LightPointe is owned by Berg & Berg Enterprises, which acquired the company in 2006. LightPointe had originally been venture backed, and was acquired after a Chaper 11 bankruptcy back in 2006. The firm said it has hired Patrick Cardon as Director of Sales for Southern Europe as part of the expansion. READ MORE>>. MORE >>

When you are selected you share the stage with 49 other companies (in the case of TechCrunch50. Most people pay attention to the first 5 companies. By company 22 it’s hard to remember what any of them did. Many other great companies are not. It’s no wonder many companies don’t get good coverage. MORE >>

The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area. MORE >>

The nature of the company’s business model requires it to fund certain costs before it is paid by its customers. Thus, even though the company is cash flow positive, its growth is constrained by the amount of payables it can fund. Instead, collateralize it with your company’s assets. Go ahead, I will wait…. welcome back. MORE >>

Ranker said that those angels include investors in founder Clark Benson's former startup, eCrush, which was sold to Hearst Corporation in 2006. The new funding brings the company's total raised to $1.75M. According to the firm, the round was led by Siemer Venture Capital, along with un-named angel investors. READ MORE>>. MORE >>