Tuesday, January 26, 2010
Need Office or Tech Space? Think Glendale

The City of Glendale was recently named as a finalist for the “Most
Business Friendly City Award” sponsored by the Los Angeles County
Economic Development Corporation. Learn why Glendale is the perferct
location for your high tech startup, with companies like DreamWorks
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Quartics Gets $6.5M
Irvine-based Quartics, which is developing video processing chips, has raised $6.5M in a new round of funding, according to a regulatory filing by the firm today. Details on the funding have not yet been announced by the company. Quartics is the latest startup of Safi Qureshey, best known for founding AST. Quartics' chips provide media co-processing, including encoding and decoding video and other related functions.

posted on Tuesday, January 26, 2010 (More)(Full story)

MySpace Music Launches New Playlist Service
Los Angeles-based social networking site MySpace has launched a beta of a new social playlist service, My Music 2.0, the firm said Tuesday. According to MySpace, the music playlist hub will allow users to build and manage their own social playlists from its music catalog. Among features of My Music 2.0 is the ability to include playlists on MySpace profiles, plus social discovery tools which allows users to see what recent music their friends and favorite artists have listened to recently.

posted on Tuesday, January 26, 2010(Full story)

LiveOffice Claims Another Record Quarter
Torrance-based LiveOffice, a provider of email archiving and other email services, claimed Tuesday that it had another, record-setting quarter in Q4. The privately held firm did not disclose any revenue numbers or financials. The firm said it now has 10,000 clients using its service. LiveOffice had claimed a record quarter in Q3 as well--and at that time said it had over 9,000 clients using its services. LiveOffice is backed by private-equity firm Summit Partners.

posted on Tuesday, January 26, 2010(Full story)

OpenX Launches New Release
Pasadena-based OpenX, which develops open source, ad serving software, said Tuesday that it has launched a new version of its software. Among updates to the software, the firm said that software now provides better statistics on advertising, more streamlined install and upgrades, and a new wizard for generating advertising tags. OpenX is venture backed by DAG Ventures, Accel Partners, Index Ventures, Mangrove Capital, First Round Capital, and others.

posted on Tuesday, January 26, 2010(Full story)

UNX Gains $7.6M
Burbank-based UNX, a developer of technology for the electronic trading and institutional investing market, raised $7.6M its recently announced strategic funding round, according to data from the PricewaterhouseCoopers/NVCA report this week. UNX had announced the deal with Goldman, Sachs & Co. and Vernon & Park Capital in November without an amount of funding.

posted on Tuesday, January 26, 2010 (More)(Full story)

Pathology Inc.'s Take: $24.65M
The October funding of Torrance-based Pathology, Inc. was worth $24.65M, according to new numbers revealed over the weekend in the PricewaterhouseCoopers/NVCA MoneyTree report. According to the report, the firm raised $24.65M in Q4. The firm had announced the Series A investment from ABS Capital Partners in October. Pathology, Inc. provides pathology and molecular diagnostics services. The firm's funding was one of the largest reported in Southern California in Q4.

posted on Tuesday, January 26, 2010 (More)(Full story)

Novatel Adds Dual-Carrier HSPA+ Support
San Diego-based Novatel Wireless, a developer of wireless data cards and other devices, said today that it has added support for dual-carrier HSPA+ networks. The firm said it is using Qualcomm's MDM8220 chipset for the support, and will launch commercial devices in the second half of 2010 based on the chipset. Novatel said the new support will add more advanced data capability and other features to its offerings. Dual Carrier HSPA+ networks are expected to provide higher throughput to wireless d (More info...)

posted on Tuesday, January 26, 2010(Full story)

SolarFlare's Stern Talks Network Adapters
Last week, Irvine-based SolarFlare (www.solarflare.com) made an interesting move, and started to offer its technology direct to end users. The firm--which makes 10 Gigabit Ethernet semiconductors--said it would start selling its products in its own, branded adapters, particularly to financial and Fortune 100 firms. We caught up with Russell Stern, the CEO of the company, to better understand the move.

What's the idea behind expanding into your own branded adapters--it seems that's a pretty bi (More info...)

posted on Tuesday, January 26, 2010(Full story)

ProfitLine Gets Contract From BT
San Diego-based ProfitLine, a provider of spend management services for enterprises, said today that it has been awarded a contract from telecom provider BT Global Services. ProfitLine said that BT Global Services has integrated its software and services into its mobile expense management service, BT Managed Mobile Solution, and will rename the service BT Managed Mobility Expenses. Financial details of the win were not disclosed. The firms said that ProfitLine's software will allow companies usi (More info...)

posted on Tuesday, January 26, 2010(Full story)

WiSpry Adds Board Member
Irvine-based WiSpry, a developer of tunable radio frequency semiconductors, said this morning that it has added Ed Healy to its board of directors. Healy is senior advisor to the chairman of Mediatek, and was previously co-founder and CEO of Acertus Technologies. He has also served as CEO of Cubic Wafer Inc., and served at Silicon Labs, among other experience. WiSpry is a developer of RF MEMs devices.

posted on Tuesday, January 26, 2010(Full story)

Tanner EDA Adds Korean Distributor
Monrovia-based Tanner EDA said late last week that it has signed on a new distributor of its products in Korea. According to Tanner EDA, it added DauouXilicon Inc. in the market, to distribute the firm's analog, mixed-signal (A/MS) and MEMS electronic design automation (EDA) tools.

posted on Tuesday, January 26, 2010(Full story)

Joyent Launches Southern California based sales office.
Joyent - An Enterprise Class Cloud Computing Company funded by Intel
Capital, provides the most comprehensive cloud solution available today.
It starts with an enterprise class foundation of virtual appliances
deployed in an ecosystem of the highest-grade networking, routing, load balancing and persistent storage. In addition, Joyent offers powerful software to manage your cloud (Cloud Control) and a dynamic software development platform that auto-scales. Joyent's unique architecture and custom OS distribution supports high performance virtualization that produces significant cost-savings, improved performance, data center utilization (70%) and security. Companies running on Joyent have reported saving more than 70% when compared with Gartner's industry averages. Joyent was founded in 2004 and supports thousands of customers worldwide including ABC Disney, CNN, The Gap, Facebook, LinkedIn and Yahoo. Joyent is doing this through three main product areas:

* Joyent Public Cloud
* Joyent Cloud Management
* Joyent Smart Platform

Contact Scott Herson for an overview, pricing and information at
herson@joyent.com or 949-861-1069

Win an SBIR / STTR Award
February 3, 2010 9:00am-2:30pm
Presented by the TriTech SBDC

SBIR and STTR programs are designed to help launch technology companies towards success by providing initial or supplemental research capital. The proposal process is extremely competitive and only the best of the best proposals get funded. Learn how to rank among the best by attending our SBIR/STTR workshop series below.

Gain the Competitive Edge in Getting Free Government Funding:
What's Next After You're Awarded an SBIR / STTR Contract?
The Rules of The Road for SBIR's & STTR's


For additional registration information contact Sean Snider at
(951) 571-6480 or by email at Sean.Snider@rcc.edu

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