Sat.Sep 21, 2013 - Fri.Sep 27, 2013

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If you Can’t Make Time, MakeSpace

Both Sides of the Table

'If you Can’t Make Time, MakeSpace. A few months ago I wrote about an entrepreneur, Sam Rosen, whom we brought on as an EIR at Upfront Ventures. I would have liked to have been even more Upfront with you back then about our intentions with Sam but out of respect to him we held back on our broader thesis until now. Today we announced our launch. Here’s the deal.

UCSD 340
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WaveMaker Award Offers $160,000 Prize To Startups

socalTECH

'Organizers of the annual Siemer Silicon Beach Summit said this week that they''ve created a new prize, worth $160,000, which it will award to a startup, in a combination of cash and services. Siemer Ventures, Manatt Digital Media, Grant Thorton, Trinet, and SocialRadius said the "Big Kahuna Award", which is part of its annual WaveMaker Awards recognizing companies with the potential for rapid scaling and success, will receive $75,000 in cash from Siemer VEntures and Manatt Venture Fund, plus $8

Startup 230
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A million things can kill the deal.

Berkonomics

'So you’ve found the buyer, received a letter of interest, signed it, and tied your company up for a period to complete the deal. Everyone on the board is anxious to close this. You’ve committed time to do whatever is needed. You’ve informed your top management of the pending deal and they know they will be impacted and are a bit skittish. You wonder if you should make a public announcement to your troops, worrying over loss of focus, people thinking of jumping ship, competitors finding mors

Press 214
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Increase Your Sales Velocity By Saying No To Pilots

InfoChachkie

'A version of this article previously appeared on Forbes. Pilot agreements are provisional contracts under which companies can assess the veracity of a potential, long-term relationship. Startups often pursue such arrangements, hoping it will reduce the friction normally encountered during the negotiation process and lead to revenue more quickly. Ironically, the result is often just the opposite.

Sales 215
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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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From IT Geek to Coffee Farmer, Eric Greenspan and his Latest Venture

Eric Greenspan

'Eric Greenspan at Macaw Coffee Company Farm. My latest venture is coffee. Yes, coffee. After 20+ years as an IT geek, I’ve jumped ship. After starting my career with IBM and building three successful IT companies, I’ve decided to follow my true passion. I’ve been a foodie most of my life, so this fits me quite well. As far as technology goes, sure, I’ll be using my knowledge and skills to develop a business around technology and the process of producing our product uses

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Airbnb Launches Celebrity-Themed Promotion In LA

socalTECH

'Online peer-to-peer room rental marketplace Airbnb is launching a big promotion in Los Angeles this weekend, with five "pop-up" houses which it is erecting in locations around the city, created by local celebrities. Airbnb said its "pop-up" houses--prefab houses being installed at the Hollywood Forever Cemetery, The Cook''s Garden by HGEL in Venice, The Arts District, The Viper Room, and The Grove--will be bookable by users, and were designed by James Franco, Anjelica Huston, Moby, Molly Sims &

Venice 230

More Trending

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How Entrepreneurs Can Sharpen Their Sales Focus

Startup Professionals Musings

'A good entrepreneur is not necessarily born a good salesman. In fact, they are often the opposite, more focused on building things rather than selling them. Yet, in today’s world of information overload, marketing and selling skills are critical to the success of every startup. The alternative “If we build it, they will come” approach has long been relegated to the field of dreams , after Kevin Costner’s movie by the same name.

Sales 105
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JumpStartFund Taps SpaceX Vet, Engineering Expert For Hyperloop Effort

socalTECH

'There''s been a lot of buzz about tech mogul Elon Musks''s idea behind "Hyperloop"--a concept to make transit between Los Angeles and San Francisco in only minutes, using 800 mph, aluminum pods. However, Musk''s idea has only been that--an idea--with no plans to actually implement the transportation system. Los Angeles-based JumpStartFund wants to change that, and said today that it has tapped two notable engineers to head up crowd-sourcing on its site for the concept.

