Sat.Feb 25, 2012 - Fri.Mar 02, 2012

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Everybody Wants Their Pound of Flesh (Negotiating with Buyers)

Both Sides of the Table

I recently wrote a post about negotiating with suppliers called “ The End of the Mexican Road.” I think most of us feel this way, really.

Interview with Andy Steuer, Punchcard


Last week, Pasadena-based Punchcard ( launched its mobile apps, which help local retailers provide rewards to loyal customers.

Jumping into the App Game | Making Apps The Market Wants!

Tech Zulu Event

Apps are quickly becoming a ubiquitous part of life. Smart technology doesn’t work without clever software to make it useful. But where do you start?

Five Startup Tips From The Beatles


Article first published as Five Business Tips From The Beatles on Technorati. This part one of a two part series; you can access part two HERE.

Tips 37

Find Egg-breakers: People With Influence & Authority and Are Unafraid to Use Them

Both Sides of the Table

These are the permanent members of a VC. This lesson on NINAs applies to VC pitches as well as any sale. Some people have authority (A). I disagree.

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TriTech Freestyle Forum

SoCal Tech Calendar

Thursday, March 8, 2012 -- TriTech Freestyle Forum. Learn about the best loans that are available for your business today from industry experts. Small Business Loans are a great resource for start-up, existing or for the acquisition of a business. Explore your lending options and learn what you need in order to get approved. See [link].

Punchcard Raises $1M


Pasadena-based Punchcard , the newly launched startup developing mobile, loyalty programs for retailers, said this morning that it has raised $1M from Idealab. Punchcard, which is headed by Andy Steuer, offers up iPhone and Android apps which reward users for visiting local businesses. READ MORE>>.

Q Manning of Rocksauce Studios | Founder Interview

Tech Zulu Event

As we know the mobile industry is accelorating at high speeds with no chances of slowing down anytime soon. In your opinion, why does mobile matter?

Nirvanix: Use Our Storage, Avoid Disk Drive Shortage


Nirvanix contends that users are saving up to 70 percent on storage by shifting it to the cloud, instead of buying expensive disk drives. READ MORE>>.

Blizzard Entertainment Chops 600


The firm said approximately 90 percent of the cuts would come from departments not related to game development. Blizzard is a unit of Activision.

uSamp Aims At B2B Market


uSamp said its new service-- TheWhiteboard --provides a panel specifically aimed at business-to-business decision makers. READ MORE>>.

California Leads In Renewable Energy Attractiveness


According to the report, which ranked U.S. READ MORE>>. investments cleantech solar wind energy renewable california

Study 39

DreamHost Planning Software Spinout


Los Angeles-based hosting provider DreamHost , the provider of web hosting and managed hosting services, is planning a new, open source software spinout, the firm revealed this week, as it looks to leverage its work on the Ceph open source project for distributed storage. READ MORE>>.

Interview with Holden Steinberg and Jason Crilly, PageWoo


Have you every clicked on a mobile ad on your iPhone or Android phone, and found that the ad you clicked into wasn't usable on your mobile phone?

Fisker Automotive Names New CEO


Fisker also said that Chairman Ray Lane will become lead director of the firm, serving as Chairman of the board. READ MORE>>.

NantWorks Buys Boston Life Labs


Financial terms of the buy were not disclosed. Nantcare will be headed by former Boston Life Labs CEO Richard Binier. READ MORE>>.

Ceres Closes IPO


per share. Ceres debuted last Wednesday on the Nasdaq Global Market as CERE. The firm's IPO was underwritten by Goldman Scahs & Co., READ MORE>>.

XCOR Aerospace Raises $5M


As part of the funding, the company said that Dyson, Fleming, and Dr. Lee Valentine of the Space Studies Institute have all joined the company's board.

Study 28

Websense Rolls Out New Mobile Security Product


San Diego-based security software developer Websense reported Wednesday that it has launched a new, mobile security product aimed at mobile devices such as iPads, iPhones, and Android. Pricing on the new product was not announced. READ MORE>>. websense mobile security iphone android

OpenX Buys LiftDNA


Pasadena-based OpenX Technologies , the developer of Internet ad serving technology, announced this morning that it has acquired LiftDNA , a provider of yield optimization software for online publishers. Financial terms of the acquisition were not disclosed. LIftDNA's software works with ad servers to optimize the ads displayed from ad networks.

