socaltech.com TechNews - Wednesday, August 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. 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 Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Vanity Fair: Tinder's Acceleration Of Hookup Culture --United Online Sells Classmates For $30M --Zadara Wins Gilt --Ixia Gets Customer Win With Mellanox --PatientSafe Solutions Names CFO --Tech Coast Angels See 42x Return At MindBody --Coding Dojo Expands To Burbank MARKETPLACE --Stradling --Safire Partners Executive Search --Binary Pulse Technology Marketing --La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator RECENT JOB POSTINGS --DevOps Engineer, Marina Del Rey, TeleSign --Senior Software Engineer, Marina Del Rey, TeleSign --QA Automation Engineer, Marina Del Rey, TeleSign --Release Engineer, Marina Del Rey, TeleSign --Investment Officer: Technology & Media, Los Angeles, British Consulate-General, Los Angeles --Full Slack Developer, Marina Del Rey, Vision Fleet RECENT FUNDING EVENTS --------------------------------------------------------------------------- Vanity Fair: Tinder's Acceleration Of Hookup Culture ---- Whatever you think of Los Angeles-based Tinder, the mobile app-driven, swipe left/right method of finding a hot date--it has completely changed dating, according to Vanity Fair. (More...) http://www.socaltech.com/vanity_fair_hookup/s-0061445.html United Online Sells Classmates For $30M ---- Woodland Hills-based United Online said this morning that it has sold its Classmates subsidiary, to Intelius Holdings, for a mere $30M in cash. According to United Online, the sale is a "great outcome" for the company, and will allow it to add additional capital to its other existing businesses. United Online said that Classmates was a non-strategic asset for the company. United Online had acquired Classmtes.com for $100M back in 2004, and had even attempted an IPO of the unit in 2007. Classmates gives users access to online copies of high school yearbooks, as well as names and lists of former high school classmates. http://www.socaltech.com/united_online_sells_classmates_for_3_m/s-0061441.html Zadara Wins Gilt ---- Irvine-based cloud-based storage service provider Zadara reported Tuesday that it has signed up online shopping site Gilt as a customer. Financial impact of the win was not announced. Zadara said that Gilt has deployed its storage-as-a-service with Amazon Web Services, rather than expanding a current on-premise HP 3PAR storage array. Zadara's storage service uses on-site storage appliances which connect into the cloud, handling storage and caching of the data into various cloud services. Ixia Gets Customer Win With Mellanox ---- Calabasas-based Ixia, the manufacturer and developer of network testing hardware and software, reported a win Tuesday at Infiniband and Ethernet networking equipment maker Mellanox. Ixia said that Mellanox wil luse its products to verify the functionality of new, 100GbE products, including network adapters, switches, cables, and transceivers. Financial impact of the win was not announced. PatientSafe Solutions Names CFO ---- San Diego-based PatientSafe Solutions, which develops mobile healthcare software, said Tuesday that it has named Balaji Sekar as its Chief Financial OFficer. Sekar was most recently interim CFO for Sutherland Global Services, ahd had worked as CFO of Sutherland Healthcare Solutions. PatientSafe is venture backed by TELUS Ventures. Tech Coast Angels See 42x Return At MindBody ---- The Tech Coast Angels, Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody, the developer of cloud-based business management software for the wellness industry. MindBody had its IPO in May. TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment. Although TCA members saw an excellent return on investment in MindBody, the 42x return still does not trump the 100x return the TCA's members scored in their investment in another portfolio company, Green Dot, back in 2010. Coding Dojo Expands To Burbank ---- Coding Dojo, the operator of a coding bootcamp program, says it has opened up a location in Los Angeles, in Burbank. The company--which offers up a 14-week development program to teach students coding skills--says its location in Los Angeles is the third for the company. Coding Dojo also has locations in Seattle and Silicon Valley. Coding Dojo said it specifically set up shop in Los Angeles, because of its growing tech sector. The company's CEO, Richard Wang, said that the company sees that Los Angeles is becoming a thriving ecosystem of entrepreneurs. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Stradling Stradling, Attorneys At Law (http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 120 attorneys in seven locations on the west coast. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners has completed 500+ retained executive searches since 2006 working with emerging businesses in Southern California. Please visit our website to see an updated list of our clients and searches completed at http://www.safirepartners.com/. We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at [email protected]. ------------------------------ADVERTISEMENT------------------------------- Binary Pulse Technology Marketing We produce and manage content-centric campaigns that enable our clients to connect with their prospects. For nearly twenty years, 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 -- Content Strategies & Editorial Calendar Management -- Marketing Automation Systems and Administration -- Channel Program Development -- Web Site Design & Development -- Corporate and Product Branding -- Video Production and Marketing -- Whitepaper Authoring and Syndication -- Social Media Marketing Please visit us at http://www.binarypulse.com to learn more or give us a call at 949-336-7400. ------------------------------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: http://Lavisual.com Linkedin Profile: www.linkedin.com/in/braven ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free DevOps Engineer, Marina Del Rey, TeleSign http://www.socaltech.com/showjob.php?id=5661 Senior Software Engineer, Marina Del Rey, TeleSign http://www.socaltech.com/showjob.php?id=5660 QA Automation Engineer, Marina Del Rey, TeleSign http://www.socaltech.com/showjob.php?id=5659 Release Engineer, Marina Del Rey, TeleSign http://www.socaltech.com/showjob.php?id=5658 Investment Officer: Technology & Media, Los Angeles, British Consulate-General, Los Angeles http://www.socaltech.com/showjob.php?id=5657 Full Slack Developer, Marina Del Rey, Vision Fleet http://www.socaltech.com/showjob.php?id=5656 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 08/07/15 JenaValve Technology Inc $26.5M http://www.socaltech.com/intelligence/?action=showdeal&id=66271 08/06/15 CLUTTER INC. $1.3M http://www.socaltech.com/intelligence/?action=showdeal&id=66269 08/06/15 GovX, Inc. $11.5M http://www.socaltech.com/intelligence/?action=showdeal&id=66268 08/06/15 Skyroam $24.