socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

JULY 7, 2014

Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. Financial details of those acquisitions were not announced. READ MORE>>.

Invest 138

Invest Outsource Company Companies 138

socalTECH

JUNE 28, 2021

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. The company said that current CEO Anton Chilton will continue to lead the company, whcih will continue to maintain its headquarters in Santa Barbara.

Equity 113

Equity Acquisition Santa Barbara Resource 113

socalTECH

JULY 30, 2021

says it will be making a $10M investment in a European electric vehicle charging network operator, Allego B.V., as part of a special purpose acquisition company (SPAC) merger between Allego and Spartan Acquisition Corp. According to Fisker, it will invest $10M in the PIPE. Allego was founded in 2013.

Invest 113

Invest Networking Acquisition Los Angeles 113

socalTECH

DECEMBER 9, 2013

San Diego-based medical device maker CareFusion said this morning that it has invested $100M in an Israeli medical device company, Caesarea Medical Electronics (CME). CareFusion said the investment will give it a 40 percent, minority stake in the Israeli maker of infusion and syringe pumps. Caesarea makes infusion pump systems.

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Invest Company Companies San Diego 149

socalTECH

AUGUST 23, 2017

in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company. The publicly held company, which trades on the Nasdaq at MBVX, said the new funding will go toward working capital and general corporate purposes. READ MORE>>.

Invest 113

Invest Company Companies San Diego 113

socalTECH

FEBRUARY 11, 2021

Santa Monica-based private equity investor Clearlake Capital said this morning that it has created a new company, Newfold Digital, through the acquisition of Endurance International Group, plus strategic investment transactions with both Web.com and affiliates of Siris.

Capital 113

Capital Santa Monica Company Companies 113

socalTECH

OCTOBER 14, 2019

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., the company said last week.

Entertainment 113

Entertainment Invest Los Angeles Content 113

socalTECH

JANUARY 30, 2018

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has scored an exit at portfolio company Edbacker. Financial details of the acquisition were not announced. Financial details of the acquisition were not announced. READ MORE>>.

Acquisition 113

Acquisition Capital Los Angeles Tool 113

socalTECH

FEBRUARY 1, 2022

Westlake Village-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.

Westlake Village 100

Westlake Village Invest Acquisition Capital 100

TechCrunch LA

SEPTEMBER 13, 2021

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

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Technical Review Software Review Invest Acquisition 296

socalTECH

JULY 8, 2019

Mojave-based Virgin Galactic , the space tourism venture led by Richard Branson, is looking to go public via a merger with a special purpose acquisition company (SPAC), called Social Capital Hedosophia Holdings Corp. according to the WSJ. Virgin Galactic has not yet announced any details on the deal. READ MORE>>.

Acquisition 113

Acquisition Capital Invest Company 113

socalTECH

APRIL 12, 2021

Santa Monica-based private equity investor Sole Source Capital announced last week that it has acquired two companies, Peak-Ryzex and Optical Phusion, two companies in the factory automation area. Financial details of the transaction were not announced.

Capital 113

Capital Santa Monica Company Companies 113

TechCrunch LA

MAY 12, 2020

Over the past three years the Los Angeles-based startup Maple Media has amassed a portfolio of roughly thirty companies and one hundred apps in its quest to become the IAC of app store businesses. The company recently acquired PlayerFM , a podcast discovery service, for an undisclosed amount to expand its footprint in the podcast space.

Acquisition 136

Acquisition Media Los Angeles Google 136

TechCrunch LA

JANUARY 30, 2019

Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused investment firm. “As This latest investment in meeting the low-carbon energy needs of US drivers today is part of our wider efforts to make a better tomorrow.

Acquisition 248

Acquisition Resource Mobile Los Angeles 248

TechCrunch LA

JULY 29, 2020

After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early-stage retail investment firm out of New York, XRC Labs. “From day one, my belief was Joymode was going to be huge or dead.

Invest 263

Invest Services Southern California Ideas 263

Startup Professionals Musings

OCTOBER 26, 2020

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

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Invest Entrepreneur Venture Capital Funding 144

Both Sides of the Table

AUGUST 11, 2021

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. For these companies, it looks like a rosy picture. But if you ask anyone in the ecosystem of customer acquisition?—?founders, Why Did I Invest in Trust?

Product 424

Product Platform Advertising Acquisition 424

socalTECH

JUNE 15, 2017

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. As part of the funding, Donn Davis of Revolution Growth will join the company's board. The company says it has more than 125 million players for its mobile games.

