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San Diego’s KnuEdge, Stealthy Since 2005, Unveils Neural Tech


In a statement released yesterday, Goldin said the company founded in 2005 as Intellisis and now known as KnuEdge set out “to create technologies that will in essence alter how humans interact with machines, and enable next-generation computing capabilities.”

Gottlieb Reportedly On Tap to Lead FDA, and Biopharma Exhales


The 44-year-old Gottlieb is a physician, a venture partner at New Enterprise Associates, and was also the deputy commissioner of medical and scientific affairs at the FDA between 2005 and 2007, during George W.

Verizon Digital Media Acquires Volicon


Volicon was based in Massachusetts, and had been founded in 2005. Los Angeles-based content delivery network provider Verizon Digital Media Services --which is better known to locals as the former operations of EdgeCast--said it has agreed to acquire Volicon , a provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. Financial terms of the acquisition were not disclosed.

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Wpromote Buys Standing Dog For Digital Marketing Efforts


Standing Dog was founded in 2005, and was based in Texas. El Segundo-based digital marketing company Wpromote said on Tuesday that it has acquired online marketing agency Standing Dog , which provides search engine marketing, SEO, social media and paid media services. Financial terms of the acquisition were not disclosed. Wpromote says it has hired on senior management and more than 70 employees from Standing Dog, which will help boost the company's annual run rate to $35M this year.

SOA Software Becomes Akana


The name change is actually the second for the company, which changed its name to SOA Software in March of 2005 from its original name, Digital Evolution. Los Angeles-based SOA Software said this morning that it has renamed the company to Akana , as it has broadened its software base.

Shopzilla Sold To Symphony Technology Group


Scripps bought Shopzilla in 2005 for $525M. Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. Scripps said that Symphony will pay $165M to acquire all of the outstanding shares of Shopzilla, made up of $150M in cash plus $16M in deferred payments. The firms said that Symphony Technology Group would continue and accelerate the growth of Shopzilla.

Connexity Gets $2M In Credit Line


Gross was the co-founder of Fastclick, which he took IPO in 2005, and was eventually sold to ValueClick. Ventura-based Connexity , a developer of Internet advertising and targeting technology, announced today that it has secured $2M in a debt financing. The financing came from Silicon Valley Bank. Connexity said the line will go towards additional working capital, to accelerate its growth.

How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

Let me take you back just 10 years ago to 2005 in Silicon Valley where I returned after 11 years of living in Europe. But back in 2005 there were a few people who spotted the trend before others and one of the true pioneers was (and continues to be) Jeff Clavier who founded SoftTech VC.

FamilyFinds Launches DailyFinds Email


Matt Coffin sold his last firm,, to Experian back in 2005 for over $330M.

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Synthetic Genomics Creates Host Organism Optimized for Bio Industry


Privately held Synthetic Genomics was founded in 2005 by the human genome pioneer J. Names New COO


Sawtell was SVP and GM of the firm's Sales and Advertiser Services business unit, and also has been President and COO from 2000 to 2005. Irvine-based , the online local search publisher, said Wednesday that it has named Michael Sawtell as the firm's Chief Operating Officer.

Google Shuts Urchin, Other Services


Internet giant Google said Friday that it will be shutting down web analytics service Urchin , the onetime San Diego startup which had been acquired by Google in April of 2005. According to a post from Urchin co-founder Paul Muret, the shutdown comes as the software has been overtaken by Google Analytics, which had originally started as an online version of the Urchin software.

HQ.0 | Inside

Tech Zulu Event

Created in 2005, Stickam is the pioneer of the live interactive video streaming space. In the final installment of the never before seen HQ.0 episodes we present local Southern California company Visit TechZulu for full story. Arts & Entertainment Business Culture HQ.0 New Media Social News Video Live streaming Stickam

Frequency Inks Video News Deal With Newsy


Harrison previously founded FasTV, and headed up iFILM, which he sold to Viacom back in 2005. Los Angeles-based video streaming app and video distribution service Frequency , which is led by Blair Harrison, said today that it has inked a video news deal with millenial-focused video news service Newsy. Financial details of the content licensing deal were not disclosed. Frequency aggregates and distributes video content to mobile and other devices.

Former NASA Chief Sees Coming “Tidal Wave” in Machine Intelligence


Dan Goldin founded KnuEdge (initially known as Intellisus) in 2005 to realize his vision for neural-based computing—and to fundamentally transform the way humans interact with machines. As he puts it, “a tidal wave is coming. It’s going to be bigger than the Internet. It looks and feels like the early ‘90s—but better.”

