Friday, December 21, 2012


Sightly Sees $5.6M For Local Business Video
Temecula-based Sightly, a startup which helps local business create and market themselves with online video, said Friday that it has raised $5.6M in a funding round. The funding was led by Bright Capital Digital, and also included Foresight Ventures, along with current investors Floodgate, Tomorrow Ventures, Bullpen Capital, Mack Capital and 500 Startups. Sightly is led by John Mcinyre, and helps local, small- and medium-sized businesses create videos. Sightly was previously known as Pixelfish; (More info...)
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Honey Racks Up Savings For Users
Pasadena-based Honey, the developer of the Google Chrome plugin to automatically save users with coupon codes, said that it has now earned $7.2M in sales for its retail partners, and reached over 100,000 installs. Honey said Friday that consumers using its software have now save over $90,000, all since its launch shortly before Thanksgiving. Honey is headed by Ryan Hudson. The firm's software extension--which currently only works with Chrome--automatically finds online coupon offers when people (More info...)
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Playsino Releases First Two Network Titles
Santa Monica-based Playsino, the developer of social casino games, said Friday that it has released the first two games under its Publishing Network effort. The new games are Five-O Poker, developed by Israel-based Chiki Gaming, and Yalla Tarneed, a Middle Eastern card game developed by Yallah Games. Playsino recently announced an effort to bring third party, social casino games into its ecosystem, where it wlil help market and support games not designed by the company. Playsino is headed by Bro (More info...)
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Cal-X Stars To Present Startup Class
Cal-X Stars Business Accelerator, a startup accelerator group which has been ramping up in Santa Monica, said Friday that it is planning to present its class of medtech companies in San Francisco as part of the Founder Club DEMO day. The accelerator--which says it invests a minimum of $18,000 in companies, and mentors them for 12 weeks--said it has a class of ten medical technology startups, with a focus on stem cell technology, who are presenting at the demo day in Silicon Valley. The incubator (More info...)
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Why Being Nimble Is The Key To Success In Games, with SGN's Josh Yguado
What's the key to success in the video game market today? We sat down earlier this month to talk with Josh Yguado, President of SGN (www.sgn.com), to learn more about the importance of being nimble in the game market, the company's platform, and hear more about its recent move into real money gaming. SGN is the social and mobile gaming developer headed by former MySpace founder Chris Dewolfe. For the folks who don't know about SGN, tell us what you're all about? Josh Yguado: We're the le (More info...)
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Hulu Seeking $200M For More Content, Says Report
Online video streaming site Hulu is asking its owners, Walt Disney Co., Comcast Corp., and News Corp., for about $200M to help fund program purchases, according to a report this morning from the Wall Street Journal. According to the report, the move comes as Hulu is looking to keep up with the big investments that competitors NetFlix and Amazon are making to obtain and create content for their own video streaming services. Apparently, Amazon is spending $500M to $1 billion per year on building (More info...)
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PathCentral Sells Diagnostics Lab Business
Irvine-based PathCentral, the provider of tools and technology to the pathology community, said today that it sold its diagnostic laboratory business to Ascend Clinical, a provider of end-stage renal disease laboratory testing. Financial terms of the sale were not disclosed. As part of the sale, the firm said its CEO, Matt Watson, will move to Ascend, and that it will appoint Jaye Connolly as its new CEO. Connolly is the former CFO of PathCentral.
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