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Costa Mesa-based Emulex , the developer of high speed networking equipment, said yesterday that it has joined the OpenPOWER foundation, the industry group which supports IBM''s POWER hardware and software stack. The company said it joined the group as a preparation for transition to Gen 5 Fibre Channel and 40GB Ethernet.
San Diego-based Nirvanix , the provider of cloud storage services, has inked a deal with IBM , where IBM will use Nirvanix cloud storage technology as part of IBM's SmartCloud Enterprise storage services. Financial details of the licensing deal were not disclosed. READ MORE>>.
Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. in Los Angeles. “That worldwide reach is very important,” Grignon said.
This morning we heard from Jamie Montgomery, CEO of the venerable Montgomery & Co investment bank who is at the heart of what is going on in M&A for venture backed companies. I have to admit that I was greatly encouraged by Jamie’s outlook for venture backed companies, which if true will be a welcome relief for our industry.
Los Angeles-based NantBiosciences , one of the group of companies created by billionaire entrepreneur Patrick Soon-Shiong, has raised $100M in San Diego-based Tealium , the developer of enterprise "tag" management software led by Jeff Lunsford, said today that it has connected its software into IBM Commerce. READ MORE>>.
a company that is developing smart glass technology, said this morning that it has acquired 10 patents from IBM Corporation. Los Angeles-based Crown Electrokinetics Corp., Financial details of the patent acquisition were not announced.
What I didn''t discuss was how you should go about selecting the right company. I just got an email asking about exactly this: I''m with a new company that needs some software built, but doesn''t need (or have the resources for) a large staff of software developers. I (and TechEmpower ) have worked with IBM, HP, Xerox, etc.
Irvine-based storage giant Western Digital and IBM said this morning that the two companies are in a patent acquisition and licensing deal, where WD will acquire more than 100 patent assets from IBM, and where the two will cross-license a number of patents. Financial details of the deal were not announced.
Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group , to IBM. RLH Equity is the private equity investment company founded by former Los Angeles Mayor Richard Riordan, outgoing USC Athletic Director Pat Haden, and Chris Lewis.
Way back in the early eighties, I was privileged to be part of the original IBM PC development team, led by Don Estridge. For example, even though we were leading an entrepreneurial effort within IBM, we found it a challenge to deal with the inbred mainframe culture, reverence for process, and accounting practices of a large company.
and also served at IBM and other companies. The firm's software runs across such social services as Facebook, Twitter, Google+, Tumblr, Pinterest and Instagram. Jon Siegal was previously a VP of Sales at Siebel Sytsems., READ MORE>>.
Los Angeles-based hosting provider Media Temple has been acquired by GoDaddy , the two companies announced Tuesday. According to GoDaddy, the two companies will continue to operate independently. Media Temple''s customers include Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM, Volkswagen, and many others. READ MORE>>.
The firm appears to be the company Damarillo told socalTECH in July which had just received venture funding. Damarillo is behind a number of successful firms based on open source, the most notable of which was Gluecode, which he sold to IBM in 2005. He's currently heading up Morphlabs , which shares the same address as MaestroDev.
The company's products now include a tool to track information relevant to municipal bond investors; high yield bonds, investment grade bonds; direct lending and syndicated debt, private placements, and more. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.
and also served at IBM and other companies. The firm's software runs across such social services as Facebook, Twitter, Google+, Tumblr, Pinterest and Instagram. Jon Siegal was previously a VP of Sales at Siebel Sytsems., READ MORE>>.
The new effort will be chaired by AOl's Steve Case, with funding from the Ewing Marion Kauffman Foundation, the Case Foundation, Intel Capital, and IBM. companies as part fo the partnership, and IBM said it will invest $150M in 2011 to fund programs promoting entrepreneurship and new business opportunities in the United States.
The honest truth is that I worked directly with him in the early days of Microsoft from my “safe” perch in big IBM, during the startup of the IBM PC. In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team.
In fact, even within Fortune 100 companies, almost 90 percent have encountered growth stalls or flirted with failure, or worse, in the last 50 years. No company can afford to lose the agility, flexibility, and innovation of a startup. Companies follow each other rather than the market. Morgan (chemical manufacturing).
The new company is headed by Ian Miller, and is backed by startup incubator Elevator Labs. The company said it already has a number of customers, including Cricket Wireless's Muve Music streaming service. Miller has previously served at such companies as IBM, Platform Computing, Cray Inc.,
San Diego-based cloud storage company Nirvanix has officially shut down its service, saying in a posting on its website that it is actively winding down its business, and is scrambling to transfer data on the cloud storage service to other providers.
CitySourced said the win came via a referral from IBM; the company said it how has nearly 50 cities worldwide in 7 countries using its technology. The app runs on iPhone, Android, Blackberry, and Windows Mobile. Financial details of the win were not disclosed. CitySourced is run by Jason Kiesel and Kurt Daradics. READ MORE>>.
The company said it has tapped Giri Fox, who has formerly served for companies such as Cisco, Apple and IBM, to head up its efforts in Australia. RightScale is a provider of software used to manage the configuration, monitoring, and other aspects of both private and public cloud computing. READ MORE>>.
I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. The honest truth is that I worked directly with him in the early days of Microsoft from my “safe” perch in big IBM, during the startup of the IBM PC. IBM learned a lot from Microsoft on this one.
