Tuesday, August 23, 2005
Arbor Raises $20M
Irvine-based Arbor Surgical Technologies has raised $20M in a Series B funding. The company said that it raised the round from Bair Venture Partners, with new investors Affinity Capital Management and Fisk Ventures. Existing investors Delphi Ventures, Alloy Ventures, Johnson & Johnson Development Corporation, Three Arch Partners, Thomas J. Fogarty MD, Sapient Capital, Kaiser Venture Capital, David Chonette, and Sage Venture Partners, also participated. Pete Shagory of Baird Venture Partners (More info...)

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MTI Raises $20M in Private Placement
Tustin-based storage services company MTI Technology said yesterday that it has raised $20M in a private placement equity financing led by Advent International. MTI said that it would use proceed from the offering to support its operations, growth, and general corporate purchases. MTI will issue $20M in Series B Convertible Preferred Stock with the offering. MTI sells and supports storage hardware, and acts as a reseller of storage gear from a number of manufacturers. The company was previously (More info...)

posted on Tuesday, August 23, 2005(Full story)

Belkin Rolls iPod Accessory
Compton-based Belkin has rolled out a new accessory for Apple's popular iPod, adding a new USB 2.0 hub that integrates iPod charging and sync capability. The company's new TuneSync hardware also allows users to connect their iPod to a stereo while it charges. Belkin's new accesory lists for $59.99. Belkin is a provider of computer and related accessories.

posted on Tuesday, August 23, 2005(Full story)

SeeBeyond Lands Sabre
Monrovia-based SeeBeyond announced yesterday that it has landed travel services provider Sabre Holding as a user of its software suite. SeeBeyond has selected SeeBeyond's ICAN software suite as its integration platform for supplier and customer facing applications. Sabre operates Travelocity, Sabre Travel Network, and Sabre Airline Solutions.

posted on Tuesday, August 23, 2005(Full story)

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