Tuesday, November 10, 2009
Executive Moves - sponsored by Neohire.com
Check out socalTECH.com's summary of executives moves, sponsored by
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tech community.


Six Degrees Games Raises $7M
Marina Del Ray-based Six Degrees Games, which runs the ActionAllStars.com virtual world focused on six to 14 year olds, has raised $7M in an additional funding round. The round was led by Time Warner, and also included prior investors Clearstone Venture Partners and Prism VentureWorks. Six Degree Games is headed by Minard Hamilton. The new round brings the company's total raised to $14M.

posted on Tuesday, November 10, 2009 (More)(Full story)

Maverick Angels Expands In Italy
Los Angeles-based Maverick Angels, the angel investment group headed by John Dilts, formally announced its expansion into Italy today, saying it has tied with Intesa SanPaolo Bank to create a new angel investor network based in Milan. Financial details of the alliance with Intesa SanPaolo Bank--which Maverick Angels said is among the largest financial institutions in Europe--were not announced by the group. Maverick Angels founder Dilts said, in a statement, that the move would help create stron (More info...)

posted on Tuesday, November 10, 2009(Full story)

BuzzMedia Taps MySpace For Exec
Los Angeles-based Buzzmedia, which operates Buzznet, Celebuzz, and other pop culture web sites, said today that it has hired Chris George, former Vice President of Integrated Marketing at MySpace, as its Senior Vice President of Integrated Marketing and Operations. Buzzmedia said that George will manage all apsects of its revenue and sales for Buzzmedia. George has also previously served at IGN Entertainment, and FCB.

posted on Tuesday, November 10, 2009(Full story)

OptionEase Signs Central Desktop
San Juan Capistrano-based OptionEase, a developer of software-as-a-service for options accounting, announced today that Pasadena-based Central Desktop, a provider of software-as-a-service for project management and collaboration, has signed on as a customer. Financial details of the win were not disclosd. OptionEase said that Central Desktop will use the firm for equity administration, valuation, and compliance. OptionEase said its software replaces the use of Excel spreadsheets by Central Desk (More info...)

posted on Tuesday, November 10, 2009(Full story)

Stamps.com Links To E-Commerce Payment Providers
Los Angeles-based Stamps.com is furthering its focus on online stories, saying today that it has linked its product to the e-commerce payment systems for Amazon.com Pro Merchant, Yahoo Merchant, Google Checkout, and Paypal. The new additions come on top of an existing push by Stamps.com to cater to eBay merchants. According to Stamps.com, the firm's software now allows web store managers to process, manage, and ship orders from "virtually any" e-commerce source. Stamps.com recently started looki (More info...)

posted on Tuesday, November 10, 2009(Full story)

RFaxis Expands Into Taiwan
Irvine-based RFaxis, a semiconductor firm developing RF front ends, said today that it has expanded into Taiwan, and has opened up an office to support sales and marketing support to its customers. The firm said the office is located in the Neihu Science Park in Taipei, Taiwan. RFaxis said that the branch office will support customers in Taiwan, China, and other Southeast Asian countries. RFaxis is a developer of single chip, front end, BiCMOS chips aimed at the wireless market.

posted on Tuesday, November 10, 2009(Full story)

Life Technologies Buys BioTrove
Carlsbad-based Life Technologies said today that it has signed a definitive agreement to acquire BioTrove, a developer of a high throughput gene expression and genotyping analysis system. Financial details of the acquisition were not disclosed. Life Technologies said the deal is not expected to have a material effect on its financials in fiscal year 2009. BioTrove is based in Woburn, Mass., and was venture backed by Catalyst Health and Technology Partners, CB Health Ventures, Vox Equity, BioFron (More info...)

posted on Tuesday, November 10, 2009(Full story)

Boingo Powers Google Free Wi-Fi Offer
Westwood-based Boingo Wireless is behind a big promotion announced today by search engine giant Google, where Google will be offering free Wi-Fi to travelers at airports across the country. Google said today that it will offer free wireless at 47 airports, including Las Vegas, San Jose, Boston, Baltimore, Burbank, Houston, Indianapolis, Seattle, Miami, Ft. Lauderdale, Orlando, St. Louis and Charlotte, through January 15th. Google is also working with Advanced Wireless Group and Airport Marketing (More info...)

posted on Tuesday, November 10, 2009(Full story)

Broadcom Open Sources Codecs
Irvine-based Broadcom is releasing a family of its voice codecs into open source this morning, the firm said, in an effort to eliminate royalties and licensing fees required by its competitors. According to Broadcom, it is releasing its BroadVoice family of voice codecs royalty-free and without any licensing fees, and will release the source code to those codecs under the GNU Lesser General Public License (LGPL), version 2.1. The codecs run on Broadcom's cable, DSL, and voIP systems-on-a-chip, a (More info...)

posted on Tuesday, November 10, 2009(Full story)

Rumor: Gizmo5 Acquired By Google
A report from TechCrunch claims that San Diego-based Gizmo5, the voice-over-IP startup founded by Michael Robertson, has been acquired by Google. No confirmation of any deal was provided by either Google or Gizmo5. Quoting unnamed sources, TechCrunch claims that the deal is worth approximately $30M in cash. The report follows an earlier rumor, also from TechCrunch, which said that Skype was buying Gizmo5. Gizmo5 is a developer of voice-over-IP software based on the SIP standard, and is headed by (More info...)

posted on Tuesday, November 10, 2009(Full story)

Integrien Claims Record Growth
Irvine-based Integrien, a developer of IT analytics and performance measurement software, reported today that it had "record" quarterly bookings in Q3 of 2009. The privately held firm said its bookings were up 238% year-over-year. Actual financials were not disclosed by the company. The firm said it closed the largest deal in its history in the quarter from a financial firm. Integrien is venture backed by Acartha Group, Clearstone Venture Partners, and the Tech Coast Angels.

posted on Tuesday, November 10, 2009(Full story)

Tanner EDA Names Sales VP, In Strategic Alliance
Monrovia-based Tanner EDA, a supplier of analog and mixed-signal electronic design automation software, reported Monday evening that it has appointed a new Sales VP, and separately, that it is in a strategic alliance with a MEMS supplier. In the executive move, Tanner EDA said it has hired Hamed Emami as Vice President of Sales at the firm. Hamed joins from Magma Design Automation, and has also served at AXIOM Design Automation and Tera Systems. In a separate announcement, Tanner said it is in a (More info...)

posted on Tuesday, November 10, 2009(Full story)

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:


LAVA: Meet the VC's - November 17th
What do you think a technology or life science entrepreneur would give to
spend two hours with more than 30 venture capitalists? An arm? A leg? A
first-born child?

How about $70?

That's all it will take for those in the know. On November 17, 2009 the
Los Angeles Venture Association (LAVA) will host its First Annual "Meet the
VCs" interactive networking roundtable at which more than 30 venture
capitalists will travel from up and down California to talk with local entrepreneurs about deal flow and the types of investments they're looking to fund.

Where: ICON Aircraft
12511 Beatrice St
Los Angeles, CA 90066

When: Tuesday, November 17, 2009 4pm -8pm
What: Networking, Cocktails, VC Speed dating
Who: Entrepreneurs, Startups, Venture Capitalists

Limited to first 250 people. Must apply to attend.

See http://www.lava.org

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