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Los Angeles-based KlickSports (www.klicksports.com) recently rolled out the firm's live sports prediction web site and game, looking to harness the enthusiasm of sports fans for their favorite sports and teams. We spoke with Jose daVeiga , the firm's CEO and co-founder, to learn more about the company. What's the idea behind Klicksports? Jose daVeiga: In a nugget, we started Klicksports to empower sports fans with the ability to interact with sports they like, and with each other, in an interact
I'm happy to announce the launch of the Los Angeles Tech Content Community. This is the beginning of a content community that collects and organizes the best content from blogs and web sites. The goal is to create a place where it's relatively easy to find current content and highly relevant content surrounding Los Angeles Technology. To be clear Los Angeles Tech is a jump off point.
Friday, February 6, 2009 -- Startonomics. Startonomics is a one-day conference aimed at equipping you with metrics and models for success. You'll hear from some of the smartest, scrappiest startup CEO's on real world strategies and hard-knock lessons that matter most, whether you're a startup exec, an investor, or an aspiring entrepreneur. See [link] (more).
Marina Del Rey-based Six Degree Games is off to a rapid start with its new Action AllStars virtual world, the firm tells socalTECH, with more than 100,000 registered user in the first two weeks of public availability. The site--which counts both the National Basketball Association and Major League Baseball Advanced Media as partners--offers an online site focused on interacting with friends, playing games, and chatting with other sports fans.
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.
Citrix Systems , a provider of enterprise infrastructure software based in Fort Lauderdale, Florida, said Wednesday that the firm is reducing its headcount by approximately 10 percent--and has laid off staff at the firm's Santa Barbara Unit, Citrix Online. According to sources, the firm has provided notice to people in its Santa Barbara office about the cuts.
Our startup interview this morning is with Josh Stomel , founder of ResumeBucket (www.resumebucket.com), a new web site that is focused on helping people share their resumes with the world. Stomel--who is bootstrapping the startup from his recruiting firm, NeoHire--explained the site to us. What's the idea behind the site? Josh Stomel: ResumeBucket is a portal that allows consumers to simply put their resume online, within seconds.
Search engine giant Google made two dramatic announcements Wednesday afternoon, saying that it will lay off around 100 recruiters at the firm, as it slows its hiring, and will cut three of its remote engineering offices. The firm said that the 100 positions in recruiting were cut due to the state of the economy, and because it decided that it needed less people focused on hiring.
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Search engine giant Google made two dramatic announcements Wednesday afternoon, saying that it will lay off around 100 recruiters at the firm, as it slows its hiring, and will cut three of its remote engineering offices. The firm said that the 100 positions in recruiting were cut due to the state of the economy, and because it decided that it needed less people focused on hiring.
Calabasas-based Ixia, which develops test hardware and software for the networking market, announced this morning that it has selected Plexus Corp. as its strategic supply chain solutions provider. According to Ixia, Plexus will manufacture its test, measurement, and service verification products. Financial details of the deal were not disclosed. Ixia's products are used for IP network testing, including products for testing Gigabit Ethernet, IPTV, broadband services, VoIP, and network security.
Ventura-based Aquea Scientific, which develops a UVA/UVB sunscreen which can be washed on or applied in the shower, has quietly raised $10.955M in funding. The funding was first disclosed in the PricewaterhouseCOopers/NVCA MoneyTree venture capital report over the weekend. No details of the funding have been released by the company, however, the firm is listed as a portfolio holding of the Hawaii Angels and McGovern Capital.
Santa Barbara-based SpectraFluidics Inc., a developer of handheld chemical-detection devices, reported Tuesday that Casey Hare has joined the firm as vice president of systems engineering. In this role, SpectraFluidics explained, Hare will function as the company's system architect, applying his manufacturing and product development expertise in order to help its chemical detection technology reach market.
Pasadena-based Perfect Market, the Idealab-backed startup which is looking to help publishers monetize their underutilized and archive content, said Wednesday that it has created a new advisory board. The firm said that it has added Darshan Kantak, Chief Product Architect for Yahoo's Marketing Products Division; Larry Goodman, President of White Mountain Media; Jonah Schnel of the Ezralow Company; and Chris Muller, Director of Business Development of Synthasite, to its advisory group.
Irvine-based WaterHealth International, which is developing water purification and disinfection technology, has scored the first close of a Series D funding round, the firm said late Tuesday. The firm said the funding brings its total funding in the round to more than $10M. The round was led by Dow Venture Capital and SAIL Venture Partners. WaterHealth International said it will use the funding to accelerate its growth.
