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Avetta Merges With BROWZ

socalTECH

Irvine-based Avetta , a provider of supply chain management software, has merged with another supply chain risk management company, BROWZ , the companies said this week. Avetta is owned by private equity investor Welsh Carson Anderson & Stowe. The combined company will be led by John Herr, the CEO of Avetta.

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Kurtzman Carson Consultants Acquired By Computershare

socalTECH

Los Angeles-based Kurtzman Carson Consultants LLC , a provider of administrative-support services and technology to companies undergoing Chapter 11 bankruptcy or corporate restructuring, has been acquired. Tags: technology merger kurtzman acquisition carson consultants.

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Ford Cancels Rivian Electric SUV Plans

socalTECH

Ford has cancelled an electric SUV it had planned to develop using technology from electric truck developer Rivian , as the automaker has gone into survival mode due to a massive impact from the ongoing pandemic. Rivian has offices in Irvine and Carson, California, although its headquarters are in Michigan. Rivian received $1.3

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Dynavax Co-founder Takes Long View on Vaccine Development

Xconomy

The reaction on Wall Street was a little anticlimactic after the FDA approved a new hepatitis B vaccine last month for Berkeley, CA-based Dynavax Technologies (NASDAQ: DVAX ). In the days following the company’s Nov. Many investors sold stock on the news. a share to $18.45

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DriveCam Opens Office In The UK

socalTECH

San Diego-based DriveCam , the developer of monitoring technology for driving fleets, said today that it has opened up a new office in London. The firm is backed by such companies as JMI Equity, Insight Ventures, Insight Venture Partners, Triangle Peak Partners, and Welsh, Carson, Anderson & Stowe. READ MORE>>.

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DriveCam Raises $85M, Acquires Firm

socalTECH

San Diego-based DriveCam , a provider of video-based products used for monitoring driver safety, announced today that it has raised $85M in a funding from a private equity firm, and also acquired a company, RAIR Technologies. The funding came from Welsh, Carson, Anderson & Stowe XI, L.P.

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23 Million Views – Startup Content Goes Mainstream

InfoChachkie

They eventually turned the failing, four-store cosmetics chain into a global, public company. During Mark's tenure, Citrix has grown from 50 employees and few million dollars of revenue to a company of over 10,000 employees, generating revenue in excess of $3.1 Certainly not I when I took over the program three years ago.

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