Sat.Apr 14, 2012 - Fri.Apr 20, 2012

CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ).

CTO 130

Don’t Try to “Pull an Instagram.” Here’s Why …

Both Sides of the Table

Instagram. It’s understandably on everybody’s mind these days. Clichés abound about, “You know what would be cool? …” I’ll write soon on my views of why I believe Instagram took off as a social network and what I think comes next.

Trending Sources

DinnerDate.com Launches Group Dating Service In San Diego

socalTECH

Are you single, but really hate setting up those one-on-one dates? Wish there were a more relaxed way to meet people? That's the idea behind DinnerDate.com , a new service which looks to connect singles with others in informal, group dinner dates.

Punchcard | Rewarding Loyal and Providing Incentives

Tech Zulu Event

Customer loyalty, one of those seemingly innocuous facets of both large and small scale businesses that can be easily overlooked, but generally understood as ultra important to how well a business thrives.

More Trending

Keep It Down Up There | The Canadian Tech Scene in Toronto

Tech Zulu Event

When we think of our neighbors to the North in Canada, we think of bountiful natural resources, open land, and flannel shirts; we don’t necessarily think of tech. The major cities are dominated by industries such as oil, resource exporting, and politics.

Bottom Line Confidential – How to for Sales Growth: “A New Way to Increase Revenues”

Technology Council

By Bill Swanson, CEO Decisions Revenue is down and so is profit. You listened to your customers, assessed the competitors, enlisted the brightest of your team, and sifted through the brains of the best external experts. You’re feeling good about your decision to signed-off on that five hundred thousand dollar Sales Improvement Program; you locked [.]. Sales analytics bill swanson predictive analytics revenue roi sale

Southern California Venture Network General Mixer

SoCal Tech Calendar

Tuesday, April 24, 2012 -- Southern California Venture Network General Mixer. Meet and mix with other professionals at southern California's premier emerging growth company focused organization. Hors d'oeuvres and cash bar. Sponsorship and tabletop opportunities available for qualified companies. Email bruce.wilson@cox.net.

uSamp Raises $6.0M

socalTECH

Encino-based uSamp , the online panel and sampling firm founded by Matthew Dusig and Gregg Lavin, has raised $6.0M as part of a new funding round, according to a regulatory filing by the firm this week. According to the filing, the funding is part of an ongoing, $7.0M

Banjo Hits 1 Million Users | Aims to Claim Social Discovery

Tech Zulu Event

Mobile social discovery is all the rage as evidenced by the early success of apps like Banjo , which achieved an astounding 500,000 downloads in its first six months alone. Apparently the momentum is continuing. Earlier this week, Banjo announced it doubled its users in the last three months.

How much information do you give to investors?

Berkonomics

There is a natural fear of giving too much information to investors after the initial investment is received. CEO’s worry that investors will not keep the information confidential and that financial data will find its way into competitors’ hands. Others worry that investors will latch onto individual line items within financial data and engage in inquisitions regarding telephone bills, marketing costs and other tactical line items in detailed financial statements.

Class 10

Workforce Development, Bioscience Alliance

SoCal Tech Calendar

Monday, April 23, 2012 -- Workforce Development Interest Group (WDIG) Meeting. Bio Science Alliance. WDIG seeks to work closely with the 101 Corridor life science industry to identify its short and long term technical and management needs; convey those critical needs to the region's educational institutions, who can then develop courses and programs to develop the skills to meet the needs of the 101 Corridor life science industry in the coming years. Email billp@biosciencealliance.org.

Playsino Gets $1.5M For Casino Games

socalTECH

Los Angeles-based Playsino --which, until recently, was known as Titan Gaming--said Friday that it has raised $1.5M in a new funding round. The firm said the firm will go to support building the largest, social casino game publisher on both social networks and mobile platforms.

Creator…Know Thine Users! | Making Apps the Markets Want

Tech Zulu Event

So far, I’ve covered how to decide which type of app you’re looking to create and how to use your market research to decide what features you want your app to have. The next phase in making a great app is the creation of solid User Stories.

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” That statement has killed more investment deals than almost any other. It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. Well, come to think of it, this is especially true in such an instance. The statement shows a lack of research or previous thinking that is a red flag for investors.

Tech Coast Angels Open Forum

SoCal Tech Calendar

Monday, April 23, 2012 -- Tech Coast Angels Open Forum. Listen to Angels, Investors, Venture Capitalists and Catalysts and what they have to say about investing and being investor ready. Pitch your business, idea or concept through live video feed and hear feedback from industry veterans. Ask questions and learn. Do you have a business idea you want to pitch via live video? Get your camera, microphone, and headset (no speakers please) ready before the show, signup/login and give it a go.

