Monday, May 5, 2008Verve Wireless Gets Win With APThe Associated Press said today that it has debuted a new, mobile news portal focused on wireless users. The new portal is powered by Encinitas-based Verve Wireless, a developer of wireless software for online publishers. The AP's web application allows users to access international, national, and local news content from the AP and its members. Verve Wireless was selected by the Associated Press as a technology provider for the network, in a deal which was announced last month. Financial details (More info...)
posted on Monday, May 5, 2008(Full story)
CraveOnline Buys Two Hockey Web SitesLos Angeles-based CraveOnline, an online operator of web sites for men, said Monday that it has acquired two hockey web sites, HockeysFuture and HFBoards. Financial terms of the acquisition were not disclosed. HockeysFuture is a wbe site covering developing players in hockey, focused on the NHL draft; HFBoards is an online site for hockey fans to discuss prospects, trade rumors, and the NHL. According to AtomicOnline, parent company of CraveOnline, the acquisition is part of a strategy to grow o (More info...)
posted on Monday, May 5, 2008(Full story)
socalTECH: More than our RSS feed!
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These resources -- and more -- are at web site. Check them out!
posted on Monday, May 5, 2008(Full story)
Dispatch and Tracking Systems AcquiredNewport Beach-based Dispatch & Tracking Systems, a provider of software for automating dispatch, tracking, and management of tow trucks, has been acquired. Houston-based C:Logic, which develops software for the industry, did not disclose financial terms of the deal. Disaptch & Tracking Solutions was angel backed by the Tech Coast Angels, which made an investment in the firm in October of last year. According to C:Logic, DTS will become a wholly owned subsidiary of the firm, and continue to maint (More info...)
posted on Monday, May 5, 2008(Full story)
Staccato Expands Sales TeamSan Diego-based Staccato Communications, a provider of ultra wideband (UWB) and Certified Wireless USB semiconductors, said Monday that it has expanded its sales team. According to the firm, it has appointed Jeff Gray as the firm's Vice President of Worldwide Sales and Business Development, Manjul Agrawal to Director of Sales for Japan and Korea, Hoffei Hou to Director of Sales for Taiwan and Greater China, and Sampan Chen as Field Applications Engineering Director for Asia. The expanded team fo (More info...)
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Southern California: The New Detroit?Recently, the CEO of GM (NYSE: GM), Rick Wagoner, extolled the importance of electric cars. It does seem like a no-brainer, especially in light of environmental concerns and the soaring price of crude. In fact, the mega car company is exploring many alternatives, such as fuel cells, ethanol, hybrids and so on.
Of course, it’s all good news for a variety of companies in southern California, which are developing next generation car technologies. “Southern California is the home to a my (More info...)
posted on Monday, May 5, 2008(Full story)
Histogen Gets $5.35MSan Diego-based Histogen said Friday that it has raised $5.35M for its regenerative medicine products. According to the firm, the round came from Secure Medical Inc., CellCeuticals Skin Care Inc., and angel investor Leonard H. Laving of Alberto-Culver Company. The firm said it is developing solutions based on newborn fibroblasts; the firm's products are targeted at hair growth, wound, and hernia repair. The firm said the funding will go towards Phase 1 clinical trials and 510k submissions, as we (More info...)
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Storybids Takes On Product Placement In User Generated VideoIrvine-based Storybids said today that it has launched a new product placement marketplace, aimed at connecting advertisers with online video content creators. According to Storybids, the firm is venture funded by STN Labs, and will help online video content creators get paid for featuring physical products in their user generated videos. The firm cited a study showing that consumers are "far more receptive" to product placement in online videos than interruptive TV ads. To that end, the firm al (More info...)
posted on Monday, May 5, 2008(Full story)
InfoSonics Gets $45M Credit FacilitySan Diego-based InfoSonics is reporting today that it has added a new, $45M, two-year credit facility with Wells Fargo Century. Infosonics, which is a provider and distributor of wireless handsets in Latin America, said the credit facility replaces an existing credit line from Wlels Fargo HSBC Trade Bank. The amount available to the firm depends on accounts receivable and inventory levels.
posted on Monday, May 5, 2008(Full story)