socalTECH
SEPTEMBER 30, 2019
Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. Financial terms of the acquisition were not announced. Jaunt was founded in 2013. READ MORE>>.
socalTECH
JANUARY 23, 2014
Santa Monica-based Gravity , the real-time, personalization software developer led by Amit Kapur, has been acquired by AOL , in a deal worth $83M, plus $7.7M Gravity was venture backed by August Capital, Redpoint Ventures, and Upfront Ventures, and had raised around $20.6M in earnout. in total funding. in total funding. READ MORE>>.
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socalTECH
MARCH 11, 2014
Sonos develops wireless, whole-home speakers, which can stream music from either a local PC or from across the Internet. and Redpoint Ventures. sonos wireless music streaming revenues merger acquisition exit' Sonos is backed by BV Capital, Elevation Partner, Index Ventures, Kohlberg Kravis Roberts & Co., READ MORE>>.
socalTECH
JANUARY 20, 2012
Financial terms of the acquisition were not disclosed, however, the acquisition comes only four months after Mertado raised $2.3M in a round from Rustic canyon, Redpoint Ventures, Y Combinator, and Blumberg Capital. Mertado develops a social shopping service for Facebook.
socalTECH
JANUARY 13, 2015
Los Angeles-based dating app developer Tinder has acquired Chill , the maker of Tappy, a Snapchat-like instant messaging service which revolves around photo sharing. tappy chill tinder social sharing instant messaging merger acquisition' Financial terms of the buy were not disclosed. As part of the buy, Tappy will shut down.
socalTECH
JULY 6, 2018
Santa Barbara-based Sonos , which develops very easy to use, connected whole-home speaker systems, has filed for an IPO, saying in a filing on Friday that it is looking to raise up to $100M in an offering on the Nasdaq Global Select Market. percent of the company before the IPO--as well as Index Ventures and Redpoint Ventures.
socalTECH
JULY 27, 2018
Santa Barbara-based Sonos, the developer of user-friendly, Internet-connected, whole-home audio systems, is expected to hit the market next Friday, August 3rd, according to the NASDAQ IPO Calendar. Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. and $19.00 Actual pricing on the IPO should occur Thursday night.
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