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Shopzilla Sold To Symphony Technology Group

socalTECH

Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. Scripps said that Shopzilla's "mission and future trajectory diverge" from the firm's focus on lifestyle media brands. Scripps bought Shopzilla in 2005 for $525M.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Other examples include media tech companies ZEFR and GumGum � both having record years and positioned extremely well for continued growth in 2017. Traditional venture capitalists will focus on leading larger rounds of equity in fewer companies. What's your favorite technology gadget, device, or innovation you ran across this year?

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With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown significantly. Sieg recently joined us on Equity , TechCrunch’s venture capital podcast, to explain the firm’s “rise of the rest” philosophy.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. million of a new financing round intended to bring in $62.8

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How Kixer Is Connecting Mobile Web Users To Apps

socalTECH

What we saw back in 2005, was that everyone was making a ton of money on desktop ads, because that''s where the users were. I learned a lot about the media business and transactions there. So I took a massive pay cut to take a job at Evolve Media to work on a combination of law and business stuff for them.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002. The idea is simply to foster the community and support up-and-coming entrepreneurs.