Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
STARTUPS: Cloudvirga pledges OC’s growing fintech fraternity
Irvine-based startup Cloudvirga Inc. has attracted big-name customers and backers as it aims to modernize a mortgage industry steeped in manual processes more than a decade old.
Cuts at Headquarters Meant to Fuel Growth
Vizio Inc. has downsized its Irvine operation and is in jeopardy of losing its long-held No. 2 position in flat-panel TV sales in North America.
Revenue Rises Over 40%, Mostly on Media Business
Veritone Inc.’s latest quarterly report produced a mixed bag of results for the wildly traded Costa Mesa company trying to crack into the booming but highly speculative artificial intelligence market.
TECHNOLOGY: Raise $5M, plan new VC round with big backer
An 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.
Irvine startup Cloudvirga today announced it closed a $50 million Series C funding round led by private-equity firm Riverwood Capital in Menlo Park.
Early Returns on Major Moves At Big Three Coming Soon
The largest consumer electronics makers in Orange County shrank payrolls slightly compared to last year.
Modest Job Gains As Microsemi Sale Looms
This year’s roundup of Orange County’s largest chipmakers is defined by the deals that got done and the one that got away.
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.
Analytics software maker Alteryx reported first quarter revenue and operating income that beat Wall Street expectations.
TECHNOLOGY: NY buyout house merges OC firm, 3 more
A Lake Forest security services provider is gaining global resources and deep pockets as a result of a four-company merger led by private equity firm The Riverside Co.