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March Capital Backs Nifty Games In $3M Funding

socalTECH

Middleton, the founder and CEO of Nifty Games, previously served at such companies as Madefire, Pulse Entertainment, Mad Catz Interactive, and others, and was founder and CEO of Boom IN-Gme Music, which was acquired by LiveGamer in 2008. He also was founder of Massive In-Game Advertising (acquired by Microsoft in 2006), among other firms.

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Praying to the God of Valuation

Both Sides of the Table

Between 20062008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

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DexCom Names COO, CTO

socalTECH

Pacelli has been Chief Administrative Officer of the firm since December of 2008, and has been at the firm since April 2006. Pacelli as its Chief Operating Officer, and Jorge Valdes as Chief Technology Officer. He has also served at Stradling Yocca Carlson & Rauth, Axcelerant, and Flashcom.

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Layoffs Take Big Toll In California In 2009

socalTECH

Based on BLS numbers, the layoffs in 2009 were actually worse than in 2008, although the agency said that layoffs have been "rising steadily" since 2006. The BLS said that 2009 was the worst year since 2002 for California, the last time layoffs surpassed 500,000 employees. READ MORE>>.

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Southern California Leads In Green Businesses, Says Report

socalTECH

billion invested in cleantech venture capital in the state since 2006. In an assessment of the "green economy" jobs in California, the Next 10 report said that the Bay Area had 9,607 green jobs in 2008, compared with 9,370 green jobs in Los Angeles.

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Michael Jones Gets Exit At Thing Labs

socalTECH

Thing Labs was foundedin June of 2008, with funding from Jones, Polaris Venture Partners, SoftTech VC, and Jeff Clavier. This is at least the second time Jones has benefited from an AOL acquisition; his own startup, Userplane, was acquired by AOL in 2006.

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H2O Audio is Learning to Swim

SoCal Tech Calendar

By 2006, when it first presented at the MIT Enterprise Forum, it was heading into another phase of funding and growth with new products and marketing. By 2008, H2O Audio had hit the wall. Providing a patented way to successfully waterproof music for divers, it then moved into action water sports.