Friday, July 2, 2010Ceres Raises $20MThousand Oaks-based Ceres, a developer of biofuel crop technology, has raised another $20M in funding, according to a regulatory filing from the firm Friday. Source of the new funding was not disclosed. The filing indicates the round came from five investors. Ceres has previously raised funds from Warburg Pincus, Soros Private Equity, QuestMark Partners, Oxford BioScience, Oppenheimer, Monsanto, KBC, H&Q, and GIMV. Ceres is working on commercial switchgrass seed products which optimize the amoun (More info...)
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Newest Tech Mogul in Town: Microsoft's Paul AllenThe newest technology mogul in Los Angeles this week appears to be Microsoft co-founder Paul Allen, according to a report from the Wall Street Journal. The report says that Allen has purchased beachfront property in Malibu, which was listed at $29.5M. Allen co-founded Microsoft with Bill Gates and is estimated to be worth $13.5 billion. It's unclear--and perhaps highly unlikely--that Allen, who also owns the Portland Trailblazers and Seattle Seahawks, intends to have anything to do with the loca (More info...)
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Ad.ly Expands To Twitter AppsLooking to reduce its dependence on Twitter's fickle advertising policy, Los Angeles-based Ad.ly, the Twitter advertising startup backed by Greycroft Partners and GRP Partners, said earlier this week that it has extended its platform to applications and websites. Ad.ly said it has launched a new platform called Ad.ly for Apps, which allows applications and websites to use and API to pull up targeted, in-stream apps adjacent to a streams from sources like Twitter, Facebook, MySpace, and LinkedIn. (More info...)
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Qualcomm Targets Augmented Reality With SDK, Research LabSan Diego-based Qualcomm is hoping this week that the newly developing field of augmented reality--the layering of software and the real world via mobile phones and computers--will help bolster use of its products, and has released both a software development kit and announced a new research center around the field. According to Qualcomm, it has released a new augmented reality platform and software development kit (SDK), which can be used to power vision-based augmented reality apps, and also o (More info...)
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Telogis Buys Remote DynamicsAliso Viejo-based Telogis, a developer of route planning and fleet management software, said late Thursday evening that it has acquired the assets of Remote Dynamics, a developer of GPS fleet management technology. Financial terms of the buy were not disclosed. Telogis said the acquisition will further its penetration into the industry and into certain verticals. Remote Dynamics' products are used in the construction and heavy lifting industries. Remote Dynamics was based in Plano, Texas.
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Soliant Energy Installs In Palm SpringsPasadena-based Soliant Energy, the developer of concentrating solar energy systems, said this week that it has commercially installed one of its systems in Palm Springs, California. The firm, which is backed by Convexa Capital, GE Energy, Nth Power, Rincon Venture Partners, Rockport Capital Partners, and Trinity Ventures, has been focusing its energies on the commercial rooftop market. The firm said the install was on a commercially owned, 28,000 square foot building in Palm Springs, anchored by (More info...)
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Anametrix Wins San Diego Union-TribuneSan Diego-based Anametrix, a developer of web analytics technology, said this week that it has signed The San Diego Union-Tribune as a customer. Anametrix said that the paper is using its platform for both web analytics, and analyzing mobile, social media, video, e-mail and other efforts. Financial impact of the win was not disclosed. Anametrix says its platform, InstaVista, is targeted at publishing firms, including newspapers, magazines, and directories. Anametrix is headed by Blaise Barrelet, (More info...)
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Illumina Names VPSan Diego-based Illumina announced this morning that it has named Nicholas J. Naclerio, Ph.D., as Senior Vice President, Corporate Development at the firm. Naclerio was the co-founder and executive chairman of Quanterix, and also has served at Boreal Genomics, O-Link Bioscience, Fluxion Bioscience, True Materials, ParAllel BioScience, Motorola, DARPA, and the U.S. Air Force. The firm said Dr. Naclerio will be reponsible for corporate and business development, including licensing, strategic plann (More info...)
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