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TeleSign Names Co-Founder To CEO Post

socalTECH

Disraeli co-founded TeleSign with Stacy Stubblefield and Darren Berkovitz in 2005. According to TeleSign, Disraeli will help continue the firm's focus on its core business areas, plus investment in new solutions for its customers. TeleSign was acquired by BICS in 2017, and now has more than 300 employees. READ MORE>>.

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Verifi Acquired By Visa

socalTECH

Verifi develops dispute resolution tools used to help buyers and sellers resolve disputes. Verifi had been led by CEO Matthew Katz, and was founded in 2005. Visa said it will integrate Verifi's chargeback tools with its own risk management services, including its service delivered by CardinalCommerce and CyberSource. READ MORE>>.

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Visa Completes Verifi Acquisition

socalTECH

Visa said the buy will help it extend its dispute resolution capabilities to support a broad range of payments brands and partners across the ecosystem. Verifi had been led by CEO Matthew Katz, and was founded in 2005. Financial details of the deal, which was first announced in July , have not been announced. READ MORE>>.

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Student of Fortune Acquired By Chegg

socalTECH

Los Angeles-based Student of Fortune , the online tutorial marketplace and homework help site headed by Sean McCleese, has been acquired by textbook marketplace site Chegg , Chegg said Friday. Student of Fortune was founded in 2005. Financial terms of the acquisition were not disclosed. READ MORE>>.

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Takeda Unites San Diego Operations At New ‘Biotech-Style’ R&D Center

Xconomy

In 2005, Japan’s big drug firm Takeda acquired a company in North America for the first time. That company was Syrrx, a private San Diego-based biotech that used X-ray crystallography to help determine the structures of disease-related molecules so drugs could be designed to target them.

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MindTouch Picks Up $12M For Customer Self Service Software

socalTECH

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE.

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Wpromote Buys Standing Dog For Digital Marketing Efforts

socalTECH

Wpromote says it has hired on senior management and more than 70 employees from Standing Dog, which will help boost the company's annual run rate to $35M this year. Standing Dog was founded in 2005, and was based in Texas. Financial terms of the acquisition were not disclosed.