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L Squared Sells Portfolio Company, Learners Edge

socalTECH

Learners Edge provides professional education products to teachers. L Squared said the sale is the fourth exit from its 2014 vintage year fund, and its third exit from the education market. since that time. READ MORE>>.

Company 113
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Ixia Gets Extension On Filings

socalTECH

Calabasas-based Ixia has received a slight reprieve from delisting and requirements to meet NASDAQ stock market requirements for filings. The company said late Wednesday that the NASDAQ Stock Market has granted an extension from September 12th to November 13th for the company to become current in its filings. READ MORE>>.

Calabasas 138
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Creativebug Acquired By Jo-Ann Stores

socalTECH

Creativebug , the online educational video site for the arts and crafts market which was last owned by Otter Media , the joint venture between AT&T and The Chernin Group, has been acquired by Jo-Ann Stores , the arts and crafts retailer. Creativebug had been acquired by Otter Media in 2014, for $10M. READ MORE>>.

Education 113
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OneRoof Energy Cuts Staff, Starts Winding Down Operations

socalTECH

San Diego-based residential solar power installer OneRoof Energy said late Friday that it has "significantlyr educed" its work force, and has begun winding down its operations, after it said it was unable to secure financing necessary to continue sales, marketing, and development. READ MORE>>.

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Snagging Pearson’s AR assets and $1 million in cash, GIGXR is ready for its close up

TechCrunch LA

Meet GIGXR , the new owner of all of the assets of Pearson Immersive Learning Group , a subsidiary of the education and media publishing giant, Pearson. The serial entrepreneur had been in discussions with Pearson for the better part of a year to acquire the company’s VR and AR assets.

Training 100
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UCSB Tops Harvard & Wharton In Startup Wars

InfoChachkie

According to a recent Forbes article , UC Santa Barbara''s Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern and even its acclaimed southern neighbor, the University of Southern California. All-Star Alumni. Am I biased?

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

The second phase was the emergence of influencer marketing, or connecting those influencers to brands to leverage their audiences … Now that influencer marketing has become an established part of the marketing playbook, we are in phase three: tools to help influencers further monetize their influence, like Cameo, and then manage their lives.”.

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