Sat.Jul 27, 2013 - Fri.Aug 02, 2013

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ValueClick Founder And Internet Pioneer Brian Coryat: Startups Are Like Pouring Water Downhill

InfoChachkie

'Easy To Start, Hard To Control. A version of this article previously appeared on Forbes. Brian Coryat, Founder and CEO of Local Market Launch and former founder of ValueClick (NASDAQ: VCLK) recently spoke as part of UCSB''s Distinguished Lecture Series. His talk was entertaining and informative and contained a number of witty entrepreneurial insights, such as: "Startups are like high school.

Startup 229
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On Ramp Wireless: Connecting The Smart Grid

socalTECH

'In the world of mobile app and Internet startups, it''s not that often that you see companies who touch the hardware side of the world get funding nowadays. One of the companies that has recently is On Ramp Wireless (www.onrampwireless.com), a San Diego company in the M2M market headed by Kevin Hell. The firm recently raised a $15M series C funding, and we caught up with Kevin to learn more about why its customers, and investors, are interested in its technology.

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Measuring your power in the Internet marketplace.

Berkonomics

'There are a number of key performance indicators that help new generation company management see more clearly their progress and corporate health. The old measures, including return on investment, percentage of profit against revenue or employee count, and more, obviously are still relevant. But businesses that expose their story to tens of millions of potential customers through the Internet need additional tools.

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

'The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. Overall, 90% of small business failures are caused by poor cash flow, according to the D&B Small Business website. Cash is king when it comes to the financial management of a growing company, so this is not the place for shortcuts and sloppy practices.

Startup 114
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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TechZulu Final Friday at NextSpace Coworking Culver City (#TZFF)

Tech Zulu Event

'This month TechZulu is heading to NextSpace Coworking in Culver City! For those unfamiliar, held the last Friday of every month, TechZulu Final Fridays (#TZFF) are a creative blend between mentorship, networking event, startup showcase, and community celebration. Join us as we introduce you to featured faces and spaces across our great city, highlighting the many flavors of innovation that make up the LA tech ecosystem…plus plenty of free food and drinks.

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Albumatic Raises $4.2M For Photo Sharing App

socalTECH

'Los Angeles-based Albumatic , a developer of an iOS photo sharing application, has raised $4.2M in a funding round, the firm disclosed this week. The funding came from RRE Ventures, Thrive Capital, SV Angel, CrunchFund, Highline Venture Partners, Betaworks, and Box Group. Albumatic was founded by Adam Ludwin and Devon Gundry. A regulatory filing indicates the round actually had a first close back in April.

More Trending

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10 Top Impediments to Creative Business Thinking

Startup Professionals Musings

'Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. But even the best of them can easily slip into some bad decision habits that limit or hurt their business, due to natural human tendencies and the pressures of business challenges.

Metrics 110
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Attract A MILLION New Customers Overnight with YouTube Marketing – Literally

Tech Zulu Event

'Tonight, in my Facebook feed, ( thanks to Micah Baldwin ), I came across the Hello Flo video. It is YouTube marketing at its best. Huffington Post is already calling it the “ Best Tampon Campaign Ad in the History of the World” and the video only went live yesterday. YESTERDAY. From the time I took a screenshot of the view count for this article, to my fingers clicking away typing these words, the video has already shot up over an additional 300,000 views totaling 1,851,189 views in 2 days.

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Monoprice Acquired By Blucora In $180M Deal

socalTECH

'Rancho Cucamonga-based Monoprice , an online retailer selling home theater components, speakers, and related consumer electronics products, has been acquired for $180M in cash by Internet company Bluecora. According to Blucora, Monoprice was founded in 2002, and sells its own, name-brand items on its website. Monoprice had revenues of $131.1M for the twelve months ending June 30, 2013.

