Valencia's Bids.com Raises $1.7 Million

Online auction site Bids.com, based in Valencia, has completed its first round of financing.

InVia Robotics to Automate E-Commerce Warehouse in Japan

InVia Robotics has been selected by e-commerce services provider Kantsu to provide autonomous mobile robots for its primary distribution center in Osaka, Japan.

Zobrist Software Group Forms Partnership

Zobrist Software Group, an e-commerce software provider in Woodland Hills, has announced a partnership with CoreMedia, a German content management platform developer.

BioSolar Files for Patent on Silicon Battery Technology

BioSolar Inc. has filed a patent application for a process to protect its high-power batteries for use in power tools and hybrid electric vehicles.

Semtech Beats Forecasts, Sees More Demand Despite 'Headwinds'

Semtech Corp. beat Wall Street expectations on adjusted earnings and revenue in the fiscal first quarter.

ServiceTitan Buys New York Company

ServiceTitan, the software developer for contractors, has acquired Pointman, a similar company that allow contractors to access data in the field using a mobile device.

Interlink Electronics Reports Fourth-Quarter Loss

Interlink Electronics Inc. reported a net loss and a decrease in revenue in the fourth quarter.

Earnings: NetSol Technologies, Velocity Financial

NetSol beat earnings estimates while Velocity missed in its first quarter as a public company.

Coronavirus Impact Pushes Qualstar to Loss

Qualstar Corp. reported first quarter results that showed the impact from the coronavirus pandemic.

Saalex Acquires Valeo Networks in Arizona

SaalexIT, the information technology division of Saalex Corp. in Camarillo, has acquired managed service provider Valeo Networks for an undisclosed amount.

Source Photonics Raises $40 Million

Optical communications company Source Photonics has raised $40 million to grow its data center and 5G business and to enhance its existing product lines.

Qualstar Decides to Delist From Nasdaq

Qualstar Corp. announced Thursday it will voluntarily delist from the Nasdaq and suspend its public reporting obligations.

Semtech to Collaborate on Peer-to-Peer Wireless Network

Semtech Corp. has collaborated with Helium Inc., creator of one of the world’s first peer-to-peer wireless networks, to develop a network based on its long-range, low-power, or LoRa, technology.

BlackLine Names Huffman President

BlackLine Inc. Chief Operating Officer Marc Huffman has been promoted by the board of directors to the position of president.

Semtech Sensors Detect Fires, Grow Houses on Electricity Grid

Semtech Corp. has developed a smart energy consumption system to detect abnormal spikes in energy usage in city substations.