socalTECH

FEBRUARY 24, 2012

Los Angeles-based Interneer , a developer of software-as-a-service for the business process management market, reports that it had "record growth" in 2011. The firm, which did not disclose actual financial details or any growth figures, said its customers now include include Host Hotels & Resorts, Inc., Silliker, Inc.,

Report 140

Report Los Angeles Software Customer 140

socalTECH

DECEMBER 28, 2011

Irvine-based online advertising firm WebVisible has shut down, according to a report Wednesday. The company has not yet confirmed the shutdown, however, founder and CEO Kristen Mangers had left the firm in January in 2011.

Report 145

Report Redpoint SoCalTech Advertising 145

socalTECH

JULY 26, 2011

California is currently leading in terms of the number of IPO registrations, as the IPO market has reached a new high, according to a report released today. According to a report from Ernst & Young, the second quarter of 2011 saw 140 potential IPOs, representing $23.7

Report 176

Report Southern California Sites Marketing 176

socalTECH

JULY 26, 2012

Irvine-based disk drive maker Western Digital reported its annual results last night, saying that it had record revenues of $12.5 The publicly held company said that compares to a fiscal 2011 revenue of $9.5 billion, and net income of $1.6 billion for its fiscal 2012. billion and $726 million in net income.

Report 124

Report .Net Company Companies 124

socalTECH

MARCH 24, 2010

In a new report released today by the UCLA Anderson Forecast released a report today saying that the economy is in a "bipolar" condition, where the economy is growing, but where unemployment continues to stay in the double digits.

UCLA 190

UCLA Report Product 190

socalTECH

APRIL 7, 2017

have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. According to the report, there was $16.5 According to the report, there was $16.5 Venture capital investments in the U.S.

Invest 147

Invest Venture Capital Activity Report 147

socalTECH

JANUARY 18, 2013

In the second set of venture capital numbers released today, Dow Jones VentureSource has released its tabulation of Q4 2012 venture capital financings, reporting similar numbers to those from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters released earlier this morning. billion in 2011.

Invest 173

Invest Venture Capital Report Capital 173

socalTECH

NOVEMBER 28, 2011

Black Friday ranked as the heaviest online spending day to date in 2011, comsScore reported. The total for the current holiday season, which kicked off November 1st, is $12.7 billion in online sales. Sales for Thanksgiving Day were also up, by around 18 percent, with sales tallies reaching $479M, up from $407M last year.

Sales 150

Sales Report Activity Sites 150

socalTECH

FEBRUARY 28, 2013

The privately held firm did not disclose its revenues, however, the firm has previously been reported to have had revenues of between $50-100M in revenues in 2011, and $15-20M in revenues in 2009. The firm provides edge network services to help deliver content from such customers as Twitter, Pinterest, Sony, and Hulu to end users.

Steamboat Ventures 240

Steamboat Ventures Santa Monica Hulu Content 240

socalTECH

MAY 6, 2014

Epicor Software , the supply chain management software company whose roots are in Orange County, has been put up for sale by private equity firm Apax Partners, according to reports Tuesday. Epicor--which is now based in Austin, Texas, but which had been based in Irvine for years--was sold to Apax Partners back in 2011. READ MORE>>.

Equity 185

Equity Orange County Software Southern California 185

socalTECH

APRIL 19, 2012

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011. was invested in the region.

Southern California 221

Southern California Venture Capital Orange County Avalon 221

socalTECH

FEBRUARY 16, 2018

has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year". In the report, Amplify.LA Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA

Snapchat 100

Snapchat Venice Los Angeles Report 100

socalTECH

JANUARY 19, 2018

Irvine-based Restaurant365 , a developer of cloud-based tools for accounting, back office, and reporting for restaurants, has raised $20M in a Series A funding round, according to the company. The funding came from Bessemer Venture Partners.

Software 113

Software Tool Report Funding 113

socalTECH

FEBRUARY 28, 2012

A new study released Tuesday from Ernst & Young finds that the State of California led the nation in terms of its attractiveness to renewable energy investments in 2011. According to the report, which ranked U.S. states for investments in wind, solar energy, geothermal energy, California led the nation in energy projects.

