Friday, February 10, 2012Ceres Delays IPOThousand Oaks-based Ceres has delayed its IPO, after lowering its IPO pricing estimates this week. According to industry reports, Ceres is delaying the offering until next week. Ceres had initially planned to price its IPO on Thursday.
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Cynvenio Spins Out BioMolded ProductsWestlake Village-based Cynvenio Biosystems, the developer of molecular diagnostics systems for cancer, has spun out a new subsidiary, BioMolded Products, focused on blow molded plastic parts for the biopharmaceutical and life science industries this week. According to BioMolded Products, it has opened up a new product design and manufacturing facility, which will manufacture medical-grade, blow molded plastic parts for the biopharmaceutical and life science industries. The new subsidiary will in (More info...)
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MomentFeed Partners With Location3 MediaSanta Monica-based MomentFeed, the startup which is developing software to provide analytics on such things as check-ins and customer interaction at retail locations, said this week that it has partnered with digital marketing firm Location3 Media. According to MomentFeed, Location3 Media will be providing a layer of services on top of its platform for its clients. MomentFeed said that Location3 Media provides local map listings, franchise PPC, local store websites and landing pages, along with (More info...)
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Mike Jones On Science Inc.'s First FirmsIn November, Michael Jones, the former CEO of MySpace, announced his plans for Science Inc. (www.science-inc.com), a new “technology studio” aimed at building new businesses in Los Angeles. This week, the firm launched two companies--EventUp (www.eventup.com) and MeUndies (www.meundies.com)--the first companies to come out of the group. We spoke with Michael about those companies he is launching as part of Science, and how they came about.
Can you talk about the companies you launched t (More info...)
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The Complete Guide To Southern California Accelerators and Incubators, Part IIIn recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. However, with the proliferation of incubators, the difficulty in figuring out
which programs are--and aren't--worth looking at has become very difficult, if not impossible, for startup entrepreneurs. In an attempt to help people navigate the landscape of accelerators and incubators, we've come up with a (hopefu (More info...)
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Aqua Connect Files Suit Against CompetitorLos Angeles-based Aqua Connect, a developer of terminal servers and remote desktop services software for the Mac OS X platform, said Thursday that it has filed a lawsuit against Code Rebel, LLC, alleging misappropriation of its trade secrets. According to Aqua Connect, Code Rebel began distributing a product around June of 2009, iRAPP Terminal Server, which it says was the result of reverse engineering its own software, Aqua Connect Terminal Server. The lawsuit was filed in the Superior Court of (More info...)
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Novatel Wireless Deploys On TELUSSan Diego-based Novatel Wireless reports this morning that it has launched its LTE-capable, USB modem on Canadian telecommunications network TELUS. Novatel said its Ovation MC679 4G LTE Mobile Internet Key will support average speeds of between 12 and 25 Mbps in TELUS LTE zones. The new device supports Windows, Mac, and Linux operating systems. Novatel is a provider of wireless modems and modules, as well as the MiFi mobile hotspot product. Novatel says the devices are being supplied for free by (More info...)
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Predixion Lands Fueling Operator Flying JSan Juan Capistrano-based Predixion Software, the developer of predictive analytics and business intelligence software backed by DFJ Frontier, Miramar Venture Partners and Palomar Ventures, said earlier this week that it has signed fueling and truck stop operator Pilot Flying J. Flying J operates a network of 550 interstate travel centers in North America. Predixion did not provide financial details of the win.
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