Wednesday, May 23, 2007
Avanoo Takes On Social Wisdom
Venice, California-based Avanoo announced Wednesday that the company has launched a new site focused on community wisdom. The angel funded site said that it will allow anyone to ask or answer questions on the site. The social question and answer site, which was co-founded by Dan Jacobs and Wilford Sage, said that it recently received an angel investment round of financing. Avanoo competes against such companies as Los Angeles-based SodaHead, Seattle-based MegaBuzz, Los Angeles-based BuzzDash, Is (More info...)

posted on Wednesday, May 23, 2007(Full story)

SIPphone Releases Local Call Service
San Diego-based SIPphone, the voice-over-IP phone service started by's Michael Robertson, announced the release of a calling service targeted at saving on international and long distance calls today. The new service is based on the assignment of local telephone numbers, which are given specifically to friends or businesses to call. The numbers allows people to call users of the firm's SIPphone service toll free via local numbers. The service allows international callers to call local num (More info...)

posted on Wednesday, May 23, 2007(Full story)

Prolacta Bioscience Raises $12M
Monrovia-based Prolacta Bioscience has raised $12M in a funding round, the firm said today, in a round led by Alta Partners. The round also included DFJ Frontier, Arcturus Capital, DFJ Mercury, Funk Ventures, Phillip Capital, Gideon Hixon Fund, and Draper Associates L.P., along with other investors. Prolacta is developing a human milk fortifier made from human milk, for use in neonatal intensive care units. Alison de Bord of Alta Partners has joined the company's board along with the funding.

posted on Wednesday, May 23, 2007 (More)(Full story) Goes Mobile
Irvine-based, an online local search engine, said today that it has launched a new mobile version of the firm's services. The company said that Local Mobile is a ad-supported, mobile site which allows users to search by keyword and location from their wireless phone or device. The firm is tapping Trilibis Mobile for its mobile services. provides local business listings and other localized information through its search engine.

posted on Wednesday, May 23, 2007(Full story)

Transonic Combustion Gets Second Round
Camarillo-based Transonic Combustion, which is developing an advanced fuel injection system to improving the fuel economy of automobiles, said Tuesday afternoon that it has closed a second round of venture capital funding. The round was led by Venrock, and also included Rustic Canyon and Khosla Ventures. Amount of the funding was not disclosed. The firm's CEO, Mike Cheiky, said in a statement that the second round was accelerated to allow the firm to proceed from currently single cylinder test e (More info...)

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Sonos Ships Bundle, Ties Into Pandora
Santa Barbara-based Sonos announced today that it is shipping a new equipment bundle for the firm's popular wireless music systems. THe company said that its new Sonos Bundle 130 includes its Sonos ZonePlayer 80, ZonePlayer 100, and Sonos Controller 100, a complete two-room system. The bundle will retail for $999. Separately, the firm said that its latest system software will now support the Pandora online personalized radio service. Sonos said its upgraded software will allow its users to strea (More info...)

posted on Wednesday, May 23, 2007(Full story)

Qualcomm To Invest Euro 100 Million In European Ventures
QUALCOMM, the San Diego-based wireless giant, said today that it has committed to invest euro 100 million in European companies offering technologies and services in the wireless arena. The firm said that it will focus on small- to medium-sized enterprises and startups serving the 3G WCDMA market. The venture capital investments will go towards mobile application/platform software developers, handset components, network infrastructure, and core technology providers. As part of the fund, QUALCOMM (More info...)

posted on Wednesday, May 23, 2007(Full story)

SMC Networks Licenses WiFi Software
Irvine-based SMC Networks and SolutionInc Limited disclosed this morning that the two companies are in an OEM agreement, which will allow SMC Networks to embed a portion of SolutionInc's proprietary tunneling software technology into one of SMC's wireless cable modem gateways. The deal is targeted at the pay-per-use, public access hotspot market, and allows carriers to offer localized billing, splash pages, and business models independent of the network environment and infrastructure. SolutionIn (More info...)

posted on Wednesday, May 23, 2007(Full story)

ESET Signs OEM Agreement
San Diego-based ESET, a provider of threat protection and antivirus software, announced this morning that it is in an OEM agreement with SAFE-PROTECT, a IT security firm based in Paris. ESET said that SAFE-PROTECT has integrated the firm's NOD32 Antivirus software into its network security appliance. Financial details of the OEM agreement were not disclosed. ESET said that the combined solution will be used to block malware in the appliance, and that the new Safe-Protect BOX with NOD32 will be d (More info...)

posted on Wednesday, May 23, 2007(Full story)

QLogic Ships Blade Networking Card
Aliso Viejo-based QLogic has shipped a new, combination Ethernet and Fibre Channel expansion card for IBM's popular BladeCenter servers, the company said Tuesday. The new combo expansion card combines both a 4GB Fibre Channel and two 1G Ethernet networking ports. The new card is the first card for IBM's blade computing platform to offer both types of networking technology in a single slot. Blade server products are high-density, power- and cooling-managed servers being used by enterprises to pac (More info...)

posted on Wednesday, May 23, 2007(Full story)

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