Preccelerator® Program Company Jambo Launches in Android and iOS App Stores

Jambo FeatureGraphic_1024x500

Congratulations to SAM Preccelerator Company Zero Mass Energy (“ZME”) on the launch of their first product Jambo in the Android Google Play and iOS App Stores. Jambo is a chat app that combines social productivity with integrated social gaming.  “Jambo’s approach is to allow these games and tools to be utilized right within your chat threads without having to leave the app” says founder and CEO, Carey Chico.   While this first version allows the user to play games, send real-time character animation, as well as voice and photos – future releases will add a large number of entertainment and productivity functions.

ZME has also launched their new Jambo Chat Platform, that is a licensable platform to help businesses scale and retain their user base by utilizing a diverse set of social productivity and social play features. Companies that have a large number of apps or sites, can take these fragmented user bases and combine them into a single community promoting engagement and retention.  “We see an opportunity to create a pervasive chat platform that goes where you want to go, rather than you having to go to it.  There are so many isolated and siloed app experiences that we think could benefit greatly from our technology.”

Get it On Google Play

App Store

To learn more about Zero Mass Energy, visit http://www.zeromassenergy.com/

For more information about the Preccelerator Program contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or visit www.preccelerator.com.

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Stubbs Alderton & Markiles’ Client Zephyr Receives $31M Investment from Frontier Capital

Press Release_Frontier-Capital-investmentLos Angeles, CA – May 13, 2016 Stubbs Alderton & Markiles announces that it represented its client D-Software, d/b/a Zephyr, one of the software industry’s fastest-growing providers of real-time, on-demand enterprise test management solutions, in an investment deal of  $31M from Frontier Capital.

Based in Newark, Calif., in the epicenter of the software industry, Zephyr provides more than 8,500 customers in over 100 countries with innovative applications, seamless integrations and unparalleled, real-time visibility into the quality and status of their software development projects. With additional operations in London and Bangalore, the company has more than doubled its customer base in the past 12 months by helping companies like LG Electronics, Adobe, HSBC, Honda, Oracle, Citibank, Amex, GE, Starz and Hyundai drive down costs and bring higher quality software to market faster.

The $31 million investment from Frontier Capital will be used to fund key growth initiatives for the company like enhancing the product portfolio and scaling sales and marketing capabilities, according to Zephyr founder and CEO Samir Shah.

“Partnering with Frontier Capital will help us realize our potential by investing in the critical business functions that will fuel our growth,” said Shah. “Their business acumen and experience helping similar next-stage growth companies achieve their goals will be just as, if not more, valuable to us than the money they have invested. We are excited to have Frontier on board as an engaged partner and look forward to working with them to build a market leader.”

SAM Partner Scott Alderton has represented D-Software, d/b/a Zephyr, since its inception and Stubbs Alderton as a whole is very proud of their success.  SAM Partners that led this deal include Scott Galer, Scott Alderton, Nick Feldman and Adam Bagley.

To read the full Zephyr press release, click here.

About Frontier Capital

Frontier Capital is a Charlotte-based growth equity firm focused exclusively on software and technology-enabled business services companies. Founded in 1999, Frontier partners with management teams that can benefit from capital to accelerate growth, fund acquisitions or generate shareholder liquidity. The firm makes minority and majority equity investments in high growth companies and has built an excellent track record of delivering returns to both investors and management partners. For more information, please visit frontiercapital.com.

About Zephyr

Zephyr is a leading provider of on-demand enterprise test management solutions, offering innovative applications, seamless integrations and unparalleled, real-time visibility into the quality and status of software projects. Zephyr products are the fastest-growing agile test management products in the world, with more than 8,500 global customers in over 100 countries. Their feature-rich products address today’s dynamic and global needs across a variety of industries including finance, healthcare, media, automotive, IT services and enterprise software. Zephyr is headquartered in Newark, Calif., with offices in Europe and India. For more information, please visit www.getzephyr.com.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm. For more information, please visit www.stubbsalderton.com.

