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FastSpring Acquired By Accel-KKR

socalTECH

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. Traditional venture capitalists will focus on leading larger rounds of equity in fewer companies. Since joining SVB in 2005, Rob has led debt transactions for more than 100 public and private companies. Rob Freelen: Focus.

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Shopzilla Sold To Symphony Technology Group

socalTECH

Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. Scripps bought Shopzilla in 2005 for $525M. The firms said that Symphony Technology Group would continue and accelerate the growth of Shopzilla. READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets.

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How Kixer Is Connecting Mobile Web Users To Apps

socalTECH

Los Angeles-based Kixer (www.kixer.com) has figured out one way--which is to connect those mobile users with ads from app developers, who have the opposite problem of trying to boost their user base. What we saw back in 2005, was that everyone was making a ton of money on desktop ads, because that''s where the users were. READ MORE>>.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

billion in 2005, and also currently represents Rdio, Beats Electronics, Riot Games, Ad.ly, Redpoint Ventures, and several other prominent private and publicly traded clients. socalcto socaltech The firm made a name for itself representing Skype from formation in 2003 through its ultimate sale to eBay for $2.6 Follow @pandodaily.

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Interview with Scott Saunders, Payoff.com

socalTECH

The firm is backed by a notable list of angel investors, and based in Los Angeles. Scott Saunders: I spent nearly my entire career on the investment side, and in 2005 switched over to the entrepreneurial side of the world. Tell me the story behind Payoff.com? I built up the company, the Walz Group, with partners.

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