socaltech.com TechNews - Tuesday, June 7, 2016

Benjamin F. Kuo Tue, 07 Jun 2016 06:21:12 -0700

socaltech.com TechNews - Tuesday, June 7, 2016
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).
Make next happen now.

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

Safire Partners (http://www.safirepartners.com).
Los Angeles-based executive search for emerging growth companies

Technical Connections, Inc. (http://www.technicalconnections.com)
Successfully connecting Tech Talent with Premier Clients in SoCal for
over 30 years.

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

--Forentis Fund Launches $50M Personalized Medicine Venture Fund
--Newegg, Indiegogo Team On Crowdfunding Effort
--CREATV Media, Led By Digital Media's Peter Csathy, Launches
--Blizzard Entertainment Links Games Into Facebook
--QLess Raises $3.5M To Reduce Waiting In Line
--YP Ties With TripAdvisor
--Yardi Wins Customer In Louisiana
--Semtech Sells Off Unit To Rambus
--Event Farm Raises $2.6M In Series A
--ERP Power Names New Board Member

MARKETPLACE
--TriNet - HR Services
--Technical Connections - Connecting Tech Talent with Premier
Clients in SoCal
--Project X – New Design Focused Accelerator in Los Angeles
-- Fastener.io - Connecting Publishers and Solutions
--Early Stage Commercial Insurance - Pacific Unified Insurance Agency

RECENT JOB POSTINGS

RECENT FUNDING

EVENTS

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

Forentis Fund Launches $50M Personalized Medicine Venture Fund
----
Murrieta-based Forentis Partners, a new venture capital investment
fund, said Monday that it has launched the Forentis Fund, a new, $50M
special purpose venture fund specifically focused on bringing
personalized medical solutions to market. The company said it will
invest in companies in the pahrmaceutical and diagnostic industries.
The new firm is led by Jay Goth, and is headquartered at the Murrieta
Innovation Center in Murrieta, California.
http://www.socaltech.com/forentis_fund_launches___m_personalized_medicine_venture_fund/s-0065682.html

Newegg, Indiegogo Team On Crowdfunding Effort
----
Los Angeles-based online electronics retailer Newegg and project
crowdfunding site Indiegogo said this morning that the two are in a
collaboration, where they will help successfully funded, crowdfunding
campaigns to sell and deliver their products. The two said that Newegg
will provide access to the retail market for Indiegogo campaigners,
and will provide distribution and fulfillment services to those
projects. The two said that Newegg and Indiegogo will jointly identify
some of the most promising and innovative campaigns that have reached
their funding goals, with Newegg helping with go-to-market, including
marketing assistance, merchandising, social media, shipping and sales
of products. Financial details of the deal were not disclosed.
http://www.socaltech.com/newegg_indiegogo_team_on_crowdfunding_effort/s-0065677.html

CREATV Media, Led By Digital Media's Peter Csathy, Launches
----
Peter Csathy, the digital media veteran who was CEO of Manatt Digital
Ventures for the last three yeras, said this morning that he has
launched a brand new company, called CREATV Media. Csathy said the new
venture is a media innovation, investment, and advisory firm.
According to Csathy, the new company will provide access to talent,
expertise, network, resources, and capital in the media and
tech-related industry. Csathy has a long history in the digital media
industry, having been involved as a mentor at the Disney Accelerator;
serving as President and CEO of Sorenson Media; heading up Sightspeed;
served as President and COO at Musicmatch before its acquisition by
Yahoo; in addition to serving at eNow, Universal Studios, New Line
Cinema, and Paul Hastings Janofsky & Walker.
http://www.socaltech.com/creatv_media_led_by_digital_media_s_peter_csathy_launches/s-0065676.html

Blizzard Entertainment Links Games Into Facebook
----
Irvine-based Blizzard Entertainment and Facebook said on Monday that
the two are in a new collaboration, where Blizzard will link its games
into Facebook, via Facebook Login. The deal will let users sign up
for, and log into games using their Facebook account. The deal will
also help drive more social activity and integration within Blizzard's
games. As a part of the deal, the two said they already have connected
up Blizzard's newest game, Overwatch, into Facebook, and will also be
adding those login features to World of Warraft, Heroes of the Storm,
Hearthstone, Diablo III, and StarCraft II. Financial details of the
deal were not disclosed.

QLess Raises $3.5M To Reduce Waiting In Line
----
Pasadena-based QLess, which is developing mobile apps to help reduce
the lines in government offices and other locations, has raised $3.
(More...)
http://www.socaltech.com/qless_raises_3__m_to_reduce_waiting_in_line/s-0065679.html
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=74380

YP Ties With TripAdvisor
----
Los Angeles-based YP says it has linked up its local search site with
travel planning and booking site TripAdvisor, the latest integration
and partnership deal for the online directory provider. According to
the two, consumers searching YP will see additional user-generated
reviews, ratings and information when they are searching for
businesses. The deal also adds photos from TripAdvisor to those search
results. Financial terms of the partnership were not disclosed. YP has
been signing up a growing list of integration partners, including the
Better Business Bureau (BBB), Groupon, Uber, and Fandango, for its
service.

Yardi Wins Customer In Louisiana
----
Santa Barbara-based property management software developer Yardi
reported a win in Louisiana this morning, with Weinstein Nelson
Management. Financial impact of the win was not disclosed. Weinstein
Nelson Management, which is based in Baton Rouge, is using Yardi's
software for reporting, lead tracking, and renewals for its
properties.

Semtech Sells Off Unit To Rambus
----
Camarillo-based analog and mixed signal semiconductor developer
Semtech Corporation said on Monday that it has agreed to divest its
Snowbush intellectual property (IP) business--which develops designs
for high speed serial networking interfaces--to Rambus. Semtech said
Rambus will pay $32.5M in cash, along with a future royalty through
2022 based on sales. Semtech said the sale was part of an effort to
exist business which it says are no longer aligned with the company's
long term strategy. Semtech's Snowbush IP was developed at the
company's Toronto, Canada, San Jose, CA, Aguascalientes, Mexico, and
Bhubaneswar, India locations, and primarily focused on SerDes
(serial/deserialization) cores used in ASICs, Systems-on-a-chip (SoC),
and other platforms.

Event Farm Raises $2.6M In Series A
----
Los Angeles-based Event Farm, which provides an enterprise, event
marketing product which helps event organizers with invites, guest
registration, and more, recently raised $2.6M in a Series A funding.
The funding brings their total to over $4M. The startup was founded by
Ryan Costello. The company offers up its software via subscription.
Source of that funding, which occurred earlier this year, was not
announced.
http://www.socaltech.com/intelligence/index.php?action=showdeal&id=74299

ERP Power Names New Board Member
----
Moorpark-based ERP Power, the manufacturer of solid state lighting
power supplies and LED drivers which was just acquired by Angeles
Equity Partners, said today that it has named Jeffrey Frank to its
board of directors. Frank previously has served at GE Power
Electronics, Lineage Power, Cherokee International, Lambda LEI, and
Deltec Electronics. Frank was head of Cherokee International when it
had its IPO in 2004, and was involved in the turnaround at Lineage
Power. ERP Power said Frank will focus on helping in strategic
direction, including to support "follow-on M&A activity".

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

MARKETPLACE
Reach 10000+ readers for 5 days for $250
Post your marketplace ad at: http://www.socaltech.com/postad.html