UC Riverside Student Team Wins GEICO Hackathon
socalTECH
NOVEMBER 22, 2019
A team from the University of California, Riverside has scored the top prize in a "hackathon" run by insurance company Geico.
Be Green Packaging Acquired By The Riverside Company
socalTECH
FEBRUARY 4, 2014
Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.
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Ice Energy Wins Deal In Riverside
socalTECH
MARCH 13, 2015
Santa Barbara-based Ice Energy , a developer of energy storage technology, reports that it has scored a win with Riverside Public Utilities. The company''s systems will be used to reduce peak energy usage for the City of Riverside. iceenergy energy cleantech power storage conditioning riverside' READ MORE>>.
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Ice Energy Opens R&D Center In Riverside
socalTECH
AUGUST 5, 2015
Santa Barbara-based energy storage technology developer Ice Energy announced today that it is opening up a new, research and development center in Riverside, with plans to immediately hire 12 at the location. Ice Energy said the move comes due to grants and incentives from Riverside, as well as the University of California, Riverside.
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SolarCity Expands In Riverside With New Operations Center
socalTECH
APRIL 30, 2013
operations center in Riverside, with big hiring plans in the location. Unlike the widespread pain being felt by solar panel manufacturers, SolarCity--one of the companies started by Elon Musk--has actually done well, sidestepping the bloodbath of falling solar panel prices and a glut of Chinese solar panels. READ MORE>>.
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Massage-on-demand company, Soothe, raises $31 million
TechCrunch LA
MAY 2, 2018
The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. The former CFO of MarketShare, Heyrick has helped the company expand to over 11,000 massage therapists in its network.
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OneRoof Energy Teams With UC Riverside On Technology Testing
socalTECH
FEBRUARY 24, 2016
San Diego-based residential solar provider OneRoof Energy said today that it has signed an agreement with the University of California, Riverside , to work on testing of next generation photovoltaic products. OneRoof Energy said it plans to use those tests to qualify products that it will offer through the company. READ MORE>>.
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Groups Join To Promote Innovation, Entrepreneurship in Riverside County
socalTECH
MAY 18, 2012
A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort. The groups have not outlined their agenda for the effort yet.
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Netwatch Creates New Company, Rolls Up Security Monitoring Companies
socalTECH
APRIL 24, 2018
Lake Forest-based Netwatch said today that it has launched a new company, comprised of four visual monitoring companies in the video security area. The new company is backed by private equity funding from The Riverside Company. Financial details of the rollup were not announced. READ MORE>>.
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100 EDF Renewables North America Inks Renewable Energy Investment From Munich Re
socalTECH
DECEMBER 21, 2022
San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. The renewable energy projects will be built in Riverside County, California.
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ZIPHOMECHEF Aims Efforts At Expanding Local Microkitchens
socalTECH
OCTOBER 13, 2020
Riverside-based ZIPHOMECHEF , a startup which helps enable licensed, microenterprise home kitchen operations (MEHKO), says it is looking to help create jobs and deliver meals to local communities in Riverside County, California. The startup says it has so far delivered over 50,000 meals over the past two months.
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113 Helicoid Industries Finds $2.4M
socalTECH
SEPTEMBER 24, 2020
Helicoid is a spinout of the University of California Riverside. UC Riverside licensed out the technology for Helicoid in March of 2019, to commercialize their bio-inspired patented helicoid architecture for use in composite materials. READ MORE>>.
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FarmSense Harvests $2.2M In SBIR Funding
socalTECH
NOVEMBER 23, 2021
Riverside-based FarmSense, a developer of "smart sensors" for the agriculture market, has raised $2.2M According to the company, the funding will go to ongoing biosecurity research, including the impact of Japanese Beetles and Gypsy Moths as invasive species. in Small Business Innovation Research (SBIR) funding.
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WurkNow Gets $10M
socalTECH
SEPTEMBER 20, 2021
Riverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach. The company is led by CEO and co-founder Sammy Singh.
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EDF Renewables Completes Two Solar Projects
socalTECH
JANUARY 20, 2021
San Diego-based EDF Renewables North America has completed two solar projects, according to the company. MWdc) Solar Project, both part of the Panel Solar project in Riverside County. According to EDF Renewables, it has completed the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9
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113 FarmSense Launches Automated Insert Monitoring System
socalTECH
AUGUST 19, 2020
Riverside-based FarmSense has launched an artificial intelligence-powered, automated, pest monitoring system, aimed at helping farmers monitor insects to make crop and pest control decisions. The company--which has received $7.5 The company--which has received $7.5 The company's co-founders are Eamonn Keogh and Shailendra Singh.
