Sat.Mar 31, 2012 - Fri.Apr 06, 2012

Hiring Developers Before Product/Market Fit?

SoCal CTO

Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that? Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition.

Some Thoughts about Selling at Startups

Both Sides of the Table

Many MBA programs still cater too much to the needs of large, corporate management jobs or prepare students to enter big consulting companies or investments banks. If you haven’t read Adam Lashinsky’s awesome new book about Apple , you should.

Course 103

Trending Sources

Mogreet Gets $4.1M More

socalTECH

Los Angeles-based Mogreet , the provider of mobile video marketing services which is run by James Citron, said this morning that it has raised $4.1M in a strategic investment round. The round was led by Black Diamond Ventures, and also included DFJ Frontier, Ascend Ventures, Bryant Park Ventures and Draper Associates. The company said the new round brings its total raised to $14.1M. Mogreet said the funds will go towards launching mobile sharing service moShare.

Tracky Launch Event and Those In Support of #VegasTech

Tech Zulu Event

For those who may think Las Vegas is just the home of Zappos, Conferences, and day/night entertainment, well you are right. However, there is a whole new breed of entrepreneurs and startups starting to emerge from the #VegasTech scene.

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Spam’s Cousin | Graymail and How Hotmail Is Conquering It

Tech Zulu Event

Once upon a time we had inboxes with messages only from friends and family or work. An inbox that could be managed in a matter of minutes rather than hours or days. Then the Internet grew up. The chain letters started coming in strong. You HAD to sign up.

Think ahead, if you will need more money later.

Berkonomics

Some businesses just can’t fit within the angel capital or friends and family model for raising funds. Sooner or later these businesses will have to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment. First, VC’s in general cannot invest in ‘S’ corporations or limited liability companies (LLC’s). This is only a minor problem in that both forms can convert easily into ‘C’ corporations at low cost and little consequence.

Research Expo 2012

SoCal Tech Calendar

Thursday, April 12, 2012 -- Research Expo 2012. The UC San Diego Jacobs School of Engineering invites you to campus to see research underway and meet talented graduate students at our annual Research Expo. 230+ graduate student posters highlight engineering research / Ten-minute faculty talks from all six engineering departments / Meet faculty, students and technologists at the networking reception. Stay all afternoon or just a few hours in your area of interest.

Epicor Acquires Auto Parts Software Firm

socalTECH

Epicor Software , the developer of enterprise resource planning (ERP) software which has major operations in Irvine, said Thursday that it has acquired Internet AutoParts (IAP), a developer of business-to-business e-commerce software for the automotive replacements parts distribution market. Epicor did not announce any financial terms of the acquisition. Internet AutoParts' software is used by automotive parts distributors and dealers to manage reordering of parts.

Long To-Do List? Make a Not-Right-Now List

Frank Addante

In today’s digital age, it’s hard to focus. But the Not-Right-Now list can help you get things done. Most people operate with To-Do lists. If you’re like me, it seems as though that To-Do list never ends and you never check everything off of it. It’s so easy to add new things to the To-Do list. For those who use their email box as a To-Do list, it can be even worse.

Interview with Michael Schneider, Mobile Roadie

socalTECH

If you're a music artist or band, and you want to create your own fan app for the iPhone, Android, or iPad, you're looking at hiring an app development firm, spending six months, and $100,000--right? Actually, no thanks to Santa Monica-based Mobile Roadie.

Spaceport America Gets Runway Extension For Virgin Galactic

socalTECH

Landing requirements for the space vehicles being developed by Mojave-based Virgin Galactic , the space tourism startup being built by Virgin Group's Richard Branson, are necessitating a $7M, runway extension at Spaceport America.

Sites 39

Surf Air Launches Startup Airline Out Of Muckerlab

socalTECH

Tired of being herded like cattle on your regular trip between Los Angeles and Palo Alto? Los Angeles-based Surf Air just launched today, emerging out of the MuckerLab accelerator, saying that it is looking to turn the airline industry on its head with a subscription-based, all you can fly airline initially targeting commuters between Silicon Valley and Los Angeles.

Boingo Signs Wi-Fi Deal With Denver International Airport

socalTECH

Los Angeles-based Boingo Wireless , the Wi-Fi network operator, is extending its airport network today, saying that it has signed a deal to provide Wi-Fi internet for passengers at the Denver International Airport (DIA).

Couponler Launches Small Business Coupon Site

socalTECH

Are you a small business looking to help drum up some business? Los Angeles-based Couponler , a new website launched this week, is hoping to make it easier for small businesses to create online, printable-coupons, and share them via Facebook, Twitter, or a website. The new site was created by Baron Miller, Ian Kilpatrick, and Jason Eastwood. According to the site, its customer so far include frozen yogurt chain Golden Spoon, which posted a coupon from Couponler to its 37,000 fans on Facebook.

