Tuesday, April 6, 2010Twiistup's New Owners RevealedThe new owners of Los Angeles technology event Twiistup, which is now being managed by Francisco Dao, have finally come out, almost a year after the popular technology networking and conference was sold by Mike Macadaan. The event--which Macadaan sold in May of last year--is now owned by a group of angel investors, including Neil Patel, Andy Sack, Geoff Entress, Andy Liu, John Cunningham, Bob Senoff, and David Niu. According to Francisco Dao, the investor group is headed by Neil Patel, and came (More info...)
posted on Tuesday, April 6, 2010(Full story)
Report: LegalZoom Looks To Shift Out of HollywoodThe latest Internet firm looking to shift its operations out of the City of Los Angeles proper appears to be LegalZoom, according to a report from the Los Angeles Business Journal. According to the LABJ, LegalZoom has told its landlord that it is looking to move when its lease expires in June, as a result of the city's new business tax. The City of Los Angeles has been facing a revolt by a number of local Internet firms over its reclassification of those firms out of the city's lowest "multimedi (More info...)
posted on Tuesday, April 6, 2010(Full story)
Citysearch Hits iPadWest Hollywood-based CitySearch said Tuesday that it has rolled out a new application for the Apple iPad, called cityseries. According to Citysearch, the new app allows users to find restaurants, bars, shopping, spas and other businesses in the top metro areas of the US. The firm said the new app will be in a "digital magazine" format, and will be free to users. The app is available in New York, San Francisco, Chicago, Los Angeles, Atlanta, Austin, Boston, Washington D.C. and Seattle.
posted on Tuesday, April 6, 2010(Full story)
AVST Absorbs NEC DivisionFothill Ranch-based Applied Voice & Speech Technologies, a developer of telephony software and unified communications products, and NEC Corporation of America said today that the two are in a strategic technology relationship. According to the two, AVST will integrate Active Voice, a division of NEC, into AVST. Financial details of the deal wre not disclosed. According to the firms, AVST will manufacture, support and enhance specific Active Voice product offerings for NEC.
posted on Tuesday, April 6, 2010(Full story)
CyberDefender Gets $5M In Debt FinancingLos Angeles-based CyberDefender, the developer of PC security and antispyware/antivirus software, announced today that it has received $5M in a debt financing round from strategic investor GR Match, an affiliate of Guthy-Renker. According to CyberDefender, the funding will help it accelerate its growth. CyberDefender is headed by Gary Guseinov. The firm said it has been working with Guthy-Renker to increase its marketing reach through radio and television advertising.
posted on Tuesday, April 6, 2010(Full story)
WebVisible In Big Win With Newspaper Publisher McClatchyIrvine-based WebVisible, the online small business marketing service headed by Kirsten Mangers, has inked a major deal with newspaper publisher The McClatchy Company. According to The McClatchy Company and WebVisible, they are on an "aggressive" roll out of WebVisible's online marketing platform to every McClatchy U.S. market by the end of the year. The firms said the deal will provide McClatchy's local advertisers with additional ways to get their businesses found. WebVisible had been working w (More info...)
posted on Tuesday, April 6, 2010(Full story)
Internships.com Ties With Latino GroupLOs Angeles-based Internships.com, the online site focused on connecting students with internship opportunities, said today that it has signed a deal with the League of United Latin American Citizens (LULAC), a Latino civil rights and advocacy group. According to Internships.com, they will work together to help Latino young adults connect with job internships. Further details on the deal were not announced. Internships.com is the latest venture of serial entrepreneur Robin Richards, who has been (More info...)
posted on Tuesday, April 6, 2010(Full story)
Ixia Adds Adobe Flash TestingCalabasas-based network testing software and hardware provider Ixia reports today that it has inked a deal with Adobe Systems, to provide a product to provide testing for Adobe Flash. Ixia said Adobe has agreed to provide the firm with Adobe Flash Media Streaming technology, allowing it to create testing products to provide large-scale emulation of Adobe Flash Player software. The new testing capability will be used to test media servers, caching systems, and content delivery networks. Financial (More info...)
posted on Tuesday, April 6, 2010(Full story)
Boingo Gets Gatwick, Rolls Unlimited UK PlanLos Angeles-based Boingo Wireless, which operates a network of Wi-Fi hotspots, said today that it has signed an exclusive deal with London Gatwick Airport (LGW) to operate the airport's retail Wi-Fi services. Financial impact of the win was not disclosed. Boingo said it will be staffing an office in London as part of the win. In a related move, Boingo said it has launched an all-you-can-eat, unlimited Wi-Fi plan in the UK, as part of its rollout at six major airports in the United Kingdom. Boing (More info...)
posted on Tuesday, April 6, 2010(Full story)
Sorenson Media Trumpets GrowthSan Diego-based Sorenson Media, a developer of video encoding software and video hosting services, announced today that the firm had 40 percent revenue growth in its first quarter of 2010. The privately held firm did not disclose any actual financials. Sorenson Media said it saw "significant" revenue growth across all of its product lines, and also has been increasing its hiring. The company did not say what drove that growth and revenue. Sorenson Media is headed by Peter Csathy.
posted on Tuesday, April 6, 2010(Full story)