Accruent Acquired By Genstar Capital

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Accruent , the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. Accruent was venture backed by Constellation Ventures, FirstMark Capital, GGV Capital, Innocal, Marcus & Millichap, Peninsula Equity Partners, Red Rock Ventures, Sierra Ventures, and Stanford University. accruent genstar capital merger acquisition private equity software developer

Mojix Names CTO

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Los Angeles-based Mojix , a developer of RFID technology, said today that it has promoted Dr. Christopher R. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital.

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Nexiant Plans Major Upgrade

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Lake Forest-based Nexiant , the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release. Nexiant is venture backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures.

The Corrosive Nature of Over-Introducers

Both Sides of the Table

I find the over-introducers especially corrosive around first-time founders who often struggle with the balance of their time between tasks like building product versus tasks like speaking at conferences or meeting with potential business development partners.

What you can’t ask in an employee interview

Berkonomics

Based on the military family background, John innocently asked about Sally’s birthplace simply out of curiosity.

Avoid the recruiting boomerang.

Berkonomics

You should be clear from the start that no one at your company may offer a job to any current employee of a stakeholder – a customer, a partner in development or in distribution, or of a supplier. It has happened to all of us who have been leaders in business long enough.

Mojix Signs Middle Eastern Reseller

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Los Angeles-based Mojix , the developer of radio frequency identification (RFID) technology, said over the weekend that it has signed a partnership with a reseller to provide its products in the Middle East.

Nexiant Adds Board Member

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Lake Forest-based Nexiant , a developer of materials management software tools, announced this morning that it has named Michael Aghajanian to its board. The firm is backed by Argentum Group, Forrest Binkley & Brown, Innocal, Inverness Capital Partners, Mission Ventures, and Omnicell. Aghajanian was most recently CEO of supply chain firm PRTM, and also was founder of The Performance Measurement Group. Nexiant said that Aghajanian has over 25 years of experience in the field.

Mojix Names Services VP

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Los Angeles-based Mojix , which develops RFID technology based on research out of JPL/NASA, said Monday afternoon that the firm has named Samuel Levy as Sr. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital.

Mojix In Japanese Distribution Deal With IBM Japan

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Los Angeles-based Mojix , a developer of RFID readers, reported earlier this week that it has inked a distribution agreement with IBM in Japan. The firm is backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital.

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Aktino Acquired By Canadian Firm

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Irvine-based Aktino , a developer of hardware for the telecom industry, has been acquired by a Canadian firm, Positron, Inc. Aktino develops carrier class, MIMO over Discrete Multitone (DMT) technology, which is used for Ethernet and DS3 over copper. Aktino has previously raised funding from Crosspoint Venture Partners, Foundation Capital, Huntington Ventures, Innocal, J.F.

SynergEyes Sees $13.3M

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Carlsbad-based SynergEyes , a developer of hybrid contact lenses, announced Friday that the firm has raised $13.3M SynergEyes said that the round was led by De Novo Ventures, and also included Bio-Star Private Equity Fund along with prior investors Alloy Ventures, Delphi Ventures, InnoCal Venture Capital and Windward Ventures. SynergEyes is developing a new contact lens which is expected to provide clearer vision in a soft lens.

Mojix Ships Software, Inks Deal With Integrator

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Los Angeles-based Mojix , a venture backed developer of RFID technology, said this morning that it has released a new, software product targeted at RFID asset and process management. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital.

Mojix Expands RFID Line

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Mojix develops hardware used to extend the reach of current RFID systems, and is venture backed by Oak Investment Partners, Red Rock Ventures, and InnoCal Venture Capital. Los Angeles-based Mojix has expanded the firm's RFID products, the firm said this week.

Choose Your VC Investor Carefully

Both Sides of the Table

Many years ago I worked at Andersen Consulting, originally developing software for large corporations and then as a strategy consultant. At my first company, which was based in London, we decided to set up a development facility in India.

Interview with Greg Siegel, VidMe

socalTECH

Applied Minds is the stealthy research and development outfit backed by Kleiner Perkins and also based in Glendale. It's a lot more contextual, and something as innocent as making a comment that you're not happy with your job at the moment can be an issue.

Interview with Dr. Ramin Sadr, Mojix

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Ramin Sadr is CEO of Los Angeles-based Mojix (www.mojix.com), a firm which is taking experience originally garnered by the firm's technology team in developing -- of all things -- deep space probes for NASA, and has been applying that to the RFID market.