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Upromise Acquired By LA's Prodege

socalTECH

El Segundo-based consumer rewards program operator Prodege , led by longtime SoCal technology veteran Chuck Davis, said Monday morning that it has acquired Upromise , the popular college education-saving rewards business which was owned by SLM Corporation (Sallie Mae). Financial terms of the acquisition were not announced.

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Fetch Technologies Sold To Connotate

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El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. in funding.

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Interview With Mike Mothner, Wpromote On Growth, Acquisitions

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Last week El Segundo-based Wpromote acquired fellow marketing agency Standing Dog, in a deal which brings the company to 260 employees, and continues to grow the company. Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types.

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JustFab Lands Huge, $76M Round For Fashion Startup

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El Segundo-based JustFab , the fashion subscription site led by Adam Goldenberg and Don Ressler, announced Thursday morning that it has raised a gigantic, $76M in a funding round. The new funding for the site was led by Rho Ventures, and also included Matrix Partners, Technology Crossover Ventures, and Intelligent Beauty.

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Wyle Buys Systems Engineering Firm

socalTECH

El Segundo-based Wyle , a provider of systems engineering, testing, and information technology services, said today that it has agreed to acquired CAS, Inc. , The firm said the acquisition will be funded by approximately $20M in equity from Court Square Capital Partners, plus approximately $200M in incremental debt.

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How ConsumerTrack Has Created A Growing, Profitable--and Mostly Unknown Business

socalTECH

In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. There''s lots of technology development behind what you do - can you talk about that? It sounds like you''re completely boostrapped. We do that methodically.

Startup 239
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Interview with Jeb Spencer, TVC Capital

socalTECH

Last week, El Segundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. It was interesting to see the acquisition of Accordent - it seems unusual to have only put in $4M in to a company in so many years, and yet you had a good exit?

Capital 168