Tuesday, July 28, 2009Websense Names New CFO, Sales VPSan Diego-based WebSense, a developer of email and web security products, announced Tuesday afternoon that it has appointed Arthur S. Locke as its Senior Vice President and Chief Financial Officer, and appointed Didier Guibal as its Executive Vice President of Worldwide Sales. Locke replaces Doug Wride, who the firm said will remain as Chief Operating Officer of the firm at least through the end of 2009. The firm said that Wride will be handing off the rest of his operational responsibilities so (More info...)
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eSolar Adds $5MPasadena-based solar thermal power technology developer eSolar has expanded a recent funding round to $35M, according to a regulatory filing by the company today. The firm, which is using solar thermal power equipment to develop concentrating solar power plants, had raised $30M from Indian firm ACME Group back in March; according to the filing, it appears that the additional capital comes as an extension of the same funding deal. eSolar and ACME Group are in an deal to build 1,000 MW of solar po (More info...)
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Novatel Updates Mobile Hotspot ProductSan Diego-based Novatel Wireless said Tuesday that the firm has rolled out a version of the firm's mobile hotspot hardware, which works with North American carriers. The firm's hardware--which rolled out in Europe in June--allows cellular subscribers to create their own, mini WiFi hotspots with up to five connections. The new MiFi 2372 HSPA products supports HSPA, UMTS, EDGE and GPRS networks.
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aTyr Pharma Gets $12MSan Diego-based aTyr Pharma, which is developing biopharmaceuticals focused on inflammation, autoimmune, hematopoietic and metabolic disorders, disclosed Tuesday that it has raised $12M in an additional funding round. The firm said the funding came from existing investors, which include Alta Partners, Cardinal Partners, Polaris Ventures and Paul Schimmel. The funding comes on top of $12M from the same venture backers back in April of 2007.
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AudioMicro Expands Sound Effect LibraryLos Angeles-based AudioMicro.com, which operates an online marketplace for royalty-free music and sound effects, said Tuesday morning that it has added another 55,000 sound effects in a licensing deal with The Hollywood Edge. AudioMicro said that the sound effects also include material from Soundelux. Both The Hollywood Edge and Soundelux are owned by CSS Studios. Financial details of the licensing agreement were not disclosed. AudioMicro is looking to establish a market for "stock audio", simil (More info...)
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Coda Automotive Raises $24MSanta Monica-based Coda Automotive, the electrical vehicle firm developing hybrid and electric vehicles, has racked up $24M in a Series B investment round from a number of high profile investors, the firm said today. Coda said the funding round include clean technology investor Angeleno Group; Henry M. Paulson, the former U.S. Secretary of the Treasury; Thomas "Mack" McLarty, former Chief of Staff for President Bill Clinton; John Bryson, former Chairman and CEO of Edison International; Thomas F. (More info...)
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Qualcomm, Verizon In Joint VentureSan Diego-based Qualcomm and telecom provider Verizon Wireless are in a deal around wireless communications for smart devices, the two said today. According to the two, they will work on machine-to-machine wireless communications offerings through a yet-to-be-named joint venture. The two will be equal owners in the new company, which will connect devices in the healthcare, manufacturing, utilities, distribution, and consumer products area via wireless networks. The firm specifically highlighted (More info...)
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Kofax Gets $200K WinIrvine-based Kofax, a developer of document capture systems, announced today that it has won a $200,000 contract from a shipping container firm. Kofax did not disclose the name of the customer, but said the customer, one of the five largest container shipping companies, will use the firm's software to capture, extract, and process invoices send to the firm.
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Local.com Snags CTO From Martha StewartIrvine-based Local.com, a developer of local search sites and business directories, has hired on a new Chief Technology Officer, Michael Plonski. The firm said that it snagged Plonski from Martha Stewart Living Omnimedia, where he was SVP/Chief Information Officer & Chief Operating Officer, Digital. Plonski has also served at Tribune Company, serving as an exec at Tribune Information Systems and Tribune Interactive. Local.com operates a network of private label, local search sites for finding lo (More info...)
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CaseStack Hits Shipping MilestoneSanta Monica-based CaseStack, a provider of third party logistics for manufacturers, reported Monday that the firm has fulfilled its one millionth order. The firm, which just hit its 10-year anniversary, is headed by Dan Sanker. CaseStack provides outsourced, supply chain management for manufacturers, handling shipping and logistics for consumer product goods. CaseStack said that, because of the poor economic conditions, the firm is actually seeing growth, with the company adding over 18 people (More info...)
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Central Desktop Adds Greathouse To BoardPasadena-based Central Desktop, which operates an online team project management service, said today that it has added John Greathouse to the firm's board of directors. Greathouse is a venture partner at Rincon Venture Partners, a faculty member at UC Santa Barbara, and has also previously served as an executive at Citrix Online, Callwave, and Computer Motion. Privately held Central Desktop's software-as-a-service offers project management and other web-centric, collaboration tools for teams.
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