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UNest Acquires Kidfund

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North Hollywood-based UNest, a fintech startup backed by Anthos Capital, Draper Dragon, The Artemis Fund, Northwestern Mutual Future Ventures, NBA All Star Baron Davis, and Band of Angels, says this morning that it has acquired Kidfund, the developer of an app which helps parents save money for their kids and which teaches good financial habits.

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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

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According to Phunware , a developer of mobile application lifecycle management software, it has been acquired by Stellar Acquisition II , which is listed on the NASDAQ Stock Market. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. READ MORE>>.

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j2 Global Buys SugarSync

socalTECH

j2 Global said the acquisition is not expected to be material to the company. SugarSync had been based in San Mateo, California, and had been venture backed by Coral Group, Draper Fisher Jurvetson, Hatteras Venture Partners, Hercules Finance LLC, Selby Ventures, and Sigma Partners, and had raised around $45M in funding.

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CapLinked Adds Investors To Series A

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Los Angeles-based business transactions and dealroom service CapLinked has rounded up some new investors today, saying that it has added additional investors in its Series A funding. The startup said its clients include Edwards Lifesciences, Draper and Kramer, Proprietary Capital, Thomson Reuters, Sun Capital, and NextView Ventures.

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Ripple Acquirer Raises Funds

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Casting some additional light on the acquisition of El Segundo-based Ripple last week, acquiring firm TargetCast Networks revealed today that it has received a new round of venture capital worth $6.5M from one of Ripple's primary backers, Draper Fisher Jurvetson. According to TargetCast, which is based in the Bay Area, it received $6.5M

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Siimpel Acquired By Tessera

socalTECH

The firm was venture backed by Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, Zone Ventures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica; the firm had raised over $65M in funding over its lifetime. Tags: siimpel tessera semiconductor mems merger acquisition.

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Genomatica Drops IPO Plans, Raises $41.5M

socalTECH

Genomatica is venture backed by TPG biotechnology Partners, Mohr Davidow Ventures, VantagePoint Venture Partners, Alloy Ventures, Draper Fisher Jurvetson, WM Organic Growth and others. The firm announced that instead, the company has raised $41.5M

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