Riverside, California, is quickly becoming a hub for technology and innovation, with global giants and local businesses making their mark. From advancements in cloud computing and cybersecurity to managed IT services, these companies are shaping Riverside’s tech ecosystem and creating thousands of jobs. Riverside County is home to more than 22,000 tech professionals who earn an average salary of $70,000. In 2023, Riverside’s GDP grew by 1.4%, reaching $98.88 billion.
Riverside’s tech scene is home to influential global companies like Esri, Tesla, and Datagenix, which shape the region’s economy. The city benefits from its proximity to Los Angeles, skilled workforce, and affordable business costs compared to more significant tech hubs. These factors make Riverside an attractive location for established companies and emerging tech startups, positioning it as a leading regional tech center.
The Top 10 Tech Companies in Riverside, California are:
- Esri
- Bourns Inc.
- SolarMax Technology
- Luxfer Gas Cylinders
- K&N Engineering
- Epson America, Inc.
- Tesla
- Flexsteel Pipeline Technologies
- Datagenix
- Captain IT
1. Esri
Esri, founded in 1969 by Jack and Laura Dangermond, has evolved from a company focused on environmental GIS applications to a global leader in Geographic Information Systems (GIS) technology. Headquartered in Redlands, California, Esri plays a pivotal role in the tech, healthcare, and logistics industry, employing a significant portion of its workforce within the region.
Esri’s journey began with the development of GIS software, and its flagship platform, ArcGIS, has become a cornerstone for mapping and spatial analytics across industries. ArcGIS is widely used by over a million active users across 350,000+ organizations, securing Esri an impressive 40% market share in the GIS industry. The platform enables advanced mapping and spatial analytics, real-time data monitoring for disaster management, and data visualization for improved decision-making. Esri’s technology supports urban development, enhances public service delivery, drives economic growth, and fosters community engagement by providing actionable insights. In healthcare, AI-enabled GIS tools can analyze public health data to predict the spread of diseases and optimize resource allocation during epidemics, helping hospitals and health authorities respond proactively.
Esri is heavily investing in solutions for real-time geospatial data, artificial intelligence integration, and IoT. Over the next decade, it aims to solidify its global leadership in GIS, driving initiatives that support smart city infrastructure, climate action, using AI and IoT in autonomous vehicles, and economic strategies. With a strong presence in Riverside and a global market share of 40% in GIS technology, Esri is a cornerstone of the tech industry, pushing the boundaries of data visualization and spatial analysis.
2. Bourns Inc.
Bourns Inc., founded in 1947 by Marlan and Rosemary Bourns in Altadena, California, has grown into a leading manufacturer of high-quality electronic components. The company specializes in producing sensors, resistors, and circuit protection devices for various industries. From automotive, where Bourns’ sensors and circuit protection devices help ensure vehicle safety and efficiency, to telecommunications, where their resistors and sensors improve signal quality and reliability, Bourns’ products are integral to the functionality and safety of many modern technologies. In healthcare, their components are critical in medical devices, providing precise data collection and ensuring patient safety.
With a workforce of 9,000 employees, Bourns has positioned itself as a major player in the electronics sector. The company achieved a peak revenue of $3.2 billion in 2023, reflecting its significant impact on local and global markets. Bourns’ commitment to excellence is evident in its impressive revenue per employee ratio of $355,556, showcasing the efficiency and effectiveness of its operations. Bourns operates several local manufacturing facilities that support global supply chains, ensuring timely delivery of high-quality components to customers worldwide. The company also prioritizes collaboration with local educational institutions for research and development (R&D), fostering innovation and advancing technological progress.
Bourns is set for continued growth by expanding its global presence, particularly in emerging markets, and serving the growing electrification sector. The company invests in R&D to drive innovation across the automotive, telecommunications, and healthcare industries. Bourns is also pursuing strategic acquisitions to diversify its product portfolio and strengthen market leadership. As it adapts to market dynamics, Bourns is well-positioned to maintain its role as a global leader in the electronics industry, navigating challenges while driving technological advancement and growth.
