May, 2009

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Boingo Wireless Courts SlingPlayer Users

socalTECH

Los Angeles-based Boingo Wireless , which operates a worldwide network of Wi-Fi hotspots, is looking to attract disgruntled users of Sling's new iPhone application. Sling, which makes "time shifting" hardware devices to record television content, rolled out its SlingPlayer Mobile for iPhone today, with a notable removal of 3G network support due to a spat with AT&T and Apple.

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Twitter Revenue from Tools

SoCal CTO

Just read this article - Twitter sees tools, not ads, for revenue That could be really bad news. Part of the appeal of twitter is that it's a fairly open platform and that there are a lot of people building tools that live on top of the platform. If Twitter begins to charge for tools, they will likely need to lock away aspects of their platform to prevent other people from creating competitors to the tools they create.

Tool 150
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Project Management for Technical Professionals

SoCal Tech Calendar

Saturday, June 6, 2009 -- Project Management for Technical Professionals. This course will look at project management from a product development perspective. See [link] (more).

Course 100
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ModernMom.com Takes On Mommy Sites

socalTECH

Television celebrity Brooke Burke and Internet entrepreneur Lisa Rosenblatt said Monday that they have acquired ModernMom.com , an online site focused on mothers, and relaunched the site--powered in part by content from Demand Media, the online media firm headed by Rosenblatt's husband, Richard Rosenblatt. According to ModernMom.com, it will include "thousands" of articles and videos from Demand Studios, focused on the interests of mothers.

Sites 157
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Social Networking and Business Value

SoCal CTO

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. Individuals use social networking sites such as LinkedIn and Plaxo as career-advancing tools, even more useful in a down economy.

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Tandem Diabetes Gets $21.3M

socalTECH

San Diego-based Tandem Diabetes , a developer of insulin pumps, has raised $21.3M out of a $52.3M funding round, according to a regulatory filing by the firm Friday. Details on the funding have not been released by the company. Tandem has previously raised funding from such firms as Domain Associates, Second Technology Capital Investors, and TPG Ventures.

San Diego 140

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Ripple Bolsters Board With Media Execs

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El Segundo-based out-of-home advertising firm Ripple TV said today that it has added two media executives to the firm's board of directors. Ripple, which is venture backed by Draper Fisher Jurvetson and Trinity Ventures, said that Scott Hagedorn of Omnicom Media Group agency PHD USA, and Jack Myers of Myers Publishing have both joined its board. John Fischer of DFJ, Tim McAdam of Trinity, and the firm's CEO, John McMenamin, are also on the company's board of directors.

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Docstoc Exits Beta, Adds Rev Share

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Santa Monica-based Docstoc , the document sharing site run by Jason Nazar, said this afternoon that it has officially come out of its public beta. Along with the official launch, the firm said that it has rolled out a new revenue sharing agreement--DocCash--which will split Google AdSense revenue with people who upload documents to the site. DocStoc, which is venture funded by Rustic Canyon Partners, also said that it has redesigned its home page to feature documents by breaking news and most so

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Quest Announces eDiscovery Software

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Aliso Viejo-based Quest Software disclosed this morning that the firm is planning its own, e-discovery software, which it said it will launch in the third quarter of the year. E-discovery software is used by companies to store and manage documents and records in relation to legal actions. According to Quest, its e-Discovery Manager will help IT, HR, records managers, and legal investigations with collecting, reviewing, and exporting electronically stored information in-house.

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Spectrum Pharmaceuticals Wins $4.3M In Arbitration

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Irvine-based biotechnology firm Spectrum Pharmaceuticals reports that it has won $4.3M in an arbitration over a dispute with Cell Therapeutics, over liabilities over joint venture expenses. According to the firm, $3.5M of the amount was ordered to be paid immediately to the firm from an escrow account, with an additional $776,454 to be paid from Cell Therapeutics by wire transfer.

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RFaxis Announces RF Chips

socalTECH

Irvine-based RFaxis , a new semiconductor firm focused on RF chips, said yesterday that it has launched its first two products, a set of single-chip products for the Bluetooth, WLAN, MIMO, and Zigbee markets. According to RFaxis, the firm's chips replace conventional, multi-die front end modules with single-chip, single-die wireless capability. The firm said it is looking to reduce complexity and costs of wireless designs.

Design 124
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Maxwell Technologies Raises $17.6M

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San Diego-based Maxwell Technologies reported Tuesday that it has sold approximately $17.6M in a common stock offering, underwritten by Roth Capital Partners. The publicly traded firm, which trades on the Nasdaq as MXWL, said the funding will go towards working capital and general corporate purposes. Maxwell is a developer of ultracapacitors for the energy market, along with microelectronics for the defense and commercial markets, and other energy and power-related components.

