Irvine-based device maker Axonics Modulation Technologies Inc. completed a $20.5 million second closing of its series C, bringing the total amount of capital raised for the round to $35 million.
Irvine-based Red Digital Cinema Camera Co. is now making Hydrogen One, a smartphone that “seamlessly switches between traditional 2D content, holographic multi-view content, 3D content and interactive games,” founder Jim Jannard posted on the company’s online users forum this morning.
Konica Minolta has signed a definitive agreement to buy Aliso Viejo-based genetic testing company Ambry Genetics Corp., the companies said.
AutoGravity Corp, in Irvine received an undisclosed investment from VW Credit Inc. and its software will power the Volkswagen Credit smartphone app to provide financing for Volkswagen and Audi buyers in the U.S.; Volkswagen financing is also offered on AutoGravity’s platform.
The four largest Orange County-based automakers trailed the national sales pace for new vehicles in June, according to New Jersey-based market researcher Autodata Corp.
Kia Motors America Inc. in Irvine hired Bill Peffer as its new vice president of sales, a position Michael Sprague held until he was promoted to chief operating officer in 2015.
Fisher Phillips said client TrafFix Devices Inc. won a race discrimination and wrongful termination case in Orange County Superior Court.
Sarepta Therapeutics Inc. in Cambridge, Mass., named Douglas Ingram its president and chief executive officer.
Huntington Beach-based Boardriders Inc., which owns the Quiksilver, Roxy and DC Shoes brands, named Nate Smith president of its Americas region.
Shares of ADOMANI Inc. surged in afterhours trading Wednesday and opened at $17.30 this morning, the highest price in its short public history on the NASDAQ Capital Market.
Elite Aerospace Group in Tustin acquired Halo Industries Inc. on undisclosed terms.
Anaheim-based medical device maker ClearFlow Inc. secured Food and Drug Administration approval for the FlowGlide Active Clearance Technology System, a device that clears chest tubes to prevent or reduce retention of blood and fluids.
Connerton Company Inc., a Santa Ana-based manufacturer of cooking equipment for the foodservice industry, was bought by Genkraft Technologies of Long Beach on undisclosed terms.
Royalty Carpet Mills Inc., a longtime area carpet manufacturer based in Irvine, has closed, as have several affiliated companies.
Shares of Newport Beach-based ADOMANI Inc. surged this morning on its debut on the NASDAQ Capital Market after becoming the first equity crowdfunded company to list on the tech heavy exchange.