Tuesday, February 14, 2012


Docstoc Hits 80,000 Paying Subscribers, 20M Members
Santa Monica-based Docstoc, the online small business documents sharing and download site headed by Jason Nazar, said Tuesday that it has now hit more than 80,000 paying subscribers to the service, and over 20 million members. In an update to supporters, Nazar said that it now has over 80,000 people who have become paid users to its Docstoc Premium subscription service, which gives those users access to premium business documents via a monthly subscription, starting at $9.95 per month. Docstoc (More info...)
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Parchment Finds $6M
Parchment, the startup which operates Docufide, a service to help transfer high school transcripts to colleges and universities, said Monday that it has raised $6M in funding. Parchment--which started in Los Angeles, and continues to have offices here--said the funding was led by Salmon River Capital, and also included Novak Biddle Partners and Blackboard CEO and President Michael Chasen. Parchment was formerly known as Docufide, but recently changed its name and relocated its corporate headquar (More info...)
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Nimble Updates Contact Management Software
Santa Monica-based Nimble, the developer of a software-as-a-service, contact management service which is headed by former Goldmine founder Jon Ferrara, said this morning that it has debuted a new version of its service. The firm said that Nimble 2.0 focuses on social discovery, improved usability, and better privacy and marketing integration. Among other features, the firm said it now allows users to add their own, custom field to contact records, and a new "Notification" section which aggregate (More info...)
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MomentFeed Upgrades Location Analytics Software
Santa Monica-based MomentFeed, the developer of location-based marketing analytics software headed by Rob Reed, said Monday that it has upgraded its software. The newly updated software now adds such features as monitoring real-time Twitter feeds; sorting customers by their Klout score; measuring customer sentiment; and more. MomentFeed is developing analytics software which helps companies monitor consumer engagement at a specific, retail location on Facebook, Foursquare, and Twitter, helping m (More info...)
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Borrego Solar Finds $47 Million For Solar Energy Projects
San Diego-based Borrego Solar Systems, the venture-backed installer of solar photovoltaic power systems, said today that it has closed on a new, $47M financing fund. The new fund comes from U.S> Bank and East West Bank, and will go to finance solar energy projects for its corporate, education, and municipal customers. The fund will go to fund Power Purchase Agreements (PPAs). PPAs are the long term, power buying projects being used to finance expensive solar power installations. Users of solar p (More info...)
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KFx Medical Gets Patent
Carlsbad-based KFX Medical, which is developing bone implant products for the orthopedic surgery market, reported today that it has received a third patent. The patent, U.S. Patent No. 8,109,969, covers its knotless double row soft tissue bone repair method. The patent was filed on September 26, 2011, and names Michael L. Green, Joseph C. Tauro, and Bart Bojanowski as inventors. KFX said the quick turnaround time came via participation in the USPTO Patent Accelerated Examination Program. The pat (More info...)
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Aerovironment Licenses Targeting Software
Monrovia-based Aerovironment, which make unmanned aerial vehicles for the military, said yesterday that it has signed a licensing deal with an Australian company. Aerovironment and Australia-based Sentinent said they are in an exclusive, global license to distribute Sentinent's automatic target detection software for use on its small, unmanned aircraft systems. The software detects moving objects in a video. Aerovironment said it is using the software with its Puma, Raven, and Wasp systems. Fina (More info...)
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