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Rocket Lab Wins NASA Lunar Mission

socalTECH

Long Beach-based Rocket Lab says it has scored a contract from NASA, to launch a payload to the moon. The NASA funded mission will place a 55 pound satellite into lunar orbit, as part of a mission by NASA to establish a long term presence on the Moon. Financial details of the win were not announced.

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Cargomatic Collects $35M

socalTECH

Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.

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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

socalTECH

in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. in funding in Q3, down from the much larger, $2.5 billion in funding received in the region in Q2. Q2 fundings in Southern California were much higher, due to a giant $1.27 READ MORE>>.

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With a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LA

TechCrunch LA

With an angle on a long-neglected part of the shipping industry — the short-haul movement of cargo from docks to logistics centers — Dray Alliance is joining a growing startup scene for logistics businesses based in Los Angeles. Trucking logistics company NEXT Trucking takes in a $21 million haul. The company has raised $3.5

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Apriso Wins Boston-Power

socalTECH

Long Beach-based Apriso , a developer of software used for managing manufacturing operations, reported today that it has been selected by Boston-Power. Apriso is funded by Brentwood Venture Capital, CMEA Capital, LogiSpring, SAP Ventures and Wall Street Technology Partners LP. READ MORE>>.

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Apriso: Strong Growth From Cleantech, Recovery of Economy

socalTECH

Long Beach-based Apriso , a privately held firm developing manufacturing software, said today that it saw "strong customer growth" in the quarter from manufacturers in the solar, fuel cell, and battery industries. The firm did not provide any actual financials. Apriso's software is used for managing supply chains.

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Apriso Claims Record 2009 Revenues

socalTECH

Long Beach-based Apriso , a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners.

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