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In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.
According to Torrance Memorial, the breaches occurred due to a phishing attempt on April 18th and 19th, which it says it detected on April 20th. The hospital said it has reported the incident to the California Department of Public Health, the U.S. Department of Health and Human Services, and the Federal Bureau of Investigation.
Torrance-based Intellisense Systems , a startup which is developing portable, 3lb micro-weather sensors to provide real time weather information, says it has signed up the City of Torrance Office of Emergency Services to evaluate its flood detection system and advanced weather sensor products.
Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.
Parsons Corp., the multibillion-dollar engineering and infrastructure firm, is opening a new facility in L.A. County to pursue the rapidly expanding space satellite business.
Torrance-based Swagbucks.com , an online site which allows users to earn virtual currency or other rewards from taking actions online, has now given away $15M in prizes since its launch in 2008. The site--which is headed by Scott Dudelson--also said it is on track to have $25M in revenues this year.
Torrance-based PixelFish , which provides online video marketing products to local businesses, announced Thursday that it has raised $4M in a funding round. The round was led by Bullpen Capital, and also included Floodgate, Mack Capital, Tomorrow Ventures, 500 Startups, and Western Tech. The firm is headed by John McIntyre.
Torrance-based LiveOffice , the provider of email archiving and compliance services backed by Summit Partners, reports today that it has added the Los Angeles Dodgers as a customer. According to LiveOffice, the Dodgers are using the firm's services to replace an outdated backup system. Financial impact of the win was not announced.
Torrance-based LiveOffice , a provider of email archiving services, announced today that the firm is releasing a new product specifically aimed at archiving social media sites, including LinkedIn, Facebook, and Twitter. The firm said the new LiveOffice Social Archive software is can capture and retain content from any public web site.
Torrance-based PC Mall , the IT solutions provider and catalog retailer, said today that it has officially opened up its OnSale daily deals business. The firm had said in May that it would be converting OnSale into an online daily deals site.
Torrance-based LiveOffice , the cloud-based email archiving and compliance service, has ported its user interface into an interesting language--the fictional Klingon language from Star Trek. According to LiveOffice today, users of the software can now view its interface in Klingon when they want to access their email archives.
ISSC Technologies Corporation , a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology , the two announced today. Microchip said it would pay approximately $328.5M
Torrance-based LiveOffice , the provider of cloud-based email archiving services, reported this morning that it has signed American Portfolios Financial Services as a customer. LiveOffice said the win includes implementation of its products across 300-plus branches at the independent broker-dealer.
Torrance-based Flipswap , which operates a consumer electronics buyback program, has been acquired by Texas-based eRecyclingCorps , the firms said today. Financial term sof the acquisition were not disclosed. eReclycpingCorps said that it has also acquired FlipSwap's interest in interest in Flipswap Services, LLC.
Torrance-based LiveOffice , the provider of cloud-based email archiving and compliance services, said today that it has named Matt Hardy as the firm's new Chief Financial Officer. Hardy has previously served at Digital Insight and Credit Suisse, among other companies.
Torrance-based Pelican Products , the manufacturer of protective cases, flashlights and portable lighting systems, and other products, has acquired Minnesota Thermal Science (MTS) , a developer of temperature controlled packaging solutions. Financial terms of the buy were not disclosed.
Torrance-based LiveOffice , the provider of online, cloud-based email archiving services led by Nick Mehta, has been acquired by Symantec , in a deal worth $115M. Symantec said the acquisition would extend its intelligence information governance offering. LiveOffice was venture backed by Summit Partners.
Torrance-based LiveOffice , a provider of email archiving services, said today that it has added Microsoft SharePoint archiving to its slate of offerings.
Torrance-based Active Storage , which develops storage devices aimed at the Mac and broadcast media market, said today that it has named Steve Rizzone as its Chief Executive Officer. The firm said that Rizzone succeeds Alex Grossman, who will be focusing on product aspects of the firm.
Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues.
Torrance-based DocMagic , which develops loan document preparation and compliance software, said Thursday that it has acquired eSignSystems , a provider of electronic signature products, from Wave Systems Corp. Financial terms of the buy were not disclosed.
