Thursday, November 12, 2009
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.


Yidio Raises Around $500K For Movie Site
San Diego-based Yidio, an online site for finding television shows and movies online, disclosed Thursday that it has raised around $500,000 in angel funding from angel investors, including Adam Warms. The round announced at the NewTeeVee Live conference. Yidio was founded by Adam Eatros.

posted on Thursday, November 12, 2009(Full story)

Global Analytics Gets $10M
San Diego-based Global Analytics, a developer of financial analytics and fraud detection technology, has raised $10M in a funding round with a target of $14M, according to a regulatory filing by the firm Thursday. No details on the funding have been announced by the firm, however, Peter Rip of Crosslink Capital is now listed as a board member at the firm. Global Analytics is headed by Krishna Gopinathan, who was previously founder and CEO of Burning Glass Technology, and VP of Fraud Control Syst (More info...)

posted on Thursday, November 12, 2009 (More)(Full story)

Gizmo5 Acquired By Google
San Diego-based Gizmo5, the voice-over-IP service and software started by former founder Michael Robertson, has been acquired by Google. Google announced the deal late Thursday afternoon. According to Google, it does not have any specific features to announce right now, but will be adding Gizmo5's engineers to its Google Voice team. Google said it is suspending new signups for Gizmo5's VoIP service, and existing users will no longer be able to sign up for a call-in number. Financial term (More info...)

posted on Thursday, November 12, 2009(Full story)

FlipGloss Acquired By Forbes
Santa Monica-based FlipGloss, which develops online photo publishing software for the magazine industry, has been acquired by Forbes. Forbes Media announced the deal Thursday afternoon, but did not disclose any financial terms of the deal. According to Forbes, it will incorporate FlipGloss' technology into, starting with the launch of a feature called "The World's Most Powerful People." FlipGloss was backed by Forbes, which invested in the firm in March of 2008. FlipGloss was founded (More info...)

posted on Thursday, November 12, 2009(Full story)

Cyntellect Raises $15.5M
San Diego-based Cyntellect, a developer of products for the biotech industry, has raised $15.5M, according to a regulatory filing from the firm this week. The funding is part of an ongoing, $18.6M fundraising effort, and includes both equity and warrants. Cyntellect has previously raised funding from Bru II Venture Capital Fund, Third Security, and others.

posted on Thursday, November 12, 2009 (More)(Full story)

Yardi Wins Texas Customer
Santa Barbara-based Yardi Systems, which develops real estate investment and property management software, reported earlier this week that it has signed Dallas, Texas-based Westmount Realty Capital as a customer. Size of the win was not disclosed. Yardi said Westmount Realty Capital will use its products to manage bookkeeping for approximately 60 entitites. Westmount is a provider of commercial real estate investment, development and lending.

posted on Thursday, November 12, 2009(Full story)

V-Vehicle Ramping In Louisiana
San Diego-based V-Vehicle, the stealthy, automotive startup which is heavily backed by such notable investors as Kleiner Perkins Caufield & Byers, Google, and T. Boone Pickens--is apparently ramping up its factory in Louisiana, according to a report. According to local Monroe, Louisiana paper The News Star, V Vehicle executives are looking for local, Louisiana companies for such things as industrial machinery, metal fabrication, industrial lighting, food and vending services, and more. V-Vehicle (More info...)

posted on Thursday, November 12, 2009(Full story) To Launch Public Access
Los Angeles-based Clicker Media, a provider of an online programming guide to Internet television, said today that it is publicly launching its site, today. The startup, which is venture backed by Benchmark Capital and Redpoint Ventures, said its site includes guides to content in Netflix Instant Streaming, Amazon VOD, as well as another 1,200 sources. is headed by Jim Lanzone, former CEO of The firm's site had not yet gone live as of the announcement. The firm s (More info...)

posted on Thursday, November 12, 2009(Full story)

Chumby Ships New Internet Clock Radio
San Diego-based Chumby, which develops Internet-connected, highly programmable Internet alarm clocks, said today that it has released a new product called the chumby one. The firm said the chumby one is a Wi-Fi connected, Internet clock radio, and will cost $119.95. The device allows users to stream content from the Internet directly to the clock. Chumby said it has renamed its original chumby device the "chumby classic." The new chumby device is based on the same, Linux-based operating system a (More info...)

posted on Thursday, November 12, 2009(Full story)

Brickfish Powers, Steve Madden Promotion
San Diego-based Brickfish, a developer of social media and online advertising software, said today that online shoe and apparel firm and Steve Madden are using its social media platform. According to Brickfish, its software is behind the "Steve Madden's SOLE SEARCH powered by Zappos", a promotion which encourages users to create their own, Steve Madden shoe designs to be sold by Zappos. Financial impact of the win was not disclosed.

posted on Thursday, November 12, 2009(Full story)

Cogent Systems Gets FBI Cert
Pasadena-based Cogent Systems, a developer of fingerprint readers and other biometric identification equipment, announced this morning that its handheld, mobile identification devices have been certified compliant with a FBI effort. The certification covers its Cogent Fusion, Mobile Ident II, and Mobile Ident III products. Cogent said the testing was part of the FBI's Next Generation Identification (NGI) Initiatives and Integrated Automated Fingerprint Identification System (IAFIS) Image Quality (More info...)

posted on Thursday, November 12, 2009(Full story)

VMIX, Qik Partner On Mobile Streaming
San Diego-based VMIX, which provides an online service for managing online video for publishers, said today that it is in a strategic partnership with Qik, a provider of mobile live streaming services. VMIX said that the two are integrating Qik's Mobile Live Streaming technology with VMIX's platform, to provide VMIX customers with a way to stream live video from mobile phones. Financial details of the partnership were not disclosed.

posted on Thursday, November 12, 2009(Full story)

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