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AeroVironment Releases New EV Charger Product

socalTECH

Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. According to AeroVironment it has launched a new product, ConnectRx, as part of its PosiCharge ProCore line of electric forklift chargers.

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AeroVironment Sells EV Charging, Test Business To German Company For $35M

socalTECH

Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M.

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Green Dot Plans Mobile Banking Product

socalTECH

Monrovia, California-based Green Dot , the provider of prepaid cards, is getting set to launch a new, mobile bank account product, the firm said Wednesday afternoon. The firm said it will be launching the product on Tuesday, January 15th. The firm has not yet announced any details of the new product. READ MORE>>.

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Covisus Collects Series A

socalTECH

Monrovia-based Covisus, a developer of supply chain tracking products, said this week that it has raised a Series A funding. The company said it has developed "covert" item-level supply chain tagging technology, which places tracking information into the "intrinsic surface texture" of the item. Naresh Menon is CEO of Covisus.

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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 says it has now raised $30M in total, including an earlier, $12M seed funding last year. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year.

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Walmart Launches GoBank With Green Dot

socalTECH

In a move which will not surprise anyone familiar with Monrovia, California-based Green Dot , the company''s mobile banking service, GoBank , has been launched by Walmart. Financial details of the deal between the two companies were not announced.

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Parasoft Takes On Continuous Testing

socalTECH

Monrovia, California-based Parasoft , which develops software testing tools, has launched a new product aimed at the automated, continuous testing market. The company said it has released a new API Testing Solution, which can be used as part of continuous integration and release efforts. READ MORE>>.

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