San Diego Tech Roundup: Givit, ID Analytics, and Rain on the Parade
—A steady rain is lingering this morning from the monster storm that blew through San Diego over the weekend. Also lingering is what you might call my “curiosity of the week:” Don Casey resigned as CEO of the San Diego-based West Wireless Health Institute, just two years after he was lured from Johnson & Johnson’s Comprehensive Care group to lead the non-profit institute. Casey, who will retain his seat on the institute’s board, expects to accept a position with a major health care company, according to a statement. I wonder if the institute is still working to identify its role? I hope to get a chance to provide more insight about what’s happening there.
—Timing is everything: The private online video sharing service that San Diego’s Givit unveiled in November officially started on Thursday—with an invitation to former FlipShare customers to move their videos over to Givit. FlipShare was the business that Cisco created from its $590 million purchase of Pure Digital Technologies, and then killed last year as the quality of video-enabled smartphones made a standalone camera increasingly irrelevant. Givit was created as a new business by San Diego-based VMIX. In an e-mail over the weekend, VMIX Founder and CEO Greg Kostello said user numbers are not yet available, “but the response has been really amazing.”
—As part of its plan to acquire San Diego’s ID Analytics, Tempe, AZ-based LifeLock raised $100 million from venture investors and another $70 million in debt funding. LifeLock CEO Todd Davis said the database that ID Analytics created has been an important base for the identity theft protection services that LifeLock provides to more than 2 million subscribers. Financial terms of the deal were not disclosed, but I hope to talk soon with ID Analytics CEO Bruce Hansen.
—Connect, the San Diego nonprofit established to support technology and entrepreneurship, has arranged an opportunity for half a dozen San Diego Internet startups to make presentations to … Next Page »