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TrueCar Buys Automotive Information Firm ALG

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Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

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RightSignature Takes VentureNet Prize

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Santa Barbara-based RightSignature , online, software-as-a-service for collecting electronic signatures, took "Best of Show" at VentureNet Wednesday, after a day of presentations by thirteen Southern California startups. socalTECH.com was a media sponsor of the event. socalTECH.com was a media sponsor of the event.

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Los Angeles Fast 500 Winners Announced

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The highest ranking firms on the overall Technology Fast 500 from the area were Santa Barbara-based FastSpring , a developer of software e-commerce tools headed by Dan Engel , which was ranked at number 13 nationally with 17,468% revenue growth from 2006 to 2010.

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Forbes Midas List Skips SoCal, Again

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The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list.

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Los Angeles Stacks Up Inc. 500 Firms

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Los Angeles based Savings.com was 135, with 2,077% growth; San Diego's ServiceNow was 260 at 1,240% growth; and Santa Monica's TrueCar was 480, with 721% growth in the last three years.

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SoCal Firms Make Inc 500

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in revenues), TrueCar at number 209 (1,407%, $16.6M), RealD at 347 (843%, $149.8M), and San Diego's Covario , at number 420 with 704 percent growth and $15.3M Other interesting firms on the list included Pasadena-based Central Desktop at number 180 (1,569%, $2.6M in revenues.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

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Daryl Bernstein , RightSignature (Santa Barbara, software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Holden Steinberg , Pagewoo (Santa Monica, advertising). Thorsten von Eicken , Rightscale (Santa Barbara, cloud computing).