Monday, September 28, 2009
Register For VentureNet 2009 - October 7, Costa Mesa
VentureNet 2009.
October 7, 2009. Westin South Coast Plaza - Costa Mesa, CA.

The right people. The right event. Venture forth.
One day. One event. One chance to see the most innovative emerging technology companies in Southern California strut their stuff.

This is the only conference that brings together the best and brightest technology companies from San Diego to Santa Barbara...and all points in-between. Here's what you won't want to miss: mingle with 60+ investors; network with the "who's who" of our high tech community; two keynote speakers, learn from two panels of tier-1 VCs, strategic investors and angels; hear capital pitches from 14 of the most promising rising stars in Southern California; enjoy breakfast and lunch. Register today!

Report: WPP Suit Against Spot Runner Dismissed
According to a report in paidContent Monday afternoon, WPP's lawsuit against Spot Runner has been dismissed. The report cited an un-named source close to the lawsuit. Spot Runner was sued by WPP, an investor in the advertising firm, in April. WPP had claimed that Spot Runner used the firm as part of a "pump and dump" scheme to attract other investors, and that it had breached legal agreements with WPP. Spot Runner's other investors, including Battery Ventures and Index Ventures, were also named (More info...)

posted on Monday, September 28, 2009(Full story)

Sophoi Files For Bankruptcy
Los Angeles-based Sophoi, which was developing software for intellectual property licensing, filed for Chapter 11 bankruptcy earlier this month. Sophoi had been backed by $17.5M in funding from database giant Oracle, which invested in the firm in May of 2007. The bankruptcy filing was filed in the US Bankruptcy Court for the Central District of California.

posted on Monday, September 28, 2009(Full story)

NewEgg Files For IPO
City of Industry-based e-commerce retailer NewEgg has filed for an IPO this morning, saying that it is looking to raise up to $175M. The IPO is being underwritten by J.P. Morgan, BofA Merrill Lynch, Citi, William Blair & Company, Cowen and Company, ThinkEquityLLC, Needham & Company, and Raymond James. The firm said it had sales of $2.1 billion and net income of $28.8M in 2008. Major owners of the firm include Fred Chang, co-founder of the firm, Tally Liu, the firm's CEO, as well as Insight Ventu (More info...)

posted on Monday, September 28, 2009(Full story)

Guidance Software Releases Security Software
Pasadena-based Guidance Software has expanded its line of products this morning to include a new security tool. The firm said today that it has rolled out EnCase Cybersecurity, a new product for detecting malware, detecting sensitive information on corporate networks, and more. The new product augments existing antivirus, firewall, and other cybersecurity tools. Pricing on the new software was not released. Guidance develops digital forensics tools used by law enforcement, the government, and ot (More info...)

posted on Monday, September 28, 2009(Full story)

Inphi Responds To Patent Lawsuit
Westlake Village-based Inphi, a developer of high speed analog semiconductors for the networking industry, has responded to a patent lawsuit filed against the firm last week by Netlist. According to the firm, it will "vigorously defend" itself against what it calls a "nuisance" lawsuit. Inphi said it has not yet received communication from Netlist on the matter, and has not yet been served the complaint, but has examined the patent in question and believes there is no infringement. Netlist had f (More info...)

posted on Monday, September 28, 2009(Full story)

Broadcom In License Deal With ARM
Irvine-based Broadcom is in a licensing deal with processor firm ARM, the two companies said this morning. According to the two, Broadcom has licensed ARM's Cortex-A9 multicore processors, for use in next-generation mobile, wireless, and other consumer electronics applications. the companies did not disclose terms of the "major" licensing agreement. ARM's multicore processor is targeted for use in such things as smart phones.

posted on Monday, September 28, 2009(Full story)

Emulex Gets Win With LSI
Costa Mesa-based Emulex said today that the firm's embedded switches and bridges have been selected by LSI Corporation. According to Emulex, the firm's InSpeed SOC 422 Embedded Storage Switch and BR-2401 bridge products will be used in LSI's new Engenio DE96900 disk enclosures. Financial impact of the design win was not disclosed.

posted on Monday, September 28, 2009(Full story)

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

How is The Walt Disney Company taking advantage of Glendale's place in
the region's emerging high-tech, entertainment industry? Why does
Disney think that Glendale is the place to be for digital new media
convergence? Learn more:

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.

Sponsored By


Recent Interviews

Browse Issues