Tuesday, February 3, 2009
Cleantech Investments Hit $4.7B In 2008
Clean technology investments reached a record $4.7 billion, across 186 financing deals in 2008, according to a new analysis by Ernst & Young released Tuesday. According to the analysis, based on data from Dow Jones Venture Source, there was a 68% increase in capital invested in the industry in 2008. Numbers were down for Q4--$954M for just the quarter--but the numbers were a huge jump compared to historical investments in clean technology, which back in 2002 only totaled $234M.

For the quart (More info...)

posted on Tuesday, February 3, 2009(Full story)

QLogic Snags Sales VP From DataDirect
Aliso Viejo-based data storage networking hardware firm QLogic Corp. has snagged a sales VP from Chatsworth-based DataDirect Networks, naming Scott Genereux as Senior Vice President of Worldwide Sales. QLogic said that Genereux will report to CEO H.K. Desai. Genereux has served at DataDirect, where he was SVP of Worldwide Sales, Marketing, and Support, as well as Hitachi Data Systems, where he served for 17 years in a number of sales positions, most recently EVP and GM of Worldwide Sales, Market (More info...)

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USC Stevens On Tech Transfer: Understand Venture Capitalists
The USC Stevens Institute for Innovation, the effort of the University of Southern California to foster innovation within its campus and the community, has been turning an eye to how to more effectively spin out academic efforts into companies. The institute said today that it has just published a white paper focused on helping universities to improve the spinout process, finding -- among other things -- that universities need to "get better at gathering, filtering, translating, and packaging ne (More info...)

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Ixia Ships 100 GigE Test System
Calabasas-based Ixia announced today that the firm is shipping a 100 Gigabit Ethernet test system, which is being used by chip and network equipment manufacturers to test their new high speed networking hardware. Ixia said the new product--its 100 Gigabit Ethernet (GE) Development Accelerator System--provides layer 2/3 traffic generation and analysis. Ixia claims the test system is the first to market. 100 GE is a next generation standard for transmitting high speed Ethernet. Ixia said the first (More info...)

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MyShape, eHarmony Partner
Pasadena-based myShape, an online e-commerce site focused on matching women to clothing, said today that the firm has been selected by dating site eHarmony to be the exclusive fashion e-tailer for a new eHarmony Advice Date Planner. The new Date Planner feature on eHarmony allows women to plan their dates, provides fashion tips, and allows women to match their personal style with outfits. Financial details of the deal were not disclosed. myShape also said that its Chief Creative Officer, Patty F (More info...)

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Maverick Angels Goes Virtual
Los Angeles-based angel investor group Maverick Angels is launching a new, virtual effort to reach out to angel investors today, which it is calling AngelLink. According to the angel investment group, which is headed by John Dilts, the new virtual angel network will allow accredited investors to watch videos of and assess entrepreneur presentations online, and collaborate virtually to make investments. The new network--open only to SEC accredited investors--will show videos of entrepreneur pres (More info...)

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My Web Lockers Looks To School File Sharing
San Diego-based My Web Lockers is launching a new file sharing service today--targeted at K-12 schools. The site said that the new service will make it "easier and more affordable" for schools to use the Internet to store projects such as homework and class assignments. My Web Lockers is charging $5 per user per year for the service, which is an extension of educational web collaboration and storage service School Web Lockers, a school-wide and district-wide service for storing school data.

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Conexant Gets Design Win
Newport Beach-based Conexant Systems is reporting a design win this morning, with a maker of PC-based video surveillance products. Conexant said that Chinese firm Wave-particle Intelligent Technology Co., Ltd., is using the firm's video decoder and media bridge chips for a video surveillance system. Financial impact of the design win was not disclosed. Conexant's chips are being used as part of two PCI Express add-in-cards from Wave-particle.

posted on Tuesday, February 3, 2009(Full story)

Nexsan Ramps Channel Efforts
Thousand Oaks-based Nexsan, a manufacturer of storage arrays, is ramping up its channel efforts, saying Monday that it will be running a series of quarterly promotions and special product bundles. The firm said that the new programs are a result of the current economy, which the firm described as putting "additional urgency and focus on IT departments." Among the promotions, the firm is running buy two, get one free promotions on hard drives for its systems, free next day onsite support for cert (More info...)

posted on Tuesday, February 3, 2009(Full story)

D2 Technologies Shows WiMax Mobile Phone Design
Santa Barbara-based D2 Technologies, a developer of embedded communications software for the VoIP market, announced Monday that the firm is showing a new reference design for WiMAX mobile phones. The firm said the new design allows manufacturers to quickly develop and deliver WiMAX handsets and other portable devices. D2 Technologies develops embedded software used by manufacturers to more rapidly create their own mobile phones; the new reference design is based on Linux running on a Texas Instr (More info...)

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Tech Coast Angels Fast Pitch - February 24th, Korn Hall
Yes, Deals are Getting Done Even in This Environment!

To Find Out More, Attend the Fast Pitch Competition

Meet the Tech Coast Angels, the #1 source of capital to SoCal
Meet leading local Venture Capitalists who are doing deals
Hear from exciting new start up companies
Learn the art of the pitch

When: Tuesday, February 24th, 2009, 5:00-9:00 p.m. (NEW DATE)
Where: UCLA Anderson School of Management | Korn Hall


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