socaltech.com TechNews - Monday, December 17, 2012 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. ------------------------------------------------------------------------ --How Younity Is Unifying Your Files Across Devices, with Erik Caso --Verdezyne Sells Technology To DuPont --StockTwits Integrates With HootSuite --Condusiv Technologies Launches New VM Software --Local Corporation Targets HVAC Market --Machinima Chops 10 Percent --ThisWeekIn.com To Wind Down Video Podcasting Network MARKETPLACE --Fetch Recruiting, Inc. --Ventura Ventures Technology Center (V2TC) - Business Incubator --Pixelgate.net - Internet Access, Web Hosting, Network Services --PwC Emerging Company Zone RECENT JOB POSTINGS --Sales Manager-Direct Sales, Santa Barbara, Local Market Launch --Graphic Designer, Santa Barbara, Local Market Launch --UI/UX Developer, Santa Barbara, Local Market Launch --Director of Business Development-Franchise Sales, Santa Barbara, Local Market Launch --Director of Sales, Santa Barbara, Local Market Launch --PHP Developer, Santa Barbara, Local Market Launch RECENT FUNDING EVENTS --------------------------------------------------------------------------- How Younity Is Unifying Your Files Across Devices, with Erik Caso ---- If you're like the typical device user today, you've got a smartphone, laptop, desktop, not to mention a dozen cloud accounts where you're storing your documents, music, video, and other files. How do you track where those files are? And how do you make sure you can access those files from anywhere? How about if it didn't matter where you stored those files, and they were available from anywhere? Entangled Media, one of the startups out of the current class at MuckerLab, has developed Younity (www.getyounity.com), a service which hopes to do just that--make your files available from anywhere. We caught up with Erik Caso, the firm's CEO, to learn what the startup is trying to do. Describe what Younity is all about? Erik Caso: Younity creates a personal cloud for all of your files, (More...) http://bit.ly/TqZcjD --------------------------------------------------------------------------- Verdezyne Sells Technology To DuPont ---- Carlsbad-based Verdezyne, the developer of industrial biotechnology and renewable chemicals, said today that it has sold its proprietary xylose isomerase technology to DuPont Industrial Biosciences. Verdezyne did not disclose financial details of the technology sale. Verdezyne said DuPont has purchased rights to its patented xylose isomerase technology, for us in the biofuels and biochemical fields. The technology is used for converting sugar to fuels and chemicals. Verdezyne is venture backed by BP Alternative Energy Ventures, DSM Venturing B.V., OVP Venture Partners and Monitor Ventures. StockTwits Integrates With HootSuite ---- San Diego-based StockTwits said today that it has launched a new, app for HootSuite, the provider of software used for social media management. According to StockTwits, the new app and integration makes it easy for HootSuite users to post messages directly to StockTwits.com. StockTwits operates a micro-messaging service--similar to Twitter--focused on stocks and finance discussions. HootSuite allows businesses and others to run marketing campaigns across multiple social networks, and is commonly also used by people to time announcements on Twitter, for example. HootSuite also connects into social networks like Facebook, Twitter, LinkedIn, and Google+. StockTwits is lead by Howard Lindzon. Condusiv Technologies Launches New VM Software ---- Burbank-based Condusiv Technologies, the developer of utility software which was formerly known as Diskeeper Corporation, said that it has launched a new product aimed at accelerating access to virtual machines. The firm said its new product, V-locity 4, is a virtual machine accelerator aimed at VMware and Microsoft Hyper-V. According to the firm, it says its software improves performance up to 50% on all VM platforms, according to recent benchmark testing of the product. Local Corporation Targets HVAC Market ---- Online local business advertising firm Local Corporation announced this morning that it has launched a new, industry-specific website focused on the heating, ventilation, and air conditioning (HVAC) market. The new site offers educational articles and other information aboud HVAC services, and will generate leads for local businesses. The firm said the new site is part of a series of vertical, industry-specific sites it is launching to generate leads. Machinima Chops 10 Percent ---- High flying, YouTube network Machinima has laid off 10 percent of its staff, as part of a reorganization, according to reports Friday evening. News of the layoffs first trickled out via Twitter from many of the firm's former employees. Los Angeles-based Machinima has been one of the most highly watched of a crop of local companies tackling creating and distributing content on YouTube. ThisWeekIn.com To Wind Down Video Podcasting Network ---- There's a lot of startups being built in Los Angeles around content, and it appears the consensus is that you indeed, can create a big business around video for the web. But, apparently, that doesn't apply to a technology focused, online video casting network--at least, based on the announcement Friday by Jason Calacanis that is he winding down ThisWeekIn.com, the Los Angeles-based video podcasting firm known for "Kevin Pollak's Chat Show", "This Week In Music", "This Week in Venture Capital", and "This Week In Startups". Calacanis told his mailing list that--although they were able to get the company to break-even--they've decided that the company would not be able to scale, so it will be winding down, and giving its remaining funds back to its angel investors. ThisWeekIn had been particularly followed in Los Angeles, for its This Week In Venture Capital (hosted by Mark Suster) and This Week In Startups (hosted by Calacanis himself). Calacanis said that it didn't make sense to invested in a business which had "limited upside." --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Fetch Recruiting, Inc. