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Arcturus Get Exit At Pliant

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Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. Arcturus first invested in Pliant in 2007. SanDisk is a major manufacturer of flash memory.

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Ondax Names New CEO

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Moser is a native of Switzerland, and will remain as Chief Technology Officer at the firm. ONDAX is backed by Arcturus Capital, Prospector Equity Capital, and others. Heyler was most recently at Newport Corporation.

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Digital Performance Raises $3.2M, Hires CEO

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Long Beach-based Digital Performance, which develops technology for online sales efforts in the after market automotive parts sector, is announcing Monday that it has raised $3.2M The round was led by Rincon Venture Partners, and also included Arcturus Capital and Momentum Venture Management. in a Series A funding round.

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Zag Powers AAA Service

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Zag provides the technology to power affiliate car buying services, allowing members of associations like the AAA to get fully configured, exact quotes on new cars at pre-negotiated prices. Zag is venture backed by Anthem Venture Partners, USAA, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund. READ MORE>>.

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Zag Adds Another AAA Group

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Zag has now signed up 14 AAA motor clubs, and also provides its technology to Capital One Auto Finance, Overstock.com, and other sites. Zag is headed by former CarsDirect CEO Scott Painter, and is venture backed by Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund.

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Arcturus Therapeutics Gets $5M

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San Diego-based Arcturus Therapeutics , a developer of RNAi technology, said it has raised $5M in a Series A funding round. According to Arcturus, the funding came from multiple private capital,, high net worth investors from Canada, Japan, and the United States. Names of those capital sources were not announced.

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