socalTECH

JULY 6, 2021

Los Angeles-based electric vehicle charging network operator EVgo says it has completed its business combination with Climate Change Crisis Real Impact I Acquisition Corporation. The special purpose acquisition company (SPAC) deal creates a new, publicly traded company called EVgo Inc.,

.Net 133

.Net Acquisition Networking Los Angeles 133

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

socalTECH

OCTOBER 5, 2021

Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a social network built focused on self-care for teens. Financial terms of the acquisition were not announced.

Social Network 113

Social Network Acquisition Los Angeles Networking 113

socalTECH

JULY 3, 2019

Los Angeles-based electric vehicle (EV) charging network operator EV Connnect has put its backing behind a new, Australian startup, Evie Networks , which is looking to create its own network of ultra-fast EV chargers down under. READ MORE>>.

Networking 113

Networking Los Angeles Platform Invest 113

socalTECH

JANUARY 22, 2021

Los Angeles-based electric vehicle charging network operator EVgo said early on Friday morning that it will be going public, via an acquisition by a special-purpose acquisition company (SPAC).

.Net 113

.Net Acquisition Los Angeles Networking 113

socalTECH

MARCH 21, 2014

Newport Beach-based Miven Venture Partners , the private investment arm of Linksys founder Victor Tsao, has scored an exit in one of its portfolio companies, A10 Networks , after that company''s successful IPO this morning. Miven had invested in A10 Networks way back in 2006, as part of a Series B funding round for the company.

Networking 159

Networking Belkin SoCalTech Web 159

socalTECH

JUNE 7, 2017

Financial terms of the acquisition were not announced by the companies. Surf Air said it would work over the next 90 days to transition the RISE brand and experience into Surf Air, and that it eventually plans to merge the two networks, although it did not give firm dates on that merged service. READ MORE>>.

Anthem 100

Anthem Funding Acquisition Los Angeles 100

socalTECH

NOVEMBER 1, 2010

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. The new funding brings Rubicon's total funding to $60M. As part of the announcement, Rubicon said it will have over $100M in revenues in 2010. READ MORE>>.

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

NOVEMBER 22, 2010

Irvine-based Broadcom , the developer of networking and communications semiconductors, announced this morning that it has signed a definitive agreement to buy Gigle Networks , a provider of systems-on-a-chip for home networking over power lines. Gigle had raised at least $31M in venture funding. READ MORE>>.

Networking 124

Networking Equity Acquisition Funding 124

TechCrunch LA

FEBRUARY 19, 2020

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. The new batch of startups coming from across the U.S.

Artificial Inteligence 331

Artificial Inteligence Social Network Los Angeles Snapchat 331

socalTECH

AUGUST 9, 2021

Financial terms of the buy were not announced, and no details of the acquisition were announced. Swarm has a network of 120. Swarm had raised about $25M in total funding. The deal was uncovered via a series of filings with the FCC. cubesats"-- small satellites in orbit, which are providing Internet-of-Things services.

SpaceX 113

SpaceX Technology Acquisition Los Angeles 113

socalTECH

JUNE 13, 2019

The acquisition by Santa Monica-based Bird of fellow on-demand, scooter service operator Scoot Networks , was worth a mere $25M , according to the WSJ. Bird--which announced the acquisition of Scoot on Wednesday--did not disclose financial details of the deal. READ MORE>>.

Santa Monica 113

Santa Monica Report Demand Acquisition 113

socalTECH

FEBRUARY 28, 2018

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>>.

Draper 153

Draper Acquisition Entertainment Mobile 153

socalTECH

MAY 1, 2019

Irvine-based Solarflare , a developer semiconductor used for high performance, low latency networking, has been acquired by San Jose-based Xilinx. Financial details of the acquisition were not anounced. According to Xilinx, the deal will help the company accelerate its "data center first" strategy. READ MORE>>.

