Tuesday, January 22, 2008Spot Runner Acquires GlobeshooterLos Angeles-based, Internet advertising and video firm Spot Runner said Tuesday that it has acquired Globeshooter, a network of independent filmmakers, videographers, photographers, producers, and production companies. Financial terms of the deal were not disclosed. Spot Runner said it will rename Globeshooter the Spot Runner Production Network. Simon Foster, the founder of Globeshooter, will join Spot Runner as part of the acquisition. Spot Runner is venture backed by Battery Ventures and Index (More info...)
posted on Tuesday, January 22, 2008(Full story)
Boingo Partners With JiWire On Ad DealLos Angeles-based Boingo Wireless said Tuesday that it is in a deal with JiWire to sell and serve Wi-Fi advertising at airports. Boingo said that JiWire will serve up advertising on its 28 Wi-Fi networks at airports in the U.S. and UK. Financial terms of the deal were not disclosed. JiWire is a provider of an advertising network based on location-aware advertising. Boingo Wireless is an operater of a network of Wi-Fi hot spots in airports, hotels, and other public areas; the firm's airport reach (More info...)
posted on Tuesday, January 22, 2008(Full story)
North American Scientific Gets $15.5M In PIPEChatsworth-based North American Scientific said Tuesday that it has closed on a $15.5M private placement of its common stock. The funding came from venture capital firms Three Arch Partners, CHL Medical Partners, and SF Capital Partners. According to the firm, Three Arch invested $10M in the company; CHL $3M, and SF Capital Partners $2.5M. The sole placement agent for the transaction was Oppenheimer & Co. North American Scientific develops radiation therapy products used for the treatment of can (More info...)
posted on Tuesday, January 22, 2008(Full story)
Interview with Joshua Paul and Tony Katz, AweliWe recently ran into Aweli (www.aweli.com), a startup based in Porter Ranch, which is preparing to launch its first product, targeted at helping small and mid sized businesses create video advertisements. The firm won "Best Investment Opportunity" at a Tech Coast Venture Network event last year, and is closing on a round of funding, so we thought we'd hear a bit more about its offerings, and how it hopes to serve the video advertising market. We spoke with Joshua Paul, the firm's CEO, and Tony K (More info...)
posted on Tuesday, January 22, 2008(Full story)
Quest Software Acquires VizioncoreAliso Viejo-based Quest Software said Monday afternoon that it has acquired Vizioncore, Inc., a provider of disaster recovery software for the virtualization market. Financial details of the acquisition were not disclosed, however, Quest already held a controlling interest in Vizioncore, which it acquired in 2005. Vizioncore develops backup, virtualization management, and other software for the VMware virtualization market. Vizioncore's products will become part of Quest's portfolio of virtuali (More info...)
posted on Tuesday, January 22, 2008(Full story)
Epicor Gets Shareholder Approval For AcquisitionIrvine-based Epicor Software said today that shareholder of NSB Retail Systems PLC have approved the firm's $322M acquisition of the UK-based provider of software for the specialty retail market. Epicor said that the acquisition still remains subject to both U.S. regulatory and UK Court approval. The firm said it expects to receive approval by February 7. Epicor announced its acquisition of NSB Retail Systems in December.
posted on Tuesday, January 22, 2008(Full story)
Covario Raises $16MSan Diego-based Covario, a provider of search engine marketing software and services, said today that it has raised $16M in a Series B funding round. The company, which was until yesterday known as SEMDirector, said the funding came from FTVentures, and also included prior investor Dubilier & Company and Voyager Capital. The firm said it will use the funding to grow its search automation solutions, and for its expansion into display and video advertising. Eric Byunn of FTVentures will join the f (More info...)
posted on Tuesday, January 22, 2008 (More)(Full story)
Communicado Appoints Anderson As Sales VPCosta Mesa-based Communicado said today that it has hired on Kelly Anderson as the firm's Senior Vice President of Sales. Communicado, which develops software for managing voice-over-IP and other communications systems, said Anderson will be responsible for strategic business development at the firm. Anderson joins from Sendio, where he was CEO; Anderson has also previously served at Nortel, GoRemote Internet Communications, IP3 Networks, and as an EIR at Tech West Ventures. Communicado was form (More info...)
posted on Tuesday, January 22, 2008 (More)(Full story)
Evite Hires ExecLos Angeles-based Evite, a provider of online event planning software and services, said today that it has hired Rosanna McCollough as the firm's General Manager. Evite, which is owned by Barry Diller's IAC, said that McCollough will oversee all aspects and activities of the company from product and technology to marketing and business development. McCollough joins the firm from WeddingChannel.com, and has also served at Twentieth Century Fox Film Corporation Licensing & Merchandising and other (More info...)
posted on Tuesday, January 22, 2008 (More)(Full story)