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Visa Completes Verifi Acquisition

socalTECH

Verifi's tools connect consumers, merchants, and others in the dispute management process before they become chargebacks, according to the companies. Verifi had been led by CEO Matthew Katz, and was founded in 2005. Visa said Verifi already serves more than 25,000 accounts. READ MORE>>.

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American Industrial Systems Sells Majority Stake To Foxconn

socalTECH

AIS was founded in 2005. Foxconn is a major, electronics contract manufacturer, and is known for being the manufacturing partner for Apple's iPhone--in addition to making thousands and thousands of other products for consumer electronics manufaturers. READ MORE>>.

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TrueCar's Painter To Step Down As CEO

socalTECH

Painter has been CEO of the company since he founded TrueCar in 2005. Painter has recently been battling issues with the auto industry and dealers, who have been unhappy with company's data sharing policies--as well as the company's focus on providing consumers with realistic, upfront pricing and price transparency. READ MORE>>.

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Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

socalTECH

Those apps provide push-like, user-friendly access to enterprise apps, much like employees are used to interacting with mobile consumer apps and alerts. ElNaggar was in Redpoint's LA offices from 2005 until 2011, and had stints on the boards of Machinima and Hark, among other companies.

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Brighter.com Dangles Free Braces In FamilyFinds Promo

socalTECH

In a unique offer from Los Angeles-based FamilyFinds.com , the family focused daily deals site, Santa Monica-based Brighter.com , the online dental care and referrals site, is dangling the chance for free braces --valued at up to $5,000--to consumers who enter a giveaway from the firms. READ MORE>>.

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How Frequency Wants To Bring You Internet Video, with Blair Harrison

socalTECH

Just before the holidays, we caught up with Blair Harrison , founder of Frequency (www.frequency.com), a personal video service which lets consumers watch video from the Internet on any of their devices. Blair Harrison: I sold iFilm to Viacom at the end of 2005, and got out of there at the beginning of 2008. What is Frequency?

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Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

Even then, it struggled through the 80’s and 90’s, until the advent of the iMac and consumer products. In 2005, Facebook still showed a yearly net loss of $3.63 Established in Cupertino, California in 1976, Apple really didn’t get on the map until the advent of the Macintosh in 1984, eight years later. In April, 1996, Yahoo!

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