Wednesday, May 19, 2010
Deloitte Technology Fast 500 - Call for Nominations!

Submit your nomination for the Deloitte's 2010 Technology Fast 500, a
list of the 500 fastest growing technology, media, telecommunications,
life sciences, and clean technology companies in the United States and
Canada based on percentage revenue growth from 2005 to 2009.

Your placement on the Technology Fast 500 means increased recognition
from business and financial communities, positive media coverage and the
opportunity to celebrate your company's fast growth. Companies from the
Southern California area that make the Fast 500 list will be honored at
an awards event in the fall.

For more information, visit or email

Tech Coast Angels Ups Funding In Five Firms, Sees New Deals
The Tech Coast Angels, Southern California's largest angel investor group, told its sponsors and members this week that it invested in five follow-on deals in Q1, investing a total of $11.5M, and just made three additional investments in firms in recent weeks. The group said that it boosted its investments in Cyber-Rain, Benchmark Revenue, Allylix, Vigilistics, and H2Scan in Q1, and just closed on $2.9M invested across Amplyx Pharma, Vokle, and MicroPower, with two of those deals just closing in (More info...)

posted on Wednesday, May 19, 2010(Full story)

Cubic Buys Impeva Labs
San Diego-based Cubic Corporation, a defense services firm, said earlier this week that it has acquired the assets of Mountain View-based Impeva Labs. Financial terms of the acquisition were not disclosed. Impeva provides tracking and monitoring technology used by the Department of Defense. The firm's technology uses satellite, GSM mobile communications, and RFID to track supply chains for the military and others, and was founded in 2004.

posted on Wednesday, May 19, 2010(Full story)

Giiv Ups Funding To $3.35M
Los Angeles-based Giiv, a mobile gifting service which allows users to text message gifts to their friends, has upped its funding to $3.35M in its latest venture round, according to a filing by the firm Wednesday. Source of the new funding was not disclosed. Giiv has previously raised funding from Saban Ventures, which continues to hold a spot on the firm's board of directors. The funding is up from an earlier $2.3M raised in the same round of funding by the firm in November. is headed (More info...)

posted on Wednesday, May 19, 2010 (More)(Full story) Debuts Big Screen Site
Los Angeles-based, the online video programming guide firm run by former CEO Jim Lanzone, debuted a "big screen" version of its site today at the Google I/O conference. The firm said its new site,, uses HTML5 to provide a guide which can be navigated with a remote or arrow keys on a big screen television. The firm said the new site is designed to support using the web on 50-inch displays. Clicker is venture backed by JAFCO Ventures, Benchmark, and Redpoint Ventures (More info...)

posted on Wednesday, May 19, 2010(Full story)

MySpace Rolls Out Mobile SDK
Los Angeles-based social networking service MySpace is looking to attract mobile developers, saying today that it has released a new SDK which will allow developers to integrate the site into mobile applications. MySpace said the SDK, which works for both the Google Android platform and Apple platforms, will allow developers to incorporate features such as logins, status updates, photo and video uploads, and access to friends lists. MySpace said that the Android toolkit is available today, and t (More info...)

posted on Wednesday, May 19, 2010(Full story)

Insights and Opinions: Top 10 Ways to Win a Business Plan Competition
For our Insights and Opinions section this afternoon, we have Frank Peters of the Frank Peters Show, who is back with another top ten list--a bit less controversial than his last list of Top Ten Lies Angels Tell. This time, Frank gives the Top 10 Ways to Win a Business Plan Competition.

I'm a judge in a local university's business plan competition. Over the past few years I've been involved in different ways in the UC Irvine, Paul Merage School of Business, Business Plan Competition. Last y (More info...)

posted on Wednesday, May 19, 2010(Full story)

Paragon Airheater Technologies Snags Funding
Corona-based Paragon Airheater Technologies, a developer of technology to reduce fuel consumption and carbon emissions in fossil fuel power generation plants, has raised a round of funding, according to Costa Mesa-based venture capital firm SAIL Venture Partners. Amount of the funding was not disclosed. According to SAIL, the investment came from the firm along with co-investor Arborview Capital. Paragon serves such companies as ExxonMobil, Chevron, DTE Energy, Duke Energy, Georgia Power, Shell, (More info...)

posted on Wednesday, May 19, 2010(Full story)

