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NewEgg Takes On Amazon Prime

socalTECH

City of Industry-based NewEgg , the unsung, billion dollar e-commerce giant which is among the largest online businesses in Southern California, is taking on Amazon Prime with a new program it launched this morning-- NewEgg Premier. newegg amazon prime premier shipping subscription' per year program. READ MORE>>.

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Southern California Linked IPOs Grow

socalTECH

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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NewEgg Deal Glitches Google Offers

socalTECH

A promotional deal by City of Industry-based NewEgg briefly crippled Google Offers this morning, after Google offered $40 to spend at NewEgg for only $20. Southern California-based NewEgg is an over $2 billion in sales retailer of computer products, consumer electronics, and other merchandise. READ MORE>>.

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Southern California Firms Queue Up For The Public Market

socalTECH

The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. which said it is looking to list on the NYSE in a $115M IPO.

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Newegg, Indiegogo Team On Crowdfunding Effort

SoCal Tech Calendar

Los Angeles-based online electronics retailer Newegg and project crowdfunding site Indiegogo said this morning that the two are in a collaboration, where they will help successfully funded, crowdfunding campaigns to sell and deliver their products. Financial details of the deal were not disclosed.

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Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

SoCal Delicious

A new study of the financial outcomes for Southern California venture-backed companies in the IT sector finds that approximately $48 billion in value has been created by those companies over the period 1995-2009. Tags: results investment exit california southern acquisition merger capital venture.