Tuesday, August 7, 2012AwesomenessTV Gets $3.5M For YouTube ContentA new, Los Angeles based startup focused on developing original media for YouTube, AwesomenessTV, announced Tuesday afternoon that it has raised $3.5M in a Series A investment round. The round was led by MK Capital, and also included Greycroft Venture Partners and New World Ventures, along with Dean Gilbert, Allen DeBevoise, Matt Coffin, Jeremy Zimmer and Michael Kassan. According to the firm, it is creating and distributing original comedy, fashion, sports, music and reality programming for tee (More info...)
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Demand Media Revenues, Pageviews GrowSanta Monica-based Demand Media, the online content publishing firm run by Richard Rosenblatt, reported its second quarter 2012 financial results on Tuesday afternoon, saying that both its revenues and pageviews grew from year to year. Demand Media said it had total revenues of $93.1M for the three months ended June 30, 2012, up 17 percent from the same quarter last year. The company also reported a healthy rise in pageviews across both its own sites as well as its network, with pageviews hittin (More info...)
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MaxLinear Countersues Silicon LaboratoriesCarlsbad-based MaxLinear said Tuesday morning that it has filed counterclaims against competitor Silicon Laboratories. The filing comes in response to a lawsuit filed a few weeks ago by Silicon Laboratories against the firm. MaxLinear said that it believes that a "wide range" of Silicon Laboratories product infringe on its intellectual property. MaxLinear said Silicon Labs' products are covered by three patents its holds: United States Patent Nos. 7,362,178; 8,198,940; and 7,778,613. MaxLinear i (More info...)
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Viridity Energy Find $15M From Mitsui & Co.Viridity Energy, a developer of demand-side management software for managing the smart grid, has raised $15M in an investment round from Mitsui & Co. The firm--which is based in Philadelphia, but also has a sales office in Newbury Park, California--develops a platform it says helps large energy users to manage their energy spending.
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Sonos Streams SongzaSanta Barbara-based music system developer Sonos is continuing to expand out its impressive menu of Internet-linked music services it connects with, today saying it has added Songza as an available service on its multi-room, Internet-connected Sonos music systems. Songza offers up an online, music streaming service that revolves around hand-crafted music playlists. Songza's service has music playlists organized around themes "coffee shop", "waking up", "falling asleep", etc. which can be streame (More info...)
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Telcentris Names New Business Development HeadSan Diego-based Telcentris, the developer of cloud-based communications and voice services, said this morning that it has named Pertti Johansson as its Executive Vice President, overseeing Global Business Development. Johansson was previously at Powerwave Technologies, Monitise Group, and also was President, Europe/MEA at Qualcomm. Johansson also has served at Motorola. According to Telcentris, Johansson has more than 35 years of experience in the telecom and wireless industry. Telcentris operat (More info...)
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LeisureLink Ties With Groupize.comPasadena-based LeisureLink, which operates an online system for connecting vacation rental properties with travel agents and web booking, has linked with a new automated group hotel booking engine, Groupize.com, the two said this morning. The two said that LeisureLink's independent vacation and hotel properties will be available via Groupize, giving users of that service access to over 1,000 independent vacation rentals, timeshares, villas, condo hotels and boutique resorts throughout the U.S. a (More info...)
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Inktank Bolsters Exec TeamLos Angeles-based Inktank, the developer of the open source, distributed storage software Ceph, is expanding its executive tem today, saying that it has hired James Duncan as its new CTO, Russell Kojima as VP Professional Services, and Debbie Moynihan as VP Marketing. Duncan joins the company from Joyent, where he was recently CTO, Worldwide Sales. Kojima was previously COO at ForceBrain.com, having also served at Kaltura, hiSoft Technology, IBM, and SugarCRM; and Moynihan was previously at Fuse (More info...)
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Nirvanix, Luminex Tie On Mainframe Cloud StorageSan Diego-based cloud storage provider Nirvanix and virtual tape storage products firm Lumnix, which is based in Riverside, said today that they have teamed to ship a cloud-based, tape storage product aimed at the mainframe environment. According to the two, they have created the first, cloud-based product which allows mainframe customers to store their mainframe tape volumes in the Nirvanix storage cloud. Pricing on the new product was not announced. The two said that LUMNIX CloudSafe will allo (More info...)
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Microsemi Sets New European HeadquartersAliso Viejo-based Microsemi, the developer of semiconductor products, said this morning that it has set a new, European headquarters in Ennis, Ireland. Microsemi says it has been in the country for twenty years, and is now bolstering staff and expanding in the country. Microsemi said it now has approximately 300 people in Ennis, after recruiting an additional 50 staff so far this year. In conjunction with the new European headquarters, Microsemi said it has launched a new, Microsemi Scholarship (More info...)
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JustEnough Wins VisionTekNewport Beach-based JustEnough Software, the developer of demand management and sales forecasting software, reported a win today with PC products maker VisionTek. JustEnough said that VisionTek is using its JustEnough Mobile for iPad solution. Financial terms of the deal were not announced. JustEnough said VisionTek is using its product to improve sales forecasting and purchasing.
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