Media Contact:
Heidi Hubbeling
(310) 746-9803
hhubbeling@stubbsalderton.com

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SAM Alert- Employers Must Now Provide Notice of Whistle Blower Immunity

Important Business News
from
Stubbs Alderton & Markiles, LLP

Employers Must Now Provide Notice of Whistle Blower Immunity

New Federal Trade Secrets Law Requires Immediate Changes to Employee and Contractor Agreements

Starting May 12, 2016, all agreements with employees and individuals that are independent contractors or consultants governing the use of trade secrets or confidential information must include a notice of immunity for the disclosure of a trade secret to the government or in a court filing.  Under the Defend Trade Secrets Act (“DTSA”), the disclosure of a trade secret will be immunized from civil and criminal liability if it is made (i) in confidence to a Federal, State or local government official, or to an attorney, solely for the purpose of reporting or investigating a suspected violation of law or (ii) in a lawsuit complaint or other court documents filed under seal.  Failure to comply with this new legal requirement may preclude a company from recovering punitive damages or attorneys’ fees in a lawsuit against an employee or contractor for trade secret theft.  Also, it is possible government agencies could bring regulatory enforcement actions and employees could bring class action lawsuits against companies that fail to provide this notice.

Our recommendation for adapting to the new law:

  • Update agreements with employees, independent contractors and consultants. The required notice must be included in any contract or agreement with an employee or individual that is an independent contractor or consultant that governs the use of a trade secret or other confidential information.  This includes employee confidentiality and intellectual property assignment agreements, independent contractor agreements, consulting services agreements, professional services agreements, advisory board member agreements, intern agreements and nondisclosure agreements, and any amendments and renewals of such agreements entered into prior to the date the new law went into effect.  Instead of stating the immunity notice in each agreement, the agreement may cross-reference to a policy document (e.g., employee handbook) containing the company’s reporting policy for a suspected violation of law.

How Stubbs Alderton & Markiles, LLP can help.  We are a business law firm with expertise in intellectual property law. Our standard employee, independent contractor, nondisclosure and advisory board member agreements have been updated to comply with the DTSA’s notice of immunity requirement.  We can help update your employee and independent contractor agreements.

Kevin_DeBre
Kevin D. DeBré
leads the firm’s Intellectual Property and Technology Transactions Practice Group advising entrepreneurs and growth companies on how to use technology and intellectual property in building successful businesses.  For more information, email Kevin at kdebre@stubbsalderton.com.

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Preccelerator Program Presents: “From Runway to Exit – How Proper Financial Modeling Sets up Startups for Raising Capital & Financial Success”

Join Stubbs Alderton & Markiles, LLP
for this exclusive event!

 

FinancialModeling

 

“From Runway to Exit – How Proper Financial Modeling Sets up Startups for Raising Capital & Financial Success”

 

 

 

 

Thursday, May 19, 2016

 

5:30pm-8:00pm

 

Bring your Laptop!

 

**Food, Drinks & Networking Included!**

 

Register!

 

Featuring

 

Eli Eisenberg has more than 35 years of hands on experience in the financial and business management of entrepreneurial companies.  As founder and CEO of Straight Line Management™, he specializes in providing financial expertise and mentoring to high-potential early stage companies. Mr. Eisenberg helps them to increase profitability, secure funding, evaluate and capitalize on opportunities, streamline financial operations, and get the financial side of the business under control.

Since launching his Straight Line Management consulting company in 1991, he has served as a trusted advisor to more than 70 early-stage companies, both traditional and web based, across a variety of industries including software and game companies, high and low tech manufacturing companies, wholesale distribution companies, product and services companies and non-profit organizations.

Prior to starting Straight Line Management, Mr. Eisenberg served as Chief Financial Officer for three high technology companies, served in senior financial and operational management positions (including VP of Finance and VP of Operations) in several other high growth companies, and established, ran and sold his own successful consumer products company.

Mr. Eisenberg has extensive experience in strategic planning, capital raising strategies, financial management and forecasting, business plan preparation, and development and streamlining of management reporting systems and controls. He received his MBA from the University of California, Berkeley in 1976 and became a Certified Public Accountant in the State of California is 1978. He is also a Fellow of the Larta Institute, where he conducts workshops and mentoring sessions for entrepreneurs in conjunction with their NIH, NSF, TATRC and USCA Commercialization Assistance Programs

   

Stubbs Alderton & Markiles, LLP
1453 3rd Street Promenade, Suite 300
Santa Monica, CA 90401
Parking
4th Street/Broadway ramp or in the Santa Monica Place Mall
We hope to see you there!
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Preccelerator® Program Company Trekk Featured in SMASHD

 

Trekk photo

CongratulTrekk Logo - High defations to Preccelerator® Program company Trekk on being featured in SMASHD.  Trekk is an on-demand moving service.  Trekk sends you a mover who will help you move your items. Their movers, also known as Trekkers, come equipped with a truck, van, or SUV.  Their service is available on iOS app and their web platform.

