Sat.Jul 05, 2014 - Fri.Jul 11, 2014

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Why You Should Hire A Gaggle Of Interns At Your Startup

InfoChachkie

'A version of this article previously appeared on Forbes. Steve Benson, Founder and CEO of Bay Area Badger Maps , intends to hire so many interns this summer that he will effectively double the size of his startup. According to Steve, "Startups are, by their nature, a great place for interns, because there are more essential things that must get done than there are people to complete them.

Startup 257
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How Zadara Is Putting The Enterprise In The Storage Cloud

socalTECH

'While Internet and startup companies have widely adopted the cloud for both their computing and storage needs, enterprise companies are only now starting to widely adopt cloud services. However, there''s a number of startups--including Irvine''s Zadara Storage (www.zadara.com)--which are making easier and easier for enterprises and other businesses to adopt the cloud.

Startup 193
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Don’t get hung up on valuation.

Berkonomics

'I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. There is always another attractive deal at the ready, and most have reasonable expectations of valuation.

Startup 179
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How To Enhance Innate Business Leadership Abilities

Startup Professionals Musings

'Entrepreneurship is all about leading – leading customers to a new product or service, leading a startup team to peak performance, and leading a new business to the market opportunity, while providing maximum return to stakeholders. Most entrepreneurs feel they have innate leadership talents, but struggle with how to nurture these abilities and measure their effectiveness.

Mentor 103
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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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4th Annual Streamy Awards Nominations Now Open

Tech Zulu Event

'Everyone’s favorite online award show, the Streamy Awards is quickly approaching. For the 4th year in a row, the Streamy’s will be held in honor of the hard working people responsible for creating and producing online video content. Last year , the Streamy Awards garnered over 7million live and VOD views, and this year, expect many more.

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Newport Media Acquired By Atmel For $140M

socalTECH

'Lake Forest-based Newport Media , which develops low power Wi-Fi and Bluetooth chipsets, has been acquired by Atmel , in a deal worth $140M in cash. According to Atmel, it will use the buy to strengthen its position in the Internet-of-Things (IoT) market. The deal also includes up to $30M more in earn out, based on future revenue thresholds. NMI offers up both 802.11n Wi-Fi and Bluetooth products, which it has been selling into the industrial, home and building automation, and consumer products

Media 190

More Trending

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Disney Accelerator Names First Class

socalTECH

'The Disney Accelerator , the startup accelerator backed by Disney and being run by TechStars in Los Angeles, announced its inagural class today, naming eleven companies--including three Los Angeles companies--to participate in the three month program. According to the Disney Accelerator, its first class includes Buzzstarter (programmatic content marketing); Choremonster (mobile platform to make chores fun for kids); Codarica (coding for kids); Cogo (monetizing content); Jogg (video acquisition

Class 173
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ACTIVE Network Moves To Texas

socalTECH

'In another blow to San Diego''s technology industry, ACTIVE Network , the sports and recreation registration provider, said late Thursday that it is moving its headquarters to Dallas, Texas. According to ACTIVE Network, the transition will take place over the coming year. Active Network said it will continue to maintain a San Diego presence. Followers of San Diego''s technology industry will not be surprised by the move, which comes shortly after Active Network went private and was acquired by

Activity 166
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Cram.com Adds Premium Tier, Text-To-Speech

socalTECH

'Los Angeles-based online education site Cram.com has launched a new, premium membership tier, and also launched a new text-to-speech tool for its online studying and flashcard site. Cram.com said that it has launched Cram Premium, which will give students and ad-free experience while they study, which will let users access the site ad-free for $5 a month.

Study 159
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Adtile Technologies Raises $4.5M

socalTECH

'San Diego-based Adtile Technologies , a mobile ad technology company led by Nils Forsblom, has raised $4.5M in a Series A funding. The company did not announce the names of investors in the round. The company develops interactive, mobile ads which it says use things like motion capture to make mobile ads more user friendly, meaningful, and engaging.

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Qualcomm, Greylock Return To Back 3D, Room Scanning Startup

socalTECH

'San Diego-based Qualcomm Ventures and active Southern California investor Greylock Partners have both put more money behind Matterport , a developer of interior, 3D room scanning technology. Matterport said Monday morning that it has raised $16M in a Series B funding, which included former investors Qualcomm and Greylock Partners, and which was led by DCM Ventures.

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FreedomPop In International Expansion

socalTECH

'Los Angeles-based free mobile phone service provider FreedomPop , the startup backed by Mangrove Capital, DCM, and Atomico, has made its first international expansion, saying Thursday that it has linked with Dutch carrier KPN. FreedomPop said it is launching into a European test market in Belgium, and has plans to expand to the UK, Germany, France, Spain and the Pacific Rim over the next few months.

