Monday, November 15, 2010


iChange Finds $500K More
El Segundo-based iChange, the online community site focused on nutrition counseling headed by Stuart MacFarlane, has raised another $500,000, as part of an ongoing $600,000 funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. iChange offers up a site for personal counseling from licensed nutritionists, combined with custom meal plans and support groups. MacFarlane is the former CEO of InsiderPages, which he sold to Citysearch in 2007. Co (More info...)
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Invested.in Looks To License Technology Platform
Los Angeles-based Invested.in, the developer of a site which helps users raise money for projects and ideas, has launched an effort to provide a white label version of its platform. The new Invested.in platform allows anyone to create their own, white-labeled crowd-funding sites, according to the company. Alon Goren, Invested.in's founder, said the new offering is aimed at both media companies and entrepreneurs who might be interested in licensing the platform for their own uses.
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Oversee.net Launches New Travel Site
Los Angeles-based Oversee.net, the operator of a range of domain name and Internet marketing sites, said Monday that it has launched a new, travel planning and hotel booking site, HotelHostess.com. According to Oversee, the new site is aimed at women, to help them find the best travel deals, get vacation ideas, and get other vacation and travel information. The new travel site joins Oversee.net's other destination travel sites, LowFares.com, an airfare travel search site, and AboutAirportParking (More info...)
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Broadcom Completes Percello Acquisition
Irvine-based Broadcom reported MOnday afternoon that it has completed its acquisition of Percello Ltd., a developer of systems-on-a-chip for femtocells. The deal was worth $86M in cash. Broadcom had announced the acquisition of Percello on October 26th. Percello's femtocell semiconductors are used in small, low power cellular base stations for indoor cell phone coverage. Broadcom had said the acquisition will help it accelerate its time to market to deliver femtocell technology.
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Ross Levinsohn Officially Starts At Yahoo
Ross Levinsohn, the former head of Fox Interactive Media, has officially started at Yahoo heading up its Americas Region, according to the company. In a post to Yahoo's users and employees, Levinsohn said today was his "first official day" at Yahoo, calling the opportunity the "greatest opportunity of all in my career". Levinsohn--who until recently was heading up venture capital firm Fuse Capital in Los Angeles--was responsible for Fox Interactive Media's acquisition of MySpace. In his note an (More info...)
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Calacanis Pits LAUNCH Conference Against TechCrunch Disrupt
Jason Calacanis, the CEO of Mahalo.com, has ramped up his competition with former business partner Michael Arrington, saying this morning he is launching a competing startup launch conference called the LAUNCH Conference. Calacanis--who is in the midst of a lawsuit with Arrington over their soured joint venture, TechCrunch50--said the new event will take place on February 23rd and 24th. Calacanis, who revealed the plans for the conference in his personal email list, said the event will focus on (More info...)
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Interview with Jason Lehmbeck, Datapop
Last week, Los Angeles-based Datapop (www.datapop.com) announced a Series A funding for the startup, which is developing search advertising products which better tune ads to improve click throughs. The company's founders are previously from Overture and Yahoo! Search Marketing. We caught up with Jason Lehmbeck, one of the firm's founders, to hear more about the company First off, what is Datapop? Jason Lehmbeck: Datapop was founded by myself and John Zimmerman. We are ex-Overture and Yahoo (More info...)
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Sony Connects Dash To Hulu Plus
Sony said Friday that it has connected Los Angeles-based Hulu's new premium service, Hulu Plus, to its Dash Personal Internet Viewer. According to Sony, the connection means that subscribers to Hulu Plus can access TV episodes, movies, and other content from its Wi-Fi connected device. The Hulu Plus support comes as a new application which runs on the Dash. Sony Dash is Sony's personal Internet access device, which allows users to pull down Internet information and content in an alarm-clock like (More info...)
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Contour Energy Targets 3DTV
Azusa-based Contour Energy Systems, the advanced battery manufacturer and technology developer headed by Joseph Fisher, announced today that it has launched a new line of coin cell batteries targeted specifically at 3DTV, active shutter glasses. The firm--which is developing batteries originally developed at Caltech--said its new high performance coin cells last 61 percent longer that competing brands of batteries. The firm said its own testing, in Panasonic and Sony active shutter glasses, gave (More info...)
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VMIX Expands In Europe
San Diego-based VMIX, the venture-backed provider of online video hosting software and related services, said today that it has expanded in Europe with two new offices. The firm said it has opened up new offices in London and Glasgow, as part of an international expansion. According to the San Diego company, the launch of the two offices is part of an effort to expand globally. The new office will be headed by Brian Keating, who VMIX said has worked for companies such as Apple, Newbridge Network (More info...)
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NTS Gets $65M Credit Facility
Calabasas-based National Technical Systems reports today that it has secured a $65M, senior credit facility from the firm, from Comerica Bank, Bank of the West, and U.S. Bank. The provider of engineering services and testing services to the aerospace, defense, telecommunications and other industries said the line will go towards financing acquisitions, as well as for working capital and other general corporate purposes. NTS said the line is split between $20M in a term loan, $25M in revolving cr (More info...)
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