Friday, July 30, 2010Internet Brands Revenues Grow In Q2Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M on $28.1M in revenues, up from $2.5M in net income on revenues of $23.2M in Q2 of 2009. Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. The firm said it saw growth in its Auto Enthusiast, Home, Travel and Legal verticals, but saw a $1.1M decrease in automotive e-commerce (More info...)
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Irvine Firm Goes On Patent OffensiveIrvine-based Uniloc USA, a firm which develops anti-fraud technology based on physical device recognition, said this morning that it has filed a patent infringement suit against Sony America, McAfee, Activision, Quark, Aspyr Media, and Borland Software. According to the firm, it has filed suit in the United States District Court for the Eastern District of Texas, Tyler Division over unauthorized use of its anti-piracy product activation method and system. Uniloc said that it has also been in a l (More info...)
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RealD Powers Starplex CinemasBeverly Hills-based 3D movie projection equipment provider RealD is supplying discount theater chain Starplex Cinemas with its equipment, according to Starplex. According to Starplex, it has plans to add Real D 3D capability to its discount theaters, beginning with locations in California, Mesquite, Texas, and Irving, Texas. Financial impact of the deal was not disclosed. Starplex said it currently operates 21 theaters and 214 screens in Texas, Oklahoma, Illinois, Washington, Indiana, Ohio, and (More info...)
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Interview with Jeffrey Stibel, Dun & Bradstreet Credibility Corp.Thursday afternoon, Dun & Bradstreet Credibility Corp., a new firm built on assets spun out of Dun & Bradstreet, announced that it had raised $100M in funding from Great Hill Capital. Little noticed by most, the new firm is headed by Jeffrey Stibel, who is involved in such firms as Edgecast, Autobytel, The Search Agency, was CEO of Web.com, and had served as GM at United Online. Stibel and his team have been instrumental in many local, successful startups, both public and private, and have moved (More info...)
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Derycz Scientific Gets $3M Line of CreditSanta Monica-based Derycz Scientific, which operates Reprints Desk and Pools Press, provider of reprints for such things as medical and technical journals, said Thursday that it has received a $3M, revolving line of credit from Silicon Valley Bank. The firm said the funding will go towards managing and growing its business. Derycz Scientific is publicly traded OTC as DYSC.
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SYSPRO Wins Startup CustomerCosta Mesa-based SYSPRO, a developer of enterprise resource planning (ERP) software, reported this week that it has signed up medical device startup NeoTract as a customer. Financial impact of the win was not disclosed. SYSPRO said that NeoTract will use its ERP software to manage its financial, manufacturing, and distribution operations.
posted on Friday, July 30, 2010(Full story)