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LA Investor Backs Mobile App Developer Helping Taxis Fight Startups

socalTECH

'There''s been a lot of back and forth in the past few months between ridesharing and transportation startups like Uber , Lyft , and Sidecar , and local taxi companies--who are not happy at all that those companies are moving in on their turf. To help those taxi companies, a Los Angeles investor-- Craton Equity Partners --has backed a mobile app developer called Flywheel , which is helping taxi companies arm themselves for the fight against those startups.

Mobile 185
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Infrascale Ties Into SharePoint

socalTECH

'Los Angeles-based cloud storage provider Infrascale announced this morning that it has connected its enterprise collaboration tool, FileLocker, with Microsoft''s popular SharePoint software. According to InfraScale, its FileLocker tools provides encryption and cloud-based sharing of data to customers in SharePoint, including synchronization tools, in-cloud file editing, cloud access to SharePoint files via iPhone/iPad, Android, and Windows Phone, and more.

Tool 178
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Bottlenose Lands $3.6M For Social Media Analytics

socalTECH

'Bottlenose , a brand new startup in social media analytics, has raised $3.6M in a Series A funding round. The company said the funding round was led by ff Venture Capital, and also included Lerer Ventures, Transmedia, Advancit, as well as other leading funds and angel investors. Bottlenose said that its software is helping brands and agencies, including Pepsi, FleishmanHillard, Razorfish, and DigitasLBi, to map and track trends in social networks.

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Zadara Storage Raises $3M From Toshiba

socalTECH

'Irvine-based Zadara Storage , which develops cloud connected, block and file-based storage devices for the enterprise, has raised $3M in a funding round, the company said today. Zadara said the funding came from Toshiba America Electronics Components. Zadara Storage said the funding will go towards sales, support, and engineering. Zadara Storage is split between Irvine and Nesher, Israel, and offers up enterprises and service providers a way to manage and connect their companies into either pub

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Quarterly Co. Adds Food, Fitness, Health Contributors

socalTECH

'Hollywood-based Quarterly Co. , the startup which delivers a curated set of gifts, via subscription, to customers every quarter, is expanding into the food, health, and fitness category. According to the company, it has added MizzFIT.com founder Bianca Jade, author and star of FitLife.TV Drew Canole and meal kit service HelloFresh as contributors to its service.

Hollywood 170
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ActiveReplay Looks To Track Action Sports With New Bluetooth Device

socalTECH

'A new, Los Angeles startup is hoping to make it easier for action sports fans to track their moves on their smartphone and a mobile app--plus a new device--if it can get funding on Kickstarter. According to ActiveReplay , it has launched Trace, a Bluetooth device which uses 9-axis sensors, a GPS, Bluetooth, and an embedded processor to track the movements of skaters, skiiers, snowboarders and surfers.

Mobile 170
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YieldMetrics Becomes Adomic

socalTECH

'Santa Monica-based online advertising firm YieldMetrics has renamed itself Adomic , as part of a rebranding effort, the firm said today. The startup, which is backed by Upfront Ventures (which also just went through a renaming effort, from GRP Partners), did not say exactly why it decided to rename itself. The start is led by Gabe Gottlieb. As part of the rebranding, the company said it has named Stephanie Grossman as SVP, Business Development, Sales and Marketing.

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Maker Studios Launches Network Focused On Geeks, Gamers

socalTECH

'Maker Studios , the Los Angeles-based YouTube network, has launched a brand new network focused on gaming and geek culture, the firm said Thursday. According to Maker Studios, the new network, Polaris , will feature everything from 8-bit nostaliga to e-sports enthusiasts, and such stars as PewDiePie, Yogscast and Dodger Plus. Maker said the new network is focused on videos, culture, movies, comics and all-things-geek.

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Rubicon Project In Huge Executive Growth Push

socalTECH

'In what might easily be the most number of executives announced at once in Southern California, Los Angeles-based online advertising marketplace The Rubicon Project announced ten new executives across engineering, data, administrative and operational strategy, legal, financial and business development. According to the company, it has hired Tim McQuillan as Chief Knowledge Officer; Dr.

