Friday, August 7, 2009
Executive Moves - sponsored by
Check out's summary of executives moves, sponsored by! Get a complete rundown of significant hires, promotions, and
more from socalTECH, generously sponsored by NeoHire (
which provides executive search services for Southern California's high
tech community. Cash For Clunkers Driving Prices Up
Santa Monica-based, the online automotive information site, said Friday that the Cash for Clunkers program is increasing prices on cars, and has resulted in shoppers getting less of a discount off sticker price for those automobiles. The online site said that, according to its numbers, discounts have dropped fairly dramatically on some models, such as the Dodge Caliber, where dealers were on average discounting prices off sticker by 11.7 percent before the program, and now are only d (More info...)

posted on Friday, August 7, 2009(Full story)

Thanks to socalTECH's Sponsors!
Thanks to all of the sponsors and advertisers, who allow us to keep you updated on Southern California's high tech news and companies. They include:


Redpoint Ventures (
Backing Southern California's next great technology companies.

Silicon Valley Bank (
Helping entrepreneurs succeed.

Key Information Systems (
Providing IBM Storage Solutions. Dedicated to our Clients.

The City of Gl (More info...)

posted on Friday, August 7, 2009(Full story)

Surfware Gets Customer Win
Camarillo-based Surfware, a developer of CAD/CAM software, announced Friday that the firm has signed the School of Engineering at the University of Alabama, Birmingham (UAB) as a customer. The firm said that the company is the 25,000 seat of the firm's software, which is used for designing milling plans for computer-aided-manufacturing systems. The firm's software helps guide hardware for machining parts. Surfware was founded in 1988.

posted on Friday, August 7, 2009(Full story)

ShopIt Acquired By Altrinsic
Los Angeles-based ShopIt, which develops online, e-commerce software which allows people to buy and sell products through social networking sites like Facebook and MySpace, has been acquired by Altrinsic. Financial terms of the acquisition were not announced. ShopIt was venture backed by Emerson Ventures and Propulsion Ventures, and had raised $2.5M in a Series B in October. Publicly held Altrinsic, which is based in New York, said that ShopIt will become part of its Atrinsic Media network, its (More info...)

posted on Friday, August 7, 2009(Full story)

ChemNavigator Acquired By Sigma-Aldrich
San Diego-based ChemNavigator, a developer of informatics tools for the pharmaceutical industry, has been acquired by scientific equipment firm Sigma-Aldrich. Financial terms of the buy were not disclosed. According to Sigma-Aldrich, the buy will add ChemNavigator's suite of virtual screening and selection tools, plus a searchable database of over 60 million chemical compounds to its offerings. ChemNavigator was backed by CastleRock Venture, Chitung Venture, Life Science Venture Fund, Source One (More info...)

posted on Friday, August 7, 2009(Full story)

Row 44 Gets FCC License
Westlake Village-based Row 44, the in-flight wireless hardware provider headed by John Guidon, said Thursday afternoon that it has received a permanent operating license from the U.S. Federal Communications COmmission (FCC). The firm said the license will allow it to provide uninterrupted airborne Internet throughout North America. Row 44 had earlier obtained an interim license from the FCC to test its systems, which the firm has so far deployed in tests for Alaska Airlines and Southwest Airline (More info...)

posted on Friday, August 7, 2009(Full story)

FarStone Ships iSCSI Backup Appliance
Santa Barbara-based FarStone Technology, a developer of backup software, reported this week that it has released a new line of backup and recovery appliances supporting the iSCSI storage standard. The firm said that its TreasureStone appliances support up to 15TB of data, and is integrated with its DriveClone software. Pricing on the new product was not disclosed.

posted on Friday, August 7, 2009(Full story)

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

Orange County High Tech Report - Sponsored by SYCR
Get the latest high tech news and information, filtered for Orange County on the Orange County High Tech Report, sponsored by Stradling Yocca Carlson & Rauth. Everything about OC - news, fundings, and events - in one place.

Also in RSS:

Need Office or Tech Space? Think Glendale

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
>> Pragmatic cost-effective IP portfolio management
>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
>> Intellectual property aspects of mergers and acquisitions

310 N. Westlake Blvd., Suite 120, Westlake Village, CA 91362
735 State St., Suite 211, Santa Barbara, CA 93101 -

Sponsored By


Recent Interviews

Browse Issues