Both Sides of the Table
AUGUST 8, 2009
This is part of my ongoing series “Pitching a VC&# – the outline is here. You’ve pitched several angels and VC’s. Everybody seems to like you but nobody seems to be getting out their checkbooks. Most of them are telling you that they just need to see a bit of traction before they’d be prepared to [.]. Tags: Pitching VCs Start-up Advice startup technology vc venture capital.
socalTECH
AUGUST 10, 2009
Our interview this morning is with Babette Pepaj , CEO and founder of BakeSpace (www.bakespace.com), a local Los Angeles startup focused on social networking around food. We caught up with Babette to get the story behind the site, and how the site helped her escape from the world of reality television. What is BakeSpace? Babette Pepaj: BakeSpace is a food social network and recipe swap.
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SoCal Tech Calendar
AUGUST 14, 2009
Thursday, August 20, 2009 -- SDVG Summer Social. This year we're moving our summer event from the racetrack to the beachfront. Join us for an early-evening "Tropical Picnic in Paradise" at the brand new, beachfront, LEED-certified Scripps Seaside Forum at SIO in La Jolla. Enjoy warm sun and cool ocean breezes as you sip tropical drinks, nosh on Polynesian-themed hors d'oeuvres, watch professional hula dancers, and -- most importantly -- network and socialize with your fellow business cohorts fro
Jason Nazar
AUGUST 14, 2009
This month’s “Startups Uncensored” will be on “Legal Advice for Startups”. It will be an open and frank town-hall conversation talking about the legal questions that face start-ups and issues like incorporation, stock options, hiring employees, and much more. We are joined this month by David Young a Partner at DLA Piper. Mr. Young’s venture capital financing experience includes representation of companies and investors in well over 100 financings, constituting over $1 billion in aggregate pro
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Both Sides of the Table
AUGUST 8, 2009
This is part of my ongoing series “Pitching a VC&# – the outline is here. You’ve pitched several angels and VC’s. Everybody seems to like you but nobody seems to be getting out their checkbooks. Most of them are telling you that they just need to see a bit of traction before they’d be prepared to invest. Your friends and advisers tell you that this means you need revenue because in this economy VC’s will only fund businesses with revenue.
socalTECH
AUGUST 11, 2009
San Diego-based Covario , a provider of search engine marketing and SEO automation software, said Tuesday that the firm has launched a new services arm, focused on agency services. The firm said that it has created its own, SEO delivery team to compliment the firm's technology offerings. Covario's software automates much of the SEO work that traditional agencies have provided.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Daradiction
AUGUST 11, 2009
My pal David Kralik has a vison of a world that works, and offers practical, common sense ‘trans-party’ solutions. This is part of the “Google Talks&# Series that’s interesting to follow. David is lots of fun to hang out with too. He’s a man on a mission. Worth the hour. Click here to view the embedded video.
Both Sides of the Table
AUGUST 14, 2009
This is part of my ongoing series Pitching a VC. Last night I attended a DealMaker Media (whom I love because they always host such great discussions) panel on raising angel money moderated by Dan Gould and with panelists Rob Hayes (First Round Capital, more seed or A round than angel), Scot Sangster (with OrganicStartup and [.]. Tags: Pitching VCs Start-up Advice.
socalTECH
AUGUST 10, 2009
A report released today by online measurement service comScore is reporting that U.S. online retail spending was roughly flat from last year, totaling $30.2 billion, down about 1 percent versus the same quarter last year. The results were about the same as Q1, when ecommerce sales were also approximately the same as Q1 of 2008, but were better than the 3 percent drop online sites saw in Q4 of 2008.
SoCal Tech Calendar
AUGUST 12, 2009
Tuesday, August 18, 2009 -- Driving Efficiencies thru Outsourcing Partnerships. AccessEN. Speaker: Raj Krishnan, Industry VP, Fujitsu America. Many companies are hiring temporary and contract workers in the U.S. at a faster clip than they're sending jobs to India and other overseas locations. Raj will discuss the shift in companys mindsets in this economic downturn and how IT and Business Process outsourcing is playing a major role in helping firms achieve their financial objectives and drive
Jason Nazar
AUGUST 12, 2009
Today at Docstoc we announced the Launch of our DocStore , the premium marketplace to buy and sell professional content. Think of DocStore as the iTunes of Documents. We’ve launched with a number of amazing partners, including Legal Zoom. They’ve added all their Forms to our DocStore as our premium launch partner. Some notable points: * we offer a 100% money back guarantee on all documents in the DocStore. * the DocStore is showcasing our new Document Viewer (many more updates coming
Both Sides of the Table
AUGUST 14, 2009
This is part of my ongoing series Pitching a VC. Last night I attended a DealMaker Media (whom I love because they always host such great discussions) panel on raising angel money moderated by Dan Gould and with panelists Rob Hayes (First Round Capital, more seed or A round than angel), Scot Sangster (with OrganicStartup and the best spokesperson for Tech Coast Angels that I have met to date), Tom McInerney (TGM) and Jarl Mohn (who invests on his own “account&# and whose track record is tr
socalTECH
AUGUST 11, 2009
A patent lawsuit against educational software provider Blackboard , which was spawned by the acquisition of Sherman Oaks-based NTI Group last year, has been settled, according to Texas-based TechRadium. TechRadium, which had sued Blackboard in May after it acquired emergency messaging provider NTI Group for $182M, said that the two firms have agreed to cross-license several patents and patent applications.
