Thursday, October 25, 2012


RightScale Adds New Customers
Santa Barbara-based cloud deployment software developer RightScale said Thursday that it has added three new customers, bringing its total number of software-as-a-service providers to more than 100. The firm said that Progress, Pearson Education, and Resumator are using its products to deploy and manage their software-as-a-service applications for customers in cloud environments. Impact of hte various deals was not disclosed. RightScale's software is used by software-as-a-service companies to ma (More info...)
posted on Thursday, October 25, 2012(Full story)

RewardTag Helps Users Recover Lost Devices
If you've ever lost a cell phone, camera, or other electronic device, you know how hard it is to find it again--and how low the odds are of actually having a stranger find it and return it to you. A Hermosa Beach startup, RewardTag is looking to solve that problem, by letting users reward people who return those lost devices to the owner. The service allows owners of a device to offer up any reward amount -- and even adjust that reward -- to encourage returns on those devices, via a special ID n (More info...)
posted on Thursday, October 25, 2012(Full story)

Aperio Acquisition Completes
The acquisition of Vista, California-based Aperio by German firm Leica Biosystems has completed, the firms said Thursday. Aperio, a maker of digital pathology and slide digitization systems, and Leica had announced the deal on August 21st. Financial details of the buy were not disclosed. Aperio was venture backed by HLM Venture Partners, Galen Partners, Advanced Technology Ventures, Acadia Woods Partners and BlackRock Alternative Advisors.
posted on Thursday, October 25, 2012(Full story)

Santa Monica Tech Community Grows, As Another Tech Law Firm Sets Up Shop
High tech startups--and the service providers who serve the industry--are continuing to cluster along Santa Monica's Third Street Promenade, as Stubbs, Alderton & Markiles LLP, one of the Los Angeles legal firms focused on the high tech market, announced a grand opening date for a new office on the 3rd Street Promenade. Stubbs, Alderton & Markiles, which has had a long standing presence in the LA area (disclaimer: Stubbs Alderton is a sponsor of socalTECH), and told its supporters and clients th (More info...)
posted on Thursday, October 25, 2012(Full story)

How Tradesy Makes Selling Women's Clothing Simple, with Tracy DiNunzio
If you're a woman with unwanted--but fashionable--clothing in your closet, which you wish you could sell, what's the easiest way to sell it? It might just be Tradesy (www.tradesy.com), a brand new service which lets women sell their unwanted clothing via a mobile app or website--and even takes care of dealing with shipping and returns. The site is the brainchild of Tracy DiNunzio, who took her experience running RecycledBride.com and is now applying the same concept to women's clothing. Tracy te (More info...)
posted on Thursday, October 25, 2012(Full story)

International Rectifier Gets $100M In Credit Facility
El Segundo-based integrated circuit maker International Rectifier said this morning that it has raised $100M in four year, senior unsecured credit facility. The funding came from a group of lenders led by Wells Fargo Bank, National Association, along with JP Morgan Chase Bank NA, HSBC Bank USA, National Association and Bank of the West. The company said the facility will go towards working capital, acquisition, stock repurchases, and other general corporate use. The facility is at an interest ra (More info...)
posted on Thursday, October 25, 2012(Full story)

Factual Adds Nutrition Information
Los Angeles data startup Factual has expanded its big database in the sky to include nutrition information, including ingredient lists and nutrition attributes for consumer packaged goods. Factual said late Wednesday that its service now includes ingredient lists for over 350,000 of the most popular consumer packaged goods, and nutrition facts for over 150,000 packaged foods. Factual's APIs and data is used by software developers to easily access and update a wide range of data, including locati (More info...)
posted on Thursday, October 25, 2012(Full story)

InTouch Health Names New Board Member
Santa Barbara-based telemedicine equipment developer InTouch Health announced this morning that it has named John Glaser, Ph.D., to its board of directors. Glaser is CEO of the Health Services Business Unit of Siemens Healthcare, and also has served at Partners HealthCare and at the Brigham and Women's Hospital.
posted on Thursday, October 25, 2012(Full story)

Semtech Launches New Line of ICs
Camarillo-based Semtech, which develops analog and mixed signal semiconductors, said today that it has launched a new set of integrated circuits aimed at providing capacitive touch sensing for home appliances and consumer electronics. The company said its new SX95xx platform is aimed at "green" home appliances, such as LCD TVs and monitors, automotive, consumer products, and more.
posted on Thursday, October 25, 2012(Full story)