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One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. A new effort in Pasadena, called Innovate Pasadena (www.innovatepasadena.com), is looking to become a catalyst for innovation and entrepreneurship in Pasadena.
Pasadena-based OnGreen , the online marketplace for green and clean technology businesses, said today that it has launched a new, patent marketplace focused on allowing users to license or sell their intellectual property (IP). According to OnGreen, the new marketplace will provide additional funding avenues for entrepreneurs.
Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels. Financial details of that funding were not disclosed, however, CEO Costin Tuculescu confirmed that it just saw a first close on its Series A. READ MORE>>.
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. The firm did not disclose financials.
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. No details on the funding have been announced by the firm. READ MORE>>.
It seems that every week, a new, Voice-over-IP provider firm surfaces in the market, either providing PBX services, voicemail, or other similar services. What is your VoIP service all about, and how is this different from what seems to be lots of Voice over IP service providers? Cliff Rees: We're a software as a solutions company.
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. XCast Labs had announced funding from Siemer in February, but did not disclose the amount of that funding.
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. XCast Labs had announced funding from Siemer in February, but did not disclose the amount of that funding.
Pasadena-based FastSoft, which develops network acceleration technology, announced today that it has named J. Snyder has been involved in seed funding and founding such companies as Netboost (acquired by Intel), Jibe Networks, and Proxinet (acquired by Puma Technologies). Edward Synder as the firm's CEO. READ MORE>>.
2014 Pasadena Angels Performance. • 4 Exits, including Bluebeam for $100mm. • $4.7mm in new funding for portfolio companies. • I have never seen such energy at the Pasadena Angels in my decade+ as a member. Angels have been attending many outside events, both in Greater Pasadena and further afield in Silicon Beach.
Freebinar is backed by the Pasadena Angels and the Tech Coast Angels. Freebinar gives them a solution that includes screen sharing, voice over IP audio, broadcast, conference calling, and allow you to meet with as many as 150 people at the same time. What are your specific plans for the new funding from the angels?
Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. We write checks from $500K to a million dollars, and we like to fund engineers turned entrepreneurs. Tell us a bit about yourself?
Pasadena-based BigStage (www.bigstage.com) is one of those rare companies that has taken technology developed from university research, and is now bringing that technology to the commercial market. Unlike most web media firms, we've got a real, protectable IP, based on serious computer science, three patents, and five more pending.
The company announced a funding round from Canaan Partners, Storm Ventures, and AME Cloud a couple of weeks ago. The Pasadena firm''s co-founders, Sean Lynch and Steve Curry , sat down with us to talk about the service. What does MetaCloud do? Sean Lynch: What we do, in a nutshell, is provide private cloud as a service.
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