Mobile 153
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VoiceVault Takes On Voice Biometrics With SDK

socalTECH

'El Segundo-based VoiceVault , a developer of biometrics technology, said this week that it has released a new software development kit to help developers add voice biometrics on their mobile apps. The company said its ViGo platform offers up such features as phrase or digit voice registration, and support for both Android and iOS. Pricing on the product was not announced.

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Cornerstone OnDemand Names Etsy CFO TO Board

socalTECH

'Santa Monica-based talent management software developer Cornerstone OnDemand said Wednesday that it has added Kristana Salen, the Chief Financial Officer of Etsy, to its board of directors. Salen has been CFO of Etsy since January of 2013; she previously also served at Fidelity Investments. Cornerstone OnDemand cited Salen''s financial and operational experience, as well as familiarity of today''s technology landscape for the appointment.

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MGID Moves Headquarters To Los Angeles

socalTECH

'MGID , a provider of native advertising services and technology, said Tuesday that it is moving its U.S. headquarters to Los Angeles, to be closer to its sports, entertainment and lifestyle clients. The native advertising company--which helps place native ads on publisher web sites--was previously headquartered in New York. The company says it has more than 3,000 publishers using its services, and generates around 90 million unique monthly visitors through its service.

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Qualcomm Makes Strategic Investment In RetailNext

socalTECH

'San Diego-based Qualcomm has put its weight behind a developer of software used for Big Data analysis of physical retailers, in a strategic funding. RetailNext , which develops software used by retailers to apply Big Data to the information being generated at physical stores, said Qualcomm led a strategic investment in the company, via both Qualcomm Incorporate and Qualcomm Ventures.

Invest 153
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Oculus Buys Raknet

socalTECH

'Irvine-based virtual reality technology developer Oculus VR --which is now owned by Facebook--has acquired Raknet , a developer of middleware for multiplayer, videogame development. Financial terms of the buy were not disclosed. Raknet (AKA Jenkins Software) is based in Aliso Viejo. Raknet''s C++ networking engine is specifically aimed at game developers, helping them to synchronize gameplay across multiple machines and devices.

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DoubleBeam Powers Mobile Shopping App

socalTECH

'Pasadena-based DoubleBeam , the payment startup led by Ted Tekippe said today that it is powering the developer of a mobile, beacon-enabled shopping app called Slyde. Financial details of the deal were not disclosed. DoubleBeam said that Slyde is using its GoPago point-of-sale (POS) system to power its app for providing retailers with a way to attract customers with real-time, beacon-based offers.

Mobile 147
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Vitesse Aims New Product At Gigabit Wi-Fi

socalTECH

'Camarillo-based semiconductor maker Vitesse has taken aim at the Gigabit Wi-Fi, 802.11ac market this week, with a new Ethernet switch product. Vitesse said its latest family of chips--the SparX-IV family, are a set of Ethernet switches specifically aimed at supporting 802.11ac WLAN Enterprise deployments. The family of chips includes features such as Layer 3 routing support; a wide range of temperature range support for rugged, industrial environments; and traffic classification features.

Product 147
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Goodie Goodie Looks To Motivate Kids, Help Parents

socalTECH

'Wishing you could get your kids to do their chores and finish their homework? A new, Los Angeles-based startup, Goodie Goodie , said this morning that it has rolled out a brand new app aimed at motivating kids, tweens, and teens to accomplish goals, tasks, and chores. The app--which runs on both iOS and Android--lets kids earn points redeemable for rewards for meeting family goals.

Help 147
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RFaxis Ties With Smart Home Chip Maker

socalTECH

'Irvine-based RFaxis , the developer of wireless semiconductors, reports a design win this morning with GreenPeak Technologies, a developer of smart home and home automation chipsets. RFaxis said that GreenPeak has incorporated its ZIgBee/ISM RF Front End IC (RFeIC) to tie together with its own, ZigBee systems-on-a-chip. The two are delivering a reference design for developers using their respective technology.

Design 147
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Jammcard Launches Social Network For Musicians

socalTECH

'Los Angeles-based Jammcard said this morning that it has launched a new, social networking site specifically for professional and amateur musicians. The startup, which is led by Elmo Lovano, said it provides a platform where artists can present or share their repertoire and abilities, and network with others in the business. Jammcard said its features including ability to promote gigs; share music; communicate with other musicians; and more.

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LegalZoom Names Marketing Chief

socalTECH

'Glendale-based LegalZoom has appointed a new head of marketing, the company said this morning. LegalZoom said it has appointed Laura Goldberg as Chief Marketing Officer, to lead overall strategy and direction of the company, and lead the company''s marketing and product teams. Goldberg was most recently COO of GOOD Worldwide, and also has served at ScoreBig, NFL Online, and Napster/pressplay.