3. SolarMax Technology
Founded in 2008, SolarMax Technology has rapidly become a key player in the renewable energy sector. It specializes in providing solar energy solutions for residential and commercial customers.SolarMax is committed to advancing clean energy and helping communities transition to more sustainable energy sources and become more independent on a single energy source.
With a strong dedication to customer satisfaction, SolarMax has earned an impressive 95% customer satisfaction rate, showcasing its commitment to delivering high-quality products and services that meet the needs of its diverse clientele. Despite facing some financial fluctuations, with revenue of $6.3 million in Q3 2024 compared to $14.3 million in Q3 2023, SolarMax continues to maintain its position as a leader in the solar energy market.
The company is pivotal in Riverside’s climate initiatives, actively promoting solar technology to reduce carbon emissions and improve energy efficiency. SolarMax plans to enhance its offerings by advancing solar storage solutions, focusing on advanced battery technologies that allow customers to store excess energy for later use, improving energy independence. The company is also investing in innovative technologies like smart inverters that optimize energy production and IoT-based monitoring systems that provide real-time performance data. These innovations will increase the efficiency and reliability of SolarMax’s systems and make solar power more accessible and sustainable, reinforcing the company’s leadership in the renewable energy sector.
4. Luxfer Gas Cylinders
Luxfer Gas Cylinders, headquartered in Riverside, California, is a global leader in manufacturing high-pressure gas cylinders made from aluminum and composite materials. Established in 1947, Luxfer has become a trusted supplier in the gas containment industry, serving various sectors, including medical, industrial, aerospace, alternative fuels, and public safety. With more than 70 million cylinders in service worldwide, Luxfer’s products are essential for safely storing and transporting gases across various applications.
The company operates additional manufacturing facilities in Pomona, California; Nottingham, England; Calgary, Canada; and Shanghai, China, reinforcing its global presence. Luxfer reported an impressive revenue of $91.4 million in Q3 2024, a 1.2% increase year over year., solidifying its significant role in the industrial machinery manufacturing sector. Luxfer’s operations also contribute to the local economy in Riverside, where it employs between 501 and 1,000 people, driving job creation and supporting ongoing industry innovation.
Luxfer Gas Cylinders is advancing its hydrogen storage solutions to support the growing demand for clean energy. The company has partnered with Hypermotive to develop an automated system for managing hydrogen storage, filling, and distribution to reduce operational complexity and costs. Additionally, Luxfer has introduced the G-Stor™ Hydrosphere, a high-capacity hydrogen storage solution designed to facilitate the transportation and distribution of hydrogen. Through these initiatives, Luxfer aims to play a pivotal role in transitioning to a sustainable hydrogen economy, enhancing the efficiency and accessibility of hydrogen storage and distribution systems.
5. K&N Engineering
K&N Engineering, founded in 1969 by Ken Johnson and Norm McDonald, is a leading manufacturer of high-performance automotive products headquartered in Riverside, California. K&N specializes in washable air filters, air intake systems, and oil filters that significantly enhance engine performance. The company maintains ISO 9001 certification, ensuring high manufacturing standards and product reliability, which underscores its commitment to quality and continuous improvement in product development. These products are used in over 90 countries, with over 12,000 items available for cars, trucks, motorcycles, and industrial applications. A notable success story includes K&N’s air filters being used in NASCAR and NHRA, where their ability to provide high-flow filtration has been critical in improving engine efficiency and boosting performance on the race track.
K&N’s products, such as the high-flow air filters and intake systems, are engineered to increase airflow by up to 50%, improving fuel efficiency and providing more power to the engine. For example, K&N air filters are tested to capture 99.9% of dirt and debris, ensuring long-lasting performance. The company’s products have been tested in real-world conditions, from NASCAR engines to everyday consumer vehicles. One example includes a Toyota Tacoma using K&N’s intake system, which showed a 10% improvement in horsepower and fuel efficiency after installation. K&N’s oil filters also feature high-performance anti-drain back valves to ensure superior filtration under extreme conditions, further enhancing engine longevity.
