Tuesday, July 13, 2010Sonos Ties Into Music Streaming Service Wolfgang's VaultSanta Barbara-based Sonos, the developer of user-friendly, multi-room wireless music systems, said today that it has has linked with Wolfgang's Vault, a music streaming service provider focused on live concerts. According to Sonos, it is now offering a 30-day trial to Wolfgang's Vault, starting today. Business terms between the firms was not disclosed. Sonos said that Wolfgang's Vault is accessible via its Sonos Controller in the "More Music" section. Wolfgang's Vault has concerts from such arti (More info...)
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Activision Taps Advertising Agency For Publishing ChiefSanta Monica-based Activision Blizzard announced today that it has named Eric Hirschberg as CEO of its Activision Publishing arm. Hirschberg joins the firm from marketing and advertising firm Deutsch LA, where he was CEO and Chief Creative Officer for the last 13 years. According to the computer gaming firm, HIrschbird will oversee operational management of its studio, product development, and consumer devleopment, taking over from Mike Griffith, who has become Vice Chairman of Activision Blizza (More info...)
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Zogenix Gets $50M in Debt, EquitySan Diego-based Zogenix announced today that it has just raised $35M in debt, and $15M in equity funding. The developer of biopharmaceuticals said that the $35M in debt came from Oxford Finance Corporation and Silicon Valley Bank, and was split between $25M in a term loan and $10M in a revolving line of credit. In addition to the debt, the firm said it has raised $15M in additional funding, from all of its existing investors, including Clarus Ventures, Domain Associates, Scale Venture Partners, (More info...)
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RingRevenue Ropes In Rex DirectSanta Barbara-based RingRevenue, the pay-per-call services firm headed by Jason Spievak, has signed on a new customer today, Rex Direct Net. According to Rex Direct Net, it will offer pay-per-call services powered by RingRevenue's products. Financial details of the win were not announced. Rex Direct Net is a performance marketing firm providing affiliate marketing, online lead generation and market research sampling. RingRevenue develops technology which allows marketers to track the source of p (More info...)
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ToutVirtual Inks Deal With SymantecCarlsbad-based ToutVirtual, a provider of virtualization management and performance management tools, said today that it has signed an OEM agreement with Symantec, to include Symantec's Backup Exec system recovery tools to its suite of products. The firm said the deal will provide its cusotmers with high availability and disaster recovery capability to its VirtualIQ product suite. Financial details of the agreement were not disclosed. ToutVirtual develops virtualization management software, and (More info...)
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Interview with Mehdi Daoudi, CatchPoint SystemsMehdi Daoudi is CEO of CatchPoint Systems (www.catchpoint.com), a new Los Angeles startup focused on the web site and web application monitoring industry. Daoudi was previously an executive at DoubleClick. Daoudi spoke to us about how his experience at DoubleClick resulted in starting up CatchPoint.
What does CatchPoint's software do?
Mehdi Daoudi: The idea is very simple. We're trying to make monitoring of web sites and applications sexy and simple. This is the plumbing on the Internet, w (More info...)
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RealD, Marchon In Eyewear DealBeverly Hills-based RealD, the developer of 3D movie technology, and eyewear maker Marchon Eyewear announced this morning that the two are in a licensing agreement. According to the companies, Marchon will use the RealD brand for sales of a new line of 3D eyewear, Marchon3D. Financial terms of the deal were not disclosed. Marchon said it has agreed to purchase the 3D assets of MicroVision Optical to launch its 3D product line and company, Marchon3D. Marchon3D will distribute RealD-compatible 3D (More info...)
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Sorenson Media Claims Revenue GrowthSan Diego-based Sorenson Media, a developer of video encoding and decoding software, said today that it had 40 percent plus revenue growth in the quarter. The privately held firm--which did not disclose actual financials--claimed that it was the third consecutive quarter of 40 percent plus growth for the firm. The firm attributed the revenue gains from the release of its Sorenson 360 online video platform, the firm's own content deliver network and content management system. The firm said it is (More info...)
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Occam Networks Selected By New York CustomerSanta Barbara-based Occam Networks, a developer of broadband telecom equipment, reported today that it has been selected by Slic Network Solutions for a broadband deployment. The firm said that Slic, which is owned by Nicholville Telephone, is using its BLC 6000 products to deliver broadband to 700 households and 39 businesses in Franklin County, New York. The win is part of a $5.2M, broadband stimulus fiber project. Occam did not say what the size of the deal was worth to the firm. Occam's hard (More info...)
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