SoCal CTO
MAY 19, 2009
Just read this article - Twitter sees tools, not ads, for revenue That could be really bad news. Part of the appeal of twitter is that it's a fairly open platform and that there are a lot of people building tools that live on top of the platform. If Twitter begins to charge for tools, they will likely need to lock away aspects of their platform to prevent other people from creating competitors to the tools they create.
socalTECH
MAY 21, 2009
San Diego-based Novatel Wireless reported Wednesday that it has appointed retired U.S. Army Gen. John D. Wakelin to its board of directors, effective Monday. The wireless broadband technology firm described Wakelin as an experienced professional who spent the past 20 years in senior executive and business development roles for Science Applications International Corp.
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SoCal Tech Calendar
MAY 22, 2009
Thursday, May 28, 2009 -- Experiences of a Navy Pilot. IEEE Aerospace / Life Member: Commander Thomas Long, USN, is Executive Officer of the C-130 Logistics Group at Pt. Mugu. He will discuss his experiences and challenges as an aviator, a leader, and of a successful technical aviation career. See [link] (more).
Alon Schwartz
MAY 20, 2009
This month’s “Startups Uncensored” will be on “Navigating the Challenges of Effective Outsourcing”. It will be an open and frank town-hall conversation discussing topics such as: Outsourcing best practices. Do’s and don’ts of outsourcing. Top mistakes people do when outsourcing. What can and should you outsource? Architecture? Code? Support? Content creation?
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Jason Nazar
MAY 19, 2009
This month’s “Startups Uncensored” will be on “Outsourcing Web Development & Businesses”. It will be an open and frank town-hall conversation revealing the best practices and methodologies for building your web-based company through outsourcing. We are joined this month by James Siminoff , founder/CEO of PhoneTag and Aaron Hawkey co-founder and CTO of Cramster.
socalTECH
MAY 21, 2009
El Segundo-based out-of-home advertising firm Ripple TV said today that it has added two media executives to the firm's board of directors. Ripple, which is venture backed by Draper Fisher Jurvetson and Trinity Ventures, said that Scott Hagedorn of Omnicom Media Group agency PHD USA, and Jack Myers of Myers Publishing have both joined its board. John Fischer of DFJ, Tim McAdam of Trinity, and the firm's CEO, John McMenamin, are also on the company's board of directors.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Alon Schwartz
MAY 20, 2009
This month’s “Startups Uncensored” will be on “Navigating the Challenges of Effective Outsourcing”. It will be an open and frank town-hall conversation discussing topics such as: Outsourcing best practices. Do’s and don’ts of outsourcing. Top mistakes people do when outsourcing. What can and should you outsource? Architecture? Code? Support? Content creation?
Jason Nazar
MAY 21, 2009
Just released a KILLER new feature today on Docstoc where we feature Collections of documents around different topics. These are packs of documents that are grouped together around different topics like Starting a Small Business, Advertising Online, and “Traveling on a Budget. You can check out the coverage of Collections on TechCrunch.
socalTECH
MAY 19, 2009
San Diego-based Maxwell Technologies reported Tuesday that it has sold approximately $17.6M in a common stock offering, underwritten by Roth Capital Partners. The publicly traded firm, which trades on the Nasdaq as MXWL, said the funding will go towards working capital and general corporate purposes. Maxwell is a developer of ultracapacitors for the energy market, along with microelectronics for the defense and commercial markets, and other energy and power-related components.
SoCal Tech Calendar
MAY 22, 2009
Thursday, May 28, 2009 -- LAVA hosts PricewaterhouseCoopers' Shaking the MoneyTree. Please join LAVA, PricewaterhouseCoopers and a distinguished panel of industry experts and local VCs for their insights on the results of the Q1 2009 PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report based on data from Thomson Reuters. See [link] (more).
socalTECH
MAY 22, 2009
Friday fun: In the latest information source to connect to the popular micro messaging site Twitter, an intrepid programmer has created a Twitter robot-- @earthquakesLA which allows Twitter users to see the latest earthquakes in the Los Angeles area, based on data from the USGS. According to the timeline of creator @billsnitzer , the new Twitter robot was created on May 4th.
socalTECH
MAY 22, 2009
San Diego-based web security firm Websense has tied with WAN acceleration firm Riverbed Technologies , the two said Thursday. According to the companies, they will offer Websense's web security products combined with WAN optimization products from Riverbed. Financial details of the partnership were not disclosed. Websense's software will site on Riverbed's Steelhead appliance; the solution will be available through resellers of both firms.
