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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

Mumbai-based Haptik, which operates a conversational AI platform , has already won several high profile clients in India. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. 60% of all software is bought in the U.S.,

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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. Los Angeles-based AvantStay has been around since 2017 and had only raised $25 million in the last four years.

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Snap Unloads Placed To Foursquare

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Los Angeles-based Snap Inc. , Financial terms of the acquisition were not announced. had acquired Placed in 2017, paying $135.2M The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group. The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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Triton Digital Acquires Omny Studio

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Los Angeles-based Triton Digital , a provider of advertising services and technology for the online radio streaming, digital audio and podcasting markets, has acquired Omny Studio , a developer of a podcast and on-demand audio publishing platform. Financial terms of the acquisition were not annoucned.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 The company raised a $55 million round of financing in 2016, $60 million in 2017 and $100 million in 2018.

Mobile 148
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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. The company said it will introduce ads “over the coming weeks” in order to “cover our expenses” of running the platform.