Duncan joins the company from Joyent, where he was recently CTO, Worldwide Sales. Kojima was previously COO at ForceBrain.com, having also served at Kaltura, hiSoft Technology, IBM, and SugarCRM; and Moynihan was previously at FuseSource, having also served at IONA Technologies and IBM.
Our profile this morning is with Network Automation , a Los Angeles company competing in the IT automation market. Southern California--despite the lack of huge, name brand firms-- has a significant number of enterprise software companies, of which Network Automation is just one. You are self funded too, we recall.
San Diego-based Pathway Genomics has scored an investment from Google , the two said Wednesday, as part of an investment out of IBM''s Watson Group. According to the companies, the investment brings the total invested in Pathway Genomics to more than $80M in the last six years. Financial terms of the investment were not disclosed.
Series C funding from New Enterprise Associates (NEA), IBM--via its new "Watson Fund"--and Qualcomm Ventures, along with existing investors Emergence Capital Partners, InterWest Partners, Miramar Venture Partners and Okapi Venture Capital. Miramar and Okapi are prior investors in Welltok, having backed the company last year in its Series B.
Esri said that SpotOn provides interactive mapping software for IBM Cognos, IBM's business intelligence software. Esri's software is used for geographical information systems (GIS), which overlays information onto maps for governments, companies, and others. Financial terms of the buy were not disclosed. READ MORE>>.
Los Angeles-based fintech startup FastPay , which offers up faster access to advertising revenue for media companies, said this week that it has named Michael Wehner as its General Manager and Senior Vice President of Payments.
a game development firm that created titles for Activision, Interplay, and IBM. Doyle joins the company from Activision-Blizzard, where he was Chief of Staff to the CEO. Subar was most recently CTO at Oversee.net, and also has been at PeopleLink and Interthinx. Subar also had founded Interna Ltd.,
Wallin joins the company from Sanger Ventures, and also previously served at Jacent Technologies, Synapta, and IBM Global Services. Irvine-based Local.com announced this morning that it has expanded its executive staff, hiring Mark Wallin as its new Vice President, Product Development. READ MORE>>.
Lindsay was most recently VP of Engineering from Brand Affinity Technologies, and also had previously served at such companies as Adforce, Secured Funding Corp, eBuilt, Autobytel, and IBM. Local said that Lindsay will focus on mobile development and the company''s Krillion local shopping platform. READ MORE>>.
The company said it has shipped a 64GSPS ADC and DAC preliminary cores, which can be used for optical communications, radar and electronic warfare applications. Semtech is tapping IBM''s 32nm SOI technology for the cores. Those designs can be integrated into systems-on-a-chip (SoC) designs by designers.
So far, the story of IBM Watson Health has been mostly about growth and potential. The healthcare computing giant, now headquartered in Cambridge, MA , is unveiling a collaborative effort in medical imaging that includes partnerships with health systems, radiology providers, tech companies, and academic medical centers.
Burr also has previously served as CEO of WebVisible, as Chief Product Officer at LRN, and in positions at Jambo, Layer2 Networks, IMPACT Software, IBM, Vault Corporation, and other firms. The company said Burr will oversee sales and marketing.
Biggs joins the company from Blue Coat Systems, and also served at IBM. The company said that Biggs will lead its technology sales organization. Active Network sells its platform and services to endurance race events, marathons, sports leagues, parks and recreation departments, and many others.
SoftLayer--which was recently acquired by IBM--sells EdgeCast''s CDN services under a white label relationship with the company. Financial details of the deal were not disclosed. EdgeCast says its CDN services are being used by such customers as Hulu, Twitter, and Pinterest. READ MORE>>.
fundraising effort--have not been announced by the company. Solarflare just announced today that its adapters were selected and used as part of a multi-vendor benchmark test of 10GbE adapters with IBM. Details on the funding--part of an ongoing, $24.1M READ MORE>>.
Fatehi said the firm's software makes it easy for companies to plug their software into their existing applications, to transform them into software-as-a-service applications which can be run in the cloud.
She bought our first computer – an IBM XT with a 10MB hard drive – in order to do her books electronically. AWS helped lower the cost of starting a company by 90%. When I started my first company at 31 year’s old I had to raise at least $5 million. million to launch a SaaS software company and we took $2.5
Los Angeles-based TaskUs , which provides outsourced customer support and other back-end support for technology companies, said today that it has named Jarrod Johnson as Chief Customer Officer. Johnson was previously SVP of Sales at TaskUs, and will be based in the company's Dallas offices. Johnson also had served at ACS and IBM.
Lauer has has served at Sprint, Bell Atlantic, and IBM, and sits on the board of H&R Block. WD said Lauer has deep experience with large, multi-national public technology companies and consumer products markets. Lake Forest-based disk drive maker Western Digital Corp. Lauer was also EVP and COO of Qualcomm. READ MORE>>.
Things to know: mix of entrepreneurs, big tech company execs, service providers, media people, VCs, etc. It would be good to undertand size of companies. Make sure they know your name, your company and what you do. I highly recommend it to all companies. Don’t oversell or over market. Don’t.
The firm said that the new funding for the company was led by Syncom Venture Partners, and also included investors Barshop Ventures, Monitor Ventures, and Tudor Ventures. IVT serves clients such as Oracle, Rohm & Hass, IBM, and NEC particularly for corporate communications, investor relations, and training webcasts.
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