Wed.Mar 28, 2012

Punchcard Links With Pasadena Chamber of Commerce


Pasadena-based Punchcard , the startup headed by Andy Steuer which is developing mobile applications to enable local businesses to run punchcard-based loyalty programs, said today that it has linked with the Pasadena CHamber of COmmerce to enable local Pasadena businesses to use its service. The startup--which is backed by Idealab--said the effort will help Pasadena area merchants increase revenues and help communicate and reward customers of their businesses.

Gridtest Systems Secures Investment from Pasadena Angels and Tech Coast Angels

Ask the Angels

Pioneer of test and measurement systems for electric vehicle charging systems prepares to roll out technology that enables R&D labs and installers of charging systems to reduce time to market. Los Angeles, CA (PRWEB) March 20, 2012 – [link]. Gridtest Systems Inc., an independent provider of high-value test and measurement tools for electric vehicle (EV) charging , announced it has closed a seed investment round with Pasadena Angels and Tech Coast Angels.

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FindTheBest Partners With SeatGeek


Looking to connect its users with concerts, sports, and entertainment events, Santa Barbara-based FindTheBest , the comparisons startup headed by Kevin O'Connor, the former founder of DoubleCLick, said Tuesday that it has partnered with seat search engine SeatGeek. According to FindTheBest, it has relaunched its Ticket comparison service, allowing users to find, filter, and compare events by event name, venue, location, and other information.

Cleantech Open

SoCal Tech Calendar

Thursday, March 29, 2012 -- Cleantech Open. Join us for an introduction to the Cleantech Open, the world's largest cleantech accelerator. You will learn about our annual Business Competition, an opportunity to accelerate your cleantech startup with expert training, national visibility and up to $250,000 of cash and services. Beyond great networking, the event will include a brief presentation about how you can get involved as a volunteer, mentor, judge or more. See

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Clean Technology Council

SoCal Tech Calendar

Tuesday, April 3, 2012 -- Clean Technology Council. Is California Ready for Community Solar Gardens? Our keynote speaker is Wally Geer, President of Greymar Assoc. When consumers turn to any form of media, they will see articles on how to reduce the cost of their energy bill. Community Solar Gardens is a new buzz word. Information ranges from solid cost effective tips to outlandish claims of cutting energy bills in half using certain products and services.

DFJ Frontier Gets Exit At ClearAccess


Los Angeles- and Santa Barbara-based DFJ Frontier , the venture capital firm founded by David Cremin and Scott Lenet, has scored an exit at one of its portfolio firms, ClearAccess. According to networking giant Cisco , it has acquired ClearAccess to bolster its network management capabilities for the service provider market. Financial details of the buy were not disclosed. ClearAccess was based in Vancouver, Washington, and was managed by DFJ Frontier's Jim Schraith.

Set Achievable Goals; You’ll Win

Frank Addante

Here’s why, if you want to get to $500 million, you should set your goal at $450 million. I have a non-standard philosophy on goal setting. I believe that if you hire the right people (winners), they naturally want to succeed. Goals themselves are not motivators. Goals are a tool to help winners measure, improve, and adjust their course and then, upon achievement, celebrate their wins.

Nami Media Grows Operations


Los Angeles-based Nami Media , which provides online marketing technology aimed at the pay-per-click (PPC) market, said today that it has doubled its staff, and has moved to a new, larger facility in order to accommodate expected growth this year. The firm said it is planning "significant" expansion this year, although it did not say how many more employees it plans to hire during 2012.

Media 26

Sientra Gains $65M


Santa Barbara-based Sientra , a developer of FDA-approved, silicone breast implants, said Wednesday that it has raised $65M in a Series C funding round. The funding was led by Abingworth, and also included Clarus Ventures, OrbiMed Advisors, and all of its other current investors. The round will go towards commercialization of its products. Sientra said the new round brings its total raised to $151M. The firm was founded by CEO Hani Zeini. READ MORE>>.

Skype Co-founder Backs FreedomPop


A new, Los Angeles startup, FreedomPop , has recently emerged, looking to provide free, high speed 4G wireless access to iPhone users--and has the backing of one of the co-founders of Skype, Niklas Zennstrom. FreedomPop said it is planning to launch later thi syear, to offer user sof At&T and Verizon iPhone users with free, broadband internet access. FreedomPop is planning on using the 4G, mobile broadband network being operated by Clearwire to power the service.

VIZIO Licenses Patents To Westinghouse Digital


Irvine-based HDTV manufacturer VIZIO said this morning that it has licensed its digital TV patent portfolio to Westinghouse Digital LLC , a manufacturer of HDTVs, settling a patent dispute between the companies. Financial terms of the deal were not disclosed, however, VIZIO said that Westinghouse has agreed to make royalty payments to VIZIO for sales of licensed products. READ MORE>>. vizio westinghouse digital television patent legal

Independa Powers Remote Care Service For LivHOME


San Diego-based Independa , the developer of remote monitoring products for seniors, is powering a new tablet computer-based remote care service from LivHOME , the two said this morning.

Strand Diagnostics Raises $30 Million From NantWorks


Los Angeles-based NantWorks , the business investment and development firm run by billionaire Patrick Soon-Shiong, has invested $30M in Strand Diagnostics , a developer of a diagnostic and DNA testing service for diagnosing cancer.

MediaPass Gets $1.75M More


Los Angeles-based MediaPass , the developer of subscription and content monetization software aimed at online publishers, has raised $1.75M more in a Series B funding. The funding came from angels, including Jeff Stibel of Dun & Bradstreet Credibility Corp. and Jeff Tinsley of MyLife. MediaPass is headed by Matthew Mitchell, and offers up software which allows online publishers to start charging for their content for users.

SharesPost To Halt Secondary Facebook Trading


SharesPost , the secondary stock marketplace which allows investors to purchase shares in pre-IPO, privately held firms, told its users today that it will cease facilitating transactions in Facebook , ahead of Facebook's IPO. According to SharesPost, as of Friday, end of day, it will cease transactions in Facebook, on request of Facebook, to enable Facebook's "orderly transition into the public markets".