Wednesday, November 11, 2009
Need Office or Tech Space? Think Glendale
Need Office or Tech Space? Think Glendale

Glendale is an ideal location for locating your high tech startup,
offering benefits like:

- Centrally located and easily accessible via four freeways
- No business license fee or gross receipts tax
- A small but growing contingent of tech firms
- Lower rents on average for office, industrial space
- Educated workforce with higher education nearby
- Vibrant downtown with a variety of dining, shopping and entertainment
- Safe/secure working environment

Learn more at Acquired By Churchill Downs
Burbank-based, an online site focused on horse racing wagering and content, has been acquired by Churchill Downs Incorporated in a deal worth $126.8M. Churchill Downs operates thoroughbred racing events such as the Kentucky Derby. Churchill Downs said late Wednesday it would pay 0.0598 shares of its common stock, plus $0.97 in cash for each share of Youbet common stock.

posted on Wednesday, November 11, 2009(Full story)

Altair Therapeutics Raises $17M
San Diego-based Altair Therapeutics said Wednesday afternoon that it has raised $17M in a financing round. According to the firm, the round was led by Domain Associates, and also included AgeChem Venture Fund; Thomas, McNerney & Partners; Forward Ventures; and Isis Pharmaceuticals. The firm said the funding will go to complete phase 2a trials on its lead product, which is being targeted at treating asthma, allergic rhinitis, and other inflammatory disorders.

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LeadPoint Launches Ordering System
Los Angeles-based LeadPoint, a venture-backed firm which operates an online lead exchange, said today that it has launched a new, digital order system for the lead generation industry. The firm said its order system allows buyers to submit and receive insertion orders online, instead of using FAX or phone calls. The firm said the new ordering system will give its customers more effective tracking of campaigns and order changes. LeadPoint's marketplace includes consumer lending, education, auto, (More info...)

posted on Wednesday, November 11, 2009(Full story)

iolo Expands Distribution To Middle East
Los Angeles-based iolo technologies, a developer of utility software for Windows computers, said Tuesday that the firm is now distributing its products throughout the Middle East. The firm said that its products are now available in Afghanistan, Armenia, Azerbaijan, Bahrain, Egypt, Iraq, Jordan, KSA, Kuwait, Lebanon, Oman, Palestine, Qatar, Pakistan, Palestine, Turkey, UAE and Yemen, both via the web and retail stores. The firm said it previously had distributed its software in the United Arab E (More info...)

posted on Wednesday, November 11, 2009(Full story)

SPONSORED POST: LAVA's Meet the VCs November 17th

socalTECH is a media sponsor of the LAVA Special Event: Meet the VCs on November 17th. It's a can't miss opportunity for aspiring entrepreneurs looking to connect with investors in Southern California technology companies.

The event features an interactive networking roundtable at which more than 30 venture capitalists from California, who will talk with local entrepreneurs about deal flow and the types of investments they're looking to fund.

This event series is designed to help investo (More info...)

posted on Wednesday, November 11, 2009(Full story)

TowerJazz Wins Phasor Solutions
Newport Beach-based TowerJazz, the semiconductor foundry which was Jazz Semiconductor, said today that it has been selected by Phasor Solutions, a developer of phased array antennas for the satellite communications and radar market. TowerJazz said that it has been selected for its high performance, SiGe BiCMOS process, to manufacture Phasor's transceiver chipset. Financial impact or estimated volumes from the win was not disclosed. TowerJazz said Phasor will use its SBC18HX process, a 0.18-micro (More info...)

posted on Wednesday, November 11, 2009(Full story)

Novatel Wireless Ties With M2M Firm
San Diego-based Novatel Wireless, a developer of wireless and broadband modems, said this week that it has partnered with Cinterion Wireless Modules. The firms said that they will partner to address the machine-to-machine (M2M) market, by developing co-branded, CDMA modules developed by Novatel in Cinterion's form factor. The companies said that they will jointly focus on sales, marketing, and technical support.

posted on Wednesday, November 11, 2009(Full story)

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.


Costello and Sons Technology Insurance Brokers
Insuring Innovation.

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.

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.

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>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
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