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Thursday, Oct 6, 2022
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STARTUPS & INNOVATIONS

LAUNCH

Numecent Inc., an Irvine-based cloud software company, has unveiled an integration software, Cloudpager, for Amazon WorkSpaces, a cloud-based virtual desktop that can replace a traditional desktop, which is powered by Amazon Web Services.

The program, which the company calls the first to provide native support for Amazon, enables all Microsoft Windows desktop applications to shift to Amazon WorkSpaces, reducing migration, operating and software licensing costs, according to Numecent officials.

“It only takes one app to make the onboarding process difficult and time-consuming,” Numecent co-founder and CEO Arthur Hitomi said in a statement. “We built Cloudpager to make all Windows applications run better, be easier to manage, and mobilize friction-free to any Windows environment, but especially so with Amazon WorkSpaces.”

Numecent, founded in 2012, has raised a total of $35 million in funding. The company raised $15.5 million in its latest funding round, a Series C held in 2015.

Nobol Inc., an Irvine-based medical product manufacturer founded last year, has kicked off what it calls the world’s first self-powered assisted therapy cycle that helps users with mobility issues, rehabilitation and post-surgical recovery.

The product, PhysioPedal, aims to help the elderly, injured and those with limited movement improve their motor and cognitive functions.

The PhysioPedal costs $599 and is available for purchase on Nobol’s website. The Irvine Spectrum-area company’s CEO, Asher Huang, joined the company this year after working for locally based product manufacturer Esino USA.

FUNDING

Matregenix Inc., an Irvine medtech company founded in 2017 and located at the University Lab Partners office at University Research Park, has received a National Institutes of Health (NIH) grant for its development of a dental barrier membrane that will assist with bone regeneration.

Financial details of the grant were not immediately disclosed. The grant was awarded by the National Institute of Dental & Craniofacial Research under the guidance of the Small Business Innovation Research program and NIH.

In guided bone regeneration, barrier membranes serve to protect the bone defect and facilitate its growth while preventing interference from connective tissue.

Matregenix’s product aims to reduce the additional costs and unnecessary pain for patients using a traditional dental barrier membrane.

“Our new approach will address the limitations of current products by eliminating the need for animal-based materials while introducing a new biomaterial to benefit the areas of soft tissue repair applications,” Matregenix founder and CEO Sherif Soliman said in a statement. Soliman’s research work includes positions at Princeton, MIT and Harvard Medical School.

NEW HIRES

One Identity LLC, an Aliso Viejo-based cybersecurity software company with ties to Quest Software Inc., has added three new vice presidents to its executive team.

The company has brought on Tat Ng as vice president of global engineering, Darren Thomson as vice president of product marketing and Ken Evans as vice president of global demand generation and field marketing.

Ng counts 25 years of executive-level experience in software-as-a-service companies such as telecommunications software company Rivermine, which was acquired by IBM and later sold to tech company Tangoe Inc., and e-commerce company ChannelAdvisor Corp. (NYSE: ECOM), which went public in 2013, according to One Identity officials.

Thomson, who brings over 30 years of cybersecurity experience to the company, has previously worked at CyberCube, which provides cybersecurity analytics to insurance companies.

Evans counts 20 years of experience leading revenue-growing teams, according to One Identity officials. He previously served as VP, talent marketing at cloud-computing company Veeva Systems (NYSE: VEEV) and as VP, demand generation and marketing operations at cloud communications company Fuze, which was acquired by cloud communications platform provider 8×8 Inc. (NYSE: EGHT) in January.

One Identity, founded in 2016 and owned by Aliso Viejo software company Quest Software, hired Mark Logan as its first full-time CEO this year, in preparation for its separation from Quest. The company last October acquired San Francisco cloud-based identity and access management provider OneLogin Inc.

COWORKING

Irvine’s Eureka Building, a 41,000-square-foot coworking spot designed for early-stage entrepreneurs, has a new owner. Canada-based Ergo Properties Ltd. last month announced the sale of the Alton Parkway building.

Records indicate it was bought by Saddleback Church for $20.8 million. The church has begun using the building as a ministry. Ergo says it is bringing the Eureka Hub concept to other locations in SoCal later this year.

The property, bought by Ergo in 2013, was designed as an entrepreneurial hub for Orange County startups. Eureka Building sits on a 3-acre office campus that attracted companies from Silicon Valley and other parts of California to relocate to Irvine, according to Ergo officials.

Since opening in 2014, Eureka Building has hosted over 600 events for early-stage ventures, including some by Aliso Viejo-based business accelerator Octane.

PARTNERSHIPS

BookingPal, an Irvine-based vacation rental software company, said it inked an agreement with Tweener Homes, a Chandler, Ariz.-based online platform that helps users find temporary living while moving between homes.

The partnership allows BookingPal to tap into a new market of home renters who are looking for a temporary house as they move from an old to a new home. BookingPal’s traditional customer base consists of users looking for vacation rental homes.

“We are always on the lookout for new distribution channel partners that offer new and productive options for our property managers to diversify their marketing strategies,” founder and CEO of BookingPal Alex Aydin said in a statement.

“One of the lessons learned from the pandemic was need for diversification. Tweener Homes does just that and will offer exposure for our BookingPal property managers to non-vacation travelers, critical for increased bookings and revenues during times of lower vacation travelers and occupancies.”

BookingPal, founded in 2013, has raised a total of $22 million in funding. The company’s last funding round, in 2019, was a Series D, where it raised $12 million. Board members include local tech and real estate entrepreneur Mark Moshayedi.

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