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IPO Drought Leading VCs Abroad

  By: Mark Boslet  The U.S. market for venture-backed IPOs is in the dumps, and Charles Lax is more than a little impatient. The managing general partner at GrandBanks Capital is so at a loss he is discussing launching initial public offerings with three promising startups on the London Stock Exchange’s Aim market. Within the next 12 months, he expects one of these portfolio companies will have floated an issue outside the United States. “Nasdaq is dead,” declares Lax, who declines to name the technology Continue reading →

Ember ships EmberZNet 2.0 ZigBee software

Ember Corporation today announced EmberZNet(TM) 2.0, its ZigBee networking software, is now shipping. EmberZNet is a second-generation ZigBee protocol stack (as well as being Ember’s fifth-generation mesh networking stack) designed for self-organizing, self-healing wireless networks using a variety of network topologies, including mesh, star, and cluster tree. It provides all the standards-based benefits inherent in the ZigBee specification, including high reliability, high security, broad interoperability, low cost, long battery life, and integrated network management. But beyond these standard benefits, EmberZNet 2.0 extends ZigBee functionality, simplicity Continue reading →

Enpocket Names Mike Baker Chief Executive Officer

Enpocket (www.enpocket.com), a global mobile media company, today announced that Enpocket’s President and COO Mike Baker has been named CEO.  Peter Larsen, previously CEO, has resigned his position as an officer and director of the company to pursue other interests.  Jonathan Ebinger, a member of Enpocket’s Board of Directors and Partner at Bluerun Ventures said, “We are very confident in the decision to appoint Mike as CEO. He has successfully led the US business and global operations, and has the energy and experience to drive Continue reading →

Cities Hustle for WiFi Access

If you’re going to San Francisco, be sure to bring a laptop. The Californian city of hills and trolleys wants wireless access for all. And a host of bidders have lined up to turn the city and surrounding San Francisco county into a WiFi hotbed. San Francisco mayor Gavin Newsom currently has 26 offers on his desk, from companies including Earthlink Inc., Cingular Wireless and the powerful online search engine Google Inc. San Francisco is not the only metro area rolling out free web access Continue reading →

Coradiant Elects Miramar VenturesÂ’ Rick Fink

Coradiant, Inc.™, a leader in real-user monitoring equipment for data center applications, today announced that Rick Fink, a co-founding partner with Miramar Venture Partners, has been appointed to the company’s board of directors. Fink’s appointment is effective immediately, bringing Coradiant’s board membership to six directors. “Rick brings impressive background to Coradiant, and has worked with emerging companies in all areas of technology,” said Brett Helm, Coradiant chairman and chief executive officer. “We welcome Rick’s deep experience with new and dynamic markets as we continue to Continue reading →