K&N is also committed to sustainability with its reusable filters, reducing waste, and supporting environmental goals. These filters can last up to 100,000 miles, significantly reducing landfill waste compared to traditional disposable filters. K&N’s products also contribute to better fuel efficiency, as their high-flow filtration systems allow for smoother airflow, leading to improved engine performance and reduced fuel consumption. With $130 million in revenue in 2023 and approximately 577 employees, K&N continues to innovate in R&D, delivering products that improve vehicle performance and contribute to eco-conscious automotive solutions, enhancing engine efficiency and sustainability.
6. Epson America, Inc.
Epson America, Inc., established as Daiwa Kogyo Ltd. in 1942 and rebranded in 1975, is a global leader in printers, projectors, and imaging technologies. Headquartered in Long Beach, California, with significant operations in Riverside, Epson has made a mark with innovations like Micro Piezo inkjet technology, which enhances print quality and efficiency. This technology uses a piezoelectric element to precisely control the ink droplets for more accurate and sharper printing. Epson’s RIPS (Replaceable Ink Pack System) is another cutting-edge solution that provides high-volume printing with minimal downtime, reducing the overall cost of ink consumption while maintaining consistent, high-quality results in textiles, labels, and packaging applications. Epson’s first-half revenue from April 1, 2024, to September 30, 2024, is $4.73 billion globally, marking a 5.6% increase compared to the same period in the previous year.
Epson’s products are pivotal in industrial solutions, helping businesses streamline production processes. For example, Epson’s industrial printers are used in the textiles industry for high-quality fabric printing, where the precision of Micro Piezo technology ensures vibrant, durable colors. Epson’s high-speed inkjet printers create custom labels with sharp text and graphics in the labels sector, boosting efficiency and reducing waste. In packaging, Epson’s solutions enable companies to produce on-demand, short-run packaging with high-quality prints, optimizing inventory and reducing costs. Epson’s printers also have applications in education and corporate settings, with laser projectors providing bright, clear visuals in meeting rooms and classrooms, offering energy-efficient solutions for professional presentations.
Epson is committed to sustainability and aims to achieve a zero environmental footprint by 2050. The company’s recycling programs for used cartridges and printers significantly reduce waste and promote a circular economy. At the same time, its reusable ink packs help minimize landfill contributions by lasting up to 100,000 pages. Epson’s products are designed with energy-saving modes that reduce power consumption by up to 70% compared to traditional models, contributing to lower carbon emissions and energy costs. Furthermore, Micro Piezo inkjet technology allows for more efficient ink use, reducing waste and ensuring higher print yields. These initiatives support Epson’s sustainability goals and enable businesses and consumers to make eco-conscious choices, reinforcing Epson’s role in fostering greener, more energy-efficient practices across industries.
7. Tesla
Tesla, Inc., founded in 2003 by Martin Eberhard and Marc Tarpenning and led by Elon Musk since 2008, has changed the world of electric cars (EVs) and clean energy. Tesla aims to create high-performance electric cars with zero emissions, making the auto industry cleaner and greener. In Riverside, Tesla’s battery storage systems and solar energy solutions are becoming more popular, helping the city grow its clean energy use. The increase in Tesla charging stations around the city supports more electric cars on the road.
Tesla’s influence in Riverside goes beyond vehicle sales. The company’s battery storage advancements help businesses and homeowners store excess solar energy, reducing dependence on traditional grid systems. Tesla’s solar power solutions, including the Powerwall system, reduce carbon emissions while offering sustainable energy alternatives, playing a key role in Riverside’s sustainability goals and energy resilience. Tesla reported a $25.182 billion revenue in Q3 2024, reflecting a 7.85% increase year over year, showcasing the growing demand for its products and clean energy solutions.
Tesla’s presence in Riverside also boosts the local economy by creating jobs. The company’s supply chain and distribution network help deliver cars and parts efficiently. Tesla’s focus on energy-efficient technologies, such as Microgrid and Powerpack, also encourages environmentally-friendly practices. As Tesla continues to grow and develop new clean energy solutions, it plays a significant role in shaping a more sustainable future in Riverside and worldwide.
