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Calacanis Backs Mobile Social Networking Service

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Jason Calacanis , the high profile founder of Santa Monica-based Mahalo , is one of the angel investors in a mobile social networking service, Gowalla , the company said today. Tags: jason calacanis angel investment venture capital social networking gowalla. Series B funding for the firm.

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TuneWiki Launches Android Social Music Player

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Santa Monica- and Israel-based TuneWiki said today that it has launched a new, Android based social music player. The music player includes such features as displaying the lyrics of music while playing, music discovery, and social features. TuneWiki is venture backed by Benchmark Capital and NTT Docomo. READ MORE>>.

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Cornerstone OnDemand Adds Social Networking Features

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Santa Monica-based Cornertone OnDemand, a provider of software-as-a-service tools for human resources management, said this week that it has added new social networking features to the firm's product. The new product provides online communities, user profiles, blogs, and wiki features for business collaboration.

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Kuapay Takes On Mobile Payments, Loyalty With $2M

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Santa Monica-based Kuapay , a new startup aiming at the mobile payments and loyalty markets, has scored $2M in funding, the firm has disclosed. The startup is headed by Joaquin Ayuso de Paul, one of the angel investors in Border Stylo and co-founder of Spanish social network Tuenti.com (acquired by Telefonica).

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Near Networks Tackles Online Video For Local Businesses

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Santa Monica-based Near Networks , a new startup, said today that it has launched a production studio aimed at the online video channel. Near Networks said it is looking to overcome the "lack of production quality" in local business video, at a low price point.

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Comcast Ventures Sets Up Shop In Santa Monica

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Comcast Ventures , the venture capital arm of Comcast Corporation , announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive-in-Residence at Warburg Pincus, and also was founder and CEO of Hatch Labs. READ MORE>>.

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MomentFeed Raises $1.7M More

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Santa Monica-based develops software which helps retailers better understand the social interaction of consumers with their retail locations, including such things as Facebook Places, Foursquare, and Instagram. Details on the funding have yet to be announced. MomentFeed's prior investor include a who's who list of local angels.