Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Axonics Raises $14.5M

Axonics Modulation Technologies Inc. closed $14.5 million in series C financing, pushing its total fund-raising past the $85 million mark.

By Sherry Hsieh May 2, 2017 11:29 a.m. share »
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Midday Stock Roundup

The S&P 500 climbed 0.1% in midday trading to 2,391.03.

By Peter J. Brennan May 2, 2017 10:53 a.m. share »
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Special Delivery for Mysterious Dreamer

The sleek design and sheer size of the latest concept vehicle developed by Gaffoglio Family Metalcrafters Inc. took center stage at a recent invitation-only unveiling at the company’s headquarters in Fountain Valley, though perhaps the more compelling story centers around its customer.

By Chris Casacchia May 2, 2017 10:50 a.m. share »
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Eye Device Maker Lands $21M

Irvine-based LensGen Inc. has closed $21 million series A financing, with an option to expand the financing commitment by an additional $5 million.

By Sherry Hsieh May 2, 2017 10:32 a.m. share »
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Alliant Buys Idaho Firm

Newport Beach-based Alliant Insurance Services Inc. purchased Summit Insurance Resource Group to expand in northern Idaho and eastern Washington. Terms of the agreement weren’t disclosed.

By Peter J. Brennan May 2, 2017 9:38 a.m. share »
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Midday Stock Roundup

The S&P 500 climbed 0.3% in midday trading to 2,390.13.

By Peter J. Brennan May 1, 2017 10:45 a.m. share »
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Octane Closes Ophthalmology Venture Fund, Its First

Aliso Viejo-based technology and life sciences accelerator Octane closed its debut fund, which it launched a year ago to target opportunities in ophthalmology.

By Sherry Hsieh May 1, 2017 10:22 a.m. share »
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Midday Stock Roundup

The S&P 500 fell 0.2% in midday trading to 2,384.41.

By Peter J. Brennan April 28, 2017 10:57 a.m. share »
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UCI Steps Up Research With New Nursing School

The University of California-Irvine adds fuel to health management with its newly designated school of nursing.

By Sherry Hsieh April 28, 2017 10:54 a.m. share »
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Amway Unit to Lay Off Workers

Amway Corp.’s Buena Park facilities will see an unknown number of layoffs this week, according to a local news report in Ada, Michigan, where the parent company is based.

By Paul Hughes April 27, 2017 2:57 p.m. share »
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Wanted: Most Community-Minded Companies for New OCBJ List

Is your company about much more than its bottom line? Does it also use its resources to better the Orange County community?

By Paul Hughes April 27, 2017 2:54 p.m. share »
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Banc of California Hires CEO

Santa Ana-based Banc of California Inc. named Douglas Bowers, 59, its new chief executive and president.

By Peter J. Brennan April 27, 2017 2:52 p.m. share »
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UCI Research Effort Gets $9.6M

University of California-Irvine has been awarded up to $9.6 million over seven years to continue studying ways to combat malaria.

By Deirdre Newman April 27, 2017 2:28 p.m. share »
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Franchiser Adds CMO

Home Franchise Concepts LLC in Orange has named Gayle Milling chief marketing officer.

By Paul Hughes April 27, 2017 2:24 p.m. share »
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Irvine Chamber Names Starr CEO

Greater Irvine Chamber of Commerce hired Bryan Starr as its chief executive, effective May 19.

By Paul Hughes April 27, 2017 2:19 p.m. share »
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Anabella Sets Date

The Anabella Hotel in Anaheim will close in August so its owners can demolish it and build a new hotel.

By Paul Hughes April 27, 2017 1:10 p.m. share »
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Great Wolf Parent Moves HQ

The owner of Great Wolf Lodge Southern California in Garden Grove moved its headquarters from Madison, Wisconsin, to Chicago.

By Paul Hughes April 27, 2017 12:14 p.m. share »
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China Billionaire to Take ChromaDex Stake

ChromaDex Corp. in Irvine said Hong Kong investor Li Ka-shing would buy up to $25 million of its common stock in a private placement.

By Paul Hughes April 27, 2017 11:33 a.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,389.41.

By Paul Hughes April 27, 2017 11:08 a.m. share »
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Irvine Co. Elevates Common Areas for Office Teamwork

Irvine Company’s own twist on the creative-office trend is gaining ground.

By Mediha DiMartino April 27, 2017 10:47 a.m. share »
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Chargers Near Broadcast Deals

The Los Angeles Chargers said they've agreed “in principle” to multi-year television and radio agreements to develop content that includes preseason games, news features, community events and promotions.

By Deirdre Newman April 26, 2017 3:47 p.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,393.56.

By Paul Hughes April 26, 2017 10:43 a.m. share »
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Vizio Could Chart New Course After Deal Dies

The collapse of Vizio Inc.’s $2 billion sale to LeEco this month highlights the difficulty of completing deals between U.S. and Chinese companies in the current political-economic climate, though it presents one of Orange County’s best-known brands a range of options in the aftermath.

By Chris Casacchia April 26, 2017 10:37 a.m. share »
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Windjammer Buys Compliance Firm

Windjammer Capital Investors of Newport Beach bought Memphis-based Vital Records Control in partnership with the latter’s management team on undisclosed terms.

By Peter J. Brennan April 26, 2017 10:31 a.m. share »
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Streetwear Apparel Co. Acquired

Lifted Research Group Inc. was bought by Mad Engine LLC in San Diego on undisclosed terms.

By Mediha DiMartino April 25, 2017 4:29 p.m. share »