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Aerovironment Accused Of Covering Up Explosives On Commercial Airliner

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Monrovia-based unmanned aerial vehicle maker Aerovironment has been accused of covering up an incident where its employees transported a drone, rigged with explosives, on a commercial flight, according to a report from Bloomberg. was filed in the California Superior Court in Los Angeles. government. government. READ MORE>>

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Life Sciences Organization Launches Office In LA

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The California Life Sciences Association (CLSA), a group which focuses on public policy and business leadership in the life sciences area, said today that it has launched what it calls a new "Life Sciences Innovation Hub" in Los Angeles. The company said the new office is a partnership with LA BioMed and Lab Launch.

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Good Eggs Gets Funding For Grocery Delivery In LA

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Good Eggs , an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M The Bay Area startup said the funding was led by Sequoia Capital, and also included Harrison Metal, Baseline Ventures, Collaborative Fund, Kapor Capital, along with angels.

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Midas List: Cornerstone OnDemand, Green Dot Help VCs

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However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ).

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AeroVironment Wins BMW For EV Charging Stations

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Monrovia-based Aerovironment has scored another electric vehicle charging win, saying today that it has been selected by the BMW Group to provide electric vehicle charging equipment and installation for the new BMW ActiveE as a preferred provider. Financial impact of the win was not disclosed. READ MORE>>.

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Southern California Linked IPOs Grow

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which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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CODA Holdings Buys EnergyCS

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Los Angeles-based CODA Holdings , the developer of electric vehicles, announced this morning that it has acquired Monrovia-based EnergyCS , a developer of battery management systems. Financial terms of the acquisition were not announced.

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