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Trovata.io Names New Executives

socalTECH

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. The company said it has named Joseph Drambarean as Chief Technology Officer and Dave McCutcheon as Vice President Sales.

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Confident Technologies Launches Web Application Security Tools

socalTECH

San Diego-based Confident Technologies , a new startup led by former Websense President Curtis Staker, said today that it has launched a firm focused on developing image-based authentication and verification technology for web applications. Staker was most recently CEO at GFI Software, a firm located in Malta.

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Transaction Wireless Scores $2.25M

socalTECH

San Diego-based Transaction Wireless announced this morning that it has raised $2.25M in a Series A funding. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards. The funding came from Mission Ventures and Okapi Ventures.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. Confident Technologies / Curtis Staker / San Diego - Staker is the former President of Websense, and has pulled together an experienced team with a depth of experience from the firm.

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With $30M Infusion, Certona Aims for Bigger Share of Digital Retail

Xconomy

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. Certona uses the data to offer shoppers personalized options based on “real-time profiling.”.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Investors: Matrix (Dana Stadler, who was the CTO of PayPal). The investment will be used for product development initiatives. Jeremy Liew, a respected VC from LightSpeed, obviously saw the change to ramp up sales. 15mm in Series A. Read more: TechCrunch. It’s a hot but still relatively nascent market area. OpenCandy.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. Another called Parker Harris, the co-founder and CTO. I had planned a balance of large companies and SMB/divisional sales but have changed my thinking. My blog was wiped out.