Tuesday, October 24, 2006Q3 2006 Southern California VC Investments Hit $835.3MPricewaterhouseCoopers and the National Venture Capital Association have released the Money Tree venture capital results for Q3 of 2006, showing that Southern California investments reached $835.3M in the quarter, second only to Silicon Valley in the total dollars invested in the region. (Disclosure: PricewaterhouseCoopers is a sponsor of socalTECH). Nationally, there was $6.2 billion invested in 797 deals, down by 8 percent from Q2, but the best third quarter since 2001. The quarter also mark (More info...)
posted on Tuesday, October 24, 2006(Full story)
Interview with Kelly Anderson, CEO of SendioOur interview today is with Kelly Anderson, the new CEO of Sendio (www.sendio.com). Sendio is developing spam filtering technology based on verifying addresses of email senders. Anderson gave us some of his perspectives on the firm and his goals as the new CEO.
Ben Kuo: For the readers that aren't familiar with Sendio, what do you do?
Kelly Anderson: Sendio is an early stage startup that has been around since 2004, looking at the problems of solving spam and antivirus issues, as it applie (More info...)
posted on Tuesday, October 24, 2006(Full story)
Microsemi Buys PowerDsineIrvine-based Microsemi, a manufacturer of analog and mixed signal semiconductors, said today that it is in an agreement to purchase Israel-based PowerDsine Ltd. PowerDsine develops power-over-Ethernet products. The deal is worth $245M in a combined cash and stock deal. Power-over-Ethernet products are used for powering network devices, including WLAN access points, VoIP phones, and remote security cameras without requiring additional A/C connections. POwerDsine has approximately 136 employees wo (More info...)
posted on Tuesday, October 24, 2006(Full story)
Newport Buys Laser Business From PicarroIrvine-based Newport Corporation, a maker of advanced photonics technologies for the scientific, aerospace, defense, and industrial manufacturing market, said yesterday that it is in a definitive agreement to buy the Laser Product business of Picarro. The Ottawa, Canada-based business designs and manufacturings solid-state lasers for the life and helath science, and process control market. Newport said that the business will become part of its Spectra-Physics Lasers Division. Terms of the transc (More info...)
posted on Tuesday, October 24, 2006(Full story)
Boodle Ties Into ValpakSan Diego-based Boodle said today that it has signed on Valpak.com, a local coupon content Web site, to carry its printable grocery coupons. Valpak.com, which provides local coupons on its web site and through direct mailings, will provide Boodle's online grocery coupons to visitors to its web site. Valpak is owned by Cox Target Media, a subsidiary of Cox Newspapers. Boodle operates an online grocery coupon service distributed through local newspaper web sites, and is backed by Gannett, The Copl (More info...)
posted on Tuesday, October 24, 2006(Full story)
Juice Signs College TonightLos Angeles-based Juice Wireless, a mobile content sharing community, said this morning that College Tonight, a social networking web site focused on college students, will use the company's JuiceCaster service to enhance its products. Terms were not disclosed. Juice Wireless allows users to capture pictures and video on their cell phones, and share their content with other users. The firm's application will allow College Tonight members to directly upload their photos and videos to their online (More info...)
posted on Tuesday, October 24, 2006(Full story)
iQstor Rolls Out Storage SystemNewbury Park-based iQstor announced today that its 4Gb/s Fibre Channel storage system, the iQ2880, is generally available. The developer of storage systems for the small and medium enterprise said that the storage system provides 4Gb/s Fibre Channel storage support, integrated with volume management and virtualization, mirroring and snapshot, and other management features. The storage device supports both high performance FC drives or low cost SATA drives, for a capacity of up to 11.25TB.
posted on Tuesday, October 24, 2006(Full story)