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Rubicon Project Passes $100M Mark, Sees $125.3M In Yearly Revenues

socalTECH

Los Angeles-based online advertising technology developer Rubicon Project > has just passed the $100M mark, reporting yesterday that its 2014 year end revenues were $125.3M. The company said it is expecting 40 percent year-over-year revenue growth in 2015. on revenues of $41.8M for the quarter.

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OpenX Tops $140M In Revenues

socalTECH

Los Angeles-based online advertising technology provider OpenX said late Monday evening that the company has reached $140M in revenues, which it says is a record. The company also says it has been growing in terms of employees; the company said it had 110 net new hires in 2015, a 31 percent increase in its headcount.

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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. For example, Orange County with medical devices.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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NantHealth Files For IPO

socalTECH

NantHealth reported a net loss of $71.6M in total revenues for 2015. The filing is the first IPO filing for a Southern California technology firm so far in 2016. The IPO is being underwritten by Jeffries, Cowen and Company, First Analysis Securities Co.,

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CES 2015 | The Fun (and Strange) Side of the Show

Tech Zulu Event

The Consumer Electronics Show (CES) marks what new technology to see and expect at the beginning of each year. Here are some of the fun and the weird highlights found at CES 2015. One of Ford’s satellite booths has a 360-degree motion racing game and playing the game also nets a free T-shirt. Creative Audio.

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SolarReserve: Crescent Dunes Overcomes Limitation Of Battery Storage

socalTECH

The power plant developer--whose Crescent Dunes plant started delivering energy to the grid in late 2015--says that its technology offers a "real way" to sore energy for use after dark, and overcomes the intermittency problems that face use of renewables. READ MORE>>.