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Startup Boost Los Angeles Opens Apps For Fall Class

socalTECH

Startup Boost Los Angeles has opened up applications for its Fall 2019 class, according to the group. The programs--which does not charge fees or take equity from companies in its program--says it is seeking nine early stage startups to take part in its eight-week program, designed to help early stage startups.

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Ad.net Buys IntentX

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Los Angeles-based digital performance advertising firm Ad.net announced on Wednesday morning that it has acquired IntentX. IntentX was founded in 2019 by Mom Chan and Vamsu Putrevu. Ad.net is backed by private equity investor Clarion Capital, and is led by CEO Jon Waterman.

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J2 Global Buys Four Companies In Q3 2019

socalTECH

Los Angeles-based Internet information and services giant J2 Global --the relatively unknown owner of such sites as Mashable, IGN, PCMag, and Everyday Health--has acquired four more companies, the company announced this morning. Financial terms of those acquisition were not announced.

Company 113
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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed.

Company 363
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Centerfield Buys Business.com and Savings.com

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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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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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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

billion in VC investment from January to October, already matching 2019 levels. Funding rounds for London impact companies involving North American investors in 2020 include a $118 million growth equity round into Arrival by BlackRock, an $80 million Series B round for COMPASS Pathways and a $25 million Series C funding for Tractable.