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Guidance Software Promotes VP

socalTECH

Pasadena-based Guidance Software , the developer off e-discovery and forensic software, said this morning that it has named Chad McManamy as its new Vice President of E-Discovery and Assistant General Counsel. McManamy has been Senior Counsel and Assistant General Counsel at Guidance Software since 2009. READ MORE>>.

Software 100
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MindBody Raises $50M

socalTECH

The company--which develops software-as-a-service which helps local businesses manage scheduling, staff management, point of sale, ecommerce, marketing, and more--said the funding came from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners. READ MORE>>.

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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

socalTECH

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Cleantech had an enormous rise and fall between 20006 and 2009. Lots has changed since 2009.

Invest 113
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New Matter Gets $6.5M For 3D Printing

socalTECH

Pasadena-based New Matter , which is developing consumer focused, 3D printers, said today that it has raised $6.5M New Matter said the funding will go towards accelerating product development efforts. in a Series A funding round. New Matter said it is on the brink of shipping its 3D printer, the MOD-t, this spring. READ MORE>>.

Idealab 100
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Genmark Diagnostics Files For IPO

socalTECH

Pasadena-based Genmark Diagnostics , a developer of a diagnostic biomarker detection system, has filed for an IPO, saying it is looking to raised up to $46.0M in an IPO on the NASDAQ Global Market. The firm reported revenues of $998K in 2009, and a loss of $19.9M The firm said it is looking to trade as GNMK. READ MORE>>.

Pasadena 140
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Central Desktop Sees Growth, Targets 50 Employees By Year End

socalTECH

Pasadena-based Central Desktop , a provider of online, software-as-a-service project management tools and applications, is in the midst of a growth spurt, says CEO Isaac Garcia. Garcia said the company is looking for employees across sales, marketing, support, client services and development. READ MORE>>.

SoCalTech 160
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Cogent In $943M Acquisition By 3M

socalTECH

Pasadena-based Cogent , the developer of fingerprint and other biometric readers, is being acquired by 3M , the two companies announced today. The firms said the deal would help Cogent accelerate its growth and reach in the market. The firms said the deal would help Cogent accelerate its growth and reach in the market.