Los Angeles Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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Firm Builds Tech Bridge Between Asia, Middle East

INVESTMENT: DPL taps South Korean money to back Israeli startups.

Trio gives birth to $50 million fund that will nurse Israeli life sciences startups with South Korean money.

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Water Purification Business Cleans Up in Pickup

TECHNOLOGY: NanoH2O bought for $200 million by South Korea’s LG Chem.

NanoH2O’s sea water desalinization process makes a splash with South Korea’s LG Chem.

Rubicon Prices IPO, Values Company at $450 Million

Tech advertising platform Rubicon Project Inc. priced its initial public offering Thursday at $17 a share, valuing the company at more than $450 million.

National Technical Acquires Testing Business

National Technical Systems Inc. on Wednesday said it is acquiring the testing business of Wyle Laboratories Inc., which serves the nuclear, aerospace, and defense industries.

Wilcon Rebrands Firms Acquired in Recent Roll-Up

Fiber optic provider Wilcon has taken the next step in its roll-up of local telecom companies, consolidating and rebranding recently acquired firms IX2 and Freedom Telecommunications under its corporate umbrella.

Former Fox Exec Joins Machinima Board

Los Angeles YouTube network Machinima announced today Anthony Vinciquerra, former chairman and chief executive of Fox Networks Group, has joined its board of directors.

RadPad Raises $1 Million Seed Round

RadPad, a rental search app, announced today it had raised $1 million in convertible notes in a seed round led by Menlo Park’s Deep Fork Capital.

CrowdGather Will Sell Non-Core Assets to Boost Bottom Line

CrowdGather Inc., owner of a network of Internet discussion boards, is planning to sell assets as it seeks to stem ongoing losses and bolster its balance sheet as it seeks merger or acquisition targets.

Virtual Piggy Inks Deal With German Videogame Firm

Virtual Piggy Inc. announced Friday it signed a partnership with Europe Games Group to allow its roughly 15 million gamers to purchase in-app items via Virtual Piggy’s Oink payment system.

Launchpad, MuckerLab Among Top Accelerators

Los Angeles tech accelerators Launchpad LA and MuckerLab have landed on among the top 5 such organizations in the country, according to a new list released during this week’s South by Southwest festival in Austin, Texas.

Dental Price Comparison Service Expands

The service offers users access to more than 700 Los Angeles-area dentists.

Demand and Electus Digital Form Platform Partnership

Demand Media Inc. on Tuesday said it had formed a partnership with West Hollywood studio Electus.

Disney Reported in Talks to Acquire Maker Studios

Walt Disney Co. is said to be in talks to acquire YouTube network Maker Studios for $500 million, a price that could rise to as much as $900 million if certain performance benchmarks are met, according to reports on tech website Re/code and the Financial Times.

Tylt Labs Raises $20 Million Round for Early Stage Investing

Santa Monica venture capital firm Tylt Labs said it had raised a $20 million fund to be deployed in seed and A round investments.

Machinima Closes $18 Million Funding Round

Video game-centric YouTube network Machinima Inc. announced Monday it closed an $18 million financing deal with Burbank’s Warner Bros. Entertainment.