Tuesday, March 18, 2008Symwave Nabs Broadcom Exec For CEO PositionSan Diego-based Symwave, a supplier of analog and mixed signal semiconductors, said Tuesday that it has hired on Yossi Cohen as the firm's President and CEO. Cohen was most recently Senior Vice President and Group General Manager of Broadcom's Mobile Platforms Group, and had previously managed both Broadcom's Bluetooth and Gigabit controller businesses. As part of the hire, Symwave said that it will open a new headquarters in Orange County, California to augment its existing San Diego office. Sy (More info...)
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MabVax Therapeutics Raises $8M For Cancer TreatmentSan Diego-based MabVax Therapeutics has recently raised $8M in a Series A funding round, from GBP Capital. The firm is focused on development and commercialization of immunotherapies for the treatment of cancer. According to MabVax, the firm's technology is based on work on monovalent cancer vaccines at the Memorial Sloan-Kettering Cancer Center, which has licensed the technology to MabVax.
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Covario Upgrades SEO SoftwareSan Diego-based Covario has upgraded the firm's search engine automation software, saying today that the firm has added support for universal search to its software, along with new traffic and conversion analysis tools. Universal search is the technique of including not just text results, but top results from video, images, and other kinds of search results within queries on Yahoo, Google, and other search engines. Covario's Organic Search Insight product automates SEO best practices for compani (More info...)
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Jacked Links With KCAL On Lakers CoverageSanta Monica-based Jacked, a provider of a web publishing platform which provides synchronized sports information with sports broadcasts, said today that it has partnered with KCAL 9 in Los Angeles. According to the firm, it will provide an interactive viewing experience for Lakers games throughout the remainder of the season and for 2008-09. The service is being sponsored by Carl's Jr., and will be called "Carl's Jr. Lakers Live SportsTop." Jacked will provide information on player profiles, vi (More info...)
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Web 2.0 Investments Jump, But May Be PeakingDow Jones VentureSource is reporting today that the Web 2.0 investment boom may be peaking. According to the firm, there has been a record $1.34B invested in 178 Web 2.0 deals in the U.S. in 2007, up 88% from 2006. However, Dow Jones found that the results were significantly bolstered by the $300M investment in online social networking site Facebook, which represented 22% of all funding into Web 2.0 companies in 2007. Among other data released by Dow Jones was a slowdown in deal growth, with a 2 (More info...)
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Luminous Medical Raises $23.5MCarlsbad-based Luminous Medical said today that it has raised $23.5M in a Series B round of funding. The new round was led by Adams Street Partners, and also included RiverVest Venture Partners, Finistere Ventures, De Novo Ventures, and Latterell Venture Partners. Luminous Medical is developing an automated blood glucose monitor for in-hospital use. The round brings the company's total raised to $32.5M. De Novo and Latterell are existing investors in the company.
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Linksys Ships New Wireless-G PhoneIrvine-based Linksys said Monday that it is shipping a new Wireless-G IP phone, the iPhone, which is targeted at providing voice-over-IP connectivity via Wi-Fi. Linksys, which is owned by Cisco, said that the Cisco Wireless-G IP iPhone (WIP310) provides VoIP connectivity via WiFi Internet access, and is targeted at consumers and small businesses. The firm said that the upgraded device will be available in the third quarter from Linksys service providers and value added resellers. Cisco's iPhone (More info...)
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SAIC Buys Linguistics FirmSan Diego-based Science Applications International Corporation announced today that it has signed a definitive agreement to acquire SM Consulting, Inc., a Linthicum, Maryland-based provider of services to the federal, state, and local government market and others. Financial terms of the deal were not disclosed. SMC offers linguistic services, foreign language translation, and training to the defense and intelligence industry. SAIC said that SMC employs more than 460 people and will join its Miss (More info...)
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Solarflare Appoints VPsIrvine-based Solarflare, which develops 10 Gigabit Ethernet semiconductors, said this morning that it has promoted Martin Porter to Vice President of Software Development, and named Danny Shamlou as its Vice President of VLSI Design. Porter was previously software director at the firm, and has also served at Conexant. Shamlou joins the firm from Starport Systems, and also has been at Mindspeed and Conexant, where he served in engineering and general management roles. Solarflare develops chips us (More info...)
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