Friday, May 19, 2006Kleiner Invests In AltraLos Angeles-based Altra, a biofuel firm acquiring and operating ethanol production plants, has received $50M in venture investment from Kleiner Perkins Caufield & Byers, The Angeleno Group, Khosla Ventures, Omninet Private Equity and Sage Capital Partners. Kleiner announced the investment yesterday, in conjunction with a new "Green Innovation" prize it has established to encourage green technology. Altra is in a definitive agreement to acquire California's largest operating ethanol plant, and ha (More info...)
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CaseStack, AtomicBox MergeSanta Monica-based CaseStack and AtomicBox Logistics are merging, the two companies said today. CaseStack and AtomicBox said that the merger will provide complementary geographies for the firm's logistics services, with AtomixBox's Midwest and West Coast presence augmenting the CaseStack footpring in Los Angeles, Portland, Chicago, Dallas, New Jersey, and Atlanta. Both companies provide logistics outsourcing for manufacturers in the consumer packaged goods industry. They also both provide nation (More info...)
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Interview with Mike Jones, CEO of UserplaneFor today's podcast, socalTECH spoke with Mike Jones, CEO of Userplane, a Los Angeles-based company that provides instant messaging and other applications for social networking web sites. Mike talks to socalTECH's Ben Kuo about his company's applications for social networking, customers like MySpace, and some of his company's plans in the IM federation space and possible venture funding.
Mike Jones: My name is Mike Jones, I'm the CEO of Userplane. We provide a communications platform that is (More info...)
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UCI, Unisys Collaborate On Software DevelopmentUC Irvine and Unisys are collaborating on software development research, the two organizations said this week. Unisys said that it was in a collaborative research agreement with the University of California, Irvine Donald Bren School of Information and Computer Sciences to explore development of requirement- and rules-driven software. Unisys will support a research team that is developing software to view critical linkages between business processes and IT infrastructure. The research will be di (More info...)
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Vitesse Gets SubpoenaThings have taken a further turn downhill at Camarillo-based Vitesse Semiconductor, with the disclosure last night that the firm has received a grand jury subpoena from the office of the United States Attorney for the Southern District of New York. Vitesse said last night that it has received a request for documents from 1999 through the present referring to, relating to, or involving the granting of stock options. Vitesse also said that the SEC is also conducting an investigation of Vitesse, an (More info...)
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Quest Supports SharePointAliso Viejo-based Quest Software is supporting Microsoft's popular SharePoint portal software, the company said this week at the Microsoft SharePoint Conference 2006. Quest said that it will support the SharePoint software later this year by providing management and reporting capabilities on SharePoint installations. The firm also said that it plans to provide tools to migrate content from Microsoft Exchange Server Public Folders to the SharePoint platform. Microsoft's SharePoint platform is use (More info...)
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BidShift Gets Customer WinsSan Diego-based BidShift has scored a number of new wins for its workforce management systems, saying this week that it has signed four new hospitals as customers. BidShift said that Bronson Methodist Hospital in Kalamazoo, MI; Lake Forest Hospital in Lake Forest, IL; Sibley Memorial Hospital in Washington, DC; and Southeast Baptist Hospital of San Antonia, Texas are among the latest installations for the firm. BidShift's web-based workforce management product allows healthcare staff to log on a (More info...)
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