socaltech.com TechNews - Tuesday, May 12, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------------------------------------------------ --TrueCar: More Than Half Of Users Now On Smartphones, Tablets --Cornerstone OnDemand Rolls Out New Products --Imprimis Pharmaceuticals Finds $15M In Debt --Rowl Acquires Open Me --WiSpry Acquired By Hong Kong Company --Grindr Seeks Sale, Says Report --Wag! Finds $2.45M For Dog Walking Marketplace MARKETPLACE --Fetch Recruiting, Inc. --Pitching Your Financial Vision to Investors (and More) - May 21st --VoltDB: Need Help Handling Fast Data? --La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator --Reliam- Leaders of Internet Application Management --Pixelgate.net - Internet Access, Web Hosting, Network Services RECENT JOB POSTINGS --Software Development Engineer, Pasadena, Oben --Seeking Technical Program Manager for Oben out of IdeaLab, Pasadena, Oben --Lead Web Applications Engineer, Pasadena, Wallaby Financial --IT Support and Help Desk (Part-Time), Santa Monica, RampRate --Director of Marketing - Master of Online (Multiple States), Santa Monica, RampRate --Senior Sourcing Analyst for IT Infrastructure Services (Multiple States), Santa Monica, Ramprate RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- Finalists Announced! EY Entrepreneur Of The Year 2015 Buy your tickets now to see who will take home top honors at this year’s Greater Los Angeles Awards Gala on June 16, 2015 at the Beverly Hilton Hotel. Recognized globally in 145 cities and 60 countries, the EY Entrepreneur Of The Year Awards honors the most outstanding entrepreneurs who inspire others with their vision, leadership and achievement. These business leaders were selected by an independent panel of judges. Collectively, these 24 finalist companies employ close to 17,000 people. On average, they have increased their workforce by more than 63% and have grown their revenues by 81% over the last two years. To see the full list of finalists and purchase tickets for the Awards Gala, please visit our website: http://bit.ly/EOYFINALISTS. Please join us in congratulating these inspiring leaders on social media using #EOYGLA. --------------------------------------------------------------------------- TrueCar: More Than Half Of Users Now On Smartphones, Tablets ---- Santa Monica-based car buying and selling marketplacce TrueCar says that more than half of the consumers coming to the service are now using either a smartphone or tablet. TrueCar detailed the information in the announcement of the launch of a new product, TrueCash, which offers up personalized incentives from manufacturers and dealers, and also features high resolution photographs, embedded video, and more to help manufacturers showcase their brands. According to TrueCar, it saw more than 2.2 million downloads of its mobile app on iOS and Android as of the first quarter of 2015. Cornerstone OnDemand Rolls Out New Products ---- Santa Monica-based talent management software developer Cornerstone OnDemand has launched two new products this morning, including a new predictive analytics dashboard and a cloud platform aimed at developers. Cornerstone OnDemand said that its Cornerstone Insights product uses machine learning and big data to help businesses better hire, train, manage, and retain their top talent. The new Cornerstone Edge product is a platform-as-a-service (PaaS) specifically aimed at developers, to help them create web and mobile applications which leverage Cornerstone OnDemand's talent management data. Cornerstone OnDemand is led by Adam Miller. Imprimis Pharmaceuticals Finds $15M In Debt ---- San Diego-based Imprimis Pharmaceuticals, a company developing compounded drugs, said thiss morning that it has scored $15M in a term loan. The debt funding came rom Life Sciences Alternative Funding LLC. According to Imprimis, the funding will go towards expansion and growth of the company's opthallogy and urology business. The company said the loan has an interest rate of 12.5 percent per year and monthly, interest-only payments for the first three years. Imprimis is led by Mark L. Baum. Rowl Acquires Open Me ---- Santa Monica-based event discovery app startup Rowl said Monday that it has acquired Open Me, a company which provides e-greeting cards and birthday and holiday reminders. Rowl said it paid $6M, consisting of 10 million shares of its common stock at $0.60 per share, for Open Me, which has around 140,000 daily active users. Open Me was venture backed by MySpace (Science, MySpace), Pritzker Group Venture Capital, United Talent Agency, Sky, along with others. Open Me was co-founded by Ilya Pozin. WiSpry Acquired By Hong Kong Company ---- Irvine-based RF semiconductor developer WiSpry has been acquired by a Hong Kong-based electronics manufacturer, AAC Technologies, the two said this morning. Financial terms of the acquisition were not disclosed. WiSpry is a developer of tunable, MEMs-based radio frequency semiconductors used for antenna tuning and filtering. The companies said WiSpry will continue