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EMN8 Raises $50M, Acquires Snapfinger

socalTECH

As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. The new funding was led by Sid R. Bass Associates, and also included Allegis Capital and individual investors. EMN8 is led by Perse Faily. READ MORE>>.

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AdventureLink Buys Competitor, Get Investment

socalTECH

Financial terms of the acquisition were not disclosed. According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital. Amount of that funding was not released. AdventureLink is also venture backed by Anthem Venture Partners and The Mail Room Fund. READ MORE>>.

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Staccato Merges With Artimi, Gets $20M

socalTECH

and raised $20M in new funding. According to Staccato, the funding came from Allegis Capital, Amadeus Capital Partners, Bay Partners, Charles River Ventures, Formative Ventures, Intel Capital, Interwest Partners, Khosla Ventures, Noble Venture Finance, Oak Investment Partners and Vision Capital. READ MORE>>

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VC Confidence Holds Steady in Quarterly Survey, But Reasons Change

Xconomy

In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.