socalTECH

SEPTEMBER 10, 2021

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. and others.

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

DECEMBER 19, 2018

Los Angeles-based Elementary Robotics , which is developing robotics technology for "intelligent robot assistants", said on Wednesday it has raised $3.6M The funding was led by Fika Ventures and Fathom Capital, and also included Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners, and Stage Venture Partners.

Idealab 133

Idealab Seed Funding Los Angeles Funding 133

socalTECH

MAY 5, 2014

Pasadena-based UberMedia , the provider of mobile advertising technology, announced this morning that it has raised $8M in a funding round. Crawford is a member of the board of Lionsgate Entertainment, and previously was a portfolio manager at Capital Research and Management. READ MORE>>.

Idealab 164

Idealab Advertising Mobile Pasadena 164

socalTECH

MARCH 3, 2011

The Wall Street Journal, at a conference in Santa Barbara this week, named its list of "Top 10" clean technology firms, naming two local companies to the list of firms with the "greatest potential to succeed." The WSJ held its ECO:nomics Executive Conference in Santa Barbara this week.

Santa Barbara 140

Santa Barbara Technology Idealab Burbank 140

socalTECH

OCTOBER 3, 2019

more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. The company has a very long and complex history, its technology originally been spun out of Idealab back in around 2004 as a vendor of desktop search software. Pasadena-based e-discovery software developer X1 has raised $5.1M

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

TechCrunch LA

NOVEMBER 19, 2019

For Bill Gross, the founder of Idealab and brains behind the excursion, the unveiling was simply the latest in a string of demonstrations for new technologies commercialized by his nearly three-decade old startup company incubator. I’m pleased to have been an early backer of Bill Gross’s novel solar concentration technology.

Lancaster 205

Lancaster Idealab Los Angeles Incubator 205

socalTECH

FEBRUARY 4, 2011

Vista-based Aptera Motors , the three wheeled electric vehicle firm backed by Idealab and Google, told its supporters today that it is still looking to score funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program.

Capital 147

Capital Idealab Google Email 147

socalTECH

NOVEMBER 3, 2016

Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M Gordon Cheng (Cameron Pace Group China), and Idealab. in a series A funding, the company announced this mroning. Entertainment Co.,

Artificial Inteligence 100

Artificial Inteligence Idealab Entertainment Pasadena 100

Tech Zulu Event

JANUARY 20, 2012

We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. SuperDemo: Bill Gross. Bill received his B.S. Event Details.

Idealab 84

Idealab Tech Coast Angels CalTech Startup 84

socalTECH

MAY 26, 2009

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Idealab's Bill Gross also re-joins as Chairman of the firm's board of directors. X1 did not say if prior investor U.S. READ MORE>>.

Idealab 100

Idealab Technology Funding Pasadena 100

socalTECH

NOVEMBER 6, 2014

David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.

Startup 231

Startup Technology Incubator Silver Lake 231

socalTECH

JULY 18, 2017

According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital. ObEN's software allows users to create a virtual avatar that looks, sounds, and behaves much like the user, using computer vision, natural language processing, and other technology. ObEN said it has now raised a total of $13.7M

Artificial Inteligence 124

Artificial Inteligence Idealab Pasadena Platform 124

socalTECH

APRIL 19, 2010

Pasadena-based eSolar , the solar thermal technology developer backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association.

Idealab 154

Idealab Venture Capital Google Pasadena 154

socalTECH

NOVEMBER 7, 2016

That's the idea behind the technology being developed by Pasadena-based ObEN (www.oben.me), which is led by co-founde rand CEO Nikhil Jain. Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co.,

Idealab 173

Idealab Artificial Inteligence Startup Ideas 173

Tech Zulu Event

JUNE 17, 2011

After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan. He received a B.S.

Tech Coast Angels 100

Tech Coast Angels Idealab Angel Design 100

Tech Zulu Event

SEPTEMBER 27, 2011

Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan. Alex previously helped lead the Proto Group at Idealab, working to determine the feasibility of new business ideas. Idealab continues to explore a range of technology frontiers.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

socalTECH

JUNE 21, 2018

The event featured a keynote by Bill Gross of Idealab , a panel of VC experts, and dozens of pitches by startups spawned by local universities and research institutions from across Southern California.

Southern California 113

Southern California SoCal Dollar Shave Club Cornerstone OnDemand 113

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. That network effect is a subtle but has a powerful effect with all this new technology.

Southern California 113

Southern California Capital Funding Invest 113

Both Sides of the Table

APRIL 15, 2010

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. He’s behind IdeaLab and has created many interesting companies including innovating in solar energy ( eSolar ) and electric cars ( Aptera ). Rumored: Digital Sky Technologies. Overture sold for $1.6 billion to Yahoo! M&A Discussion.

Venture Capital 271

Venture Capital Capital Google Platform 271

socalTECH

MARCH 6, 2014

If it seems strange to find the inventor of Bitcoin living in the San Gabriel Valley, it''s actually not all that surprising given the area is home to one of the most prominent research universities in the United States, The California Institute of Technology ; NASA''s Jet Propulsion Laboratory ; and the original Internet incubator, Idealab.