Cloud Computing 113

Cloud Computing Anthem Networking Acquisition 113

socalTECH

AUGUST 8, 2016

Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types. Our clients are everyone from fast growing, freshly funded startups, to the Fortune 100. We also have an office now in Houston as well as a result of the acquisition. Plus, they are great people.

Acquisition 100

Acquisition Paid Search El Segundo SEO 100

socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced. GeoLinks is led by co-founder and CEO Skyler Ditchfield.

Equity 113

Equity Acquisition Networking Capital 113

socalTECH

APRIL 20, 2017

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005. READ MORE>>.

Thousand Oaks 127

Thousand Oaks Acquisition Startup Networking 127

socalTECH

JANUARY 20, 2021

Lake Forest-based Higher Ground Education, which operates a network of Montessori schools in the US and China, says it has acquired software developer Altitude Learning LMS. According to Higher Ground, it has acquired the Altitude Learning LMS technology, along with Altitude's product and engineering teams.

Education 113

Education Equity Software Development Acquisition 113

socalTECH

MARCH 24, 2014

Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company , in a deal worth $500M, plus up to $450M in performance earn out. Maker operates a network of YouTube content channels--over 55,000--which gets 5.5 Maker operates a network of YouTube content channels--over 55,000--which gets 5.5

Culver City 210

Culver City Downey Burbank Hollywood 210

socalTECH

MAY 23, 2011

San Diego-based Active Network , the operator of online sports and event registration web sites, is expected to IPO this week on Wednesday, according to the NASDAQ's IPO calendar. Active Network has indicated it will sell 11,000,000 shares of its common stock in its IPO, at between $16.00 and $18.00 READ MORE>>.

Activity 138

Activity Networking San Diego Web 138

socalTECH

SEPTEMBER 20, 2017

The funding was led by Rincon Venture Partners, Wavemaker Partners, Frontier Venture Capital, and Apex Ventures. Financial details of the Dart Music acquisition was not announced. Born and Barger previously founded AudioMicro/AdRev (sold to Zealot Networks). in a seed financing round, according to the company. READ MORE>>.

Startup 177

Startup Venture Capital Content Google 177

socalTECH

DECEMBER 10, 2009

OVP Venture Partners , a venture firm in Oregon and Washington, is highlighting its latest "missed deal" in Aliso Viejo-based Networks In Motion. OVP is known for its list of "missed deals" in its portfolio, and recently added Networks In Motion to its missed deal for its 2001-era Fund 6. READ MORE>>.

Networking 133

Networking Orange County Redpoint Mission Ventures 133

socalTECH

NOVEMBER 4, 2014

Los Angeles-based Youtube network StyleHaul has been acuqired by European entertainment network RTL Group , in a deal that values the company at over $205M if earn out goals are met. The company said the initial acquisition values StyleHaul at $151.4M, not including that potential earnout. READ MORE>>.

Bertelsmann 147

Bertelsmann Acquisition Networking Entertainment 147

SoCal Tech Calendar

MARCH 17, 2010

Tuesday, March 23, 2010 -- Greater Los Angeles Finance Network Group. Companies are receiving debt financing and the funds are being used for growth and acquisition. However, what types of companies and industries are receiving funding and what are the debt terms? TechAmerica.

Los Angeles 100

Los Angeles Networking Angel Acquisition 100

socalTECH

FEBRUARY 7, 2019

The Tech Coast Angels (TCA), Southern California's big angel network, says it has seen a successful exit in its investment in Parcel Pending , a provider of package management solutions. According to the TCA, its members realized an 80 percent IRR on their investment in Parcel Pending, after its $100M acquisition on January 22nd by Neopost.

Tech Coast Angels 113

Tech Coast Angels Angel Southern California Invest 113

socalTECH

SEPTEMBER 22, 2021

Wolpert spent the last 16 years as a venture partner at Accel, has his own seed investment fund, Chance Technologies, and has made investments in such companies as Scopely, Replicated, The Immortals, Snap Credit, SteadyMD, inVia Robotics, Volley, Looped Live, Scener, and Lunar Crush, as well as Bridg (acq. by Cardlytics) and Jukin Media (acq.

