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


After operating in the shadows for the past 11 years, a San Diego neural technology company founded by former NASA administrator Dan Goldin is stepping into the light to introduce two commercial products intended to advance the frontier of human-machine interaction.

Shopzilla Sold To Symphony Technology Group


Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. The firms said that Symphony Technology Group would continue and accelerate the growth of Shopzilla. Scripps bought Shopzilla in 2005 for $525M. shopzilla symphony technology group merger acquisition comparison online shopping

Ostendo Raising Funds to Advance Virtual Reality Display Technology


Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 Ostendo declined my request to talk with CEO Hussein El-Ghoroury about the new funding and about the virtual reality display technology the company has been developing for over a decade. In recent years, however, the company seems to be more focused on advancing its virtual reality display technology.

Synthetic Genomics Creates Host Organism Optimized for Bio Industry


While recombinant DNA technology has revolutionized biomedical research, Synthetic Genomics said the pace of developing new biological drugs, bio-based chemicals, food, and other products are constrained by the relatively slow growth rate of E.

REACH | Disruptive Technologies Impacting the Future of Gaming [Live]

Tech Zulu Event

A quarterly event series seeking to dive deep into what comes next in technology, and giving you the opportunity to experience it first hand with the gadgets on site. 1 st Street Partners provides strategic management services to technology, entertainment and consumer goods companies.

WebVisible Acquires Adapt Technologies


Irvine-based WebVisible announced today that it has acquired Pasadena-based Adapt Technologies, a developer of search engine marketing tools. Adapt Technologies was venture backed by Concept2company, Emergence Capital Partners, and Mohr, Davidow Ventures; the firm had raised $9.8M in 2005. Financial terms of the acquisition were not disclosed. WebVisible is a provider of local online advertising services, which helps small and midsize businesses place search engine marketing.

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.

Enevate Gets $24M For Battery Technology


The firm says its technology "dramatically" increase energy density over conventional battery technology. The company said the funds will go to bring its first products to market and to accelerate commercialization of its technology. The new funding round comes over twelve years since its initial Series A funding, back in 2005, when the company spun out its technology from UC Irvine.

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. Although Google will be keeping much of the Motorola patent portfolio, Lenovo will receive license and access to such technological innovation.

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ELC Technologies Acquired By Pourzanjani, Rahmat


Kamran Pourzanjani , the former CEO and founder of, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. ELC is the firm behind startups RightScale, RightCart, and RightSignature, and also provides technology consulting and development to other companies. According to ELC Technologies, Rahmat takes the helm of ELC.

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


Digital transformation is how businesses use technology to change their value proposition to customers, which can be anything from a completely new business model, like you see with Airbnb, or how insurance companies are using telematics to charge insurance by the mile, to how companies are using tracking devices to help empower patient wellness and incorporate preventative care.

How to Avoid a Common Product Mistake Many Teams Make

Both Sides of the Table

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

TeleSign Gets Patent


Patent 7,945,034 for the technology behind its PhoneID verification technology. That technology provides information like phone type, geographic location, and other data as part of two-factor authentication processes. The patent was originally filed in October of 2005.

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

SoCal Tech Calendar

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. According to the company, it has developed "neural technology" which is aimed at altering how humans interact with machines, allowing computers, web and mobile apps, and devices to authenticate and understand the human voice.

Materia, BASF In Technology Licensing Deal


Pasadena-based Materia , the advanced chemical technology firm spun out of Caltech, said Tuesday that it has licensed its metathesis technology to specialty chemical firm BASF. According to Materia, BASF will use the technology in research and development of certain specialty chemicals. Materia's olefin metathesis catalyst technology has a very wide range of uses in the chemistry industry, and is based on reserach from Professor Robert Grubbs at Caltech.

SRS Labs Names Accounting Head


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. Oppegard was previously Corporate Controller at the company, and has been at the firm since 2005. READ MORE>>. labs executive accounting

Interview with Curtis Staker and William Goldbach, Confident Technologies


Last week, San Diego-based Confident Technologies ( announced that it had acquired the assets of Vidoop, and created a company focused on security and authentication of users. What does Confident Technologies do?

Microsoft Buys Telesign Competitor


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. 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.

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.

Report Tallies $7.7 Billion In SoCal IT Exits In 2011


The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. 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

TCVN names new Chairman and President

Tech Coast Venture Network

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. He is the founding Chairman of the Sheriff/Coroner’s Community Technology Advisory Council. Irvine-based Tech Coast Venture Network has named Ciaran Foley Chairman of the Board, replacing Bart Greenberg, who has been Chairman since August.


How Addroid Is Hoping To Solve The Ad Industry's Flash Problem, with Matt Cooper


All of digital advertising today uses Flash as a foundation technology. I started a company, Neoganda, in the digital advertising area in 2005. We decided we wanted to solve that problem, instead of waiting around to utilize some other technology invented by someone else.


