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Evolution Robotics Sees Shortages On Strong Demand

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Pasadena-based Evolution Robotics , the robotics technology firm out of Idealab, reports today that its first foray into the commercial market is seeing strong sales demand.

Demand 157
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Energy Vault Finds $110M For Renewable Energy Storage Efforts

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Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning. READ MORE>>.

Idealab 124
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Xirrus Ranks Two In WSJ Top Startups List

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the domain name startup with links to Demand Media at number 14; Idealab's Ubermedia at number 16; Machinima in West Hollywood at number 21; San Diego's PatientSafe Solutions at 24; SmartDrive Systems at 25; and SocialVibe at number 23. That list included Laguna Hills-based Glaukos at number 7; Donuts Inc. ,

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Interview with John Delacruz, Foodme

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Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. Tell us a bit about the involvement of Idealab here? The firm so far has signed up a number of restaurants in the Pasadena area.

Idealab 217
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Perfect Market Unveils New Content Monetization Tool

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Altadena-based Perfect Market , the Idealab startup which develops software which helps traditional publishers monetize their archival and current content, said today that it has unveiled a new tool it is calling The Vault. Pricing on the new tool was not released.

Content 199
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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. READ MORE>>.

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Factual Gains Funding, Names Investors

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According to Elbaz, the firm has a number of very high profile investors backing the the firm, including Marc Andreessen and Ben Horowitz of Andreessen Horowitz, Bill Gross of Idealab, Danny Rimer of Index Ventures, Esther Dyson, the Founder Collective, Gunderson Dettmer, Lee and June Stein, former MySQL CEO Marten Mickos, Miramar Venture Partners, (..)