Thursday, September 9, 2010Myricom Names New CEOArcadia-based Myricom, a developer of high speed networking interconnect hardware used for high performance computing (HPC), said this week that it has named Nanette (Nan) Boden as its President and CEO. According to Myricom, Boden has been at Myricom since 1994, when the firm was founded. She has been a member of the firm's board since 2001, when she was appointed CFO. Myricom--which is a spinout of Caltech--said it is now developing 10 Gigabit Ethernet network interface cards (NICs), which tak (More info...)
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SpaceX Targets European Satellite MarketHawthorne-based SpaceX, the commercial rocket firm headed by Elon Musk and backed by the Founders Fund and Draper Fisher Jurvetson, said today that it has inked a deal with Astrium to provide dedicated launch serviecs to the European institutional small satellite market. According to SpaceX and Astrium, Astrium will work with SpaceX to market the Falcon 1 launch capabilities to space agencies and other customers in Europe, for launches starting in 2015. Financial details of the deal between Spac (More info...)
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LA Times Vets Launch Ebyline, Gain Angel FundingLos Angeles-based Ebyline said today that it has launched a new online marketplace targeted at news publishers and professional journalists, which helps publishers manage freelance writers. The firm said it is backed by un-named Los Angeles angel investors, and was founded by former Los Angeles Times journalists. Amount of the funding was not announced. The company said that its platform is "for professional journalists only", and that it requires that freelancers have a track record in order to (More info...)
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Anametrix Funding Worth $1.15MSan Diego-based Anametrix, a developer of cloud-based business analytics software, revealed this week via a regulatory filing that its recently announced round was worth $1.15M, part of a $2.3M fundraising effort by the company. The firm had earlier announced the funding, saying that it had added Michael Robertson, Fred Bourgeois, Neil Senturia, Eric Otterson, Gavin Mandelbaum and Laurent Asscher to its advisory board. Anametrix had announced the funding on August 18th, but had not released the (More info...)
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AeroVironment Plans Fall Rollout Of Home EV Charging StationsMonrovia-based AeroVironment said this morning that it is scheduled to begin installing its home, electric vehicle (EV) charging stations this fall, after receiving Underwriters Laboratories listing on its products. The firm said its network of certified installers have begun home assessments in preparing for charging stations for an un-named major auto manufacturer, and expects those stations to be installed in the fall. Aerovironment has a long history of involvement in the electric vehicle in (More info...)
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Sentinel IC Technologies Expands Into EuropeLaguna Beach-based Sentinel IC Technologies, a firm which provides semiconductor design services for the analog, mixed-signal, RF, and power semiconductor markets, said this morning that it has opened up a new office Delemont, Switzerland. According to the company, the new European Technology Center, located just outside of Basel, will help the firm better service its European customers. The company said the new office is its first expansion outside of the U.S. Sentinel said its products and ser (More info...)
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Insights and Opinions: Consolidation As Industry EvolutionFor today's Insights and Opinions, piece, where we feature interesting comments, insights, opinions, and advice from the local community, we have a post from Megan Jones, of Hadley Partners. Jones talks about the history of industry consolidation, and why it is a natural part of the evolution of industries.
All the lessons of history in four sentences: Whom the gods would destroy, they first make mad with power. The mills of God grind slowly, but they grind exceedingly small. The bee fertil (More info...)
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VMIX Raises $2.5MSan Diego-based VMIX, a provider of online video publishing tools, announced today that it has raised $2.5M in a Series C funding round. Source of the new funding was not disclosed. According to VMIX, the new funding will go towards the firm's expansion into more markets, including Europe and Asia. The new round of funding brings the company's total raised to $26M. VMIX develops software used by companies to publish and host online videos.
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