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Woo Media Sold To Zoosk

socalTECH

Woo Media , the operator of the online dating site WooMe.com, has been acquired by San Francisco-based Zoosk , the company said Thursday. Woo Media--which had offices in Los Angeles, San Francisco, and London--did not disclose financial terms of the deal.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles. “That worldwide reach is very important,” Grignon said.

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Evite Names Two Execs

socalTECH

Los Angeles-based Evite has named two executives, saying today that it has named James Woo as President and David Grant as Vice President of Product. Woo previously served at such companies at Next Generation Esports, where he served as President and CEO, as wlel as Nomad Financial, and Marsh McLennan.

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Evite Appoints Head Of Product

socalTECH

Los Angeles-based online invitations service Evite announced this morning that it has named Yun Woo as its new Head of Product, to oversee development of the company's product. Evite said Woo has nearly 20 years of experience in conceiving, designing and launching mobile apps and websites for the largest brands. READ MORE>>.

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HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business

TechCrunch LA

Unlike most banking startups that woo customers with easy credit and savvy online user interfaces, HMBradley is pitching a better savings account. With climbing numbers on the back of limited marketing, Bruhnke said raising the company’s latest round of financing was a breeze. . on their deposits. on their deposits.

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Openpath’s security system for physical access gets a $36 million boost

TechCrunch LA

The round was led by Greycroft, which had been following the company’s progress for years, and included participation from strategic investors like Okta Ventures, the venture capital investment arm of Lincoln Property Companies, Allegion Ventures and Sentre, and included follow-on from existing investors. ”

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.

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