Thursday, March 13, 2008Spot Runner Nabs VP From MicrosoftLos Angeles-based Spot Runner has snagged a VP from Microsoft, saying Thursday that it has hired on Joanne Bradford as the firm's Executive Vice President of National Marketing Serviecs. Bradford was most recently corporate VP and Chief Media Officer of MSN Media Network, and also had served as VP Global Sales and Marketing of Microsoft's Digital Advertising Solutions unit. Bradford has also served at Businessweek. Spot Runner said Bradford will be responsible for leading the firm's business uni (More info...)
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eEye Rolls New Web Security ProductAliso Viejo-based security software firm eEye said Thursday that it has rolled out a new, web vulnerability scanning application called Retina Web Security Scanner. The firm said the new product is targeted at scanning web sites and web applications for web-based vulnerabilities. The company said the package will start at $6,995. eEye is a developer of virus, intrusion protection, vulnerability management, and other software, which it sells to both corporations and consumers. eEye said the techn (More info...)
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PowerGenix Rolls Out New Rechargable BatteriesSan Diego-based PowerGenix, a venture-backed startup developing non-toxic, rechargeable batteries, announced Thursday that the firm has rolled out a new line of rechargeable batteries which meet the European Union's RoHS and 2006 Battery Directive requirements. The firm--which has received funding from Advent International, Angeleno Investors, Braemar Energy Ventures, DFJ Element, Granite Global Ventures, OnPoint Technologies, and Technology Partners--develops rechargeable batteries based on n (More info...)
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CityWaboo Launches Local Search SiteBurbank-based CityWaboo has launched yet another online local search site, focused on ratings, reviews, and recommendations of local businesses. The company--which had rolled out the site in beta form last May--is focused on letting friends and others share ratings and reviews of local restaurants and other businesses. The service, which also has launched a Facebook application tied to its reviews, sells advertising to local businesses. The site follows CitySearch, InsiderPages.com, Angie's List (More info...)
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Aperio Gets $20MVista-based Aperio announced this morning that it has raised $20M in a Series C funding. The firm, which develops digital pathology systems for the healthcare and life sciences industry, said the round was led by HLM Venture Partners. Existing investors Galen Partners and Advanced Technology Ventures, along with new investors Acadia Woods Partners and BlackRock Alternative Advisors also particapted. Aperio said the funding would go towards market development, sales, operations, and development o (More info...)
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Interview with Joe Morgan, SVB Asset ManagementThere's been a lot of recent speculation about the problems with the auction rate securities market, and its impact on startups. For those not familiar with auction rate securities, they are a financial instrument which has been used to provide a better interest rate on investments, and have been particularly popular for managing cash at corporations. Recently, auctions on those securities have completely shut down, essentially locking out investors--including many venture backed firms--from the (More info...)
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Move Taps eBay For CTOLos Angeles-based Move, Inc., which operates the Realtor.com and Move.com real estate web sites, said today that it has appointed Mike J. d'Almada-Remedios as the firm's Chief Technology Officer. d'Almadad-Remedios was most recently CIO of eBay and Shopping.com. Move also said that d'Almada-Remedios served on the technology board of eBay, PayPal, and Skype. d'Almada-Remedios will be located at Move's Northern California offices.
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