San Diego BizTech Roundup: News from Mingle, Qualcomm, & More
Some of San Diego’s biggest tech news last week came out of the mHealth Summit near Washington, D.C. But we’ve rounded up all the other tech news too.
—San Diego-based Mingle, an Internet holding company operating Climber.com and several affiliated businesses, said it acquired Sunnyvale, CA-based Affinity Circles to expand its job hunting and recruiting capabilities. Financial terms were not disclosed, although VentureWire pegged the deal at about $1 million. Mingle CEO Michael O’Brien told me he plans to hire another 20 to 30 employees in 2012.
—Did you notice anything different about Xconomy last week? Just in time for the holidays, we completed an extreme home-page makeover, the first in a series of changes that are intended to make Xconomy more convenient and usable. We also moved our Xconomy headquarters in Cambridge, MA. We’re interested in your feedback, so please send us a note via firstname.lastname@example.org. If any of this suggests that Xconomy is growing and extending its reach into the innovation community, we are!
—After launching its ViaSat-1 satellite in October, Carlsbad, CA-based ViaSat (NASDAQ: VSAT) has begun a different sort of countdown. ViaSat said last week that its satellite-based Internet service is expected to begin through Wildblue Communications before December ends. ViaSat-1 is the highest capacity communications satellite ever launched into space, and download speeds for households in Wildblue’s sparsely populated service areas are expected to range from 2 megabits per second to more than 10 megabits per second.
—During the mHealth Summit near Washington D.C. last week, San Diego’s Qualcomm (NASDAQ: QCOM) said it formed a new subsidiary, Qualcomm Life, established a $100 million wireless health investment fund, and launched 2net Platform, a platform for distributing data from the potpourri of wireless health sources. As part of its new platform, Qualcomm also introduced the 2net Hub, a product that plugs into a standard electric outlet and serves as a gateway to the technology-agnostic, cloud-based 2net Platform.
—Other news from the mHealth Summit: Aventyn, a private health IT company based in Carlsbad, CA, said it has partnered with Annapolis, MD-based Zephyr Technology in an international, multi-center clinical study testing mobile technologies for remotely monitoring heart failure. Aventyn said the companies are working together to use Zephyr’s heart monitoring technology, which uses an Android smartphone to transmit data, with Aventyn’s remote patient monitoring and chronic disease management system.
—Independa also had news from the 2011 mHealth Summit this week. The San Diego startup unveiled Artemis, a wireless technology platform used to connect to a variety of in-home sensors for the elderly. Independa said the technology is intended to help relatives and caregivers monitor the vital signs of independent seniors, as well as room temperature, smoke, flooding, and other safety factors.
—The San Diego-based Endeka Group, a wireless Internet services provider and managed services operator, said recently it arranged $4.2 million in venture debt financing through the Agility Lease Fund of Prescott, AZ, and Trinity Capital Investment of Los Angeles. The two privately held firms specialize in financing and consulting for the broadband industry. Founded in 2004, Endeka provides wireless broadband services to campuses, military bases, hotels, convention centers, ships, and other locations.
—As part of an industry challenge to reduce the planning and installation costs of solar energy projects, the U.S. Department of Energy awarded $700,000 to the San Diego-based California Center for Sustainable Energy. The team will use the funding to develop standardized rules for permitting and interconnection processes to streamline rooftop solar projects, with the idea of fostering the adoption of solar projects throughout Southern California. Considerable barriers remain to scaling up solar, according to Andrew McAllister, director of planning and strategy at the nonprofit center.