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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. A new effort in Pasadena, called Innovate Pasadena (www.innovatepasadena.com), is looking to become a catalyst for innovation and entrepreneurship in Pasadena.

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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. The firm said it has been profitable since July, and saw growth from IP-PBX, SIP Trunk, residential, and reseller customers. The firm did not disclose financials.

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Freebinar Looks To Fill Webcasting Hole Left By DimDim

socalTECH

Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels. Freebinar told socalTECH today that it is looking to help users of Dimdim, which was just acquired by Salesforce.com and stopped allowing new user signups this week. READ MORE>>.

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XCast Labs Raises $2.7M

socalTECH

in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels. Tags: capital venture telecom voip labs xcast.

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XCast Labs Raises $2.4M

socalTECH

in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels. Tags: xcast labs voip telecom venture capital.

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FastSoft Raises $950K

socalTECH

Pasadena-based FastSoft , a developer of Internet acceleration appliances based on research out of Caltech, has raised $950K in a debt funding, according to a regulatory filing by the firm. The company's technology is based on research into optimizing the TCP/IP protocol. No details on the funding have been announced by the firm.

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XCast Labs Adds Videomail Support For Blackberry

socalTECH

Los Angeles-based XCast Labs , a developer of voice-over-IP technology and services, announced today that the firm has rolled out its IP video mail services to BlackBerry deviecs. The service is part of the company's software-as-a-service, IP-PBX and related offerings.

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