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Catalyzing Innovation In Pasadena, with Innovate Pasadena

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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.

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Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

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For Friday''s interview, we spoke with Terry Kay ithe new Chairman of the Pasadena Angels (www.pasadenaangels.com) on the group, and its relevance in the technology funding world today. First off, for those not familiar with the Pasadena Angels, talk about the group? What does that mean to entrepreneurs?

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TweetUp Launches Out Of Idealab, Gets Funding

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Pasadena-based Idealab has launched a new company, TweetUp , which focused on showcasing Twitter users and helping them to grow an online following. its new Twitter marketplace was founded by Idealab's Bill Gross, and has scored funding from Index Ventures, betaworks, Revolution LLC, First Round Capital, Jason Calacanis, and Jeff Jarvis.

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Freebinar Looks To Fill Webcasting Hole Left By DimDim

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Huntington Beach-based Freebinar , a provider of free, web conferencing services, is looking to fill the new hole left by free web conferencing service Dimdim , with its own ad-supported service. Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels.

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OpenX Gets $22.5M More For Online Advertising

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Pasadena-based advertising technology firm OpenX has raised $22.5M more in a round of funding, the company announced today, via a Series E funding round. The firm, headed by Tim Cadogan, said this morning that the new funding brings its total raised to more than $70M. Global Investment, Inc., and Presidio Ventures.

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Wallaby Acquired By Bankrate

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Pasadena-based Wallaby Financial , the developer of web and mobile apps to help consumers optimize their credit card spending, hsa been acquired by Bankrate. Wallaby was venture backed by Founders Fund Angel, Karlin Ventures, MuckerLab, SLP Ventures, and WI Harper Group. in funding in total. READ MORE>>.

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Cramster Gets $6M

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Pasadena-based Cramster.com , which operates an online home help web site, is announcing today that it has raised $6M in a Series B funding. The funding came from Primera Capital. As part of the funding, Ori Sasson of Primera is joining the firm's board of directosr. READ MORE>>.

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