Torrance-based Intelligent Optical Systems , a developer of optical fiber sensors, has scored a Small Business Innovation Research (SBIR) grant from the U.S. Environmental Protection Agency, the EPA said this week, to help support the firm's research to help protect groundwater resources.
Torrance-based Abalta Technologies , which develops software for the automobile industry, said this week that it has launched a new product which helps sync smartphone driving apps with any connected car. The firm said its new WEBLINK product allows smartphones to become the primary, in-vehicle computing device for cars.
Torrance-based Amonix , a developer of concentrating photovoltaic solar systems, has raised $40M in a funding round, according to a filing by the firm Monday. The filing indicates the fundraising is part of a $98.23M funding effort being spearheaded by Lazard Freres & Company.
Torrance-based PC Mall , the IT solutions provider and retailer, said Tuesday that it has entered into the "Deal of the Day" market via its OnSale subsidiary. PC Mall said that Onsale is launching hyper-local offers, starting in the second quarter in a number of markets, and expanding throughout the country after that.
SEA Electric Holdings in Torrance announced it’s working with an Illinois-based bus and van dealer on modernizing approximately 10,000 used school buses by replacing their diesel engines with its proprietary battery electric power system.
Torrance-based SpaceX , the commercial rocket firm run by Elon Musk, has delayed its February launch flight to the International Space Station. According to the firm, the move comes as it addresses engineering tests on the firm's Dragon capsule. A new launch date has not been set.
Torrance-based Active Storage a developer of RAID products for Apple computers, has raised a Series A funding round, the firm said Tuesday afternoon. The company--which was founded by former executives at Apple, Inc.--said said the funding was led by Intel Capital, and also included Mission Ventures and Valhalla Partners.
Torrance-based storage developer Active Storage , which develops Mac- and media-oriented storage arrays, has raised $1.2M in a funding round, according to a regulatory filing by the firm this week. Details of the funding--which looks to be a convertible debt round--were not announced by the company.
Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Ramakrishnan was most recently at Promise Technology, and also has served at Cisco and IBM.
Torrance-based electric car maker Faraday Future has inked a deal on a 1 million-square-foot manufacturing facility in the Central Valley, the company announced Monday.
Torrance-based LiveOffice , which provides cloud-based email archiving and compliance software, announced today that it has named Jeffrey W. Hausman as its Chief Operating Officer. Hausman was most recently at HP, where he was leading the firm's HP StorageWorks Nearline organization. READ MORE>>.
Torrance-based Pictage , which operates an online service for professional photographers, said today that it has acquired ShootQ. ShootQ is a developer of web-based software for managing the business of professional photographers, including handling workflow, marketing, and selling their work. Financial terms of the buy were not disclosed.
Torrance-based LiveOffice , a provider of email archiving, compliance, and backup software-as-a-service, reported Monday that the firm had record revenue in the first quarter of 2010. The privately held firm did not disclose actual financials. According to the firm, it had an annual growth rate of 207 percent in Q1 of 2010.
Torrance-based PC Mall , a catalog retailer of IT hardware, software, and other products, said today that it has named Jim Garrity as President of its SARCOM subsidiary. PC Mall said that Garrity was most recently COO of SECNAP Network Security. Garrity has also served at MOreDirect and Ingram Micro.
Kiefer was the founder of Torrance-based Pictage, an online photo site which helps wedding photographers and other professionals market their photos. Kiefer is based in Boulder, Colorado, Kifer is in Los Angeles, and Murphy is in Huntington Beach. Based on the funding, it appears the company is working on a $500,000 seed funding round.
Torrance-based Pictage.com , which operates an online service for helping professional and wedding photographers market and sell their photos, announced today that it has opened up new monthly subscription plans for the service. According to the company, it is now offering three new monthly plans for its users, including a Starter, $19.00
Torrance-based LiveOffice , the developer of cloud-based email archiving and compliance services, reported today that it has connected its product with Salesforce.com. LiveOffice said it has announced a new, LiveOffice Outlook Email Connector, which allows users to view email, attachments, and Chatter posts within Salesforce.com.
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