Thursday, May 21, 2015Frost Data Capital Backs Maana For Big Data SearchSan Juan Capistrano-based Frost Data Capital, the investment and incubation effort led by Stuart Frost, has backed
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TrueCar Sued By California Car DealersSanta Monica-based TrueCar has been sued by a group of California car dealers, via the California New Car Dealers Association, which alleges that the auto buying site is noncompliance with California's laws regarding dealer licensing. The California New Car Dealers Association says that TrueCar is acting as a dealer and broker of new cars, and that as a result it is violating California law. The group said that both consumers and new car dealers are not being protected because TrueCar does not h (More info...)
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Ixia Partners On Automotive Networking TestingCalabasas-based network measurement equipment and software developer Ixia is in a partnership to provide Ethernet validation and conformance testing for the automotive industry, according to the company. Ixia said it has partnered with C&S Group on the effort to safeguard, validate, and optimize automotive Ethernet communications. Ixia said that Ethernet networking is quickly becoming the standard being used for in-vehicle communications. C&S Group is based in Germany, and provides interoperabil (More info...)
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Kofax Wins $1.2M DealIrvine-based Kofax reported a $1.2M win Wednesday with a global engineering, architecture, and environmental firm. The name of the customer was not disclosed. Kofax aid its customer is using its products to automate it human resources onboarding and change request processes, and will modernize its accounts payable processing and handling of more than 140,000 invoices per year. Kofax develops document management software which is used to capture and digitize paperwork and handle business processe (More info...)
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Sonos Expands In SeattleSanta Barbara-based Sonos is expanding its footprint, saying that it is opening up a new office in Seattle, Washington. Sonos said the new office will let it tap into both music and technology talent in the Pacific Northwest. The company now has offices in Santa Barbara, Boston, Seattle, The Netherlands, France, Germany, Denmark, The United Kingdom, and China. Sonos develops popular whole-home, audio streaming systems.
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