Wednesday, September 29, 2010Opthonix Sees $5.39M MoreVista-based Opthonix, a developer of wavefront guided, high definition vision eyeglasses, has raised $5.39M as part of an ongoing, $12.1M financing, according to a regulatory filing from the firm earlier this week. Details on the funding have not been announced by the company. Opthonix is venture backed by Cross Creek Capital, DAG Ventures, Enterprise Partners, Gund Investment Corp., Interwest Partners, Kleiner Perkins Caufield and Byers, Palo Alto Investors, Trex Enterprises, and Wasatch Adviso (More info...)
posted on Wednesday, September 29, 2010 (More)(Full story)
Sonos Releases iPad AppSanta Barbara-based Sonos, the developer of the Sonos wireless, multi-room music systems, said Wednesday that it has released its Apple iPad application. The application--which users had been eagerly awaiting, particularly since a slip of its release date in August--is available for free on the iTunes App Store. The Sonos Controller for iPad allows owners of Sonos equipment to control that equipment using the iPad's touch screen. The Sonos iPod version of the software had already been available (More info...)
posted on Wednesday, September 29, 2010(Full story)
CODA Taps Wilson Sonsini For General CounselSanta Monica-based electric car maker CODA Automotive announced today that it has named Christopher Rose as its General Counsel. The firm said that Rose was most recently Of Counsel at Wilson Sonsini Goodrich & Rosati in Palo Alto, and also has served at Fidelity national Financial, as well as Skadden, Arps, Slate, Meagher & Flom. According to CODA, Rose will be responsible for all of the company's legal matters, and to manage its team of lawyers and legal staff. CODA is a developer of all-elect (More info...)
posted on Wednesday, September 29, 2010(Full story)
UCLA Gets $6M For Nanotechnology CenterThe U.S. Commerce Department's National Institute of Standards and Technology (NIST) said today that it has awarded $6M in grants to the University of California, Los Angeles, focused on energy conservation technologies in microelectronics and nanotechnology. According to the NIST, the grants are part of a $50M grant award to five institutions nationwide. The UCLA grant goes to the Western Institute of Nanotechnology on Green Engineering and Metrology (WIN GEM), which has a budget of $30.0M. The (More info...)
posted on Wednesday, September 29, 2010(Full story)
Shopzilla Partners With GoogleLos Angeles-based Shopzilla annoucned today that the firm has inked a strategic partnership with Google, to include its Bizrate ratings and review within Google's Product Search and Google AdWords ads. Financial details of the relationship were not disclosed. Shopzilla operates a program which lets consumers provide ratings and reviews of sellers who use the firm's comparison shopping engines. According to Shopzilla, the Google deal allows Google to display full length reviews for all retailers (More info...)
posted on Wednesday, September 29, 2010(Full story)
Southern California IPO List Gets A Little LongerThe list of Southern California companies who have filed, have been rumored to file, or have successfully completed IPOs has gotten a little longer this morning, after Santa Monica-based Cornerstone OnDemand filed for an IPO. Other firms currently in registration include Santa Monica-based Demand Media; San Diego-based Zogenix; Inphi Corp., which has most of its employees in Westlake Village; Los Angeles-based Gamefly; City of Industry-based NewEgg; San Diego-based Fallbrook Technologies; and Th (More info...)
posted on Wednesday, September 29, 2010(Full story)
Cornerstone OnDemand Files For IPOIn what looks to be a banner year for IPO filings for Southern California, Santa Monica-based Cornerstone OnDemand filed for an IPO this morning, saying that it is looking to raise up to $115M in an IPO. The firm has not yet specified an exchange it plans to list on. The IPO is being underwritten by Goldman, Sachs & Co., Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. Cornerstone OnDemand--which is headed by Adam Miller--is venture backed b (More info...)
posted on Wednesday, September 29, 2010(Full story)
Move Redesigns Realtor.comMove, Inc., which operates the online home sales site Realtor.com, said today that it has launched a redesigned site, built on a entirely new platform. According to Move, which has operations in Thousand Oaks but now says its headquarters is in Silicon Valley, the new site is powered by a new platform and a new property database, including access to new construction, rentals, and off-market listings, a new search box for active listings, and an overall streamlining of the site. Move operates the (More info...)
posted on Wednesday, September 29, 2010(Full story)
TigerText Gets $1.9MSanta Monica-based TigerText, a new startup focused on mobile messaging applications, said Tuesday evening that it has raised $1.9M in an angel funding round. The round came from Silicon Valley investors Herb Madan and Randall Kaplan. Kaplan is co-founder of Akamai Technologies, and Madan has joined the company's board of directors. TigerText said it is developing mobile applications aimed at creating a secure way to send mobile messages, as a resplacement to SMS. The firm said the new funding w (More info...)
posted on Wednesday, September 29, 2010 (More)(Full story)
Vitesse Ramps Product IntrosCamarillo-based Vitesse Semiconductor, the developer of networking semiconductors, said today that it has added 30 new product solutions to its portfolio so far this year. The firm develops chips used in Carrier Ethernet and enterprise networks. The firm said the ramp comes as it has begun focusing its R&D efforts on adding carrier features to enterprise and public networks, and specifically aiming at Carrier Ethernet standards. The firm has been making up lost time, after distractions related t (More info...)
posted on Wednesday, September 29, 2010(Full story)
SRS Labs Names VPSanta Ana-based SRS Labs, a developer of surround sound technology, said today that it has named Chuck Cortright as the firm's new Vice President of New Business development. Cortright has previously served at DivX, where he was Executive Vice President of Sales and Marketing, and was previously an executive at SRS Labs before his stint at DivX.
posted on Wednesday, September 29, 2010(Full story)