Tuesday, September 6, 2011Websense Loses CFOSan Diego-based Websense, the developer of web security software, said late Tuesday that CFO Arthur S. Locke II has resigned, and has been replaced by Michael A. Newman. According to the company, Locke resigned to return to Virginia with his family, and the resignation was not related to the company's past or projected financial performance, accounting policies, or regulatory filings. Newman has been at Websense since 2002, and serves as Chief Administrative Officer, General Counsel, and Corpora (More info...)
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Mogreet Raises $2.0M MoreVenice, California-based Mogreet, the mobile marketing firm headed by James Citron, has raised $2.0M in an ongoing funding round, according to a regulatory filing by the firm today. According to the filing, the new equity funding has a target of $3.0M. No details on the funding have yet been announced by the company. Mogreet's investors include Ascend Venture Group, Black Diamond Ventures, DFJ Frontier, and Spyglass Ventures. Mogreet uses Mobile Messaging Service (MMS), SMS, QR codes, and more i (More info...)
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LightPointe Wireless Expands In EuropeSan Diego-based LightPointe Wireless, a developer free-space optical networking equipment, said Tuesday that it has expanded in Europe, and opened up a new office in France. The firm said it has hired Patrick Cardon as Director of Sales for Southern Europe as part of the expansion. Cardon was previously at MRV Communications. LightPointe is owned by Berg & Berg Enterprises, which acquired the company in 2006. LightPointe had originally been venture backed, and was acquired after a Chaper 11 bank (More info...)
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Make It Work In Win With Costco WarehousesSanta Barbara-based Make It Work, the provider of in-home and on-site technical support and services headed by Eric Greenspan, said today that it has inked a deal to offer up its services for sale at Costco Wholesale Corporation locations in Southern California. According to the firm, it is in an initial pilot rollout within 20 Southern California Costco locations, in Los Angeles, Orange, Ventura and Santa Barbara Counties. Financial impact of the win was not disclosed, however, Make It Work sai (More info...)
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MeFeedia Hits iPhone, AndroidBurbank-based MeFeedia, the online video guide site headed by Frank Sinton, said today that it has launched both iPhone and Android apps. The firm said the new apps allow users to find favorite videos, linking to such sources as YouTube, Dailymotion, and Vimeo. The new apps run on the iPhone and iPod Touch, and the Android. All of the apps are free.
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MSC Software Buys Simulation Software FirmSanta ana-based MSC Software, the developer of simulation software, said today that it has acquired Free Field Technologies (FFT), a developer of acoustic modeling software. Financial terms of the buy were not disclosed. MSC Software said that the acquisition will help it provide acoustic and NVH solutions to its customers. The technology developed by Free Field Technologies is used for modeling acoustics and vibration in the automotive, aerospace, and other industries. FFT was based in Mont-Sai (More info...)
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Edmunds.com Bolsters Content With Technology GuideSanta Monica-based Edmunds.com, the online car information site, said this morning that it has bolstered the content on its site, by launching a new online guide to shopping for in-car technology. The firm said the new "Car Technology 101" section features articles on electronic infotainment, including features such as Bluetooth, in-dash navigation, and music integration systems. The company said the new section is aimed at helping consumers better understand the basic features of those systems, (More info...)
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Patrick Soon-Shiong Launches Technology IncubatorBillionaire entrepreneur Patrick Soon-Shiong, the founder of Abraxis BioScience, announced today that he has launched a new company focused on "bringing the digital revolution" to healthcare, education, science, and the justice system. Soon-Shiong said the new firm, NantWorks, LLC, will combine several technology businesses into one company, with technology across the areas of semiconductor chips, switches and encryption technologies, augmented reality, novel object and voice recognition technol (More info...)
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Interview with Ryan Eberhard, PointHub
Last month, Santa Monica-based PointHub (www.pointhub.com) announced a new, online service aimed at helping travelers better use their mileage and loyalty points. Ryan Eberhard is the co-founder of PointHub, who we spoke to about what the startup is up to, and to get a more in-depth idea of what the company is about.
What is PointHub?
Ryan Eberhard: We describe it as a loyalty program shopping and management website. The idea behind PointHub, is that it simplifies reward point management (More info...)
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Morphlabs Raises $5MManhattan Beach-based Morphlabs, the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round. According to Morphlabs, the round was led by Japanese strategic partner BBT, as well as a private, Indonesia-based investor group. The firm said the funding will go toward deployment in the ASEAN and North American area. Morphlabs develops products used to manage the deployment of cloud-based infrastructure. The firm's (More info...)
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Daylight Solutions Gets $15MSan Diego-based Daylight Solutions, a developer of high-power, laser systems for the defense and homeland security market, said this morning that it has raised $15M in a Series C funding round. The round was led by Northrop Grumman Corporation, and also included several of its existing investors. The company did not say which of its existing investors participated. Daylight Solutions said the funding will go towards growth and advancing its technology and product offerings. Daylight Solutions is (More info...)
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Qualcomm Names European ExecSan Diego-based Qualcomm has appointed a new European exec saying today that Dr. Anastassia Lauterbach is the firm's new Senior Vice President of Global Business Operations in Europe. Qualcomm said Dr. Lauterbach will oversee the company's business interests across the continent. Lauterbach was most recently at Deutsche Telekom, and has also served at T-Mobile, Daimler, McKinsey, and Munich Reinsurance Company.
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Conexant Names New CFONewport Beach-based Conexant Systems said this morning that it has named a new Chief Financial Officer. The maker of semiconductors said that it has named Carl Mills to the position, overseeing the firm's finance and administration activities. Mills has served at SiPort, UPEC, Teknovus, QuickLogic Corporation, AltoWeb, and WaferScale Integration, among other companies.
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Uptake Medical Hires European GMTustin-based Uptake Medical, the developer of a minimally invasive treatment for severe emphysema, announced today that it has named Lloyd Mencinger as its European General Manager. Mencinger most recently served at Tenent Healthcare, and also has served at Boston Scientific, Baxter, and American Hospital Supply. Uptake Medical said Mencinger spend more than 10 years living in the EU while at Boston Scientific.
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