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Mobile LAVA: Silicon Beach Ecosystem

SoCal Tech Calendar

Saturday, March 10, 2018 -- Mobile LAVA: Silicon Beach Ecosystem. Come learn from VCs and Angel Investors about funding for your Mobile company, moderated by Peter Cowen. See [link] (more)

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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

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. What was the biggest news for your company in 2018? You'll be able to browse all of those contributions here.

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Quibi Finds $400M, Details Short Form Mobile Video Plans

socalTECH

Los Angeles-based Quibi , the previously stealth-mode mobile video startup founded by Jeffrey Katzenberg and Meg Whitman, said at CES that it has raised $400M in a funding round. Quibi renamed itself in October of 2018, but has been mum about its plans in the content world.

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Jam City Adds Quidditch To Harry Potter Mobile Game

socalTECH

Los Angeles-based mobile games developer Jam City , the developer of the popular Harry Potter: Hogwarts Mystery mobile game, says it is adding a new feature to the game focused on the fictional sport of "Quidditch". Quidditch is from the popular series of Harry Potter books and movies, and involves flying around on broomsticks.

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Platinum Equity Sells Verra Mobility To Gores For $2.4 Billion

socalTECH

Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 The deal values Verra Mobility at 11.0x the company's 2018 pro forma Adjusted EBITDA of approximately $219 million. READ MORE>>.

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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. SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. The new batch of startups coming from across the U.S.

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LA's Q3 2018 Seed Deals Steady, Says Report

socalTECH

Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology. The group says its tracking found that the average seed round size was $2.2M for the quarter.

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