CyberDefender Taps Symantec For Product Development VP
Los Angeles-based CyberDefender, a developer of anti-spyware and anti-virus software, said today that it has named Sarah B. Hicks as the firm's new Senior Vice President of Product Development. Hicks comes to the firm from Symantec, where she had been for more than 12 years. CyberDefender said Hicks helped to develop a number of Symantec flagship products, including Norton AntiVirus, Norton SystemWorks, Norton Internet Security and N360. hicks reports to CEO Gary Guseinov.

posted on Wednesday, May 19, 2010(Full story)

CODA Raises $58M In Series C Funding
Santa Monica-based electric car manufacturer CODA announced this morning that it has raised another $58M in funding, as part of a Series C investment round. According to the firm, the round was led by Aeris Capital, and also included EDB Investmentes (EDBI); Countyline LLC, owned by Tony Pritzker and J.B. Pritzker; and Lex Wexner, Chairman and CEO of Limited Brands. The firm also said that Thomas F. Steyer, Mac Heller, Miles Rubin, John Bryson and Angeleno Group also participated in the funding (More info...)

posted on Wednesday, May 19, 2010 (More)(Full story)

Acclaim Games Acquired By Playdom
Los Angeles-based Acclaim Games, a developer of casual and social networking games, has been acquired by Mountain View-based Playdom, Playdom said Tuesday evening. Financial terms of the deal were not disclosed. According to Playdom, Acclaim will continue to be run by Howard Marks, most recently CEO of Acclaim, with Acclaim Chief Technology Officer Neil Malhotra acting as Senior Technical Officer. Playdom said the acquisition would also give it access to the game development talent in Southern C (More info...)

posted on Wednesday, May 19, 2010(Full story)

PEAK15 Wins Tour Operator
Carlsbad-based PEAK 15 Systems, a developer of integrated trip planning, marketing, booking/reservations, operations and accounting automation software-as-a-service for tour operators, said it has signed on Austin-Lehman Adventures as a customer. Financial terms of the win were not disclosed. PEAK 15's software uses the OpenTravel standard to provide trip information to travel agents. PEAK15 is headed by James O'Leonard.

posted on Wednesday, May 19, 2010(Full story)

RealtyTrac Names VP
Irvine-based RealtyTrac said Tuesday that it has hired Jesse Gant as the firm's new Vice President Product and User Experience. The firm, which operates an online service for researching and finding foreclosure properties, said that Gant joins the firm from Teradata. Gant also served at Move Networks,, Omniture, and RealtyTrac said Gant will help develop a product plan and vision for the firm.

posted on Wednesday, May 19, 2010(Full story)

Register for Shaking The Money Tree - May 19th - Westlake Village
The MoneyTree Report is a quarterly study of venture capital investment activity in the United States. As a collaboration between PricewaterhouseCoopers and the National Venture Capital Association, based upon data from Thomson Reuters, it is the only industry-endorsed research of its kind. The study is a staple of the financial community, entrepreneurs, government policymakers and the business press worldwide. The quarterly conference is hosted by the Los Angeles Venture Association in venues throughout southern California. The first quarter review of venture capital investments will be held at the Westlake Hyatt Plaza, May 19, 2010, 6:00 p.m. 8:00 p.m.

Panel includes David Cremin, Managing Director, DFJ Frontier; Samit Varma Partner, Anthem Venture Partners; Jeff Carmody, Chief Operating Officer, Agility Capital; and Ivan Nikkhoo, Managing Director, Siemer & Associates.

Register today at

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
>> Pragmatic cost-effective IP portfolio management
>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
>> Intellectual property aspects of mergers and acquisitions

310 N. Westlake Blvd., Suite 120, Westlake Village, CA 91362
735 State St., Suite 211, Santa Barbara, CA 93101 -

Need Office or Tech Space? Think Glendale
Need Office or Tech Space? Think Glendale

Glendale is an ideal location for locating your high tech startup,
offering benefits like:

- Centrally located and easily accessible via four freeways
- No business license fee or gross receipts tax
- A small but growing contingent of tech firms
- Lower rents on average for office, industrial space
- Educated workforce with higher education nearby
- Vibrant downtown with a variety of dining, shopping and entertainment
- Safe/secure working environment

Learn more at

Advertisement - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Sponsored By


Recent Interviews

Browse Issues