socalTECH
OCTOBER 14, 2013
'There''s been a revolution in the last few years with the dropping price and increasing accessibility of 3D printers--those devices which let you print practically anything using just your own personal computer, 3D software, and a special printer. One of the startups to come out of that 3D printing revolution is Deka Sounds (www.dekasounds.com), which is based in Orange County.
InfoChachkie
OCTOBER 14, 2013
'A version of this article previously appeared on Forbes. Popular and prolific and blogger James Clear recently shared with me why Richard Branson started Virgin Airlines. Not surprisingly, a beautiful, young girl played a prominent role in encouraging Richard to "screw it, just do it.". An entrepreneur, weightlifter and travel photographer, James'' work can be found at JamesClear.com, where he offers entrepreneurs leadership advice and insights.
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Startup Professionals Musings
OCTOBER 15, 2013
'Most entrepreneurs tend to avoid this area of the business, and as a result are badly surprised by cost realities, and investor expectations. They seem to think that financial projections are simply invented numbers for investors, and not useful. In reality, it’s like jumping in your car for a long hard drive with no destination in mind. Chances are, you won’t enjoy success from the trip.
Tech Zulu Event
OCTOBER 16, 2013
'I’m not trying to be an alarmist, but honestly fundraising can oftentimes feel like you’re navigating a minefield: one false step and the money blows up! That’s why you need to be clear on what you’re looking for, where to look for it, and what you need to get it. You start the process by targeting the right investors, seeking connections for warm intros, and then doing your research and homework to prepare yourself for investor meetings.
Advertiser: Aggregage
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socalTECH
OCTOBER 18, 2013
'Southern California technology companies raised $709.8M in venture capital in Q3, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data From Thomson Reuters. The amount raised in the region was up from Q2, when $627.4M was raised in the area, and slightly lower than Q3 of 2012, when $724.9M was raised in venture capital.
Both Sides of the Table
OCTOBER 14, 2013
'I’ve been involved with technology product design in one form or another for nearly 25 years and seen one mistake consistently repeated. The single biggest mistake most product teams make is building technology for what they believe the user would want rather than what the actual end-user needs. From the experience in my earliest days of designing products for Windows and OS2 machines in the early 1990′s I developed a product philosophy, “Design for the novice, configure for t
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Tech Zulu Event
OCTOBER 15, 2013
'Epic is the most dominant electronic health record (EHR) company in the US. Although Epic is a private company, it boasts over 6500 employees, $2.3B in revenue, and 150M patient records. Like most legacy healthcare IT companies, Epic runs an ancient technology stack. Its core database is a pre-SQL, cache-based database, which went out of style long before I was born.
socalTECH
OCTOBER 16, 2013
'A new, Los Angeles-based startup, Townhang.com , announced Wednesday that it has raised $700,000, and launched a new site to help people find interesting events, happenings, and activities in their city. The startup--founded by Alexey Karpov--said the funding came via equity crowdfunding efforts by the company. Townhang.com said it has so far launched its event discovery service in Los Angeles, Portland, London, and Luxembourg.
Berkonomics
OCTOBER 17, 2013
'Now you have worked for months to get this deal to the closing, anticipating the wire transfers to the shareholders that will come any minute. This could change your life style and give you that much needed pause in your life you have been looking forward to. All the documents were signed in a rolling series of emailed scanned signature pages during the past week or more, with each party signing their own set, never having to be in the same room to sign the single signature page for each agre
Startup Professionals Musings
OCTOBER 12, 2013
'I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. What’s more disconcerting to me is that I can name a few that weren’t even offered, and more than a few students who graduate are ill-prepared for the real world! I won’t even try to cover here the ones you didn’t find for your personal life, like managing personal finances and credit.
Tech Zulu Event
OCTOBER 17, 2013
'Peer-to-peer marketplace where locals offer experiences including tours, dining at local homes, and activities to travelers, Withlocals , is making its final preparations for the beta launch of local travel experiences for small groups of local hosts and travelers in South Asia, after raising $500,000 in funding from Greenhouse Group mid September.
socalTECH
OCTOBER 15, 2013
'Los Angeles-based hosting provider Media Temple has been acquired by GoDaddy , the two companies announced Tuesday. Financial terms of the acquisition were not disclosed. Media Temple was founded in 1998 by Demian Sellfors, and is currently headed by Russell P. Reeder. According to GoDaddy, the two companies will continue to operate independently. Media Temple''s customers include Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM, Volkswagen, and many others.
