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Reflections on 2018: Rob Freelen, Silicon Valley Bank

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Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. In 2018, many of them sold their companies or raised massive equity rounds. What was the biggest news for your company in 2018?

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Snap accelerator names its latest cohort

TechCrunch LA

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. Mogul Millennial — this Dallas-based company is a digital media platform for black entrepreneurs and corporate leaders. The new batch of startups coming from across the U.S. Hardworkers — a Cambridge, Mass.-based

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Kyriba Finds $160M In Majority Private Equity Funding

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According to Kyriba, the investment will help it accelerate innovation and growth of its platform. Kyriba says it had more than $110M in revenues in 2018, and 229 new clients; the company also recently annoucned the acquisition of FireApps, a developer of enterprise currency management software. READ MORE>>.

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ServiceNow Buys SkyGiraffe

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Santa Clara- and San Diego-based ServiceNow said on Wednesday that it has acquired San Mateo-based SkyGiraffe , a developer of a mobile software development platform. ServiceNow said the buy will help its customers easily deliver "consumer-like" mobile experiences for applications build on its Now Platform. READ MORE>>.

San Diego 164
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Mission Debuts Managed Services, Cloud Consulting After Merger

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The company--led by longtime cloud and hosting services veteran Simon Anderson--offers up managed services and consulting for cloud platforms like Amazon Web Services (AWS) and Microsoft Azure. According to the newly formed company, it completed all three of those mergers earlier in 2018, and now has a customer base of 175 enterprises.

Services 133
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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. Securities and Exchange Commission. .

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HyreCar Raises $10.5M In Public Offering

socalTECH

The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform. HyreCar had a small IPO back in June of 2018. READ MORE>>.