to develop its RF MEMS products as a subsidiary of AAC Technologies. WiSpry was venture backed by Acadia Woods Partners, American River Ventures, Arkian, Blueprint Ventures, Chart Venture Partners, DoCoMo Capital, Hotung Venture Capital, In-Q-Tel, L Capital Partners, MuRata Manufacturing Co., Ltd., Paladin Capital, Shepherd Ventures, Sid R. Bass Associates, the Tech Coast Angels, and Western Technology Investment. Grindr Seeks Sale, Says Report ---- Los Angeles-based dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. http://www.socaltech.com/grindr_seeks_sale_says_report/s-0060155.html Wag! Finds $2.45M For Dog Walking Marketplace ---- Los Angeles-based Wag!, the developer of a mobile, on-demand marketplace to find dog walkers, said last week that it has raised $2.45M in a seed funding round. The funding came from Freestyle Capital, Greylock, Crunchfund, Slow Ventures, Social Leverage, and RRE Ventures. Wag develops an app which lets users instantly find someone to walk their dog. The startup, led by Josh Viner, said it will use the funds to open up services in San Francisco and for further market expansion. Wag said it costs $20 per dog for each half hour walk, plus an additional $5 per dog in the same household; the company's app lets users track their dog during their walk, with a map of the walk, pictures, and a behavior report. The company said it launched at the beginning of the year in LA. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=63998 --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------ADVERTISEMENT------------------------------- Pitching Your Financial Vision to Investors (and More) - May 21st SAM Preccelerator Program Presents: “Pitching Your Financial Vision to Investors (and More)” with Eli Eisenberg – May 21, 2015. OIN STUBBS ALDERTON & MARKILES, LLP FOR THIS EXCLUSIVE EVENT! This course will show you how to put your best foot forward when presenting your company’s business model to potential investors. Areas covered will include: 1. What investors are looking for in your pitch 2. How to prepare a credible financial model 3. Pitching techniques that work Register today! https://www.eventbrite.com/e/sam-preccelerator-program-presents-pitching-your-financial-vision-to-investors-and-more-with-eli-tickets-16906003311 ------------------------------ADVERTISEMENT------------------------------- VoltDB: Need Help Handling Fast Data? Launching a successful start-up takes more than just creating a product that solves today’s problems. You need competitive advantage. How do you get this on a shoe string budget? VoltDB. We’re an in-memory, scale-out SQL database. We combine the capabilities of an operational database, real-time analytics, and stream processing – all in one easy-to-use platform. Come talk to us. We offer free software to start-ups; and as you grow, we grow. Let’s build something together. http://learn.voltdb.com/StartUp.html ------------------------------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------------------------------- Reliam- Leaders of Internet Application Management Who's ensuring the performance of your application or website? Reliam's Internet Application Management extends beyond the services currently available from most managed hosting providers and covers the entire application stack including customer application code. Reliam is trusted by the world's most recognized brands, the top interactive agencies, and the largest internet events in the world. Our services include: - State-of-the-art Internet Application Management - All-inclusive Managed Services - On-demand Scalable Hybrid Architectures - 24x7x365 U.S. Phone-based Rapid Support - Complete Monitoring - Enterprise Quality Server Hardware - Premium Tier IV Data Centers Please visit us at http://www.reliam.com to learn more. ------------------------------ADVERTISEMENT------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Software Development Engineer, Pasadena, Oben http://www.socaltech.com/showjob.php?id=5641 Seeking Technical Program Manager for Oben out of IdeaLab, Pasadena, Oben http://www.socaltech.com/showjob.php?id=5640 Lead Web Applications Engineer, Pasadena, Wallaby Financial http://www.socaltech.com/showjob.php?id=5639 IT Support and Help Desk (Part-Time), Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5638 Director of Marketing - Master of Online (Multiple States), Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5623 Senior Sourcing Analyst for IT Infrastructure Services (Multiple States), Santa Monica, Ramprate http://www.socaltech.com/showjob.php?id=5626 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 05/05/15 Incentive $1.7M http://www.socaltech.com/intelligence/?action=showdeal&id=63865 05/04/15 NeuroVigil $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63860 05/01/15 BigRentz, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63858 04/29/15 Seven Lakes Technologies $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63853 04/28/15 Nestigator, LLC $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63820 04/28/15 Access Integrated Healthcare $8.5M http://www.socaltech.com/intelligence/?action=showdeal&id=63818 04/27/15 Predixion Software, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63817 04/27/15 Ferris $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63816 04/23/15 3D Robotics $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63811 04/23/15 PingThings $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63810 04/22/15 RadPad $9.