Allegro Ophthalmics LLC in San Juan Capistrano raised $10.7 million in equity financing. Terms were not disclosed.
The Securities and Exchange Commission’s Division of Enforcement has recommended the stock of Irvine-based Ubiquity Inc. be revoked, according to SEC documents.
SendGrid announced today that it’s signed a lease for a new office space in Orange County.
Cable Exchange, a Santa Ana-based company with 200 employees, was bought by CommScope Holding Co. on undisclosed terms.
Vizio Inc. filed two separate lawsuits today against LeEco, contending the Chinese conglomerate made false financial statements and claims in the run up to its proposed $2 billion acquisition, which ultimately collapsed in April.
Portland State University in Oregon said alumnus and OC resident Fariborz Maseeh will give $5 million to renovate Neuberger Hall at its downtown campus.
Carlyle Group in Washington D.C., one of the largest private equity firms in the U.S., will invest $200 million for a 15% to 20% stake Aliso Viejo-based UST Global—valuing the company at over $1 billion—according to multiple reports.
Acacia Research Corp. led a $3.1 million investment in Miso Robotics Inc. and signed an intellectual property agreement with the company to commercialize its main product for the restaurant industry.
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.
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 Securities and Exchange Commission said it has started the process of revoking the stock of Irvine-based Ubiquity Inc., which was due to update its filings with the SEC by June 30 but missed the deadline.
Ambry Genetics Corp. in Aliso Viejo will sell to Tokyo-based Konica Minolta Inc. for about $890 million, a report in Nikkei Asian Review said Sunday.
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.
Sarepta Therapeutics Inc. in Cambridge, Mass., named Douglas Ingram its president and chief executive officer.
Children’s Hospital Orange County in Orange appointed John Henderson vice president and chief information officer.