Tuesday, August 11, 2015PatientSafe Solutions Names CFOSan Diego-based PatientSafe Solutions, which develops mobile healthcare software, said Tuesday that it has named Balaji Sekar as its Chief Financial OFficer. Sekar was most recently interim CFO for Sutherland Global Services, ahd had worked as CFO of Sutherland Healthcare Solutions. PatientSafe is venture backed by TELUS Ventures.
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Tech Coast Angels See 42x Return At MindBodyThe Tech Coast Angels, Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody, the developer of cloud-based business management software for the wellness industry. MindBody had its IPO in May. TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment. Although TCA members saw an excellent return on investment in MindBody, the 42x return still does not trump the 100x return the TCA's members (More info...)
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Coding Dojo Expands To BurbankCoding Dojo, the operator of a coding bootcamp program, says it has opened up a location in Los Angeles, in Burbank. The company--which offers up a 14-week development program to teach students coding skills--says its location in Los Angeles is the third for the company. Coding Dojo also has locations in Seattle and Silicon Valley. Coding Dojo said it specifically set up shop in Los Angeles, because of its growing tech sector. The company's CEO, Richard Wang, said that the company sees that Los (More info...)
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FindTheBest Becomes Graphiq, Shifts Into Visualization ToolsSanta Barbara-based FindTheBest, which got its start offering up lists and ways to compare the merits of a myriad of different things (products, colleges, you name it), has rebranded itself as Graphiq, and has refocused on the visual tools behind FindTheBest's original service. The startup--led by technology veteran Kevin O'Connor (who founded DoubleClick)--now is offering up its visualizations of data to web publishers. Those visualizations include everything from interactive maps of foreclosed (More info...)
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Insteon Ships Software With Toshiba LaptopsIrvine-based home automation and control software and device maker Insteon announced today that its software will ship with all of Toshiba's new laptops, by the end of the month. According to Insteon, the deal allows Toshiba customers to control the company's Insteon Hub out of the box. The deal covers Toshiba's consumer laptops running Windows 10. Insteon develops software and a device that lets users control smart home devices, such as lights, alarms, and connected thermostats.
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DexCom, Google Team On Diabetes ManagementSa Diego-based continuous glucose monitoring device developer DexCom, and the life sciences team at Google, said this morning that the two have partnered together to jointly develop products for diabetes management. According to the two, they will jointly develop a series of products, which incorporate Google's miniaturized electronics with DexCom's glucose sensors. Financial details of the deal were not announced. The companies said they will initially focus on developing the cost and size of c (More info...)
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Broadcom, Avago Clear Hart Scott Rodino HurdleIrvine-based Broadcom and fellow semiconductor developer Avago Technologies Limited said this morning that they have passed the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The companies said the expiration of the HSR Act waiting period satisfies one of the conditions of the proposed acquisition of Broadcom by Avago, which was announced in May. Avago said it would pay $37 billion for Broadcom in the acquisition deal.
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