Orange County Business Journal


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

Pokémon Go Craze Creates Buzz for Startups, Other Local Companies

One deal signed, talks under way on additional augmented reality workAugmented reality has always been in the shadows of its more famous parent, virtual reality. That all changed in a big way in July when Pokémon Go took the world by storm. OC startups with an AR focus have since seen a surge of interest from clients and investors.

By Deirdre Newman August 15, 2016 midnight   $$ Share
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Kay Family Gives $2.5M to Chapman

Chapman University received a $2.5 million gift from the Kay Family Foundation to fund faculty and student research, projects and other activities in the field of data analytics, which is part of the growing field of “big data.”

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Software Maker Buys Colorado Firm

Irvine-based Flatirons Solutions acquired the assets of a Colorado company that specializes in flight operations software.

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Health Data Firm Adds $1.8M

Pinscriptive in San Juan Capistrano a software analytics company focused on specialty drugs announced today that it’s closed $1.78 million in seed funding since it started in March 2015, with $500,000 of that amount received in August.

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UEI to Sell Gemstar for $48M

A Hong Kong subsidiary of Santa Ana-based Universal Electronics Inc. has agreed to sell Gemstar Technology Co. Ltd. for about $48 million in cash.

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Toba Backs SF Software Firm

Newport Beach-based Toba Capital took a main role in a $10 million initial funding round for a San Francisco company called Restless Bandit, a specialist in human resources software.

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Irvine Company An Energy Champion

The California Energy Efficiency Industry Council named Newport Beach-based Irvine Company one of three Energy Champions for 2016.

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Frost Data Gets Healthcare Partner

Frost Data Capital in San Juan Capistrano will work with DST Systems Inc. in Kansas City, Mo., on big data analysis for healthcare companies.

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Auto Show Makes Room for Trucks

This year’s Orange County International Auto Show will occupy 25% more room at the Anaheim Convention Center for its Oct. 6-9 run.

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Carrick Capital Buys in Philadelphia

Carrick Capital Partners in Newport Beach has invested $50 million in InstaMed in Philadelphia.

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OCTANe, OC Tech Group to Merge

OCTANe in Aliso Viejo will merge with Orange County Technology Alliance in Mission Viejo.

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Microsemi’s Peterson to Chapman Board

Chapman University said Microsemi Corp. Chairman and Chief Executive James Peterson has been elected to its Board of Trustees.

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Greenwave Buys Predixion

Irvine-based smart technology provider Greenwave Systems Inc. bought Predixion Software in Aliso Viejo on undisclosed terms.

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Mapping Software Maker Draws $36M

Irvine-based Digital Map Products, a provider of cloud-based spatial technology, has secured more than $36 million in funding, the company said today.

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UCI to Open eSports Arena

University of California-Irvine next week opens the first eSports area run by a public university.

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Ex-Blizzard Exec in Irvine Startup

Former Blizzard Entertainment Inc. Creative Director Rob Pardo has started a gaming studio in Irvine that aims to build the types of interactive worlds that made his former company a pioneer in the industry.