Venture Capital 113

Venture Capital Los Angeles Invest Media 113

socalTECH

APRIL 9, 2010

Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Just a couple of weeks ago, Clearstone portfolio firm Meru Networks had a successful IPO on the NASDAQ.

Clearstone 208

Clearstone Santa Monica Incubator Acquisition 208

socalTECH

APRIL 3, 2014

Los Angeles-based AwesomenessTV --which is now part of Dreamworks--has acquired Big Frame , another local YouTube network operator. Series A funding back in 2012. AwesomenessTV''s acquisition by DreamWorks was one of the fastest and most profitable exits of a company ever in Southern California. The company had a $3.0M

Anthem 145

Anthem Southern California Acquisition Networking 145

Both Sides of the Table

SEPTEMBER 15, 2022

What You Can Learn From Public Markets It doesn’t really take a genius to realize that what happens in the public markets will filter back to the private markets because the ultimate exit of these companies is either an IPO or an acquisition (often by a public company whose valuation is fixed daily by the market).

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

Both Sides of the Table

JUNE 28, 2018

Ah, but Bird doesn’t have network effects! Of course you can have a few competitors and still find enough charges but once you’ve gotten 2–3 big players in any city it’s hard to imagine many more players building out as efficient of a charger network as the early innovator. There is nothing viral! Anybody can launch a scooter service!

Santa Monica 256

Santa Monica Funding Startup Course 256

SoCal CTO

NOVEMBER 17, 2009

A great opportunity for more visible networking. I frequently work on networking through the social web and building new relationships that will foster knowledge gathering or business growth. Our new customer acquisition has grown and our costs have plummeted. A negative customer acquisition cost!

Acquisition 170

Acquisition Customer Custom Ideas 170

socalTECH

JULY 30, 2018

Galvanize, which is based out of denver but has locations in Austin, Boulder, Denver, New York, Phoenix, San Francisco, and Seattle, said the acquisition and funding will add Los Angeles to its "innovation hubs" technology students, alumni, entrepreneurs, startups and established companies. READ MORE>>.

Los Angeles 100

Los Angeles Angel Software Engineering Activity 100

TechCrunch LA

MAY 3, 2022

However, although they are providing such significant value, a lot of them operate with limited funding and resources, which ultimately affects the customer experience. All of this is courtesy of a new $1 million seed extension from initial seed leads The Artemis Fund and Mercury Fund, with Bracken P.

Tool 179

Tool Customer Custom Marketing 179

socalTECH

MAY 13, 2013

Instead, one of his angel investments, Lucky Sort , has become part of Twitter in what looks to be an "acq-hire"--an acquisition to gain talent for the social networking service. Financial details of the buy were not disclosed, however, Lucky Sort looks to be shutting down its service as part of the acquisition. READ MORE>>.

San Diego 147

San Diego Social Network Tool Acquisition 147

socalTECH

JUNE 2, 2015

Purch , the online publishing company with offices in Culver City that owns Tom's Guide, TopTenReviews, Laptop, and other online publications, has raised $135M in a Series C funding round. The funding was led by Canso Investment Council, and included both equity and debt.

Culver City 100

Culver City Guide Equity Media 100

socalTECH

SEPTEMBER 19, 2014

The total exits from our "not qualified list" totaled $1.302 billion in IPOS; and somewhere between $160 and $180M in acquisitions. Brian Lee also gets double credit, with another of list companies--The Honest Company--recently raising $70M in funding. award acquisition merger exit enterepeneur socaltech50' READ MORE>>.

SoCalTech 166

SoCalTech Acquisition Truecar Southern California 166

Tech Zulu Event

NOVEMBER 15, 2012

To give you a quick refresher ResearceGate is a professional network for scientists. Koch says it is used to increase the speed and quality of their work even though it was being outgrown by other networks like ResearchGate. Koch now a consultant with the Boston Consulting Group says the acquisition is good for them.

Social Network 78

Social Network Networking Research News 78