San Diego-based Sequenom, a developer of genetic analysis products, is making a hostile bid for a competitor, EXACT Sciences Corporation, shortly after an offer was rejected by Exact's board. Sequenom said this morning that it has offered to acquire all of the outstanding shares of common stock of EXACT Sciences, for $41M, or $1.50 per share in Sequenom common stock.
Laguna Niguel-based Symwave, a venture backed firm focused on analog and mixed signal semiconductors, said Tuesday that it has added Vahid Manian as a member of the firm's Technical Advisory Board. Manian was most recently Senior Vice President of Broadcom's Global Manufacturing Operations. Symwave said that Manian joins Dell CTO Kevin Kettler, Best Buy's Brian Chubboy, and Intel VP Gil Frostig on its advisory group.
La Jolla-based Anaphore has raised $25M in a Series A financing, the firm said Wednesday, in a funding led by 5AM Ventures, Versant Ventures, and Apposite Capital. The firm, which is developing biopharmaceuticals for treating immune-mediated diseases and oncology, said the funding will go towards developing its protein therapeutics. Anaphore's board is chaired by Andy Schwab of 5AM Ventures, and also includes Brad Bolzon of Verant Ventures, Chris Hollowood of Apposite, Steve Kaldor of Ambrx, and
Laguna Beach-based OrthAlign said Wednesday that the firm has raised $7.2M in a Series A funding round, in what looks to be the first announced Southern California venture deal in 2009. The funding was led by Research Corporation Technologies and Okapi Venture Capital, and also included seed investors D. Ronald Yogada, Ned Scheetz, and CEO Pieter Wolters, along with other undisclosed private investors.
Aliso Viejo-based Smith Micro Software is in a deal to publish and distribute MashON Spore Comic Book Creator, a software program which allows users to create their own comic books based on the popular video game Spore. According to Smith Micro Software, the deal with Planetwide Games will allow the firm to publish and distribute the title through its retail and distribution channel.
Lake Forest-based Comarco announced today that the firm has completed its sale of its wireless test solutions business to Ascom Holding AG. Comarco said the sale was worth $12.75M in cash. Comarco originally announced the sale of the business in September. The firm said the sales of the wireless test business will save it approximately $4.8M in annual costs, from salaries, benefits, and associated facilities.
San Diego-based Staccato Communications, which develops ultra-wideband (UWB) and wireless USB technology, has scored a design win with Imation. Staccato said that Imation will use the firm's USB solution as part of a wireless projector system. Financial impact of the win was not disclosed. Staccato's chips will be used as part of the Imation Wireless Projection Link, which allows multiple users to share a conference or meeting projector.
San Diego-based ParAccel, which develops database appliances used to accelerate database queries, said today that it has doubled its workforce over the past year, and has moved into new offices. The firm--which is backed by Bay Partners, Enterprise Partners, MDV Mohr, Davidow Ventures, and Walden International--said the move was made to accommodate the firm's rapid growth.
Pasadena-based X1 Technologies, a developer of desktop and enterprise search software, is setting its sights on the eDiscovery market, saying this morning that it has created a new offering specifically aimed at the eDiscovery market. X1 said it has built a solution, based on its X1 enterprise search technology and professional services, called X1 eDiscovery Search Suite.
Los Angeles-based Access 360 and production company Endemol USA said Thursday that the two firms have partnered on a new series, which will run on Access 360's media network. Access 360, develops content for in-store, retail media displays for retailers such as f.y.e., said will run a new series called Waiting for a Ride, which will focus on friends looking for the "West Coast's best waves.
Los Angeles-based KlickSports has quietly launched a new, online sports game focused on allowing sports fan to make predictions and interact with others. The Los Angeles-based startup, which is backed by angel investors, is hoping that sports fans will get hooked into the firm's site, which allows football, basketball, baseball, and other sports fans to make predictions on games and plays, and trade banter with other fans.
Los Angeles-based EQAL (www.eqal.com) launched into the online world in 2006 with the creation of the YouTube sensation "lonelygirl15," the fictional video blog of a teenage girl. Since the, EQAL has inked a number of deals--the most recent with CBS on the show "Harper's Island"--to develop online shows which take full advantage of the Internet medium.
Los Angeles-based United Sample, which operates online survey and sampling services for the market research industry, announced today that it has raised $3M in a Series B funding round. The round was led by Greycroft Partners, and also included prior investor DFJ Frontier. United Sample said that Dana Settle of Greycroft will join the firm's board along with the funding.