socalTECH
OCTOBER 16, 2013
'What do you get when you combine a team with a deep roster of executive talent from such companies as Cisco, Apple, and Nokia, and apply that to the world of "Internet of Things"--connecting your entire home to the cloud? You get Greenwave Reality (www.greenwavereality.com), a new startup based in Irvine, which is looking to apply the company''s consumer experience to the world of connected devices.
socalTECH
OCTOBER 14, 2013
'We''re trying to identify the top 100 up-and-coming individuals in Southern California''s technology industry? We''re looking to identify the individuals here in the technology industry, across all sectors, who are most likely to create the next big thing, produce the next big exit or to influence the industry in a significant way--the next generation of entrepreneurs and leaders across all of Southern California.
socalTECH
OCTOBER 17, 2013
'Los Angeles-based Myspace is ramping up its support of artists and musicians today, with two new features it says will help spotlight members of its community. Myspace said it launched two new initiatives, "Portfolio" and "Artist Films", which lets artists build their personal brand on the site. Portfolio is a multimedia tool aimed at helping artists showcase their work; Artist Films are personalized, short films which spotlight different artists.
socalTECH
OCTOBER 14, 2013
'Los Angeles-based Fliptu , the social media software developer headed by Jeremy Gocke, is targeting the music industry with its social service, and is launching a new platform that lets the music industry share the pictures, video clips, and other social items that fans are sharing before, during, and after concerts. The company said its new "social hub as a service" helps bands and artists aggregate that fan-created content, and also ties that content into merchandise, special ticket offers, a
socalTECH
OCTOBER 15, 2013
'Prolacta Bioscience , the venture-backed startup which is developing human milk-based products for treating premature infants, said this morning that it has opened up a new, 67,000 square foot facility in the City of Industry. The company said the new buildling will provide pharmaceutical grade manufacturing of its human milk-based products, as well as three cleanrooms and a giant freezer with 115,560 cubic feet for storing human milk.
socalTECH
OCTOBER 14, 2013
'San Diego-based Embarke has raised $1.25M in a funding round, which the company''s founder said came from a number of venture capitalists and angel investors. The company''s backers include Anthem Ventures, La Costa Investment Group, Right Side Capital Group, Promus Ventures, Social Leverage, plus angels, including Howard Lindzon, Eric Otterson, and others.
socalTECH
OCTOBER 16, 2013
'Los Angeles-based native advertising provider Nativo said Tuesday that it has named Jay Freedman, a former VP at Yahoo, as its new Chief Revenue Officer. According to Nativo, Freedman was most recently in charge of Yahoo''s Technology and Telecom Vertical, and also had been at Interclick. Nativo, which is led by Justin Choi, develops native advertising technology, technology which incorporates ads from brands and marketers into websites and publications which look and feel like content from tho
socalTECH
OCTOBER 18, 2013
'Los Angeles-based Triton Digital , the provider of streaming audio advertising technology, has signed up media trading buyer Accordant Media as a partner, the two said yesterday. The companies said that Accordant Media''s customers can now use its real-time audience buying technology across Trigon Digital''s global inventory, giving Accordant access to audio from such publishers as Entercom, CBS, Univision, and others.
socalTECH
OCTOBER 15, 2013
'In a surprise move, Santa Monica-based Demand Media said late Monday that founder, Chairman, and CEO Richard Rosenblatt has resigned from the company. Demand Media said that it has appointed Shawn Colo as interim President and interim CEO, effective immediately, with James Quandt taking the Chairman position. Reason for Rosenblatt''s departure was not given.
socalTECH
OCTOBER 14, 2013
'Santa Monica-based videogame developer Activision Blizzard said late Friday that it has completed its acquisition of its shares from Vivendi, in a deal worth approximately $5.83 billion. The company said it paid $13.60 per share in cash from Vivendi. The deal once again makes Activision Blizzard a fully independent company. The investor group which led the acquisition was led by Activision Blizzard CEO Bobby Kotick and Chairman Brian Kelly, as well as Davis Advisors, Leonard Green & Partner
socalTECH
OCTOBER 15, 2013
'Los Angeles-based online coupon site Savings.com has made a major expansion today, into the grocery coupon and shopping market. According to the company, it has launched a new app called Favado , which provides grocery coupon information, sales information, and printable grocery coupons to consumers. The new app--which runs on Android and iPhone--taps into an extensive network of grocery bloggers for its information, according to Savings.com CEO Loren Bendele, to pull up not only the latest dea
socalTECH
OCTOBER 16, 2013
'Los Angeles-based Instacanvas , the Muckerlab startup which provided a way for users to print their photos to canvas, swizzled its name, and business Wednesday, saying that it has renamed itself as Twenty20. According to the company, the switch came to elevate the photos and media being featured on the site "above social media", and to help get those photos in front of more people.