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63809 04/21/15 Twigtale $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63750 04/20/15 InAuth $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63747 04/17/15 Fliptu $1.2M http://www.socaltech.com/intelligence/?action=showdeal&id=63746 04/16/15 Acorns Grow Inc $23.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63710 04/16/15 Procore Technologies $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63707 04/13/15 Dubb $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63696 04/13/15 Ichor Medical Systems $85.0M http://www.socaltech.com/intelligence/?action=showdeal&id=63695 --------------------------------------------------------------------------- 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 May 13, Aliso Viejo -- What's In Your Backyard? The Benefits of Manufacturing in CA. OC Tech Alliance. With the increasing costs of labor, transportation, and other off shore factors, leading technology companies are evaluating “where should we be manufacturing for competitive advantage?”. See http://www.socaltech.com/calendar/eventid/24676 May 13, Thousand Oaks -- How CoolPlanet Raised Millions for Super Soil and Biofuel. Clean Technology Council. Keynote from Neil Wahlgren, Commercial Director at Cool Planet, a leading technology company in sustainable products relating to energy, food and water. The company converts non-grain based biomass into high-octane gasoline, jet and diesel fuel and CoolTerra BioChar soil amendment at their biocarbon facility. Cool Planet has backing from Google Ventures, BP, Conoco Phillips, GE, Exelon and NRG Energy to deploy Cool Planet technology. See http://www.socaltech.com/calendar/eventid/24709 May 14, Los Angeles -- Broads Circle 2015 Events Presents Money & Power Events: Open to the Public on MAY 14: Advantage Women: Targeting Government and Business Opportunities for Women Luxe Sunset Hotel, Los Angeles. Event Producer & Moderator: TRACY WILLIAMS President & CEO, Olmstead Williams Communications Keynote: KRISTEN ALLISON President & CEO, Burnham Benefits Insurance Services Panelist: DONNA J. DAVIS Regional Administrator for Region IX, SBA. See http://www.socaltech.com/calendar/eventid/24555 May 14, Westlake Village -- IEEE Buenaventura Spring Mixer “Rising Stars and Old Nebulas in Blue Jeans” celebrating Levi Strauss's patent of the blue jeans issued 142 years ago. Join us and see what everyone is up to! We are creating a moment for everyone to just chill and relax among fellow engineers in the cool and hip setting of the CLU’s new Huddle Entrepreneurial Center in Westlake Village. We designed a fun and easy going experience for you! You are the guest of the BV Section. No fee for entrance, parking, food or drinks. Zak Cohen, our emcee, will be providing one of his famous brief but truly humorous presentations on what happened on the same day a long time ago. This year, Zak will share some unique insights into the patent of the blue jeans by Levi Strauss 142 years ago!. See http://www.socaltech.com/calendar/eventid/24688 May 14, Costa Mesa -- May Workshop: Get Funded - How to Land A Big Check For Your Startup. Entrepreneurs spend countless hours chasing investors for their treasure. But why do so few start ups get funded? In this highly interactive and action-oriented workshop, participants will be challenged to figure out what’s holding back investment into their companies and work collaboratively to build an action plan to land a big check. Our speaker David Ochi - UCI Irvine Blackstone LaunchPad.. See http://www.socaltech.com/calendar/eventid/24701 May 14, Irvine -- Cleantech Leaders Conference The full-day event will focus on sustainability and innovative ways to conserve water and prevent pollution. Environmentalists, inventors and green venture capitalists will all be in attendance and networking. Some speakers include: Marjolein Helder CEO Plant-e; Jerry Yudelson Past president of the Green Building Initiative (GBI); Jeff Brain CEO of Ciralight Global, Inc; Mayor Miguel Pulido Mayor of Santa Ana.. See http://www.socaltech.com/calendar/eventid/24703 May 19, Santa Ana -- Intellectual property has become an increasingly critical element in the new product development, introduction, and commercialization process. PDMA SoCal is pleased to announce an evening with Dr. Anurag Bist, founder and CEO of AshmarIP, a leading intellectual property research and consulting firm. For further details check http://www.pdma.org/p/ca/vi/sid=538.. See http://www.socaltech.com/calendar/eventid/24485 May 20, Irvine -- The Changing