The Search Agency Opens Office In San Francisco

socalTECH

Search optimization and marketing firm The Search Agency , which is based in Los Angeles, said todsay that it has expanded its operations and has opened up a new San Francisco client service office. The company said the new office will help support its Bay Area client base, plus provide it with local access to agency representatives at Google and Yahoo. The Search Agency is a provider of search marketing services to clients, providing paid search, SEO, and other services to help its clients.

Tupac Brought Back to Life Thanks to Hologram Technology

Tech Zulu Event

For those that didn’t make it out to this year’s first Coachella weekend get ready for you mind to be blown. Thanks hologramic technology of which we’ve only seen like this in Star Trek or Science Fiction movies, we got to enjoy Tupac being back for one night.

Hulu Tops 2M Subscribers, Plans New Ad Structure

socalTECH

Los Angeles-based video streaming site Hulu reports this morning that it has now surpassed 2 million paid subscribers to its Hulu Plus service, as of Q1 this year. The company announced the milestone as it announced anew, advertising structure, where it says it will now only charge advertisers based on a 100 percent completion rate. Hulu said there will be no charge for the change, where advertisers will not be charged unless their advertisements have been streamed through completion.

Southern California Bucks VC Trend, As Firms Raise $924.13M In Q1

socalTECH

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011. Southern California's investment totals bucked a downward national trend in venture capital investing.

Samueli, Musk Join Buffett, Gates In Pledge To Give Away Wealth

socalTECH

Two Southern California technology entrepreneurs-- Henry Samueli , who co-founded Broadcom , and Elon Musk , who heads up Hawthorne-based SpaceX --have joined Warren Buffet and Bill and Melinda Gates in adding their names to the Giving Pledge , the effort started by Buffett and Gates to giave away at least 50 percent of their wealth in their lifetimes or at death to charity.

Report: Chumby Has Shut Down

socalTECH

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. Chumby--which had been backed by JK&B Capital, Avalon Ventures, Masthead Venture Partners, and O'Reilly AlphaTech Venture--was known for its Linux-based, open platform which let users access Internet content and other services. The firm had raised on the order of $25M in funding for its efforts.

Active Storage Names Engineering VP

socalTECH

Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Ramakrishnan was most recently at Promise Technology, and also has served at Cisco and IBM.

HomeMint, with Justin Timberlake, Takes On Home Fashion

socalTECH

Santa Monica-based BeachMint , the social commerce firm headed by Josh Berman, has launched yet another celebrity e-commerce site--this time, HomeMint.com , a home fashions site launched in conjunction with Justin Timberlake and interior designer Estee Stanley. According to BeachMint, the new HomeMint site will offer up curated home goods and accessories, plus art and photography.

Eucalyptus Systems Raises $30M

socalTECH

Santa Barbara-based Eucalyptus Systems , the cloud computing software developer headed by Marten Mickos , has raised $30M in a Series C round of funding, the firm announced this morning. According to Eucalyptus, the round was led by Institutional Venture Partners (IVP), and also included existing investors Benchmark Capital , BV Capital, and New Enterprise Associates. IVP's Steve Harrick joins the company's board. Eucalpytus said it has now raised a total of $55.5M in capital.

RealtyTrac Acquires Homefacts

socalTECH

Irvine-based RealtyTrac , which provides an online marketplace and service to track foreclosure properties, said this week that it has acquired Homefacts , an online data aggregator tracking real estate information. Financial terms of the buy were not disclosed. As part of the acquisition, RealyTrac said that Homefacts founder James Moyle joins the company as president and Chief Operating Officer.

Mogreet Opens Midwest Sales Office

socalTECH

Los Angeles-based Mogreet , coming off a new round of venture funding, is in expansion mode, saying that it has opened up a new Midwest sales office for the company. Mogreet said it has opened up a new office headed by Joshua Pyne, who the firm snagged from ChaCha, the mobile questions and answers service. Mogreet recently raised $4.1M in a new round, from Black Diamond Ventures, DFJ Frontier, Ascend Ventures, Bryant Park Ventures and Draper Associates.

iRise Adds iPad, Android Emulation To Prototyping Software

socalTECH

El Segundo-based iRise , which develops enterprise prototyping software, used to help business users mock up visual software prototypes of applications, said Wednesday that it has added new support for iPads and Android phones. The company--which is backed by Morgan Stanley Venture Partners and Deutsche Bank--said its software now can create "ultra-realistic" visual simulations of apps running on the iPad an Android.

SRS Labs Acquired By DTS

socalTECH

Santa Ana-based SRS Labs , the developer of audio processing and enhancement technology, is being acquired by fellow audio processing firm DTS , in a deal worth approximately $148M, the firms said this morning. SRS and Calabasas-based DTS said that DTS will pay cash and stock valued at $9.50 per share for SRS Labs, a premium of 38 percent per share over SRS Labs' price as of close of trading Monday.