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Energy Vault Finds $110M For Renewable Energy Storage Efforts

socalTECH

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning. READ MORE>>.

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Perfect Market Unveils New Content Monetization Tool

socalTECH

Altadena-based Perfect Market , the Idealab startup which develops software which helps traditional publishers monetize their archival and current content, said today that it has unveiled a new tool it is calling The Vault. Pricing on the new tool was not released.

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Factual Launches Geo-Coded Business Dataset

socalTECH

Factual said that the data set helps developers gain access to information which had previously been difficult to license, due to multiple vendors and licensing requirements. The release also came in conjunction with new developer tools and redesign by the company to help developers get started more quickly in using its datasets.

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Factual Gains Funding, Names Investors

socalTECH

Factual is developing an online platform which allows anyone to share and mash open data. Applied Semantics was the original developer of Google AdSense technology, and was purchased for pre-IPO Google stock in 2003. READ MORE>>.

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Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

Pasadena has a long history as a center of the technology and innovation world�all the way back to first American experiments with rocket launches in 1936�Southern California's first foray into the rocket business (sorry, SpaceX)--through the Internet boom with Idealab, to today. What else do you think Pasadena needs in the ecosystem?

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Factual Partners With Newsweek

socalTECH

Gil Elbaz, who was most recently at Google, was one of the founders of Applied Semantics, a Santa Monica firm which developed Google's AdSense product. Applied Semantics was acquired for pre-IPO Google stock in April of 2003. READ MORE>>.

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Mark Suster, Nely Galan to Keynote Silicon Beach Fest

Tech Zulu Event

This second annual fest brings together technology leaders, startup CEOs, investors, Hollywood studio executives, entrepreneurs, developers, students and more to celebrate LA’s dynamic technology industries with panels, workshops, hackathon, mixers, and a start-up showcase spotlighting 40 local startups. and launching at Silicon Beach Fest.