San Gabriel 124

San Gabriel La Canada Flintridge CalTech La Canada 124

socalTECH

APRIL 21, 2010

Pasadena-based TweetUp , the Idealab-backed startup focused on monetizing Twitter messages, said today that it has inked two deals to display its search results, one with Twitter client TweetDeck , and another with popular technology blog TechCrunch. Financial terms of the deals were not disclosed. READ MORE>>.

Idealab 176

Idealab Pasadena Blogging Advertising 176

socalTECH

MARCH 26, 2013

USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles. The startup accelerator is behind headed by Ashish Soni. READ MORE>>.

USC 187

USC Startup Southern California Incubator 187

socalTECH

MARCH 27, 2013

Idealab-based solar energy startup eSolar has just raised $12.8M Burbank-based eSolar is developing utility-scale, solar thermal power technology used for generating power on a large scale. Burbank-based eSolar is developing utility-scale, solar thermal power technology used for generating power on a large scale. READ MORE>>.

Burbank 178

Burbank Idealab Technical Review Competition 178

TechCrunch LA

DECEMBER 19, 2018

With lead investors like Fika Ventures and Fathom Capital, and co-investors, including Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners and Stage Venture Partners, Elementary Robotics is readying itself for commercial pilots with a few undisclosed customers as it proves out its technology.

Los Angeles 207

Los Angeles Angel Artificial Inteligence CalTech 207

socalTECH

JULY 16, 2013

As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.

Pasadena 242

Pasadena Santa Monica CalTech Technical Review 242

socalTECH

FEBRUARY 3, 2010

Santa Monica-based Factual , the new data focused startup run by Gil Elbaz , the co-founder of Applied Semantics , which invented Google's AdSense technology, is announcing the investors in the firm this evening. Applied Semantics was the original developer of Google AdSense technology, and was purchased for pre-IPO Google stock in 2003.

Rustic Canyon 150

Rustic Canyon Miramar Santa Monica Google 150

socalTECH

MARCH 3, 2010

Altadena-based Perfect Market , which is developing technology to help publishers monetize their long tail content, confirmed today that it has raised $6M in a Series C funding round. The firm said the round was led by Tribune Company, and also included Trinity Ventures, Rustic Canyon Partners, and Idealab. READ MORE>>.

Rustic Canyon 133

Rustic Canyon Marketing Altadena Idealab 133

socalTECH

AUGUST 12, 2009

The firm has relationships with DFJ Gotham, Idealab, and others. Idealab has invested in the fund, and is a great partner, and has been introducing us to their companies, as well as lots of companies that aren't in the Idealab structure but where they know the founders and executives. Mike and John found me through Idealab.

Venture Capital 165

Venture Capital Startup Idealab Technical Review 165

socalTECH

DECEMBER 30, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What new technology area, startup, service, or app did you find most interesting or useful this year, and why?

SoCal 140

SoCal Southern California Startup Venture Capital 140

socalTECH

JANUARY 6, 2011

The funding came from Idealab's New Ventures Group. The firm is housed in the Los Angeles Business Technology Center. Details on the funding, and size, have not yet been announced by the startup. TripTrotting helps world travelers connect with "hosts" in cities, who help travelers see the city from the eyes of a local.

Altadena 164

Altadena Funding Pasadena Angels Idealab 164

socalTECH

NOVEMBER 19, 2009

In the statement, Aptera said it will begin volume production when it receives private funding or if it can secure financing through the Department of Energy's Advanced Technology Vehicle loan program. Aptera is venture backed by Google and Idealab. READ MORE>>.

Layoffs 145

Layoffs Idealab Venture Capital Google 145

socalTECH

FEBRUARY 1, 2013

The magazine turned its attention this month towards the Los Angeles innovation and technology economy in a section guest edited by StartEngine co-founder Howard Marks , including a reception held Wednesday evening at the Viceroy in Santa Monica.

Ventura 182

Ventura Santa Monica Idealab High Tech 182

socalTECH

JUNE 29, 2010

Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers.

Southern California 176

Southern California Rustic Canyon Marketing San Diego 176

Tech Zulu Event

JANUARY 30, 2012

For those who still might be wondering what Spotlight: LA Tech is all about, It’s a screening room for new technology homegrown in our region. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. in Mechanical Engineering from the California Institute of Technology.

CalTech 91

CalTech Company Companies Idealab 91

socalTECH

MARCH 3, 2009

Pasadena-based eSolar , which is developing solar thermal power plants and technology, disclosed this morning that it has scored $30M in an investment from Indian firm ACME Group, in conjunction with a deal to construct 1 gigawatt of solar power plants in India. Tags: india solar venture capital group acme esolar photovoltaic.

Idealab 100

Idealab Pasadena Equity Venture Capital 100

socalTECH

APRIL 20, 2010

If you about it, their customers have begun opening up their purses, which have been kind of tied up in the last 18-24 months, they haven't been investing in new technology or products, and equities are getting more expensive. That technology was just one part of it. A lot of our early successes were companies out of Idealab.

Clearstone 140

Clearstone Idealab Incubator Invest 140