Friday, November 7, 2014


Central Desktop Acquired By PGi
Pasadena-baesd Central Desktop, the developer of cloud-based collaboration and project management software, has become part of Atlanta-based PGi (Premier Global Services), a provider of collaboration software and services. The transaction occurred in October. Central Desktop was led by Isaac Garcia. PGi said that Central Desktop has a current projected annual revenue run rate of approximately $9M. Financial details of the deal were not announced by the companies.
posted on Friday, November 7, 2014(Full story)

Announcing the 2014 socalTECH 50: Southern California's Ones To Watch
This is our second year of creating our list of the top 50 people to watch in Southern California's technology industry, and it was NOT an easy task. As we found last year, it's a tough, unforgiving task to narrow down a list of the folks in Southern California's technology industry to just fifty to watch. There were many, many people who are not on the list who indeed deserve to be on this list -- in fact, we had so many names from readers and our nominating committee, we were forced int (More info...)
posted on Friday, November 7, 2014(Full story)

Orange County Investor Commits $1M To Early Stage Startups
Jason Thanh La, the co-founder and CEO of payment processing company Merchant Services Group, said this week that he has committed to personally fund $1M to early stage companies in Southern California. La said he is specifically seeking early stage companies who are developing better payment processing technology. La said he is looking at payment processing, data analytics, and mobile payments companies. In addition to founding Merchant Service Group, La said he is Limited Partner at Crosscut V (More info...)
posted on Friday, November 7, 2014(Full story)

Ice Enegy Wins Contracts From SCE
Santa Barbara-based energy storage developer Ice Energy said late Thursday that it has been awarded sixteen contracts from Southern California Edison, providing 25.6 megawatts of energy storage. Size of those contracts were not announced by the company. Ice Energy said its systems are being used to reduce power consumption during peak periods. Ice Energy's equipment works in conjunction with air conditioning units, attaching to standard 5 to 20 ton commercial AC unit, freezing ice at night when (More info...)
posted on Friday, November 7, 2014(Full story)

Boingo Reports Major Military Deployment
Los Angeles-based Wi-Fi and small cell provider Boingo Wireless said today that it has completed the single, largest deployment in the company's history with the U.S. military, and is now providing high speed Internet services covering more than 100,000 beds across 21 United States Marine Corps, United States Air Force and United States Army bases worldwide. Boingo said it installed more than 25,000 access points across more than 500 buildings in the deployment, using approximately 400 miles of (More info...)
posted on Friday, November 7, 2014(Full story)

Guidance Software Replaces CEO
Pasadena-based Guidance Software, which develops computers forensics analysis software, said late Thursday that CEO Victor Limongelli, its president and CEO, has departed the company, and also resigned as a member of the company's board. Guidance Software said that Barry Plaga, the company's CFO, has been appointed interim CEO of the company. The reason for the move was not given. Guidance Software said it has kicked off a formal search process for a new CEO.
posted on Friday, November 7, 2014(Full story)