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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company is developing an imaging chip aimed at the machine vision market, used in such areas as mobility, industrial machine vision, robotics, augmented reality, and consumer applications.

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Soliant Energy Names Marketing VP

socalTECH

Monrovia-based Soliant Energy , a developer of concentrated solar energy systems, announced this morning that it has added Ben Jamison as the firm's new Vice President of Marketing. The firm said that Jamison will be responsible for all marketing related activities at the company. READ MORE>>.

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

socalTECH

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

socalTECH

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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Soliant Opens Pilot Plant

socalTECH

Monrovia-based Soliant Energy , a developer of solar concentrators, is opening up its new pilot production plant in Monrovia today, saying that the plant will produce up to 1 megawatt of solar panels annually. Soliant's solar concentrators are targeted at the commercial rooftop market. READ MORE>>.

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Soliant Names New CEO

socalTECH

Monrovia-based Soliant Energy , a developer of solar concentrators targeted at the commercial market, announced today that it has named a new CEO and Chairman, Dr. Terry Bailey. Bailey joins from Evergreen Solar, where he was Senior Vice President, Marketing and Sales. Bailey replaces Marco DeMiroz. READ MORE>>.

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Soliant Gets Install Win In Chatsworth

socalTECH

Monrovia-based Soliant , the developer of concentrating photovoltaic solar panels, reported an install in Chatsworth today, saying it has installed its systems on the roof of MBK Tape Solutions, a firm which fabricates adhesive tape and flexible materials. Soliant said the system generates 10kW of grid-connected electricity.