Preccelerator Program begins its fourth class of companies in Santa Monica

Los Angeles (March 5, 2015) Stubbs Alderton & Markiles, LLP is pleased to announce the admission of a new group of companies to join the third class of its Preccelerator Program.  The Preccelerator is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space and access to sophisticated legal services, with the objective of helping start-ups grow their idea from business concept to funded startup.

The new participants include:

Etouloo – Today online dating sites are all the same. Members answer boring, scientific questionnaires and then write dreaded profile essays. Setting up a profile can be intimidating for many people and it’s just not fun for anyone. Dating sites rely on email, which is an ineffective way to get know potential matches.  Etouloo is an online dating service that uses gamified proprietary matchmaking algorithm to connect single adults via their unique gamified SparkFlirt(TM) platform.

LockAware – LockAware, Inc. is a new (2015) Los Angeles-based technology startup. LockAware’s primary goal is to significantly reduce fraudulent activity that is pervasive within the American locksmith industry. Its mission is to enable billions of dollars in lost revenue to be redirected to certified American locksmiths who operate as registered members of the LockAware network. LockAware Locksmiths, held to a high code of ethics and performance standards will aspire to restore legitimacy and trust to the time honored trade of locksmithing.

Swggr – The fashion love child of Instagram and Pinterest where users style themselves and others while being rewarded.  Users host a virtual online closet “collection” where they can instantly style and share looks for themselves, friends and followers. Users rack up reward points that are redeemable for discounts from their favorite brands and retailers, exclusive merchandise, and special access to fashion tastemakers.

Verde Circle – A software company that develops business software and services geared toward small to medium sized businesses.  Its initial product is a cloud-based software platform for managing inventory, sales orders, purchase orders and related communications.

The Program offers benefits such as free office space, real-time legal advice, partner perks, introductions to financing and other business services, and education and networking at their many in-house events.

The Preccelerator Program was launched early in 2013 and has had great success with its initial classes, which resulted in a majority of the companies being accepted into larger accelerator programs and incubators or successfully raising their seed funding round.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton is a business law firm with robust corporate, public securities, mergers and acquisitions, business litigation and intellectual property practice groups focusing on the representation of 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. Their 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 their Firm.

For more information about the Preccelerator Program and to fill out an application, click here or contact Heidi Hubbeling at (310) 746-9803.