intersection of technology and media since the late 1990s when his first employer Snap.com merged into NBC Internet. He is particularly interested in the ever-changing ways that our increasingly networked and connected society, creates, distributes and consumes information.. See http://www.socaltech.com/calendar/eventid/24539 March 10, Santa Monica -- Women in LAVA: "SO YOU THINK YOU CAN RAISE?" You have your concept, your team, marketing strategy, maybe even some sales, and now it’s time to raise capital to start or expand your company. Are you ready? Do you have all your financial ducks in a row? Is the timing right for your company for an Angel round? For a Series A round? Do you know how much you need to launch and to make it through your first year or two? What are investors looking for in a company? What triggers the funding? Is Crowdfunding the right path for your company? These are the questions our experienced panel will help you wade through, to help you have a clear picture of what you need to have ready for your raise.. See http://www.socaltech.com/calendar/eventid/24549 March 12, Santa monica -- LAVA Annual Venture Awards Dinner. LAVA 12th Annual Venture Awards Dinner Celebrating 30 years of service to the Los Angeles Entrepreneurial Community. Featuring Frank Mottek, KNX1070 Business Hour Host as Master of Ceremonies. 2015 Hall of Fame Honoree - CHUCK DAVIS OF TCV AND SWAGBUCKS. See http://www.socaltech.com/calendar/eventid/24550 March 18, Santa Ana -- PDMA SoCal is pleased to welcome Jeff Blanton back for another informative and thought-provoking speaking engagement. Jeff’s wealth of experience includes strategic planning and product development for Fortune 500 companies as well as early-stage startups. For further details see "http://www.pdma.org/p/ca/vi/sid=537";.. See http://www.socaltech.com/calendar/eventid/24487 March 19, La Jolla -- CONNECT's Entrepreneur Hall of Fame. Join CONNECT in honoring Dr. Andrew Viterbi, Co-Founder of Qualcomm, at the prestigious Entrepreneur Hall of Fame Awards luncheon. See http://www.socaltech.com/calendar/eventid/24480 ----------------------------------------------------------------------- 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). SoCal-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. 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 PricewaterhouseCoopers (http://www.socaltech.com/pwc). Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas 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) 2014 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