Deckard Technologies Finds $4M For AI Property Tax Software
socalTECH
SEPTEMBER 16, 2019
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000. READ MORE>>.
EDF Renewable Energy Partners On 186 Megawatt Solar Project
socalTECH
DECEMBER 16, 2016
San Diego-based solar and clean energy project developer EDF Renewable Energy said Thursday that it has signed a 20-year power purchase agreement (PPA) to tap into a 186 megawatt power project being build in Riverside County. According to the company, the agreement is with non-profit public electricity provider MCE.
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Soothe Scores $10.6M For On Demand Massage Service
socalTECH
AUGUST 13, 2015
for an on-demand, massage service, the company said this week. The funding was led by The Riverside Company. Los Angeles-based Soothe has raised $10.6M Soothe currently lets customers in the Los Angeles and a few other areas book a massage from a network of independent massage therapists. The startup is led by Merlin Kauffman.
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Clearlake Capital Sells Calero Software
socalTECH
SEPTEMBER 13, 2017
Santa Monica-based private equity investor Clearlake Capital announced today that it has sold off one of its portfolio firms, Calero Software , to private equity investor Riverside Partners. Clearlake created Calero in 2013, when it rolled up three companies--Veramark Technologies, PINNACLE, and Movero--into a single entity.
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Soothe Scores $31M For On Demand Massages, But Moves To Vegas
socalTECH
MAY 2, 2018
Soothe , which provides on-demand access to certified massage therapists, has raised $31M in a new funding, the company said on Wednesday, but has shifted its headquarters out of Los Angeles and moved to Las Vegas. According to the company, the funding came from The Riverside Company.
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Soothe Score $31M For On Demand Massages, But Moves To Vegas
socalTECH
MAY 2, 2018
Soothe , which provides on-demand access to certified massage therapists, has raised $31M in a new funding, the company said on Wednesday, but has shifted its headquarters out of Los Angeles and moved to Las Vegas. According to the company, the funding came from The Riverside Company.
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100 Roofstock Launches Real Estate Marketplace In Los Angeles
socalTECH
MAY 11, 2017
Roofstock , a startup which operates an online marketplace that lets investors purchase homes online as investments, has launched in Los Angeles, the company said on Thursday. The company said Los Angeles is its 14th market. Roofstock already offers up its services in the Riverside/San Bernardino area. READ MORE>>.
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133 Bourns Buys Assets From Transtek
socalTECH
NOVEMBER 8, 2016
Riverside-based Bourns , a manufacturer and supplier of electronic components such as speed sensors, magnetic components, circuit protection, and other components, has acquired assets from Transtek , the company said Monday.
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138 Soothe Expands On Demand Massages To London
socalTECH
JANUARY 26, 2017
The company says its services are now available in 51 cities, across the United States, Canada, and now the UK. Soothe, which is led by CEO Merlin Kauffman, is backed by The Riverside Company. London is its first foray into the United Kingdom. READ MORE>>.
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100 University of California Plans $250M Venture Capital Fund
socalTECH
SEPTEMBER 16, 2014
The fund would seek to invest in companies started on campus, from University research, and from students. The University of California has ten campuses, of which half of them are in Southern California, including UC Irvine, UCLA, UC Riverside, UC San Diego, and UC Santa Barbara.
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223 Bourns Buys Komatsulite Mfg. Co.
socalTECH
DECEMBER 4, 2014
Riverside-based electronic components manufacturer and supplier Bourns has acquired Japanese company Komatsulite Mfg. a developer of safety devices for the rechargeable lithium-ion battery market, the company said Wednesday. Financial terms of the buy were not disclosed.
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Amazon Opening Another New Warehouse In Inland Empire
socalTECH
MAY 25, 2016
Amazon.com said it is opening up a fulfillment center in Eastvale--which is just west of Riverside along with another center in Northern California, in Tracy. The company said the two centers will create more than 1,500 new full time jobs.
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Zillow Expands Home Buying Service To LA, OC
socalTECH
DECEMBER 9, 2019
Online real estate site Zillow is expanding its home buying service, Zillow Offers , to the Los Angeles and Orange County markets, saying this morning that it will now let homeowners sell their homes directly to the company, to avoid the hassles of selling their home. percent more than Zillow's offer. READ MORE>>.
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Competition For Amazon's Next HQ Reach Fevered Pitch: 238 Proposals
socalTECH
OCTOBER 23, 2017
a proposal from The Irvine Company for an HQ in Orange County ; a separate effort in Riverside County ; a proposal from Oxnard for a HQ in Ventura County ; among others. READ MORE>>.
