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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is known for its cloud computing applications development, and Ruby On Rails development. Pourzanjani founded PriceGrabber and sold it to Experian in 2005 for $485M, and is among one of the active angel investors in Los Angeles. Financial terms of the deal were not disclosed. He currently heads up BestCovery.com.

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How Kazuhm Is Reconnecting The Enterprise Cloud, With Tim O'Neal

socalTECH

I also spend a chunk of my career in software development, working on enterprise applications. I have been lucky to have been around both parts of corporate IT and application development teams, and on the infrastructure side. How has the startup experience been for you versus Intuit? That was a very different experience.

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Interview with Kanaan Jemili, uCast Global

socalTECH

In 2004 and 2005, I was at DivX in San Diego, and I was head of product there. What we offer is really easy, and it takes 30 days, maybe only a few weeks to get up and running. Whats your background, and how did you get into this? Kanaan Jemili: I have been in Southern California for more than 18 years. I had built an audio company before.

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It’s Morning in Venture Capital

Both Sides of the Table

LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. When you look at the developing world this is the majority of users (due to lack of landline infrastructure) and it portends future opportunities in payments, entertainment, application development and services.