Wednesday, March 14, 2012SharesPost Pays Fines To SECSharesPost, the online marketplace for private company stock, along with CEO Greg Brogger, are paying fines in the firm's trading of private company shares, the SEC said Wednesday. According to a release from the SEC, SharesPost is paying $80,000, and Brogger is paying $20,000 in fines, as part of an SEC order which found that SharesPost and Brogger violated Section 15(a) of the Exchange Act of 1934. The fines were due to the firm's facilitation of securities transactions, before it acquired a b (More info...)
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ID Analytics Acquired By LifeLockSan Diego-based ID Analytics, the developer of risk and identification management services, which is venture backed by Canaan Partners, Investor Growth Capital, Mission Ventures, and Trinity Ventures, has been acquired by LifeLock, the firms said today. Exact financial deals of the acquisition were not announced, however, LifeLock said it has raised over $100M in new, preferred equity in order to complete the acquisition. ID Analytics, which was headed by Bruce Hansen, will operate independently (More info...)
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Siemer & Associates Launches Singapore IncubatorLos Angeles-based Siemer & Associates, and its affiliated venture capital fund, Siemer Ventures, said today that it has launched a new, technology incubator--in the country of Singapore. The investment banking firm, which is headed by David Siemer, said that the new WaveMaker Labs is being formed under the Technology Incubation Scheme (TIS) of the Singaporean government's National Research Foundation (NRF). The deal will provude up to $400,000 of co-investment from the NRF in startups who join t (More info...)
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Slacker Offers Free NCAA Streaming RadioThe deal between streaming music service Slacker and ESPN, which the two brokered in September last year, is about to go into overdrive this week, as Slacker said it will provide free, streaming radio access to all 67 games of the NCAA Division I Men's Basketball Championship via its service. Slacker said that the coverage--which started yesterday--will be available via a "NCAA Broadcasts" section on its Android, BlackBerry, iPhone, and iPad applications, live. Slacker and ESPN set up the strea (More info...)
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Goldstar Launches In MiamiLos Angeles-based discount event ticketing service Goldstar has expanded its services into Miami, Florida, the firm told its subscribers today, as the firm continues to grow the number of cities covered by its services. Goldstar offers up highly discounted, last minute event tickets to consumers, to things like concerts, plays, comedy clubs, sports events, and more. The firm--which is headed by Jim McCarthy--is now listing tickets to Miami HEAT games, Disney on Ice, comedy clubs, and more in Mia (More info...)
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Diverse Solutions' New Employee Perk: SkiingIrvine-based Diverse Solutions, the developer of products to help real estate agents market their businesses and websites, which was acquired by Zillow last November, have gained a fun new employee perk from their acquisition: an annual "Ski Day". Zillow posted pictures from the Irvine group at Big Bear Lake this morning, as part of a push to recruit employees at the company. Zillow has been running the annual "ski day" for its Seattle employees for a number of years, but apparently decided to b (More info...)
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Broadcom Funds Entry In Google Lunar X PrizeIrvine-based Broadcom reported this morning that it is contributing $100,000 in a donation to an Israeli team looking to win Google's $30M Lunar X Prize contest. Broadcom said it is donating the money to the Israeli group SpaceIL for its efforts. The donation will go towards the Weizmann Institute of Science to help support its efforts with SpaceIL. SpaceIL itself is the only non-profit in the Google competition with plans to donate any winnings to science, technology, engineering and math (STEM (More info...)
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SpaceX Signs Two Launch AgreementsHawthorne-based Space Exploration Technologies, the commercial rocketship firm headed by Elon Musk, reported Tuesday afternoon that it has signed two contracts to launch satellites into space on its Falcon 9 rocket. SpaceX said that it has signed contracts with Asia Broadcast Satellite (ABS) and Satelites Mexicanos (Satmex), which are scheduled to launch from Cape Caneveral in two separate launches. Financil impact of the new satellite launch deals were not announced. SpaceX said the launches wi (More info...)
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Cricket In 4G LTE Deal With ClearwireSan Diego-based prepaid wireless service provider Cricket, is turning to 4G wireless provider Clearwire for its next general, 4G LTE network. The companies announced this morning that they are in a five-year., wholesale agreement where Cricket will be able to tap into Clearwire's new LTE network. Financial terms of the agreement were not disclosed. Cricket becomes the second carrier to commit to using Clearwire's LTE network; the other carrier is Sprint, Clearwire's major investor and customer. (More info...)
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Vangard Voice Ties On Warehouse Management SoftwareIrvine-based Vangard Voice Systems, the developer of voice recognition and voice enablement software, said this morning that it has tied with a provider of warehouse management systems, BellHawk Systems Corporation, to voice-enable a product for the warehouse, manufacturing, and supply chain sector. The two said they are in a joint collaboration, which will provide voice-directed receiving, picking, and materials movement functions to users of BellHawk's software. Financial details of the joint (More info...)
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ESET Launches Nonprofit FoundationSan Diego-based security software firm ESET reports today that it has launched its own, nonprofit 501(c)(3) organization, the ESET Foundation, to help support an effort by the firm to increase cybersecurity awareness and education. The firm said the nonprofit will support its Securing our eCity efforts, which is providing cybersecurity education in San Diego and beyond. ESET explained that organizations like the San Diego Police Foundation, Girl Scouts USA, The Boy Scouts of America and others h (More info...)
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KYTHERA Biopharmaceuticals Names Chief Commercial OfficerLos Angeles-based KYTHERA Biopharmaceuticals, which develops aesthetic medicine products, said this morning that it has named Elisabeth Sandoval as its Chief Commercial OFficer. Sandoval was previously at Bausch + Lomb Surgical, and also has served at Allergan Medical and Jonson & Johnson. KYTHERA Biopharmaceuticals' lead product is a compound for the reduction of under-the-chin fat.
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