Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

When I started my second company in 2005 we decided to do everything differently. Today Factual announced that it raised $25 million from Andreessen Horowitz & Index Ventures.

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Why You Should Start a Company in. Los Angeles

SoCal Delicious

Los Angeles By: Laura Rich February 26, 2010 It used to be, if you were serious about starting a tech company, you went to Silicon Valley. And thats not even counting MySpace, which Rupert Murdoch famously paid $580 million for in 2005. RSS ); Why You Should Start a Company in.

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Top 29 Startup Posts May 2010

SoCal CTO

Continuing my series of posts that I’ve been collecting that live at the intersection of Startups and being a Startup CTO : Startup CTO Top 30 Posts for April 16 Great Startup Posts from March here are the top posts from May 2010. Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. MongoDB at Etsy - Code as Craft , May 19, 2010 Hi!

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Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

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Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), Rent.com ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999). According to Redpoint's Martin, 2010 might be a strong year for exits, with a number of venture capital-backed, Southern California firms currently filed for initial public offerings.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

Although this option was not attractive to the management team, it was a viable alternative circa 2005 and it would have allowed our institutional investors to liquidate their investments.

Interview with Taher Scherzay, FavRav

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One of the previous companies I worked on we sold to Microsoft in 2005, and I then spent some time at Microsoft to get that company integrated. For today's profile, we decided to talk with Taher Scherzay , Founder of FavRav (www.FavRav.com), a Los Angeles-based firm which has created a Facebook application to help small businesses find customers through social media, and also allow consumers to better tap the referral network of their friends.

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.

Tech Coast Angels See 42x Return At MindBody

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TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment. Although TCA members saw an excellent return on investment in MindBody, the 42x return still does not trump the 100x return the TCA's members scored in their investment in another portfolio company, Green Dot, back in 2010.

Public and Open Debate is the Highest Form of Democracy (and Blogging)

Both Sides of the Table

I started blogging in 2005 and then re-started blogging about a year ago. I lived in the UK for nearly a decade. I loved my experience there and wish I got back more often now. As a political junkie one of my favorite things to do was to watch Question Time.

United Sample Becomes uSamp

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Dusig and Lavin started United Sample in 2008, a few years after selling goZing to Greenfield Online in 2005. Encino-based United Sample , the online polling and sampling firm headed by former goZing founders Matt Dusig and Gregg Lavin , has renamed itself uSamp , the firm said Tuesday.

uSamp Reports Growth

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Lavin and Dusig's last firm, goZing, was successfully sold to Greenfield Online in 2005. Encino-based uSamp , the online sampling and survey firm run by Gregg Lavin and Matt Dusig, reported over the weekend that it had revenue growth over over 167 percent.

EA Mobile Targets Amazon's Kindle

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EA Mobile came out of EA's acquisition of Los Angeles based Jamdat in 2005. Los Angeles-based EA Mobile , the mobile game publishing arm of Electronic Arts, has set its sights on a new platform for its mobile games: Amazon's Kindle.

DexCom Board Member Departs

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Lucas is Founding Managing Member at RWI Group, which was an investor in DexCom before the firm's IPO in 2005. San Diego-based DexCom , a developer of continuous glucose monitoring systems, said Monday afternoon that Donald A. Lucas has resigned from the firm's board of directors. Dexcom President and CEO Terry Gregg said in a statement that Don's committment to the firm "far exceeded that of a typical venture capital investor.".

Conatus Pharmaceuticals Buys Idun Pharmaceuticals

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Idun has been acquired by Pfizer in 2005. who also was CEO of Idun Pharmaceuticals when it was acquired by Pfizer in 2005. San Diego-based Conatus Pharmaceuticals said Friday that it has acquired the Idun Pharmaceuticals subsidiary of Pfizer. Financial terms of the buy were not disclosed. According to Conatus Pharmaceuticals, it is focused on developing drugs for the liver disease and oncology market, and is led by the former management of Idun Pharmaceuticals.

Amgen Names New CFO

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According to Amgen, Peacock joins from Novartis Pharmaceuticals AG, where he was CFO and Administrative Officer since 2005, and also has served at McKinsey and COmpany and Price Waterhouse. Thousand Oaks-based biotech giant Amgen announced this morning that it has appointed Jonathan M. Peacock as Chief Financial Officer. Peacock replaces Michael A. Kelly, who has been acting CFO since May.

NovaStor Shifts To Agoura

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by Mike Andrews; the firm was acquired by Swiss firm Mount10 in 2005. Backup software developer NovaStor has shifted its U.S. headquarters from Simi Valley to Agoura Hills, the firm announced this morning. The firm said it outgrew its original location, and came along with new ownership and a 20 percent increase in its staff. NovaStor is managed by here in the U.S. READ MORE>>.

Connexity, Headed by FastClick's Dave Gross, Gets Seed Funding

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Gross started and headed up FastClick, taking it to an IPO in 2005, and eventually selling the firm to ValueClick. Camarillo-based Connexity , a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seed funding round. Amount of the round was not announced. The funding round came from Persistence Partners, which is also headed by Gross.

