Wednesday, February 15, 2006CADFORCE Raises $1.7MLos Angeles-based CADFORCE, a provider of outsourced CAD drafting services, has received a round of venture funding from Rincon Venture Partners and the Tech Coast Angels. Rincon, a Santa Barbara-based venture capital firm, led the round. Jim Andelman of Rincon will join the firm's board, along with Doulgas Webster, VP Mergers and acquisitions at MCI. CADFORCE provides drafting, production of construction documents, and photo-realistic renderings for CAD customers using an offshore labor pool ba (More info...)
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Sanyo, Nokia Create Joint Venture In San DiegoSanyo and Nokia have announced that they are creating a new, joint venture in San Diego. The two firms said they are combining their CDMA mobile phone operations, with operations in San Diego, Osaka, and Tottori Japan. The two firms said that they expect the joint venture to achieve a leading position within the global CDMA mobile phones market. Sanyo said that the will transfer its development, production and sales operations related to CDMA2000 phones to the joint venture.
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Siderean Names New ExecsEl Segundo-based Siderean Software, a provider of software for digital content navigation, said today that it has named two new vice presidents. Siderean said that it named Brian Anderson as VP of Marketing, and Jack Berkowitz as VP of Engineering. Anderson was most recently chief marketing officer at Avamar Technologies, and has also served at Access360 and HNC Software. Berkowitz was most recently VP of Engineering and VP of Strategic Alliances at Cerebra. Siderean is backed by Clearstone, Inn (More info...)
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Continuous Computing Shuffles ExecsSan Diego-based Continuous Computing, a provider of software and equipment for telecom equipment manufacturers, said Monday that it has named PJ Go as CEO, and appointed Randy Lunn as Chairman of the firm. Go has been serving as interim CEO of the firm. Lunn is a founding partner of Palomar Ventures, and was previously on the board. Lunn was also an original investor in the firm, which is backed by Palomar, Intel, Viterbi Group, and others. The company did not make any statement about Ken Kalb, (More info...)
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Massachusetts Firm Buys Project.netIntegrated Computer Solutions, a Massachusetts-based software firm, has acquired San Diego-based Project.net, a provider of open source software for project and portfolio management. Terms were not disclosed. Project.net is a commercial open source package targeted at software and project management. ICS said that Project.net's current customers include Amazon.com, Shopzilla.com, Cornell University, and Bankers life. Project.net founder Roger Bly will serve as the company's VP of Research and De (More info...)
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Worldlink Integration Group Gets FundingAlerion Capital Group, a private equity firm based in Scottsdale, Arizona, is reporting that it has made an investment in Aliso Viejo-based Worldlink Integration Group. Worldlink provides technology deployment outsourcing services to major national retailers, including Petco, Jack in the Box, and Sears. Amount of the investment was not disclosed. Worldlink deploys point of sale and other technology for retailers, outsourcing the installation of those technology platforms.
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SIPphone Gets $6MSan Diego-based SIPphone has raised $6M in a round of venture capital, the firm said today SIPphone, which is developing open source voice over IP (VOIP) software, said that it received the funding from Dawntreader Ventures, and would use the funding to expand the firm's SIP services to non-PC devices such as adapters, routers, WiFi handsets, and dual mode mobile phones. The company also said that it expects to triple in size over the next year wtih hires in business development and engineering. (More info...)
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Interview with Carl Crabill, MovieBeamI spoke yesterday morning with Carl Crabill, VP of Sales and Marketing of MovieBeam, which just launched its nationwide movie rental service. MovieBeam is a Disney spinoff that just received funding from Disney, Intel, Cisco, Mayfield, Norwest, and VantagePoint. BK: Tell me a little bit about your launch today, and the MovieBeam service. What's the new service? CC: The essence of the MovieBeam services is that we take the best part of the video store – the movies – and put them in a box, c (More info...)
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