Friday, January 13, 2006Arrowhead Gets Private PlacementPasadena-based Arrowhead Research, which is publicly listed on the NASDAQ as ARWR, said today that it has received a $19.6M investment from York Capital Management and Knott Partners. The firm said that it sold 5,590,000 shares of restricted common stock to the firms, in order to accelerate its growth in the nanotechnology area. Arrowhead is developing nanotech-related technology that it licenses from education institutions.
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Network LIVE Adds VPLos Angeles-based Network LIVE, the joint venture between America Online, XM Satellite Radio, and AEG, has added a new vice president to its executive team. Michael Goldfine has joined the firm as Vice President of Production and Programming, where he will oversee all production and programming for the firm. Goldfine was most recently a Senior Producer for Extra!, and also co-produced the HBO series Cathouse. Network LIVE is creating a content distribution firm focused on producing live events f (More info...)
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Citrix Upgrades GoToMyPCSanta Barbara-based Citrix Systems has recently upgraded its GoToMyPC, its software tool for sharing a PC over the Internet. The company's upgraded GoToMyPC 5 tool adds faster access to desktop applications, true color support, drag and drop file transfers, multi-monitor support, and performance tuning and monitoring. Citrix is targeting remote access applications for small and medium-sized businesses with the upgraded version of GoToMyPC.
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Evolution Robotics Spins Off Retail ProductsPasadena-based Evolution Robotics, a developer of tools and technology for the robotics industry, said today that it is forming a wholly-owned subsidiary to focus on its LaneHawk products for retailers. Evolution Robotics Retail will focus on providing Evolution's object recognition technology to the retail industry. Evolution's LaneHawk product is targeted at retailers for recognizing products in the bottom of grocery carts, and to automatically include those at point of sale. Evolution Robotic (More info...)
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Interview with John Melideo, CEO of JamboJohn Melideo is CEO of Agoura-based Jambo, a startup that is creating pay-per-call technology. The local search market appears to be the next frontier in the evolution of search engines, and Jambo is one of many startups that are looking to stake their claim in this area. I spoke with John about what Jambo's technology does, how it fits into this market, and its benefits to consumers and merchants. BK: What's the premise behind your pay-per-call solutions, and what do you provide to publishers (More info...)
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