Imation, a manufacturer of magnetic tape and storage media, said this morning that it will close its Camarillo plant by the end of the year. According to Imation, the move is part of a effort to "optimize" its magnetic tape
Beverly Hills-based BiggerBoat has raised around $2M in a new funding round, socalTECH.com has learned, as the firm has begun focusing on a vertical ad network around Internet television and major networks. According to CEO Adam Lilling, the funding came
Jeff Tinsley is CEO and Founder of Reunion.com (www.reunion.com), which provides an online service to find and reconnect with people. We spoke with Jeff last week to catch up on the company, and hear about how it's doing. Jeff filled
Aliso Viejo-based Transcepta said Monday that the firm's electronic invoicing products have been selected by online jobs listing firm Monster Worldwide, the firm said Monday. Transcepta said its electronic invoicing solution will be used as part of automating its accounts
Los Angeles-based Zubican said today that it has launched a public beta of the firm's web site, which allows businesses to find, evaluate, and connect with other businesses. The firm said it is backed by Athenaeum Capital, Pasadena Angels, Tech
FunnyorDie, the Palo Alto- and Los Angeles startup headed by comedian Will Ferrell, is shutting down one of the firm's "or Die" web sites, BlueCollarOrDie, the Hollywood Reporter is reporting this morning. Or Die Networks, the parent company of FunnyOrDie,
San Diego-based Certona said today that it has raised $7M in a Series A financing, led by ABS Ventures. Prior investor Express Ventures also participated. Certona is a provider of optimization and personalization products for retailers. According to the firm,
Los Angeles-based Wi-Fi provider Boingo Wireless announced Monday that the firm has inked a deal with free-hotspot.com, a Dublin, Ireland-based provider of Wi-Fi access in Europe. Financial terms of the deal were not disclosed. Boingo said that the deal provides
Newport Beach-based Mindspeed Technologies announced today that it has sold what it describes as "certain non-core patents" for $10M. Terms and buyers of the patents were not disclosed. Mindspeed said the patents came from a broad portfolio of patents which
Los Angeles-based Gorilla Nation announced Monday that it has added five new sites to the firm's GNMulticultural vertical. The group, which focuses on multi-cultural marketing, has added three African-American, and two Hispanic web sites. The African-American sites are TheUrbanBlogger.com, SandraRose.com,