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Eleven of Southern California's Firms In The Alternative Vehicle Market

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On the heels of the much heralded IPO of Silicon Valley electric car darling Tesla Motors today on the NASDAQ, investors are now looking to what other firms might benefit from the electric vehicle market--and what appears to be a growing appetite for IPOs.

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Ondax Raises $2M More

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Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.

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Green Dot Shares Hit By Amex, Walmart Deal

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Monrovia-based prepaid card provider Green Dot was being battered in the markets this morning, after Walmart and American Express announced a deal to create a new, prepaid card called Bluebird. Walmart and Amex said the new, reloadable prepaid card will have no monthly, annual, or overdraft fees and be distributed via Walmart's stores.

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Green Dot Up 22.2 Percent In IPO

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The firm had debuted on the market Thursday morning at $36.00 Based on shareholder filing, a number of Tech Coast Angels are reaping multi-million dollar stakes in the firm as a result of the IPO. READ MORE>>.

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Green Dot Up 20 Percent In Early Trading

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the markets this morning in its IPO, is up in early trading this morning on the NYSE. The firm is backed by Sequoia Capital, the Tech Coast Angels, TTP Fund, and the Tech Coast Angels. so far this morning. The IPO was underwritten by J.P.

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Green Dot Set To Debut This Week

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In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Green Dot is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angels. and $35.00 and $35.00 READ MORE>>.

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GRP Backs Payment Card Provider Wave Crest

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Los Angeles-based venture firm GRP Partners is backing a prepaid card firm, Wave Crest Holdings Limited , based in Gibraltar. Wave Crest looks to be in the same, prepaid payment card sector as Monrovia-based Green Dot, which is expected to hit the public markets very soon in its IPO.