SpaceX 227
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WanderWe Aims To Connect You With Weekend Getaways, Trips

socalTECH

'Looking for a weekend getaway? WanderWe , a new, online travel site from Los Angeles-based Oversee.net, said today that it has launched, to help travelers find and book short trips, within a 500 mile radius of home. The new site says it allows travelers to find short trips, based on distance from home, budget, and the kind of experience they''d like to have, and was specifically designed for tablet browsing.

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ServiceNow's Slootman Ventures Into Big Data Startup

socalTECH

'Frank Slootman , the CEO of San Diego-based ServiceNow , has invested in a big data startup, as he continues to expand out his angel funding activity. According to Mountain View-based BlueData , Slootman was one of the angels in a new, $15M Series B funding round raised by the company. That round was led by Ignition Partners, and also included Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective.

SaaS 202
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TigerText Gets Win In Connecticut

socalTECH

'Santa Monica-based TigerText , the developer of secure, real time messaging services, reported a win in Connecticut, with healthcare network Hartford HealthCare, and the University of Connecticut''s School of Medicine Residency Program. TigerText said its secure, HIPPA-compliant text messaging services are being used across Hartford Hospital, Hospital of Central Connecticut, MidState Medical, Windham Hospital and the Hartford HealthCare Medical Group to streamline communications.

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Roku, M-GO Partner On Movie Purchases, Rentals

socalTECH

'Video and music streaming device developer Roku and Culver City-based online movie streaming service M-GO said this morning that the two are in a partnership, which will give Roku customers direct access to movies and TV shows via M-GO. Financial details of the deal were not disclosed. Roku said the M-GO service will be accessible via "moves" and "TV shows" shortcuts on its streaming device.

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Shutterkeep Launches Unlimited Photo Storage For Creative Pros

socalTECH

'Shutterkeep , a new, Los Angeles startup, said this morning that it has launched a new, unlimited photo storage service targeted at photographers and other creative professionals. Shutterkeep said its service is unique in its support for RAW format photographs and preservation of photos in their original resolution. Most online photo storage services are aimed at consumers, and typically re-size or limit the resolution of the photos stored in those services, making them of limited use to profes

Services 190
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Kickstarted Launches Site For Successfully Crowdsourced Projects

socalTECH

'Kickstarted , a new online community focused on successfully crowdfunded projects, launched today, in an effort to connect the organizers of crowdfunded projects from such sites as IndieGogo, Kickstarter, and other projects with customers. The Los Angeles area startup is hoping to make it easier for crowdfunded projects to find additional customers for their projects, by streamlining request for samples, communication via email, Facbeook, Twitter, SMS, and more.

Sites 190
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DFJ Frontier Names New Venture Partner

socalTECH

'Los Angeles-based venture capital investment firm DFJ Frontier is bolstering its ranks, and has snagged an entertainment and media veteran as a new Venture Partner at the company. According to DFJ Frontier, it has added Bruce Long has previously served as an executive at such companies as Technicolor, Deluxe, and Ascent Four Media. He''s also served at Encore Video/Encore Visual Effects, Heroes Title Design, Next Element, CBS Music, Iconix Imaging, Bancom Financial Corporation, and New Antics.

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Burner Gets $2M

socalTECH

'Burner , the Los Angeles startup which lets users create one-time, "burnable" phone numbers for temporary use, has raised $2M in a seed funding, the company said today. The funding came from Founder Collective and Venrock, as well as 500 Startups, angel David Cohen, and TenOneTen. David Frankel of Founder Collective, and Marissa Camprise of Venrock have both joined the company''s board with the funding.

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Deka Takes On Custom, 3D Printed Bluetooth Headsets

socalTECH

'Deka , a new startup developing custom Bluetooth headsets, said today that it has launched a crowdfunding effort to help launch the company. The startup--led by Erik Adams--said it is raising $100,000 on an Indiegogo campaign for its products, which let users create their own, custom 3D printed Bluetooth headsets. The company says it is developing custom, 3D printed covers for headsets, ranging from daisies to skulls, to help decorate a Bluetooth headset for a user.

