Wpisy z July, 2009
West Hollywood-based Yammer, the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. According to Sacks, the entire firm–including its engineering team and executive staff–is moving to the Bay Area, to be closer to the startup scene in Silicon Valley. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks revealed the move at the Twiistup conference Friday, explained the move by saying that “what I miss are all the technology companies are out of there, and I miss tapping the brain trust up there.” Yammer provides a Twitter-like corporate microblogging platform, essentially a version of Twitter restricted to specific corporate domains. The firm was spun out in September 2008 from Geni, and is backed by Charles River Ventures and the Founders Fund.
Continue Reading Skomentuj July 31st, 2009
San Diego-based Qualcomm reports today that it is extending the deadline for the firm’s wireless business plan competition, its Qualcomm Ventures QPrize Business Plan Competition, to August 21st. The firm said it is extending the deadline for the prize to allow additional entrepreneurs to enter the prize, which will provide $550,000 in seed funding to entrepreneurs developing wireless technology in North America, Europe, China, and India. The deadline for the business plan competition was originally today, July 31st. Qualcom also said it will now award its grand prize winner a trip to the Mobile World Congress in Barcelona. Qualcomm is awarding $100,000 in funding from Qualcomm Ventures to companies in each of its major markets, with another $150,000 in convertible note funding to the grand prize winner.
Continue Reading Skomentuj July 31st, 2009
Los Angeles-based Stamps.com reported its results Thursday, saying that the firm had net income of $1.0M on revenues of nearly $20.2M in Q2, essentially flat year to year compared with $1.3M in income on $21.4M in revenues for the similar quarter last year. The company saw a steep drop in its revenues from its personalized photo product, PhotoStamps, which was down 31% to $2.0M in sales. No reason for the drop in PhotoStamps sales was given by the firm. PC postage sales totaled $18.2M, down slightly from last year.
Continue Reading Skomentuj July 31st, 2009
San Diego-based Entropic Communications, a developer of multimedia-over-coax semiconductors, reported yetserday that it has linked up with systems-on-a-chip provider Sigma Designs. The two said they will develop high definition, MoCA compliant cable TV and IPTV set-top box reference designs. Both firms’ develop components that are used in those set top boxes. Both firms market their products to manufacturers, and the reference designs will make it easier for OEMs to create their own product using their components.
Continue Reading Skomentuj July 31st, 2009
Encinitas-based Verve Wireless, which develops tools for mobile publishing, said Thursday that it has named Bill Ganon as its Chief Revenue Officer. Ganon joins the firm from BG Associates; he has also served at GoldSpot Media, QUALCOMM–where he was involved with both MediaFLO and Eudora–and Newsweek, among other companies. Verve’s software tools are used by newspaper publishers and other local publishers to create their own mobile optimized site for cell phones. Verve is backed by the Associated Press and Iron Capital, and has significant deals with the AP, Media News Group, A.H. Belo Corporation, Hearst Corporation, Cox Newspapers, as well as others.
Continue Reading Skomentuj July 30th, 2009
Canoga Hills-based Topanga Technologies, a stealth-mode developer of energy efficient lighting for the industrial, commercial, and general lighting market, has raised $6M, according to a regulatory filing from the firm. No details on the funding have been released by the company. Topanga has previously raised funding from Khosla Ventures.
Continue Reading Skomentuj July 30th, 2009
Los Angeles-based EQAL, said this morning at Twiistup that the firm is launching a new, social publishing tool it is calling Umbrella, focused on independent producers, celebrity talent, and online personalities. According to EQAL, its new platform is focused on helping those producers and talent to create their own web sites, with features such as blogs, discussions, forums, and user profiles, as well as links to social networking sites like Facebook, Twitter, and YouTube. The launch of the platform extends EQAL beyond its roots in developing content and web sites for studios, into a broader customer base. EQAL is best known for creating Internet sensation lonelygirl15, and recently has had success with the Internet aspect of CBS series Harper’s Globe.
Continue Reading Skomentuj July 30th, 2009
Everyone has a similar story: it’s Sunday night, and right before you finish some last-minute work for Monday morning, your PC crawls onto the shoulder of the Internet and expires as if it just ran out of electrons. What do you do to fix it fast? Intel asked end-users and IT managers to share their favorite low-tech PC fixes and received remedies ranging from inspired to whacky. Check out the creative prescriptions PC users contributed in this blog and video.
Continue Reading Skomentuj July 30th, 2009
The Intel Premier IT Professional site offers a new server efficiency tool that gives IT professionals a snapshot of their current performance and energy efficiency versus what it could be by turning up the number of processor cores and use of virtualization. It also compares their data centers with those of other IPIP members.
Continue Reading Skomentuj July 30th, 2009
A analysis released by Ernst & Young this week finds that clean technology investments are up significantly this quarter, rising 73% to $572M from last quarter. According to the analysis, based on data from Dow Jones VentureSource, clean technology investments were up significantly from Q1, but still down 59% in terms of capital from Q2 of 2008, which was the second-highest quarter for cleantech investments on record. The key segments of investment were energy/electricity related deals, which total $157M, or 26 percent of all of the deals, followed by energy efficiency, which had $152M in investments. Among the biggest deals of the quarter was $40M invested in Englewood, Colorado-based Gevo–a spinout of Caltech working on biofuels, which moved from Pasadena last year due to permitting and regulatory hassles in California.
Continue Reading Skomentuj July 30th, 2009
Poprzedni wpis