Monday, September 10, 2007
Twistbox Raises $19.5M
Los Angeles-based Twistbox Entertainment said Monday that it has raised an additional $19.5M in a funding round, from an affiliate of ValueAct Capital and other, unnamed strategic investors. Jimmy Price of ValueAct has joined the firm's board as part of the funding. The firm said that the capital will be used to launch new products. Twistbox is a developer of mobile entertainment titles, including WAP sites, mobile TV, and mobile games. Twistbox is headquartered in Sherman Oaks.

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Schematic Acquired By WPP
Los Angeles-based interactive design agency Schematic has been acquired by WPP, WPP said this morning. Financial terms were not disclosed. WPP Digital said that it has acquired Schematic as a part of its strategy to develop its networks; it reported that Schematic had revenues of $29.6M for the year ended March 31, 2007. Schematic employs 255 people in Los Angeles, New York, Boston, Atlanta and San Jose, Costa Rica.

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Eisner's Prom Queen Expands Distribution
Beverly Hills-based Vuguru, the online new media studio funded by former Disney CEO Michael Eisner, said Friday afternoon that it has signed on a number of distributors for its "Prom Queen: Summer Heat" series. The spinoff of the firm's "Prom Queen" online series will be available on Bebo, MySpace, YouTube, Veoh, Verizon Wireless V CAST Video, Imeem, Revver, and Blinkx. Vuguru also said that it has signed a distribution deal with VideoEgg's online advertising program, and tied into (More info...)

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ajax13 Rolls Virtual Desktop App
San Diego-based Ajax13, a company headed by former founder Michael Robertson, said today that it has launched ajaxWindows, an online, AJAX-based web virtual desktop. The new product allows users to upload all of their PC desktop documents, and access them via the web. According to Ajax13, the new service provides access to home and work desktops through PCs, handhelds, and PDAs. Ajax13 develops AJAX-based web applications, including a word processor, spreadsheet, drawing application, and (More info...)

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Gorilla Nation Names Sales VP
Los Angeles-based Gorilla Nation, an online advertising representation firm, said today that it has named Matt Stodder as VP of Sales Strategy & Operations. Stodder was most recently Director of Ad Solutions for Yahoo! Entertainment, and has also prieviously served at and Stodder will head up the firm's sales iniatives. Gorill Nation represents the online ad inventory of web publishers, which it sells to brand advertisers. The firm is venture backed by Great Hill Partners (More info...)

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Emulex Ties Into VMware
Costa Mesa-based Emulex said today at the VMworld conference in San Francisco that it has released a new solution which combines its technology with networking products from Cisco, for the VMware virtualization software environment. Emulex said that the solution combines its LightPulse host bus adapters with Cisco's MDS Fibre Channel networking hardware specifically for use with VMware's software virtualization product. The product takes advantage of the N-Port ID Virtualization (NPIV) standard (More info...)

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Fonality Ships Appliance
Los Angeles-based Fonality, a provider of Asterisk-based Voice-over-IP software, said this morning that it will begin shipping a new appliance with its trixbox Pro software pre-loaded. The firm said that the new alliance with make it simpler and faster to deploy its products. The firm had previously only shipped its trixbox Community Edition software on an appliance platform. Fonality's software, which is based on the open source Asterisk PBX software, is used by small and medium businesses to r (More info...)

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Conexant Ships Wireless Chip
Newport Beach-based Conexant Systems said today that it has shipped a new chip for the 802.11n wireless standard. Conexant said that its new single-chip product is targeted at being designed into printers, portable media players, cellular handsets, and USB sticks; the low-power products are used by manufacturers to provide wireless capabilities to hardware designs. Conexant said that the new products are available in production and have already been designed in by several original development ma (More info...)

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