OpenX 26

Highlight Hunter | Taking The Work Out of Finding Video Highlights

Tech Zulu Event, 48 hours of uploads every minute and three billion views daily, according to’s official blog in May of 2011. Ride all day.

The Most Important Panel You’ll Ever Attend | SXSW 2012

Tech Zulu Event

This year’s South By South West conference in Austin, Texas, is days away. However something special is happening this year. Really amazing!

Cyber Rain Finds New CEO


Los Angeles-based Cyber Rain , the venture backed developer of smart irrigation controllers, has tapped an entrepreneur known for making waterless urinals ubiquitous in the US and around the world, as its new CEO. Krug has also previously served at Paramount Pictures and the Walt Disney Company, among other companies. READ MORE>>.

Report: Machinima Seeking $50M In Funding


Los Angeles-based online content producer Machinima , which produces videogame related content for YouTube, is reportedly seeking $50M in funding, at a $200M to $250M valuation, according to reports today. The firm, which is led by Allen DeBevoise, publishes videos online related to video games, video game news, and entertainment. READ MORE>>.

JuntoBox Names Forest Whitaker Co-Chair


Santa Monica-based startup JuntoBox , a new startup social community focused on independent filmmakers, said today that it has named actor, producer, and director Forest Whitaker as its co-chair. The startup said it is looking to provide a total of $2.5M in financing to five films this year. READ MORE>>.

CHNL Boosts Board


Santa Monica-based CHNL , a new, pre-launch startup which is focusing on social content and content curation, said this week that it has named Rod Perth to its board of directors. Perth is a television executive, who has worked on projects for CBS Television, the USA and SyFy Channels, and Jim Henson Studios. READ MORE>>.

Report: LegalZoom Nears IPO


Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks. Brian Lee now heads up fashion site ShoeDazzle. READ MORE>>.

WD Divests 3.5-inch HDD Assets To Toshiba


Irvine-based Western Digital , the manufacturer of hard disk drives, reported this morning that it has reached an agreement with Toshiba Corporation , to divest certain assets for manufacturing and selling 3.5-inch hard drives. Financial details of the sale were not announced. READ MORE>>.

Sales 22

GoodRx Gets Funding, Launches Drug Comparison Site


Santa Monica-based GoodRx , a new startup backed by Founders Fund, GRP Partners, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (, and Mike Ovitz, has launched its services, saying that it will allow users to compare pricing from pharmacies nationwide via its service and iPhone app. READ MORE>>.

Foundstone's George Kurtz Raises $26M For Security Software


George Kurtz , the former founder of Irvine-based Foundstone , and most recently the CTO of McAfee, said last week that he's raised $26M for a new startup, CrowdStrike. The stealth mode firm said it is looking to help enterprises and governments protect their most sensitive intellectual property and national security information. READ MORE>>.

CTO 22

Luxtera Adds $21.7M


Carlsbad-based Luxtera , which develops silicon CMOS photonic semiconductors, announced this morning that it has raised $21.7M in a Series C funding round. The round came from current investors NEA, August Capital, Sevin Rosen, Funds, and Lux Capital, along with new investor Tokyo Electron. READ MORE>>.

Entropic Buys Trident Microsystems' Set Top Box Operations For $65M


San Diego-based Entropic Communications reported this morning that it has been selected as the successful bidder to acquire the set-top-box assets of Trident Microsystems. Entropic, which makes semiconductors for the connected home market, said it will acquire Trident's system-on-a-chip (SoC), set-top-box (STB) assets for $65M. READ MORE>>.

JibJab, Toyota Settle Lawsuit


According to reports, the firms will each pay their own costs and attorney's fees. No other details of the settlement were released. READ MORE>>.

iRise Takes On iPhone Apps


The firm said the new app allows customers to design and build prototypes of applications, without requirements for coding or scripting of any kind.