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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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Zag Raises $11.1M More

socalTECH

Source and details on the funding have not yet been announced by the company. The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. Zag said in March that it had sold 100,000 cars, and has been profitable since August of 2009. READ MORE>>.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Company still in beta. Founded in 2009 in Los Angeles by Michelle Crames.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Self-reported 60mm daily unique as of Dec 2009, games played by 250mm people a month (AppData). Current round: $5.0mm in Series A by NEA and Anthem Venture Partners. Maintains a “Trusted Directory” of TRUSTe certified companies. Pincus said FrontierVille is most successful launch (1mm+ daily users in < 1 week).