Wednesday, August 4, 2004Nexsan Appoints CEOWoodland Hills-based Nexsan Technologies announced that it has added Philip Black as CEO. Black joins from LightSand COmmunications, where he was CEO. Black also was at storage consulting firm IN_fusion, CEO of Box Hill/Dot Hill, and founder and CEO of Tekelec. Nexsan is a provider of low cost, Serial ATA (SATA) storage systems.
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Iomega Announces FireWire REV DriveSan Diego-based Iomega (www.iomega.com) announced that they are now shipping a FireWire version of their REV drive. The company's new REV 35GB 1394/FireWire drive is designed for Mac users, and is focused on backup and large file storage. The drive is already available in USB and ATAPI models, and is bundled with Dantz Retrospect Express.
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EWI Holdings in Receives FundingSan Diego-based EWI Holdings, a provider of payment processing services for prepaid and cash payment transcations, has received funding from Darby Technology Ventures and National City Equity Partners. The amount of the financing was not disclosed.
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Arkeia Finds $4.0MCarlsbad-based Arkeia Corp. has completed a $4M round of equity funding from Banque Populaire and Credit Lyonnais. The company, which develops backup and recovery software for Linux and other operating systems, with integration with popular database and other applications such as Oracle, DB2, MySQL, and MS-Exchange. Separately, the company said that it is working with Coraid to certify Arkeia's network backup software on Coraid's EtherDrive Storage Blade appliances. Arkeia has offices in Carlsba (More info...)
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Streamload Raises Series ASan Diego-based Streamload has raised a Series A round for its software for enabling the sending, receiving, and access to digital media from Internet-enabled PCs. Funding came from Windward Ventures, the City of San Diego's Emtek Program, and angel investor Charlie Jackson. Jackson has been an active seed investor in high tech ventures and the CEO and founder of two software publishing companies.
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Kalypsys Completes $29M Series BSan Diego-based Kalypsys has raised $29M from Invermed Catalyst Fund, Sprout Group, Tavistock Life Sciences, Novartis BioVentures Fund, and others in a Series B funding. Kalypsys is a drug discovery company, and is a spinoff of the Genomics Institute of the Novartis Research Foundation. The company is focusing on small molecule drug candidates and is developing its pre-clinical pipeline. The company also added Kenneth Langone of Invemed Associates and Al Heller of One Equity Partners to its boar (More info...)
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Ceregene Discovers $32MSan Diego-based Ceregene has closed a $32M Series B funding round from Alta Partners and MPM Capital, with participation by Hamilton Apex and California Technology Ventures. Public company Cell Genesys (CEGE) which is a majority owner of Ceregene converted their bridge loan into Series B shares. Ceregene is developing drug candidates targeted at Parkinson's disease, Lou Gehrig's disease, and Alzeheimer's.
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Avera Pharmaceuticals Raises $48MSan Diego-based Avera Pharmaceuticals, which is focused on developing medicines for psychiatric and neurologic illnesses, has raised $48M in a third round of funding. Financing came from Perseus-Soros BioPharmaceutical Fund and Schroder Ventures Life Sciences. New investors included Aberdare Ventures, BioAsia Investments, HIG Ventures, and Montreux Equity Partners. Prior investors also participated.
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