Hyperloop Technologies becomes Hyperloop One, pulls in $80 million and announces global partners
MAY 10, 2016
The news comes just days after rival hyperloop builder Hyperloop Transportation Technologies (HTT) announced a licensing deal to power its own prototype with magnetic levitation technology. Both Hyperloop One (formerly Hyperloop Technologies) and HTT are based in L.A.
DTS Acquired By Tessera Technologies For $850M
SEPTEMBER 20, 2016
Calabasas-based audio technology developer DTS is being acquired by San Jose-based Tessera Technologies , in a deal worth approximately $850M in cash, the companies announced today. Tessera Technologies said the acquisition will boost its 2016 pro forma revenues to approximately $450M, and bring its total number of engineers to over 450. tessera technologies merger acquisition semiconductor surround sound audio video processing
Cal Net Technology Group Acquires inhouseIT
AUGUST 11, 2016
Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July. Cal Net Technology's CEO is James Hwang. calnettechnology calnettech technology merger acquisition support managed services inhouseit
Zuma Ventures: Creating A New Technology Startup Model
NOVEMBER 6, 2014
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).
Technology Trends of 2016
Tech Zulu Event
DECEMBER 29, 2015
Technology is constantly evolving and maturing. Solving some of the problems that have been holding the IoT back from realizing its full potential are some of the most compelling technology trends to watch in 2016. The post Technology Trends of 2016 appeared first on TechZulu.
The First Ever In-Flight Wearable Technology Hackathon
Tech Zulu Event
MAY 29, 2014
Wearable World today announced the addition of several key partners to the wearable technology hackathon to be held on an upcoming American Airlines transcontinental flight. “We’ve The post The First Ever In-Flight Wearable Technology Hackathon appeared first on TechZulu.
CALIENT Technologies Raises $19.4M
OCTOBER 25, 2011
Santa Barbara-based CALIENT Technologies , a developer of photonic switching equipment, said this morning that it has raised $19.4M CALIENT Technologies is headed by Atiq Raza, and develops modular photonic switching systems. calient technologies venture capital photonic switching
Sixty-four Southern California Firms On Technology Fast 500
NOVEMBER 16, 2012
Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. 381 Life Technologies Corporation 195% Carlsbad Gregory T. Flatley 412 NEOGOV 177% El Segundo Damir Davidovic 413 Maxwell Technologies, Inc.
New Report Details Technology Job Concentration In Region
DECEMBER 7, 2012
A new report issued today, detailing technology jobs employment concentration in the United States, shines some light on where the highest concentrations of tech jobs are in the region. percent of jobs in technology, ranked at 20. percent of jobs in technology.
How Connectifier Is Applying Search Technology To Recruiting, With John Jersin
JUNE 19, 2015
The company recently announced a funding round, led by True Ventures, so we thought we'd talk with John about what the company is doing, and why he believes search technology is so important to apply to recruiting. Recruiters can access that search technology in one of two ways.
D2 Technologies Buys Webia Technologies
MARCH 2, 2011
Santa Barbara-based D2 Technologies , which develops embedded IP communications software, reports today that it has acquired Webia Technologies , a developer of products for the Google Android OS platform. technologies voip software embedded android webia merger acquisition
ADP Setting Up Technology Center In Pasadena With 350 Employees
SEPTEMBER 9, 2015
technology center employees growth jobs employment pasadena lakeHuman resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. According to ADP, the new Innovation Center will bring 350 employees to the new center, which will give it a West Coast location for its international business.
MicroPower Technologies Names VP
OCTOBER 17, 2013
San Diego-based MicroPower Technologies , the developer of solar-powered, wireless surveillance cameras, said Thursday that it has named Dave Tynan as its new Vice President of Global Marketing and Business Development.
Procore Technologies Wins Big Construction Client
FEBRUARY 2, 2016
procore technologies construction cloud software saas mortensonCarpinteria-based Procore Technlogies , which develops cloud-based, construction management software, said it has signed its largest deal to date, with construction company Mortenson Construction. Financial impact of the win was not disclosed. Procore, which is led by Tooey Courtemanche, said that Mortenson Construction is approximately number 18 in the nation in terms of top construction firms, based on industry rankings.
