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Idealab Backs Clean Power Technology Firm

socalTECH

Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Financial details of the funding were not announced.

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Idealab

Tech.Co

Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.

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OpenX Names Idealab's McPherson As Chief Legal Officer

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Los Angeles-based online advertising technology provider OpenX announced this morning that it has appointed Douglas McPherson, the former General Counsel of Idealab, as its new Chief Legal Officer. OpenX said that McPherson has joined the board of directors of Idealab as part of the move. READ MORE>>.

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Report: New Technology Offers Potential For Better Energy Storage

socalTECH

New energy storage technology--based on gravity and potential energy--may be on its way to helping to revolutionize energy storage, without the need or limited lifetime of batteries, according to a report today. Energy Vault recently raised $110M in funding for global deployment of its technology, an is a spinout of Pasadena's Idealab.

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ObEN Technology Used In Chinese New Year's Broadcast

socalTECH

Pasadena-based ObEN , which develops technology to help people create a personal, AI-driven avatar which looks and sounds like you, reported a win in China, for a big New Year's broadcast for China Central Television (CCTV). ObEN showed off a clip of the use of its technology in the big broadcast. READ MORE>>.

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Report: Idealab's Energy Innovations Up For Sale

socalTECH

Pasadena-based Energy Innovations , the Idealab startup working on concentrating photovoltaic solar systems, is looking for a buyer, according to a report Friday. GreenTechMedia, an industry publication covering the green technology and solar industry, reports that Energy Innovations is in the midst of being acquired by a strategic investor.

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X1 Technologies Goes Mobile

socalTECH

Pasadena-based X1 Technologies , the developer of email and desktop search software, said Thursday that it has rolled out a new, mobile version of its product. X1 is one of firms that is part of Idealab. Tags: technologies desktop search software mobile iphone apple ipad ipod idealab. READ MORE>>.

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