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DNAe Gets $51.9M Contract For DNA Sequencing Technology

socalTECH

Carlsbad- and London-based DNA Electronics , a developer of a semiconductor-based, DNA sequencing technology, says it has received $51.9M in a contract from the U.S. DNAe said the funding goes towards developing its platform for the rapid diagnosis of antimicrobial resistant infections and influenza.

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Resonant Reports Contract Win

socalTECH

Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.

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Ostendo Technologies Wins $58.3M Contract

socalTECH

Carlsbad-based Ostendo Technologies , a developer of solid state lighting and display technology, reported this morning that it has scored a $58.3M contract from the Air Force Research Laboratory. READ MORE>>.

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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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Maxwell Technologies Scores $7.01M Battery Contract

socalTECH

San Diego-based Maxwell Technologies reports this morning that it has received a $7.01M contract from the U.S. Advanced Battery Consortium (USABC), to develop advanced energy storage systems for power assist hybrid electric vehicles. DOE grants. READ MORE>>.

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MaintenanceNet Gets Private Equity Funding

socalTECH

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

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Silvus Gets $1M DARPA Award For RF Spectrum Scanning

socalTECH

Los angeles-based Silvus Technologies, a startup developing radio frequency (RF) spectrum scanning technology, has scored $1M from a Phase Three DARPA contract, the company said today. Silvus said its technology provides "extremely fast" spectrum scanning in a form factor the size of an iPhone.