Monday, January 30, 2006Qualstar Appoints DirectorSimi Valley-based Qualstar, a manufacturer of tape libraries and tape drives, has appointed a new member to its board of directors. The firm said that Stanley W. Corker has been appointed to its board, and will serve on both its Audit and Compensation committees. Corker is Director of Technology Research and a partner at Emerald Asset Management, and has also served at IDC, Overland, Cipher Data, and other storage related companies.
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Quest Upgrades E-Mail Archiving SolutionAliso Viejo-based Quest Software released its new e-mail archiving solution this morning, the result of its recent acquisition of AfterMail Technology. The firm said that it has released Archive Manager 3.0, a new e-mail archiving solution for indexing and storing mailbox information. The new software follows its recent acquisition earlier this month of AfterMail, the original developers of the software. The new software is used for compliance and e-discovery support of email, knowledge sharing, (More info...)
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Digital Insight Scores Win In ArizonaCalabasas-based Digital Insight has scored a large win with an Arizona credit union. The firm said late last week that Arizona Savings and Credit Union will migrate its 40,000 online banking users to Digital Insight's platform. Digital Insight provides an online banking platform targeted at credit unions and others. The firm said that the credit union will use its Internet Banking and Bill Payment services from its existing in-house system. Digital Insight said that it has more than 1700 financ (More info...)
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Akonix Taps Experts For Advisory BoardSan Diego-based Akonix, a developer of instant messaging firewalls and software, said today that it has appointed a new expert advisory board for the firm. The company said that David Gurle of Reuters, James Robertson of Turner Broadcasting, and Bill Maguire former CIO of Aspect Communications and Legato Systems, will advise the company on its products. Akonix targets the instant messaging market with software and firewalls for filtering and controlling instant messaging traffic.
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Xirrus Raises Venture Round From August, USVPThousand Oaks-based Xirrus, a developer of Wi-Fi switch equipment, today is announcing that it has raised an external round of funding from several venture firms. The funding came from August Capital and U.S. Venture Partners. As part of the funding, Steve Krausz of USVP, David F. Marquardt of August Capital, and Bill Schroeder, former head of Diamond Multimedia and Conner Peripherals, will join the board. Xirrus also is announcing today that it has entered into an OEM agreement with ADC. Xirrus (More info...)
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AOL Signs Deals With Broadband ProvidersAmerica Online announced today that the firm has signed a deal with broadband network providers BellSouth, Time Warner Cable, and Verizon to offer its services over DSL. The Internet Services provider has been facing huge outflows from its service as consumers have moved to broadband cable and DSL connections, and the move allows its customers to get broadband service for as low as $25.90 per month. AOL said that it will begin to aggressively market its high speed service offering, starting toda (More info...)
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Interview with Richard Rosenblatt, Intermix and MySpaceMy interview this morning is with Richard Rosenblatt, former chairman of MySpace, and former CEO of parent company Intermix. Intermix was recently awarded Best Merger and Acquisition by the Los Angeles Venture Association, where I ran into Richard. Intermix was acquired for over $650M in July by News Corp. Richard is now consulting for News Corp. I talked with Richard a bit about the acquisition. BK: Thanks for the interview, and congratulations on the purchase. I'm interested in hearing the s (More info...)
posted on Monday, January 30, 2006(Full story)