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------ADVERTISEMENT------------------------------- Ventura Ventures Technology Center (V2TC) - Business Incubator The Ventura Ventures Technology Center (V2TC) is a high-tech business incubator located in downtown Ventura, CA. V2TC offers a creative environment where high-tech start-ups and entrepreneurs can network, brainstorm, and grow their business. Work-spaces are affordable, flexible and scalable in order to allow companies the ability to manage their growth effectively and efficiently. Learn more at http://www.v2tc.com ------------------------------ADVERTISEMENT------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- PwC Emerging Company Zone Visit the Emerging Company Zone, sponsored by PricewaterhouseCoopers, for access to the latest MoneyTree venture capital report; thought leadership articles, information on IPOs and more. http://www.socaltech.com/pwc ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Sales Manager-Direct Sales, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5459 Graphic Designer, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5461 UI/UX Developer, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5460 Director of Business Development-Franchise Sales, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5458 Director of Sales, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5457 PHP Developer, Santa Barbara, Local Market Launch http://www.socaltech.com/showjob.php?id=5456 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 12/14/12 Helinet $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=47218 12/12/12 Enevate $24.0M http://www.socaltech.com/intelligence/?action=showdeal&id=47202 12/12/12 Mitu Network $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=47206 12/12/12 Koupon Kitty $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=47213 12/06/12 Avelas Biosciences $7.7M http://www.socaltech.com/intelligence/?action=showdeal&id=47060 12/06/12 Biomatrica $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=47059 11/29/12 CARDIAQ VALVE TECHNOLOGIES INC $37.3M http://www.socaltech.com/intelligence/?action=showdeal&id=46449 11/29/12 CapLinked $1.6M http://www.socaltech.com/intelligence/?action=showdeal&id=46913 11/29/12 TranscribeMe $0.9M http://www.socaltech.com/intelligence/?action=showdeal&id=46916 11/29/12 ArmaGen Technologies Inc $17.0M http://www.socaltech.com/intelligence/?action=showdeal&id=46984 11/27/12 At The Pool $0.8M http://www.socaltech.com/intelligence/?action=showdeal&id=46906 11/27/12 Fresh Dish $0.5M http://www.socaltech.com/intelligence/?action=showdeal&id=46902 11/20/12 Mabvax Therapeutics $5.3M http://www.socaltech.com/intelligence/?action=showdeal&id=46811 11/20/12 Cap That $2.3M http://www.socaltech.com/intelligence/?action=showdeal&id=46813 --------------------------------------------------------------------------- Upcoming Events This Month http://www.socaltech.com/Calendar socaltech.com Calendar of Southern California High Tech Events Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html December 18, Santa Monica -- Putting the "User" back in User Experience. Coloft. Who is this mysterious "user" that everyone's talking about? In this class, we'll review several techniques for defining who your users are and understanding how and why they use your product. . See http://www.socaltech.com/calendar/eventid/22990 December 21, Los Angeles -- AngelLaunch Holiday Party. Angel Launch produces events connecting entrepeneurs and investors in Los Angeles and San Francisco area. WHO SHOULD ATTEND: Investors, startups, Internet and web enable ventures, games, web services, mobile, apps, Internet enabled services, platforms, consumer electronics, software, hardware, entertainment and media, digital media, broadband and web services, entertainment,, finance, life science, enterprise, clean tech.. See http://www.socaltech.com/calendar/eventid/23034 December 31, Los Angeles -- LA Ruby / Ruby on Rails Monthly Meetup. See http://www.socaltech.com/calendar/eventid/22992 December 31, Santa Monica -- SM New Tech Meetup November 2012 #SMNT5. 6 new tech startup companies will present their products and technology (5 min demo+5 min Q&A). See http://www.socaltech.com/calendar/eventid/22934 ----------------------------------------------------------------------- Sponsored by: Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Deloitte LLP (http://www.deloitte.com/us/technology). Fetch Recruiting, Inc. (www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies Email sa...@socaltech.com for more information about sponsoring this newsletter. ----------------------------------------------------------------------- You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://www.socaltech.com/unsubscribe.php or email us at customerserv...@socaltech.com ------------------------------------------------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2012 SOCALTECH LLC. 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