Custom 183
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OpenX Taps Former Spot Runner, Overture Exec As President

socalTECH

'Los Angeles-based online advertising technology provider OpenX announced this morning that it has named former SpotRunner executive John Gentry as its President. Gentry was President of Spot Runner, and also served as Chief Revenue Officer at Green Dot, SVP and GM at Overture Services, and also had been at Disney/ABC Cable Networks and Discovery Communications.

OpenX 180
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Calacanis Debuts LAUNCH Fund I To Back 100 Companies

socalTECH

'Jason Calacanis , the serial entrepreneur, angel investor, and conference organizer, announced Tuesday morning that it has closed his first, formal angel investing fund, The LAUNCH Fund I. Calacanis said the fund will invest $100-$250K in 50-100 startups. LPs in the fund include Calacanis, David Sacks, and others. Calacanis has already been making investments as part of his LAUNCH Festival, and the new fund will also be invested in companies presenting at those startup launch events.

Funding 178
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LA's NameLayer Acquired By TechStars

socalTECH

'Los Angeles-based NameLayer , a company which has been accumulating a portfolio of tech-startup friendly domain names, has been acquired by startup accelerator TechStars. NameLayer--which was founded by Julian Shapiro and Edward Zeiden--had develops an algorithm to selectively purchase and commercialize domain names in an automated way, and was founded in 2011.

Mentor 174
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socalTECH: Help Us Identify The 100 Up-And-Comers In Southern California's Tech

socalTECH

'Who are the top 100 up-and-comers in Southern California''s technology industry ? We''re looking to identify those 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. socalTECH is looking to honor the future of our industry here through identifying our list of the "Socaltech 100", which we will announce in a few months--after taking suggestions and nominations from our reader

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PatientSafe Solutions Raises $27M

socalTECH

'San Diego-based PatientSafe Solutions , a developer of mobile healthcare software, has received a strategic investment, bringing its Series C funding to $27M. According to PatientSafe, the strategic investment came from EDBI, the investment arm of the Singapore Economic Development Board. The Series C funding was led by Merck Global Health Innovation Fund, and also included Camden Partners, TPG Biotech, and Psilos Group.

San Diego 170
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Porch Raising $27.7M

socalTECH

'The newly launched, online home improvement project site and community Porch , which is split between San Diego and Seattle, is in the midst of raising $27.7M in a funding round, according to a regulatory filing by the firm this week. According to the filing, the company has so far raised $8.2M in its funding round, which kicked off a couple of weeks ago.

San Diego 164
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The Drones Are Coming: 3D Robotics Hovers Into $30M Series B

socalTECH

'Unmanned aerial vehicle company 3D Robotics announced Thursday that it has raised a huge, $30M funding round for the company, which was founded by Chris Anderson and Jordi Munoz. The San Diego company aid the funding round was led by Foundry Group and True VEntures, and also included O''Reilly AlphaTech Ventures and SK Ventures. 3D Robotics develops both software and hardware which can be used to create your own drones.

San Diego 164
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Indi Molecular Raises $1.5M For Antibody Startup

socalTECH

'Culver City- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors. Indi Molecular''s technology is based on PCC (protein catalyzed capture) agent technology licensed from the California Institute of Technology.

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Sony Pictures Gets Home Entertainment Rights To Angry Birds Series

socalTECH

'Culver City-based Sony Pictures Home Entertainment has acquired the home entertainment (Blu-ray and DVD) rights to the new, animated Angry Birds Toons series, the company said today, and expects to have the first volume of the animated series on Blu-ray and DVD by December. Financial details of the licensing deal were not announced. Sony Pictures is already releasing the theatrical, 3D Angry Birds title in 2016.

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Novatel Deploys New 4G LTE Broadband Router With Verizon

socalTECH

'San Diego-based wireless equipment provider Novatel Wireless is deploying another product today, a 4G LTE broadband router, in conjunction with Verizon. According to Novatel Wireless, the new router--which provides both voice and data connections for in-home and small offices--started shipping online and is available at Verizon stores, as of this morning.

