Monday, April 30, 2007
MaMoCa Raises $750K
Irvine-based MaMoCa, a firm developing motion capture technology for the video game, TV, and movie animation industries, has quietly raised around $750K in an angel round from the Tech Coast Angels, socalTECH has learned. MaMoCa is developing a system that accurately captures movement without requiring the use of traditional "markers", used by animators to accurately capture human and other movements. MaMoCa was a winner of "best presentation" at the Tech Coast Angel's Orange County Fast Pitch C (More info...)

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DevZuz Raises $9.25M From Mission, Redpoint
Marina Del Rey-based open source firm DevZuz has scored $9.25M in venture capital funding from Mission Ventures and Redpoint, the firm said Monday morning. The new firm was formerly Simula Labs, which was previously focused on venture funding of open source projects. DevZuz said it is selling its interest, including technology, intellectual property and customers, in LogicBlaze, Inc. to IONA Technologies as part of the funding and transition. DevZuz will focus on tooling, libraries, and a commun (More info...)

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Interview with Jade Van Doren and Marc Lebovitz, TechForward
Los Angeles-based TechForward ( recently announced a round of venture capital funding from First Round Capital, for a service that allows consumers to lock in a trade in price for their laptop computers at the time of purchase. We spoke with the Jade Van Doren, the company's CEO and co-founder, as well as Marc Lebovitz, co-founder and VP of Operations, to get more insight into the service and company. socalTECH's Ben Kuo conducted the interview.

Thanks for the interview. C (More info...)

posted on Monday, April 30, 2007(Full story)

ReVision Optics Sees $25M
Lake Forest-based Revision Optics has raised $25M in a new round of funding, the firm said today. The round, which was led by Domain Associates, also included Canaan Partners and InterWest Partners as investors. Brian Dovey of Domain will join the firm's board as part of the funding. Revision Optics is developing implantable medical products for vision correction, focused on presbyopia.

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RoyaltyShare Scores $5M
San Diego-based RoyaltyShare, a provider of royalty tracking services for the online music market, said today that it has raised $5M in a Series B venture capital round. The firm said that the funding was led by Trident Capital, and that it may raise additional funding as part of the round. RoyaltyShare also said it is still in discussions with potential strategic investors in the funding round. The new funding will go towards expansion of the firm's operations, including regional offices in Los (More info...)

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Strix In New England Wireless Mesh Deal
Calabasas-based Strix Systems said today that its wireless mesh networking products have been selected by Galaxy Internet Services, for a city-wide deal to provide Wi-Fi connectivity in Newtom Massachusetts. The deal calls for Strix to provide its wireless products as part of a city-wide WiFi network to deliver Internet access to the city's 80,000 residents. The network will provide wireless connectivity to both government agencies and the public, including Newton's police and fire departments. (More info...)

posted on Monday, April 30, 2007(Full story)

CircleUp Launches Beta
Newport Beach-based CircleUp said today that it has debuted a public beta of the firm's social communications services. CircleUp's services allows people to gather responses from groups, ask questions, and manage group related communications. The firm's services, which have been in alpha since a launch at DEMO 07 earlier this year, are targeted at allowing groups to gather reponses from groups for such things as coordinating a soccer team, wedding planning, organizing political efforts, and othe (More info...)

posted on Monday, April 30, 2007(Full story)

Whyville Partners With Kajeet
Pasadena-based online virtual world has add a new feature based on kajeet's pay-as-you-go cell phone service. Whyville has added a new kajeet-branded chat feature to its users, allowing virtual world users to customize their chat bubbles in the world, along with a Friend Finder service, and interactive animated characters in the game. kajeet operates a cell phone service targeted at kids; Whyville operates a online virtual world specifically focused on tweens, kids between the ages (More info...)

posted on Monday, April 30, 2007(Full story)

D-Link Signs Distributor
Fountain Valley-based D-Link, a manufacturer of networking products for the SMB and enterprise IT market, said today that it has signed Power & Tel, a Tennesee-based distributor for the telecommunications and cable market, as a distributor. Power & Tel will offer D-Link's products through its global distribution network.

posted on Monday, April 30, 2007(Full story)

OnHollywood 2007 - May 1-3, Hollywood
OnHollywood 2007
The digital media and entertainment market for executives
May 1-3, 2007
Hollywood Roosevelt Hotel

ONHOLLYWOOD is where cutting-edge technology CEOs from the back streets of Silicon Valley meet the Hollywood digital entertainment and media elite. This two-and-a-half-day executive event features CEO presentations and high-level debates on which forces are disrupting user behavior and creating new opportunities in the video, music, gaming, search, and mobile industries.

Over 700 technology, entertainment and media CEOs, studio heads, business development officers, media buyers, venture capital and private-equity investors, and leading members of the press and blogging community will attend OnHollywood. Over 20,000 webcast viewers from over 100 countries will also tune in and interact with the program. Executives attend OnHollywood to identify and debate emerging trends, build high-level relationships and create new business opportunities.

Create new strategic partner deals, meet big potential customers, find investment capital and representation all at ONHOLLYWOOD 2007.

Special 50% discount for socalTECH members

Do you run a SaaS, On Demand, or ASP web business?
On May 8th we are having our second networking event for executives
who run SaaS business. The meet up will be at a breakfast location
in Long Beach, CA. The event is only for qualified SaaS executives
who have an existing SaaS business. There will be no venders, only SaaS

Want to learn more and view an agenda?

Visit us at
or call us at Mike Jalonen at (310) 295-1193 x702.

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

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