Tuesday, June 15, 2010
Hulu Streams Presidential Address, Allows Embedding
Los Angeles-based streaming video site Hulu said this afternoon that it is streaming the presidential address at 5:00p.m. by President Obama, and will allow other web sites to embed a live stream of the event. Hulu said the stream, which will also be made available internationally, can be embedded into any blog or web site through a widget. President Obama is addressing the oil spill in the Gulf tonight in his speech, which is also being streamed on YouTube and elsewhere. Hulu's embedded blog wi (More info...)

posted on Tuesday, June 15, 2010(Full story)

Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4
Santa Monica-based Rubicon Project, the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon. Addante said the firm--which has taken $42M in venture capital from Clearstone, Mayfield, IDG, and Peacock Equity fund--is on track to achieve the "ultimate test of success" for any startup, profitability. Addante said the firm now is processing over 50 billio (More info...)

posted on Tuesday, June 15, 2010(Full story)

Zag Raises $11.1M More
Santa Monica-based Zag, the online auto buying software firm headed by Scott Painter, has raised $11.1M in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. Source and details on the funding have not yet been announced by the company. The filing indicates the first funding in the round came on June 2nd. Zag is developing auto buying and configuration software used by groups such as the AAA, USAA, Overstock.com, and other groups to provide their members w (More info...)

posted on Tuesday, June 15, 2010 (More)(Full story)

ProFlowers Tops Web Traffic Rankings In May
San Diego-based e-commerce firm ProFlowers.com was the top ranked U.S. web property for May, based on percentage change in unique visitors, according to the latest comScore Media Metrix numbers. According to comScore, Mother's Day, graduation, proms, and weddings helped to drive traffic to flower gift and greeting sites, driving ProFlowers to the top of the unique visitors increase list. ProFlowers.com, which is a unit of Provide Commerce, saw visitors grow from 2.7M uniques in April to 7.28M in (More info...)

posted on Tuesday, June 15, 2010(Full story)

Southern California Teams Named Cleantech Open Semifinalists
The Cleantech Open, the clean technology focused business competition, has named the semifinalists for its 2010 competition, indicating a number of Southern California firms are semifinalists in the competition. According to the Cleantech Open, the teams are competing for up to $50,000 in cash and in-kind services in their region, and a grand prize of $250,000 in cash and services nationally for the best business plans and investor pitches for their firms. In the California region, in the Air, W (More info...)

posted on Tuesday, June 15, 2010(Full story)

White House To Answer Oil Spill Questions On YouTube
Search engine giant Google said today that the White House will be taking questions from its users, after a live broadcast of President Obama's address on the Gulf oil spill tonight at 5pm PST. Google said that White House Press Secretary Robert Gibbs will be taking questions via its Google Moderator service, and answer them via video on the White House YouTube channel, for 15 minutes after the remarks by Obama.

posted on Tuesday, June 15, 2010(Full story)

Make It Work Expands Into Web Services
Santa Barbara-based Make It Work, the in-home computer and electronics service and help firm headed by Eric David Greenspan, said this week that it has launched a new web and social media services arm. The company said it will provide services such as site hosting, domain registration, social media strategy, blog installation, email newsletters, and other social media help to companies. Make It Work is known both for its ubiquitous red Mini Cooper service vehicles, as well as its radio shows on (More info...)

posted on Tuesday, June 15, 2010(Full story)

Insights and Opinions: I'm Drowning in Social Media and Going Down for the Count

For today's Insights and Opinions section, where we feature articles from the thought leaders in Southern California's high tech industry, Jeffrey Swartz takes a look at the overwhelming flood of social media, and how to deal with it.

There was a time not long ago—a happy time—when marketing communications was uncomplicated. It consisted of press releases, feature articles, case studies, editorial tours and an occasional interview or speaking engagement.

And then...the fan (and all t (More info...)

posted on Tuesday, June 15, 2010(Full story)

Prolacta Ties With Susan G. Komen for the Cure
Monrovia, California-based Prolacta Bioscience, the venture backed firm developing human milk fortifiers for premature infants, announced this morning that it will be donating funds to the Susan G. Komen for the Cure as part of its milk donation program. The firm, which collects excess milk from mothers for developing its milk fortifiers for premature infants, said it will donate one dollar to Komen per ounce of qualified breast milk it collects through the Helping Hands Milk Bank. The firm said (More info...)

posted on Tuesday, June 15, 2010(Full story)

OneMind Connect, Make of ExpensAble, Acquired By Administaff
Irvine-based OneMind Connect, which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. Administaff did not reveal any financial details of the buy. ExpensAble is an expense report management software delivered both as installable desktop software and as software-as-a-service. The firm was headed by John Tangredi. Administaff said that ExpensAble's existing management and staff will continue to oversee operatio (More info...)

posted on Tuesday, June 15, 2010(Full story)

ReachLocal Gets Social With New Local Business Site
Woodland Hills-based ReachLocal said today that it has launched a new, beta of a local business site called Bizzy. ReachLocal said that Bizzy will allow users to connect with local businesses, receive exclusive offers, invitations to events, tips, and news from their favorite businesses. The new site is launching first in New York, San Francisco, and Dallas. Zorik Gordon, CEO of ReachLocal, said in a statement that the new site is a "separate, unique place" for local business owners to communica (More info...)

posted on Tuesday, June 15, 2010(Full story)

Qualcomm Ties With SEMATECH
San Diego-based Qualcomm and semiconductor consortium SEMATECH said today that the two are in a collaboration, focused on CMOS scaling and technology. According to the two, Qualcomm will participate in helping SEMATECH's efforts to assess the feasibility of technologies designed to extend Moore's Law. Qualcomm is the first, fabless chip manufacturer to join the group. SEMATECH is an consortium of semiconductor manufacturers working on strategic R&D for the industry.

posted on Tuesday, June 15, 2010(Full story)

RealD Rolls Out Kids Glasses
Los Angeles-based RealD, the provider of 3D movie projection technology, said today that it has rolled out new, kid-sized 3D glasses. According to RealD, the new glasses are designed to fit children 8 years of age and under, and will be available starting June 18th at theaters showing the Disney-PIXAR "Toy Story 3" movie.

posted on Tuesday, June 15, 2010(Full story)

Practice Technologies Becomes RealPractice, Moves To OC
Practice Technologies, a developer of software for attorneys and law firms, is announcing today that it has renamed itself RealPractice, moved its headquarters to Santa Ana, and also hired Carey Ransom as its new CEO. RealPractice is venture backed by Miramar Venture Partners and Rustic Canyon Partners. Ransom was most recently VP of Business Development at Brand Affinity Technologies, and also served at Webvisible and other firms.

posted on Tuesday, June 15, 2010(Full story)

The Tech Industry on the 101 Corridor - 6/18 - Westlake Village
Join us next Friday, June 18th, for the TechAmerica Westlake Senior Financial
Executive Roundtable Breakfast Series.

Ben Kuo, publisher and editor of socalTECH.com, will present an overview of
the tech hotspots on the 101 Corridor from Hollywood to Santa Barbara. Ben
will discuss: -An overview of where the tech clusters are along the 101
freeway from Hollywood to Santa Barbara -Where venture capital is flowing
within this market -Market data of the number, sizes and industry focus of
tech companies in our area. -Plenty of time will be available for Q&A.

Register today at:

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
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>> 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

http://www.socalip.com/strategic_counselors.html - info@socalip.com

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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

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