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Report: IPOs On Track For Best Year Since 2007, But Only One Q3 Area Tech IPO

socalTECH

A new report today, issued by E&Y, says that the global IPO market is on track to be the best year since 2007. However, local numbers show only one technology related IPO in the local market-- Sienna Biopharmaceuticals in Westlake Village. READ MORE>>.

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CoverHound Apparently Finds Funding For Insurance Marketplace

socalTECH

CoverHound , the online insurance shopping marketplace with offices in Westlake Village, apparently raised a funding round, according to what appears to be a broken embargo by a Silicon Valley technology news site. Coverhound's offices are split between San Francisco and Westlake Village.

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LSI Cuts Jobs In Southern California

socalTECH

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

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ValueClick Names New GM For Mediaplex

socalTECH

Westlake Village-based ValueClick , the online advertising firm, said today that it has named David A. Yovanno will report to CEO Jim Zarley. Yovanno will report to CEO Jim Zarley. Mediaplex is ValueClick's technology division. Yovanno as its new General Manager for its Mediaplex division. READ MORE>>.

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In-Three Acquired By Digital Domain

socalTECH

Westlake Village-based In-Three , a developer of 3D conversion technology and services for the movie industry, has been acquired by visual effects house Digital Domain , according to reports. The firm's technology had been applied to G-Force 3D and Alice in Wonderland 3D, among a few other projects. READ MORE>>.

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ValueClick Sets COO

socalTECH

Westlake Village-based ValueClick said this morning that it has named John Giuliani as its new Chief Operating Officer. The company said Giuliani will now head up the firm's ValueClick Media, Dotomi, Commission Junction, and Mediaplex technology businesses. READ MORE>>.

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ValueClick Completes Dotomi Buy

socalTECH

Westlake Village-based ValueClick said Wednesday that it has completed its acquisition of Dotomi , the provider of dynamic display advertising technology. ValueClick said Dotomi will continue to be led by John Giuliani, who will report to ValueClick CEO James Zarley. ValueClick said it paid 7.1