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Move Networks Acquired by Echostar

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Move Networks , the venture backed developer of high definition streaming technology for Internet video, has been acquired by Echostar , the firms said Thursday afternoon. Financial terms of the buy were not disclosed.

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Move Networks Raises $3.0M, Sets Up Shop In Irvine

socalTECH

Move Networks , a developer of adaptive streaming technology used to stream high definition television over the Internet, has raised $3.0M Source of the funding was not disclosed, however, Dan Beldy, a venture capitalist at Steamboat Ventures, remains listed as a board member. and Steamboat Ventures.

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Move Networks Confirms It Is Looking For A Buyer, Lays Off Staff

socalTECH

Irvine-based Move Networks , the streaming video technology firm, confirmed Wednesday evening that it is looking for "strategic alternatives", including a possible sale of the firm. Tags: move networks merger acquisition strategic alternative video streaming technology software. READ MORE>>.

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Report: Move Networks Shuts Down, Seeking Sale

socalTECH

Streaming video technology firm Move Networks --which apparently moved to Irvine sometime over the last year from Utah after a management shakeout--is reportedly shutting down, and by some reports is now looking for a buyer. Comcast Interactive Capital, Hummer Winblad Venture Partners, Microsoft Corp., and Steamboat Ventures.

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Passenger Gains $7.5M More

socalTECH

Los Angeles-based Passenger , a developer of private social networking sites for brands, said today that it has raised an additional $7.5M The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm. in an investment. READ MORE>>.

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MuckerLab Takes TechStars Incubation To Los Angeles

socalTECH

A new, technology startup accelerator modeled after the TechStars venture incubator in Boulder said today it has launched, and will bring business acceleration to Los Angeles.

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Venture Conference Highlights SoCal Startups

socalTECH

Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference. David Sacks, one of the co-founders of PayPal, pitched Geni.com, an online site focused on both family trees and social networking.