Wednesday, July 24, 2013
SHIFT, Gradient X Link Advertising Tools
Two of LA's growing online and mobile advertising advertising firms, SHIFT, and Gradient X, have tied together in a partnership, the companies said Wednesday. SHIFT, which operates a real-time advertising platform aimed at agencies and brands, and Gradient X, which offers up programmatic advertising tools for mobile, said they have integrated Gradient X's product within SHIFT's Open Marketing Cloud. The two said the deal will offer a "one-stop-shop" to execute Facebook, Twitter, and mobile displ (More info...)

posted on Wednesday, July 24, 2013(Full story)

Power-One Gets Approval From Stockholders On Acquisition
Camarillo-based power conversion and solar inverter manufacturer Power-One has received stockholder approval on the company's $1 billion acquisition by ABB, the company said late Tuesday. Power-One said that 98.0 percent of the shares voted were in favor of the merger, which had been announced in April. Power-One is a major manufacturer of solar power inverters, used to convert the DC power on solar panels into usable, AC power provided through power plugs, in addition to also manufacturing and (More info...)

posted on Wednesday, July 24, 2013(Full story)

SendGrid Links Into Google App Engine
Anaheim- and Boulder, Colorado-based email services provider SendGrid has linked up with Google App Engine, the Google program which lets developers host their websites on Google's Cloud. According to SendGrid, it has become a Technology Partners to the Google Cloud Platform Partner Program, which makes its email services and API available to developers on GAE. SendGrid did not say how much business it expects from the link. SendGrid's outsource email delivery service is aimed at "transactional" (More info...)

posted on Wednesday, July 24, 2013(Full story)

CALIENT Technologies Gets $27 Million
Santa Barbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. Names of those investors were not announced. According to Calient, it will use the funding to enhance its portfolio of optical circuit switching systems, to extend its IP portfolio, and for working capital. As part of the funding, the company said it has named Jag Setlur as its Chief Financial Officer. Setlur was previously COO and CFO of July Sy (More info...)

posted on Wednesday, July 24, 2013 (More)(Full story)

Sonos Adds Android Direct Music Streaming
Santa Barbara-based Sonos, the maker of the user friendly, whole home, wireless music systems, has added support for streaming music directly from Android phones and tablets. Sonos said that the latest update to its Sonos Wireless HiFi System now lets users play music stored on a Android phone or tablet. Sonos previously allowed users to control Sonos with its Android app, but the app had not supported streaming music stored on the actual Android device itself. Sonos did say that tracks download (More info...)

posted on Wednesday, July 24, 2013(Full story)

Illumina Buys Liquid Logic
San Diego-based biotech equipment provider Illumina has acquired Advanced Liquid Logic, a provider of liquid handling solutions, the firm said yesterday. Financial terms of the buy were not disclosed. Advanced Liquid Logic (ALL) develops microfluidics technology, which precisely manipulates small droplets within a sealed disposable cartridge to perform complex laboratory protocols. Illunina said the buy will help it deliver its next generation sequencing workflow products.

posted on Wednesday, July 24, 2013(Full story)

MySocialCloud Acquired By
MySocialCloud, the Los Angeles startup developed by brother and sister Scott Ferreira and Stacey Ferreira, has been acquired by, the company is announcing today. MySocialCloud develops an online, cloud-based platform for managing the passwords, logins, and data of users. Financial details of the acquisition were not announced.

MySocialCloud was funded by Richard Branson and Jerry Murdock, who made an investment in the startup while Scott Ferreira was still a student at the Univ (More info...)

posted on Wednesday, July 24, 2013(Full story)

Inktank Gets Ceph Win In Hawaii
Los Angeles-based open source storage software developer Inktank, which is behind the Ceph open source storage software, has deployed its products in a win in Hawaii. The company said that the College of Education at the University of Hawaii at Manoa has deployed its Ceph storage software, in conjunction with OpenStack. Financial impact of the win was not disclosed. Inktank said the deal came as part of an effort with OpenStck systems integrator Mirantis. Ceph is an open source, scalable storage (More info...)

posted on Wednesday, July 24, 2013(Full story)

DriveCam Wins New England Food Distributor
San Diego-based driving safety system developer DriveCam announced a customer win today, saying it has signed City Line Distributors, a independent full service food distributor in New England, as a customer. DriveCam said the company will deploy DriveCam's systems across its entire fleet. Financial details, and size of the win, was not announced. City Line said its pilot program with DriveCam resulted in a "huge reduction" in seatbelt violations, use of handheld devices, and speeding with its (More info...)

posted on Wednesday, July 24, 2013(Full story)

Register today for GROW2013: THE FUTURE OF BUSINESS
Dealmaker Media
Vancouver, British Columbia
August 14-16

GROW is about the future of innovation, growth and entrepreneurship. It is a curated environment that brings together technology pioneers, founders, executives, influencers and investors who are passionate about identifying problems worth solving.

socalTECH readers get a $100 discount: use promo code GROW100

SoCal IP Law Group LLP
Serving the IP Needs of Businesses: IP Litigation . IP Counsel . IP Transactions . Patent & Trademark Prosecution
Westlake Village . Santa Barbara . Irvine.

CLEARSTONE VENTURES: Venture Capital for Technology Innovators
Clearstone Venture Partners ( )
Venture Capital for Technology Innovators.

Safire Partners Executive Search
Safire Partners has completed 150+ retained executive searches since 2006
working with emerging businesses in digital media, Internet, eCommerce,
software and clean technology across Southern California. Please visit
our website to see an updated list of our clients and searches completed
at We are always interested in
meeting new candidates and potential clients, so feel free to email our
Managing Partner, Todd Gitlin at We can also always be a
friendly source for investor introductions and general market /
compensation intelligence.

Advertisement - Internet Access, Web Hosting, Network Services
We put the "Service" back into Internet Service Provider.

Sponsored By


Recent Interviews

Browse Issues