socalTECH
FEBRUARY 17, 2010
Fallbrook reported a net loss of $11.7M on reveues of $871,000 for the nine months ended September 30, 2009. For 2008, the firm had a loss of $11.9M The IPO is being underwritten by CIBC and Mackie Research Capital. Fallbrook is venture backed by Robeco Group, NGEN Partners, and others. on revenues of $2.28M. READ MORE>>.
socalTECH
DECEMBER 14, 2009
Camarillo-based Vitesse Semiconductor , a developer of communications ICs for the networking industry, reported its yearly results today, saying that it had a net loss of $194.0M in fiscal year 2009, and revenues of $168.2M in its fiscal 2008 year. According to Vitesse, 2009 was "a challenging year" for the firm.
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socalTECH
OCTOBER 7, 2010
In an assessment of the "green economy" jobs in California, the Next 10 report said that the Bay Area had 9,607 green jobs in 2008, compared with 9,370 green jobs in Los Angeles. The Next 10 report found that California accounted for 24 percent of total global investment in clean technology, with a total of $11.6
socalTECH
JULY 23, 2009
The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M in sales it had in Q2 of 2008. The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. READ MORE>>.
socalTECH
JANUARY 30, 2009
The move came after the firm reported net revenues of $1.127 billion for the third quarter of 2008. The results for the year were actually up 23.3%, to $4.658 billion, however the firm said that the it expects a slowdown in the economy will negatively impact the firm's business in the first quarter of 2009. READ MORE>>.
Both Sides of the Table
DECEMBER 16, 2014
Our 3rd fund began investing in March 2009 (raised in 2008) and our 4th fund started in April 2012 so this fund will naturally begin investing around March / April 2015. Family Offices (of high-net-worth individuals or families). That’s why the best firms tend to raise every three years. University Endowments.
Both Sides of the Table
MAY 4, 2010
If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Online advertising platform for local businesses; ReachLocal reported over $203 million in revenue for 2009, compared to around $146 million in 2008. Its net income for the 2009 period is $11.66
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