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Soothe Picks Up $35M More For On Demand Massage Service
socalTECH
MARCH 10, 2016
Los Angeles-based on-demand, massage service Soothe has raised another $35M in funding to expand its service into more cities, the company said on Thursday. The funding came from the Riverside Company. The company offers up flat rate pricing on massages, starting at $99.00 for a 60 minute massage.
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100 TruTouch Technologies Ups Series B-1 To $4.3M
socalTECH
JANUARY 31, 2013
Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies , which develops biometric, alcohol detection systems, said today that it has raised $4.3M According to TruTouch, the funding will go towards bringing the company to profitability. in its Series B-1 funding round. TruTouch is led by Richard D.
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Bourns Buys Business From Murata
socalTECH
JANUARY 15, 2016
Riverside, California-based electronics components manufacturer Bourns has acquired the trimmming potentiometer business of Murata Manufacturing Co., the two said Friday. Financial details of the acquisition were not disclosed. Bourns said it acquired specific assets of that business, with transfer of those assets to begin in early 2016.
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100 A Tale of Three Cutting-Edge Cities
Tech Zulu Event
MARCH 3, 2014
Just ask Riverside, California. In other words, the good intentions from Riverside officials have resulted in a costly, and failed, experiment on the taxpayer’s dime. Riverside isn’t alone in seeing its municipal Wi-Fi dreams struggle. Back in 2006, the city set out to build a municipal Wi-Fi network for its citizens.
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Gen-Probe Buys GTI Diagnostics
socalTECH
DECEMBER 16, 2010
GTI was owned by private equity firm Riverside Company and other investors. San Diego-based Gen-Probe has acquired GTI Diagnostics , a specialty diagnostics firm focused on the transplantation, blood bank and specialty coagulation markets, the firm said Wednesday. The deal was worth $53M in cash.
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Nirvanix, Luminex Tie On Mainframe Cloud Storage
socalTECH
AUGUST 7, 2012
San Diego-based cloud storage provider Nirvanix and virtual tape storage products firm Lumnix , whcih is based in Riverside, said today that they have teamed to ship a cloud-based, tape storage product aimed at the mainframe environment. The companies said the solution supports z/OS, z/VM, z/VSE, and S/390 operating systems.
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Water Planet Raises Series B Funding
socalTECH
AUGUST 31, 2015
As part of the funding, the company said it has changed its name dfrom Water Planet Engineering, LLC to Water Planet, Inc. Water Planet is led by Eric Hoek, the former UCLA and UC Riverside professor who created the membrane technology behind another, water filtering membrane startup, NanoH2O, which is now part of LG.
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Wilcon Buys Freedom Dark Fiber Networks
socalTECH
AUGUST 13, 2013
Wilcon said the move wil lmake the combined company one of the largest fiber optic networks in SOuthern California, adding nearly 3,000 route miles and 1,000 enterprise buildings to its portfolio.
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147 SendGrid Ties Into Azure Store
socalTECH
OCTOBER 31, 2012
SendGrid--whose three founders met at UC Riverside--handles transactional email delivery for application providers. The firm is based in Boulder, Colorado, but has major operations in Southern California, where the company's three founders reside.
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Five Area Firms Get DOE Funds for Concentrating Solar Power Research
socalTECH
MAY 7, 2010
Five, Southern California firms are among companies who are splitting up $62M in government funding for the research, development, and demonstration of concentrating solar power systems, according to an announcement by the U.S. for a new class of solar concentrators; and Riverside-based Terrafore receiving up to $1.4M
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Newest Free Wi-Fi Hangout: FedEx Office
socalTECH
OCTOBER 6, 2010
The company said the move will "help busy professionals connect to the Internet" saying that its location are "conducive to working on the go." According to FedEx Office, AT&T will be providing free wireless access in 1,000 of its FedEx Office Print & Ship Center locations in the U.S., with rollout to all of the firm's U.S.
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153 Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation
socalTECH
DECEMBER 26, 2018
In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.
Reflections On 2019: Andy Wilson, Alliance for SoCal Innovation
socalTECH
DECEMBER 30, 2019
What was the biggest news for you/your company this year? Given my fascination with this sector (I also happen to serve on the board of a municipal utility), I have watched with great curiosity an Idealab portfolio company Energy Vault (initially named Energy Cache) evolve over the last decade.
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140 LG Thrill 4G Review | 3D And A Whole Lot More
Tech Zulu Event
OCTOBER 11, 2011
Some people are opposed to having companies overlay android rather then leaving it as a pure google experience but it honestly doesn’t bother me that much. I was able to test out the Thrill 4G all over Los Angeles, Orange County, Riverside County, and San Jose, CA. Out of the Box the LG Thrill 4G runs Android 2.2
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