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EVgo Acquires Recargo For $25M

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Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. Recargo was based in El Segundo. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment.

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TS2 Holdings Acquires Three Companies, Including Neohire South, Hero.jobs

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Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. TS2 Holdings' offices are in El Segundo, and the company is an arm of Japanese staffing giant Persol Group.

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The OIX Names Laurence Sotsky As CEO

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El Segundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. According to The OIX, Sotsky was selected after an extensive search in Los Angeles. READ MORE>>.

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The OIX Names Laurece Sotsky As CEO

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El Segundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. According to The OIX, Sotsky was selected after an extensive search in Los Angeles. READ MORE>>.

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Slingshot Aerospace Names New CEO

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El Segundo-based Slingshot Aerospace, which develops software which aggregates information from satellites, ground-based sensors, and more to help with situational awareness, has named Melanie Stricklan as its new CEO. Stricklan is one of the company's co-founders, and was most recently serving as Chief Strategy Officer.

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Slingshot Aerospace Wins $6M Air Force Award

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Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC). READ MORE>>.

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Southern California Companies Have Healthy Showing In Deloitte Fast 500

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Among the highest ranked in the annual program was OpenX Software , based in Pasadena, which had a 44,075% five year growth rate, which was ranked at number 5 in the nation, based on its fiscal revenue growth rate from 2008 to 2012.