Tuesday, September 18, 2007


3Tera, Emergent Game In Grid Computing Deal
Aliso Viejo-based 3Tera and Calabasas-based Emergent Game Technologies said today that the two companies have partnered on grid computing for the game industry. 3Tera is a developer of grid computing products; Emergent Game Technologies develops software tools for massively multiplayer game developers. The two said they would explore the integration of 3Tera's grid computing technologies with Emergent's gaming platform; further details of the collaboration were not disclosed. Emergent Game Techn (More info...)
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GoTV Networks Teams With Tide On Online Content
Sherman Oaks-based GoTV Networks, a producer of mobile content, said Tuesday that it has launched a new, original programming series in conjunction with Tide laundry detergent. GoTV said that the series, Crescent Heights, will be featured on both Tide's web site and GoTV's broadband and mobile offerings. Terms of the deal between GoTV Networks and Tide were not disclosed. GoTV Networks develops programming specifically made for mobile devices, and is funded by Bessemer Venture Partners, Charles (More info...)
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EdgeCast Expands CDN Network
Los Angeles-based EdgeCast,a provider of content delivery network (CDN) services, has expanded in Atlanta, Dallas, and Seattle, according to Internet colocation provider Switch and Data. Switch and Data said Tuesday morning that EdgeCast has expanded into the three new locations. EdgeCast provides media and entertainment customers with rich media distribution, which distributes data to Internet exchanges for faster delivery to end users.
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Shopit Launches Social Networking App
New Los Angeles-based startup Shopit announced today that the firm has launched a new service which allows users to build storefronts for their social networking profiles. Shopit says that it has received venture funding, but has not disclosed investors in the firm. ShopIt allows users to set up an online store, and maintain the same store across multiple social networking or other web sites. According to ShopIt, its e-commerce service supports sites like MySpace, LiveJournal, Xanga, Facebook, a (More info...)
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PC Mall Completes SARCOM Buy
Torrance-based PC Mall has completed its acquisition of SARCOM, a provider of IT Solutions, the company announced Monday afternoon. PC Mall paid $55M in a combination of cash and stock for SARCOM, which provides enterprise hardware and software, along with services. SARCOM is headquartered in Columbus, Ohio. The deal was originally announced in August. PC Mall is an online and catalog retailer of hardware, software, and other technology.
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Nirvanix Raises $12M
San Diego-based Nirvanix, a provider of Internet storage services, said today that it has raised $12M in a venture capital round. The round was led by Mission Ventures and Valhalla Partnres, and also included Windward Ventures. Nirvanix said that the funding will be used to expand its business-to-business storage service. The Nirvanix storage service competes against Amazon's S3 storage services,
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Veoh Links To NCAA Football Content
Veoh, the Los Angeles and San Diego-based video sharing startup backed by Michael Eisner, has inked a new deal for a NCAA Football section of the firm's services. Veoh said that it has signed a deal with Collegiate Images, LLC, to launch a NCAA Football channel on its service. The new content includes football game highlights from the NCAA, which users can view and also embed on their MySpace and other social networking site pages and blogs. Financial terms of the deal were not disclosed. Colleg (More info...)
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Ripe Digital Entertainment Joins Joost
Los Angeles-based Ripe Digital Entertainment, a venture-backed online producer of digital video, announced today that it will bring its three content networks to the Joost Internet television service. Joost, the latest startup from Janus Friis and Niklas Zennstrom, founders of Internet calling service Skype, offers high-quality Internet television. Ripe said its RipeTV, OctaneTV, and FlowTV services will be available on the Joost service. All three services from Ripe offer professionally produce (More info...)
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Telanetix Completes AccessLine Buy
San Diego-based videoconferencing equipment maker Telanetix has completed its acquisition of Accessline Communications, a provider of hosted VoIP services, the firm said today. The deal was worth $34.9M. AccessLine will become a wholly owned subsidiary of Telanetix. According to Telanetix, Accessline had gross revenues of $24.3M in its fiscal year ended December 31, 2006.
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RoyaltyShare Adds Digital Video Support
San Diego-based RoyaltyShare, a provider of royalty tracking and other products for the entertainment industry, said this morning that it has added support for tracking digital video sales to its system. The firm said that it now includes automated processing of digital video sales data from services such as iTunes, AOL, Yahoo/Launch and Music Choice. The new services are an extension of the royalty tracking and accounting the firm already does on downloaded music tracks. RoyaltyShare is venture (More info...)
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The Active Network Signs YMCA
San Diego-based The Active Network, a provider of software for the nonprofit and community service sector, said Tuesday morning that it has signed on the YMCA of the Greater Houston Area as a customer. The Active Network said that the Houston YMCA is the third largest YMCA in the nation. According to Active, the deal calls for the YMCA to use its software for managing its 38 centers and 800,000 participants; the firm's software is used for tracking membership activity, administering financial re (More info...)
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Xirrus Gets Win At Connexus
Westlake Village-based Xirrus, a provider of Wi-Fi networking products, said Tuesday that Connexus has selected the firm for a company-wide Wi-Fi rollout. Financial terms of the deal were not disclosed. The Xirrus hardware will be deployed in the Connexus Mountain View, El Segundo, and New York offices. Xirrus is venture backed by August Capital and US Venture Partners.
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