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Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

TechCrunch LA

It’s a sign of the distributed nature of renewable energy development and a transition from large-scale power generation projects feeding into utility grids at their edge to smaller, point solutions distributed at the actual points of consumption.

Develop 322
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Los Angeles Web Developer

SoCal CTO

He was struggling to find high quality developers in Los Angeles. Just the kind of person I like to meet. :) But I was a bit surprised when he emphasized how hard it had been for them to find a web developer in Los Angeles. Or at least not development to any depth. It’s a pretty active, but very private network.

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OpenDrives Picks Up $20M For Network Attached Storage

socalTECH

Los Angeles-based OpenDrives, a developer of network attached storage (NAS) products for the enterprise, said on Thursday that it has raised $20M in a Series B funding round. According to the company, the new funding will go to grow the company and accelerate product development. The company has now raised $30M in total.

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Tech Coast Angels Backs Influenza Treatment Developer

socalTECH

The Tech Coast Angels , the largest angel investment group in Southern California, has backed a developer of treatments for the flu., Gemmus Pharma is based in San Francisco; the firm did not announce who at the Tech Coast Angels led the deal. funding round. funding round. READ MORE>>.

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Valence Connects With $2.5M For Black Social Networking

socalTECH

Los Angeles-based Valence , which is developing a social network specifically for black professionals, has raised $2.5M The funding was led by Upfront Ventures, and also included funding from Sinai Ventures, Human Ventures, High Alpha and angels Paul Judge, Peggy Alford and Willie Alford. READ MORE>>.

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EVgo Expands Business Development Team

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo has named two new executives to its business development team, the company said on Monday. According to the company, it has named Colin Murchie as Senior Director of Business Development, and Lars Peters as Director of Business Development.

Develop 113
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URB-E Gets $5M For Urban Delivery Network

socalTECH

Los Angeles-based URB-E, a startup developing a "last mile" urban delivery network based on containers and bicycles, has raised $5M in a Series A funding round, the company said today. According to the company, the funding was led by UBS Group.