Lenovo Purchase of Motorola Mobility from Google for $2.91 billion

Tech Zulu Event

In 2005, Lenovo first burst onto the scene by acquiring IBM’s PC line, namely the brand recognition of the Thinkpad line. Last week, they announced the acquisition of IBM’s x86 server business for approximately $2.3 billion.

Idealab Boosts Team


Steuer was most recently CEO of MerchEngines, which he founded in 2005; he also has served at MusicNet (acquired by Real Networks), CNET (acquired by CBS), Infoseek (acquired by Disney), (acquired by NBC), and ZeroDegrees (acquired by IAC). Pasadena-based Idealab , the startup business incubator founded by Bill Gross, announced this morning that it has added Andy Steuer to its team.

Cheers Looks to Spread Love Around the World


Mohit sold Shopzilla in 2005 for $569M. Farhad Mohit , the founder of and Shopzilla , has launched a new startup, which is--quite literally--looking to spread cheer throughout the world.

Local Corporation Names Sawtell President


Sawtell is a vet, having been president and COO of the firm between 2000 and 2005. Irvine-based Local Corporation , the online local advertising and directory publisher, said this morning that it has promoted Chief Operating Officer Michael Sawtell, to President and COO.

BAE Systems Sells Ceramics Facilities In Vista


Those facilities had been acquired by BAE Systems in June of 2005, through its acquisition of United Defense, Inc. BAE Systems has sold its advanced ceramics facilities in Vista, California, to ceramics manufacturer CoorsTek , the firms said Thursday. Financial terms of the sale were not disclosed. According to the two companies, CoorsTek has acquired three facilities in Vista, totaling 106,000 square feet.

Snapchat Message Linked To Teen Murder


Most notably, MySpace faced several high profile cases in 2005 and 2006 where predators had used the service to find underage victims. Venice-based instant messaging app developer Snapchat is at the center of a murder investigation in Mount Pleasant, South Carolina, after a teen allegedly stabbed and killed his girlfriend over a message sent via the service. According to reports, Matthew Joseph Fischer, 16, was angry over a message sent by Lucas Cavanaugh, 17.

How to Avoid a Common Product Mistake Many Teams Make

Both Sides of the Table

We built our product at Koral in 2005 with this design philosophy in mind. I’ve been involved with technology product design in one form or another for nearly 25 years and seen one mistake consistently repeated.

Tech Coast Angels See 42x Return At MindBody


TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment. The Tech Coast Angels , Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody , the developer of cloud-based business management software for the wellness industry. MindBody had its IPO in May.

FamilyFinds Buys Chicago Daily Deals Site

socalTECH is focusing in on deals on services and experiences for families, and is the latest venture for Matt Coffin, who sold his last firm,, to Experian back in 2005 for over $330M. Los Angeles-based , the daily coupon and deals site run by Matt Coffin, said today that it has acquired Mamaloot , an online daily deal site located in Chicago. Mamaloot was started by two mothers, Bo Johnson and Lindsay Cohen, who met while working at Orbitz.

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SRS Labs Names Accounting Head


Oppegard was previously Corporate Controller at the company, and has been at the firm since 2005. Santa Ana-based SRS Labs , the developer of surround sound and other audio technology, said this morning that it has named Maria Oppegard its Chief Accounting Officer. READ MORE>>. labs executive accounting

How Liferay Grew To More Than $100M After Starting In A Church Basement


The people who started with us in 2005 and 2006 are still with us, and there is a lot of longevity in the company, and familiarity and teamwork that comes from working together for so long that you don't find at other companies. Diamond Bar-based LifeRay ( is a company that not too many people have heard of, but which is used to run the websites for such well known organizations like Toyota, T-Mobile, Coach, Fujitsu, Allianz, and Sesame Street.

TeleSign Gets Patent


The patent was originally filed in October of 2005. Los Angeles-based TeleSign , the provider of phone-based authentication and verification services which is headed by former FrontBridge and Vantage Media CEO Steve Jillings, said today that it has scored a U.S. Patent. According to the firm, it was awarded U.S. Patent 7,945,034 for the technology behind its PhoneID verification technology.

