Tuesday, June 11, 2013
Surf Air's First Flight Set For Wednesday
Santa Monica-based Surf Air, the all-you-can-fly airline service which is looking to connect Silicon Valley and Silicon Beach, is getting set to launch its first member flight tomorrow, Wednesday. The first flight is set to depart Burbank at 10:45am, landing in San Carlos at noon. Surf Air is hoping to make it easy for venture capitalists, entrepreneurs, and other executives to make the hop between Los Angeles and Silicon Valley, on its own fleet of private airplanes. The inaugural flight comes (More info...)

posted on Tuesday, June 11, 2013(Full story)

ChowNow Raises $1.19M More
Los Angeles-based mobile food ordering startup ChowNow has raised $1.19M more in an ongoing funding round, according to a regulatory filing by the firm last week. ChowNow is venture backed by Daher Capital, Double M Partners, GRP Partners, Karlin Ventures and Velos Partners. The round is targeted at $2M. Chownow lets users order food via their mobile phone or Facebook. The company is led by Christopher Webb, and was part of the LaunchpadLA incubator. ChowNow's mobile and online ordering system r (More info...)

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CODA Automotive Affiliates File For Bankruptcy
Two affiliates of Santa Monica-based CODA Automotive have filed for bankruptcy, following the electric car maker into bankruptcy proceedings, according to a report today from Reuters. Reuters said both Lio Energy Systems Holdings and Miles Electric Vehicles are looking to have their bankruptcy jointly administered with Coda Holding's bankruptcy. Coda had filed for bankruptcy last month. Miles Electrical Vehicles was the original name for CODA Automotive. Lio Energy was Coda's joint venture with (More info...)

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Internap's Los Angeles Data Center Gets LEED Certification
Hosting and colocation provider Internap said today that its Los Angeles data center has received LEED Gold certification, the green label for buildings administered by the U.S. Green Building Council (USGBC). According to Internap, the certification covers buildings that are designed and constructed with sustainable concepts and practices, which reduce a building's impact on the environment. Internap announced its Los Angeles data center in 2011, and opened up the buildling in September of 2012 (More info...)

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Walk In My Closet Debuts iOS App
Walk In My Closet, a Los Angeles startup which develops a service for letting users resell their high end fashion clothing, has released a new iOS application. Walk In My Closet said its app is a "high-end virtual wardrobing app" which lets users take pictures of their closet, and display those as a "online boutique". The company said the app lets users shoot and upload photos, share their style, and look into the closets of fashion influencers. Walk In My Closet lets people sell their fashions (More info...)

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Cornerstone OnDemand Looks To Raise $220M In Debt
Cornerstone OnDemand, the developer of software-as-a-service for talent management and human resources, is raising $220M in a debt funding, the firm said today. The company said it is offering up $220M in an offering of convertible senior notes, due in 2018. The publicly held company said it would use the new funds for general corporate purposes.

posted on Tuesday, June 11, 2013(Full story)

Metacloud Upgrades OpenStack Service
Pasadena-based Metacloud announced this morning that it has released a new version of its product, Carbon|OS. Metacloud offers up software to help businesses and enterprise deploy their own, OpenStack-based enterprise cloud. The upgraded software is based on OpenStack Grizzly. MetaCloud said it is one of the first, commercial deployments of the latest OpenStack release, OpenStack Grizzly. The update includes a new self-service tenant management system; new tools to maximize the performance of vi (More info...)

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VIZIO Wins In Patent Lawsuit
Irvine-based VIZIO, the manufacturer of HDTVs and other consumer electronics, said it has scored a win in another patent lawsuit today, saying that it has defeated a "patent troll". VIZIO said that it was granted summary judgement of invalidity on a patent held by Lochner Technologies LLC, a "non-practicing entity" (NPE). VIZIO explained that the win was the seventh recent victory by VIZIO over a "patent troll"--the many companies out there which buy patents and then proceed to aggressively lice (More info...)

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Linksys Ships Home Powerline Networking Equipment
Irvine-based networking equipment manufacturer Linksys has released a new product today, for the home, powerline networking market. LInksys says it has shipped a new product, its Powerline HomePlug AV2 Kit, which helps consumers connect their computers into the Internet. The new product takes advantage of a home's network of power lines to provide high speed, Internet connections. Linksys is targeting homes which do not work well with wirelesss networks with the product, such as homes with concr (More info...)

posted on Tuesday, June 11, 2013(Full story)

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