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How Yapert Puts All Your Interests In One Mobile App, With Phil Kelly

socalTECH

'How do you keep up with everything that''s happening with your favorite interests, brands, and personalities on your mobile phone? Right now, that''s a jumble of different social services, websites, and more--which is the problem that Yapert (www.yapert.com) thinks it has solved. Yapert raised a funding round a few weeks ago from the Tech Coast Angels, Desert Angeles, and Pasadena Angels for its mobile apps, which consolidates news and information about your favorite interests.

Mobile 159
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SlimSurveys Looks To Connect With Developers With New API

socalTECH

'SlimSurveys , the new startup headed by former TweetPhoto founder Sean Callahan, has just released a new development platform and API, the company is announcing today. The company--which lets developers easily poll their users via their own mobile apps--said that its Developer Program and API lets developers, publishers, and other partners add survey functionality to any web app or mobile platform, including both iOS and Android.

Develop 159
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PowerGenix Signs Peugeot

socalTECH

'San Diego-based advanced battery developer PowerGenix said today that it has signed up French car maker PSA Peugeot Citroen as a customer. According to PowerGenix, Peugeot has signed an "innovation" contract where Peugeot will evaluate the use of PowerGenix'' Nickel-Zinc batteries as a replacement for lead-acid batteries. Financial details of the deal were not disclosed.

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Sapphire Energy Pays Off Government Loans

socalTECH

'In what might be one of the first successful examples of an energy startup company making effective use of taxpayer guarantees, San Diego-based Sapphire Energy , which is developing algae-based crude oil technology, said it has completely paid of a loan guarantee from the U.S. Department of Agriculture. Sapphire Energy had been awarded $54.5M in a loan guarantee in December of 2009, to help build an algae-to-crude oil commercial demonstration facility in Columbus, N.M.

San Diego 157
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NationBuilder Adds Mac Editing Support

socalTECH

'Los Angeles-based NationBuilder , the operator of the online service to help manage political campaigns, nonprofits, government organizations, and business outreach, has bolstered its support for the Mac. The company said over the weekend that it has launched a new Mac app, which helps designers synchronize their templates with the Mac. The company said the new tool , NationBuilder Theme Sync for Mac, helps Mac-based designers edit files on their own machine, rather than using the company''s br

Template 157
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MentorNight's Mentor List Tops 100

socalTECH

'Are you a startup founder wishing you could find someone more experience to help meet other entrepeneurs, get some advice, and help you figure out the issues you face? One Los Angeles group, MentorNight , believes it now has the largest mentor network outside of the local accelerators and incubators, and now has over 100 mentors looking to help up and coming entrepreneurs.

CTO Coach 153
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Lootsie Links Gamers With Rewards

socalTECH

'Los Angeles-based Lootsie said Thursday that it has launched a new, mobile rewards program aimed ta casual game players, which will provide rewards to iOs and Android game players for in-game achievements. According to Lotsie, the company''s new reward program lets players cash out those points for gift cards, prizes, special offers, and more. Lootsie said the company''s rewards program is aimed at helping advertisers better connect with game players, bypassing banners and pop-ups which are dis

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Creative Allies Reaches 300 Million Fans For Crowdsourced Band T-Shirts

socalTECH

'Creative Allies , a startup which helps bands crowdsource t-shirts and other merchandise from their fans, said today that it is now reaching over 300 million music fans through its social media efforts. The website lets fans of bands vote for their favorite t-shirts, and enter design contests for their favorite bands, films, and festivals. The site lets designers put their designs up for a vote, providing cash, prizes, and royalties on sales of those t-shirts.

