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Bluebeam Nets Local Angel Groups 20X Return

socalTECH

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. Bluebeam joins Green Dot among the trophy returns for the local angel groups; Green Dot IPO in 2010 resulted in a 100x return for the Tech Coast Angels.

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ReachLocal Grows Revenues By 47 Percent

socalTECH

in revenues for Q3 of 2010, up 47 percent from Q3 of last year, when it had $52.6M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. in revenues. for the quarter.

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Peregrine Semiconductor Files For IPO

socalTECH

According to the firm's S-1, the company had a net loss of $7.4M in 2009, and a net loss of $2.5M for the nine months ended September 25, 2010. Tags: peregrine semiconductor merger acquisition exit. on revenues of $70.5M on revenues of $67.6M READ MORE>>.

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Inphi Reports Q3 Results

socalTECH

the maker of high-speed analog semiconductors, has updated its S-1, to reflect the firm's Q3 financials, saying that it had had net income of $3.58M on total revenues of $21.8M for its quarter ended September 30, 2010. That compared with net income of $3.85M on revenues of $18.37M for the same quarter last year. Inphi Corp. ,

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Cornerstone OnDemand Files For IPO

socalTECH

According to the S-1, the firm had a net loss of $8.3M for 2009, and has seen revenues grow to $20.28M in the first six months of 2010. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M READ MORE>>.

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Zogenix Files For IPO

socalTECH

in revenues for the six months ended June 30, 2010, with a net loss of $49.3M. Tags: zogenix merger acquisition lifescience migraine headache health. Zogenix said it is looking to list on the NASDAQ Global Market as ZGNX. The company reported $7.5M READ MORE>>.

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Inphi Updates Financials, Acquires Taiwanese Firm

socalTECH

the Sunnyvale-based semiconductor maker which has major operations in Westlake Village, has released its latest financials in an updated S-1 from the company, saying that it had had net income of $19.6M for the six months ended June 30, 2010. The firm had net income attributable to common stockholders of $2.2M. Inphi Corp. ,