socalTECH

OCTOBER 22, 2018

Netflix , the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion offering of Senior Notes, specifically for content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

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Netflix Content Acquisition Product 113

socalTECH

OCTOBER 25, 2018

WiseBanyon provides personal finance and investment management tools and its own technology platform, and was based in Las Vegas. Axos Financial said the acquisition would be immaterial to its finances. Financial details of the all-cash transaction were not announced.

Develop 167

Develop Development San Diego Tool 167

TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed. billion valuation.

Company 363

Company Companies Acquisition Equity 363

TechCrunch LA

MAY 12, 2020

And n ow, even with the economy continuing to collapse, the company is on the prowl for new acquisitions and expects to spend tens of millions of dollars on new deals. The PlayerFM deal stands out as an example of what the company looks for in an acquisition target, said Ritter. ”

Acquisition 136

Acquisition Media Los Angeles Google 136

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. Revolution Growth is the venture investment firm led by AOL execs Steve Case, Donn Davis, and Ted Leonsis. Scopely is led by Walter Driver.

Acquisition 113

Acquisition Mobile Venture Capital Los Angeles 113

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.

Invest 144

Invest Entrepreneur Venture Capital Funding 144

TechCrunch LA

JANUARY 30, 2019

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots , a Los Angeles-based developer of electric vehicle charging and energy management technologies. It is a step towards making EV charging more accessible and more attractive to utilities, businesses and communities.”.

Acquisition 248

Acquisition Resource Mobile Los Angeles 248

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

socalTECH

APRIL 13, 2021

Catalyze is backed by EnCap Investments, L.P. and Yorktown Partners LLC, and develops, constructs, and operates renewable power and storage projects for the commercial and industrial market. Convention Center--has been acquired by Colorado-based Catalyze, the companies said on Monday. Financial details of the deal were not announced.

Develop 113

Develop Development Los Angeles Invest 113

socalTECH

SEPTEMBER 18, 2014

The new investment gives RCS Capital a majority stake in Docupace. Docupace develops electronic document management software for managing the operations of broker-dealers. RCS Capital (RCAP) is a retail investment firm. Financial details of the deal were not disclosed. READ MORE>>.

Invest 147

Invest Acquisition Los Angeles Capital 147

Xconomy

SEPTEMBER 11, 2019

Avalon said Tuesday that GSK (NYSE: GSK ) has agreed to buy the company, Sitari Pharmaceuticals, which has been developing a treatment for celiac disease. Sitari was the first of eight companies spun up through the partnership between the Southern California investment outfit and British pharma company.

Avalon 56

Avalon Invest Southern California Develop 56

TechCrunch LA

SEPTEMBER 13, 2021

Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

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

DECEMBER 9, 2016

Los Angeles-based Tinder , the online dating app developer which had been led by Sean Rad, has spun out a new, mergers & acquisition arm called Swipe Ventures , which the company said will seek to expand Tinder's footprint through acquisition and development of new businesses and investments in new and existing businesses within the dating and (..)

Invest 100

Invest Acquisition Los Angeles Angel 100

socalTECH

AUGUST 23, 2017

San Diego-based MabVax Therapeutics , a biotechnology developer developing antibody-based treatments for cancer, said on Tuesday that it has raised $1.3M in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company.

Invest 113

Invest Company Companies San Diego 113

socalTECH

MARCH 11, 2019

Los Angeles-based private equity investor K1 Investment Management has acquired Digital Pharmacist , a software development firm which helps pharmacists manage refill reminders and other marketing. The deal was worth $125M. Digital Pharmacist, which is based in Austin, Texas, had been backed by LiveOak Venture Partners.

Invest 113

Invest Newsletter Social Media Equity 113

socalTECH

OCTOBER 12, 2016

Los Angeles-based Edlio , a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions.

Acquisition 100

Acquisition Software Class News 100

socalTECH

JULY 29, 2011

Irvine-based Specific Media has recruited an investment banker to head up its business development efforts, fresh off its acquisition of onetime social networking king MySpace. Schopen was overseeing merger and acquisition transactions, initial and secondary public offerings, and private capital raises at Piper Jaffray.

Media 157

Media Invest Social Network Acquisition 157

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

APRIL 30, 2013

Another day, another Southern California high tech company on the block: Newport Beach-based semiconductor developer Mindspeed said late Tuesday afternoon that it has retained Morgan Stanley & Co., the investment bank, to help the firm with "strategic alternatives". READ MORE>>.

