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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.

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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. The firm said it has been profitable since July, and saw growth from IP-PBX, SIP Trunk, residential, and reseller customers. READ MORE>>.

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Freebinar Looks To Fill Webcasting Hole Left By DimDim

socalTECH

Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels. Freebinar told socalTECH today that it is looking to help users of Dimdim, which was just acquired by Salesforce.com and stopped allowing new user signups this week. READ MORE>>.

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XCast Labs Raises $2.7M

socalTECH

Los Angeles-based XCast Labs is announcing this morning that it has raised $2.7M in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels.

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XCast Labs Raises $2.4M

socalTECH

Los Angeles-based XCast Labs is announcing this morning that it has raised $2.4M in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels.

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FastSoft Raises $950K

socalTECH

Pasadena-based FastSoft , a developer of Internet acceleration appliances based on research out of Caltech, has raised $950K in a debt funding, according to a regulatory filing by the firm. The company's technology is based on research into optimizing the TCP/IP protocol. No details on the funding have been announced by the firm.

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XCast Labs Adds Videomail Support For Blackberry

socalTECH

Los Angeles-based XCast Labs , a developer of voice-over-IP technology and services, announced today that the firm has rolled out its IP video mail services to BlackBerry deviecs. The service is part of the company's software-as-a-service, IP-PBX and related offerings.

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