Monday, August 5, 2013Edison International Buys Solar Power CompanyRosemead, California-based electric utility Edison International said Monday that it has acquired a solar technology developer, SoCore Energy. Financial details of the buy were not disclosed. SoCore Energy is a Chicago-based solar developer which installs and operates commercial solar rooftop installations. Edison says that SoCore Energy has designed, installed, and operates 80 commercial-scale solar installations in 11 states, including installations for IKEA, Walgreens, Kimco Realty, and The S (More info...)
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Teletrac Sold To DanaherGarden Grove-based Teletrac, a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher, according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. According to Vector Capital, Teletrac is currently providing network tracking of 200,000 vehicles across 87 countries.
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CONNECT CEO Passes Away From Bicycling InjuriesOne of the leaders of Southern California's most influential technology organizations, CONNECT, has passed away after suffering injuries in a bicycling accident. Duane Roth, the well known leader of San Diego's CONNECT, died Saturday of injuries he suffered in a bicycling accident on July 21st. Roth had been in a medically induced coma since suffering a fall as part of a charity bicycling ride. Roth also had been Vice Chairman of the California Institute for Regenerative Medicine, and had been c (More info...)
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BioBeats Seeded With $650,000Beverly Hills-based BioBeats, which develops healthcare apps which says it combines entertainment with healthcare, by generating music from your heartbeat, has raised $650,000 in a seed funding round. The company says it is developing mobile apps for the entertainment, consumer health and wellness and clinical medicine areas. The company's investors include ENIAC Ventures, Kevin Colleran, ZhenFund, Cantora Records, Will Smith, Damon Wayans, Scooter Braun, Justin Boreta, among others.
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MicroPower Technologies Finds $5.7M In Funding
San Diego-based MicroPower Technologies, which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing.
MicroPower--which was originally incubated in EvoNexus--develops wireless, power-efficient surveillance cameras powered by integrated solar panels. The company said its wireless techno (More info...)
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Tracking Action Sports With ActiveReplay's Trace Sensor, with David Lokshin
There are lots of "pie in the sky" projects on Kickstarter, the crowdsourcing site--with many devices that you sometimes wonder if they're possible, or if they'll ever get to market. Unlike those, however, one of the latest projects, ActiveReplay (www.activereplay.com) has some serious, experienced executives behind it, who have the experience in designing hardware devices--in the form of CEO Dr. Anatole Lokshin, who helped create the consumer GPS market as the CTO of Magellan Navigation. We s (More info...)
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Esri Launches New Developer AccountsRedlands-based mapping software developer Esri is ramping up its efforts to reach out to third party software developers, saying Friday that it has launched a new, free developer subscription for its web, mobile, and online tools and services. The company said the new access to ArcGIS online provides access to the company's various geoservices, ability to host a developer's data in the cloud, and more. Esri--long known for its geographical information systems (GIS) tools in the enterprise market (More info...)
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ReachLocal Targets Back Office OperationsWoodland Hills-based ReachLocal, which provides online marketing services for local businesses, is further expanding the breadth of its business today, saying it has launched a new back-end office operations management product. The company said it has released a beta of a product called ReachCommerce, which lets home service merchants digitize their back office operations. ReachLocal said the new software lets merchants handle appointments and calendering, digital estimates, and payment processi (More info...)
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ServiceNow Wins Israeli Telecom CompanySan Diego-based enterprise IT management provider ServiceNow reported a win today with Israeli telecommunications provider Partner Communications Company Ltd. Financial details of the win were not announced. ServiceNow said that Partner Communications is consolidating more than 10 separate systems across its IT and Engineering divisions to SerivceNow's IT management system. Partner Communications service more than 3 million cellular subscribers in Israel, under the Orange brand.
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PopBoardz Aims At Business PresentationsHollywood-based PopBoardz, a mobile developer, said today that it has released an app aimed at helping users with their business presentations. The company said that company's organization and presentation app runs on the iPad, and lets users create business presentations using images, videos, PDFs, websites, and files from Dropbox and Box.com. PopBoardz says its CEO and founder is Peter Stougaard. The company charges $4.99 for its iPad app.
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