Revenue Reporting Landscape: Are You on Stable Ground?.OC Tech Alliance. As regulators continue to step up scrutiny of financial statements, the clock is ticking toward implementation of the new converged revenue standards. Everyone – businesses, audit firms and consulting advisors – are evaluating what it will take for companies to remain compliant today and when the new standards take effect. This presentation will help financial executives ensure they keep pace with the current level of oversight as well as increase understanding of the new revenue recognition rules and how they might affect company strategy, processes and practices.. See http://www.socaltech.com/calendar/eventid/24677 May 20, La Jolla -- The Institute of the Americas presents the XXIV La Jolla Energy Conference invites thought leaders from across the hemisphere to present policy updates and outlooks on the key energy trends and issues for the Americas. In-depth analysis of energy trends and unparalleled exposure and networking for attendees and sponsors. via Green Lava. . See http://www.socaltech.com/calendar/eventid/24698 May 20, Los Angeles -- eXathon. Early X Foundation. Creating 100 New Business Opportunities In One Day.On May 20 the Early X Foundation will present IP Assets for commercialization from three of the Federal Government’s largest and most important national research laboratories. The event’s one-day goal: Create 100 new business opportunities. Email [email protected]. See http://www.socaltech.com/calendar/eventid/24700 May 21, Pomona -- H2O TECHCONNECT H2O TECHCONNEC Matchmaking & User Conference. The H2O TECHCONNECT Matchmaking & User Conference is designed to help the Innovation and Technology Community learn how to use the H2O TECHCONNECT Platform to "CONNECT" with innovation and technology community members, FORM virtual teams, FIND research partners, DISCOVER new technologies, DISCUSS ideas, FIND grant and funding partners, PARTICIPATE in pilot programs, CREATE prototypes, DISCOVER experts and resources, and COMMERCIALIZE your technology. H2O TECHCONNECT is accelerating connections in technology for innovators, universities, investors, public agencies, entrepreneurs, advanced manufacturing, etc. all over the world.. See http://www.socaltech.com/calendar/eventid/24662 May 21, La Jolla -- The Institute of the Americas presents the XXIV La Jolla Energy Conference invites thought leaders from across the hemisphere to present policy updates and outlooks on the key energy trends and issues for the Americas. In-depth analysis of energy trends and unparalleled exposure and networking for attendees and sponsors. via Green Lava. . See http://www.socaltech.com/calendar/eventid/24699 May 27, Irvine -- Tech Demos & Drinks (Tech in Motion). Join Tech in Motion Orange County – OC’s largest tech meetup, for another free event featuring live demos! How does tech get you moving? GitMoving: Demos & Drinks will feature companies that have tech products, software, apps that get us moving. Think robots, drones, apps, and athletic equipment. See http://www.socaltech.com/calendar/eventid/24711 May 28, Irvine -- SMART Worker A leader in the Internet of Things movement, Calit2, from the start, has developed and integrated technology into devices and applications for improving our daily lives. When President Obama launched the Advanced Manufacturing Partnership, Calit2 saw an opportunity to apply its IoT and people-centric approach, and launched a Sustainable Manufacturing Alliance for Research and Training (SMART). SMART’s vision: to employ technology to empower skilled workers with greater autonomy and decisionmaking responsibilities, resulting in more energy-efficient, productive and safer factories.. See http://www.socaltech.com/calendar/eventid/24693 May 28, Los Angeles -- K.C. Choi, the VP of Hewlett Packard, will discuss The New Style of IT: The “perfect storm” implications of cloud, big data, mobility and security on next generation computing technologies and software defined data centers. HP’s rethinking and reinvention of the computer, aka "The Machine". And an update on HP’s separation into two firms, and “what’s in it for customers”. See http://www.socaltech.com/calendar/eventid/24686 June 4, Los Angeles -- Information Security Summit. The premier Information Systems Security Event in Los Angeles. The Summit is known for its groundbreaking keynotes and speakers, and this year will be no exception, with Internationally Renowned Security Technologist and Author Bruce Schneier, David Kennedy, Ira Winkler, Matthew Prince, Aaron Turner, John Dickson, Jerry Hoff, Jim Manico, and Marcus Ranum amongst the line-up of featured keynotes and speakers.. See http://www.socaltech.com/calendar/eventid/24707 ----------------------------------------------------------------------- Sponsored by: TVC Capital LLC (www.tvccapital.com) Investments in and Acquisitions of Growing Software Companies Silicon Valley Bank (http://www.svb.com). Make next happen now. 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
