Wednesday, November 10, 2010Enterprise Partners Portfolio Firm Heads To MarketOne of the portfolio firms of San Diego-based venture capital firm Enterprise Partners, Complete Genomics is set to debut on the market Thursday, after pricing its IPO this evening. According to a filing from Complete Genomics, it will sell 6 million shares at $9.00 per share, below an earlier estimated range of $12.00 to $14.00 per share for the company. Complete Genomics will trade on the NASDAQ Global Market as GNOM. Enterprise Partners owns about 14.8 percent of Complete Genomics. The IPO ma (More info...)
posted on Wednesday, November 10, 2010(Full story)
CapLinked Adds New FeaturesLos Angeles-based CapLinked, the developer of software-as-a-service tools for managing investors communications and exchanges between startups and their investors, told its users today that it has added a number of new features to the site. The firm--which is headed by very early PayPal vet Eric M. Jackson--said it has added a new address book feature, importing of contacts, as well as support for asset sales. CapLinked said the new address feature makes sharing deals on the service easier, and (More info...)
posted on Wednesday, November 10, 2010(Full story)
KidZui Revs Kids BrowserSan Diego-based KidZui, the web browser startup aiming at the children's market, said Wednesday that it has upgraded its software, launching KidZui K2. The firm, which is backed by Mission Ventures, Emergence Capital Partners, First Round Capital, Maveron, and the Scholastic Corporation, said the new K2 browser is faster and simpler to use. KidZui's browser is aimed at families who want to better control what their children are browsing online, and is aimed at kids three to twelve. The browser s (More info...)
posted on Wednesday, November 10, 2010(Full story)
OpusData Takes On Movie Data APIsBeverly Hills-based Nash Information Services, the company behind The Numbers, a data information service providing the latest movie industry box office information, said today that it has launched a new service, OpusData. According to Nash, OpusData allows users to access financial data information on over 15,000 movies, including budgets, domestic and international box office, domestic DVD sales, and biographical information. The new service allows users to access the data via widgets and API (More info...)
posted on Wednesday, November 10, 2010(Full story)
Hulu Expects $240M In Revenues In 2010Los Angeles-based television streaming site Hulu expects to make $240M in 2010, according to Jason Kilar, the firm's CEO. Kilar, who revealed the numbers at today's NewTeeVee conference in San Francisco, also said the firm had $108M in revenues in 2009. Hulu is one of the many companies in Southern California rumored to be prepping for an IPO; the revelation of the company's financials might indicate the firm is nearing a filing.
posted on Wednesday, November 10, 2010(Full story)
RealGravity Finds $3.2MLos Angeles- and San Francisco-based RealGravity, a newly launched firm focused on online video distribution and syndication, announced today that it has raised $3.2M in a funding round. The Series A round was led by Kohlberg Ventures, and also included Peter Boboff of Kicklabs and Transmedia Capital. RealGravity was co-founded by Luke McDonough and Sid Conklin. RealGravity said it provides an online marketplace that connects buyers and sellers of online video content and advertising. The firm s (More info...)
posted on Wednesday, November 10, 2010 (More)(Full story)
LeisureLink Gets $9M In Series CPasadena-based LeisureLink, a provider of distribution services for specialty lodging and vacation rentals, announced today that it has raised $9M in a Series C funding round. The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. The company said the new funding will go towards investments in its technology platform, and also for its sales efforts. LeisureLink's systems help vacation rental operators distribute their inven (More info...)
posted on Wednesday, November 10, 2010 (More)(Full story)
Predixion Taps Microsoft Exec For Advisory BoardAliso Viejo-based Predixion Software, the provider of cloud predictive analytics run by Simon Arkell, said this morning that it has added a former Microsoft executive as an advisor. Predixion said it has added former Microsoft executive and Distinguished Engineer Bill Baker to its advisory board. Baker was most recently CTO of Visible Technologies, and was previously involved in Microsoft's BI team within its SQL Server product unit. Predixion's software allows users to crunch data and run busin (More info...)
posted on Wednesday, November 10, 2010(Full story)
MyShape Raises $5.5M MoreLos Angeles-based MyShape, the online personalized fashion and women's clothing and apparel firm, said today that it has raised $5.5M more in funding. The funding came from Draper Fisher Jurvetson, Tenaya Capital, and Draper Fisher Jurvetson Growth Fund. The company said the new funding will go to grow its operations, aggressively build out its product assortment, and to further develop its personalization technology. MyShape says it is continuing to grow its business, and is now offering up new (More info...)
posted on Wednesday, November 10, 2010 (More)(Full story)
Interview with Kim Folsom, ShowUHowIn the move to online commerce, one of the latest areas of interest by online retailers has been the use of online video, to showcase products and provide training and instruction. For today's interview, we talked with San Diego-based ShowUHow (www.showuhow.com), a firm which is providing both content and a software platform which allows e-commerce retailers to provide video instruction guides on the products they carry. ShowUHow is venture backed and already has signed major retailers and manuf (More info...)
posted on Wednesday, November 10, 2010(Full story)
Nirvanix Raises $10M, Names New CEOSan Diego-based Nirvanix, the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. Nirvanix also said it has named Scott Genereux as its President and Chief Executive Officer. Genereux was most recently at Nirvanix, where he served as Senior Vice President of Worldwide Sales and Marketing. Pr (More info...)
posted on Wednesday, November 10, 2010 (More)(Full story)
Borrego Solar Closes $36M Financing FundEl Cajon-based Borrego Solar Systems, a venture-backed installer of grid-tied and public sector solar power systems, said today that it has closed on a second solar financing fund worth $36M. The new fund comes from U.S. Bank and East West Bank, and will be used for power purchase agreement (PPA) project financing. Borrego said the new fund is being used for a 1.2 megawatt system at MAdera Community Hospital, a 1.8 MW system at the San Diego County Water Authority, and for other new solar energy (More info...)
posted on Wednesday, November 10, 2010(Full story)
QLogic Names China HeadAliso Viejo-based storage networking equipment firm QLogic said Tuesday that it has named Stanley Liu as the firm's General Manager of Greater China. QLogic said that Liu has previously served at firms such as IBM and Sun Microsystems, and has over twenty five years of IT experience. QLogic said Liu will focus on increasing sales for OEM and QLogic-branded products throughout China.
posted on Wednesday, November 10, 2010(Full story)