socalTECH
MAY 21, 2009
Last week, Aliso Viejo-based Darwin Dimensions rolled out Evolver (www.evolver.com), an online tool for creating highly detailed avatars. Brian Nilles, the firm's CEO, is no stranger to the 3D animation and computer graphics market, having served for ten years as CEO of Vicon Motion Capture, and he sat down with us to chat Darwin Dimensions and what's special about the firm's avatar software.
socalTECH
MAY 20, 2009
Two local online advertising businesses--Westlake Village-based ValueClick , and Irvine-based Specific Media --are showing growth in the latest comScore ranking of advertising networks. According to comScore, which analyzes Internet traffic and e-commerce statistics, ValueClick is now number five, and Specific Media number six, in the top online ad networks--just behind Platform-A, Yahoo, and Google. comScore said that ValueClick grew 14 percent year to year in total unique visitors, to 160,307,
socalTECH
MAY 20, 2009
Lake Forest-based disk drive maker Western Digital Corp. reported today that it has agreed to sell the assets of its media substrate manufacturing facility in Sarawak, Malaysia to Hitachi Global Storage Technologies. According to WD, the sale is part of an effort by the firm to "realign its cost structure" to match softer demand for its products. WD's Sarawak, Malaysia facility manufactured aluminum substrates for magnetic media, and was originally part of Komag, which was acquired by WD in Sept
socalTECH
MAY 22, 2009
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's high tech news and companies. They include: Sponsors. Redpoint Ventures (www.redpoint.com). Backing Southern California's next great technology companies. Silicon Valley Bank (www.svb.com). Helping entrepreneurs succeed. Binary Pulse Technology Marketing (www.binarypulse.com).
socalTECH
MAY 22, 2009
Los Angeles-based Abraxis BioScience , a biotech firm focused on treatments for cancer, said Friday that it has hired on Marty J. Duvall as the firm's Senior Vice President, Global Marketing and International Commercial Operations. Duvall joins the firm from MOrphotek, and has also previously served at MGI PHARMA and Sanofi-Aventis. Tags: abraxis lifescience executive biotech cancer.
socalTECH
MAY 22, 2009
Agoura Hills-based web hosting and colocation provider ISWest reported this week that it has linked with Third Wave Technology Services, a provider of technology services in the Los Angeles area. According to the two firms, ISWest has deployed several colocation projects for Third Wave's clients in its data centers. ISWest provides high speed access, server colocation, managed servers, and other related services to its clients.
socalTECH
MAY 22, 2009
Pasadena-based FastSoft , the Caltech spinout developing Internet acceleration devices, disclosed earlier this week that it has rolled out a new product. The firm said its new E Series EX accelerator now supports 10Gbps throughput, and accelerates TCP traffic 2 to 5 times. The firm said it is targeting hosting, SaaS, social network, content distribution networks, and cloud computing companies with the hardware.
SoCal Tech Calendar
MAY 22, 2009
Thursday, May 28, 2009 -- Bio-Aesthetic Medicine. SoCalBio Networking Forum. This forum will focus on bio-aesthetics. Invited speakers representing Southern California emerging biotech and device companies will examine the growth potential of the bioaesthetic medicine industry in Southern California and discuss business models to meet challenges posed by the current difficult economy.
SoCal Tech Calendar
MAY 22, 2009
Thursday, May 28, 2009 -- Bootstrapping: Making More Progress with Less. During past periods of significant downturn San Diego companies found ways of trimming back their activities, creating a new focus and sense of managed urgency. At the same time, they needed to find creative ways of bringing in capital to keep their companies alive. However, in many cases the sources of capital were not necessarily the traditional ones.
socalTECH
MAY 21, 2009
The Angel Capital Association reported this week that investing activity by angel investments groups dropped by nine percent between 2008 and 2007, and 40 percent of angel groups expect overall investment to decrease again this year. The group, which released its ACA Angel Group Confidence Report this week, also found that the average group investment per deal was $276,918 in 2008, with total invested by groups in 2008 averaging at $1.77M.
socalTECH
MAY 21, 2009
Santa Monica-based DocStoc , the online document sharing site run by Jason Nazar, just released a new feature Thursday afternoon, DocStoc Collections , which allows users to create their own groupings of documents by topic. The new feature so far includes collections such as "Starting A Small Business," "Traveling On A Budget," "Writing Better Cover Letters," and similar topics.
socalTECH
MAY 21, 2009
Irvine-based Quartics , the digital media processing chip firm headed by former AST founder Safi Qureshey, has raised $13.3M as part of an ongoing, $21.7M fundraising, according to a regulatory filing from the firm. Details on the new funding have not yet been released by the firm. According to the filing, the equity raise occured on May 8th. Quartics has previously raised capital from Enterprise Partners, Focus Ventures, Foundation Capital, Globespan Capital Partners, and Integral Capital Partn
SoCal Tech Calendar
MAY 21, 2009
Tuesday, May 26, 2009 -- Roadtwip Returns. MOTM. What if Jack Kerouac had a smart phone, Twitter, a mac book, and a video camera? This month for MOTM our very own Kurt Daradics will be sharing his sense of the emerging future after a roadtrip gone twitter across America. See [link] (more).
