Thursday, January 28, 2010


RingRevenue Powers New Ad Firm
Santa Barbara-based RingRevenue, the pay-per-call technology firm headed by Jason Spievak, is powering a new direct response marketer, As Seen Everywhere, also based in Santa Barbara, the two firms said today. According to the firms, As Seen Everywherewill provide multi-channel, pay-for-performance advertising. The new firm will offer pay-for-performance ads on television, radio, print, and online, including mobile phones, social media, and more. The two companies said that RingRevenue's technol (More info...)
posted on Thursday, January 28, 2010(Full story)

Everbridge Taps LA Times For CTO
Los Angeles-based Everbridge, which develops incident notification and mass calling systems, said Thursday that it has named Scott Sullivan as the firm's Chief Technology Officer. Sullivan was most recently Chief Technology Officer, Interactive, for the Tribune Company and the Los Angeles Times. Sullivan has also served at Edmunds.com, where he was CIO, and Yahoo!/Overture Services, where he was SVP Technology Operations and Engineering.
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ThisNext Gets $1.2M More
Santa Monica-based ThisNext, which operates an online social shopping site and community, has raised another $1.2M in venture funding, according to a regulatory filing from the firm Thursday. No details on the funding have been announced by the firm, however, the filing indicates that Clearstone Ventures Suman Mandal and Anthem Ventures' Bill Woodward remain on the company's board. The funding brings the company's total raised to around $9.7M in funding.
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Demand Media's Rosenblatt On IPO, Exits
Richard Rosenblatt, the CEO of Los Angeles-based Demand Media said today at the Twiistup conference in Los Angeles, that he sees an IPO as a possible opportunity for the firm. Rosenblatt, who confirmed the firm has revenues of around $200M and is profitable, responded to a question from GigaOm's Om Malik on a panel saying that the firm is definitely thinking about an exit at some point. Rosenblatt had suggested earlier this year at the Web 2.0 conference the firm was looking at exit options. Ros (More info...)
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Abraxis Plans Spinoff, Names Execs
Los Angeles-based Abraxis BioScience confirmed this morning that it is still planning on a spinoff of its Abraxis Health division this year, and has named a number of executives as part of the effort. According to Abraxis, it has named Bruce J. Wendel as Vice Chairman of its board and CEO of the firm, replacing Lonnie Moulder, who is leaving the firm for other opportunities. The company said Executive Chairman Patrick Soon-Shiong be taking the reigns as CEO and Chairman of Abraxis Health. Wendel (More info...)
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Broadcom Snags Networking GM From Cisco
Irvine-based Broadcom said late Wednesday that it has named Rajiv Ramaswami as Executive Vice President and General Manager of the firm's Enterprise Networking Group. Ramaswami joins Broadcom from Cisco Systems, where he was VP and General Manager of Cisco's Cloud Services and Switching Technology Group. Ramaswami had been at Cisco since 2002, and also served at Xros, Tellabs, and IBM's T.J. Watson Research Center. Broadcom said that previous Enterprise Networking Group head Nariman Yousefi has (More info...)
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Belkin Announces iPad Accessories
Hot on the heels of the announcement of Apple Computer's new iPad tablet computer, Compton-based computer accessories manufacturer Belkin said it has announced three new accessories focused on the device. Belkin said it is shipping three new protective sleeves for the iPad, designed to protect the device from scratching. Belkin said the Vue, Max, and Grip Sleeve products will range from $29.99 to $39.99, and will be available this Spring.
posted on Thursday, January 28, 2010(Full story)

VIZIO Taps Beyonce For Super Bowl Spot
Irvine-based VIZIO announced this morning that it has tapped Beyonce Knowles as the spokesperson for the firm, and will launch a Super Bowl spot featuring the artist during Super Bowl XLIV. According to VIZIO, a major manufacturer of high definition TVs, the firm's Super Bowl ad will run during CBS in-game coverage of the game, and that it will also be the exclusive HD sponsor of the CBS Super Bowl Pre-Game Show. VIZIO did not say what it plans to spend on its Super Bowl push, but said it will a (More info...)
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Dot Hill Completes Cloverleaf Acquisition
Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications, a developer of storage virtualization and management software. The deal was worth a total of $11.9M in a combination of cash and stock, and was originally announced on January 5th. cloverleaf is based in Israel. Dot Hill said it expects the buy to help it expand beyond the storage array market, into the higher margin storage software market. In the firm's 8-K filing describing the trans (More info...)
posted on Thursday, January 28, 2010(Full story)