SAIL Venture Partners Boosts Ice Energy

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SAIL focuses all of its investments on clean energy related companies, and first invested in Ice Energy back in 2005. Costa Mesa-based clean technology investor SAIL Venture Partners has boosted a maker of energy storage technology, as part of a big round for Ice Energy.

Occam Expands Win At Ohio Telephone Firm

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Wabash has been using Occam since 2005. Santa Barbara-based Occam Networks , a developer of broadband equipment for the telecom industry, reported this morning that it has expanded its deployment of equipment with Ohio telecom firm Wabash Mutual Telephone. Occam said that Wabash, which had already been deploying its ADSL2Plus equipment, is expanding its deployment of its FTTP equipment. Financial details of the additional deployment was not disclosed.

WD Shuffles COO, CFO

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Taking his place as CFO, the company said Nickl has been the firm's VP of Finance since October of 2005. Lake Forest-based hard drive maker Western Digital announced Tuesday that it has named Tim Leyden as Chief Operating Officer of the firm, and Wolfgang Nickl named Senior Vice President and Chief Financial Officer at the company. Leyden has been at WD for more than 20 years, and was most recently EVP and CFO of the firm.

This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

Spark Capital is relatively new to VC (founded in 2005) yet has become one of the hottest new VCs having invested in Twitter, Tumblr, AdMeld, Boxee, KickApps and many more companies. RockYou (US) was founded in Redwood City in November 2005 by Lance Tokuda and Jia Shen.

The Convergence of Social Media & Traditional Radio

Eric Greenspan

As I prepare for my role as emcee in June for Convergence 2010 , I began to look back at how I got involved in radio. I didn’t know what I was getting into when I started buying live endorsement radio ads back in 2005.

HireRight Acquires UK Firm

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Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005. Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. FInancial terms of the deal were not disclosed.

DexCom Names COO, CTO

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Valdes was most recently the firm's Senior Vice President of Operations, and joined the firm in November of 2005. San Diego-based DexCom , a developer of continuous glucose monitoring systems, said today that it has named Steven R. Pacelli as its Chief Operating Officer, and Jorge Valdes as Chief Technology Officer. Pacelli has been Chief Administrative Officer of the firm since December of 2008, and has been at the firm since April 2006.

lynda.com Hires Content VP

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Ninness was formerly Lynda.com's Director of COntent from 2005 to 2007, and has also served at Microsoft and Extensis. Carpinteria-based lynda.com , which operates an online training and education site for computer skills, announced Thurday that it has added Michael Ninness as the firm's Vice President of Content. Ninness re-joins the company from Adobe, where he was a Group Product Manager.

Surfware Gets Patent

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Surfware co-founder Alan Diehl and Robert (Pat) Patterson are named as inventors on the patent, which the firm file back in April of 2005. Camarillo-based Surfware , a developer of computer aided manufacturing (CAM) software, said this week that it has received a patent on its technology. The firm said it was recently awarded U.S. patent number 7,577,490 for its Engagement Milling technology, which covers the firm's TRUEmill CAM technology.

Report Tallies $7.7 Billion In SoCal IT Exits In 2011

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Compared with 2010, the report found an increase of 296 percent over exits in 2010, when $2.6 The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. A new report released today tallies up $7.7 billion in IT exits in 2011, the highest since 2000, for Southern California IT firms.

LowerMyBills' Coffin Joins Venture Firm

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Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M. Matt Coffin , the founder of Los Angeles-based LowerMyBills and an active angel investor in Southern California, has joined venture capital firm Split Rock Partners as a Venture Advisor, the venture firm said this week.

ValueClick Sells Web Clients Business

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ValueClick acquired its Web Clients business in 2005 for approximately $141M. Westlake Village-based web advertising firm ValueClick said late Monday that it has divested its Web Clients promotional lead generation business. According to the firm, the deal was worth $45M, in the form of a five year note with an interest rate of five percent. Name of the buyer was not disclosed. ValueClick said the move is part of a strategy to grow its core online marketing services and technology.

MaestroDev Names President

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Damarillo sold Gluecode in 2005 to IBM. Manhattan Beach-based MaestroDev , the developer of private cloud computing software, has officially named Doug Dennington as the firm's new President. Dennington was most recently Director, Open Source Sales at Progress Software and IONA Technologies, and was also a member of the founding team at Simula Labs, LogicBlaze, and Gluecode.

The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. By 2005 I had moved back to the US and we started hiring US employees (The first two employees we hired had both grown up in India!

This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

has demonstrated both high user engagement and better than average conversion rates of 1%-3.5% (versus 0.05% for traditional display advertising) for February 2010. Criteo was founded in 2005 in France; now based in Palo Alto, CA.

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Morphlabs Raises $5.5M

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Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been starting up firms whose basis is open source software. El Segundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M in a Series B financing round. The round was led by Global Gateway Investment Group (G2iG), and also includes Frontera Group LLC, CSK Venture Capital Co. and AO Capital Partners Ltd.