in the round were existing investors Trinity Ventures, InterWest Partners, and Leapfrog Ventures.
—San Diego-based KidZui, which has been developing a kid-friendly Internet browser, has raised $4 million in a secondary round of venture funding that was led by San Diego’s Mission Ventures. Previous investors, which included Emergence Capital Partners, First Round Capital, and Maveron, also participated.
—The Active Network is about 18 months into an ambitious program to overhaul and replace its existing software-as-a-service infrastructure. Active CEO Dave Alberga estimates the four-year software development effort will cost between $80 million and $90 million.
—Parand Tony Darugar, who created a free Web-based expense tracking service called Xpenser, announced new features for businesses at the DEMO Spring 2010 event in Palm Desert, CA. The new Xpenser premium service, which is offered through San Diego-based Tastr, will charge a fee for business customers and their corporate clients.
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Author: Bruce V. Bigelow
In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here.
Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University.
Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.
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