TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Legacy Tech Vets Go AI With Chip Startup

TECHNOLOGY: Raise $5M, plan new VC round with big backerAn Irvine-based startup led by former Broadcom, Mindspeed Technologies and Lantronix Inc. executives has emerged with backing from the world’s largest chipmaker and its first deal.

JetSuite First on Board New Jet

JetSuite Inc. plans to get the first “hybrid-to-electric” aircraft from Zunum Aero when it’s ready for takeoff in 2022.

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New Can in 7-Eleven Test

A “self-chilling” beverage can created by an Irvine-based firm is on shelves in 15 Los Angeles 7-Eleven stores.

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Cloudvirga Raises $50M

Irvine startup Cloudvirga today announced it closed a $50 million Series C funding round led by private-equity firm Riverwood Capital in Menlo Park.

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$83M Investment in Clean Energy

Shares of Clean Energy Fuels Corp. surged after the Newport Beach company said it received an investment and launched a new leasing program for natural gas heavy duty trucks.

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Alteryx Beats Q1

Analytics software maker Alteryx reported first quarter revenue and operating income that beat Wall Street expectations.

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Acorns Wins BlackRock Backing

Irvine-based Acorns Grow Inc. won a major endorsement from BlackRock Inc. (NYSE: BLK), the world’s largest asset manager, with $6.3 trillion.

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Blizzard Posts Mixed Q1

Presales for Blizzard Entertainment Inc.’s next World of Warcraft expansion helped boost revenue in the first quarter, though operating income decreased as it rolled out new business lines.

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CalAmp Posts Record Quarterly Revenue

CalAmp Corp. (Nasdaq: CAMP) topped Wall Street estimates in revenue and operating income in the February quarter, reporting after the market closed.

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United Capital Unveils Adviser Tool

Newport Beach-based United Capital Financial Advisers LLC, which has $21.6 billion assets under management, released its newest white-label software for financial advisers.

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AutoWeb Names CEO

Jared Rowe was named director, president and chief executive of Irvine-based marketing firm AutoWeb Inc.

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Ten-X Unit Adds COO

Auction.com named Min Alexander chief operations officer, replacing Javid Jaberi, who the company said is retiring.

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Verizon Bundles Telematics Buys Into Verizon Connect

$5B Rollup Included Homegrown Telogis

The long-awaited integration of Verizon Communications Inc.’s telematics unit, which featured a key acquisition in Orange County, is complete.

Karma Company Store Fits Right in on Tony Mile

AUTOMOTIVE: Gets traffic from nearby dealers

Karma Automotive LLC’s landing in Newport Beach was a good one—so good it’s in the process of doubling its presence there.

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SendGrid Adopts Design-Centered Tack at New Digs

Mass-Emails Specialist Triples Its OC Space

Denver-based SendGrid spent more than a year designing its new 22,000-square-foot office at 400 Spectrum Center in Irvine.

Cybersecurity Firm Nubeva Grows OC Operations

To Provide Blockchain-Based Cybersecurity Solution

Take away the hype around digital cryptocurrency—some claim it’s bogus, given that the virtual coins aren’t backed by anything but the value people give them—and what’s left is blockchain technology.

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