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LeisureLink Acquired By VacationRoost

socalTECH

LeisureLink was venture backed by Clearstone Venture Partners and Mission Ventures, and also had received a strategic investment from Wyndham Worldwide. According to VacationRoost, the combined vacation rental booking network of the companies is currently generating over $130M in annual vacation rental bookings.

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Networks In Motion Names VP

socalTECH

Irvine-based location-based services (LBS) firm Networks in Motion said this week that it has hired on a new Vice President of Engineering at the firm. Networks In Motion said that M. NIM said tha Hakam was senior director of product engineering at Kyocera, managing its global software engineering team.