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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.

Platform 139
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SendGrid Now Part Of Twilio After $3 Billion Acquisition

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Email delivery services provider SendGrid is now officially part of cloud communications platform operator Twilio , Twilio said on Friday. The company had its IPO in November of 2017. SendGrid--which has significant operations in Anaheim, where one of its co-founders also was based--was acquired in a deal worth $3 billion.

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Snap Unloads Placed To Foursquare

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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. As part of the acquisition, Foursquare said that Placed founder and CEO David Shim becomes President of Foursquare.

Snapchat 124
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. 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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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. Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. Vaish is already in talks with a handful of other startups and is open to more acquisitions, he said.

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

TechCrunch LA

Indeed, part of the reason for the financing is to accelerate the pace of its acquisitions and investments into new game development studios, according to chief executive, Walter Driver. The company raised a $55 million round of financing in 2016, $60 million in 2017 and $100 million in 2018.

Mobile 148