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Report: XCOR's Customers Still Holding Out For Refunds

socalTECH

In a cautionary tale for early adopters, there are still hundreds of customers hoping to get their money back from Mojave-based XCOR Aerospace , after the company went bankrupt, according to a story from the LA Times this weekend. XCOR first received seed funding in 2005. READ MORE>>.

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MindTouch Picks Up $12M For Customer Self Service Software

socalTECH

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. MindTouch's software provides customer support search tools, product information, and more to end users. READ MORE>>.

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TeleSign Names Co-Founder To CEO Post

socalTECH

Los Angeles-based TeleSign , which develops customer identification products, including two factor authentication and other related products, has named co-founder Ryan Disraeli as its CEO, the company said on Thursday. Disraeli co-founded TeleSign with Stacy Stubblefield and Darren Berkovitz in 2005. READ MORE>>.

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FastSpring Acquired By Accel-KKR

socalTECH

FastSpring was founded in 2005, and is led by CEO Chris Lueck. FastSpring had been backed by Los Angeles-based investment firm Pylon Capital, and counts such customers as Adobe and Microsoft. Financial details of the acquisition were not announced. FastSpring was advised by Raymond James in the deal. READ MORE>>.

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Takeda Unites San Diego Operations At New ‘Biotech-Style’ R&D Center

Xconomy

In 2005, Japan’s big drug firm Takeda acquired a company in North America for the first time. Now, 14 years and multiple other acquisitions of North America-based companies later, the company has moved its San Diego employees—many of them staff gained through those various deals—into a new, custom-built R&D center.

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Xirrus Acquired By Riverbed

socalTECH

The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005.

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Microsoft Buys Telesign Competitor

socalTECH

TeleSign, headed by Steve Jillings, has quietly grown into a major provider of those kinds of services to the top internet service providers; the company does not disclose its customers, but most users using two-factor phone authentication from major Internet services are doing so through white-labeled services from Telesign. READ MORE>>.

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