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66267 08/06/15 MediaPlatform FKA Interactive Video Technologies $12.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66266 08/05/15 AdtoApp $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66264 08/05/15 Virtium $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66261 08/05/15 IQMS $40.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66260 08/04/15 Chewse $5.8M http://www.socaltech.com/intelligence/?action=showdeal&id=66108 08/04/15 Seriously $18.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66106 08/03/15 Cylance $42.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66105 07/31/15 FreedomPop $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66100 07/30/15 Fuisz Media $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66096 07/28/15 Kareo $55.4M http://www.socaltech.com/intelligence/?action=showdeal&id=66088 07/27/15 Dealstruck $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66084 07/23/15 SGN FKA MindJolt FKA Platform G, Inc. $130.0M http://www.socaltech.com/intelligence/?action=showdeal&id=66079 07/16/15 Flipagram $70.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65811 07/15/15 Omaze $9.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65810 07/15/15 HopSkipDrive $3.9M http://www.socaltech.com/intelligence/?action=showdeal&id=65808 07/14/15 Realty Mogul $35.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65750 07/13/15 GrollTex $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65744 07/13/15 iZSearch $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65743 07/13/15 CrowdStrike Holdings, Inc. $100.0M http://www.socaltech.com/intelligence/?action=showdeal&id=65742 --------------------------------------------------------------------------- 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 August 12, Los Angeles -- SIGGRAPH 2015. The annual SIGGRAPH conference is a five-day interdisciplinary educational experience in the latest computer graphics and interactive techniques including a three-day commercial exhibition that attracts hundreds of exhibitors from around the world. See http://www.socaltech.com/calendar/eventid/24792 August 13, Costa Mesa -- Potential Disruption of the Internet of Things in MedTech. This interactive breakfast will explore how the Internet of Things - IoT - could enable new business models that would be a real threat to established MedTech players. We'll present a framework to decompose how value is created in a hyperconnected environment and analyze different business models across care settings. Finally we'll review how companies may react to two different IoT adoption scenarios. See http://www.socaltech.com/calendar/eventid/24805 August 13, Los Angeles -- SIGGRAPH 2015. The annual SIGGRAPH conference is a five-day interdisciplinary educational experience in the latest computer graphics and interactive techniques including a three-day commercial exhibition that attracts hundreds of exhibitors from around the world. See http://www.socaltech.com/calendar/eventid/24793 August 18, San Diego -- EvoNexus MarketLink Program: Private Meetings With Huawei Executives. MarketLink is an EvoNexus program that facilitates hour-long, private meetings between multinational corporations and emerging technology companies. Huawei is a global leader of ICT solutions. Continuously innovating based on customer needs, we are committed to enhancing customer experiences and creating maximum value for telecom carriers, enterprises, and consumers. Deadline to apply is July 17th. See http://www.socaltech.com/calendar/eventid/24810 August 19, San Diego -- EvoNexus MarketLink Program: Private Meetings With Huawei Executives. MarketLink is an EvoNexus program that facilitates hour-long, private meetings between multinational corporations and emerging technology companies. Huawei is a global leader of ICT solutions. Continuously innovating based on customer needs, we are committed to enhancing customer experiences and creating maximum value for telecom carriers, enterprises, and consumers. Deadline to apply is July 17th. See http://www.socaltech.com/calendar/eventid/24811 August 20, Costa Mesa -- LaunchPad Open House 8/20/15. If you're an entrepreneur looking to get funding or an investor looking to make your next big deal, come to the LaunchPad Open House to learn more about how we can help you. We will take a deep dive into the highly tested and effective LaunchPad process as well as open up the floor to Q&A. See http://www.socaltech.com/calendar/eventid/24806 August 20, San Diego -- EvoNexus MarketLink Program: Private Meetings With Huawei Executives. MarketLink is an EvoNexus program that facilitates hour-long, private meetings between multinational corporations and emerging technology companies. Huawei is a global leader of ICT solutions. Continuously innovating based on customer needs, we are committed to enhancing customer experiences and creating maximum value for telecom carriers, enterprises, and consumers. Deadline to apply is July 17th. See http://www.socaltech.com/calendar/eventid/24812 August 25, Santa Monica -- 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/24546 August 26, Los Angeles -- 6th Annual Women In Green Forum (Los Angeles): TreePeople Hilltop Conference Center & Retreat Locale The 6th Annual Women in Green Forum will bring together an international audience focused on the latest green innovations. Join us in Southern California to meet face-to-face with those framing the environmental industry! You will experience a day unlike any other high above the City of Los Angeles at TreePeople's 45-acre Coldwater Canyon Park (right off Mulholland Drive in the Santa Monica Mountains) offering nature trails and experiential education. Thank you for your support of the Women in Green Forum!. See http://www.socaltech.com/calendar/eventid/24767 September 2, Costa Mesa -- Emerging Business – Growth, Strategy & Exit Planning. When most businesses think about strategy, they think about how they focus people, systems and processes on delivering customer value and ultimately growth. While this strategy is successful for some, focusing upon a broader set of activities delivers far more sustainable growth. See http://www.socaltech.com/calendar/eventid/24807 ----------------------------------------------------------------------- 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
