Wednesday, January 30, 2008TVC Capital Buys Back Del Mar DataTracSan Diego-based private equity firm TVC Capital said Wednesday that it has acquired Del Mar DataTrac from FiServ. Financial terms were not disclosed. Del Mar DataTrac provides back-office, lending software for automating the residential mortgage lending process. Del Mar DataTrac, which was known as Del Mar Database, was venture backed by TVC Capital before its purchase by FiServ in March of 2005. Jeb Spencer, Managing Partner of TVC Capital, was Del Mar's Executive Chairman from 2003 to 2005. Ac (More info...)
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Arbor Surgical Pulls In $20MIrvine-based Arbor Surgical, a developer of medical devices, said this week that it has closed on $20M in Series C funding. The funding was led by Medtronic, and was part of a licensing agreement between the companies. According to Arbor Surgical, Medtronic has been provided with manufacturing, marketing, and distribution rights to its advanced trilobal pericardial valve technologies. The firm's medical devices are used for heart valve replacement. Arbor's existing investors also participated in (More info...)
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Jacked.com Takes On Super BowlSanta Monica-based Jacked, which develops products which provide real-time, synchronized information between sports games and television broadcasts, said Wednesday that it has launched a beta of a new product ahead of the Super Bowl. The firm said its SportsTop product will monitor the Super Bowl XLII broadcast, and provide real-time information to the PCs of sports fans. Information will include player profiles, stats, in-game photos, videos and news, all delivered in real time. Jacked powers N (More info...)
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WonderHowTo.com Raises Series A, Launches How-To Video SiteSanta Monica-based WonderHowTo.com said Wednesday that it has closed a Series A investment led by General Catalyst Partners. Financial terms of the funding were not disclosed. The firm also said it has launched a new, How-To video site which features a video guide and index of web instructional videos. The firm is headed by Stephen Chao, who has served as both president of Fox Television and USA Cable. WonderHowTo.com also said it has teamed with Scripps Networks, which will handle advertising s (More info...)
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MySpace Names Kapur COOLos Angeles-based social networking website MySpace said today that it has named Amit Kapur as the firm's Chief Operating Officer. Kapur has been at MySpace since 2005, and has served as the firm's VP of Business Development since 2006. According to MySpace, Kapur will spearhead development and implementation of all global business operations for MySpace. Kapur previously served at NBC-Universal. MySpace is a unit of Fox Interactive Media.
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Qlogic Links With SunAliso Viejo-based storage networking hardware provider QLogic said Tuesday that Sun Microsystems is now offering the firm's SANbox 9200 Fibre Channel switches as part of its storage networking portfolio. Financial impact of the deal was not disclosed. Sun Microsystems will offer the switch to its enterprise storage customers. QLogic's director switch supports up to 256 ports of Fibre Channel network switching and also includes fault tolerance and high availability capability. QLogic is a manufac (More info...)
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Broadcom Gets Design Win At ToshibaIrvine-based Broadcom said Tuesday that it has been selected by Toshiba as part of Toshiba's new Satellite notebooks. Broadcom said that its media PC technology is being used to enable high quality HD DVD playback for three new notebooks, including Toshiba's Satellite P205, Satellite A205, and Qosmio F45. Financial impact of the design win were not disclosed. Broadcom's semiconductors are being used to provide HD DVD playback. Broadcom develops a number of HD DVD decoding products among its larg (More info...)
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DataDirect Networks Hires Sales VPChatsworth-based DataDirect Networks said today that it has hired Scott Genereux as the firm's Senior Vice President of Worldwide Sales. Genereux joins the firm from Hitachi Data Systems, where he was Executive Vice President and General Manager of Worldwide Sales, Marketing, and Support. Genereux had been at Hitachi for more than 18 years. DataDirect Networks develops high performance, storage systems used for high performance computing and digital media. DataDirect, which is privately held, sa (More info...)
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