SoCal Tech Calendar
AUGUST 12, 2009
Tuesday, August 18, 2009 -- Transforming Healthcare through Wireless Innovation. CONNECT. Right now scientists are developing nonand#8208;invasive sensors, which can be coupled with body area networks via smart phones to transmit patient data over the Internet and, have the potential to transform medicine as we know it. These Smart band-aids adhere to the skin, are typically disposable, and are inexpensive to produce.Dr.
Both Sides of the Table
AUGUST 10, 2009
How do your friends, colleagues or admirers find you on Twitter? One of the obvious ways is to click on “Find People&# on Twitter and search for your name. But one of the oversights for many people is that they list their Twitter handle as their name making them very hard to find in Twitter [.]. Tags: Social Media social networking Twitter.
Both Sides of the Table
AUGUST 10, 2009
How do your friends, colleagues or admirers find you on Twitter? One of the obvious ways is to click on “Find People&# on Twitter and search for your name. . But one of the oversights for many people is that they list their Twitter handle as their name making them very hard to find in Twitter Search. (e.g. if I listed msuster as my name rather than Mark Suster).
Both Sides of the Table
AUGUST 11, 2009
I run a monthly meeting called the VCA that represents the majority of Southern California venture capital firms. My goal is to bring in informative speakers who stretch our collectively thinking on topics that will influence our investment strategies and use it as a way for us to share our experiences in ways that I [.]. Tags: SoCal Stuff Start-up Advice VC Industry.
socalTECH
AUGUST 12, 2009
A consortium of Hollywood studios, including Disney, Paramount, Sony, Twentieth Century Fox, NBC Universal, Warner Brothers, and Viacom, has scored a preliminary injunction against RealNetworks in a DVD copying software case. According to a ruling handed down by the U.S. District Court for the Northern District of California Tuesday, it has issued a preliminary injunction against RealNetworks which prohibits the manufacturing and distribution of the firm's RealDVD software, which allowed PC user
socalTECH
AUGUST 13, 2009
Los Angeles-based Docufide , which develops systems for electronic transfer of school transcripts between high schools and colleges, said this week that it has inked a deal with the Center for Educational Performance and Information (CEPI). Docufide will provide its electronic transcript exchange system to CEPI, which serves Michigan's K-12 public schools and students.
socalTECH
AUGUST 12, 2009
Santa Monica-based Rubicon Project has signed a New York company, Katz 360 Sales, to give Katz access to its inventory of premium display ads, the firms announced today. Katz 360 Sales said it is using Rubicon Project's Internet advertising infrastructure to customize content and audience selections for its advertisers. Katz 360 Sales, the digital sales arm of Katz Media Group--which itself is a subsidiary of Clear Channel Communications--provides sales and marketing services to the broadcast in
socalTECH
AUGUST 12, 2009
Santa Barbara-based cloud computing software firm RightScale announced today that the firm is partnering with a number of other software providers to deliver business intelligence software on its cloud management platform. RightScale said it is unveiling the new product with Jaspersoft, Talend, and Vertica, which integrates technology from those firms for the business intelligence market.
socalTECH
AUGUST 11, 2009
Pasadena-based Whyville , the kids educational virtual world, has scored a deal to be included as a featured desktop icon on a new Dell laptop, Dell disclosed Tuesday afternoon. Dell said it is launching a new laptop along with children's cable network Nickelodeon, called the Dell Inspiron Mini Nickelodeon Edition. Among other kid-friendly features of the new laptop, Dell said it will include a desktop "animaticon" which links to educational content from Whyville.net.
socalTECH
AUGUST 10, 2009
Venture capital firm Domain Associates , which is based in San Diego and New Jersey, said Monday that it has closed a $500M fund focused on the life sciences industry. The firm said the fund, Domain Partners VIII, L.P., will continue to focus on early stage companies in the drug and device sectors. The new fund brings the company's lifetime funds under management to $2.7 billion.
