Wpisy z May 2nd, 2008
Calabasas-based Fulcrum Microsystems, a developer of high speed switching semiconductors, has raised $29.9M in a Series E round of funding. The round brings the company’s total to $102.0M raised by the company. According to a spokesperson for the firm, the funding came from Granite Ventures, Infinity Capital, New Enterprise Associates, and Palomar Ventures. The round closed on April 28th. Fulcrum Micro’s technology is based on technology developed at Caltech.
Continue Reading Skomentuj May 2nd, 2008
San Diego-based Anonymizer, which develops software and services for anonymous web surfing, has been acquired by Abraxas, a provider of technology for the federal government and national security. Financial terms of the deal were not disclosed. According to Abraxas, Lance Cottrell, founder and CTO of Anonymizer, will become Chief Scientist for the firm. Anonymizer’s software allows users to surf the Internet without giving up personal information or details of user browsers, IP addresses, or location, in addition to screening for spyware and spam. In addition, the firm provides services to the government to mask the source of Internet queries; the firm says that its services are used by government agencies to mask undercover investigations, counter intelligence, and for information assurance and cyber security.
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Newport Beach-based TriZetto Group, a provider of health benefit administration technology and software, said Friday that its CFO, Bob Barbieri, has left the company. According to TriZetto, Barbieri left for unspecified personal reasons. TriZetto said the move was “not a result of any disagreement with the company.” The firm has launched a search for a new CFO; Carl Long, the firm’s corporate controller, has been appointed principal accounting officer.
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Aliso Viejo-based Valeant Pharmaceuticals, a specialty pharmaceutical company with products in the neurology, infectious disease, and dermatology markets, announced Friday that it has cut 130 people in the U.S. and Mexico. The firm said that it also plans to reduce approximately 1,250 positions at the firm as it plans to divest its European subsidiaries. Valeant had approximately 3,000 employees prior to the cuts. The firm said the cuts were made as the “first step” in its plan to right size the company.
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