Monday, July 21, 2008Gorilla Nation Adds More Ethnic SitesLos Angeles-based Gorilla Nation announced Monday that it has added five new sites to the firm's GNMulticultural vertical. The group, which focuses on multi-cultural marketing, has added three African-American, and two Hispanic web sites. The African-American sites are TheUrbanBlogger.com, SandraRose.com, and NecoleBitchie.com; the Hispanic sites are Canal internet and LatinGossip.com. Gorilla Nation will represent the online advertising inventory of all three sites. Financial impact of the deal (More info...)
posted on Monday, July 21, 2008(Full story)
Boingo Wireless Signs Irish FirmLos Angeles-based Wi-Fi provider Boingo Wireless announced Monday that the firm has inked a deal with free-hotspot.com, a Dublin, Ireland-based provider of Wi-Fi access in Europe. Financial terms of the deal were not disclosed. Boingo said that the deal provides Boingo customers with advertising-free access in 3,500 locations in 18 European countries. Boingo Wireless is a provider of wireless access services, through a network of partners. The firm said its customers now have access to more than (More info...)
posted on Monday, July 21, 2008(Full story)
Venture Capital Investments Flat In Q2, SoCal Still Number Two
PricewaterhouseCoopers and the National Venture Capital Association released its quarterly venture capital survey over the weekend, showing that investments in the Southern California area were essentially flat quarter-to-quarter. According to the MoneyTree Report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA) based on data provided by Thomson Reuters, there was $950M in deals for the second quarter in the Los Angeles, Orange County, and San Diego areas, (More info...)
posted on Monday, July 21, 2008(Full story)
Mindspeed Sells PatentsNewport Beach-based Mindspeed Technologies announced today that it has sold what it describes as "certain non-core patents" for $10M. Terms and buyers of the patents were not disclosed. Mindspeed said the patents came from a broad portfolio of patents which are no longer core to the firm's business focus. Details on the types of patents sold and number of patents was not released by the company. Mindspeed said it has been generating revenue from patent sales in the last year, and expects to enga (More info...)
posted on Monday, July 21, 2008(Full story)
ValueClick Launches Behavioral Targeting ProductWestlake Village-based ValueClick Media said this morning that it has launched a new, predictive behavioral targeting product for the online advertising market. According to ValueClick, the new product, the Precision BT suite, includes an enhanced version of its Precision Retargeting offering and Precision Profiles, a new predictive service for identifying prospects in consumer interest segments. The new offering uses a predictive algorithm to determine which consumers are most likely to click o (More info...)
posted on Monday, July 21, 2008(Full story)
Specific Media Hires Engineering VPIrvine-based Specific Media said today that it has appointed Brian Burdick as Senior Vice President of Engineering at the firm. Specific Media operates an independent online advertising network which targets consumers based on demographic information. Specific Media said that Burdick joins the firm from Microsoft subsidiary AdECN, where he was Chief Technical Officer. According to Specific Media, Burdick was a founding member of Microsoft adCenter prior to his time at AdECN. Burdick will oversee (More info...)
posted on Monday, July 21, 2008(Full story)
Illumina Names VPSan Diego-based Illumina said today that it has appointed Stephen Pentoney as the firm's Vice President of Array Biochemistry. Pentoney will be responsible for Illumina's assay and application development efforts. Pentoney joins Illumnia from Beckman Coulter, having most recently served as Director of Technology Management for Beckman's Molecular Diagnostics Business Center. Illumina develops life science tools and systems.
posted on Monday, July 21, 2008(Full story)
Island Data Moves NorthIsland Data, a firm developing business intelligence software, said today that it has relocated its sales, marketing, and executive headquarters from Carlsbad to San Francisco, in conjunction with the appointment of a new CEO. Island Data said it appointed Craig Brennan, former CEO of Bay Area firm Brio Software, as its CEO, and relocate to the Bay Area for access to industry talent, customers, support services, and access to important media outlets. Impact on employees and employment in Souther (More info...)
posted on Monday, July 21, 2008(Full story)