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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

Let me explain. One obvious example is the OSI model in which we have seven layers ranging from the physical layer at the bottom of the stack (e.g.

S3 90

Top 29 Startup Posts May 2010

SoCal CTO

Continuing my series of posts that I’ve been collecting that live at the intersection of Startups and being a Startup CTO : Startup CTO Top 30 Posts for April 16 Great Startup Posts from March here are the top posts from May 2010. MongoDB at Etsy - Code as Craft , May 19, 2010 Hi! You could just outspend. It is to out friend. Solution.

The Convergence of Social Media & Traditional Radio

Eric Greenspan

As I prepare for my role as emcee in June for  Convergence 2010 , I began to look back at how I got involved in radio. Why not? Tell no one!

Media 22

Why You Should Start a Company in. Los Angeles

SoCal Delicious

Los Angeles By: Laura Rich February 26, 2010 It used to be, if you were serious about starting a tech company, you went to Silicon Valley.

Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

socalTECH

Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), Rent.com ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999). Funk then focused the analysis on the 731 documented exits for the period 1995-2009.

Study 11

Interview with Taher Scherzay, FavRav

socalTECH

One of the previous companies I worked on we sold to Microsoft in 2005, and I then spent some time at Microsoft to get that company integrated. Taher tells us about his journey from Silicon Valley to Southern California, the inspiration behind the site, and where he hopes to take the business next. What's the idea behind FavRav? Thanks!

Google Unveils Self-Driving Car Effort

socalTECH

Google did not say how it expects to apply the technology, but did say it hired at least two of the engineers from winning teams of DARPA's Grand Challenge, including the technical team leader from Carnegie Mellon University on the 2007 Urban Challenge winning team, and the software lead for Stanford's team in the 2005 Grand Challenge.

Interview with Kevin O'Connor, FindTheBest.com

socalTECH

billion in 2005, and finally sold again to Google in 2007 for $3.1 billion. What's FindTheBest all about? How'd you decide to start FindTheBest?

Maximize Your Exit By Not Selling Your Company

InfoChachkie

In 1987, a representative of Michael Jackson approached the modest Sycamore Valley ranch house and knocked on the door. My House Is Not For Sale.

Interview with Winston Damarillo, Morphlabs

socalTECH

One of Southern California's successful, serial entrepreneurs is Winston Damarillo , who founded Gluecode, which he sold to IBM in 2005. Thanks!

How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

It is, of course, a very recent phenomenon. began asking around who the likely investors were for such a market. But not many others. Startup Lessons

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. Internet Brands had gone public just three years ago. The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar.

DailyD Gets $5.0M

socalTECH

Coffin's last startup, LowerMyBills, was sold to Experian Interactive in 2005 for $330M plus earnout; he is also an active angel investor in Southern California, with stakes in ThisWeekIn, Ad.ly, Rubicon Project, Docstoc, and other prominent local Internet firms. Split Rock was the venture firm which backed LowerMyBills. READ MORE>>.

DexCom Board Member Departs

socalTECH

Lucas is Founding Managing Member at RWI Group, which was an investor in DexCom before the firm's IPO in 2005. San Diego-based DexCom , a developer of continuous glucose monitoring systems, said Monday afternoon that Donald A. Lucas has resigned from the firm's board of directors.

Tech Coast Angels See 42x Return At MindBody

socalTECH

TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment. Although TCA members saw an excellent return on investment in MindBody, the 42x return still does not trump the 100x return the TCA's members scored in their investment in another portfolio company, Green Dot, back in 2010.

Public and Open Debate is the Highest Form of Democracy (and Blogging)

Both Sides of the Table

And there is relationship between debating and blogging. Let me explain. But I can also measure it in retweets, facebook shares and comments.

SAIL Venture Partners Boosts Ice Energy

socalTECH

SAIL focuses all of its investments on clean energy related companies, and first invested in Ice Energy back in 2005. Costa Mesa-based clean technology investor SAIL Venture Partners has boosted a maker of energy storage technology, as part of a big round for Ice Energy.

Interview with Zac Brandenberg, Meteor Games

socalTECH

They created Neopets, brought it to the US, helped it grow, and eventually sold it to Viacom in 2005. What's the story behind Meteor Games?

ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

Pourzanjani founded PriceGrabber and sold it to Experian in 2005 for $485M, and is among one of the active angel investors in Los Angeles. ELC is the firm behind startups RightScale, RightCart, and RightSignature, and also provides technology consulting and development to other companies. Financial terms of the deal were not disclosed.

The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

Friedman again in this weekend’s (Apr 3, 2010) NYTimes: “Between 1980 and 2005, virtually all net new jobs created in the U.S.

United Sample Becomes uSamp

socalTECH

Dusig and Lavin started United Sample in 2008, a few years after selling goZing to Greenfield Online in 2005. READ MORE>>.

Will Cyber Monday Make Black Friday Obsolete?

Tech Zulu Event

In 2010, sales surpassed $1 billion for the first time and Cyber Monday total spending continues to rise. The Argument Against Black Friday.

