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Ciphrex Gets $500K For Bitcoin Wallet

socalTECH

San Diego-based Ciphrex announced this morning that it has raised $500,000 in a Series A round, for the company''s Bitcoin wallet software. software crytocurrency currency capital venture wallet bitcoin ciphrex' The company said the funds will go towards advancing, promoting, and expanding its line of products. READ MORE>>.

San Diego 100
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SweetLabs Snags $13M

socalTECH

San Diego-based SweetLabs , the company headed by Darrius Thompson, and which runs both the OpenCandy advertising network and the desktop Pokki app platform, said today that it has raised $13M in a Series C funding round. According to the company, the new funding goes towards growing Pokki, the desktop app platform it launched in June.

San Diego 140
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Nirvanix Adds Nasuni

socalTECH

San Diego-based cloud storage provider Nirvanix has added a new customer of the firm's storage service, Nasuni , a Massachusetts startup providing virtual file server software. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund. READ MORE>>.

Windward 145
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Interview with Kanaan Jemili, uCast Global

socalTECH

San Diego-based uCast Global (www.ucastglobal.com), backed by Gary Winnick, is looking to tackle that entire area of content distribution, and is led by startup veteran Dr. Kanaan Jemili. In 2004 and 2005, I was at DivX in San Diego, and I was head of product there. Number six are publishers. I have a Ph.D.

Content 113
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Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec.