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NewEgg Opens Up Retail Location At Warehouse In City of Industry

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Los Angeles-based electronics e-commerce giant NewEgg said last week that it is opening up a new, retail location, called the Neweggg Hybrid Center , which will let customers demo technology and digital lifestyle products. The new, retail location is attached to NewEgg''s local warehouse in the City of Industry.

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Proterra Raises $140M To Ramp Production, Hiring In Los Angeles County

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Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing. The funding was managed by J.P.

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NewEgg Pulls IPO

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City of Industry-based online electronics retailer NewEgg has pulled its IPO, the firm said in a filing with the SEC late Friday. In the filing, the firm said that it "determined not to proceed with the initial public offering" but did not give any explanation. NewEgg had filed for an IPO in September of 2009. READ MORE>>.

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Southern California Linked IPOs Grow

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The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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Tech Firm Ties With Dodgers

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The Los Angeles Dodgers are announcing a deal today with Taiwanese PC maker MicroStar International --which has its U.S. headquarters in the City of Industry--which will include both branding of a Dodgers limited-edition PC netbook, plus usage of MSI's PCs throughout the Dodgers operation. area sports team.

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Southern California Firms Queue Up For The Public Market

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So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.