Venice, California-based JibJab, the online comedy site known for their politically-oriented, musical animations, said this morning that it has raised $7.5M in a Series C funding round. The round came from Overbrook Entertainment and Sony Pictures Entertainment, along with existing investor Polaris Venture Partners. James Lassiter of Overbrook Entertainment will join the firm's board as part of the funding, with Guy Primus, Overbrook's Head of Interactive Media joining JibJab's advisory board.
Agoura Hills-based DTS has acquired Neural Audio, a firm which develops music playback and creation technology, the firm said Tuesday afternoon. DTS said it will pay $7.5M in cash for certain assets and liabilities of Neural Audio, and will pay up to $7.5M in earn out over the next five years if certain conditions are met. As part of the acquisition, the firm said it has hired on Geir Skadden, the firm's CEO; Mark Seigle, President & COO, Jeff Thompson, Director of Engineering; and James "JJ
socalTECH.com has just signed on as a Network Partner in an exciting new program called Microsoft BizSpark. It's specifically designed to help us put promising technology startups like yours on an even faster track to success. Through BizSpark, we can now offer you fast, easy access to current, full-featured Microsoft development tools and platform technologies, as well as production licenses to develop and bring innovative and interoperable solutions to market.
Friday, February 6, 2009 -- LBS SIG: Dedicated Location Tracking from Niche to Mass Market: Qualcomm inGeo. CommNexus. The presentation will focus on the dedicated location tracking business on it's way from niche to mass market and look at specific use cases and market scenarios using Qualcomm inGeo as an example. See [link] (more).
Calabasas-based THQ , which develops computer game titles, is closing its San Diego, UK, and Germany offices, and has laid off 100 employees, according to an email to employees from CEO Brian Farrell. The move is part of a restructuring of the firm's THQ Wireless operations. According to the note, the firm is streamlining its THQ Wireless operations to only focus on high-end handheld devices.
Thursday, February 5, 2009 -- EconMusic. Grammy season is a fitting time to examine the state of the digital music industry as this year?s winning artists will undoubtedly be thanking the gamut of online and mobile channels that have helped boost their overall sales. But, the challenges ahead are vast. Join us in Los Angeles on February 5th for EconMusic, a half-day event that will address questions such as: What business models are companies turning to in order to remain competitive and stay ou
Thursday, February 5, 2009 -- TCVN Workshop Orange County. This workshop is specifically designed to address key issues in the formation, organization and execution of any early stage company. Mr. Robert Ochtel, founder of the Traverse Angels, will be presenting business planning processes and methodologies from his recently published book: Business Planning, Business Plans and Venture Funding.
Monday, February 2, 2009 -- Digital Music Panel. Digital LA. TRENDS in 2009: Join us and other digital music industry insiders and fans for our fun pre-Grammys networking event celebrating online music. Our short, interactive panel discussion will cover new developments, current trends, and future predictions for what?s in store for digital music in 2009, from the growth of social networks and mobile distribution to new developments for P2P.
In our Friday Southern California technology news roundup: The economy continues to be in the news this week, as Broadcom is cutting 200 employees as it sees a glum Q1. But, for some reason, a number of small, private SoCal firms are actually quite upbeat, including MaintenanceNet - reporting Q4 growth ; Central Desktop with "a record quarter"; Skweezer saying the fourth quarter bumped it to profitability ; mobileStorm also reporting a strong quarter ; not to mention iRise , which says the bad e
Irvine-based Broadcom will lay off 200 workers, or about 3 percent of the firm's employees, the firm said yesterday on its earnings call. According to Broadcom, the company is looking to manage its costs and focus on operating cash flow, and is implementing cost saving measures including delaying salary increases, a reduction in workforce, and a variety of other "belt-tightening" actions.
Santa Monica-based Outcast , a privately held provider of out-of-home advertising networks, said Thursday that the firm is expanding its network to New York. Outcast said its Fuelcast Network--an ad network which goes to gas stations--will expand to New York, bringing its number of locations to more than 900. The expansion in New York also includes the opening of an office in the state.
G-Technology Inc., a manufacturer of audio/video data storage devices, revealed earlier this week that it has signed a U.S. distribution deal with global IT supplier Ingram Micro Inc. According to G-Technology, Ingram Micro will carry G-Tech's entire line of storage solutions, including its USB, FireWire, eSATA, SCSI and Fibre Channel systems. Additionally, G-Technology noted, Ingram Micro will market and support G-Tech's external storage drives as part of Ingram Micro's Components division.
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