Friday, February 23, 2007Interview with Paul Minor, Founder, iPhotoMeasure
iPhotoMeasure (www.iphotomeasure.com) is a Tarzana-based company which has recently been getting attention for a new software product that measures the dimensions of construction products using just a photograph. Paul Minor is the founder of the company. Paul also told us about where the idea came from, their experience working with angel and venture investors, the problems with being too early with a company to pitch investors, and the "Slashdot" effect. socalTECH's Ben Kuo talked with Paul, (More info...)
posted on Friday, February 23, 2007(Full story)
Local.com Gets Private Placement From HearstIrvine-based Local.com has received $8M in a private placement from Heart Interactive Media, the firm said today. Greenway Capital also participated. Local.com said that the proceeds would be used for general working capital and strategic initiatives, and includes convertible debentures and warrants. Local.com was represented by investment banker GunnAllen Financial in the transaction.
posted on Friday, February 23, 2007(Full story)
Qualcomm, Broadcom Dismiss Patent ClaimsSan Diego-based Qualcom said today that it is in an agreement with Broadcom to dismiss all claims and counterclaims over two Broadcom and two Qualcomm patents. The firm said that the agreement is a result of the dismissal of a San Diego Federal Court Case over patent infringement. The two still have remaining lawsuits and patent infringement claims against each other. The patents involved were among a batch of patents that were divided into five jury trials. The dismissal resolves one of the fiv (More info...)
posted on Friday, February 23, 2007(Full story)
Napster Promotes Execs, Shrinks UK OfficeLos Angeles-based Napster announced this morning it has promoted two of its European executives. Napster has promoted Thorsten Schliesche to VP of Sales and Marketing Europe, and promoted Ian Greaves to Head of Programming Napster UK. Schliesche is based out of Frankfurt. Napster also said that it is centralizing its European sales and marketing in Frankfurt and will scale down its UK office.
posted on Friday, February 23, 2007(Full story)
Dot Hill Taps Manufacturing FirmsCarlsbad-based Dot Hill Systems said Thursday that it has signed a contract manufacturer and supply chain services firm. Dot Hill said it is in a manufacturing agreement with MiTAC International, a contract manufacturing firm, and SYNNEX, an IT supply chain services company. MiTAC will manufacture, assemble, and test Dot Hill's products in China; SYNNEX will provide final assembly, testing and configure-to-order services in Fremont, California and Telford, United Kingdom. Dot Hill is a developer (More info...)
posted on Friday, February 23, 2007(Full story)