Study 227

Study Report Invest Pricing 227

socalTECH

DECEMBER 12, 2012

The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff. The layoffs apparently come as the company has sold less than 100 of its automobiles since launching in March, according to the report. The layoffs impact approximately 15 percent of Coda's workforce. READ MORE>>.

Layoffs 157

Layoffs Southern California Santa Monica News 157

socalTECH

MARCH 8, 2012

The HALO Report, released today by Silicon Valley Bank, the Angel Resource Institute, from data by CBInsights, said that California led the nation in angel investment activity, with 29.8 The report did not break down investment totals between Southern California and Northern California. percent of angel investments in the state.

Tech Coast Angels 113

Tech Coast Angels Angel Invest Help 113

socalTECH

NOVEMBER 9, 2011

billion in Q3 of 2011. The latest numbers out of comScore , which measures e-commerce spending and Internet traffic, find that U.S. retail e-commerce spending rose 13 percent, year-over-year, to $36.3 comScore said the growth is the eighth, consecutive quarter of positive, year-over-year growth for the industry.

Commerce 182

Commerce Software Review Report Content 182

socalTECH

SEPTEMBER 16, 2014

Irvine-based Zadara Storage , which develops technology for cloud-based storage services, reported that it has scored a U.S. The patent was filed on November 5, 2011, and names CEO Nelson Nahum, along with Yair Hershko, Yoav Ossia, Shyam Kaushik, Lev Vainblat, Alex Lyakas, Moshe Melnikov, and Vladamir Popovski as inventors.

Patents 174

Patents Report Technology Services 174

socalTECH

JANUARY 18, 2013

According to data from the latest PricewaterhouseCoopers/NVCA MoneyTree report, the funding for Southern California's startups in Q4 of 2012 came from a total of 124 different venture groups, only 26 of which (20%) were actually based in Southern California. The report found that there was $683.7M READ MORE>>.

Southern California 198

Southern California Funding Startup Draper 198

socalTECH

MAY 11, 2012

LegalZoom reported net income of $12.1M for its year ended December 31, 2011. The firm is venture backed by Polaris Venture Partners (35.1 percent ownership), Insitutional Venture Partners (14.7 percent), and Kleiner Perkins Caufield & Byers (6.4 on revenues of $156.0M READ MORE>>.

Legalzoom 196

Legalzoom Glendale .Net Report 196

socalTECH

AUGUST 22, 2013

The acquisition valued ShoeDazzle at only around $30M, a huge drop in the company''s value, compared with a $240M valuation back in 2011, according to Dow Jones. That acquisition by JustFab of fellow fashion startup ShoeDazzle yesterday? Not so dazzling.

Acquisition 164

Acquisition Los Angeles Report Startup 164

socalTECH

FEBRUARY 12, 2013

Santa Monica-based Cornerstone OnDemand has joined the club of local high tech companies to cross the $100M in annual revenues mark, after reporting Tuesday that it had full year revenues of $117.9M, up 56 percent year to year. Cornerstone OnDemand says it now has over 1,2000 clients and 10.5 million users using its software. READ MORE>>.

Cornerstone OnDemand 176

Cornerstone OnDemand Santa Monica High Tech Software 176

socalTECH

NOVEMBER 5, 2012

Demand Media , the online media publishing firm headed by Richard Rosenblatt, reported record revenues and profitability, the firm said Monday afternoon, as its released its third quarter results. The firm's total revenues grew to $98.1M, up 20 percent from Q3 of 2011 when it reported revenues of $81.5M.

Demand 153

Demand Media Report Sites 153

socalTECH

APRIL 23, 2013

Deapartment of Energy reported Monday that the hybrid auto maker failed to make a $10 million payment on a government loan. According to a report from the Los Angeles Times, the payments were due to pay down about $192M borrowed under the DOE''s Advanced Technology Vehicles Manufacturing Loan Program. READ MORE>>.

