Wednesday, July 23, 2008
Aptera Scores Funding From Google
Carlsbad-based electric car startup Aptera Motors has scored $2.75M in funding from Google's nonprofit arm, and its RechargeIT initiative, Google said Wednesday morning. Aptera is developing both all-electric and hybrid vehicles. According to Google, Aptera Motors to receive an investment from the organization after responding to an RFP from teams relevant to its goal of accelerating adoption of plug-in hybrid vehicles. Lithium-ion battery technology firm ActaCell, based in Texas, al (More info...)

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RealGifts Rolls Out Real Facebook Gifts
San Diego-based RealGifts, a privately funded startup focused on the Facebook application market, said today that it is rolling out a new Facebook application which actually provides real, physical gifts to Facebook users. The firm said its new application allows users to buy gifts, which are then gift wrapped and sent to users via the mail. RealGifts said that users can purchase gourmet treats, bath and beauty products, and novelty items from the firm's application, which sends a virtual wrappe (More info...)

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Verimatrix Gets Funding From Goldman Sachs
San Diego-based Verimatrix announced this morning that the firm has scored a new, Series C round of funding led by Goldman Sachs. Prior investors Crescendo Investments, Cipio Partners and Mission Ventures also participated in the round, with Goldman Sachs' Rohit Malhotra joining the firm's board of directors. Verimatrix said the funding will go towards aggressive business expansion and to accelerate deployment of its products. Verimatrix develops software-based content security products for pay (More info...)

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WD Announces 10,000 RPM Drive For Enterprise Market
Lake Forest-based WD, a manufacturer of hard disk drives, announced a new, 10,000 RPM, 2.5-inch SATA drive targeted at the enterprise market. WD said its new WD VelociRaptor drives are focused on blade servers and 1U and 2U rack servers, and will provide up to 300GB of capacity. The new drives use the smaller, 2.5-inch form factor to reduce energy use and consume a smaller amount of physical space. WD also said that the reliability of the drive is aimed at business-critical, enterprise applicati (More info...)

posted on Wednesday, July 23, 2008(Full story)

Digital Performance Releases Search Numbers
Long Beach-based Digital Performance, an online automotive information web site backed by Momentum Venture Management, released its search numbers today, telling socalTECH that the firm has now had over one million searches on its aftermarket parts guide since its launch a year ago. The firm provides a shopping site focused on aftermarket automotive parts. The firm received $500K in a funding round from Momentum Venture Management at the end of 2006, and is currently headed by Momentum Ventures' (More info...)

posted on Wednesday, July 23, 2008(Full story)

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