The StartUp Beat: 4/3/07
-Big news in digital rights management – More commonly known as “DRM”, it has been a huge issue for the new world of digital music because of the block it imposes on cross-device and service compatibility. Yesterday’s announcement from Apple and EMI that DRM free music will now be offered could be a boon for companies like Santa Barbara-based Sonos, which develops wireless multi-room home music systems. If it catches on, DRM-free music will allow unified wireless home music to be more feasible and no doubt significantly more attractive to consumers.
-After much media speculation over the last few days about the future of L.A.-based mobile phone company Helio, it seems that its new Ocean phone may be taking on the role of company’s saving grace. Eric Zeman at InformationWeek, reporting on the CTIA mobile technology show in Florida last week gives Helio and the Ocean his “unofficial Best of CTIA 2007 award.” And Giga Om reports on the Ocean and its potential to lift Helio’s prospects—Helio’s Last Chance: The Ocean.
-SoCalTech reports today that an analysis of its venture database reveals that more than $1.15 billion in venture capital deals in Southern California were disclosed in the first quarter of this year. Here’s the full story: Southern California Raises Over $1B In VC In Q1 2007