Technical Review 140

Technical Review Report Los Angeles Sales 140

socalTECH

NOVEMBER 3, 2011

clean technology deals were up in Q3 of 2011, according to a new analysis published by Ernst & Young this week. California led the nation in cleantech investment in 2011 with $1,738.2 The report did not divide investments between Southern California and Northern California companies. Investments in U.S.,

Study 153

Study Invest Technology Southern California 153

socalTECH

JUNE 7, 2011

Proving that the market for the right domain name continues to be strong, Moniker and SnapNames , the domain name auction sites owned by Los Angeles-based Oversee.net , reported that they sold the domain Data.com for more than $1.5M The firm said it sold the domain for an amount that "significantly exceeds" the $1.5M

Oversee.net 238

Oversee.net Sales Los Angeles Pricing 238

socalTECH

JUNE 2, 2017

Paul Allen founded Stratolaunch in 2011. Stratolaunch's neighbor, Virgin Galactic, also reported progress on its flight testing this week , and LA rocket firm SpaceX is on the verge of yet another launch of a mission to the International Space Station, with another launch attempt on Saturday.

Southern California 113

Southern California SpaceX Design Platform 113

socalTECH

AUGUST 19, 2013

The move comes on reports that Beats Electronics is looking for another, different investor in the company. Beats and HTC announced a $300M deal in August of 2011, focused on helping Beats to penetrate the mobile market via the deal with HTC. READ MORE>>. beats electronics audio speakers headphone mobile phone'

Mobile 164

Mobile Los Angeles Report Help 164

socalTECH

FEBRUARY 13, 2012

Los Angeles-based OpenX , the developer of online advertising serving software, reported today that it has achieved its first full quarter of profitability, and is has exceeded an annual run rate of $100M. OpenX, which is headed by Tim Cadogan, said it served more than one trillion ad impressions during 2011.

OpenX 174

OpenX Advertising Web Los Angeles 174

socalTECH

JUNE 4, 2012

Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011. The deal was worth $380M in cash. Elo Touch was based in Menlo Park, California.

Screening 140

Screening Company Companies Equity 140

socalTECH

AUGUST 5, 2011

Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software headed by Adam Miller, is continuing its growth trend, saying in its Q2 2011 financial results that the firm had a 65 percent, year-over-year increase in its gross revenues. The firm reported revenues of $17.4M

Cornerstone OnDemand 140

Cornerstone OnDemand Santa Monica Resource Report 140

socalTECH

NOVEMBER 4, 2013

Electric bus maker BYD is on the defensive, after a recent report which says that BYD--despite huge fanfare over its creation of a bus manufacturing plant in Lancaster--employs less than 40 workers here, and has been under investigation for importing Chinese workers and paying them at less than minimum wage. READ MORE>>.

Lancaster 153

Lancaster Los Angeles Design Report 153

socalTECH

JANUARY 6, 2012

San Luise Obispo-based Shopatron , the developer of e-commerce software for brand manufacturers, reports today that it added a total of 85 new clients in the sporting goods industry during 2011. The firm said those clients included K2, Rossignol, Powderhorn, Quickpoles, Academy Snowboard, and Bolle, among many others.

Commerce 196

Commerce Sales Competition Report 196

socalTECH

SEPTEMBER 22, 2014

Fullscreen was founded in January of 2011. Los Angeles-based Fullscreen Network is being acquired by Otter Media , a joint venture of AT&T and The Chernin Group, in a deal which is reportedly worth between $200M and $300M. Exact terms of the buy were not announced. READ MORE>>.

Networking 100

Networking Content Acquisition Los Angeles 100

socalTECH

MAY 13, 2011

Santa Monica-based Cornerstone OnDemand , the newly public developer of talent and learning management software, has reported its first quarter 2011 results, saying it saw a 63 percent, year-over-year increase in revenues for the first quarter. The firm said it had a total revenue of $15.7M for the quarter. READ MORE>>.

Cornerstone OnDemand 153

Cornerstone OnDemand Software Review Santa Monica Report 153

socalTECH

SEPTEMBER 17, 2012

A report today says that airline JetBlue is expected to announce the details of its new, in-flight wireless service which taps the service of Carlsbad-based satellite communications provider Viasat. The wireless service is expected to debut in the first quarter of 2013. READ MORE>>.

Email 159

Email Report Services Networking 159

socalTECH

JULY 6, 2011

The firm reported 875,000 paid Hulu Plus subscribers as of June 2011, up from less than 250,000 six months ago, in December of 2010. Kilar said Hulu is "on pace to approach" half a billion in revenues in 2011. per month, with the remainder of the payout to content providers coming from advertising revenue. READ MORE>>.

Hulu 150

Hulu Content Advertising Los Angeles 150