Dow Jones VentureSource, a provider of venture capital data, reported Tuesday that we are in the midst of the second-longest IPO drought since it started tracking the industry in 1992. According to Dow Jones, Q2 of this year was the
Camarillo-based Providea, a provider of hardware and installation services for the video conferencing sector, has scored an investment as part of a recapitalization deal, the firm said Tuesday. According to Providea, it has received a growth equity investment from WestView
Los Angeles-based Or Die Networks, the company behind Will Ferrell's FunnyOrDie.com web site, said today that it has launched a new web site focused on the video game industry, PwnorDie.com. Or Die Networks said that the new site will focus
Santa Monica-based eForce Media, a provider of Internet sales lead generation services, said today that it has acquired Vertical Passion Media, LLC and appointed its founder, Jeffrey Schwartz, as President and CEO. Schwartz is the former president and CEO of
Santa Ana-based STEC, a developer of Flash memory and DRAM memory products, said Monday that the firm has accepted a $35M, senior unsecured revolving credit facility from Wachovia Bank. According to STEC, it will use the new credit facility to
Los Angeles-based the Rubicon Project, which operates a service which optimizes online advertising for publishers, said today that it has partnered with AdJug Ltd, an online advertising marketplace. According to Rubicon, the deal calls for AdJug to monetize the UK
Irvine-based Specific Media, an online advertising network, revelaed Tuesday that it has hired Jon Scholz as the firm's Senior Vice President, Global Category Development. Scholz was most recently at Ford Motor Company, where he headed the auto maker's digital and
Santa Monica-based eHow, the online information site owned by Demand Media, has rolled out a new "Quick Guide" feature on its web site, saying that the new feature will show the most frequently requested topics and articles from the site
Los Angeles-based RealD, a provider of technology for 3D projection of motion picture films, has inked a deal with Cinemark Holdings to add 1,500 new screens. According to the two companies, Cinemark will add up to 1,500 RealD 3D screens
San Diego-based Dataskill Inc., a provider of IT and software services, has acquired fellow software product development firm Silicon Space, Dataskill announced Tuesday. Financial terms of the deal were not disclosed. Silicon Space is a provider of outsourced software development
VirtualTourist.com Inc. and Onetime.com Inc, two Manhattan Beach-based online travel web sites, have been acquired by online travel information web site TripAdvisor LLC, which is owned by Expedia Inc. Financial details of the acquisitions were not disclosed. VirtualTourist.com provides user-generated
Los Angeles-based ShopIt, which develops software which allows users to create storefronts for their social networking profiles, said today that it has released a new application focused on AOL's instant messenger service, AIM. According to ShopIt, its new application allows
Los Angeles-based Atomkeep has launched a new service which allows users to synchronize their profiles between major social networking web sites. Atomkeep said that its service synchronizes between LinkedIn, Facebook, Monster, Flickr, Twitter, Jobster, Blogger, Yelp, Slide, JOBcentral, and Mixergy.
