VirnetX reports loss
VirnetX Holding Corp., which just moved to Zephyr Cove from Scotts Valley, Calif., reported an operating loss of $4.2 million in the third quarter, which compares with a loss of $2.4 million in the same quarter a year earlier.
The company is working to commercialize a portfolio of patents.
Heather Ashbridge, who started with Nevada State Development Corporation in 2008, previously served in several roles with the organization, including assistant vice president and loan officer. She is based in NSDC’s Reno office.