Berkonomics

JULY 23, 2015

When you think of patents, you think of added value to the corporation in the form of protection of its intellectual property. In fact, many corporations spend millions developing surrounding patents to form what is known as a “patent thicket,” much like Brer Rabbit jumped into to protect himself against his detractors in the briar patch. Investors like to see patents or patent applications as evidence of intellectual property value and barriers to entry.

Patents 173

Patents Email Company Companies 173

socalTECH

JULY 23, 2015

Los Angeles-based mobile games studio SGN , which is led by former MySpace founder Chris DeWolfe, has raised $130M in a funding round from Netmarble Games. SGN said that Netmarble Games is the number one mobile games publisher in South Korea. SGN said it will use the investment to expand its market presence in Asia, including making game studio acquisitions, and also working with Netmarble Games to help bring the firm's titles to the Western market.

Mobile 160

Mobile Los Angeles Acquisition Invest 160

socalTECH

JULY 23, 2015

Wade Eyerly , the founder of Los Angeles-based membership airline Surf Air , has raised $7.5M for a brand new, membership-only airline called Beacon --this time, on the East Coast. Beacon said Wednesday that the funding was led by Romulus Capital, and also included from MiVentures, Western Technologies Investment, and others. Beacon is initially planning to fly between Boston and New York City.

Los Angeles 152

Los Angeles Invest Capital Funding 152

socalTECH

JULY 23, 2015

San Diego-based Events.com , the startup led by Gregg Parise which helps event organizers with their events and event registration, has raised a new funding round, and acquired EventsOnline. EventsOnline is a provider of registration for the endurance market. Events.com says it has now raised over $17M in funding. Events.com--which has a significant number of former Active Network executives and employees--helps events with registration, communications, social media marketing, and more.

Funding 142

Funding Social Media San Diego Activity 142

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

JULY 23, 2015

Los Angeles has a new, startup accelerator in town, thankss to talent manager Troy Carter , who announced on Thursday that he has launched SMASHD LABS , to help accelerate companies in the area of entertainment & culture. According to Carter, the new accelerator--which will launch on September 14th--will invest $50,000 in each of 5-7 participating companies, and also help tie those companies with brand partners and mentors.

Entertainment 135

Entertainment Mentor Los Angeles Startup 135

socalTECH

JULY 23, 2015

Los Angeles-based Prevoty said this morning that it has named Roger Thornton, the Chief Technology Officer at Alienvault, to its board of directors. Thornton is also the founder of Fortify Software, which he sold to HP in 2010. Prevoty develops runtime application security software. Prevoty is led by Julien Bellanger, and is backed by US Venture Partners, Plus Capital, Double M Capital, Core Ventures Group, Inventures Group, Daher Capital, Digi Venture Fund and Karlin Ventures.

Chief Technology Officer 135

Chief Technology Officer Los Angeles Software Capital 135