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CalAmp Signs Distributor

socalTECH

Oxnard-based CalAmp , a developer of wireless tracking products, announced today that it has partnered with automotive distributor MOC Product Company, to market GPS-based stolen vehicle recovery solutions to automotive dealers. Financial details of the partnership were not disclosed. According to the two companies, MOC will market GPS products from CalAmp under its Ecotrac brand name.

Product 124
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Interview with Peter Lee, Baroda Ventures

socalTECH

A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). We caught up with Peter earlier this week to get the background on Baroda, and to talk a little about the firm's investment goals.

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Friday Fun: LA Earthquake Info Hits Twitter

socalTECH

Friday fun: In the latest information source to connect to the popular micro messaging site Twitter, an intrepid programmer has created a Twitter robot-- @earthquakesLA which allows Twitter users to see the latest earthquakes in the Los Angeles area, based on data from the USGS. According to the timeline of creator @billsnitzer , the new Twitter robot was created on May 4th.

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Websense Links With Riverbed

socalTECH

San Diego-based web security firm Websense has tied with WAN acceleration firm Riverbed Technologies , the two said Thursday. According to the companies, they will offer Websense's web security products combined with WAN optimization products from Riverbed. Financial details of the partnership were not disclosed. Websense's software will site on Riverbed's Steelhead appliance; the solution will be available through resellers of both firms.

San Diego 113
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Interview with Brian Nilles, Evolver

socalTECH

Last week, Aliso Viejo-based Darwin Dimensions rolled out Evolver (www.evolver.com), an online tool for creating highly detailed avatars. Brian Nilles, the firm's CEO, is no stranger to the 3D animation and computer graphics market, having served for ten years as CEO of Vicon Motion Capture, and he sat down with us to chat Darwin Dimensions and what's special about the firm's avatar software.

Tool 113
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ValueClick, Specific Media Rise In Ad Network Rankings

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Two local online advertising businesses--Westlake Village-based ValueClick , and Irvine-based Specific Media --are showing growth in the latest comScore ranking of advertising networks. According to comScore, which analyzes Internet traffic and e-commerce statistics, ValueClick is now number five, and Specific Media number six, in the top online ad networks--just behind Platform-A, Yahoo, and Google. comScore said that ValueClick grew 14 percent year to year in total unique visitors, to 160,307,

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WD Sells Factory

socalTECH

Lake Forest-based disk drive maker Western Digital Corp. reported today that it has agreed to sell the assets of its media substrate manufacturing facility in Sarawak, Malaysia to Hitachi Global Storage Technologies. According to WD, the sale is part of an effort by the firm to "realign its cost structure" to match softer demand for its products. WD's Sarawak, Malaysia facility manufactured aluminum substrates for magnetic media, and was originally part of Komag, which was acquired by WD in Sept

Media 113
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60Frames Shuts Down

socalTECH

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. 60Frames had raised $3.5M in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. 60Frames had been incubated within the United Talent Agency and Spot Runner.

Layoffs 113
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LetSimonDecide.com Looks To Help Decision Making

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Los Angeles-based web site LetSimonDecide.com is hoping that its new web site will help users make difficult life decisions, such as selecting a college or changing a career. The site, which launched Tuesday, uses user input into a web site to help weigh factors in a decision, walking users through a logical weighting of different factors in various decisions.

Help 113
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Interview with John Tomich, Onestop Internet

socalTECH

Yesterday, Rancho Dominguez-based Onestop Internet (www.onestop.com) announced that the firm has raised $13.3M in a Series A venture round. We had the chance to talk with co-founder John Tomich about the funding and the firm, which operates e-commerce sites for fashion brands and others. What's the background on Onestop Internet and what you do? John Tomich: We've been around for five years.

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AdventureLink Snags CEO From Yahoo

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Los Angeles-based AdventureLink , a venture funded online adventure travel booking site, said Friday that it has appointed Jeff Dossett as the firm's Chief Executive Officer. Dossett was most recently at Yahoo!, where he was Senior Vice President of Audience Experiences for North America. Dossett also was Executive Producer and General Manager of MSN, and was CEO of Carpoint, and GM of MSN HomeAdvisor.

Yahoo 100
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Citrix Online Looks To UGC For TV Commercial

socalTECH

Santa Barbara-based Citrix Online is looking to tap the creativity of Internet users for its next TV commercial, saying last night that it is inviting people to create their next TV commercial as part of a promotion. The firm said that it is asking customers to create a TV commercial for GoToMeeting, the firm's web conferencing offering, and will award $30,000 in cash to the "most creative video entry.