GraphEffect Takes On Twitter Ads

socalTECH

Los Angeles-based GraphEffect said Tuesday that it has launched a new product which will allow brands to run advertising campaigns on Twitter. The firm said its new AudienceBoost product, which is being tested by American Express and Digitas, helps brands to make the most of their Promoted Tweets and Promoted Accounts. GraphEffect did not disclose pricing on the new offering.

SpiritClips Acquired By Hallmark

socalTECH

Los Angeles-based SpiritClips , an online video service and short film producer, has been acquired by greeting cards firm Hallmark. Financial terms of the acquisition were not disclosed. SpiritClips offers up an online, subscription service which streams inspirational, "uplifting" films to users, including a digital greeting card component of the service which delivers positive and uplifting messages to recipients. The startup was founded by Rob Fried, who will remain as CEO of the ocmpany.

textPlus Launches Android App In Canada

socalTECH

Marina Del Rey-based free text messaging app developer textPlus , said yesterday that it has launched its app on Android, in Canada, offering up free texting for users of mobile phones in that country. The firm, which is venture backed by Matrix Partners, GRP Partners, and Kleiner Perkins Caufield & Byers, said its textPlus Free Text and Calls for Android app now will offer free texting plus calls in Canada, including offering phone calls without any long distance fees.

Ceph Names VP

socalTECH

Los Angeles-based Ceph , the developer of an open source, scalable distributed storage system which is in the midst of spinning out from Los Angeles hosting firm DreamHost, said today that it has named Ross Turk as Vice President, Community. Turk was most recently Senior Director of Communities at Talend, and also served at Alcatel-Lucent and SourceForge. Ceph is a massively scalable, open source distributed storage sytsem which is used in the open source, cloud computing project OpenStack.

Ranker Finds More Funding

socalTECH

Los Angeles-based Ranker , the online rankings website where consumers can rank anything they like, has scored a new round of funding, in an inside round. Size of the round was not disclosed. The funding came from Siemer Venture Capital, Rincon Venture Partners, Draper Associates, the Tech Coast Angels, and the Pasadena Angels, according to CEO Clark Benson.

CapLinked Enhances Search Tools

socalTECH

Manhattan Beach-based CapLinked said this morning that it has enhanced its online service for helping startups to manage their fundraising efforts, with a new tool to help find people. The firm said the new tool is aimed at helping users find investors, broker-dealers, or companies. The new tool allows users to better filter results by investors seeking investments or companies looking to raise capital.

Hunger Games Pushes Surge In Sales For Fandango

socalTECH

The popularity of "The Hunger Games" has apparently helped out Los Angeles-based Fandango , which sells online and mobile tickets to movie-goers, as the firm said Thursday that it had the best selling, first quarter in the company's history.

Microsoft's Xbox-using, Dancing Senior Citizens In LA

socalTECH

Computer software giant Microsoft has rolled out a video of a bunch of Xbox 360-playing, dancing senior citizens in Los Angeles, as part of an effort to promote a new program with the City of Los Angeles Department of Aging.

NewEgg Launches Data Recovery Plans

socalTECH

City of Industry-based Newegg , the online retailer of electronics and computer products, is expanding its efforts into data recovery services plans, the company said Tuesday.

Illumina Rejects Latest Roche Offer

socalTECH

San Diego-based Illumina , the developer of genetics analysis and other life sciences tools, has again rejected an unsolicited bid from Roche to take over the company. Roche had upped its offer for Illumina to $51.00 last week, up from an earlier, $44.50 per share bid from the company.

Report: Fisker Automotive Boosts Fundraising Plans By $200M More

socalTECH

Irvine-based Fisker Automotive is hoping to raise $200M more in a current funding round, according to a report today , and has now raised around $1 billion in private funding. The report game from GigaOm, which untangled the pile of regulatory filings issued by Fisker Automotive.

Nexsan Pulls IPO

socalTECH

Thousand Oaks-based storage systems developer Nexsan has officially pulled its IPO plans, saying in a regulatory filing today with the SEC that it has decided to withdraw its IPO registration.

WittleBee Raises $2.5M For Children's Clothing Subscriptions

socalTECH

Los Angeles-based WittleBee , the children's clothing site headed by Sean Percival, announced Wednesday afternoon that it has raised $2.5M in a seed funding round. The round was led by Rincon Ventures, and also included. SoftTech, Google Ventures, Matt Coffin, CrossLink, and Morado. WittleBee offers up a monthly subscription for children's clothing, including onesies, t-shirts, leggings, socks, and other apparel. As part of the funding, Jim Andelman at Rincon joins the company's board.

Ayannah Gets Funding For Mobile Payments

socalTECH

Laguna Hills-based Ayannah , a developer of mobile payment products for emerging markets, has scored a round of funding, according to investor Siemer Ventures. Size of the round, and details of other investors, was not announced. Ayannah also has offices in the Philippines and Hong Kong, and offers a number of mobile payment services operating in the Philippines. READ MORE>>. ayannah venture capital mobile payment finance