Design 153
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Kwikset Aims At Smartphone Crowd With New Door Lock

socalTECH

'It looks like the humble front door is the center of a lot of innovation nowadays, as a number of vendors have started to try to figure out how to combine the ubiquitous smartphone with unlocking your front door. The latest in that area comes from a venerable name in locks-- Kwikset , which announced a brand new product called the Kwikset Kevo. According to Spectrum Brands Holdings, which owns the Kwikset brand, it has teamed with Unikey Technologies to launch a smartphone-enabled door lock, wh

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Domain Associates: Fifth Investment With Rusnano From $760M Fund

socalTECH

'San Diego-based venture investor Domain Associates is reporting today that a fifth company in its portfolio--ReVision Optics--has received funding via its agreement with Rusnano, the Russian state''s investment corporation. Revision optics announced a $55M funding round this morning. Domain inked a deal with Rusnano to create a $760 million co-investment partnership, back in March of last year, as it sought to find a way to more reliably provide late stage capital to its portfolio companies.

Invest 153
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XIRSYS Takes On WebRTC Hosting

socalTECH

'One of the newest web standards to emerge in the world of video hosting and streaming is WebRTC, a new open source project specifically aimed at allowing web browser applications to support real time communications. To address that, a new, local startup, XirSys has launched a new infrastructure-as-a-service aimed at hosting WebRTC applications and services.

Web 149
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Triton Digital In Ad Targeting Deal

socalTECH

'Los Angeles-based Triton Digital said this week that it has partnered with targeting company Semcasting , to expand the targeting capabilities in its streaming audio advertisement exchange. Triton said the partnership allows the company to target listeners on any device, without using cookies. Financial details of the partnership were not announced.

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PayDivvy Acquired By Higher One

socalTECH

'Newport Beach-based PayDivvy , an online service which let groups split bills among each other, has been acquired by Higher One , a provider of student financial services company. Financial terms of the buy were not disclosed. PayDivvy had allowed users to split up bills--utilities, restaurant bills, other shared expenses--and handled collecting those various split bills between friends, roommates, and others.

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PEAR Takes On Fitness Tracking, Workouts

socalTECH

'Irvine-based PEAR Sports announced this morning that it has launched a new product that uses a heart rate monitor and your smartphone to provide customized coaching and fitness training. The firm announced a system which uses heart rate-based training to customize workouts for users, via their smartphone. The company explains that it lets users "download workouts"--ranging from yoga, to strength training or running--similar to how you download music or movies from iTunes.

Training 147
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WebMetro Acquired By TeleTech

socalTECH

'San Dimas-based WebMetro , a search marketing and digital marketing agency, has been acquired by TeleTech Holdings , the two said today. Financial terms of the buy were not disclosed. According to the companies, WebMetro will become part of TeleTech''s Customer Growth Services division, Revana. TeleTech is a large provier of customer service outsourcing to companies.

San Dimas 147
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ZestFinance Raises $20M

socalTECH

'Los Angeles-based ZestFinance , a developer of "big data" based software tools for credit scoring and underwriting, has raised $20M in a financing round, led by Peter Thiel. The round also includes Lightspeed Venture Partners, Matrix Partners, Kensington Capital Holdings, and Eastward Capital Partners. As part of the funding, Thiel Capital, Peter Thiel''s investment firm, will gain a board observer seat.

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SpaceX Wins Canadian Launch Program

socalTECH

'Hawthorne-based commercial space rocket developer Space Exploratoin Technologies said this afternoon that it has been awarded a launch reservation contract to support the Canadian space program. SpaceX said the company will carry three satellites to orbit on a Falcon 9 rocket in 2018, via a contract with MacDonald, Dettwiler and Associates Ltd. (MDA).

SpaceX 147
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Local Corporation Sells Spreebird

socalTECH

'Irvine-based Local Corporation is abandoning the daily deals market, saying this morning that it has sold its Spreebird daily deals business to nCrowd. Financial terms of the sale were not announced. Local Corporation said that nCrowd has acquired both the Spreebird business and all related assets, as the company has decided to exit from the direct SMB sales market.

Sales 147