socalTECH
MAY 21, 2009
Aliso Viejo-based Quest Software said Thursday that it has signed on fellow Orange County firm Ingram Micro as a distributor. According to Quest, the relationship wil make it easier for its partners to purchase its software, and also increase its presence in the reseller channel. The distribution deal covers both North and Latin America. Ingram Micro is based in Santa Ana, and is one of the largest technology distributors in the world.
socalTECH
MAY 21, 2009
Carlsbad-based security software firm Breach Security has raised $2.0M more in a convertible debt financing, according to a regulatory filing by the firm this week. No details on the funding have been released. Breach has previously raised venture funding from Enterprise Partners, RBA No. 5, and Evergreen Venture Partners. Breach most recently raised a venture round in July of last year, and has so far raised more than $32.5M in funding.
socalTECH
MAY 21, 2009
Irvine-based NeoMend , which is developing wound healing products, disclosed this week via a regulatory filing that it has raised $2.7M out of a $3.5M funding round for the company, consisting of a convertible note along with warrants convertible to preferred stock. According to the filing, the firm's investors continue to include Prospect Venture Partners, Vivo Ventures, Sanderling Ventures, and Novo A/S.
socalTECH
MAY 21, 2009
La Jolla-based Aragon Pharmaceuticals reported Wednesday that it has raised $8M in a Series A financing. The firm, which is focused on small molecule therapeutics for treating hormone-resistant cancers, said that the financing was led by The Column Group and OrbiMed Advisors. The company said it is initially focused on prostate and breast cancer. Aragon's technology comes from research developed at Memorial Sloan Kettering Cancer Center, the Howard Hughes Medical Institute, and UCLA.
SoCal Tech Calendar
MAY 21, 2009
Wednesday, May 27, 2009 -- SEO in Your Social Media Strategy. Discover how to leverage Social Media to boost your search engine rankings at this months SMCLA panel on SEO in your social media strategy: Links and Other Tactics. As an added bonus, learn about Social Media ROI from Forrester Research. See [link] (more).
SoCal Tech Calendar
MAY 21, 2009
Wednesday, May 27, 2009 -- From Camera to Youtube. New Media Interchange. "From Camera to YouTube" will walk you through the process of creating a New Media project from initial recording to final placement on YouTube (or other video sharing site). We will demonstrate the unique pros and cons of different types of cameras, audio recording techniques, microphones, editing software, and online services designed to host, share and distribute your new media projects to the world.
SoCal Tech Calendar
MAY 21, 2009
Wednesday, May 27, 2009 -- IEEE-EMBS: Development of the Ported Vascular Access System to assist Chronic Kidney Disease patients. Speaker: Abram Janis, Director of Research at Dermaport, an Alfred Mann company. See [link] (more).
SoCal Tech Calendar
MAY 21, 2009
Wednesday, May 27, 2009 -- BIOCOM Breakfast Meeting: Ernst and Young State of the Life Science Industry Report. Dan Kleeburg and Doug Regnier, partners from Ernst and Young's Life Sciences practice, will present the Ernst and Young annual report: Beyond Borders. Beyond Borders finds that strong product pipelines and product success, record-breaking financing totals, unprecedented deal activity, and impressive financial results mark historic industry advances.
socalTECH
MAY 20, 2009
Irvine-based HDTV maker VIZIO has sued Japanese competitor Funai Electric Company, Ltd. saying late Wednesday that it has filed a patent infringement suite against the firm. VIZIO said it is seeking to keep Funai, which manufactures HDTVs for Philips, Magnavox, Emerson, Sylvania, and Symphonic, from importing and selling high definition televisions.
socalTECH
MAY 20, 2009
San Diego-based specialty pharmaceuticals firm Victory Pharma has been acquired by Atlanta-based Sciele Pharma, Sciele said this week. Accordin to Schiele, it will pay $150M to acquire Victory Pharma, which is focused on acquiring, developing, and marketing products to treat pain. Victory Pharma has 182 employees, and had net sales of $57M in 2008, Sciele said.
socalTECH
MAY 20, 2009
Santa Barbara-based Asylum Research , a manufacturer of atomic force microscopy (AFM) and scanning probe microscopy (SPM) equipment, said this week that it has expanded its offices in the United Kingdom. The firm said that its wholly owned UK subsidiary--which has had offices in the UK for three years--has moved to a larger office space in Bicester, Oxfordshire.
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