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Lynda.com Gets Award For Job Creation

socalTECH

Lynda.com now has operations in Carpinteria and Calabasas, and according to the firm's web site has over 400 employees in total. Lynda.com's online site offers up instructional courses on everything from software like Photoshop to Wordpress, and Excel to AutoCAD. Lynda.com said the award will appears in Inc's December/January issue.

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Former Napster COO Dies In Bicycle Crash

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According to those reports, Olin was struck on Mulholland Highway in Calabasas. Milton Olin , the former COO of Napster , has died as the result of a bicycle crash early Sunday afternoon involving a police car, according to multiple reports.

Calabasas 235
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Spotlight Sees Growth At New HQ

socalTECH

Spotlight , the venture backed provider of software-as-a-service for managing sports and entertainment tickets, said this week that it has moved from Woodland Hills to Calabasas, in expectation of growth in its staffing. The firm is in a 3,365 square foot office in Calabasas. The firm--which recently raised $2.5M

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Ixia Buys BreakingPoint Systems

socalTECH

Calabasas-based Ixia , the developer of network testing equipment and software, announced this morning that it is in a definitive agreement to acquire BreakingPoint Systems , a developer of security testing tools. The deal is worth $160M in cash.

Calabasas 215
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FaceCake Gets Funding For Virtual Dressing Rooms

socalTECH

Calabasas-based FaceCake Marketing Technologies , a developer of 3-D, virtual dressing room technology, has raised a round of funding from XG Ventures, a Silicon Valley venture firm whose founders are former Google execs. Amount of the funding was not disclosed. The funding round was first reported by the Wall Street Journal Tuesday morning.

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CheapAir.com Starts Accepting Litecoin, Dogecoin For Travel

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Calabasas-based travel booking site CheapAir.com says that it has begun accepting those two cyber-currencies -- which are similar to Bitcoin -- for booking airline flights, hotels, and train seats. Are you an alternative currency mogul, wishing you could directly spend your Litecoin or Dogecoin cryptocurrency for an airline ticket?

Calabasas 207
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DTS Wins Indian Mobile Phone Brand

socalTECH

Calabasas-based audio processing technology provider DTS announced today that it has scored a design win with Indian mobile phone brand Karbonn Mobiles. DTS said that Karbonn will be integrating its DTS Sound technology into its multimedia phone, the Karbonn A15+. Financial impact of the win was not announced.

Mobile 182