Legalzoom 147
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INSTEON Expands In Latin America

socalTECH

'Irvine-based INSTEON , a developer of home automation and control products, said today that it has expanded in Latin America. INSTEON said it has opened up new offices in Ecuador and Guatemala, which will feature its technology in a home and office showroom, and stock inventory in those local markets. INSTEON develops a range of home automation products, including smartphone controlled lighting, sensors, energy monitoring products, and much more.

Product 138
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Sonos Ties Into SoundCloud

socalTECH

'Santa Barbara-based music system maker Sonos continues to extend out the number of online music streaming services it supports, saying Thursday that it has added a beta connection to Soundcloud. Sonos said its partnership with SoundCloud will give its users access to SoundCloud''s original music service, which allows both new and established artists to distribute their music to users.

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MabVax Raises $3M, Completes Merger With Telik

socalTECH

'San Diego-based MabVax Therpauetics , a privately held firm which is developing vaccine and antibody therapies for treating cancer, said it has raised $3M in a financing round, and also completed a merger with oncology drug developer Telik. MabVax said the investment came from accredited investors, and was managed by H.C. Wainwright & Co., LLC, Palladium Capital Advisors LLC and Dawson James Securities.

San Diego 138
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Common Interest Communities Finds $10M

socalTECH

'Los Angeles-based Common Interest Communities , a developer of kiosks and communications systems aimed at student housing, said today that it has raised $10M in a private placement. Source of the funding as not announced. The company said it installs and operates custom, touchscreen consoles in buildings and housing units for students. Those touchscreens are installed in every student''s room, and offer up high definition cameras, social apps, and more.

Education 138
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Western Digital Bolsters Board

socalTECH

'Irvine-based storage device maker Western Digital said Monday that it has named Paula A. Price to its board of directors. Price is senior lecturer at Harvard Business School in the Accounting and Management, and was most recently EVP and CFO of Ahold USA. Price also sites on the boards of Accenture, Blue Cross Blue Shield of Massachusetts and Financial Guaranty Insurance Company.

Pricing 138
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Saban Brands Sets VP Digital

socalTECH

'Los Angeles-based Saban Brands , which manages such brands as Power Rangers, Paul Frank, Macbeth, Julius Jr., Popples and Emojiville, said today that it has named Kendall Doty as its new Vice President of Digital. Doty will lead Saban Brands'' digital products and services, including online, mobile, games, apps, e-commerce, and social media efforts.

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Qualcomm Deploys VoLTE In Japan

socalTECH

'San Diego-based Qualcomm reported this morning that it has launched its first, large scale commercial VoLTE deployment, in Japan. Qualcomm said it launched a VoLTE solution for NTT DOCOMO based on its Snapdragon 800 processor. Qualcomm says the VoLTE launch supports higher quality voice calls, faster voice connections, and simultaneous voice and data rates of up to 150 Mbps.

San Diego 138
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Ceres Licenses Software To Bayer CropScience

socalTECH

'Thousand Oaks-based agricultural biotechnology developer Ceres said today that it has licensed its Persephone genome visualization application to Bayer CropScience. Financial impact of the deal were not announced. Ceres said the deal includes a multi-year, software license and collaboration agreement and professional services and support. The Ceres software tool is used for sifting through genetic data, to help search for data and make cross references.

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Donuts Rolls Out 29 New Domains In July

socalTECH

'Donuts , the domain name registry company which has an office and operations here in Southern California, said today that it is releasing 29 new generic, top-level domains (gTLDs) this month, the latest in a very large number of gTLDs run by the company. Donuts said the 29 new gTLDs will bring its total to 139 under management. Donuts--which has many ties to local domain name companies, as well as many execs from Demand Media--is based in Washington State.

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UST Global Buys Four Companies, Makes Investments

socalTECH

'Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. The company tsaid the acquisitions included Atlanta-based global software services company Xpanxion, and Milwaukee-based engineering solutions company Kanchi Technologies.

Invest 138
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How To Test The Startup Lifestyle Before You Commit

Startup Professionals Musings

'If you think you are the perfect fit for the entrepreneur lifestyle, but you’re not yet sure if you’re ready to start your own, then I recommend that you take a job with an existing startup first to validate the culture realities against your dream. Without risking all your life savings, you may find that corporate desk you have as an alternative is a lot more satisfying.

Startup 100
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Build Your Brand By Embracing Your Personality

Startup Professionals Musings

'Sponsored by VISA Business Starting a business is usually the result of a personal dream or need. Investors tell me that they invest in people more than the idea. Customers buy from people, not from a company, at least at early startup stages. That’s why it’s important to build a personal brand, in parallel and before your business brand. This will kick-start your business, and improve your odds of success.

Startup 98
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Entrepreneur Leadership Today Demands A Human Focus

Startup Professionals Musings

'Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Successful entrepreneurs today must practice human-centered leadership to compete and win.

Demand 92