Thursday, August 19, 2010American Reliance Power Acquired By AMETEKThe El Monte, California-based Power Division of American Reliance (AMREL Power), has been acquired by Pennsylvania firm AMETEK, AMETEK announced Thursday. Financial details of the acquisition were not disclosed. AMREL Power is a provider of direct current (DC) power supplies and loads for the automated test equipment market. AMETEK said that AMREL Power will become part of its San Diego-based Programmable Power Division. AMTEK said that its Electronic Instruments Group has 2009 sales of $1.1 bi (More info...)
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Total Beauty's John Hadl Joins USVP In Los AngelesSanta Monica-based Total Beauty Media's John Hadl has joined venture capital firm U.S. Venture Partners, USVP said today, on the heels of the acquisition of USVP's LimeLife by Total Beauty. According to U.S. Venture Partners, Hadl has been appointed as Venture Partner on the firm's Consumer Internet and Business Services investment team. Hadl is also CEO of Brand-in-Hand (BIH), a provider of mobile advertising to brands. USVP said that Hadl will remain in Los Angeles. The news comes the same day (More info...)
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ThisNext Gets $1.2M In Funding RoundSanta Monica-based ThisNext, the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today. According to the filing, the first investment in the round was August 4th, and included equity, options, and warrants. It's unclear if the funding in this regulatory filing is the same funding as the firm announced on July 21st, from Gary Winnick (Pacific Capital), Bob Pittman (Pilot Group/A (More info...)
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1-800-DENTIST Gains Venture FundingLos Angeles-based 1-800-DENTIST, a provider of marketing services to dentists, said this week that it has raised a round of growth financing from Cue Ball Capital and Bain Capital Ventures. Financial terms of the round were not disclosed. As part of the funding, the firm said has acquired Dental Senders, which develops a marketing and digital communications product for dental practices. As part of the funding, David Shaffer of Cue Ball has joined the company's board of directors.
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Total Beauty Buys LimeLifeSanta Monica-based Total Beauty Media, the online fashion content site run by Emrah Kovacoglu, said this morning that it has acquired LimeLife.com, a female lifestyle and celebrity news site. Financial terms of the acquisition were not announced. LimeLife was founded by Kristin McDonnell. LimeLife is based in Menlo Park, and had raised somewhere north of $20M in funding from Core Capital, i-Hatch Ventures, Monitor Venture Partners, Rustic Canyon Partners, and US Venture Partners. Total Beauty is (More info...)
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Yellowpages.com Revamps SiteAT&T's Glendale-based online YellowPages.com unit said today that it has revamped its site, as YP.com. The firm said it has modified its site to a new, image-based layout highlighting local companies. YP.com, which is a unit of AT&T Interactive, formerly featured a fairly nondescript, search box allowing users to type in the name of businesses or category of businesses to search for. The new site also offers similar features, but also includes scrolling articles highlighting local hotels, restau (More info...)
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Mindspeed Names Board MemberNewport Beach-based semiconductor maker Mindspeed Technologies said this morning that it has added Robert J. Conrad to the firm's board of directors. Conrad is Executive Vice President and General Manager of Fairchild Semiconductor's Mobile, Computing, Consumer and Communications (MCCC) product group. Conrad has also served at Analog Devices and Texas Instruments. Mindspeed said Conrad would help the firm as it executes on its growth strategy. The new board appointment brings the firm's board si (More info...)
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Enterprise Partners Re-Ups On Complete GenomicsSan Diego-based venture capital firm Enterprise Partners is one of the firms in a $39M, Series E funding round for Mountain View-based Complete Genomics, Complete Genomics said today. The round was led by Sands Capital, and also included Essex Woodlands, OVP Venture Partners, Prospect Venture Partners, OrbiMed Advisors, Highland Capital and Enterprise Partners. The round came despite some legal troubles for Complete Genomics from San Diego's Illumina, which Complete Genomics said has filed a pat (More info...)
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ValueClick, LucidMedia Link On Ad PlatformWestlake Village-based ValueClick said today that it has partnered with LucidMedia, a provider of contextual analysis for online advertising. According to ValueClick, it will use the partnership to enable enhanced contextualization services within its online advertising platforms. Financial details of the agreement were not disclosed. ValueClick said the agreement comes after a period of integration, deployment, and testing of LucidMedia's technology. LucidMedia's technology is used for advertis (More info...)
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WebVisible Expands In IndiaIrvine-based WebVisible, which helps small and medium sized businesses place and manage their Internet advertising, announced today that it has opened up a new facility in Mumbai, India. According to the firm, the new operation will house a new technology and operations team. The firm said the new, 15,000 square foot office will help it maintain its comeptitive advantage. The operation currently has nine employees, and the firm says it plans to expand to 30 by year's end, and up to approximately (More info...)
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SpectraFluidics Gets Investment From In-Q-TelSanta Barbara-based SpectraFluidics, a developer of chemical detection systems, announced yesterday that it has received a strategic investment from In-Q-Tel, the venture capital arm of the CIA. Size of the investment was not disclosed. SpectraFluidics develops a vapor trace chemical detection system which monitors airborne molecules to detect such things as explosives. The technology is also being targeted at food and agricultural safety. The company's technology is based on technology which wa (More info...)
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