Love the integration of mountains, water, and palmtree. Especially the word part of the logo. Would love to see some more punchiness in the top part of the design (maybe more orange?). The palm tree doesn't really stand out like maybe it should.
Love the direction you're moving in! Would like to see the California icon a bit more web appy. (Think of facebooks "f" or Twitter's "t").
One associate with our startup thinks it would be interesting to segment the california icon into thirds and designate each portion to a climate/topography of california (Maybe snowy mountains on the top third, alpine trees/forest in the second, and palm trees/ beach oceans in the bottom). But again if that is too much don't worry about it. We appreciate your work so far and look forward to more of your designs.