Thursday, April 21, 2005
Attend The Venture Forum, May 25-26, Los Angeles
The Venture Forum
May 25-26, Wilshire Grand Hotel
Los Angeles, California

America's largest showcase
of top-tier emerging companies!
2 days, 130 companies, 1000+ attendees

At the 11th annual Venture Forum, attendees will access one of the largest innovation pipelines in the nation. Companies will present in front of hundreds of investors, potential partners and customers. Register to attend today! socalTECH readers use coupon code BKDT358.

X1 Technologies Raises $10M
Pasadena-based X1 Technologies announced this morning that it has received $10M in new venture funding from U.S. Venture Partners (USVP) and Pasadena-based Idealab. The desktop search software firm said that the funds would be used to increase sales and product development initiatives for the company, increasing staffing worldwide. As part of the deal, Stuart Phillips of USVP will join the company's board. X1's desktop search solution is currently being private labeled by Yahoo as Yahoo! Desktop (More info...)

posted on Thursday, April 21, 2005 (More)(Full story)

JAMDAT Buys Blue Lava Wireless For $137M
Los Angeles-based mobile entertainment publnisher JAMDAT Mobile has acquired Blue Lava Wireless, a developer of wireless entertainment, for $137M. The acquisition brings JAMDAT an exclusive 15 year worldwide license to the wireless version of the popular game Tetris, and according to JAMDAT is expected to add immediately to its bottom line. JAMDAT will immediately begin publishing Tetris in North America, Latin America, and India, and will acquire rights to Europe, China, Japan, Korea, Australi (More info...)

posted on Thursday, April 21, 2005(Full story)

Xingtone Launches Ringtone Store For Artists
Los Angeles-based mobile content firm Xingtone said yesterday that it has launched a new initiative to allow independent content owners to create and sell their own ringtones from their web sites. The firm said that it will now allow any artist, record label, or web site builder to upload ringtone clips, sell those clips, and automatically sent those ringtones to customers. The Xingtone mStore software offers hosting, storefront, shopping card, payment processing, and delivery of ringtones over (More info...)

posted on Thursday, April 21, 2005(Full story)

Diligent, Nexsan Partner On Virtual Tape
Woodland Hills-based Nexsan Technologies and virtual tape provider Diligent Technologies have joined to deliver a joint virtual tape library (VTL) solution based on Nexsan's SATA/ATA disk arrays. The combination of Diligent's virtual tape software and Nexsan's low cost disk arrays will allow end user to back up their hosts easily to disk instead of tape. Virtual Tape Library technology presents what appear to be standard tape libraries to backup software, however actually are based on disk stora (More info...)

posted on Thursday, April 21, 2005(Full story)

Language Weaver Adds Engineering Management, Staff
Los Angeles-based language translation tools firm Language Weaver said this week that it has hired Dr. Amir Izadpanah to as Senior Director of Engineering. Izadpanah will lead the company's engineering operations. The company said that it has recently added six new R&D employees to its team to bolster its product development. Izadpanah joins from Oracle, and has also served at Macneal-Schwendler and NASA Langley Research Center. He also was an adjunct professor at UCLA. Language Weaver is de (More info...)

posted on Thursday, April 21, 2005(Full story)

Verari Rolls Out Dual-Core AMD Opteron Blades
San Diego-based Verari Systems said today that it will begin offering blade server systems based on the new Dual-Core AMD Opteron processor. The company said that it plans to roll out the AMD dual-core technology throughout its product line by early June. Verari develops a line of blade servers which minimize footprint and optimize density of computer systems. The company's BladeRack blade server system can support up to 66 nodes containing 132 Dual-Core AMD processors. The systems are being us (More info...)

posted on Thursday, April 21, 2005(Full story)

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