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San Diego’s KnuEdge, Stealthy Since 2005, Unveils Neural Tech

Xconomy

In a statement released yesterday, Goldin said the company founded in 2005 as Intellisis and now known as KnuEdge set out “to create technologies that will in essence alter how humans interact with machines, and enable next-generation computing capabilities.”

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With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

Lots of firms are now talking about this pretty actively.”. Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown significantly. We see more activity there from the traditional East Coast and West Coast firms.”. “People who were investors thought, ‘Why would you do this?

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Microsoft Buys Telesign Competitor

socalTECH

Microsoft said it is buying PhoneFactor, which provides phone-based multi-factor authentication, and will be integrating that technology with key Microsoft technologies like Active Directory, Windows Azure Active Directory and Office 365. Jillings sold one of his last companies, FrontBridge, to Microsoft back in 2005.

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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 known for its cloud computing applications development, and Ruby On Rails development. He currently heads up BestCovery.com.

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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.

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LowerMyBills' Coffin Joins Venture Firm

socalTECH

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. Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M.

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EA Mobile Targets Amazon's Kindle

socalTECH

According to Amazon.com, it is launching an effort to allow developers to create their own, active content on the electronic reader, including games, Internet-linked content, word games, and puzzles. EA Mobile came out of EA's acquisition of Los Angeles based Jamdat in 2005. READ MORE>>.