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X1 Loses Competitor: Google

socalTECH

Pasadena-based X1 Technologies , the developer of desktop search software, has one less competitor: Google , as Google said Friday that it is shutting down its Google Desktop search software project. Google's service shuts down on September 14th. Google shut down a long list of projects late Friday.

Google 188
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eSolar Takes $20M More

socalTECH

Pasadena-based eSolar , the solar thermal technology developer backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association.

Idealab 154
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YP Launches New Organic SEO Service

socalTECH

Startup technology veteran and Idealab alumni Stu MacFarlane, who is now Executive Vice President of Products and Marketing at YP said the new product helps local businesses connect with consumers by providing a strong SEO strategy. YP runs the yellowpages.com site.

SEO 133
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eSolar Gets 2 Gigawatt Win In China

socalTECH

Pasadena-based eSolar , the solar thermal power technology firm backed by Idealab and Google, said late Friday evening that it has inked a deal with China to build at least 2 gigawatts (GW) of solar thermal power plants in that country. eSolar develops solar thermal power plant technology, aimed at the utility market.

Idealab 157
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eSolar Names Operations VP

socalTECH

Pasadena-based eSolar , the developer of concentrating solar thermal power plants spun out of Idealab, said today that Gary J. Breton joins the company from Aurora Semiconductor, and also has served at Cypress Semiconductor and Amkor Technologies. eSolar is backed by ACME Group, Google, Idealab, NRG, and Oak Investment Partners.

Idealab 133
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Zuma Ventures: Creating A New Technology Startup Model

socalTECH

David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.

Startup 231
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Aptera Shuts Down

socalTECH

Aptera had been attempting to gain funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program, after initially failing to be qualify in 2008 for the program due to having three, not four wheels. READ MORE>>.

Idealab 185