DreamHammer launches drone software
DreamHammer, a Santa Monica, Calif.-based software developer, has launched a beta version of its drone software called Ballista which is used to control multiple unmanned drones from different manufacturers, as reported by socaltech.com. The company has been providing its software to the defense, intelligence and homeland security markets and is now looking at applying the [...]
Los Angeles ranks third nationally for fastest growing private companies
Private companies in the greater Los Angeles region are thriving, according to the recently published “Inc. 500 list” from Inc. magazine which ranks the nation’s fastest growing private companies. Los Angeles ranked third in the nation with 42 companies on the list, just behind Washington, D.C. (50 companies) and New York (43 companies). The industries most represented [...]
Ernst & Young study: IPOs back to pre-recession levels
IPO activity is finally returning to pre-recession levels, according to the quarterly “U.S. IPO Pipeline” study from Ernst & Young as reported by numerous media outlets. Bruce Bigelow’s recent Xconomy article reported the number of companies in registration for an IPO in the second quarter of 2011 increased to 140, up almost 24 percent from [...]
