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SoCal Edison Hits One Million Smart Meters Installed

socalTECH

Southern California Edison said Monday that it has installed its one millionth smart meter, eleven months after the firm started installing the meters in its territory. The utility says it hopes to reduce demand on the grid by about 1,000 megawatts through the installation of the meters.

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Southern California Technology Jobs Surge

socalTECH

Anyone looking for signs that the economy is turning around, might want to look at what appears to be happening in Southern California's technology jobs market. Mangers said that it appears that for companies that have survived the storm of 2009 and the economy, things are looking up.

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Demand Media Alum Gets $100M For Domain Registrar

socalTECH

A brand new, domain registration startup headed by a set of ex- Demand Media executives, has just raised an astounding $100M for its efforts. He continued to serve at Demand Media until 2009. Donuts Inc. Donuts Inc. Donuts Inc. Donuts Inc. READ MORE>>.

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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. PwC tallied up 154 IPOs completed this year so far, raising $37.5 IPO market to generate liquidity for their investors.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. Both years were well above 2009, which had a low of only $475M in exits. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp.

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CTO Salary and Equity Trends 2009-2011

SoCal CTO

If you look at the year-over-year trends from 2009-2011 for companies that have raised less than $10M: and another chart that is only startups with Seed or Series A according to development stage: To me this is a very interesting set of trends that I would not have guessed without seeing the data.

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Six SoCal Firms Make Forbes List

socalTECH

Six Southern California firms have made Forbes.com's list of 20 of "America's Most Promising Companies 2009", which was released Wednesday.