To read the full article click here.

SMASHD, is the brain child of Troy Carter of Atom Factory. They tell stories covering what entrepreneurs go through and how they build startups, how the tech and entertainment industries are merging, and how our culture is changing. Atom Factory is a diversified entertainment company with roots in talent and investments.

For more information about the Preccelerator® Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

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Preccelerator® Program Company Napkin Finance Partners with White House

Napkin Finance provided by CardBlanc, Inc

Congratulations to SAM Preccelerator® Program company Napkin Finance, a subsidiary of CardBlanc. Napkin Finance has teamed up with the White House to promote financial literacy among students and young adults, and assist them with preparing for college and Federal Student Aid.  This is part of President Obama and the First Lady’s Reach Higher, Better Make Room and National College Signing Day initiatives.

The White House just released the Fact Sheet “Celebrating Progress in Expanding College Opportunity for Every Student on College Signing Day.”  In regards to Napkin Finance it states, “Napkin Finance breaks down financial concepts in a simple, engaging, and visual way in 30 seconds or less. Most importantly, it teaches teens and young adults how to make smart money decisions and build a lifetime of financial well-being. For the First Lady’s Better Make Room initiative, Napkin Finance has created a course with “napkins” that prepare students for the financial challenges of a college education. The Better Make Room collaboration with Napkin Finance will inspire and empower teens to fill out the FAFSA, learn more about options for paying for college, understand how student loans work, and encourage ongoing engagement with the Reach Higher platform.”

To read the full Fact Sheet, click here.

To learn more about Napkin Finance visit: http://www.napkinfinance.com

For more information about the Preccelerator® Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

 

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SAM Client HitFix Acquired by Woven Digital

HitFix

Stubbs Alderton & Markiles’ client HitFix, a fan-focused publisher of entertainment news, reviews and video, has been acquired by Woven Digital.  Terms are undisclosed.

With the acquisition HitFix’s 17 employees are joining Woven, including CEO Jennifer Sargent, editor-in-chief Richard Rushfield, CTO Anurag Jain and TV critic Alan Sepinwall. Woven plans to boost HitFix’s video output, with higher production quality and frequency, and they believe that HitFix’s focus on the 18-34 year old market will help them expand the company’s reach into the highly sought demographic.

Prior to the acquisition, HitFix had raised $6.8 million. The company’s investors included Gordon Crawford, Golden Seeds, Angel Capital Entrepreneurial Fund, Liquid Capital Group and Tech Coast Angels. In 2008, Sargent co-founded HitFix with Gregory Ellwood, who left the company last September.

SAM attorneys on the deal included Louis Wharton, Scott Galer and Mariam Karson.

To view further press on the transaction, visit:
Variety
Hollywood Reporter 

About HitFix
HitFix is the fastest growing entertainment news brand, driving discovery, conversation and choices for passionate entertainment fans via breaking news, expert analysis, engaging reviews, recaps and live, on-the-scene event coverage of the biggest entertainment events across film, TV, music and more. HitFix offers partners access to an unparalleled editorial and video distribution network spanning desktop, mobile, social, video and out-of-home digital displays to the tune of 90+ Million interview streams and 300+ Million viewers each month. HitFix is truly everywhere.

About Woven Digital
Woven Digital is an award-winning digital media and content company. Woven’s unique approach to storytelling through a mix of documentary-style video and authoritative journalism covers subject-matter and individuals often overlooked by traditional broadcast and media. Through our brands, we engage with millions of young male consumers on a daily basis. Woven’s flagship destination, UPROXX, is a top-25 mobile site that delivers original programming celebrating humans and human culture (HUMAN), exploring tech and innovation (LUMINARIES), breaking the undiscovered in music (UNCHARTED) and covering the unknown stories in sports (UNDERBELLY). For more information about Woven, visit www.woven.com.

About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm.

