Friday, July 22, 2011Core Performance Opens Tech Dev Center In HollywoodCore Performance, a venture backed sports and corporate wellness company backed by Polaris Venture Partners, has opened up an office in Hollywood, to house its technology operations. According to Jon Zerden, the company's CTO, the firm is aggressively hiring for technology and product positions at the new location. Core Performance is based in Tempe, Arizona. The firm said the new location will focus on developing the software that runs its advanced gym equipment, as well as online wellness soft (More info...)
posted on Friday, July 22, 2011(Full story)
LA Angels, T-Mobile Team On Tablet RentalsLooking to try out a new tablet, but not ready to shell out for one? Wireless carrier T-Mobile USA said Friday that it is partnering with the Los Angeles Angels, to rent out tablets at the Angel Stadium in Anaheim. According to T-Mobile, it will rent out tablets to Angels fans, for $10.00 a day. T-Mobile will offer up the Samsung Galaxy Tab and 4G T-Mobile G-Slate, with free access to premium Zinio magazines like ESPN, mobile TV from MobiTV, and a special "game day" program. The firm said it be (More info...)
posted on Friday, July 22, 2011(Full story)
Wildcat Discovery Technologies Raises $6.85MSan Diego-based Wildcat Discovery Technologies, a firm developing advanced materials for the clean technology industry, has raised $6.85M out of an ongoing $7.5M funding round, according to a regulatory filing by the firm this week. The firm has previously raised funding from CMEA Ventures, 5AM Ventures, and Virgin Green Fund. Source of the new funding has not yet been announced, however, representatives from all of the firm's prior investors continue to hold board seats at the company.
posted on Friday, July 22, 2011 (More)(Full story)
Elevance Renewable Sciences Raises $50M MoreElevance Renewable Sciences, the spinout of Pasadena-based Materia, has scored $50M more in a funding round, according to a regulatory filing by the firm this week. Elevance Renewable Sciences is developing processes to take plant-based oils and turn them into specialty chemicals. Elevance spun out of Materia in March of 2008, and had previously raised at least $140M in funding. The firm's technology is based on research originally created at the California Institute of Technology. Elevance is b (More info...)
posted on Friday, July 22, 2011 (More)(Full story)
Diversion Gets Series B For Social GamesLos Angeles-based Diversion Inc., a developer of social games, said today that it has scored a Series B strategic funding round. Size of the round was not announced. The firm said the investment was led by TomorrowVentures, hearts Corporation, and Michael Eisner's Tornante Company. Marcy Casey, who produced The Cosby Show and That 70's Show, as well as venture capitalist Art Bilger also participated in the round. Diversion was founded by Davyvid Iannaci, Amir Haleem, Chris Bruce, Jason Carlton, (More info...)
posted on Friday, July 22, 2011 (More)(Full story)
Social Gaming Firm MXP4 Opens Office In Los AngelesMXP4, a developer of social, music games, announced Friday that it has opened up an office in Los Angeles. The venture-backed game developer is backed by Orkos Capital, Sofinnova Partners and Ventech. The firm--whose flagship game is Bopler Games--said it selected the location due to its importance to the music industry. The firm's local exec is Mark Collins, VP of Content Acquisition and Business Development, who the company said will be based in Los Angeles. MXP4's technical and corporate head (More info...)
posted on Friday, July 22, 2011(Full story)
LA Leads In Green Jobs, Says GroupA study released this morning by the Californians for Clean Energy and Jobs Network says that Los Angeles leads the nation in green jobs. According to the CCEJ, Los Angeles had 178,500 green jobs, out of roughly 4.5 million workers in the LA region. Green jobs represented about 3.9 percent of total employment in the region. The group said its report was prepared by Philip Romero, former Dean of the CSU Los Angeles College of Business and Economics. The group is co-chaired by Tom Steyer of Farall (More info...)
posted on Friday, July 22, 2011(Full story)
Apple Bids For Hulu, Says ReportIn the latest rumor swirling around Los Angeles-based video streaming site Hulu, a number of reports last night say that Apple Computer is now bidding for the firm. The report came from Bloomberg, which cited "two people with knowledge of the auction". So far, Hulu apparently has been shopped to Yahoo, AT&T, Microsoft, and Google.
posted on Friday, July 22, 2011(Full story)
Calient Technologies Raises $4.38MGoleta-based Calient Technologies, a developer of optical switching equipment based on 3D MEMS technology, has raised $4.38M in new funding. The funding came to light via the most recently, PricewaterhouseCoopers/NVCA MoneyTree survey. Details on the funding have not been announced by the company. Calient Technologies has previously raised funding from Telesoft Partners. The firm is headed by Atiq Raza.
posted on Friday, July 22, 2011 (More)(Full story)
Shopatron Signs Chromax GolfSan Luis Obispo-based Shopatron, the developer of e-commerce software, is powering the online retailing efforts of multi-colored golf ball manufacturer Chromax Golf, the firm yesterday. Financial impact of the win was not disclosed. Shopatron said it built and is hosting the Chromax e-commerce website, including integration with the Chromax Facebook page.
posted on Friday, July 22, 2011(Full story)
CoreLogic Adds Folino To BoardPaul Folino, the executive chairman of Emulex, has just joined the board of directors of Santa Ana-based CoreLogic. CoreLogic announced the appointment Thursday. Folino also sits on the board of Microsemi, in additinon to his role at Emulex. CoreLogic offers up data to the real estate, mortgage, and financial industries, providing mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services.
posted on Friday, July 22, 2011(Full story)