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UNX Gets Funding, Names CEO

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and Vernon & Park Capital, along with un-named, current investors. Kim was most recently Managing Director at Lehman Brothers and had of the Townsend Analytics trading services business. The funding came from Goldman, Sachs & Co. Along with the funding, the firm said it has appointed Thomas Kim as Chief Executive Officer.

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XCast Labs Signs Two Customers

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Los Angeles-based XCast Labs , which provides voice-over-IP software for cable and telecom companies, disclosed two wins this morning, saying that it is providing services to S. SBC offers cable television, high speed internet, and VoIP services to customers in Mt. Bryer Communications and Florida Cable as customers.

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