Thursday, January 21, 2010Southwest Shutdown Snarls Tech CommutersMany commuters and executives who fly between Southern California and Silicon Valley were stymied by a massive shutdown of flights by Southwest Airlines Thursday afternoon, after high winds and heavy rain prompted the airline to cancel travel to and from Burbank, Ontario, Orange County, and San Diego airports. Southwest, in a notice posted to customers on its web site, said it would cancel flights to and from BUR and ONT between 1pm and 6pm, the majority of flights after 1pm at SNA, and the majo (More info...)
posted on Thursday, January 21, 2010(Full story)
San Diego Zoo Hits Google MapsThe San Diego Zoo said Thursday afternoon that the zoo is the first zoo in the United States which will be featured in Google's Street View feature. According to the Zoo, Google Maps now features street level views of the zoo's trails and exhibits--including every visitor pathway and animal exhibit. Google's Street View feature allows users of the search engine's mappng service to see wraparound views of streets and roads from ground level. The San Diego Zoo said that the mapping was done by Goo (More info...)
posted on Thursday, January 21, 2010(Full story)
USC Spinouts Raised $148M In Last Two Years, Says UniversityThe University of Southern California is reporting today that spinouts out of the school have raised $148m in the last two calendar years (2008-2009), and that there are now at least 24 USC spinouts currently in business. The school--which has been actively encouraging startup activity based on its research in recent years--said that 16 USC startups raised $148M, in a combination of new startup funding and additional rounds of financing for those companies. The school said that the 24 spinouts o (More info...)
posted on Thursday, January 21, 2010(Full story)
SolarFlare Goes Beyond Silicon, Launches Gigabit Ethernet AdapterIrvine-based SolarFlare, a developer of Gigabit Ethernet silicon, has expanded its offerings beyond silicon into the Gigabit Ethernet adapter market, the firm announced today. The firm--which previously only sold its Gigabit Ethernet semiconductors to OEMs and others--said the move came as a result from "persistent demand" from Fortune 100 companies for server adapters. The firm said the new adapters are an important step in making its adapters available to end users globally. Solarflare said it (More info...)
posted on Thursday, January 21, 2010(Full story)
Elevation Pharmaceuticals Gains $30MSan Diego-based Elevation Pharmaceuticals, a biopharmaceuticals firm developing treatments for repiratory diseases, said Thursday that it has closed on $30M of Series A funding. The funding came from Canaan Partners, TPG Growth, Care Capital, and Mesa Verde Venture Partners. Elevation Pharmaceuticals said it is developing new aerosol therapies, including a lead long-acting bronchodilator targeted at patients with chronic obstructive pulmonary disease (COPD). As part of the funding Brent Ahrens o (More info...)
posted on Thursday, January 21, 2010 (More)(Full story)
Demand Media Wins ToyotaSanta Monica-based Demand Media, the online media firm run by Richard Rosenblatt, disclosed today that the firm has signed on auto manufacturer Toyota as a customer. Demand Media said it has partnered with Toyota and ad agency Saatchi & Saatchi LA, to provide content to a new interactive community site aimed at off road aficianados, TrailTracker. Financial details of the win were not disclosed. Demand said the new site will allow off-roaders to find and share their favorite trails, and will incl (More info...)
posted on Thursday, January 21, 2010(Full story)
Verari Founder Buys AssetsThe founder of defunct Verari Systems, David Driggers, said this week that an investor group he leads has purchased "substantially all" of Verari Systems' corporate and intellectual property assets. The firm--which shut down in December due to lack of capital--developed blade computing and storage technology. No financial details of the acquisition were disclosed. According to Driggers, the firm will re-start this week, focusing on blade-based high-performance computing solutions, modular contai (More info...)
posted on Thursday, January 21, 2010(Full story)
Insights and Opinions: Raising Money For Your BusinessFor today's Insights and Opinions piece, we have an article from Dave Berkus, an angel investor and blogger at Berkonomics, who gives a good summary and rundown of the various different places you can raise money for your business.
This post will be perhaps a bit longer than usual, but certainly of great interest for those with interest in or have need for more capital…
This stage is critical to many businesses and a passing option to others, depending upon the capital efficiency of t (More info...)
posted on Thursday, January 21, 2010(Full story)
EA Mobile Targets Amazon's KindleLos Angeles-based EA Mobile, the mobile game publishing arm of Electronic Arts, has set its sights on a new platform for its mobile games: Amazon's Kindle. According to Amazon.com, it is launching an effort to allow developers to create their own, active content on the electronic reader, including games, Internet-linked content, word games, and puzzles. As part of the announcement, Amazon said that one of the first firms to be creating applications for the Kindle is EA Mobile. No details on whic (More info...)
posted on Thursday, January 21, 2010(Full story)
Citrix Online In Deal With FranklinCoveySanta Barbara-based Citrix Online, which operates the GoToMyPC remote desktop software and GoToMeeting web conferencing service, said today that it has linked in a partnership with FranklinCovey. FranklinCovey is a publisher of scheduling, planning, and organization tools. According to the two companies, FranklinCovey will offer GoToMyPC and GoToMeeting on its website, retail stores, catalogs, and other channels. Financial arrangements between the two firms were not announced. As part of the par (More info...)
posted on Thursday, January 21, 2010(Full story)
Mobilecause Powers Haiti Mobile Charity EffortsLos Angeles-based Mobilecause, a provider of mobile donation services for nonprofits, reported Wednesday that the firm is powering a number of mobile campaigns to raise money for victims of the Haiti earthquake. The firm said that cell phone users can text keywords to 85944 to donate $10 to the following charities using its service: International Medical Corps (keyword: Haiti); Causecast Foundation/Huffington Post (keywords: RESPOND, IMPACT, HUFF); Food For The Hungry (QUAKE), American Jewish Jo (More info...)
posted on Thursday, January 21, 2010(Full story)