Wednesday, November 9, 2011Yowie Powers Another Town Hall For Presidential Candidate Gary JohnsonLos Angeles-based Yowie, the online video chat site headed by Jay Snider, which allows Internet users to interact with celebrities, bands, and others, looks to be playing a bigger role in the campaign of U.S. presidential candidate Gary Johnson. Yowie said today that, due to the success of a "town hall" with Johnson last week, Johnson is holding another town hall on the service, this time with FairTax.org's Phil Hinson. FairTax is a taxation scheme endorsed by Johnson in his campaign efforts. Yo (More info...)
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Car Sharing Firm Zipcar Heading To Los AngelesIt looks like Los Angeles is set to get access to car sharing service Zipcar, as it plans to open an office in Hollywood tomorrow. Zipcar has been inviting the press to an event tomorrow with L.A. City Council President Eric Garcetti, to mark its entry into Los Angeles, the 16th market covered by the company. The introduction of Zipcar to the Los Angeles market would be a first for the mainline, car sharing movement, which allows user to rent cars on an hour-by-hour basis. Car sharing startups h (More info...)
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Mavenlink Confirms $3.9M FundraisingIrvine-based Mavenlink, a developer of software tools for managing projects with clients, contracts, and consultants, has raised $3.9M in funding from Quest Software and Madden Capital Partners, according to the firm today. Mavelink, which is headed by Ray Grainger, develops tools used for tracking projects and documents, managing online invoices, time and expense tracking, and more. Grainger was previously Executive Vice President of Professional Services and Strategic Alliances at InQuira. soc (More info...)
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Idealab Funds MinglyPasadena-based Idealab has led a round into LA-spawned Mingly, a developer of software which connects Gmail with a user's social networks. Mingly said it raised $500,000 in a seed round of financing from Idealab, Allen Morgan, Alex Karelin, and other angels Wednesday. The firm--originally based in LA, but now in San Francisco--is headed by Tyler Koblasa, who was involved with Startup Weekend L.A. and Startup Nights here in LOs Angeles. Mingly's software works in Chrome and Mozilla Firefox, and l (More info...)
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Solarflare Links With Solid State Disk FirmIrvine-based Solarflare, the developer of 10 Gigabit Ethernet networking products, said today that it has linked with Fusion-io, a developer of solid state disk drives and storage. According to the two, they are collaborating on accelerating "big data" applications. Full details of the collaboration were not announced, however, both SOlarflare and Fusion-io provides products targeted at high performance, low latency applications. Solarflare's adapters provide low latency access to application su (More info...)
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E-Commerce Spendings Grows 13 Percent In Q3, Says ReportThe latest numbers out of comScore, which measures e-commerce spending and Internet traffic, find that U.S. retail e-commerce spending rose 13 percent, year-over-year, to $36.3 billion in Q3 of 2011. comScore said the growth is the eighth, consecutive quarter of positive, year-over-year growth for the industry. E-commerce spending has been rising since Q4 of 2009, after stalling out over issues with the economy in 2008 and early 2009. comScore said the best performing segments online were digita (More info...)
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Google Offers Launches In LAEntering an already crowded market for daily deals in Los Angeles, Google Offers, the daily deals site run by the Internet giant Google, launched today in the city, offering up a $14.00 deal for two movie tickets and large popcorn at the Grauman's Chinese Theatre or Chinese 6 Theatres. Google Offers has been slowly expanding its territory, adding today Atlanta, Brooklyn, Chicago, and Houston, in addition to Los Angeles. Google expanded the service into San Diego on October 26th.
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Phorus Takes $2M For Wireless Home AudioLos Angeles-based Phorus, a new startup headed by former Phatnoise co-founder Dannie Lau, said today that it has raised $2M in a Series A funding round, and launched its efforts to bring wireless home audio products to market. Source of the new funding was not announced. Phorus said it has developed PlayCast, a wireless home audio solution which connects into Android mobile devices, tablets, and PCs.
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Rempex Pharmaceuticals Snags $67.5MSan Diego-based Rempex Pharmaceuticals, a biopharmaceuticals firm addressing antibiotic resistance, announced this morning that it has raised $67.5M in an initial close of a Series B financing round. The round came from Frazier Healthcare Ventures, Vivo Ventures, SV Life Sciences, OrbiMed Advisors and Adams Street Partners. Rempex said the new funding brings its total raised to $76M, since its founding in June. Rempex is developing treatments for resistant gram-negative infections, based on tech (More info...)
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MorphLabs Launches New TechnologyManhattan Beach-based Morphlabs, the provider of cloud computing tools which is headed by Winston Damarillo, announced today that it has launched a new technology it bills Dynamic Resource Scaling (DRS). Morphlabs said that the technology helps users more easily scale out physical resources as part of their cloud computing installations. Morphlabs is the latest in a string of software firms founded by Damarillo, who first made his mark in founding GlueCode, which he sold to IBM.
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Local Corporation Launches Rich Media AdsIrvine-based Local Corporation, the publisher of online business guides and directories, as well as operator of the Spreebird.com daily deals site, said today that it has launched a new rich media ad platform. The firm said its Rovion Ad Management Platform (RAMP) is a cloud-based product to help users create and publish original rich media ads. The firm said the new product uses local shopping data from Krillion and other information to incorporate pricing information and in-store product avail (More info...)
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Citrix Courts DevelopersThe Santa Barbara-based online division of Citrix said this morning that it is targeting developers this morning, with a new set of resources aimed at helping customers, partners, and developers to integrate their products with its various GoTo products, including GoToMeeting, GoToWebinar, and GoToTraining. Citrix said it is making it easier for developers to connect into its APIs and other services via a new Citrix GoTo Developer Center. Citrix said the APIs will allow such use of its services (More info...)
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StorageDNA Names Sales VPIrvine-based StorageDNA, a provider of data archiving, backup, and migration tools specifically aimed at television, film, broadcast, and enterprise customers, said today that it has named Jeff Kreuger as its Vice President of Sales. Kreuger has previously served at Avid Technology and Agfa Compugraphic.
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