socalTECH
JUNE 28, 2021
Los Angeles-based Oblong, which develops futuristic collaboration systems, said on Monday that it has raised $12.4M Oblong said it intends to use the net proceeds for general corporate purposes. The company's placement agent for the offering was The Special Equities Group, a division of Dawson James Securities, Inc.
socalTECH
JUNE 3, 2021
Los Angeles-based Wi-Fi network and distributed antenna systems provider Boingo Wireless is now officially owned by private equity investor Digital Colony, the two said on Wednesday. The deal also included assumption of $199M in Boingo's net debt obligations, which is included in the valuation. Digital Colony paid $14.00
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socalTECH
JULY 3, 2017
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. READ MORE>>.
TechCrunch LA
MARCH 27, 2021
That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.
TechCrunch LA
JULY 24, 2019
Postmates’ cooler-inspired autonomous delivery robot, which will roll out commercially in Los Angeles later this year, will rely on lidar sensors from Ouster, a burgeoning two-year-old startup that recently raised $60 million in equity and debt funding.
socalTECH
JUNE 25, 2014
The move puts the company''s focused squarely on its Los Angeles operations. The sale netted the company $20M, which it will use to fund its U.S. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels. moviepilot angeles merger acquisition webedia' READ MORE>>.
socalTECH
JANUARY 19, 2016
Los Angeles-based online advertising technology provider OpenX said late Monday evening that the company has reached $140M in revenues, which it says is a record. The company also says it has been growing in terms of employees; the company said it had 110 net new hires in 2015, a 31 percent increase in its headcount.
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