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Bloombites: Summer Economic Growth in OC | June 16, 2021

June 16th, 2021 Neal Bloom

Summer is here, and it couldn’t come at a better time now that we are returning to some normalcy. While the economy continues to rebound, the housing market has been crazy, with tech companies like Zillow, Houzz, and Better.com increasing their presence in OC. OC is also home to Corelogic’s headquarters, as well as startup Cloudvirga, which...

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Changing the World of Work: How the Cloud Can Give Businesses a Competitive “Edge”

June 4th, 2021Neal Bloom

The past year has seen a major transformation of the global workforce from brick-and-mortar to digital as many people have shifted to work-from-home. Much of this has been possible thanks to cloud technologies, which have helped deliver the tools and services necessary for day-to-day working instantly and on-demand. In fact, cloud adoption...

BloomBites

Bloombites: June Wins in the OC Ecosystem | June 2, 2021

June 2nd, 2021Neal Bloom

Happy June! In another strong signal of our local software ecosystem, public analytics software maker Alteryx is launching a $50M venture fund. The deep analytics roots and talent in OC is producing a number of early stage startups and now local capital will help fund them. This is a great win for the ecosystem. Another win is an impending exit...

BloomBites

Bloombites: Join Us for Cybersecurity Night | May 20, 2021

May 20th, 2021Neal Bloom

The headlines have been full of ransomware hitting major companies, hospitals, and infrastructure. Due to today’s cyber climate, we have become numb to it unfortunately. Yet Southern California has been the epicenter of great cybersecurity technology and therefore is on the front lines of battling some of these recent crippling...

BloomBites

Bloombites: Orange County Auto Scene and Space Tech News | May 4th, 2021

May 4th, 2021Neal Bloom

As we drive into May, I’m pretty pumped to see the auto scene alive, well and innovating in OC. While HAAS Motors of Lake Forest is building SUVs, the automaker is still working on a US manufacturing site. This adds to Hyundai, besides the local electric vehicle makers we’ve mentioned in past newsletters, and Cox Auto building brands like...

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Irvine-based Skyworks Solutions to Aquire Silicon Labs

April 28th, 2021Jenna Greer

Skyworks Solutions Inc., maker of analog semiconductors, announced plans to buy the Infrastructure and Automotive business of Silicon Laboratories Inc. for $2.75 billion. Skyworks is hoping to accelerate their expansion into important growth segments including electric and hybrid vehicles, industrial and motor control, power supply, 5G...

BloomBites

Bloombites: New Angel Investment Syndicate Interlock Capital | April 21, 2021

April 21st, 2021Neal Bloom

Well the cat is out of the bag and I can finally announce that I have launched an angel investment syndicate to support our local companies. My partner Al Bsharah and I have been quietly recruiting local entrepreneurs and operators to combine small checks together to invest in companies. We were recently covered in some press, and we would love to...

BloomBites

Bloombites: Recent Stories in the Orange County Tech Ecosystem | March 31, 2021

March 31st, 2021Neal Bloom

“What are you working on, Neal?” I actually get this question multiple times per day. Read my blog post here to learn about my recent journey and where I’m focusing my time between companies, investing, and community building. Here’s some stories I’ve been watching: Newport-based Chipotle invests in delivery startup Nero’s...

BloomBites

Bloombites: New Resources for OC Startups Available | March 10, 2021

March 10th, 2021Neal Bloom

The Orange County tech scene has serial entrepreneur Richard Sudek’s fingerprints all over it. From taking initiative at the multiple local universities to catalyzing a de facto startup headquarters at The Cove, and coalescing local investors is just the tip of the iceberg of Rich’s successes and contributions. It’s fitting that as he...

BloomBites

Bloombites: Orange County Companies Going Public | February 17, 2021

February 17th, 2021Neal Bloom

Howdy all, I hope you're having a good week. It is IPO city right now for OC companies! Between Viant, LoanDepot, Hancock Jaffe listing and then MeridianLink (and maybe Rivian?) coming up, it's great to see some exits through going public. As always the hope is to unlock capital that works its way through the community into new companies, new...