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Monrovia-based Soliant Energy , a developer of concentrated solar energy systems, announced this morning that it has added Ben Jamison as the firm's new Vice President of Marketing. The firm said that Jamison will be responsible for all marketing related activities at the company. READ MORE>>.
On the heels of the much heralded IPO of Silicon Valley electric car darling Tesla Motors today on the NASDAQ, investors are now looking to what other firms might benefit from the electric vehicle market--and what appears to be a growing appetite for IPOs.
In a bid to gain better market share among developer, Monrovia, California-based Parasoft announced Tuesday that it will begin giving out free access to its entire suit of test automation software to open source developers. READ MORE>>.
Monrovia, California-based biopharmaceuticals developer Xencor has filed for an IPO, saying in a filing this morning that it looking to raise up to $69.0M Xencor said it is has applied to trade as XNCR on the NASDAQ Stock Market. in its initial public offering. Stafford, III. READ MORE>>.
Monrovia-baesd Tanner EDA , the developer of mixed signal electronic design automation software, said today that it has expanded its presence in the Chinese market, and has signed up a new sales and support partner. NewPlus also represents firms such as Synopsys, Atrenta, and others in the market. READ MORE>>.
Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The company plans to trade on the NASDAQ Global Market as XNCR. The company develops biopharmaceuticals technology. and $16.00 and $16.00
Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.
Monrovia-based Xencor , the developer of biopharmaceutical technology headed by Bassill Dahiyat, delayed its IPO Friday, citing poor market conditions for the offering. The company had hoped to IPO on the NASDAQ Global Market. The company is backed by MedImmune Ventures, HealthCare Ventures, and others.
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>>.
Monrovia-based Soliant Energy , a developer of solar concentrators, is opening up its new pilot production plant in Monrovia today, saying that the plant will produce up to 1 megawatt of solar panels annually. Soliant's solar concentrators are targeted at the commercial rooftop market. READ MORE>>.
Monrovia-based biopharmaceuticals developer Xencor said this morning that it has priced its IPO, at $5.50 per share, and will start trading today on the NASDAQ Global Market as XNCR. Xencor sold 12,730,000 shares of its common stock in the IPO. Xencor was venture backed by MedImmune Ventures, HealthCare Ventures, and others.
Monrovia-based Soliant Energy , a developer of solar concentrators targeted at the commercial market, announced today that it has named a new CEO and Chairman, Dr. Terry Bailey. Bailey joins from Evergreen Solar, where he was Senior Vice President, Marketing and Sales. Bailey replaces Marco DeMiroz.
Monrovia-based Ondax , which develops laser products and holographic gratings used in defense, industrial, medical diagnostics, analytical instrumentation, and consumer electronics markets, has added Andrea Belz to its board, the firm said Monday.
Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile social networking firm Loopt. in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team. Green Dot said it will pay $43.4M
Monrovia, California-based Xencor , the biopharmaceuticals technology developer headed by Bassil Dahiyat, has set its IPO pricing range, saying today in a regulatory filing that it is expecting to price its IPO at between $14.00 The company is looking to trade as XNCR on the NASDAQ Global Market. and $16.00
Monrovia, California-based electric vehicle charging developer Aerovironment has added a big new customer for its charging station installation service today: Ford Motor Company.
Monrovia-based Soliant , the developer of concentrating photovoltaic solar panels, reported an install in Chatsworth today, saying it has installed its systems on the roof of MBK Tape Solutions, a firm which fabricates adhesive tape and flexible materials. Soliant said the system generates 10kW of grid-connected electricity.
Monrovia, California-based AeroVironment , the developer of unmanned aerial vehicles and electric vehicle charging systems, said late Tuesday that it has named Tom Herring as the firm's Chief Operating Officer. Herring was previously Senior Vice President and General Manager of the firm's UAS division. READ MORE>>.
The firm develops prepaid cards and electronic wallet products as well as other related payment products. Wave Crest looks to be in the same, prepaid payment card sector as Monrovia-based Green Dot, which is expected to hit the public markets very soon in its IPO. According to Wave Crest today, it raised $8.5M
Ecotality , one of the competitors of local car charging developer Aerovironment , has filed for Chapter 11 bankruptcy, after facing issues with locating long term financing. Ecotality makes the Blink and Minit Charger brands of charger for electric cars, which competes against Monrovia-based Aerovironment''s EV Solutions unit.
Monrovia, California-based Aerovironment , which develops unmanned aerial vehicles (UAVs) for the military and other markets, reported a win this week with the Royal Canadian Navy. Financial details of the contract were not announced.
Monrovia, California-based Aerovironment , which develops unmanned aerial vehicles (UAVs) for the military market, reports that it has received a $13M contract from the United States Air Force. According to AeroVironment, the new contract award covers support of Latin America and Caribbean nations with its RQ-11B Raven drone.
Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company is developing an imaging chip aimed at the machine vision market, used in such areas as mobility, industrial machine vision, robotics, augmented reality, and consumer applications.
Monrovia, California-based Soliant Energy has scored $21M in a venture capital round, including a $2.5M Soliant Energy is developing rooftop concentrators for the solar power market. investment from GE Energy Financial Services, GE said Tuesday. READ MORE>>
Ever since the huge success of Monrovia-based Green Dot in its IPO last year, netting a huge return for local angels, investors here have taken a second look at financial startups. Jonathan Cooper: I had been in the financial area, and I had also been involved in advising middle market companies on strategy. What's your background?
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