Tue.Oct 30, 2012

Disney Buys Lucasfilm

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Burbank-based The Walt Disney Company has acquired Lucasfilm Ltd. , the film company owned by George Lucas, in a deal worth $4.05 billion, Disney said Tuesday afternoon. Disney said it would pay stock and cash for Lucasfilm, with approximately half in cash and 40M in shares. Lucasfilm owns the rights to Star Wars. According to George Lucas, the move came as it was time to "pass Star Wars on to a new generation of filmmakers."

Storytelling and Startup Fundraising

Steve Reich

Every startup has an elevator pitch, but what comes next? Do potential investors’ eyes glaze over when you get beyond the quick, punchy one liner and try to REALLY describe your company? Successful fundraisers tell a complete, engaging story and close the deal. Last week, the WSJ ran a great article (add link) on the value of college humanities courses, and used comments from a successful entrepreneur to make their case.

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BeachFront Media Adds Windows 8 Support

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Burbank-based Beachfront Media , the firm which operates the MeFeedia video discovery site, has upgraded its tools and platform to support Windows 8. The firm said it now supports Windows 8 App creation, deployment, and management via its Beachfront Builder tool. Beachfront Builder is a tool which lets video producers, TV networks, and others create their own custom video applications; the tool is based on Beachfront Builder's work in creating the MeFeedia.

Tool 16

Gary Swart, CEO of oDesk:

SoCal Tech Calendar

Monday, November 5, 2012 -- Gary Swart, CEO of oDesk. SCV Meetup.

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Amonix Claims Solar Efficiency Record

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Seal Beach-based concentrating photovoltaic (CPV) solar power systems manufacturer Amonix claimed Tuesday that the firm has broken a record in the efficiency of converting sunlight into energy. Amonix said testing by the National Renewable Energy Laboratory (NREL) found that the firm's systems had an outdoor operating efficiency rating of 33.5%. That beats an earlier record by Amonix of 30.3 percent, the firm said.

BUZZMEDIA Revs Editorial Hires

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Los Angeles-based digital media publisher BUZZMEDIA looks to be revving up its hiring on the editorial end of its business, saying Tuesday that it has hired nine staffers across its sites Celebuzz, and SPIN. The firm said the expansion of its staff will further expand the brands.

Rexter Finds Funding To Help Professionals Manage Relationships

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A new, Altadena-based startup, Rexter , has scored some funding to help it build its software algorithms and tools to help manage a user's professional relationships. The company--co-founded by Andy Wilson (Momentum Venture Partners, Yahoo) and John Slade (Yahoo)--apparently recently raised a round which included Siemer Ventures. Other investors in the company have not been announced.

EdgeCast Expands Internationally

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Santa Monica-based content delivery network operator EdgeCast Networks said today that it has expanded its global network, opening up new point of presence (PoP) locations in Vienna, Austria, Stockholm, Sweden, and Sao Paulo, Brazil. The firm said the expansion comes to meet "surging" customer demand for its services. The firm said its network is now carrying 4 percent of worldwide Internet traffic.

EverySignal Officially Launches To Filter Out Important Moments

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Tired of missing the important moments in that firehose of social updates from your friends? EverySignal , the latest startup out of startup incubator/studio Science, Inc. officially launched today to tackle that problem. EverySignal said it has created a new service--built on machine learning algorithms and social search software--to help filter out life's most important moments from users' social streams.

RealD Gets Chinese Win

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Los Angeles-based 3D movie projection technology provider RealD said Monday that it has signed a deal with Chinese theater group Womei Theater Chain. RealD said it will install its technology on 100 screens across China. Financial impact of the deal was not announced. RealD said it has already started installing screens for Womei, and that installs are expected to continue over two years.

Nirvanix Offers To Shift Data Due To Hurricane

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San Diego-based online storage provider Nirvanix said Monday that it would shift customer data from its New Jersey data center for free, due to Hurricane Sandy. Nirvanix said customers currently storing data at that data center can shift that data to its other locations, on a temporary or full time basis, free of charge.

Reflexion Health Raises $4.25M

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San Diego-based Reflexion Health , a new startup using Microsoft's Kinect for physical therapy products, has raised $4.25M in a funding round, the company said this morning. Reflexion Health said the funding came from West Health Investment Fund, and that it has licensed West Health Institute's Kinect-based physical therapy software. Reflexion Health has also moved into West Health's business incubator.