LiveOps expands, will move to Redwood City
Santa Clara-based LiveOps, seeking to expand, will shift its head offices and Bay Area operations -- along with more than 145 employees -- to Redwood City this fall, the high-tech company said Tuesday.
LiveOps, which provides Web-based customer services and contact centers, has struck a deal to lease 42,000 square feet at 555 Twin Dolphin Drive. The lease was arranged through commercial realty firms Cornish & Carey Newmark Knight Frank and Sabre Real Estate Group.
At present, LiveOps has 145 employees and is busy hiring more workers as the move date approaches.
"The number of Bay Area employees is definitely going to go up from the 145," said Nadia Jamshidi, a public relations representative for LiveOps. Worldwide, LiveOps has about 300 employees.
Chevron imports of petrol products rise
San Ramon-based Chevron's total petroleum product imports rose 2.4 percent in April compared with the same month the year before, the U.S. Department of Energy reported.
The increase pointed to rising demand in the U.S. for Chevron petroleum products.
Imports from Venezuela soared by 371 percent -- the largest increase on a percentage basis. The largest decline came with imports from Nigeria, which fell 89 percent, the Energy Department reported.
The largest supplier of imported petroleum products to
Ellie Mae stock sale raises $52.7 million
Pleasanton-based Ellie Mae raised $52.7 million through a secondary public offering of its stock.
Ellie Mae priced the shares at $17 each for the offering, which consisted of 3.1 million shares.
The cash will be used for working capital, general corporate purposes, including possible acquisitions of companies and technologies.