KnuEdge, Backed By $100M, Launches Voice Recognition Software

SoCal Tech Calendar

Goldin became head of NASA in 1992, and started KnuEdge in 2005; he also spent 25 years at TRW, and had started his career at NASA in 1962. San Diego-based KnuEdge , a startup which was founded by former NASA administrator Dan Goldin, said this morning that it has unveiled its voice recognition and authentication technology--which it has developed with $100M in funding.

Google Follows MP3tunes With Music Locker Service


MP3Tunes--one of the many companies founded by Michael Robertson, who was founder of been around since 2005. Mountain View-based Google has followed the lead of San Diego-based MP3tunes , and debuted its own "music locker" service today at its Google I/O developer conference.

What Jonah @Peretti, CEO of BuzzFeed, Sees in the Future of Digital Media

Both Sides of the Table

Around 2001 Jonah was studying at MIT Media Lab and began running experiments in viral stories in an era before smart phones (2007) and before social networks took off (2004–2007) and before YouTube (2005). BuzzFeed.

MindTouch Picks Up $12M For Customer Self Service Software


MindTouch, which was founded by Steve Bjorg and Aaron Fulkerson back in 2005, said the funding will go to increase its integration with software such as Salesforce, SAP, and Oracle, and grow its marketing, business development, sales, and engineering teams. San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding.

Microsoft Buys Telesign Competitor


Jillings sold one of his last companies, FrontBridge, to Microsoft back in 2005. Microsoft has just acquired PhoneFactor , a competitor of Los Angeles-based, two-factor authentication provider TeleSign. Microsoft said it is buying PhoneFactor, which provides phone-based multi-factor authentication, and will be integrating that technology with key Microsoft technologies like Active Directory, Windows Azure Active Directory and Office 365.

Sonos Hits One Million Rooms


Sonos started shipping its systems in 2005. Santa Barbara-based Sonos , the maker of user-friendly, wireless music systems, reports this morning that it has now deployed its systems into more than one million rooms. The company develops wireless music systems which can stream audio from a PC or the Internet to multiple rooms, and can easily be controlled using a controller, iPhone, iPad, or Android. READ MORE>>. sonos internet streaming music wireless electronics

Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS


According to Wardog, “We registered the domain on October 21, 2005, before the sport was even referred to as ‘standup paddle surfing.’” A version of this article previously appeared in Forbes.

Beware of Ballers on a Budget

Both Sides of the Table

I still drive the same car I bought for cash in 2005. The other day I was at a Mercedes dealership. Unfortunately my wife was hit head on in December by a woman who lost control of her car. It was time to get a new car and my wife’s requirements were: The safest thing on the road.

Steve Blank Discusses The Origin And Future Of The Lean Startup Movement


He is credited with pioneering the Lean Startup Movement in 2005 via the publication of his bestselling, Four Steps To The Epiphany. Article first published as Steve Blank Discusses Origin And Future Of Lean Startup Movement on Technorati.

Move Redeems Stock For Elevation


Elevation Partners took its initial stake in Move Networks in November of 2005. Move, Inc. , the operator of real estate sites and, said Thursday that it has reached an agreement to redeem $70M in Series B preferred stock owned by Elevation Partners. The firm, which is based in Northern California but has major operations in Thousand Oaks, said that Elevation will continue to hold $50M in Series B preferred stock in the firm.

After 20 years: Updating the Berkus Method of valuation


In 2005, Alan McCann created a graphic representation of the Method: Note that Allan changed the title of the risks from technology-execution-market-production to investment-marketing-execution-development. Well, it had to happen.

Kerri Pollard Discloses Commission Junction’s Secret Weapon: Humble Confidence And A Healthy Dose Of Passionate Conviction


Over the course of 2004 and 2005, we actually merged Be Free and Commission Junction together. . This article originally appeared on Forbes HERE. Kerri Pollard, President of Commission Junction shared her entrepreneurial insights as part of UC Santa Barbara’s Distinguished Lecture Series.

TCVN names new Chairman and President

Tech Coast Venture Network

Irvine-based Tech Coast Venture Network has named Ciaran Foley Chairman of the Board, replacing Bart Greenberg, who has been Chairman since August. Kevin McDonald is the new TCVN President, a position Foley held for the past year and Greenberg held before that. TCVN, a nonprofit technology group, was founded in 1984 to educate and assist entrepreneurs and emerging growth companies in Orange County and to connect them with money, advice and other resources to help their businesses grow.