socalTECH
OCTOBER 17, 2013
'San Diego-based MicroPower Technologies , the developer of solar-powered, wireless surveillance cameras, said Thursday that it has named Dave Tynan as its new Vice President of Global Marketing and Business Development. Tynan had worked for such companies as Avigilon, GE Security and Verint Video Solutions, and has more than 10 years of experience in the surveillance industry.
socalTECH
OCTOBER 16, 2013
'Los Angeles-based DoubleBeam , a provider of payment technology, including mobile check- and credit card capture technologies, has signed up a new customer in the rental payments area. DoubleBeam said it has signed up YapStone , a provider of electronic payment solutions to the property management and nonprofit area, to power a mobile application called RentPayment.
socalTECH
OCTOBER 17, 2013
'Aliso Viejo-based Inari Medical , a medical device developer incubated out of Inceptus Medical , said Wednesday that it has raised $4.7M in a Series A funding round. The funding came from Versant Venturs and U.S. Venture Partners. Inceptus said that the funding will go towards development and commercialization of Inari''s devices for the interventional treatment of cardiovascular disease.
socalTECH
OCTOBER 15, 2013
'Irvine-based Newlight , a company developing technology which turns greenhouse gases into plastic, has raised an additional funding from private equity investor METRIX Capital Group. Size of the investment was not disclosed, however, METRIX said it doubled its stake in Newlight last week. Newlight''s technology uses processes to turn carbon dioxide from methane-based biogas and rich CO2 environments, and converts those into thermoplastic polymers, which the company says matches the performance
socalTECH
OCTOBER 14, 2013
'San Diego-based Celladon , a clinical stage biopharmaceuticals firm which is developing enzymes to address calcium regulation, has filed for an IPO. The company said it is looking to raise up to $86.25M in an offering on the NASDAQ Global Market, trading under the symbol CLDN. The company''s IPO is being underwritten by J.P. Morgan, Barclays, Stifel, and Wedbush PacGrow Life Sciences.
socalTECH
OCTOBER 14, 2013
'San Diego-based Vital Therapies has filed for an IPO, saying in a filing late Friday that it is looking to raised $86.25M in an IPO effort on the NASDAQ Global Market. The company is looking to trade as VTL. The company, which develops cell-based treatments for acute liver failure, is backed by private investors, including Wall Street financier Muneer A.
socalTECH
OCTOBER 18, 2013
'Santa Monica-based CrossCut Ventures , the venture capital investment firm founded by Rick Smith, Brian Garrett, and Brett Brewer, has received a new credit facility from Square 1 Bank, Square 1 announced this week. Size of the credit facility, and terms, were not announced. Neither CrossCut Ventures nor Square 1 Bank disclosed what CrossCut would be doing with that new source of funding, expect CrossCut said it expected the line to help it "smooth out timing differences" for its LP calls.
socalTECH
OCTOBER 18, 2013
'StoryBots , the kids'' mobile app developer, has gotten into the holiday spirit, and has just released a new, Halloween-themed app called A StoryBots Halloween. The free, iOS app incorporates the personalized, animated technology from JibJab (which it calls Starring You Video)--which inserts the head of you, your friends, and your kids into hilarious videos.
socalTECH
OCTOBER 17, 2013
'Irvine-based TigerLogic , a developer of application development tools, said Wednesday that it has sold off its Multidimensional Database Management Systems (MDMS) business to Rocket Software , in a deal worth $22M in cash. TigerLogic said the divestiture will help it focus on its cloud-based platforms in the social and mobile business area. TigerLogic was advised by Viant Group in the deal.
socalTECH
OCTOBER 17, 2013
'San Juan Capistrano-based TextPower , a developer of text messaging products aimed at enterprise alerts and the security and authentication market, said today that it has raised $525,000 in a Series A financing round. The financing came from the Tech Coast Angel''s ACE Fund, as well as angel investors from Orange County. The startup--led by Mark Nielsen--it targeting utilities, municipalities, and academic institutions with its product.
socalTECH
OCTOBER 16, 2013
'Desktone , the developer of virtual desktop software which had been founded by Los Angeles entrepreneur Eric Pulier, has been acquired by VMware. VMware announced the acquisition yesterday, but did not disclose financial details of the acquisition. Desktone''s software is used to deliver Windows-based desktops to virtual desktops and other devices.
socalTECH
OCTOBER 15, 2013
'Irvine-based automtive information provider Kelly Blue Book announced a new product today, a new car pricing tool it is calling the Kelley Blue Book Price Advisor. According to KBB, its new tool provides a range of prices, and also highlights different local dealerships, consumer ratings and reviews of those dealerships, specials on new cars, and inventory of those dealers.
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