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Broad Range for UCI’s Push on Innovation

EDUCATION: Blueberries to microchips, toothpasteThe $5 million in seed funding that Newport Beach-based Beall Family Foundation provided for the University of California-Irvine’s new Institute for Innovation is bearing commercial fruit.

By Paul Hughes April 13, 2015 midnight   $$ Share
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Frost Data Capital Part of Investor Group

Frost Data Capital, a San Juan Capistrano-based investment firm and start-up incubator, joined other venture investors to back Maana, a developer of big-data search engine technology.

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Autobytel Buys Competitor

Autobytel Inc. shares were up about 30% to a market value of $185 million after the Irvine-based automotive marketing company said it acquired Dealix Corp. from CDK Global Inc. in Hoffman Estates, Ill. for $25 million.

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El Pollo Loco Sets Dallas Plan

El Pollo Loco said it plans at least 20 restaurants for a previously announced expansion into Dallas, to include seven franchised by an affiliate of local family office, Henry Investment Group.

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Segerstrom Daniels Gives $5M to CHOC Mental Health Program

Children’s Hospital of Orange County said today it's building a new children’s mental health inpatient center as part of an initiative that will be supported by a $5 million gift from Sandy Segerstrom Daniels.

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Marcum Names Irvine Partner to Head CA Tax Business

National accounting firm Marcum LLP has named John Eckweiler, a partner in its Irvine office, partner-in-charge of tax and business services for its California operations.

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Telogis Gets $25M Investment

Aliso Viejo-based Telogis Inc. has raised another $25 million in venture capital funding.

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Hot Dog Chain Sponsors Indy Racer

Wienerschnitzel said it will sponsor race car driver J.R. Hildebrand in Sunday's Indianapolis 500.

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First Foundation Starts Insurance Unit

Irvine-based banking and wealth planning firm First Foundation Inc. has launched a property and casualty insurance brokerage unit.

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Ad Firm Takes Stake in OC Company

Dentsu Inc. said it acquired a 33% stake in Laguna Hills-based Athletes First LLC to help the athlete management agency expand its business in the U.S. and internationally.

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Confie Buys in NY State

Huntington Beach-based insurance broker Confie Seguros has acquired three brokerage firms in Buffalo, N.Y.

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El Pollo Loco Down on Comps, Guidance

Shares in Costa Mesa-based El Pollo Loco Holdings Inc. fell about 11% in after-hours trading as same store sales growth slowed and the fast food chicken chain offered tepid full-year earnings guidance.

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Southwest to Add Missouri, Mexico Routes From JWA

Southwest Airlines said it would start flying to Kansas City and St. Louis from John Wayne Airport on Nov. 22.

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Irvine Commercial Printer Sold

Fontis Solutions in Irvine has been acquired by Dallas-based franchisor Safeguard Business Systems.

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Irvine Commercial Printer Sold

Fontis Solutions in Irvine has been acquired by Dallas-based franchisor Safeguard Business Systems.

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Glaukos Files for IPO

Laguna Hills-based Glaukos Corp. has filed plans to raise $86 million in an initial public offering.