Monday, June 20, 2011
Technology Rising Stars of Los Angeles — Call for nominations
Connect. Grow. Inspire

Deloitte’s Technology Fast 500™ program honors the fastest growing technology, media, telecommunications, life sciences and clean technology companies in Los Angeles based on percentage revenue growth from 2006 to 2010. The Los Angeles program also recognizes younger companies as "Rising Stars" based on percentage revenue growth from 2008 to 2010.

What is a Los Angeles Rising Star?

Rising Star is a special award that recognizes fast growing technology, media, telecommunication, life sciences and clean technology companies that have been in business three or four years, and is based on percentage revenue growth from 2008 to 2010. These companies will be recognized as Rising Stars on their way to becoming a Technology Fast 500 winner.

For more information, email

Namesake Bolsters Technical Team
West Hollywood-based Namesake, the real-time, conversation and community site founded by Brian Norgard and Daniel Gould, has started expanding its team, saying today that it has hired Jeff Potter to head up development and operations at the startup. Namesake said Potter's experience includes running his own ISP, and authoring the book "Cooking For Geeks".

posted on Monday, June 20, 2011(Full story)

Ortiva Wireless Raises $2.5M
La Jolla-based Ortiva Wireless, which develops wireless video optimization and streaming hardware and software for wireless operators, has raised $2.5M in a convertible debt funding round, according to a filing from the firm Friday. The filing indicates the funding is part of a $3.786M fundraising effort still in progress by the company. Source of the new funding was not announced. Representatives from Artiman Ventures, Mission Ventures, and Comcast Interactive Capital continue to have seats on (More info...)

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Survey: Daily Deal Emails Overwhelming
The explosion of daily deal sites like Groupon and LivingSocial--which has resulted in a deluge of daily deal emails into consumers inboxes--looks to be overwhelming those consumers, according to a survey by Los Angeles-based PriceGrabber. PriceGrabber, the online comparison shopping site now owned by Experian, said it conducted the survey of 2,088 U.S. online consumers between May 20th and 25th, which found that 52 percent of shoppers surveyed are now feeling overwhelmed by those daily emails. (More info...)

posted on Monday, June 20, 2011(Full story)

ClariPhy Raises $14M More
Irvine-based ClariPhy Communications, which develops high speed, mix signal digital signal processing chips for optical networking, announced today that it has raised $14M in a new funding round. The round was led by Nokia Siemens Networks, and also included the company's prior investors. According to the company, it will use the funding for volume deployment of its chips. ClariPhy is headed by Paul Voois. ClariPhy is backed by Norwest Venture Partners, as well as others.

posted on Monday, June 20, 2011 (More)(Full story)

W4 Scores $10M In Funding
Santa Monica-based W4, an online advertising marketplace founded by former Hydra Network executives, said this morning that it has raised $10M in debt funding. The firm said the funding came from Silicon Valley Bank. W4 is headed by Jason Durant Walker. W4's co-founders include three former Hydra Network founders.

posted on Monday, June 20, 2011(Full story)

Active Network Heads to Russell 2000
San Diego-based Active Network, the recently public provider of online registration services for the sports, community activity, outdoors, and other markets, announced today that it has been added to the Russell 2000 Index. The firm said it will become part of the index after market close on June 24th. The firm had an IPO in May.

posted on Monday, June 20, 2011(Full story)

Leap Adds Two Directors
San Diego-based Leap Wireless International, the firm which operates the Cricket mobile phone service, said Friday that it has nominated two new directors to its board. The firm said it has nominated Paula Kruger and Mark A. Leavitt to its board, replacing John H. Chapple and William A. Roper, Jr. Kruger is the CEO of Milano Worldwide Corporation, and previously served at Qwest Communications, Electronic Data Systems, Taylor Windfield, Heidrick & Struggles, Excel Communications, as well as other (More info...)

posted on Monday, June 20, 2011(Full story)

TowerJazz Wins Chinese Chip Firm
Newport Beach-based TowerJazz, the semiconductor foundry firm, said today that it has been selected by a Chinese chip firm, Southwest Integrated Circuit Design> (SWID), for its SiGe BiCMOS process. TowerJazz will help develop high performance, RF integrated circuits for SWID. The company did not say what volumes or financial impact of the win would be. The new TowerJazz customer is using the firm for manufacturing a transceiver chip for walkie-talkies.

posted on Monday, June 20, 2011(Full story)

We Helped Twitter With Their Office Space, We Can Help You
We Helped Twitter With Their Office Space, We Can Help You

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Ventura Ventures Technology Center (V2TC) - Business Incubator
The Ventura Ventures Technology Center (V2TC) is a high-tech business incubator located in downtown Ventura, CA. V2TC offers a creative environment where high-tech start-ups and entrepreneurs can network, brainstorm, and grow their business. Work-spaces are affordable, flexible and scalable in order to allow companies the ability to manage their growth effectively and efficiently.

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Orange County High Tech Report - Sponsored by SYCR
Get the latest high tech news and information, filtered for Orange County on the Orange County High Tech Report, sponsored by Stradling Yocca Carlson & Rauth. Everything about OC - news, fundings, and events - in one place.

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