Press Contact:

Heidi Hubbeling
Director of Marketing
Stubbs Alderton & Markiles, LLP
hhubbeling@stubbsalderton.com
(310) 746-9803

 

 

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SAM Encourages You to Attend: Caltech’s “Got IP? Intellectual Property & Innovation” – April 28th World IP Day

caltech-new-logo

 

Got IP? Intellectual Property & Innovation

 

Thursday, April 28th, 2016
at 3PM

 

Admission is free, registration is requested

 

Register Here

 

 

A panel of intellectual property experts will discuss the many facets of IP that engineers and scientists encounter in different work settings. The panel will outline the importance of intellectual property protection for entities producing technology and the challenges and opportunities that IP provides to scientists working in startups, big companies, and academia and provide providing guidance on how to prepare for these challenge and opportunities.

Where:  Caltech Hameetman Auditorium in the Cahill Center for Astronomy and Astrophysics

When: Thursday afternoon, April 28, 2016 (program from 3 p.m. to 4:30 p.m.; reception following)

Schedule:

3:00-3:10 pm: Welcome and introductions

3:10-3:30 pm: USPTO introduction – John Cabeca Director of the Silicon Valley United States Patent and Trademark Office

3:30-4:30 pm: Panel

Wayne Sobon, IP Attorney and former AIPLA President

Kevin De Bre, Partner Stubbs Alderton and Markiles LLP

Tim Loomis, Vice President, Chief Patent Counsel at Qualcomm

Case Cortese, Caltech Director for Innovation, New Ventures & Entrepreneurship

4:30-5:30 pm: Networking reception

This event is brought to you by Caltech as part of World IP Day, which was created by the World Intellectual property Organization (WIPO) to promote discussion of the role of intellectual property in encouraging innovation and creativity, World IP Day events across the United States are supported by the United States Patent and Trademark Office (USPTO)and the American Intellectual Property Law Association (AIPLA)

Here is a video message from the USPTO for the 2015 World IP Day featuring then USPTO Deputy Director, Russell Slifer: World IP Day message from USPTO.

                 

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Preccelerator® Program Now Accepting Applications!

 

SAM NewPreccelerator

Stubbs Alderton & Markiles, LLP is one of the leading business law firms in Southern California. We pioneered a fixed fee start-up package making the formation and organization of your start-up as seamless as possible. Our Preccelerator® Program is a platform offered to select start-up companies out of our Santa Monica office that provides interim office space and sophisticated legal services, with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides free co-working space and other perks for 5-6 promising young startups.

The perks include:

  • Free 24/7 access to our co-working space on a rolling basis, including free wireless access to the Internet and access to conference rooms for meetings and presentations
  • Access to real-time legal advice and transactional legal services on site (under our standard engagement and/or fee arrangements)
  • Access to in-house educational workshops and activities
  • Access to our extensive network of mentors
  • Potential introductions to our network of investors and other service providers
  • Partnerships with Google Cloud for Startups, Amazon Web Services, FacebookStart, the Los Angeles Venture Association (LAVA), Trinet, Early Growth Financial Services (EGFS) and many more!
  • Perks package worth approximately $150K!

Apply Today

For more information about the Preccelerator Program, visit www.preccelerator.com or contact Heidi Hubbeling at (310) 746-9803 or hhubbeling@stubbsalderton.com

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SAM Preccelerator Program Presents: “Revenue Recognition” with Crowe Horwath

Join Stubbs Alderton & Markiles, LLP and Crowe Horwath for this exclusive event!

 

“Revenue Recognition”

With this new revenue recognition standard on the horizon, now is the time for organizations to understand how the changes will affect their organization and develop an implementation plan that will help their organization experience a seamless transition. You are invited to join Crowe Horwath LLP for a presentation on revenue recognition and implementing the new Accounting Standards Update 2014-09, “Revenue From Contracts With Customers” including:

  • Summary of the new standard
  • Considerations for digital media and technology companies
  • Developing an implementation plan for the new standard
  • Internal control considerations

 

 
Thursday, April 21, 2016
 
5:30pm-8:00pm
 
**Food, Drinks & Networking Included!**
Register!

 

Featuring

Sam Aina is a leader in the Risk Consulting Practice and has more than 12 years of experience providing Internal Audit and SOX services. He has a proven track record helping clients in a variety of industries with their internal audit, compliance, and risk management needs.

 

Scott Sachs is a leader within Crowe audit services and specializes in publicly traded and private companies in the technology, manufacturing, and media industries.

  

             

Office of Stubbs Alderton & Markiles, LLP
1453 3rd Street Promenade, Suite 300
Santa Monica, CA 90401

Parking
4th Street/Broadway ramp or in the Santa Monica Place Mall

We hope to see you there!

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