San Diego 159
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Donuts Launches Domain Trademark Protection Service

socalTECH

'Donuts , the domain name registry companies targeting the emerging generic, top-level domain name (gTLD) market, has launched a new service aimed at protecting trademarks across its portfolio of gTLDs, the company announced today. Donuts--which has major operations in Los Angeles--said that its new Domains Protected Marks List (DPML) service will allow trademark owners to protect all of their terms, across its range of gTLDs, at a cost significantly less than the usual practice of defensively r

Services 159
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Sequenom Looks To Sell Off Genetic Analysis Business

socalTECH

'San Diego-based life sciences products company Sequenom reported late Monday that it has engaged Jefferies LLC as a financial advisor, to review potential "strategic alternatives" for its Genetic Analysis business segment. Sequenom said it is looking at a "full range of potential strategic alternatives" for the business. Sequenom develops a range of genetic analysis and diagnostic testing products.

San Diego 157
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Postcard on the Run Launches Promotion With Sony Pictures

socalTECH

'Postcard On The Run , the Los Angeles startup led by Josh Brooks, is powering a new free postcard promotion from Sony Pictures. According to Postcard On The Run, users of its app for iOS, Android, or Windows Phone can send a free postcard courtesy of Sony Pictures, in a promotion for Cloudy With A Chance of Meatballs 2. Users of the app can use promo code CLOUDY to send a free postcard.

Mobile 157
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YouMail Adds Voicemail Notes

socalTECH

'Irvine-based enhanced voicemail provider YouMail has updated its iPhone app, saying that it has added a new feature to let users annotate their voicemails. The company said the new feature lets users annotate important messages in the system, and comes as part of a big update to help fix bugs, crashes, and other issues in the company''s app. YouMail''s service provides custom voicemail mailboxes, call screening, voicemail transcription, and much more to both business and home users.

Screening 157
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Illumina Sets Chief Medical Officer

socalTECH

'San Diego-based life sciences equipment developer Illumina said this morning that it has named Dr. Richard Klausner as its new Senior Vice President and Chief Medical Officer. Klausner was previously a managing partner at venture capital firm The Column Group, and also has served at the Bill and Melinda Gates Foundation and National Cancer Institute.

San Diego 157
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CapLinked Adds Version History Feature

socalTECH

'Los Angeles-based deal room software-as-a-service provider CapLinked recently rolled out a new feature which captures version information between documents uploaded to the service, adding even more functionality into the company''s service. The company''s new feature lets users upload multiple versions of a file, tracking old versions of the file, and ability to restore old versions from an archive.

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Cross Campus Plans Shifts To New Location

socalTECH

'Santa Monica-based coworking space Cross Campus said Wednesday that it is shifting its space to a new location at the corner of Colorado Avenue and 10th street. According to Cross Campus, it has outgrown its current coworking space, and the new location will also give it access to the upcoming Expo line. Cross Campus said the move is part of an expansion move for Cross Campus, both in Southern California and nationally.

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EdgeCast Snags Former eHarmony Exec As New CFO, Expands In Europe

socalTECH

'Santa Monica-based content delivery network operator EdgeCast Networks said this morning that it has added a new CFO, plus has added a new office in London. According to EdgeCast, it has named John Powers as its new CFO, and has appointed former CFO Mike Kleiman as its new COO. In addition to the new appointments, EdgeCast said that co-founder and chief revenue officer Phil Goldsmith has relocated to London, as part of an expansion by the company to Europe.

eHarmony 153
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Fandango Debuts Horror Movie Destination

socalTECH

'Los Angeles-based movie ticketing and information site Fandango announced Wednesday that it has launched a brand new site, focused on horror films. The new Fandango House of Screams includes original videos from film producer and rocker Slash, including highlights of upcoming horror films and related content. Fandango also said it will be producing its own, special features and a "Behind the Screams" video mini-series focused on Universal Studios'' Halloween Horror Nights.

Fandango 153