Tuesday, May 31, 2011SocialCast Acquired By VMwareSocialcast, a developer of enterprise social networking tools which had started in Orange County but was later moved to San Francisco, has been acquired by VMware. Financial terms of the buy were not disclosed. Socialcast< had started in Irvine, but was poached to the Bay Area after getting a Series A funding from Bay Area venture firms, including Baseline Ventures, Menlo Ventures, and True Ventures. Socialcast was previously known as Event Robot.
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Amos Content Group Gets Angel FundingSanta Monica-based Amos Content Group, a provider of editorial and video content services, said today that it has scored a round of angel funding. The firm, which provides online video creation for such firms as SodaHead, Fox, SPIKE, and others, said the funding came from angel investor Michael Wolper. Financial details of the funding were not disclosed.
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Schmoozd Unveils Startup PresentersLos Angeles-based Schmoozd, the startup networking event run by John Diep, said that it has selected twelve startups to present at its upcoming Startup to Startup event Wednesday. The event said that Cravist, SignNow, Paperlinks, BetterWorks, Bevvy.com, Betacandy, CitySourced, NeoHire.com, The VP Contest, keShot, SimpleEvents, and Glass will all show off their services at the event. Diep has been organizing his Schmoozd and StartupToStartup events as a way to bring startups, entrepreneurs, and t (More info...)
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Mad Catz Launches Game StudioSan Diego-based Mad Catz Interactive announced this morning that it has launched a new, game studio, ThunderHawk Studios, which will focus on massively multiplayer, online, flight simulation games. The new studio, also based in San Diego, is expected to launch its first game in 2012. Mad Catz has been making some moves in the flight simulation area recently, having acquired flight simulation and accessory developer V Max Simulation in February. Mad Catz said the new studio will help it expand it (More info...)
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Six Degree Games Raises $4.0MMarina Del Rey-based Six Degree Games, the developer of online virtual worlds for children, has raised another $4.0M in funding, according to a regulatory filing from the firm late Friday. No details on the funding have yet been announced by the company, which is run by Minard Hamilton. The firm has previously raised funding from Clearstone Venture Partners, Prism VentureWorks, and Time Warner. Six Degree Games runs the online virtual world Action Allstars. The new funding would bring the compan (More info...)
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OpenX Gets $20M From SAP, OthersLos Angeles-based OpenX Technologies, the developer of online advertising serving software, announced this morning that it has raised $20M in a Series D funding round. The round was led by SAP Ventures, and also included new investors AOL Ventures, Mitsui & Co. Global Investment, Inc., and Presidio Ventures, along with prior investors Accel Partners, Index Ventures and DAG Ventures. As part of the funding SAP Ventures will join the company's board. The firm said the new funding will go to accel (More info...)
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Savings.com Hires TwoSanta Monica-based Savings.com, the online coupon site run by Loren Bendele, announced this morning that it has named Brian Lee as Head of Consumer Experience, and Meghan Stuyvenberg as head of Public Relations and Community Management. The firm said Lee joins from BabyCenter.com, where he was Director of Product Management, and that Stuyvenberg joins from Hill & Knowlton Australia. Savings.com operates an online site where consumers can search for coupons and discount codes. The company said it (More info...)
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Local.com Boosts Management TeamIrvine-based Local.com has bolstered its executive ranks this morning, saying that it has named Rob Luskey as Vice President of Business Development, and Steven Dong as Vice President of Finance. Laskey was most recently Local.com's Senior Director, Business Development, and DOng joins the firm from Rovion, the firm recently acquired by Local.com. Luskey has previously served at United Yellow Pages and Go2 Systems; Dong has previously served at DigitalPost Interactive, Taitron Components, and Co (More info...)
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