8. Flexsteel Pipeline Technologies
FlexSteel Pipeline Technologies, founded in 2005, has its roots in offshore pipeline technology originally developed by Wellstream International Limited. Based in Houston, Texas, with significant operations impacting the Riverside area, FlexSteel specializes in innovative, flexible pipe solutions for the oil and gas industry and other sectors requiring durable pipeline technologies. The company reported an annual revenue of approximately $107.2 million and employs around 286 individuals, contributing to local and national economies.
FlexSteel’s products are primarily used in oil and gas production, providing reliable solutions for transporting oil and gas through flowlines and risers. In addition to energy applications, their flexible pipe technology is crucial for water transfer, including water injection lines and civil or military water transfer systems, ensuring efficient fluid movement. Beyond the energy sector, FlexSteel’s technology is also applied in mining operations and municipal applications, including gas transmission and water distribution systems, making their products essential for infrastructure in various industries.
FlexSteel is committed to advancing safety and sustainability in pipeline technologies. Their pipes are specifically designed for high corrosion resistance, significantly reducing the need for maintenance and extending the lifespan of pipelines compared to traditional steel. The company’s spoolable design allows easier and more efficient installation, minimizing labor costs and environmental disruption. FlexSteel’s focus on durable, long-lasting products contributes to sustainability by reducing the frequency of replacements and minimizing waste, solidifying its role in fostering economic and environmental progress. Through continuous research and development, the company tailors its products to meet the evolving needs of various industries, ensuring that its solutions remain at the forefront of innovation.
9. Datagenix
Datagenix, founded in 2000 by a team with over 16 years of experience in healthcare and benefits management, is headquartered at 5225 Canyon Crest Dr. Ste 357, Riverside, California. The company specializes in software solutions for health claims processing and benefits administration, helping healthcare providers and organizations streamline operations. With an estimated annual revenue of $217.5k and employing around 10 to 11 individuals, Datagenix supports the local job market and contributes to Riverside’s economic growth.
Datagenix offers the ClaimScape Products Suite, which provides comprehensive claims management and benefits administration solutions. The ClaimScape Medical Claims Processing System helps third-party administrators (TPAs), independent practice associations (IPAs), and health insurance companies efficiently manage medical claims. The ClaimScape Web Access Portal provides easy access for insured individuals, healthcare providers, and administrators, improving communication and efficiency. The ClaimScape TPA Dashboard Web Reporting System offers real-time reporting tools, giving clients better operational visibility. Datagenix also provides automated benefits administration solutions for self-administered employer groups and managed care organizations, simplifying and streamlining their processes.
Datagenix emphasizes user-friendly interfaces to reduce training time and enhance operational efficiency. The company is also committed to data security, ensuring that sensitive health information is protected through 24/7 monitoring. Through its innovative software solutions, Datagenix continues to advance healthcare technology, enabling local healthcare providers to improve their capabilities and services. The company is dedicated to ongoing innovation, continuously refining its products and offering integration services to ensure seamless customization and support for its client’s evolving needs.
10. Captain IT
Captain IT, founded in 2010, is a trusted Managed Service provider in Riverside, California. Specializing in delivering secure, efficient, and tailored IT solutions, Captain IT helps businesses across various industries, including manufacturing, construction, healthcare, and nonprofits, optimize their IT infrastructure and enhance operational efficiency. The company focuses on providing reliable IT support, ensuring that businesses can rely on technology for smooth day-to-day operations.
Captain IT offers various services, including IT support, cybersecurity, cloud solutions, network management, and disaster recovery, making it one of the top tech companies in Riverside. Known for its customized IT strategies, the company tailors solutions to meet each client’s needs. Captain IT has expanded its focus on cloud migration and cybersecurity, helping businesses stay resilient and secure. As a key managed service provider in Riverside, Captain IT is dedicated to helping local businesses stay ahead with reliable IT solutions that foster business continuity and growth.
