Thursday, September 7, 2006
California Technology Ventures Closes $100M Fund
Pasadena-based California Technology Ventures has closed a new, $100M venture capital investment fund, California Technology Ventures II, LLC, the fund said today. The fund will focus on early stage companies in the fields of information technology and life sciences. The fund has promoted Dorothy Pavloff to Managing Director, and Dr. Michael Nobel has joined as Venture Director. Nobel is also head of the Nobel Family Society, of the Nobel Prize. The firm also disclosed three investments by the f (More info...)

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Movielink Adds Indies
Santa Monica-based Movielink, the online broadband video-on-demand provider, has signed on a number of independent film firms for its online library. The firm has signed Magnolia Pictures, THINKFilm, Hart Sharp Video, Wolfe Video, Tempe Video, Wizard Entertainment, Media Blasters, Associated Television International and Inecom Entertainment Company, as well as other independent film companies, to provide films for its download service. The deals add 100 new titles to its catalog, and comes in co (More info...)

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Disney Launches Digital Camera Line For Kids
Burbank-based Disney has rolled out a new digital camera line for children, the company announced this morning. The new Disney Pix digital cameras are designed for kids and "tweens" and are tied into Disney characters and themes. The new products, which are coming from Disney's Consumer Products division, start at $19.99 and include Disney branded photo editing software. Disney is tapping Digital Blue, a manufacturer of consumer electronic products for children, for the new photo line. The camer (More info...)

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French Company Buys San Diego Battery Firm
Uniross, a French provider of rechargeable batteries and chargers, said today that it has acquired North American Battery Company (NABC), a San Diego-based developer of rechargeable batteries. Financial terms were not disclosed. The two are rolling out a new, ready-to-use rechargeable battery under the brand "Hybrio", which allows consumers to purchase a fully charged batteries in the package. The firms market batteries under the names Ultralast, Again and Again, and Uniross.

posted on Thursday, September 7, 2006(Full story)

Astroleap Launches Mobile Coupon Service
San Diego-based Astroleap, a new company developing location based services, said today that it is rolling out a new, mobile coupon service. The firm said that its eureka!mobile software allows users to access, save, and redeem location-based coupons, discounts, and promotions. The firm said that the service is initially launching for Southern California Cingular customers, and that it has over 1,000 local businesses signed up to provide coupons. The company said that brands offering discounts i (More info...)

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Iomega Rolls Out Mac Storage Device
San Diego-based Iomega has rolled out a new storage device targeted at Apple Mac OS X users, the firm said today. The company said that its new UltraMax 650GB Desktop Hard Drive is targeted at providing Mac users with high-capacity storage that matches the Apple Mac Pro and Power Mac design. The new device provides RAID O protection and USB 2.0 connectivity, and is preformatted to the Mac HFS+ file system. The new storage system is priced at $449.95.

posted on Thursday, September 7, 2006(Full story)

KFx Gets $2M In Working Capital
San Diego-based medical devices firm KFx Medical has received $2M in a working capital loan facility, the firm reported Wednesday. The funding came from Lighthouse Capital Partners. KFx is developing a device for minimally invasive percutaneous repair for rotator cuff repair. KFx is backed by Charter Life Sciences, Arboretum Ventures, Montreaux Equity Partners, and MB Ventures.

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