Tuesday, May 25, 2010
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,
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- Centrally located and easily accessible via four freeways
- No business license fee or gross receipts tax
- A small but growing contingent of tech firms
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- Educated workforce with higher education nearby
- Vibrant downtown with a variety of dining, shopping and entertainment
- Safe/secure working environment

Learn more at http://www.thinkglendale.com

ReVision Optics Raises $35M
Lake Forest-based ReVision Optics, a firm developing implantable lenses for correcting vision, announced Tuesday that it has raised $35M. The round was led by ProQuest Investments, and also included Domain Associates, Canaan Partners, and InterWest Partners. ReVision Optics said the firm is in the midst of an in-depth trial of its PresbyLens corneal inlay, which corrects presbyopia. The funding had been disclosed via a regulatory filing earlier this month, without details.

posted on Tuesday, May 25, 2010 (More)(Full story)

CODA Automotive Plans Factory In Ohio
Santa Monica-based electric car firm CODA Automotive said Tuesday that it has selected Ohio for the location for an automotive-grade, lithium ion battery system manufacturing facility. CODA said the new factory could employ more than 1,000 skilled manufacturing workers, and is contingent upon financing from the state of Ohio and the approval of an application for a Department of Energy (DOE) Advanced Technology Vehicles Manufacturing Loan (ATVM), which it is planning to submit soon. CODA said th (More info...)

posted on Tuesday, May 25, 2010(Full story)

AuctionPoint Gets Investment From MySpace Co-Founder
Marina del Rey-based AuctionPoint, which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. Financial terms of the deal were not disclosed. AuctionPoint said that Anderson joins its board of advisors as part of the investment. The company said the new funding will go towards accelerating the firm's nationwide expansion. AuctionPoint operates an online site which helps commercial real esta (More info...)

posted on Tuesday, May 25, 2010 (More)(Full story)

Transonic Combustion Adds GM's Lutz To Board
Camarillo-based Transonic Combustion, the fuel injection technology firm backed by Venrock, Khosla Ventures, Rustic Canyon, and Saints Capital, said Monday that it has added former General Motors Vice Chairman Robert Lutz to the company's board of directors. Lutz was most recently Vice Chairman of General Motors, and also served at Exide Corp., Chrysler Corp, Ford Motor Co., and BMW in a variety of executive positions. Transonic Combustion said its high efficiency, fuel injection systems provide (More info...)

posted on Tuesday, May 25, 2010(Full story)

Zumbox Gets Stay In Patent Lawsuit
Westlake Village-based Zumbox, a startup developing a system to allow for paperless delivery of mail based on physical postal addresses, said today that it has been granted a Motion to Stay in a patent infringement suit brought against the firm by Pitney Bowes. Zumbox said the stay came as a result of the start of a re-examination by the US Patent and Trademark Office of the patents cited by Pitney Bowes in the lawsuit. Zumbox was sued in October by Pitney Bowes, claiming the firm infringed upon (More info...)

posted on Tuesday, May 25, 2010(Full story)

VCR Plus Codes To Disappear
The VCR Plus+ codes, originally developed by Pasadena-based Gemstar-TV Guide, are officially disappearing, according to numerous reports from newspapers, who say that Rovi--which now owns the VCR Plus+ technology--has stopped issuing the codes. The technology, which allowed VCR owners to easily program the times for recording their favorite television shows into their VCR, is no longer being supported by current technology and digital video recorders. VCR Plus was originally developed by Henry Y (More info...)

posted on Tuesday, May 25, 2010(Full story)

Evertune Raises $800K For Guitar Tuning Gadget
Los Angeles-based EverTune, which has developed technology to automatically keep guitars in tune, has raised $800,000 in a seed funding round, the firm said today. The firm said the funding came from William Quigley, Brock Pierce, Dave Weiderman, and Mark Chayet. Chayet is the founder of Evermark, a CD and DVD manufacturing and distribution firm, and becomes the CEo of the firm along with the funding. EverTune's product is a bridge for a guitar, which keeps strings in tune using a mechanical spr (More info...)

posted on Tuesday, May 25, 2010 (More)(Full story)

FastSoft Targets Internet Retailers
Pasadena-based FastSoft, a developer of web acceleration technology, said today that it has rolled out a new product targeted at Internet retailers, web companies, and CDNs. According to the firm, its new Dynamic Site Acceleratoin (DSA) solution is aimed at speeding downloads for online retailers, and will be available as a standalone software appliance. Pricing on the new product was not announced. FastSoft said the product will speed dynamic Web page downloads by 30 percent or more, without re (More info...)

posted on Tuesday, May 25, 2010(Full story)

Rubicon Project Buys SiteScout
Los Angeles-based Rubicon Project, the online advertising optimization firm backed by Clearstone, Mayfield, IDG, and Peacock Equity Fund, announced this morning that it has acquired SiteScout, a Seattle-based firm providing malware security technology. Financial terms of the buy were not announced. Rubicon said it would use the acquisiton to provide its premium publishers with protection against "malvertising"--the use of online ads to spread malware. Rubicon said that Rob Lipschutz, who was CEO (More info...)

posted on Tuesday, May 25, 2010(Full story)

RealD Licenses 3D Technology To Zoran
Los Angeles-based RealD, a developer of 3D movie technology, and consumer electronics semiconductor firm Zoran said today that Zoran has license RealD's stereoscopic format. Financial terms of the win were not disclosed. The two firms said that Zoran will use the technology to support 3D content delivery and display into TV, set-top box, and Blu-ray players, via Zoran's multimedia processors. RealD's steroscopic format encodes 3D images into a single data stream. RealD's technology is used in th (More info...)

posted on Tuesday, May 25, 2010(Full story)

PowerGenix Hires Chinese Director
San Diego-based PowerGenix, a manufacturer of rechargeable, Nickel-Zinc (NiZn) batteries, said today that it has hired a managing director for its Asian operations. The firm said that Dr. Xu Gang, who the firm said is a leader in the Chinese Lithium-ion battery industry, will head up its Asian operations. Xu was most recently at Tianjin Lishen Battery. PowerGenix is venture backed by Advent International, Angeleno Investors, Bessemer Venture Partners, Braemar Energy Ventures, DFJ Element, GGV Ca (More info...)

posted on Tuesday, May 25, 2010(Full story)

Pacific Pearl Group - Investment Banking Services
Pacific Pearl Group (http://www.pacpearl.com).

Privately-held and publicly-traded (OTCBB, micro- and small-cap companies)
investment banking services. Pacific Pearl Group (Member FINRA/SIPC)
provides a full range of investment banking services, including:
--China entry strategy advisory
--Mergers and acquisitions advisory
--Equity and debt placement
--General corporate finance and valuations advisory (Section 409A, ESOP,
various SFAS)
info@pacpearl.com (626) 584-0570

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 http://www.fast500.com or email

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

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