Tuesday, June 5, 2012


Dedicated Media Gets $5M In Credit Facility
El Segundo-based Dedicated Media, a provider of targeted online advertising, media services and lead generation technology, said Tuesday that it has secured $5M in a credit facility, from Wells Fargo's Technology and Venture Banking Group. Details and terms of the credit facility were not announced. The firm said the facility will go towards working capital and funding expansion. Dedciated Media is headed by Scott Yamano.
posted on Tuesday, June 5, 2012(Full story)

FundaGeek Looks To Help Researchers Find Crowdfunding
Are you a scientific researcher, looking to help fund one of your research projects using crowdfunding? FundaGeek, the crowdsourcing site led by Dan Gutierrez, has launched a new portal site it says is specifically aimed at helping those researchers use the crowdfunding craze to address their research areas. The firm said the new site includes tips and other resources for helping researchers get the most out of crowdfunding. FundaGeek launched last year focused on helping technology, scientific (More info...)
posted on Tuesday, June 5, 2012(Full story)

FileTrek Debuts iPad Tool
Los Angeles-based FileTrek, the developer of software which helps teams to track changes and updates in their projects, data, and documents, said Tuesday that it has released a new iPad application. According to the firm,the new FileTrek iPad app helps workgroup managers and team members to track the flow of projects, data, and activity from their iPad tablet. The new app is free. FileTrek is headed by Dale Quayle, a serial entrepreneur whose last firm, Integrien, was sold to VMware in 2010. Fil (More info...)
posted on Tuesday, June 5, 2012(Full story)

DreamHost Opens East Coast Data Center
Los Angeles-based hosting provider Dreamhost, which is headed by Simon Anderson, has expanded its footprint today, saying that it has opened up its first, East Coast data center. DreamHost is setting up shop in Northern Virginia, as a tenant of RagingWire Data Centers. DreamHost--which provides everything from shared and dedicated server hosting to cloud storage and computing services--said the move will help it improve network performance, particularly for its East Coast and European customers. (More info...)
posted on Tuesday, June 5, 2012(Full story)

Shea Ventures Gets Exit At Quickoffice
It looks like the venture capital business is doing a lot better than the home building industry for Walnut-based J.F. Shea. The homebuilder, which also runs a venture capital arm call Shea Ventures, just scored an exit from one of its portfolio firms, mobile app maker Quickoffice. Quickoffice was just acquired by technology giant Google, undoubtedly to bolster Google's mobile application chops. Quickoffice develops a heavily used set of mobile apps for iPhone and Android to help users access co (More info...)
posted on Tuesday, June 5, 2012(Full story)

Demand Media Alum Gets $100M For Domain Registrar
A brand new, domain registration startup headed by a set of ex-Demand Media executives, has just raised an astounding $100M for its efforts. Donuts Inc., headed by former Demand Media President and Chief Strategy Officer Paul Stahura, said today that the funding came from such investors as Austin Ventures, Adams Street Partners, Emergence Capital Partners, TOL Ventures, Generation Partners, and Stahurricane. Stahura, who is still on Demand Media's board of directors, founded domain registrar eNo (More info...)
posted on Tuesday, June 5, 2012 (More)(Full story)

Interview with Allison Beal and Brian Garrett, StyleSaint
How do you take the fashion tastes and preferences of consumers, and harness that to create your own, collaborative fashion brand? Allison Beal and Brian Garrett are trying to figure that out with their new, Los Angeles startup, StyleSaint (www.stylesaint.com). Garrett was most recently a venture capitalist at Crosscut Ventures, who helped identify and fund ShoeDazzle--co-founded the company with Beal, a fashion industry insider who was introduced to Garrett by prolific Los Angeles angel investo (More info...)
posted on Tuesday, June 5, 2012(Full story)

Nirvanix Adds Tenth Data Center
Online storage provider Nirvanix, which is based in San Diego, announced today that it has expanded out its network of data center nodes. Nirvanix said it has added a new node at the Switch SuperNAP data center, in Las Vegas, Nevada, the tenth node in its global storage network. The cloud-based storage provider said the node is being used to upload and replicate data from other nodes, for protection and disaster recovery, as well as enabling access globally. Nirvanix, which is led by Scott Gener (More info...)
posted on Tuesday, June 5, 2012(Full story)

Slacker Radio Debuts On Xbox 360
San Diego-based Slacker has further extended its personalized online radio service, connecting the streaming audio service to Microsoft's Xbox 360, the firm announced at E3. Slacker said it will offer up the Slacker Radio application for free on the Xbox LIVE Marketplace. The service is already available via the web, iPhone, Android, BlackBerry, Windows Phone 7, Ford vehicles with SYNC, and Windows 8, among other platforms.
posted on Tuesday, June 5, 2012(Full story)

Medsphere Names CTO
Carlsbad-based Medsphere, the developer of electronic health records systems, said today that it has named Lily S. Chang as its Chief Technology Officer. Chang was most recently CTO at Advent Software, where she had run the firm's technology operations for the past 19 years. Medsphere said Chang took Advent software from less than 100 employees to over 1000 today. Medsphere is venture backed by Azure Capital Partners, Epic Ventures, Thomas Weisel Venture Partners, and Western Technology Investme (More info...)
posted on Tuesday, June 5, 2012(Full story)

Kofax Ties With Alfresco
Irvine-based Kofax, the developer of business process management software and related products, reported today that it has tied with open source, enterprise content management (ECM) software provider Alfresco. The two said the link allows users to link their business process management and document capture operations to Alfresco's low cost, open source enterprise content management software. Other details were not announced.
posted on Tuesday, June 5, 2012(Full story)

THQ Sells Off UFC Rights To EA
Agoura Hills-based THQ said late Monday that it has sold off its rights to produce titles for the Ultimate Fighting Championship (UFC) brand, to Electronic Arts. Financial details of the sale were not disclosed. According to THQ, the sale resulted in an undisclosed cash payment to THQ, and allows THQ to continue to publish its existing console and mobile titles through March 31, 2013. THQ said the sale is part of a "more focused strategy" for the company, whic has been struggling in the last yea (More info...)
posted on Tuesday, June 5, 2012(Full story)

Optimer Pharmaceuticals Sets CFO
San Diego-based Optimer Pharmaceuticals said this morning that it has named Stephen Webster as the firm's new Chief Financial Officer. Webster was previously CFO of Adolar Corporation, and also served at Broadpoint Capital (formerly First Albany Capital), along with Neuronyx and PaineWebber. Optimer is apublicly held developer of antibacterial drugs.
posted on Tuesday, June 5, 2012(Full story)