Tuesday, January 31, 2006Evite Adds Social Event Planning ServiceLos Angeles-based Evite.com has launched a new service, targeted at party planning. The firm, a unit of IAC/Interactive, said that its new service extends it beyond online invitations to include tools for planning any social event. The new service includes checklists for keeping track of todos, a budget estimator, new invitations, recipe planning and suggestions, location listings, and more. The company is looking to become a one-stop-shop for planning any social event.
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X1 Targets Legal MarketPasadena-based X1 Technologies is targeting the legal market with a new connector to Interwoven's WorkSite document management tool. X1 said yesterday that it has released an X1 Content Connector which allows X1's Enterprise Edition software to search results of Interwoven's document management tools. X1's search tools index and search desktops and servers, and include a number of plug-ins that allow for previewing and indexing of specific document types. Interwoven's WorkSite tool provides tool (More info...)
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AOL, Reality Show Producer Go OnlineMark Burnett Productions, producer of Survivor and other television reality shows, and America Online yesterday announced their plan to produce a reality show for exclusive broadcast online. The two companies said that Burnett will produce Gold Rush!, a show that will track challengers searching for hidden treasure across the United States. Clues for the show will be placed throughout AOL's network of web sites. Mark Burnett said in a statement that the Internet is about to become the next broad (More info...)
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Clean Tech Fund Lands $40M Committment From CalPERSLos Angeles-based Paladin Private Equity Partners said today that it has scored a $40M committment from the California Public Employee' Retirement Systems (CalPERS) for its new, California clean technology fund. CalPERS will be the lead investors in the new fund, which will target small and mid-cap companies that develop, manufacture, own, and promote clean environmental technologies. The fund is targeting to raise $200M in committments for its fund. The fund also said that it will also look to (More info...)
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New VC Fund Targets Angel GroupsA new, Los Angeles venture capital fund, Angel-Led Venture Partners, is looking to tap into angel investors groups with a new fund. Kelly Perdew, past winner of The Apprentice, and Luis Villalobos, founder of the Tech Coast Angels are in the process of raising a new venture capital fund with a focus on the angel market. According to Perdew, the fund aims to fill the gap between angels and average VC funds, and will target angel groups looking for friendly money to round out investment deals. The (More info...)
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DispenseSource Raises $13.75MIrvine-based DispenseSource has raised $13.75M in a new round of funding. The firm said that the round came from Inverness Capital Partners and The Argentum Group, with participation from existing investors Mission Ventures and InnoCal Venture Capital. DispenseSource is developing inventory management systems used for the industrial and maintenance operations market. The company said that the investment will allow it to broadan its management solutions, and to expand development, marketing, and (More info...)
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Boodle Gets Strategic Investment From TribuneSan Diego-based Consumer Networks said today that Tribune Interactive, a division of Tribune Company, has completed a strategic investment in its boodle division. Boodle provides a coupon clipping and distribution service for local newspapers, providing national coupons to local papers. The amount of the investment was not disclosed. Consumer Networks said that Tribune Interactive has also entered into a long-term distribution agreement with boodle to provide its online coupons to Tribune's dail (More info...)
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