Monday, March 3, 2008
Entretech Entrepreneurship Awards - March 6 - Los Angeles


Thursday, March 6, 2008
5:30 to 9:00 p.m.
A Private Club, Downtown Los Angeles

Join leading entrepreneurs and business executives in celebrating some of the fastest growing High Tech and Life Sciences companies that symbolize the entrepreneurial vigor and excellence in Greater Los Angeles. The prestigious PricewaterhouseCoopers Entretech Entrepreneurship Awards spotlight exceptional companies realizing their potential for market leadership and long-term profitability. Previous winners have gone on to gain esteemed industry awards and a successful IPO (Guidance Software, 12/06). The Awards Program honors leading-edge companies in three categories based on annual revenues.

Register today!

Userplane Tops Friendster Popularity
Los Angeles-based Userplane, the division of AOL which develops chat and instant messaging applications, said Monday that the firm's webchat platform has been ranked number one as the most popular Friendster application. According to Userplane, the firm's application was used by nearly 800,000 members last month of the Friendster social networking web site. Userplane develops web applications which can be embedded into social networking, dating, and other social web sites.

posted on Monday, March 3, 2008(Full story)

Nirvanix Expands Board
San Diego-based storage service provider Nirvanix said Monday that it has added Michael V. Wall to its board of directors. Wall was most recently at Intel Corporation, where he was general manager of the firm's Storage Group. Wall has also served at Cray Research and IBM. Nirvanix is a venture backed firm which provides storage as a service. The firm competes against Amazon and its S3 storage services.

posted on Monday, March 3, 2008(Full story)

Sponsor Post: Thank you to our sponsors!
Thanks to our sponsors, who make this newsletter, feed, and web site possible:

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Sponsor of the Orange County High Tech Report

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William Morris, Accel, Venrock, and AT&T Target SoCal Investments
The William Morris Agency, Accel Partners, Venrock, and AT&T said Monday morning that the firms have agreed to create a new investment firm to seed and grow firms in Southern California. The firms said that a new joint fund will focus on discovering, funding and building companies focused on the "Web 3.0" consumer media technology arena. According to the firms, the new fund will be managed by Richard Wolpert, previously chief strategy officer of RealNetworks and president of Disney Online. Size (More info...)

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Interview with Paul Ryan, Done Right
Paul Ryan is founder and CEO of Done Right (www.Done, a Pasadena-based startup in the lead generation and local advertising industry. The firm is venture backed by August Capital, Mohr Davidow, and others, and recently closed an (unannounced) Series C funding round. We caught up with Paul last week to get the latest on the firm's services, and also to hear Paul's contrast between his experience as CTO of Overture Services and running Done Right. Paul spoke with socalTECH's Ben Kuo.

(More info...)

posted on Monday, March 3, 2008(Full story)

Broadcom Buys Blu-Ray Chip Provider Sunext Design
Irvine-based Broadcom said this morning that it has acquired Sunext Design, a Sunnyvale-based firm which develops semiconductors for the high-definition, Blu-ray Disc market. Broadcom said the deal is worth $48M in cash for all of the outstanding shares of Sunext Design. Sunext Design, Inc. is the U.S. subsidiary of Sunext Technology Company Limited. Sunext develops a single-chip device which connects with Broadcom's Blu-ray Disc systems-on-a-chip. The acquisition has been approved by the board (More info...)

posted on Monday, March 3, 2008(Full story)

Breach Names CFO
Carlsbad-based Breach Security said this morning that it has named Craig Kussman as Chief Financial Officer of the firm. Kussman joins the company from Ascenta Therapeutics. Kussman has also served at Discovery Partners International, SYNAVANT, IMS HEALTH, Cognizant, and Dun & Bradstreet. Breach security develops web application security products for both vulnerability management as well as data leakage prevention.

posted on Monday, March 3, 2008(Full story)

FastSoft Hires New Sales Director
Monrovia-based FastSoft said this morning that it has ppointed a new Direct of Sales for its Eastern Region. The firm said that it has appointed Eric Anderson to the position, to serve the firm's Eastern US and Canadian regions. Anderson has served at Internap, Broadwing Communicaitons, and Arch Communication and is based in Boston. FastSoft is developing products used for accelerating the transfer of dat over the Internet; the firm's technology is based on research from Caltech. The firm is ven (More info...)

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OMMA Global Hollywood Conference & Expo - March 17-18
Welcome to the Machine!

Is the Internet chewing up everything in its path?
Find out at the OMMA Global Hollywood Conference & Expo.

OMMA Global Hollywood is the premier Online Media, Marketing & Advertising event in the industry. We attract over 3,000 agency executives, brand and marketing managers, media planners, buyers, creative directors, sellers and suppliers who live and breath online. OMMA Global is designed to give them actionable information on how to better spend the budgets they already control.

It's a must-see and must-attend event that is unrivaled in the interactive industry.

Please go to and register today.

The Biotech Forum - March 27th, Westlake Village
THE BIOTECH FORUM comes to Westlake Village

Recognizing the importance of access to the investment community, networking with experienced executives and useful business information, The Biotech Forum was created to provide scientists and executives with the resources and network to start and successfully grow new biotech, lifescience and medical device ventures along the San Fernando Valley/Ventura County corridor. The place for biotech/life sciences entrepreneurs to turn for resources and relationships. Keynote Speaker Beth Seidenberg, Partner at the Venture Capital industry titan, Kleiner Perkins Caulfield & Byers.

NEXT EVENT: MARCH 27, 2008. Register today!

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