Friday, September 17, 2010Kotura Signs European DistributorMonterey Park-based Kotura, a developer of silicon photonics components, said this week that it has added a distrbutor covering Europe. The firm said it has signed AMS Technologies, a firm specializing in optoelectronics, thermal management and power electronics, as part of a pan-European distribution agreement. AMS will distribute Kotura's entire line of products, which are used for 40 and 100 Gb/s Ethernet communications. Kotura is venture backed by ARCH Venture Partners, GF Private Equity, Ro (More info...)
posted on Friday, September 17, 2010(Full story)
Demand Media Sweetens Executive PotAhead of its IPO, Santa Monica-based Demand Media, the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M in additional, stock-based compensation to its executive officers, if the firm completes an IPO before March of next year. According to the new S-1, it has awarded grants to officers to acquire 11.7 million of its shares, upon the completion of an IPO before March 31, 2011. Among other updates the fi (More info...)
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MicroMedia Filtration Becomes M2 RenewablesIrvine-based MicroMedia Filtration, the venture backed provider of wastewater treatment and renewable energy technology, announced Thursday that it has renamed itself M2 Renewables. The firm, which is backed by clean technology venture capital firm SAIL Venture Partners, said the move reflects a "wider commitment" of the firm to the sustainable solutions market. The firm develops wastewater treatment products it says use 1/5 the energy, and are 1/10th the footprint and 1/2 the cost of existing t (More info...)
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Autobytel Buys Cyber Ventures and AutotropolisIrvine-based Autobytel, which runs an online information site for automotive information and a corresponding automotive leads business, said this morning that it has acquired substantially all of the assets of Cyber Ventures, Inc. and Autotropolis, Inc., based in Tampa, Florida. Both firms were run by the same staff, and provide content and search marketing for the consumer automotive market. Financial terms of the buy were not disclosed. Autobytel said that Cyber Ventures and Autotropolis had a (More info...)
posted on Friday, September 17, 2010(Full story)
eFax Looks Towards Document ManagementLos Angeles-based eFax, the online FAX service run by j2 Global Communications, said this week that it is starting to roll out new solutions aimed at common document management problems. The firm, which offers online FAX services, said it will be launching a number of individual products beginning next week, around managing faxed documents through their life cycle, mobile fax and document management capability, security and regulatory related features, and product integration with "popular hardw (More info...)
posted on Friday, September 17, 2010(Full story)