Tuesday, September 7, 2004
MediciNova Raises $44M Series C
San Diego-based MediciNova announced that it has raised $44M in a third round of funding. Funding came from Essex Woodlands Health Ventures, Aqua RIMCO, Biovision Life Science Fund, China Development Industrial Bank, Diamond Capital, Dr. Ci:Labo, Mizuho Securities, New Business Investment, NIF Ventures, Nippon Venture Capital, POSCO Bioventures, SMBC Capital, The University of Tokyo Capital, J.F.E. Hottinger & Co. and other investors. The company also said that is raised a Series B earlier t (More info...)

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Acacia Inks Bloomberg Licensing Deal
Newport Beach-based Acacia Technologies announced today that Bloomberg LP has entered into a license agreement for its Digital Media Transmission (DMT) technology. Acacia has been aggressively pursing colleges and universities, adult web sites, and others after landing a patent it said gives it rights for streaming video over computer networks. The company acquired the rights to the streaming video patents in 2001 from Greenwich Information Technologies, and has since been on a lawsuit spree to (More info...)

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LightPointe Names CEO
San Diego-based LightPointe Communications announced that it has named a new President and CEO. Jim Cady joins the company from WatchGuard Technologies, where he was President and CEO. He also has served at Rio Digital Audio and Diamond Multimedia. The company also appointed Bob Preston SVP and Chief Marketing Officer. The company did not make a statement on the fate of its previous CEO, John Griffin. Preston has experience at Storm Technology and Xircom. LightPointe is designing optical wireles (More info...)

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PacInfo Teams With I-Logix
Santa Barbara-based PacInfo Technologies announced that it has been selected as a reseller of I-Logix Rhapsody design tools. PacInfo will sell and support the Rhapsody UML design tools for systems and software engineering. PacInfo provides engineering services for the embedded software and hardware sector.

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