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Broadcom Names New Board Member

socalTECH

Irvine-based Broadcom announced this morning that it has added Joan L. Amble as a board member. Amble is EVp and Corporate Comptroller of the American Express Company. According to Broadcom, Amble has also served at GE Capital Services, the Financial Accounting Standards Board, and Ernst and Young LLP. Amble also sits on the board of SIRIUS XM Radio.

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Interview with Justin Cooper, Society6

socalTECH

Last week, Justin Cooper, who was one of the founders of VC-backed Passenger, launched a new company called Society6 (www.society6.com), focused on helping to get artists and art projects funding. We caught up with Justin to understand his new company and why he turned his attention to the arts. What's the idea behind Society6? Justin Cooper: Society6 is a platform for emerging talent, to get resources and support that they need to realize their full potential.

Startup 100
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AccessEN

SoCal Tech Calendar

Thursday, June 4, 2009 -- AccessEN. Join us for the inaugural kick-off of LA's Access Executive Network. Come meet us and learn more about Access Executive Network (AccessEN). Our inaugural event promises to be one to remember. Held at Sony Pictures Entertainment, this beautiful facility in Culver City is our destination where youll be entertained by the noted Satin Dollz, a group of singers and dancers whose energetic and upbeat renditions of movie musicals spanning the 30s to the 50s are sur

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Gold Coast Business Forum Summer Social

SoCal Tech Calendar

Thursday, June 4, 2009 -- Gold Coast Business Forum's 2009 Summer Social. Come and join us at Gardens of the World for our Annual Summer Social. An evening of drinks, food, and a special treat; an interactive experience hosted by Santa Barbara Chocolate Company (a taste experience featuring varieties of chocolate from around the world). See [link] (more).

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The Israel Conference

SoCal Tech Calendar

Thursday, June 4, 2009 -- The Israel Conference. Join us for our first interactive forum to bring Israel-facing companies together to increase business and investment opportunities between Israel and California. The Israel Conference will showcase leaders of significant businesses that were founded in Israel, have RandD operations in Israel, do business in Israel, or represent investors in Israeli companies.

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Memeo Looks North For President

socalTECH

Aliso Viejo-based Memeo , which operates an online media backup service, said this week that it has named George Northup as the firm's new President. The venture backed firm said that Northup will be based in San Jose. Northup joins from AuctionDrop, and has also served at LiveCapital, Online Resources Corporation, Intellicall, and SMS Data Products Group.

Resource 100
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Chumby Raises $3M In Debt

socalTECH

San Diego-based Chumby , a maker of a Internet-enabled information device, has raise $3M in a funding round, according to a regulatory filing from the firm Thursday. According to the filing, the funding came in the form of debt plus warrants; source of the funding was not disclosed. The firm has previously raised funding from Avalon Ventures, O'Reilly AlphaTech Ventures, Masthead Venture Partners, and JK&B Capital.

Avalon 100
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Meet The VC

SoCal Tech Calendar

Thursday, May 28, 2009 -- Meet The VC. OCTANe. Join us for an informative (and informal) discussion with Dave Ryan of Mission Ventures. Dave will describe his firm's investment philosphy, investment process, and the current state of VC fundraising and investment. This event is for entrepreneurs only. Entrepreneurs will have an opportunity to ask many questions and get answers from one of Southern California's most experienced venture investors.

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Google Power

SoCal Tech Calendar

Tuesday, June 2, 2009 -- Google Power. SDSIC. Serial internet entrepreneur Dmitry Shapiro will provide a special presentation from his full day course in this one hour session. Drawn from the first section of the course Finding Information Online, the presentation will focus on how Internet Power Users like Dmitry use Google and other tools to pinpoint exactly what they are looking for.

Google 100
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New Media Vault May

SoCal Tech Calendar

Thursday, May 28, 2009 -- New Media Vault May. Welcome to the East Sides first New Media Networking Event in Downtown Los Angeles. This monthly event draws at least 300 people from all levels of the new media world: with top industry leaders in attendance, your company will have the chance to get face time with financiers, talent, celebrities, producers, directors, designers, agents, managers, lawyers, and industry award winners.

Media 100
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RightScale Nabs Former MySQL CEO For Board

socalTECH

Santa Barbara-based RightScale , which develops software for managing cloud computing, announced Thursday that it has added former MySQL CEO Marten Mickos to the firm's board of directors. Mickos was CEO of MySQL from 2001 until last year, when he sold the firm to Sun Microsystems. Mickos then served as Senior Vice President of Sun's Database Group until this year.

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Goodreads Rolls Out Bestseller List

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Santa Monica-based Goodreads , the site focused on social networking around books, reports today that it has rolled out a new feature which shows the most popular books for a given publishing date. The firm--which compared its lists to the New York Times Bestseller List--said the new feature allows users to select any year or month to see which books are the most popular with its users.