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Solekai Systems Names Marco Thompson As CTO

socalTECH

San Diego-based Solekai Systems , a software development firm focused on the smart grid industry, said today that it has named Marco Thompson as its Chief Technology Officer. Thompson was most recently CTO at Wind River Services, is Vice Chairman of CONNECT, and is Managing Partner at venture firm Express Ventures.

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CyberFlow Analytics Raises $2M For Cyber Security Efforts

socalTECH

San Diego-based CyberFlow Analytics has raised $2M in a seed round of funding, to go towards its software for protecting corporate IP from corporate espionage and malware. CyberFlow, which is headed by Dr. Hossein Eslambolchi--former Chief Technology Officer of AT&T--said the new round brings its total raised to $2.6M.

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Encodia Gets $75M In Series C

socalTECH

San Diego-based Encodia, a biotech company which is focused on proteomics research, has raised $75M in a Series C funding round, the company said this week. As part of the funding, Sharon Kedar of Northpond and Dr. Andrew ElBardissi of Deerfield Management have joined the company's board of directors.

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Certona Scores $30M In Growth Funding

socalTECH

San Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The company is led by CEO and co-founder Meyar Sheik; the company's co-founder and CTO is Geoffrey Hueter. READ MORE>>.

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Novatel Wireless Shuffles Executives

socalTECH

San Diego-based Novatel Wireless announced a major, executive shakeup late Friday, saying that it has named Alex Mashinsky Interim Chief Executive Officer, and has launched a search for a new CEO. In addition, the company said it has promoted Slim Soussi, CTO of the company, to President and Chief Operating Officer.

San Diego 147
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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

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. Elbaz sold Applied Semantics to Google in 2003, for pre-IPO stock, reaping first round investors more than a 100x return on their investment.

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Cybersecurity Startup MedCrypt Gets $750K to Defend Health Devices

Xconomy

MedCrypt, a healthtech cybersecurity startup founded near San Diego, has raised $750,000 in a seed financing round led by Safeguard Scientifics (NYSE: SFE ), a private equity fund in suburban Philadelphia that invests in healthcare, fintech, and digital media. 25 that it had uncovered “troubling cybersecurity flaws” in St.