article thumbnail

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.

.Net 113
article thumbnail

sonnen Teams With Homebuilder On Net Zero Homes In Florida

socalTECH

Los Angeles-based residential energy storage technology developer sonnen said on Thursday that it has partnered with home developer Pearl Homes to build a "net zero" community in Florida. The project will initially include 148 homes. Sonnen is backed by Shell. READ MORE>>.

.Net 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business.

Tool 315
article thumbnail

TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage

socalTECH

Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% TrueCar said it had a net loss of $6.8 million compared to net income of $11.6M TrueCar said it had a net loss of $6.8 million compared to net income of $11.6M

Truecar 113
article thumbnail

Your fork in the road? Depending upon others.

Berkonomics

And I found from experience – after investing in many other entrepreneurial businesses over the years – that this stage typically occurs first at about twenty employees or $3 million in net revenues (or gross profit) for most any kind of company. In future weeks, we will dissect this $3 million-dollar phenomenon separately.

article thumbnail

EVgo Completes SPAC Deal, Trading Now On Nasdaq

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo says it has completed its business combination with Climate Change Crisis Real Impact I Acquisition Corporation. EVgo had previously said it would receive $575M in net proceeds, which it will use to fund and accelerate its growth strategy and network build out.

.Net 133
article thumbnail

StartItUp Aims To Bring Startup Support To Small Businesses

socalTECH

Los Angeles-based StartItUp said this week that it has launched a new, mobile platform which aims to bring "Silicon Valley" style incubation and entrepreneurial support to small businesses. Co-founder Brad King has been involved in such companies as Net Effect, iChange, and URB-E.

Startup 124