Tuesday, May 2, 2006
LeisureLink Gets $5M
Pasadena-based LeisureLink has raised $5M in venture capital funding, saying this morning that Mission Ventures and Clearstone Venture Partners had invested in the company. LeisureLink is developing an electronic marketplace for connecting travelers with vacation rentals and timeshares. The firm provides vacation rental management companies with a way to attract customers, and connects into online travel agencies and reservation systems. The venture round for the company follows prior investment (More info...)

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Yahoo Goes Tech
Yahoo's Santa Monica-based media group is going for the technology review and advice market, saying yesterday that it has launched Yahoo! Tech (tech.yahoo.com), a new web site focused on choosing and using technology. The new site goes squarely against CNET, which has a large presence in the technology review and advice space. Yahoo said that it will feature community product ratings and reviews, shopping and community features, and provide an anchor for advertisers in the technology space. Yaho (More info...)

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HELIO Launches Services
Los Angeles-based HELIO today launched its youth oriented, mobile phone service, saying that the service is now available nationwide. HELIO, an MVNO which is a joint venture between Earthlink and SK Telecom, said that its services are available through its web site and by the end of the month will be sold at approximately 1,000 retail locations. Among features of HELIO are a mobile connection to the popular MySpace social networking site, group picture and video messaging features, Yahoo search (More info...)

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IntelliDot Gets $13M
San Diego-based IntelliDOT, a provider of healthcare information systems focused on patient safety and workflow, said is has received $13M in a Series C funding. The new round of funding was led by Integral Capital Partners. IntelliDOT said that the funding will be used to expand the market rollout of its systems. IntelliDOT is developing a bedside bar-coding system used to manage medication and nurse workflow.

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Be Jane Appoints Chairman, Gets Investment
Burbank-based Be Jane, an online web site targeting do-it-yourself women, said today that it has appointed Eric P. Meyer as Chairman and Chief Operating Officer. Meyer was previously a founding member of NetFlix. Meyer will oversee expansion, operations, and finance for Be Jane. The company also disclosed that Meyer had invested in the firm. Be Jane is developing web and multimedia content focused on women and home improvement projects.

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Novocell Hires CEO
Irvine-based Novocell has hired a new CEO, saying today that it has appointed Alan Lewis as President and CEO of the firm. Novocell is looking to commercialize stem cell therapies and drugs for diabetes and other chronic diseases. Lewis has served at Signal Pharmaceuticals, Wyeth-Ayerst, and other companies. He also is a director of Discovery Partners International.

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Integrien Taps BPO Provider
Irvine-based Integrien has tapped a business process oursourcing service to implement its solutions at customers. Integrien announced today that it has partnered with MphasiS, a provider of IT and business process outsourcing to sell and implement its integrity management software globally. MphasiS is an outsourcer focused on financial services, high technology, healthcare, and telecom. Integrien is a developer of software for managing distributed IT infrastructure backed by Clearstone and the (More info...)

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Gemstar Signs Samsung
Los Angeles-based Gemstar-TV Guide International has signed a new licensee for its electronic viewing guides, saying today that Samsung Electronics will license its VCR Plus+ and interactive program guides for us in Samsung's digital televisions, digital recording devices, and VCRs. Gemstar said that the agreement renews a previous agreement with Samsung. Gemstar holds patents covering its VCR Plus system for setting up VCR recording times, along with patents around interactive programming guide (More info...)

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