Biosynthetic Technologies Gets $100M Loan Guarantee From USDA
FEBRUARY 2, 2016
Irvine-based Biosynthetic Technologies , a developer of high performance biobased oils targeting the automotive and industrial lubricant market, has received a $100M loan guarantee from the U.S. biosynthetic technologies usda loan guarantee biofuel cleantech renewable chemical plant venture capital agriculture
Procore Technologies Finds $30M For Construction Project Management Software
APRIL 16, 2015
equity growth courtemanch tooey software management project construction capital venture technologies procore Carpinteria-based Procore , the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also included existing investor Bessemer Venture Partners. Procore said the funding will go towards accelerating growth of its business.
TriTech, NASA In Economic Development, Technology Transfer Agreement
APRIL 14, 2017
TriTech Small Business Development Center (SBDC), which provides consulting and training to high tech entrepreneurs, and NASA Armstrong Flight Research Center , in Edwards, California, are in a new economic development, technology transfer, and research relationship, the two announced on Thursday. The intent of the partnership is to facilitate the technology transfer and commercialization of NASA technologies into the Southern California region.
The Convergence of Information Technology and the Life Sciences
NOVEMBER 22, 2016
We are at an incredible inflection point in the traditionally distinct fields of information technology and the life sciences.
Maxwell Technologies Gets $25M In Credit Facility
JULY 6, 2015
San Diego-based Maxwell Technologies , which develops ultracapacitor-based energy storage and other products, said today that it has received a $25M, three year revolving line of credit. maxwell technologies credit facility ultracapacitor funding debt storage energyThe new funding will go towards working capital. Maxwell said the line comes from East West Bank. Terms of the credit line were not disclosed.
eHow Launches Technology Channel
MARCH 27, 2012
Looking to attract more consumers interested in learning more about technology, Santa Monica-based eHow , the online how-to site run by Demand Media, said today that it has launched a new Tech Channel as part of the site. ehow technology demand media content publishing consumer electronics
Fallbrook Technologies Pulls IPO
MAY 2, 2011
San Diego-based Fallbrook Technologies , the developer of electrical transmission technology for the automotive industry, has pulled its IPO, according to a filing from the firm. fallbrook technologies electrical automobile auto clean cleantech merger acquisition exit
Tealium Adds $35M to Expand Technology, Sharpen Customer Focus
SEPTEMBER 26, 2016
Tealium, a San-Diego startup that provides online advertising tag management and marketing services for enterprise customers, has raised $35 million in a growth financing deal intended to expand its technology and market reach. Tealium now has about 700 customers, including major companies in healthcare, financial services, travel, and technology, Lunsford said.
9 Technology Innovations Made In The USA
Tech Zulu Event
SEPTEMBER 27, 2013
These range from technology mainstays like Motorola to companies known for pushing the envelope like Tesla. With the Model S, Tesla has taken the next step forward — a car that is both appealing to the mainstream and seen as a technological innovation.
NASA JPL, Chevron Tie On Technology Development
JULY 26, 2011
The NASA Jet Propulsion Laboratory , based in Pasadena, and Chevron Corporation said this week that the two are in a new partnership, to develop a range of advanced technologies for harsh environments, including both on Earth and in space. nasa chevron technology development advanced
Alelo, USC Team On Virtual Learning Technology
FEBRUARY 2, 2016
Los Angeles-based Alelo , which develops game-based, role playing simulations and teaching technology, says that it has partnered with the USC Institute for Creative Technologies , to co-develop disruptive learning technology.
How TaskUs Is Powering LA's Technology Startup Boom
AUGUST 7, 2014
Los Angeles has been in the midst of a technology boom over the last few years, with many of high profile startups growing in the area. We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups.
BeBop Technology Expands Into Canada, Europe
APRIL 14, 2016
Los Angeles-based cloud software developer BeBop Technology , which provides software for the media and entertainment industry, said today that it has expanded its operations in both Canada and Europe. BeBop Technology, led by Bruck K. bebop technology canada europe sales support post production software international london
Why Technology is Driving More Urban Renewal
Both Sides of the Table
JULY 10, 2012
Back in 2006/07 when I sold my company and then worked at Salesforce.com there were very few options in SF for technology folk to build their careers at big, growing companies. Technology innovation doesn’t occur in a vacuum. And sci-fi writers are but one example of the way society impacts technology. And it is one of the reasons that NYC is developing a vibrant technology community.
