Monday, December 5, 2011TrueCar Updates Used Car Valuation SiteSanta Monica-based TrueCar, the car pricing and information site, said Monday that it has updated its ClearBook used car valuation site. ClearBook was originally launched in February. TrueCar said the updated, ClearBook 2.0 service provides expected sale price, recommended list price, and trade-in price for "tens of thousands" of makes and models of vehicles, and pulls data from current sales from across the country; prices are derived from used car values in a user's individual zip code. TrueCa (More info...)
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H2Scan Raises $5.5MValencia-based H2scan, which develops hydrogen leak detection systems, looks to have raised $5.5M in a funding round, according to a regulatory filing from the firm. The filing says that the round first opened in April of 2011, and included 34 investors. Details on the new funding have not yet been announced by the company. H2Scan has previously raised capital from Chrysalix Energy, H5 Capital, Pasadena Angels, Ravinia Venture Fund, Tech Coast Angels, HGB Partners, and Tri-Strip Associates. H2Sc (More info...)
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Nettle Makes Movies Social With MovieGoerLa Jolla-based Nettle, the mobile and social apps developer founded Brian Dear and Dan O'Neill, has launched its first app, MovieGoer, on the Apple iTunes App store. MovieGoer provides information, social networking, and other information about movies at local theaters, allowing users to get showtimes, see what movies your friends are watching, access trailers, record movie reviews, and more. Dear was the founder of Eventful, and O'Neill has been at MP3.com and Vivendi Universal, among other fir (More info...)
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Ceradyne Sells Assets, Inks Licensing Deal In JapanCosta Mesa-based Ceradyne, which manufactures and develops ceramic products for the defense, energy, auto, and other industries, said Monday that one of its subsidiaries, SemEquip, has inked a technology and patent licensing deal. Ceradyne said SemEquip has license its cluster ion implant hardware to Nissin Ion Equipment Co. Ltd, based in Kyoto, Japan. Financial terms of the royalty and license agreement were not disclosed, however, Ceradyne said Nissin will also purchase certain assets and assu (More info...)
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Stamps.com Links Into EtsyLos Angeles-based Stamps.com, the provider of online postage and shipping software, said Monday that it has connected its USPS shipping service with Etsy, the online marketplace for handmade items. Stamps.com said that its integration allows Etsy sellers to print shipping labels for all USPS mail classes, automatically posting order status, delivery confirmations, and other information to Etsy's seller accounts. Stamps.com charges users for access to the online postage service, but said it will (More info...)
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Nimble Plans Paid AccountsSanta Monica-based Nimble, the developer of customer relationship management and contacts management software headed by Goldmine Software founder Jon Ferrara, looks to be shifting its sights to paid, business accounts. In a message to users Monday morning, Ferrara said that the service--which has been free during its beta testing phase--is planning to charge $15 per user per month for business users. Nimble will continue to offer a free, single-user version of the service. Nimble is developing a (More info...)
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Qualcomm Launches Medical Devices Subsidiary, $100M FundSan Diego-based Qualcomm announced this morning that it has created a new, wholly owned subsidiary called Qualcomm Life, which will focus on wireless solutions for the medical devices market. The new subsidiary will also backed by a new, venture capital investment fund worth $100M, called the Qualcomm Life Fund, which will invest in medical device manufacturers. Qualcomm said its new Qualcomm Life subsidiary will operate its former Qualcomm Wireless Health business, and will offer a platform to (More info...)
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Music Reports In ExpansionLos Angeles-based Music Reports, the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. The firm said it expanded its Information Technology department by more than 20 percent, and has taken on an additional 10,000 square foot of office space in Woodland Hills to handle that expansion. The company said it now has more than 100 employees. Music Reports is backed by ABRY Partners.
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Spotlight Ticket Management Adds Home Depot CenterCalabasas-based Spotlight Ticket Management, the developer of ticket management software for helping corporate suite holders manage their tickets, announced today that the Home Depot Center in Carson is offering up its products to its corporate suite holders. Spotlight said its software can be used by those corporate suite holders to manage their ticket inventories, distribute tickets, and more. Spotlight's software will be included as part of the Home Depot Center's suite package. Spotlight is (More info...)
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RealD Lands Chinese Theater ChainLos Angeles-based RealD, which provides 3D movie projection technology, said over the weekend that it has inked a deal with Chinese language film producer and distributor Mei Ah Entertainment Group Limited (MAEG), to install its 3D technology across one hundred screens in China. Financial details of the win were not disclosed. RealD said the effort is part of MAEG's efforts to expand within the Chinese theatrical market. MAEG is apparently working on expanding with five hundred new screens over (More info...)
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Nirvanix Powers Hawaiian Colocation FirmSan DIego-based Nirvanix, the provider of an online, cloud storage service, said today that it is powering the enterprise cloud storage service of Hawaiian colocation provider DRFortress. Nirvanix said that DRFortress will provides its cloud storage services both in Hawaii as well as the rest of the Pacific Rim. Financial details of the deal were not disclosed. Nirvanix provides cloud storage services aimed at the enterprise. The firm is headed by Scott Genereux.
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