article thumbnail

Report: Idealab's Energy Innovations Up For Sale

socalTECH

Pasadena-based Energy Innovations , the Idealab startup working on concentrating photovoltaic solar systems, is looking for a buyer, according to a report Friday. The report quoted un-named sources close to the firm. The report quoted un-named sources close to the firm.

Idealab 145
article thumbnail

Report: New Technology Offers Potential For Better Energy Storage

socalTECH

New energy storage technology--based on gravity and potential energy--may be on its way to helping to revolutionize energy storage, without the need or limited lifetime of batteries, according to a report today. Energy Vault recently raised $110M in funding for global deployment of its technology, an is a spinout of Pasadena's Idealab.

Report 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

StyleSpot, Backed by Idealab, Merges With Kaboodle

socalTECH

StyleSpot was venture backed by Idealab, and had been founded in 2009. Kaboodle also said that its Chief Operating Officer, Steven Chien, will report to Gordon as part of the merger. Financial terms of the acquisition were not disclosed.

Idealab 168
article thumbnail

RayTracker Acquisition Worth $44.8M, Says Report

socalTECH

A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M RayTracker was a spinout of Idealab's Energy Innovations. RayTracker was a spinout of Idealab's Energy Innovations. READ MORE>>.

Idealab 140
article thumbnail

UberMedia Planning Twitter Competitor, Says Report

socalTECH

It looks like executives at Pasadena-based UberMedia , the Twitter client application provider started by Idealab's Bill Gross, may finally be fed up with the firm's constant battles with Twitter. According to reports, it is planning to launch its own, competing microblogging service. The news comes via a report last night from CNN.

Report 180
article thumbnail

Report: Rapportive, Backed By Calacanis, Acquired By LinkedIn

socalTECH

Angel investor Jason Calacanis looks to have scored an exit in his portfolio, according to reports today from AllThingsD. According to those reports, San Francisco-based Rapportive , a developer of plug-ins which overlay social networking information on your Gmail account, has been acquired by LinkedIn. READ MORE>>.

Report 154
article thumbnail

Report: FTC Investigating Twitter Over UberMedia Actions

socalTECH

A report today says that the Federal Trade Commission is investigating Twitter , over its dealings with third party client application makers like Pasadena-based Ubermedia. The report says that the FTC has requested information from UberMedia and others.

Report 150