Tuesday, October 21, 2008AudioMicro Raises Series A FundingLos Angeles-based AudioMicro, an online marketplace for user-generated commercial music, is announcing tomorrow that it has raised a Series A funding round. The funding was actually disclosed earlier this month via a regulatory filing, as well as through this weekend's PricewaterhouseCoopers/NVCA venture capital survey. The financing round was led by DFJ Frontier, and Scott Lenet of DFJ will join the firm's board of directors. AudioMicro is not announcing the amount of the Series A funding, howe (More info...)
posted on Tuesday, October 21, 2008(Full story)
Vivometrics Gets $19.9MVentura-based Vivometrics, maker of medical monitoring technology, has raised $19.917M in funding, according to numbers released by this week's PricewaterhouseCoopers/NVCA venture capital report. Details of the funding were not disclosed. Vivometrics makes the "LifeShirt," a medical device which monitors such things as breathing patterns, cardiopulmonary information, and other medical data on ambulatory patients via a wireless connection.
posted on Tuesday, October 21, 2008 (More)(Full story)
Port Logistics Group Buys Two SoCal FirmsVenture funded Port Logistics Group, a new rollup focused on the transportation, logistics, and distribution industry, said today that it has acquired Rancho Dominguez-based Transport Express, and City of Industry-based 3rd Party Enterprise/Operon, two logistics providers based in Southern California. The firm--which launched itself today with a undisclosed amount of funding from Austin Ventures--did not disclose financial terms of the buys. The firm also acquired New Jersey-based Distribution S (More info...)
posted on Tuesday, October 21, 2008(Full story)
Mail.com Raises $35MLos Angeles-based Mail.com Media Corporation disclosed details on the firm's venture capital funding, saying today that it has raised $35M in a round of funding led by Quadrangle Capital Partners. The firm operates Mail.com and a number of other Internet content sites. According to the firm, the round closed on September 8th, and wil be used to accelerate the firm's growth. Daniel Rosensweig and Andrew Frey of Quadrangle will join the firm's board as part of the funding. Mail.com operates a free (More info...)
posted on Tuesday, October 21, 2008 (More)(Full story)
Mzima Networks Selects CRG WestLos Angeles-based Mzima Networks, a provider of Internet backbone services, has inked a deal with data center provider CRG West, the firms said today. The companies said that Mzima will expand its network into six CRG West data centers across the United States. Financial details of the deal were not disclosed. Mzima provides dedicated Internet bandwidth to companies using metropolitan area optical networks; the firm's services are used by companies with high-bandwidth application requirements.
posted on Tuesday, October 21, 2008(Full story)
SkinMedica Scores Debt FinancingCarlsbad-based SkinMedica, a developer of cosmeceuticals for the dermatology field, has scored $27.5M in debt from two lenders. According to GE Healthcare Financial Services and BlueCrest Capital Finance, they have provided $27.5M in a senior secured credit facility to SkinMedica. The deal includes a $22.5M venture loan and a $5M revolving credit line. According to the firms, SkinMedica will use the financing for general corporate purposes and to strengthen its balance sheet. SkinMedica is ventu (More info...)
posted on Tuesday, October 21, 2008(Full story)
MySpace Launches Android AppLos Angeles-based social networking site MySpace said today that the firm has launched an application for Google's Android mobile operating system. According to MySpace, its new MySpace Mobile experience is available via Android Market, and allows MySpace users to access the firm's mobile web site. Among features of the new applications are photo uploading from Android devices, ability to view and comment on photos, profiles, and bulletins; find and add friends; and more. The company also said i (More info...)
posted on Tuesday, October 21, 2008(Full story)
MicroPower Technologies Raises Funding RoundSan Diego-based MicroPower Technologies, which develops technology for ultra-low power wireless video, has scored a Series A funding round from the Tech Coast Angels. Financial terms of the investment round were not disclosed. An investor in the firm told socalTECH.com that the company's technology is targeted at a wide variety of applications, such as wireless video security monitoring. The Series A funding round will go towards final development of the firm's prototype demo systems. The firm's (More info...)
posted on Tuesday, October 21, 2008 (More)(Full story)
Specific Media Enhances Sales ReportingIrvine-based Specific Media, a major online advertising network, has rolled out a new product geared at offline sales reporting, the firm disclosed today. According to Specific Media, the new tool will help reveal the correlation between online advertising campaigns and offline purchase behavior. Specific Media is tapping data from comScore and Nielsen Online to track consumer purchases resulting from online advertising campaigns, so advertisers can accurately measure ROI of those campaigns. The (More info...)
posted on Tuesday, October 21, 2008(Full story)
Shopatron Gets Win At SuzukiSan Luis Obispo-based Shopatron, which develops ecommerce software for the consumer goods market, has signed on American Suzuki Motor Corporation as a customer. Shopatron said that Suzuki is using the firm's software to assign online orders of motorcycle and ATV accessories to local stores. According to the firm, Suzuki will initially deploy Shopatron's products in participating Motorcycle/ATV dealerships throughout the US. Financial impact of the deal was not disclosed. Shopatron also counts ma (More info...)
posted on Tuesday, October 21, 2008(Full story)
Mushroom Networks Ships T1 Replacement TechnologySan Diego-based Mushroom Networks announced today that it has rolled out a service which offers "better than T1" speeds to broadband subscribers, at a significant savings to traditional T1 service. According to Mushroom Networks, which is a spinout of UC San Diego, it has created a new product which ties up to six broadband connections together to form a single, high-speed Internet connection. The firm is calling its service its Broadband Bonding Service, and uses multiple DSL lines and/or cable (More info...)
posted on Tuesday, October 21, 2008(Full story)
WiSpry Ships ChipsIrvine-based WiSpry, a developer of programmable radio frequency semiconductors, said Monday that the firm has sampled its first products to what the firm described as one of the largest cellular handset manufacturers in the world. According to WiSpry, the product combines the firm's RF-MEMS digital capacitor technology based on an RF-CMOS manufacturing process. WiSpry's CMOS-based RF components are used for wireless front-ends. The company expects its products will result in a need for fewer an (More info...)
posted on Tuesday, October 21, 2008(Full story)