LA Group Launches Effort To Promote Technology Corridor In Los Angeles
DECEMBER 12, 2012
What's the best way to encourage development of the technology industry in Los Angeles? The group said that it is hoping to promote the path of the current Expo line as a new technology corridor, to create new "innovation hubs" along the corridor.
With $18M, Reflexion Health Expands Physical Therapy Technology
JUNE 29, 2016
Reflexion Health, a San Diego startup founded in 2012 at the nonprofit West Health Institute, is moving to commercialize Vera, its physical rehabilitation system based on Microsoft Kinect’s motion tracking technology.
Is Technology Crucial for Innovation?
MAY 31, 2016
Technology is crucial for innovation—and innovation in technology is critical to innovation in just about every other arena. Because it’s the forward march of technology that allows us to do more with less, improving our lives in the process.
Newlight Technologies Finds $9.2M For Carbon Negative Plastics
APRIL 4, 2014
Irvine-based Newlight Technologies , a developer of technology which converts greenhouse gases into plastic, has raised $9.2M newlight technologies carbon negative cleantech green venture capital methane plastic materials plastics in a funding round, the company said this week. According to the company, the new funding brings its total raised to $18.8M. Newlight said the funding came from both new and existing investors. Names of those investors were not announced.
Prime Focus Technologies Gets Private Equity Investment
AUGUST 31, 2016
Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. prime focus technologies venture capital private equity ambit software hollywood contentSize of the investment was not announced.
Reports: Lumedyne Technologies Acquired By Google
JUNE 5, 2015
San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. Neither Google nor Lumedyne Technologies have announced or acknowledged the deal. lumedyne technologies mems sensor sensing merger acquisition goog google startup navigation
USC Researchers Develop Liquid Solar Cell Technology
APRIL 25, 2012
Researchers at the University of Southern California report that they have developed new technology to create liquid, solar cells, which can be printed onto surfaces. The new technology--based on solar nanocrystals--were developed by chemistry researchers led by Richard L.
Maxwell Technologies Sells Microelectronics Line to Data Device
APRIL 28, 2016
San Diego-based Maxwell Technologies has sold off its microelectronics product line, to Data Device Corporation , in a deal worth $21M in cash, the company said today. maxwell technologies merger acquisition electronics microelectronics semiconductor datadeviceThe company said that the sale included all assets and certain liabilities related to that product line, as well as 37 employees. Data Device Corporation is a subsidiary of ILC Industries.
Shopzilla Sold To Symphony Technology Group
APRIL 29, 2011
Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. The firms said that Symphony Technology Group would continue and accelerate the growth of Shopzilla. shopzilla symphony technology group merger acquisition comparison online shopping
MicroPower Technologies Steals Away Engineering VP From 3D Robotics
MARCH 5, 2015
San Diego-based MicroPower Technologies , which develops wireless, solar-powered surveillance cameras, said this week that it has named a new VP of Engineering. The company said Tim McConnell--the former VP of Engineering for high flying drone developer 3D Robotics--joins the company in that role to spearhead the company''s technology strategy and development, and lead its engineering team. micropower technologies robotics wireless surveillance camera tech coast angels evonexus
Gehry Technologies Lands $10M For Architecture Software
DECEMBER 6, 2011
Los Angeles-based Gehry Technologies , a developer of architectural design software co-founded by architect Frank Gehry, announced Tuesday that it has raised $10M in a Series B financing round. The firm said the funding will go towards the firm's consulting services, as well as towards technology development. Gehry Technologies is led by Dayne Myers. gehry technologies architect architecture design venture capital software dassault autodesk
Champion Technology Names Execs For Cybersecurity Startup
APRIL 22, 2016
Santa Monica-based Champion Technology Company , a developer of cybersecurity software, has named Jess Richter as Chief Revenue Officer, and David Aucsmith and Michael Kluse both as as Senior Advisors. Champion Technology is developing cybersecurity automation and orchestration software. darklight champion technology cybersecurity software executive defense jess richer david aucsmith michael kluse