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WestlakeVillage-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital.
WestlakeVillage-based WaveConnex , an early stage startup developing wireless technology based on millimeter-wave, 60Ghz signals, has raised $2.0M The company, which is based on technology developed by UCLA professor Frank Chang, includes the notable involvement of billionaire and Abraxis founder Patrick Soon-Shiong.
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. The purpose was to deliver high value jobs.
WestlakeVillage-based Seven Lakes Technologies , a developer of enterprise software for the oil and gas industry, raised $20M in a Series A funding round earlier this year. The funding came from Carrick Capital Partners. Jim Madden and Steve Unterberger of Carrick Capital both join the company's board.
Wednesday, May 2, 2012 -- Emerging Technologies in Aerospace and Defense. Technologies that sound like science fiction when new pilotless drones, carbon fiber jetliners, private flights into space quickly become routine. What technologies will affect the outlook for this vitally important component of Californias economy?
WestlakeVillage-based Ember Technologies , the maker of a temperature controlled, thermal mug, has raised $13M more in funding, the company disclosed today. Source of the funding was not announced.
Gevo , the biofuels startup spawned out of technology from the University of California, Los Angeles and Caltech, has set an offering range for its IPO. Gevo is venture backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, Malaysian Life Sciences Capital Fund, and LANXESS, among others.
Row 44 / John Guidon / WestlakeVillage - Guidon sold his last firm--Comcore Semiconductor--back in 1998 to National Semiconductor, for a substantial gain. His new site, Mahalo, is focused on people-based, online search, with backing from Seuqoia Capital and Elon Musk, among others. com, and was CEO of Vivendi Universal Net USA.
Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , WestlakeVillage-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.
CoverHound , the online insurance shopping marketplace with offices in WestlakeVillage, apparently raised a funding round, according to what appears to be a broken embargo by a Silicon Valley technology news site. Coverhound's offices are split between San Francisco and WestlakeVillage.
WestlakeVillage-based Interlink Electronics said on Wednesday afternoon that it has named David S. Interlink says Burnett has also been appointed CFO of BKF Capital Group, and OTC traded company which owns 11.93 Interlink says Burnett has also been appointed CFO of BKF Capital Group, and OTC traded company which owns 11.93
WestlakeVillage-based Eta Compute , a company developing machine learning software for embedded devices like mobile phones, has named Dr. Ted Tewkbury as its new CEO. Eta Compute's backers include Lip-Bu Tan, Chairman of Walden International and General Partner of WRVI Capital, who sites on Eta Compute's board. READ MORE>>.
WestlakeVillage-based Ember Technologies, best known for its temperature-controlled mugs, said today that it has raised $23.5M The funding was led by GOLDTek Technology, a subsidiary of Foxconn Technology Group, and also included EDBI and others. in a Series E funding round.
The next IPO of a technology company with Southern California roots is expected next week, as SendGrid now appears to be planning its IPO, on Wednesday, November 15th. SendGrid is venture backed by Bain Capital Ventures, Bessemer Venture Partners, Foundry Group, and Highway 12 Ventures. and $15.50 per share.
WestlakeVillage-based Aspyra said Tuesday afternoon that the firm is voluntarily delisting its common stock from the AMEX. Aspyra is a provider of health care information technology services and products, specifically clinical information systems and archiving products for hospitals, clinics, laboratories, and others.
WestlakeVillage-based Inphi , a developer of high speed, analog semiconductors, announced today that it has hired on a new VP of Operations, Atul Shingal. The firm is venture backed by Tallwood Venture Capital, Mayfield Fund, Walden International, and others. READ MORE>>.
WestlakeVillage-based warehouse robot developer inVia Robotics, which is led by Lior Elazary, says that it has raised $30M in a Series C funding round. The funding came from Microsoft's venture capital fund, M12, as well as Qualcomm Ventures, Hitachi Ventures, the corporate venture arm of Hitachi, Ltd.,
WestlakeVillage-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. and others.
WestlakeVillage-based Interlink Electronics , a developer of force sensors and other technology in the "human-machine" interface area, says that its CFO, David S. According to Interlink, Bronson remains CFO of an OTC pink sheets traded company, BKF Capital Group, which owns 13.5 According to the firm, its CEO, Steven N.
Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.
WestlakeVillage-based Eta Compute , a developer of technology for energy efficient artificial intelligence processing, has raised $12.5M in a Series C funding. The company says it has now raised $31.9M The funding was led by Synaptics Incorporated, as well as existing investors.
WestlakeVillage-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.
Southwest Airlines has begun testing its Wi-fi service, the firm said today, tapping WestlakeVillage-based Row 44 for equipment. The firm said that it will be testing the technology over the next few months, as it looks to allow its customers to tap into Internet access for free during the trial. READ MORE>>.
WestlakeVillage-based Ember Technologies , which develops a coffee mug that allows users to adjust the temperature of their cup of joe to whatever they want, has raised $8.5M Ember Technologies' Founder and CEO is Clay Alexander. in a funding round, according to the company. READ MORE>>.
But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. WestlakeVillage BioPartners is launching today with $350 million in committed capital. Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment.
The company just raised $6M in a Series A funding, led by Pelion Venture Partners, and also included Next Ventures, First Trust Capital Partners, The Daube Family office, Crosscut Ventures, M25 Group, Wild Ventures, and Hyde Park Venture Partners. Guy Friedman: I'm a startup guy, I had a previous startup in the educational technology space.
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