Sales 22

This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

RockYou (US) was founded in Redwood City in November 2005 by Lance Tokuda and Jia Shen. Our guest was Mo Koyfman of Spark Capital.  Trazzler.

uSamp Reports Growth

socalTECH

Lavin and Dusig's last firm, goZing, was successfully sold to Greenfield Online in 2005. READ MORE>>.

EA Mobile Targets Amazon's Kindle

socalTECH

EA Mobile came out of EA's acquisition of Los Angeles based Jamdat in 2005. No details on which titles would first appear on the Kindle.

Conatus Pharmaceuticals Buys Idun Pharmaceuticals

socalTECH

Idun has been acquired by Pfizer in 2005. who also was CEO of Idun Pharmaceuticals when it was acquired by Pfizer in 2005. San Diego-based Conatus Pharmaceuticals said Friday that it has acquired the Idun Pharmaceuticals subsidiary of Pfizer. Financial terms of the buy were not disclosed. The company is headed by Steven J. Mento, Ph.D.,

Amgen Names New CFO

socalTECH

According to Amgen, Peacock joins from Novartis Pharmaceuticals AG, where he was CFO and Administrative Officer since 2005, and also has served at McKinsey and COmpany and Price Waterhouse. Thousand Oaks-based biotech giant Amgen announced this morning that it has appointed Jonathan M. Peacock as Chief Financial Officer. Sharer. READ MORE>>.

Flipagram: Using Photos And Music To Create A Viral Machine, with Farhad Mohit

socalTECH

Farhad Mohit: As you know, Bizrate spawned Shopzilla, which took us from 2000 to 2005. That was between 2010 and 2012. Cheerful Inc.

NovaStor Shifts To Agoura

socalTECH

by Mike Andrews; the firm was acquired by Swiss firm Mount10 in 2005. Backup software developer NovaStor has shifted its U.S. headquarters from Simi Valley to Agoura Hills, the firm announced this morning. The firm said it outgrew its original location, and came along with new ownership and a 20 percent increase in its staff. READ MORE>>.

Connexity, Headed by FastClick's Dave Gross, Gets Seed Funding

socalTECH

Gross started and headed up FastClick, taking it to an IPO in 2005, and eventually selling the firm to ValueClick. Camarillo-based Connexity , a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seed funding round. Amount of the round was not announced. READ MORE>>.

Occam Expands Win At Ohio Telephone Firm

socalTECH

Wabash has been using Occam since 2005. Santa Barbara-based Occam Networks , a developer of broadband equipment for the telecom industry, reported this morning that it has expanded its deployment of equipment with Ohio telecom firm Wabash Mutual Telephone. Financial details of the additional deployment was not disclosed. READ MORE>>.

WD Shuffles COO, CFO

socalTECH

Taking his place as CFO, the company said Nickl has been the firm's VP of Finance since October of 2005. Lake Forest-based hard drive maker Western Digital announced Tuesday that it has named Tim Leyden as Chief Operating Officer of the firm, and Wolfgang Nickl named Senior Vice President and Chief Financial Officer at the company.

Does the Size of a VC Fund Matter?

Both Sides of the Table

– That’s a tough question that as of 2010 is a hard to know for certain. What is a VC fund? Why does vintage matter to you?

HireRight Acquires UK Firm

socalTECH

Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005. Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. READ MORE>>.

DexCom Names COO, CTO

socalTECH

Valdes was most recently the firm's Senior Vice President of Operations, and joined the firm in November of 2005. San Diego-based DexCom , a developer of continuous glucose monitoring systems, said today that it has named Steven R. Pacelli as its Chief Operating Officer, and Jorge Valdes as Chief Technology Officer.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Compared with 2010, the report found an increase of 296 percent over exits in 2010, when $2.6 The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. A new report released today tallies up $7.7

lynda.com Hires Content VP

socalTECH

Ninness was formerly Lynda.com's Director of COntent from 2005 to 2007, and has also served at Microsoft and Extensis. Carpinteria-based lynda.com , which operates an online training and education site for computer skills, announced Thurday that it has added Michael Ninness as the firm's Vice President of Content.

Surfware Gets Patent

socalTECH

Surfware co-founder Alan Diehl and Robert (Pat) Patterson are named as inventors on the patent, which the firm file back in April of 2005. Camarillo-based Surfware , a developer of computer aided manufacturing (CAM) software, said this week that it has received a patent on its technology. The firm said it was recently awarded U.S.

5 Reasons Why Businesses Still Love Microsoft

Tech Zulu Event

Every second, a copy of MS Office 2010 is sold, and a large number of those go towards corporate use. came out in 1985.

News 24

LowerMyBills' Coffin Joins Venture Firm

socalTECH

Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M. Matt Coffin , the founder of Los Angeles-based LowerMyBills and an active angel investor in Southern California, has joined venture capital firm Split Rock Partners as a Venture Advisor, the venture firm said this week.