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Axos Financial Buys Robo Advisor Developer WiseBanyan

socalTECH

Axos Financial said the acquisition would be immaterial to its finances. WiseBanyan was founded in 2013, an is known as a "robo advisor"--providing financial and investment management services for its clients using software tools.

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Sonos: $535M In Revenue In 2013

socalTECH

However, the company disclosed Monday that it had $535M in revenue in 2013, nearly double the revenues the company had in 2012, making it one of the largest companies on the Central Coast. Sonos develops wireless, whole-home speakers, which can stream music from either a local PC or from across the Internet. and Redpoint Ventures.

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Monoprice Acquisition By Blucora Completes

socalTECH

The acquisition of Rancho Cucamonga-based Monoprice , a developer of its own line of branded consumer electronics and accessories, has completed, Blucora announced Thursday afternoon, in a deal that had been announced earlier this month. million in the third quarter of 2013. million in the third quarter of 2013.

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Websense, After Move From San Diego, In Acquisition Talks

socalTECH

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

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Seismic Acquires Grapevine6

socalTECH

San Diego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Financial terms of the acquisition were not announced. Grapevine6 was based in Toronto, Canada, and had been founded in 2013. READ MORE>>.

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Jaunt Acquired By Verizon

socalTECH

Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. Financial terms of the acquisition were not announced. Jaunt was founded in 2013. READ MORE>>.

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After Investing, GSK to Buy Out Celiac Drug Developer Sitari Pharma

Xconomy

GlaxoSmithKline is acquiring a startup it helped launch in 2013 as part of an alliance with life sciences venture capital firm Avalon Ventures. Avalon said Tuesday that GSK (NYSE: GSK ) has agreed to buy the company, Sitari Pharmaceuticals, which has been developing a treatment for celiac disease.

Avalon 56