Thursday, March 20, 2008


Nirvanix, 3Tera Team On Grid Computing Offering
San Diego-based storage as a service firm Nirvanix and Aliso Viejo-based 3Tera, a provider of grid computing technology, said today that the two have partnered on a joint offering. According to the firms, the two are in a partnership where they will offer cloud computing services to companies which includes both storage from Nirvanix and virtual appliances from 3Tera. Nirvanix operates an online storage service which can be used by third party developers to store data, video, images, and other f (More info...)
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Spot Runner Names President, CFO
Los Angeles-based Spot Runner, which provides a web-based method of buying pre-produced television advertising, said yesterday that it has named a new President and hired a CFO. John Gentry has been named President of the firm, reporting to Nick Grouf; Samuel Paisley has joined the firm as Chief Financial Officer. Gentry was most recently Chief Revenue Officer for Spot Runner, and has been at the firm since 2005. Paisley joins the company from ValueClick, where he served at various times as Chie (More info...)
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MySpace Mobile Hits Sprint
Los Angeles-based social networking web site MySpace and telecom carrier Sprint said today that the firms have launched a mobile version of MySpace on Sprint's web-enabled phones. According to the firms, the new MySpace Mobile web site will be a free service, and allow Sprint data subscribers to track their MySpace profiles on their phones. The launch marks the official launch of MySpace's Mobile web site, which was previously available as a beta. The mobile site is part of a deal Sprint and Fox (More info...)
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Greenlight Wireless Signs Orange Madagascar
Irvine-based Greenlight Wireless, which provides services and software to convert web pages into mobile formats, said yesterday that it has signed on Orange Madagascar S.A. as a customer. Orange Madagascar is a provider of wireless services in the country of Madagascar. Financial terms of the deal were not disclosed. According to Greenlight Wireless, Orange Madagascar will use the firm's Skweezer Private Label technology for its mobile Internet portal. The technology will be used to make web sit (More info...)
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Mefeedia Launches Video Search Site
Burbank-based Mefeedia said yesterday that the firm has launched a new video search site, targeted at searching across multiple video sites. The firm's service is targeted at helping users find video from sites such as YouTube, DailyMotion, Metacafe, Hulu, CNN, and other sites; according to the company, its search services cover 15,000 video sites. Mefeedia allows users to search for video based on date, related terms, shows, and via categories. Among the sites that the firm is indexing are web (More info...)
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Bear Stearns Meltdown--What does this mean for tech startups
Yesterday, an early stage tech company -- which does not want to disclose its name -- saw one of its key angel investors pull out of a critical round of financing. The reason: the angel is an employee of Bear Stearns (NYSE: BSC). True, this is a unique situation. But with the extreme turbulence in the financial markets – as well as the slowing economy – there is some anxiety in the tech startup space. So what are some of the takeaways? Let's take a look: "Hunker Down." Based (More info...)
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Mahalo Launches Ratings and Reviews
Los Angeles-based Mahalo, the Sequoia-backed human powered search engine firm, said yesterday that it has launched a new feature which will allow users to rate and review their favorite movies, books, music and travel locations. The new feature, called "My Maholo," are integrated into search results pages and user profiles. The new feature features ratings and reviews from other Mahalo users on the right side of search screens; the reviews are also available through Mahalo's search toolbar. Maha (More info...)
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EON Reality Names New Board Members
Irvine-based EON Reality has named three new board advisors, the firm said this week, including Melanie McCaffery, Magnus Moliteus, and Dr. Walt Scacchi. The firm develops software for creating interactive 3D environments, and which are used to create virtual reality simulation of product designs. McCaffery is a certified public accountant with her own consultancy, and also has served at Coopers & Lybrand; Moliteus is chairman of COM Consulting, focused on the healthcare and pharmaceutical indus (More info...)
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CraveOnline Hires Execs
Los Angeles-based CraveOnline.com, an online web site targeting the men's market, said Thursday morning that it has appointed two new executives. CraveOnline said that it has appointed Derek Rudd as the firm's VP of Consumer Ad Sales, and Varvara Althouse as the firm's West Coast Account Executive. Rudd was most recently VP of North American Sales at Piczo, and also served in similar positions at Fox Interactive Media's IGN Entertainment. Althouse was also recently at IGN Entertainment. CraveOnl (More info...)
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