Zadspace Raises $3.2M

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As part of the funding, the firm said it is moving its headquarters to Norwalk, Connecticut, which it says is "a hub of the direct marketing community". El Segundo-based Zadspace , the developer of on-package advertising products, announced this week that it has raised $3.2M

Report: Oxnard-Thousand Oaks-Ventura Among Top Spots For CEOs

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The area ranked among other areas like Bridgeport-Stamford-Norwalk, Connecticut (1.82%); Boulder, Colorado (1.45%); Cape Coral-Fort Myers, Florida (1.27%); and San Jose-Sunnyvale-Santa Clara (1.10%). The Oxnard-Thousand Oaks-Ventura metro area has made a list of the top areas where CEOs live , published in this week''s Wall Street Journal. The report--ranking the percentage of residents identified as CEOs--said 1.21% of residents in the metro workforce were CEOs.

GE, Southern California Edison Deploy First Battery, Gas Turbine Hybrid

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GE and Southern California Edison (SCE) said this morning that the two companies have deployed the world's first battery-gas turbine hybrid system in Norwalk, as a part of Southern California Edison's renewable energy efforts. According to the two, the new system includes a 10MW/ 4.3 MWh of battery energy storage, to complement a GE gas turbine with 50MW of cpacity.