Invest 138

Invest Southern California High Tech Acquisition 138

socalTECH

DECEMBER 22, 2015

San Diego-based AVACEN Medical , a developer of medical devices for treating fibromyalgia, said this morning that it has retained investment banker Objective Capital Partners, and is looking to sell the company. AVACEN Medical is led by Thomas G. Muehlbauer. READ MORE>>.

Invest 100

Invest San Diego Acquisition Capital 100

socalTECH

FEBRUARY 2, 2021

Los Angeles-based private equity investor Clearlake Capital, along with private equity partner Motive Partners sai this morning that the two have agreed to acquire 80% of New York-based InvestCLoud, which develops digital wealth and investment management software. Financial terms of the deal were not announced.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

MAY 19, 2015

Los Angeles-based print and newspaper distribution provider ACI Media Group said Tuesday afternoon that it has made an investment in software company MyDistrict.net. MyDistrict.net develops software used to manage the distribution of newspapers. Financial terms of the minority stake acquisition were not announced by the companies.

Media 100

Media Invest Los Angeles Acquisition 100

socalTECH

JANUARY 12, 2023

Los Angeles-base Cosm, which develops immersive media, said on Thursday that it has acquired C360, a developer of immersive video products based in Pittsburgh, PA. Financial details of the acquisition were not announced. Cosm said it was the lead investor in an early 2022 round of investment in C360.

Acquisition 100

Acquisition Los Angeles Media Invest 100

TechCrunch LA

MARCH 6, 2020

based company, San Vicente Acquisition Partners. The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based That ownership was later scrutinized by a U.S.

Los Angeles 321

Los Angeles Software Review Acquisition Report 321

socalTECH

AUGUST 15, 2013

Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Financial terms of the investment were not announced. blackline systems accounting software merger acquisition exit venture capital private equity'

Silver Lake 147

Silver Lake Invest Equity Venture Capital 147

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. Matt’s commitment to re-investing in tech startups is reminiscent to this great Fred Wilson post of “recycling capital. &#. Backstopping is when banks feel they are protected by VC’s investing in the company.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

OCTOBER 14, 2021

San Luis Obispo-based software developer Mindbody said on Wednesday that it has raised $500M in a strategic investment, and acquired ClassPass, a monthly subscription service which provides access to fitness and wellness experiences. According to Mindbody, the $500M investment came from an investment group led by Sixth Street.

Acquisition 113

Acquisition Equity Software Development Invest 113

socalTECH

FEBRUARY 22, 2018

Los Angeles-based biotechnology developer ImmunoCellular Therapeutics said this morning that it has launched a "review of strategic alternatives", and has hired an investment banking firm, Ladenburg Thalmann & Co. as a strategic financial advisor. READ MORE>>.

Invest 113

Invest Los Angeles Sales Angel 113

socalTECH

MAY 20, 2014

San Diego-based EDF Renewable Energy , the developer of solar power projects, said Monday that TIAA-CREF has made an investment in the firm. renewable energy photovoltaic cleantech merger acquisition venture capital project solar utility farm mojave catalina' Financial terms of the sale were not announced. READ MORE>>.

Invest 138

Invest San Diego Venture Capital Equity 138

socalTECH

NOVEMBER 30, 2021

Long Beach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned. Virgin Orbit is developing a space launch system based on a modified 747-400 aircraft.

Long Beach 113

Long Beach Acquisition Research Platform 113

socalTECH

FEBRUARY 2, 2015

San Diego-based Sony Online Entertainment , the developer of EverQuest and other massively multiplayer, online games, has been sold to investment management firm Columbus Nova , SOE said this morning. sony online entertainment everquest mmorpg videogame content studio merger acquisition' READ MORE>>.

Entertainment 100

Entertainment Invest San Diego Platform 100

socalTECH

MAY 14, 2014

San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. Financial terms of the investment were not disclosed. READ MORE>>.

Equity 100

Equity Invest San Diego Activity 100

socalTECH

MARCH 2, 2010

Irvine-based Kofax plc , a developer of document management software, said late Monday evening that it has hired Canaccord Adamas as a financial advisor and broker to the company. Tags: kofax document management software merger acquisition investment banker. Reason for the hiring of the firm was not given by the company.

Invest 145

Invest Acquisition Software Develop 145

socalTECH

OCTOBER 4, 2019

Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew, has seen its first exit out of its portfolio, with the acquisition this week of Threatcare , a developer of cybersecurity software. Financial terms of the acquisition were not announced. READ MORE>>.

Capital 113

Capital Acquisition Venture Capital Software Development 113

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St. Louis, Missouri.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

OCTOBER 19, 2021

San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd.

Platform 113

Platform San Diego Software Development Acquisition 113