Tuesday, February 3, 2004


ImageWare Raises $6.6M in Private Placement
San Diego-based ImageWare Systems (www.iwsinc.com) reports that it has entered into an agreement to raise $6.6M in a private placement. ImageWare is publicly held and develops digital imaging, identification, and biometric software.
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RackSaver Upgrades Servers
San Diego-based RackSaver (www.racksaver.com) has upgraded its new product line to support the Intel P4 line of processors. The support means that customers will have access to the increased speed and functionality of the P4 processors in RackSaver products. RackSaver provides high density blade server clusters, rack-optimized servers, and high performance technical workstations.
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Mindspeed Gets LG Electronics Win
Newport Beach-based Mindspeed (www.mindspeed.com) has landed LG Electronics for a CDMA2000 wireless base station controller. LG will use Mindspeed's Miro processor for the wireless voice station product.
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Expertcity Teams With Mobile Automation
Santa Barbara-based Expertcity (www.expertcity.com) announced that it is in a distribution partnership with Mobile Automation. Mobile Automation will offer Expertcity's remote support solution to support its clients in patch management, inventory discovery, software distribution, and more.
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SolarFlare Hires VP
Irvine-based SolarFlare Communications has added Bradley Masters as VP Engineering. SolarFlare dvelops high speed semiconductors for 10Gbit/s Ethernet over copper. Masters was previously VP of Engineering at JNI, and also served at Western Digital.
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Boingo Goes International
Santa Monica-based Boingo Wireless (www.boingo.com) has inked an agreement with inter-touch to expand the company's Wi-Fi network into ten additional countries. inter-touch provides high-speed Internet access in Asia, South Pacific, Europe and the Middle East, at more than 150 hotels.
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VC Fund Raising Up
A new survey shows VC fundraising is up, the busiest quarter in two years.
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