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Naki Laundry Debuts In Santa Monica With Tech Friendly Laundry Service

socalTECH

In the latest services-meets-smartphone service to launch in the Los Angeles area, a new startup, Naki Laundry , said today that it has launched its service in Santa Monica, letting the tech set use their smartphone or the web to get their laundry cleaned. Naki''s name comes from the Hebrew for the word "clean". READ MORE>>.

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Rovi Plans To Sell Former CinemaNow Technology

socalTECH

The long, turbulent history of the video-on-demand technology developed by former Marina Del Rey-based CinemaNow continues today, after current owner Rovi Corporation said Thursday afternoon that it plans to pursue a sale of its Rovi Entertainment Stores business--the remains of CinemaNow. READ MORE>>.

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AuctionPoint Gets Investment From LoopNet

socalTECH

Marina Del Rey-based AuctionPoint , which operates an online service for helping property brokers auction off commercial real estate, has received a strategic investment from LoopNet , LoopNet said today. Tang was formerly Chairman and CEO of technology consulting firm Guidance; Yang was a real estate developer.

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DivX Links With Sonic Solutions

socalTECH

San Diego-based DivX , a provider of video encoding and decoding technology, said today that it has partnered with Sonic Solutions, a developer of digital media software. According to the two firms, Sonic Solutions will make movies available for download in the DivX format, as part of its Roxio CinemaNow service. READ MORE>>.

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Interview with Steve Jillings, TeleSign

socalTECH

Steve Jillings has a long track record of running successful startups in Southern California, ranging from such companies as FrontBridge Technologies (sold to Microsoft in 2005 for over $200M) and Vantage Media (acquired in 2007). Telesign provides authentication services for the largest web companies in the world.

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

Over the last few quarters, we’ve definitely seen the funding levels come down” from 2015, said Tim Holl, an EY audit partner in San Diego who heads the firm’s technology practice. —IT services accounted for $946 million in 80 deals. deals in the second quarter, based on the MoneyTree Report: Uber Technologies. Venice, CA.

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Frank Addantes FounderBlog: Startup 3.0: Internet advertising is good. No, it’s bad. Oh wait… it IS good!

Frank Addante

the Rubicon Project (Internet Advertising Technology) Status: Pre-Launch Visit the Rubicon Project Website Startup 5.0: Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Zondigo, Inc.