Monday, April 27, 2009

VC in Portland; Upset Clearwire customers; Motricity; and more

Venture capital firm DFJ Frontier has established an office in Portland, joining Voyager Capital and Madrona Venture Group that have also set up operations in the city in the past 12 months, reports The Oregonian.

Madrona Venture Group's Tom Alberg tells Xconomy that print newspapers should eliminate daily delivery and possibly work with Amazon.com to deliver the news through the Kindle, ideas that we've suggested in the past. The venture capitalist and angel investor in Crosscut also says newspapers should charge for their online product. 

Seattle's Pacific Biometrics today named Amar Sethi to the position of vice president of science and technology. Sethi previously worked with the National Institutes of Health.

Motricity, the Bellevue mobile data company, has named Allyn Hebner as chief financial officer. He previously served as chief accounting officer at T-Mobile USA.

Clearwire customers are suing the Kirkland provider of wireless broadband service, alleging that the pre-WIMAX service is slow and unreliable, reports Fierce Broadband Wireless. The suit also is seeking an injunction against the company's policy related to early termination fees.

The Personal Genome Project has begun using the digital storage technology from Isilon Systems to store genetic information for as many as 100,000 volunteers.




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