Monday, May 19, 2008Skweezer Partners With SmaatoIrvine-based Skweezer, a provider of mobile advertising and mobile web conversion software, said Monday that it has inked a partnership with Smaato, a provider of mobile advertising technology. Skweezer said it will begin distributing new mobile banner advertising feeds, including banner-based, cost-per-impression (CPM) ads, to its publishers from Smaato, which is an angel-back, Bay area startup. The firm said the deal is limited to distribution initially into Skweezer's Indian market, and will (More info...)
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OleOle Buys Blog SiteLos Angeles-based OleOle, which is developing a user generated, social media site focused on soccer, said Monday that it has acquired Arseblog, a site focused on the Arsenal Football Club. Financial terms of the deal were not disclosed. OleOle is a new web site focused on global soccer (football) coverage, and launched Monday. The firm's CEO is Doug Knittle, who was founder of RazorGator. Arseblog is based in Dublin, Ireland, and was started in February of 2002.
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Interpolls Links With Google On Ad ServingPasadena-based Interpolls announced Monday that the firm has been certified as a third party provider of rich media ad serving for Google's content network. The firm said it will serve its widgets, video banners, and other advertising content on Google's content network web sites. Interpolls creates advertising ad units which includes quizzes, polls, videos, and other types of rich media widgets. According to Interpolls, the certification is the first time Google has let a third party provider s (More info...)
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PC Club Acquired By Los Angeles Venture Capital FirmCalifornia-based PC Club, a bankrupt personal computer retailer, has been acquired by a Los Angeles-based venture capital firm, NAOC Holdings. NAOC said today that it acquired PC Club last Thursday, May 15th, but did not disclose financial details of the acquisition. NAOC said that the acquisition will allow all 37 locations of PC Club, plus its two web sitse, to remain open for business. NAOC is an expansion stage venture capital firm, which manages over $200M in capital. PC Club filed for Cha (More info...)
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Interview with Doug Knittle, OleOleDoug Knittle is the founder of OleOle (www.oleole.com), a new sports-focused, social media web site which is focused exclusively on football (soccer here in the U.S.). Doug was the founder and CEO of Razorgator before he founded OleOle. OleOle just launched a public beta earlier this month, and will be officially launching the site next week.
Tell us a little bit about your site?
Doug Knittle: OleOle is a social media site for football. I came from the ticketing industry, and back in 2001 (More info...)
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Kythera Takes $40M For Aesthetic MedicineLos Angeles-based Kythera Biopharmaceuticals has scooped up another $40M in financing, in a third round, the firm announced today. Kythera said that the new round was led by JAFCO Co. Ltd, and included new investors BBT Capital Management/Apothecary Capital and PFM. Current investors Versant Ventures, ARCH Venture Partners, Prospect Venture Partners, Altitude Life Science Ventures and Wilson Sonsini Goodrich and Rosati also participated. Kythera Pharmaceuticals is focused on biotechnology being (More info...)
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Row 44 Raises $21MWestlake Village-based Row 44, which is developing broadband systems for the commercial aviation market, said today that it has raised $21M in a round of equity investment. The round was led by PAR Capital Management. Row 44 is developing easy-to-install WiFi equipment for commercial airliners, which uses existing commercial satellite networks for connectivity; the firm's hardware is currently in trials with Alaska Airlines and Southwest Airlines. Row 44 said the new funding will be used to expa (More info...)
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Conexant Rolls Out New Audio ChipNewport Beach-based semiconductor manufacturer Conexant Systems has rolled out new chips which target the high definition audio market, the firm said today. Conexant said its new "speakers-on-a-chip" products provides digital audio/voice processors, audio codecs, and Class-D amplifiers into a single chip. The firm said the new device -- the CX20562 -- is targeted at PC sounds systems, speaker systems, LCD monitors, iPod and other MP3 player docking systems, and VoIP speakerphones. Conexant is a (More info...)
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VXI Technology Gets Private Equity InvestmentIrvine-based VXI Technology, a developer of test instruments for industrial, military, and commercial applications, has scored a private equity injection from Alerion Capital Group and Merit Capital. Financial terms of the funding were not disclosed. VXI Technology said the new funding would go to help expand the firm's microwave test systems and LXI product lines. VXI develops test and data acquisition systems, used across a wide range of industries.
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CerviLenz Gets $350KCerviLenz, a firm developing a medical device for allowing obstetricians to measure cervical length in pregnant women, said last week that it has raised $350,000 in an investment. Cervilenz was developed by Dr. Michael Ross, a Maternal-Fetal Medicine specialist and Chairman of Obstetrics and Gynecology at Harbor-UCLA Medical Center, who serves as the company's chairman. The firm is based in Cleveland, Ohio, and the investment came from JumpStart Inc., a Northeast Ohio venture development organiz (More info...)
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