Friday, May 30, 2008NeuroVigil Lands $250K From DFJLa Jolla-based NeuroVigil, a spinout of the Salk Institute, has scored a seed funding round of $250,000 from Draper Fisher Jurvetson, DFJ Frontier, and Zone Ventures. Draper Fisher Jurvetson announced the investment Friday, saying that the startup gained the funding after winning its annual business plan competition, the DFJ Venture Challenge. NeuroVigil is using brain analysis to treat sleep disorders such as sleep apnea; the firm was founded by Dr. Philip Low, a graduate student at The Salk In (More info...)
posted on Friday, May 30, 2008 (More)(Full story)
AeroVironment Gets UAV Win In The NetherlandsMonrovia, California-based AeroVironment said Friday that the firm has been awarded a contract for its Raven unmanned aircraft systems by The Netherlands Ministry of Defence. According to AeroVironment, the contract is worth $7.7M. AeroVironment's Raven RQ-11B is an unmanned aircraft used by the defense and military; the UAV is currently used by the U.S. armed forces and others for reconnaissance, surveillance, and target acquisition. The company said the deal includes new aircraft systems, trai (More info...)
posted on Friday, May 30, 2008(Full story)
Peerless Systems Aborts Prism Software BuyEl Segundo-based Peerless Systems Corporation said Friday that it has terminated its asset purchase agreement with Prism Software Corporation. According to Peerless, it said that some of the conditions to close the transaction with Prism were not satisfied, and it determined it was in the company's best interest to pursue other opportunities. Peerless had announced that it would buy Prism Software, a developer of document management software, in February. That move followed the sale of what the (More info...)
posted on Friday, May 30, 2008(Full story)
IN-FUSIO Grabs "Get Smart" RightsLos Angeles-based IN-FUSIO, a developer of mobile games and content, said Thursday that it has licensed the mobile gaming rights to Warner Bros.' upcoming motion picture, Get Smart. Financial details of the license were not announced. IN-FUSIO said it would develop a mobile game based on the motion picture from Warner Bros. Pictures and Village Roadshow Pictures, which will combine puzzle solving, combat, and mission-based gameplay. The deal also includes movie content, wallpapers, theme music, (More info...)
posted on Friday, May 30, 2008(Full story)
Skweezer Targets Google AdSense With UpgradeIrvine-based Skweezer, a provider of a mobile advertising network and service for converting web sites to mobile format, said Thursday that it has upgraded its online advertising system, with an eye on Google's dominant AdSense advertising program. According to the firm, its upgrade now works for both desktop and mobile ads, and supports ASP, ASP.NET, PHP, or JavaScript code. The company said that its ad system automatically adjusts and reformats ads based on the visitor's device type, and also (More info...)
posted on Friday, May 30, 2008(Full story)