Escaping Death Valley
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Paul Clinton
A survivor of the instant-millionaire dot-com era is relaunching
itself locally after retreating from an office on the outskirts of
Silicon Valley.
Loominate, a company that provides streaming audio-video services,
set up shop in October at a Superior Avenue office, which is about
half the size of their previous space. Orange County’s economy was
much more appealing, CEO Ryan Anderson said.
“I’ve heard it called Death Valley, not Silicon Valley,” Anderson
said. “We had seen the amazing growth and vitality of the Orange
County market.”
Anderson and two other partners relaunched Loominate last year.
The company, which morphed from a consulting firm known as
Synernetix, now specializes in developing programs for visual
presentations.
Loominate develops what are known as “micro sites,” aesthetically
spare Web sites that provide specific information about product or
service.
Anderson and his team of between six and 10 employees use existing
software to develop programs that contain these visual presentations.
Loominate is working to sign a deal with a medical-device company
that manufactures a cardiac machine that’s too bulky to carry to
client meetings.
Loominate’s services, which can be tailored to customers’ needs,
cost a company between $5,000 and $100,000, depending on how in-depth
the presentation.
The company is zeroing in on the Southern California market, so
the Costa Mesa location makes sense, Anderson said.
The company’s main competitors in this market are Sawyer Media
Systems and Eveo Inc.
Anderson, whose family owned a Newport Beach summer house,
graduated from UC Riverside with a business degree. He co-founded
start-up Omnibility in 1999 before joining McAfee Security, the
Network Associates division that sells anti-virus software.
Anderson, 32, left the company in 2001 to form Synernetix. He now
lives in Rancho Santa Margerita.
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