socalTECH
AUGUST 13, 2009
The Department of Energy (DOE) said this week that it has awarded $377M in funding for 46, Energy Frontier Research Centers (EFRCs) focused on reducing dependence on imported oil and to curtail greenhouse gas emissions, including a center at the University of California, Santa Barbara , and one at the University of Southern California. The DOE said the awards--which were funded by the American Recovery and Reinvestment Act--includes $19M given to UCSB, which will go towards discovering an develo
socalTECH
AUGUST 12, 2009
A number of Southern California technology firms have nabbed top spots in the annual Inc. 500 list of the fastest-growing private companies in the US. San Diego-based MedVantx ranked at number 13 on the list; Woodland Hills-based ReachLocal was 39; San Diego-based BridgePoint Education was 50; Santa Monica-based International Checkout ranked at 61; Torrance-based Flipswap at 81; and Irvine-based ClinAssure was at 85.
socalTECH
AUGUST 13, 2009
One of the revelations in yesterday's Inc. 500 listing was that Woodland Hills-based ReachLocal , a venture backed provider of local online marketing services, hit $147M in revenues in 2008, up significantly from $4.4M in revenues of 2005. The revelation is the first public disclosure how much the firm's business has grown recently. The listing also revealed that the firm was up to 707 employees as of 2008; a spokesperson for the firm says that the company now actually is well over 800 employees
socalTECH
AUGUST 12, 2009
Irvine-based RFaxis , a semiconductor firm developing wireless RF products, said Wednesday that the firm's products have been selected by Taiwanese firm CeraMicro Technology Corp. The firm said that it will use RFaxis' front-end ICs as part of Zigbee and WLAN products. CeraMicro develops wireless modules for Zigbee, WLAN, and Bluetooth. RFaxis did not say what kind of volume it was expecting from the design win.
socalTECH
AUGUST 12, 2009
Santa Monica-based Rubicon Project has tapped a New York company, Katz 360 Sales, to sell premium display ads to advertisers, the firms announced today. Katz 360 Sales said it is using Rubicon Project's Internet advertising infrastructure to customize content and audience selections for its advertisers, across the 20,000 premium websites that Rubicon is enabling.
socalTECH
AUGUST 11, 2009
Calabasas-based Emergent Game Technologies , a provider of video game development tools, said this morning that it has integrated its Gamebryo LightSpeed product with 3D game animation firm Mixamo. The two firms said that LightSpeed developers will have access to Mixamo's new animation services through its products. The integration comes through LightSpeed's partner program.
socalTECH
AUGUST 11, 2009
Los Angeles-based Loudvine.com , a new, Web 2.0-style, online community site focused on music fans, said today that it is now live in Los Angeles, San Francisco, Orange County, and San Diego. The online site allows music fans to find bands, gigs, venues, and other information about local artists; the site also helps artists to promote their bands and events.
socalTECH
AUGUST 11, 2009
San Clemente-based MaMoCa , which develops motion capture technology for the animation and video game market, has been acquired by Motion Analysis Corporation, the firm's CEO, Gene Alexander, told socalTECH today. Alexander said that the all-stock acquisition will also make him a VP and General Manager at Motion Analysis, which is looking to integrate MaMoCa's markerless capture technology into its existing line of real-time marker system.
socalTECH
AUGUST 10, 2009
Pasadena-based MyShape.com , the women's fashion web site, has completely relaunched the firm's web site, the company said this morning. MyShape, which is headed by Louise Wannier, offers a web site which recommends women's fashion clothing depending on a woman's measurements and body type. The firm has re-tooled its measurement system, simplifying the system so that women do not have to enter all of their measurements to start using its system--instead, customers can just enter a few key measur
socalTECH
AUGUST 11, 2009
Los Angeles-based Spot Runner announced today that the firm has partnered with Yodle, an online advertising network, where Yodle will handle local online advertising services for Spot Runner's clients. According to the firms, Spot Runner said it is shifting the local advertising operations to Yodle to focus on its Malibu Media Platform. Spot Runner's Malibu Media Platform automates buying and selling TV and video advertising.
socalTECH
AUGUST 14, 2009
Escondido-based Datrix , a developer of portable devices for heart monitoring, has been acquired by medical devices firm IntriCon Corporation for approximately $2.5M. St. Paul, Minnesota-based IntriCon said the deal includes $1.225M in cash, a $1.05M subordinate note payable over three years, and 75,000 shares of its common stock. IntriCon said that Datrix has annual revenues of approximately $1.6M, and is profitable and cash flow positive.
socalTECH
AUGUST 14, 2009
Pasadena-based Desktop Factory , the Idealab startup working on low cost, 3D fabricators, told its users this week that it is shutting the firm and will be selling its intellectual property, as it has failed to secure funding for the firm. According to CEO Cathy Lewis, the firm--close to the last 30 days of cash at the firm--believes it has found interested buyers for the company, and expects to sell the firm within the next 30 days.
socalTECH
AUGUST 13, 2009
San Diego-based Qualcomm said Thursday that the firm disputes the claims in an order it received from the Japan Fair Trade Commission (JFTC) this week. The JFTC had claimed that Qualcomm's Japanese licensees were force to cross license patents to Qualcomm on a royalty-free basis, and that they were also forced to not exert patents against each other.
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