Southern California Leads In Green Businesses, Says Report

socalTECH

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. According to the report , both Los Angeles and the Bay Are were identified as green manufacturing job leaders, with nearly 10,000 jobs in the sector in each region. The report was compiled by research firm Colaborative Economics.

Will Facebook's IPO Unbottle Southern California's Pipeline?

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Will the filing of an IPO by Menlo Park-based Facebook unclock the pipeline of would-be Southern Calfornia IPOs? The firm reported net income of $1 billion on revenues of $3.7 Facebook filed for its IPO Wednesday afternoon, saying that it is looking to raise up to $5 billion, in what is expected to be the biggest IPO since Google. billion in 2011 in its S-1, which is being underwritten by Morgan Stanley, J.P. Morgan, Goldman Sachs & Co.,

USC: $380M Raised In Last 3 Years By USC Spinouts

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A new study compiled by the University of Southern California tallies up $380M raised in capital by USC spinouts in the last three years, and a 15 year total of $800M raised by 39 startups with roots at the school.

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j2 Global's Q1 Revenues Rise To $299.9M

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Los Angeles-based J2 Global , the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M. The company said net cash provided by its operating activities increased to $116.9M

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NantHealth Files For IPO

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NantHealth reported a net loss of $71.6M The filing is the first IPO filing for a Southern California technology firm so far in 2016. Culver City-based NantHealth , one of the companies out of billionaire Patrick Soon-Shiong's collection of NantWorks companies, has filed for an IPO, saying this morning that it is looking to raise up to $92.0M in a public offering. NantHealth said it intends to list on the NASDAQ Global Market as NH.

ReachLocal Grows Revenues By 47 Percent

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Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M 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.

Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

I knew eventually people would realize that the Kauffman Report and all the talk of VC returns were rear-view mirror analyses. Geographically our strategy is to fund about 50% of our deals in Southern California (from San Diego to Santa Barbara) and 50% of our deals on a national basis.

Entropic Communications Sees Jump In Revenues In Q2

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San Diego-based Entropic Communications , a publicly held developer of semiconductors used in home entertainment and consumer electronics products, reported today that it had an increase of 56 percent in its second quarter net revenues, compared with last year. in net revenues in Q2, up by 56 percent in terms of revenues compared with the $26.1M Entropic trades as ENTR on the Nasdaq, and is one of the venture-backed SoCal firms which went IPO back in 2007.

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Green Dot: Tight Credit Driving New Customers

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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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Raising Seed Capital Now: 10 Tips

Tech Coast Venture Network

Last year, venture capitalists and angels who co-invested with them placed $7 billion into seed and early-stage deals, an 11 percent increase from 2009, according to the most recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report. Investors and entrepreneurs who won at the fundraising game during and after the Great Recession offer advice on landing equity money. By Monica Mehta.

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Why You Should Start a Company in. Los Angeles

SoCal Delicious

The Southern California locale benefits from its easy proximity to Silicon Valley, just an hours flight away, as well as from the many universities in the area, including Cal Tech, where Intel founder Gordon Moore went to school. startup scene so hot.

Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

If youre buying a luxury home or just like looking at them, check out this live chat from reporter Lauren Schuker Blum and WSJ.com real estate editor Matthew Strozier. The southern migration is taking place as companies like Google. So schützen Sie Ihre Privatsphäre bei Facebook.