Monday, January 30, 2012


Demand Media Sees Executive Exodus
Santa Monica-based Demand Media, the online content publisher headed by Richard Rosenblatt, has seen the exodus of three of the firm's EVPs and founders. The move was first uncovered by Paidcontent.org. Larry Fitzgibbon, Joe Perez, and Steven Kydd apparently are all leaving Demand Media for "other opportunities." Fitzgibbon, Perez, and Kydd were among those who took Demand Media from inception through its IPO.
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Oversee.net Sets Co-CEOs
Los Angeles-based Oversee.net, the online domain name and Internet marketing firm, has set Debra Domeyer and Scott Morrow as Co-CEOs of the company, the firm said Monday. Domeyer was previously co-president and CTO, and Morrow was Co-President. Both have been heading up Oversee.net's operations since shortly before Jeff Kupietzky left the company last year, to relocate to Israel for family reasons. Morrow had previously been at ThisNext, and also served at IAC/Citysearch and Download/com/CNET Ne (More info...)
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Mobile Roadie Powers App For The Los Angeles Kings
Los Angeles-based mobile apps developer Mobile Roadie is powering a new app for the Los Angeles Kings, the company said today. The official app for the Los Angeles Kings--which currently is available on the iTunes store and will be shipping on Android later this week--lets fans connect with information on the Kings, including video, information on players, games, breaking news, photo galleries, and more. Mobile Roadie said it is now powering over 2,000 apps, reaching 15 million end users.
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Ceres Expected To Hit Market Feb 9th
Thousand Oaks-based Ceres, which develops specialized seeds for the biofuels industry, is planning to hit the market on February 9th, according to the NASDAQ IPO calendar. Ceres recently estimated its IPO pricing at between $21.00 and $23.00 per share. If successful, the offering will raise $132.25M for the company. Ceres has applied to list as CERE on the NASDAQ Global Market. Ceres is backed by investors Artal, Warburg Pincus, Ambergate Trust, Oxford Bioscience, GIMV, Oppenheimer Growth, and M (More info...)
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Goodreads Decouples From Amazon
Santa Monica-based Goodreads, the online community for book readers headed by Otis Chandler, said today that it has separated itself from its former reliance on Amazon.com's book information, and is now gathering its data from Ingram, the largest wholesaler of books in the U.S. According to Goodreads, it is also working with other open data sources for book information on the site. According to Goodreads, the move came due to restrictive limitations on Amazon.com's book API, such as inability to (More info...)
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Topspin Launches Social Analytics Service
Los Angeles-based Topspin Media, which develops tools to help musicians market themselves online, has released a new set of analytics tools today, called Topspin Sharealytics. According to Topspin, the new set of features comes via a collaboration with social analytics firm Awe.sm. Topspin said the new set of features will allow artists to track the spread of their marketing widgets on Facebook and Twitter, track signups, and more. Topspin is headed by Ian Rogers. Awe.sm is a San Francisco star (More info...)
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Tilana Seeks Buyer
San Diego-based Tilana, a developer of online backup, synchronization, and storage services, reported this morning that it is looking to sell the company. According to the firm, it has retained Strategic Advisory Services International (SASI) to explore the sale of the firm. Tilana, which has raised $3M in funding, said it has realized that "being part of a larger entity" will help it scale its platform.
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SAIL Venture Partners Extends To Canada
Costa Mesa-based SAIL Capital Partners, the clean technology investor, said today that it has created a joint venture in Canada, to invest in early stage cleantech companies. SAIL said that the move comes as part of a joint venture with a Canadian subsidiary of Stifel Financial Corp. The new joint venture will be located in Toronto, and invest in early stage cleantech companies. Size of the firm's Canadian venture capital fund was not announced.
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JustEnough Gets Customer
Newport Beach-based JustEnough Software, a developer of a cloud-based app for managing customer demand and inventory planning, said this morning that it has been selected by a retailer. According to the company, Journelle is using its products for forecasting customer demand, planning inventory, and optimizing purchasing. Financial impact of the customer win was not disclosed. JustEnough's software is being used along with NetSuite's SuiteCloud software. Journelle is a New York City lingerie sto (More info...)
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Myricom Gets Win On Wall Street
Arcadia-based Myricom, which develops specialized, 10-Gigabit Etherent adapters targeted at low latency applications like financial trading, reported a win today at Trading PHysics, a provider of analytics software and market data delivery systems. According to Myricom, the firm is using its dual port adapters and low latency software for a High Frequency Trading (HFT) application. Financial details of the win were not announced. Myricom said the customer is using the company's adapters to manag (More info...)
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IMT Swaps CEO
Santa Barbara-based Innovative Micro Technology, the provider of MEMS foundry services, said late Friday that it has named Craig Ensley as President and CEO. Ensley replaces Dr. John Foster, who the company said has resigned to become CEO of one of its major customers. Ensley was previously CEO of DisplayLink Corporation, and also had served as President and COO of Peregrine Semiconductor. He also has been at Cirrus Logic, Crystal Semiconductor, and Rockwell International. Foster has moved to Ow (More info...)
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LawLoop.com Takes On Legal Software
Los Angeles-based LawLoop, a developer of legal software, is launching a new legal software application aimed at helping attorneys manage their practices. The startup, headed by attorney Tom Zuber, said it is developing a all-in-one legal software system that handles the needs of managing a legal practice. Zuber is co-founder of the law firm Zuber and Taillieu. The startup said it will be offering its software via a monthly subscription, without any setup costs, but did not announce pricing. Th (More info...)
posted on Monday, January 30, 2012(Full story)