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Idealab Sells Off Domain For $1M

socalTECH

A UK-based firm running an online price comparison shopping site said today that it has acquired the domain name Top10.com com from Pasadena-based Idealab , in a deal worth over $1M. Top 10 said Idealab has received a 7 percent share in the company as part of the deal, and that Idealab's Bill Gross has joined the firm's advisory board.

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TweetUp Buys Twitter Client Twidroid

socalTECH

Pasadena-based TweetUp , the Twitter advertising startup out of Idealab, said today that it has acquired Twidroid , which develops its own Twitter client for Android phones. As part of the acquisition, TweetUp said it will rename Twidroid to Twidroyd, to minimize confusion with products from Lucas Films, which owns the trademark "droid".

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Punchcard Partners With Marketing Agency, Ad Network

socalTECH

Pasadena-based Punchcard , the Idealab startup working on mobile loyalty applications, reported this morning that it is in a joint partnership with KDA Group , a local marketing agency, and mobile-local ad network xAd. Financial details of the joint partnership deal were not announced by the companies.

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Congrats To The Spotlight: LA Tech Winter Presenting Companies at Caltech

Tech Zulu Event

Crowd Seats is the only Group Buying/Daily Deals site for sports fans. Mobile Web America, Inc. has created a simple to use, online application for your business to create a mobile site and secure its mobile presence. We utilize the content of your existing website and create a mobile version on-the-fly.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Rumored to have turned down acquisition offers from Yahoo and Facebook. Geodelic develops free mobile applications to easily browse your surroundings (restaurants, banks, businesses, etc).

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Spotlight: LA Tech | One Year, Recap, and Thank You!

Tech Zulu Event

GumGum was founded in 2007 when a team of seasoned Internet entrepreneurs realized web site publishers were missing out on valuable revenue by not monetizing their image-based content. After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. CitySourced is a real time mobile civic engagement platform.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

They were started in affiliation with IdeaLab and were the first-round lead in PayPal. Palm (acquired by HP ) – In our interview we talked about how transformational mobile computing is and why it’s different than web computing (e.g. They’ve had a total of 12 deals that have IPO’d. AppDynamics.