Westlake Village-based Bidpath, which develops technology for the auction industry, said it has named David Brindley as its new CEO. Brindley joined the company in 2016 as Managing Director (UK).

Los Angeles-based SeatBoost, which offers up a service which lets passengers use their mobile phones bid on seat upgrades, says it has received an investment from International Airlines Group (IAG).

Belgium-based Aerospacelab, a manufacturer of satellites, said it has set up a new facility in Torrance. According to the company, the new facility will increase the production of its satellite ...

Irvine-based Fisker Automotive will be liquidated, in an an agreement with creditors on Friday in bankruptcy court. According to reports, there are likely to be over $1 billion in secured and ...

Carlsbad-based Viasat has had two of its satellites delivered to space -- to provide Internet access to the Artic. According to Viasat, two of its satellites were successfully launched by SpaceX from ...

Westlake Village-based Anchor Operating Systems, a developer of ticketing and point of sale systems, says it has signed a number of customers. The company said it signed Miami's Art XSpace, The ...

Solana Beach-based Alvys, a developer of logistics and supply chain management software, announced today that it has raised $20.5M in a Series A funding round. The funding was led by Titanium Ventures ...

Auto maker Volkswagen Group said this week that it will invest up to $5 billion in Irvine-based EV maker Rivian. According to the two, they are in a joint venture to create a "next generation software ...

Los Angeles-based InfinitForm emerged from stealth today, saying it is developing an AI-copilot for mechanical engineers. The company says it received seed funding in December 2023 from Schematic ...

Monrovia-based LiNova Energy said this morning that it has raised $15.8M in a Series A financing round. The funding was led by Catalus Capital, and also include Saft, a subsidiary of TotalEnergies, ...

San Diego-based biotechnology company Endeavor BioMedicine said this morning that it has raised $132.5M in the company's Series C financing. The company said the funding was led by AyurMaya, an ...

San Diego-based Firestorm Labs, a developer of unmanned aerial systems (UAS), says it has received $12.5M in a seed funding round. The funding came from Lockheed Martin Ventures, as well as Decisive ...