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Centerfield Buys Business.com and Savings.com

socalTECH

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. The company was acquired by Platinum Equity in December 2019. Financial details of the acquisition were not announced.

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Venture firm M13 names former Techstars LA managing director, Anna Barber, as its newest partner

TechCrunch LA

The Los Angeles and New York-based venture firm M13 has managed to nab former Techstars LA managing director, Anna Barber, as its newest partner and the head of its internal venture studio, Launchpad. “ The EIRs will receive a small stipend and equity in the business, Barber said. Anna Barber, partner, M13.

Startup 178
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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. Stefan Krause filed for divorce from Christina Krause in July 2019.

CTO Hire 198
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LA Investors, Startups Launch PledgeLA, Effort Around Diversity, Inclusion

socalTECH

Los Angeles investors and startups, in conjunction with Mayor Eric Garcetti and the Annenberg Foundation, announced a new effort, PledgeLA , to help address the "work opportunity gap" in the industry by increasing equity, diversity, and inclusion in their firms and investments.

Startup 133
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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

Watt says Share Ventures will operate as a holding company with pooled equity shared across the employees at the company. based incubator company that’s a few miles up the road from Share Ventures Los Angeles home base. The company has ten people on staff to help build its first slate of companies.

Company 249
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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

Snap invests $150,000 in each Yellow startup for an equity stake, and while the program does not require batch participants to integrate with Snap’s services, the company has used the program to invest in strategic areas that it has also pushed on the product side. making their way to Los Angeles. ”

Invest 237
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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

CEO of Patreon Jack Conte attends VidCon 2019 at Anaheim Convention Center on July 12, 2019 in Anaheim, California (Photo by Jerod Harris/Getty Images). The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year.

Platform 170