Monday, November 5, 2012
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Demand Media Revenues, Profits Up
Demand Media, the online media publishing firm headed by Richard Rosenblatt, reported record revenues and profitability, the firm said Monday afternoon, as its released its third quarter results. The firm's total revenues grew to $98.1M, up 20 percent from Q3 of 2011 when it reported revenues of $81.5M. The firm said it saw a growth of 33% in page views for its owned and operates site, over the similar quarter last year, as well as a 12% growth in domains. Demand Media was boosted by its video e (More info...)

posted on Monday, November 5, 2012(Full story)


THQ Seeks Buyer As Sales Slip
Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. The firm said it hired Centerview Partners to help evaluate "strategic and financing alternatives". The announcement came as the firm announced net sales of $107.4M for the three months ended September 30, 2 (More info...)

posted on Monday, November 5, 2012(Full story)


RingRevenue Raises $3.25M
Santa Barbara-based RingRevenue has raised $3.25M in a Series B-2 funding round, according to a regulatory filing by the firm Monday. The company--which provides call tracking technology for the affiliate marketing industry--said in the filing that the funds would be used for working capital. RingRevenue is headed by Jason Spievak. Investors in the round have not yet been announced, however, the firm has raised funding in the past from Great Pacific Capital, GRP Partners, and Rincon Venture Part (More info...)

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JuntoBox Partners With IndieGoGo On Film Crowdfunding
Juntobox Films, the online startup social community focused on independent filmmakers, and which is chaired by director and actor Forest Whitaker, said today that it has partnered with online crowdfunding site indigogo, to help filmmakers get their projects funded. The two said that JuntoBox Films will create a branded "Partner Page" on Indiegogo.com, which will give "thousands" of films on IndieGogo.com access to the services provided by JuntoBox. Financial details of the partnership were not d (More info...)

posted on Monday, November 5, 2012(Full story)


Genesis Digital Imaging Acquired By Carestream
Los Angeles-based Genesis Digital Imaging, a developer of imaging software for the diagnostic imaging systems market, has been acquired by CareStream, a manufacturer of healthcare imaging, X-ray systems, and other related products. Financial terms of the buy were not disclosed. Genesis distributed Carestream's computed radiography (CR) systems. Carestream is based in New York.

posted on Monday, November 5, 2012(Full story)


SkuLoop Acquired By Revionics
SkuLoop, the online social promotion service headed by Michelle Cranes and which was backed by Tomorrow Ventures, Founder Collective, SK telecom, and Saban Capital Group, has been acquired by Revionics , a provider of merchandising software. According to Revionics, the firm acquired the SkuLoop business and assets from GIIV, Inc., the parent firm of SkuLoop. Financial terms of the buy were not disclosed. SkuLoop's clients included PacSun, Toyota, Paul Frank, 1-800 Flowers, and others, who used t (More info...)

posted on Monday, November 5, 2012(Full story)


Hulu Inks Deal With CBS
Hulu announced today that it has inked a multi-year license deal with CBS, to add library content from the network to Hulu Plus. According to Hulu, CBS content will start appearing on Hulu Plus in January 2013, and will include more than 2,600 episodes of shows such as "Medium", "Numb3rs" and "CSI: Miami" -- as well as older titles like "Star Trek", "I Love Lucy", and "The Twilight Zone". The deal also includes rotation of some of those titles through the free Hulu.com service. Financial terms o (More info...)

posted on Monday, November 5, 2012(Full story)


mSIGNIA Looks To Secure Mobile Devices
mSIGNIA, a developer of mobile security tools, has quietly been funded by the Tech Coast Angels and Gold Hill Capital, it was revealed by the TCA last week. mSIGNIA, which is based in Irvine, apparently islooking to help manage the identity of online users, and is targeting online service providers with mobile applications. The company's founders are Paul Miller, who was previously COO of SMobile Sytsems (acquired by Juniper), and also served at Symantec, Gemalto, GTE Cybertrust, Rainbow Technol (More info...)

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3D Robotics Helps You Design Your Own, Personal Drone Aircraft
Looking for your own, personal drone aircraft? San Diego-based 3D Robotics, is looking to let anyone develop and operate their own personal, drone aircraft, and is currently selling parts, instructions, and more for hardware hackers to create their own remotely controlled unmanned aerial vehicles (UAVs). The firm came to light last week when the editor of Wired Magazine, Chris Anderson, said he was leaving the magazine to work full time on 3D Robotics (which is doing business as DIY Drones). Dro (More info...)

posted on Monday, November 5, 2012(Full story)


Boingo Wins Three Norwegian Airports
Boingo Wireless reported another airport win this morning, saying it has been selected to manage and operate Wi-Fi services at three, Norwegian airports. Boingo said it was selected by Oslo Lufthavn Tele & Data AS (OLTD) to operate the Wi-Fi networks at Oslo Airport (OSL); Bergen Airport, Flesland (BGO); and Stavanger Airport, Sola (SVG). The three airports serve more than 30 million passengers a year. Financial details of the win were not announced. Boingo said it now manages Wi-Fi services at (More info...)

posted on Monday, November 5, 2012(Full story)


Regulus Gets $80.9M In Financing Efforts
La Jolla-based biopharmaceuticals firm Regulus Therapeutics, which is developing microRNA-based biopharmaceuticals aimed at oncology, fibrosis, hepatitis C and metabolic diseases, said it has raised $80.9M in total proceeds from its IPO, a private placement, and convertible note. The firm said $50.9M came from its sale of common stock, $25.0M in a private placement to AstraZeneca AB, and $5.0M from a convertible note sale to Biogen Idec. The firm said those funds will enable it to "executive its (More info...)

posted on Monday, November 5, 2012(Full story)


Life Technologies Buys Advanced Microscopy Group
Carlsbad-based life sciences equipment company Life Technologies announced today that it has acquired Advanced Microscopy Group, a developer of imaging systems for research microscopy. Financial terms of the buy were not disclosed. Life Technologies said that Advanced Microscopy Group (incorporated as Westover Scientific, Inc.) will become part of its Flow Cytometry and Imaging business unit.

posted on Monday, November 5, 2012(Full story)


Fallbrook Technologies To Move HQ To Texas
San Diego-based Fallbrook Technologies, which develops continuously variable planetary (CVP) transmissions for the electric bicycle and automobile market, said today that it is moving its headquarters out of San Diego to Cedar Park, Texas. The firm said the move comes because the "vast majority" of its staff is already located in the area. Fallbrook announced the move with the appointment of a new CFO, John K, Penver, who replaces current CFO Nicole T. Nicks. Penver was previously CFO of Active (More info...)

posted on Monday, November 5, 2012(Full story)


Mindspeed In Chinese Small Cell Rollout
Newport Beach-based Mindspeed reports that its baseband systems-on-a-chip (SoC) is being used in a TD-SCDMA small cell rollout in China. The firm said its chips are being used by China Mobile Group, Jiangsu Company, Ltd., Suzhou Branch to deliver wireless access for residential and enterprise customers, serving 10 million subscribers. MIndspeed did not say of fiscal impact the deployment has.

posted on Monday, November 5, 2012(Full story)


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