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. You can get feedback almost instantaneously and the cost of iteration is as close to zero as technology will allow us to get.

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Interview with Steve Jillings, TeleSign


Steve Jillings has a long track record of running successful startups in Southern California, ranging from such companies as FrontBridge Technologies (sold to Microsoft in 2005 for over $200M) and Vantage Media (acquired in 2007). They started in January of 2005.

FastSpring Gets Funding From Pylon


The investment is the first, outside investment in the company since it was founded in 2005. FastSpring said that last year, its company revenue surpassed $95M; the firm has been ranked very highly in the last few years on the Deloitte & Touch Technology Fast 500, ranking #13 in North America in 2011.

TZ Presents 2013 Startup Forecast

Tech Zulu Event

Previously, Erik held leadership roles at, where he was the online sporting goods retailer’s first marketing employee, and at Accenture, where he advised Fortune 500 retail, communications, and consumer products clients on strategy, operations and technology engagements.

3D Printing Redux: How Idealab's New Matter Wants To Bring 3D To The Masses


I remember, telling my friends and family in 2005 that I was working on a 3D printer, and their eyes would glaze over. Only if I talked to another engineer, would they understand what the technology was about. It was very clear at that time, that the technology was on the trajectory of getting better and better, and the costs of the equipment were coming way down.

Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

He’s been at it since 2005. I founded it in 2005 at the age of 37. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#.

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


Funk initiated the study last fall to create an historical statistical analysis of the financial outcomes for the region's venture-backed information technology companies. Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999).

Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

We have strong theses in key technology areas. There was a meme that started going around LPs around 2005 that “I’m not sure LA is really its own venture market” and some LPs actually believed that. Many people are too cautious in sales processes and as a result when they present their solutions they end up sounding milquetoast and undifferentiated from anybody else in the market.

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Will Cyber Monday Make Black Friday Obsolete?

Tech Zulu Event

Cyber Monday was officially termed in 2005 by the National Retail Federation after 77% of online retailers reported a surge in spending on the Monday after Thanksgiving. Black Friday is an important holiday for retailers who see huge numbers of consumers shopping for the holiday season.

StoryBots And The Future of Learning,With Gregg Spiridellis, JibJab


It's a way for us to take advantage of technology and the Internet, not just for distributing our content to our audience, but also for workflow and production systems, to enable us to engage the best talent all over the world. Gregg Spiridellis: We were producing viral video hits in 2005.

TVSync’s Open API Uses Video and Audio Recognition Across All Four Screens

Tech Zulu Event

TVSync’s parent company Voible , has provided fingerprint protection technology to most major movie studios and TV networks since 2005. The open API gives developers access to the technology to create the next Shazam competitor or something far more interesting.

Why A Cellular Carrier Did Not Buy Skype - Watching A Big Dumb Company Fail In Real Time


billion caused me to recall an awkward meeting I had in 2005 with a particularly clueless group of cellular executives. Cool stuff for circa 2005, unless you were an idiot working for a cellular carrier. The recent purchase of Skype by Microsoft for $8.5

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Morphlabs Raises $5M


Damarillo is known for founding GlueCode, which he sold to IBM in 2005, Logicblaze, which he sold to Iona Technologies in 2007, and for founding Webtide, which was sold to Intalio in 2009. Manhattan Beach-based Morphlabs , the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round.

Gene Dolgoff's 3D Vision: Using Crowdfunding To Turn the World 3D


Gene Dolgoff: After years of research and development, we have developed technology which converts two dimensional video to 3D. It was a series of different technologies we had ot develop and apply for patents on, and now that we have it, we're working on a prototype.

Here are More Signs that LA Tech is Moving to the Next Level

Both Sides of the Table

This was 2005 when I had no exits under my belt, no blogs … nobody was looking. And he’ll be heading the Business & Technology Group. It is simply a stunning announcement of investment in this community and taking the future of the LA technology scene in a serious way that I haven’t seen in my five years since returning to LA (I lived here in the early 90′s as well).

Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002. Follow PandoDaily: Search. Main menu.

How Open Should a Startup CEO be with Staff?

Both Sides of the Table

We funded one in 2005 and lost a lot of money. Have the breakthrough technology. CEO transparency. It almost sounds uncontroversial. A CEO should tell her staff everything! Right? Right?!? Of course not.

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Interview Dan Dato and Bruce Brown, Upstart.LA


Then, Bruce and I met about four years ago, at a company called Evryx Technology/SnapNow, which was a mobile marketing/mobile search firm using visual recognition. I've invested in Thermark Technologies, I've invested in Evryx, where we worked together.