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Net Data Centers Acquired By ANEXIO

socalTECH

Los Angeles-based datacenter operator Net Data Centers , which has two facilities in Los Angeles, has been acquired by another data center operator, Anexio. ANEXIO said it will add almost 200 customers, 3 megawatts of critical data center power capacity, and two Los Angeles facilities to its offerings.

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Cal Net Technology Group Acquires inhouseIT

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Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July.

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California Rules On Net Metering For Rooftop Solar

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The California Public Utilities Commission voted on Thursday to approve new, net energy metering (NEM) rules, which govern how owners of rooftop solar systems are metered by the electric industry, in a ruling which was widely hailed by the solar industry. The ruling on the NEM 2.0

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Green Dot: Tight Credit Driving New Customers

socalTECH

Pasadena-based Green Dot , the provider of prepaid credit cards which recently debuted on the markets, reported its quarterly earnings Thursday, saying that the tight financing environment continues to drive new customers to the company. The firm said it had net income of $4.6M in net income on operating revenues of $62.9M

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Invoca's Offices Taken Over By 20,000 Honey Bees

socalTECH

Invoca--which sent its workers home in March to due to the COVID-19 pandemic--apparently discovered in January that bees had taken up residence in its offices, resulting in a major bee removal operation which netted the company nearly 10 pounds of honey when the bees were removed by a local honeybee relocation firm.

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Omaze Raises $30M In Series B

socalTECH

The company says that some of the prizes it has offered include a Lamborghini blessed and signed by Pope Francis, a custom tiny home and a waterfront dream home in Miami. The company is led by CEO Matt Pohlson; the company says it has supported more than 350 charities to date, with $130M netted for those charities. READ MORE>>.

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ACTIVE Network Wins Three Cities

socalTECH

San Diego-based ACTIVE Network is expanding its footprint in the parks and recreation management market, reporting this morning that it has signed up the cities of Phoenix, Portland, and Denver as customers of its ACTIVE Net software. Financial impact of the wins were not announced.

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