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NZXT Gets $100M For Gaming PCs

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City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners.

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Proterra Raises $140M To Ramp Production, Hiring In Los Angeles County

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Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing.

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Southern California Linked IPOs Grow

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In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.