Acquisition 113

Acquisition Mobile Venture Capital Los Angeles 113

Berkonomics

JUNE 29, 2017

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

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Invest Entrepreneur Sales Startup 243

socalTECH

NOVEMBER 7, 2017

Financial details of the acquisition were not announced. DMP said the acquisition is the second for the company this year, including an acquisition in July of DMTI Spatial, a Canadian location intelligence and data company. READ MORE>>.

Product 124

Product Company Companies Acquisition 124

socalTECH

OCTOBER 11, 2018

Broadcom said the memo--which it says has confirmed with Department of Defense officials is a forged document--had claimed that there is a need of review of Broadcom's acquisition of CA Technologies by the Committee on Foreign Investment in the United States (CFIUS). READ MORE>>.

Acquisition 100

Acquisition Orange County Technical Review Software Review 100

socalTECH

JULY 26, 2017

Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. refused to approve the transaction.

Entertainment 113

Entertainment Invest Southern California San Diego 113

Berkonomics

SEPTEMBER 6, 2018

Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test. Should I make an acquisition to increase value? Odds that an acquisition will be a success.

Company 120

Company Companies Acquisition Resource 120

socalTECH

FEBRUARY 1, 2021

According to the two, Geely Holdings Group will become a minority investor in Faraday Future, as part of Faraday's merge with Property Solutions Acquisition Corp. PSAC), the special purpose acquisition company (SPAC) which is being used to deliver Faraday Future into the public markets.

Invest 113

Invest Acquisition Los Angeles Services 113

Berkonomics

MARCH 28, 2024

Even venture capitalists who sit on boards where they have significant investments often forget this point. They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth.

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Class Coach Invest Sales 282

Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Are you making the proper investment, and is it paying off? Thus I was pleased to see this subject, and related strategy decisions, covered well in a recent book, “ Brand Vision ,” by Jim Everhart.

Customer 100

Customer Custom Acquisition Technical Review 100

socalTECH

DECEMBER 17, 2010

El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. The acquisition, which had originally been announced in September, was worth $640M. JMI Equity also invested in Internet Brands as part of the sale. READ MORE>>.

Internet Brands 220

Internet Brands Acquisition El Segundo Equity 220

socalTECH

FEBRUARY 5, 2018

Santa Monica-based Leaf Group , the publicly traded consumer Internet company best known for running such sites as Saatchi Art, Society6, EHow, and Livestrong, said it is looking to offer and sell approximately $22M in shares of its common stock. Leaf Group says it does not have any specific acquisitions in mind. READ MORE>>.

Acquisition 113

Acquisition eHow Santa Monica Demand 113

socalTECH

APRIL 30, 2019

San Diego-based Quality Built , a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. Size of the investment was not announced. READ MORE>>.

Invest 113

Invest Capital San Diego Equity 113

socalTECH

SEPTEMBER 18, 2014

The new investment gives RCS Capital a majority stake in Docupace. Docupace said the company will continue to be led by President and CEO Michael Pinsker, as well as its existing management team. Docupace said the company will continue to be led by President and CEO Michael Pinsker, as well as its existing management team.

Invest 147

Invest Acquisition Los Angeles Capital 147

socalTECH

JANUARY 4, 2016

Irvine-based mobile accessory maker Incipio has scored an investment from private equity investor Goode Partners, the company announced this morning, via a minority investment. Incipio did not disclose the size of the investment. READ MORE>>.

Equity 100

Equity Invest Acquisition Mobile 100

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. StackCommerce was advised by investment bank CG Petsky Prunier, part of the Canaccord Genuity Group.

Media 134

Media Commerce Company Companies 134

Tech.Co

FEBRUARY 8, 2019

It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. The company has stated that it plans to spend a total of $500 million on podcasting investments, meaning it still has a few hundred million to burn. That’s because the acquisitions make Spotify a publisher, as well as platform.

Acquisition 124

Acquisition Media News Platform 124

socalTECH

JANUARY 22, 2014

in funding, the company said Tuesday. The funding round came from Gladstone Investment Corporation and Gladstone Capital Corporation. from Gladstone Investment, with the remainder from Gladstone Capital, giving it an ownership of a portion of BuyAutoParts.com. capital venture equity private acquisition merger buyautoparts'

Equity 133

Equity Acquisition San Diego Capital 133

socalTECH

OCTOBER 22, 2020

DataBank , a provider of colocation and managed services company which is owned by Los Angeles-based private equity investor Colony Capital , has made a $30M, strategic investment in EdgePresence , a developer of data centers. Colony Capital said the investment will help it augmented DataBank's more traditional data center portfolio.

Capital 113

Capital Invest Equity Los Angeles 113

socalTECH

FEBRUARY 10, 2016

The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies. The total number of deals in 2015 was up from just 17 investments in 2014.

Pasadena Angels 100

Pasadena Angels Pasadena Invest Angel 100