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Smith Micro Buys Business From Circle Media Labs

socalTECH

Aliso Viejo-based Smith Micro Software says it has acquired the operator business of Circle Media Labs , a developer of parental control software. in cash, and included customer contracts and a perpetual software license. The company says it the operator business is expected to report 2019 revenues of $4M. READ MORE>>.

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Viant Files For IPO

socalTECH

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. in net income on $164M in revenues for the year ended December 31, 2019. The company reported $9.9M The company reported $9.9M

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Honey Expands Cash Back Through PayPal

socalTECH

The service--which helps users find coupons and rewards for e-commerce purchases--says that people using its browser extension for shopping can now earn cash back through its desktop browser extension, mobile app and new iOS Safari for mobile extension.

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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. According to data collected by Newzoo , mobile games revenue reached a record $63.2 That number could reach $81.3 Roughly half of the U.S.

Mobile 251
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Brain Corp. Claims Record Sales As Robotics Takes Off

socalTECH

San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The company said its software is now used on approximately 10,000 robots.

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AWS updates its edge computing solutions with new hardware and Local Zones

TechCrunch LA

This service launched in Los Angeles in 2019 and starting today, it’s also available in preview in Boston, Houston and Miami. Google, it’s worth noting, is doing something similar with its Mobile Edge Cloud. Google Cloud goes after the telco business with Anthos for Telecom and its Global Mobile Edge Cloud.

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Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

Scott Beechuk, a partner at Norwest Venture Partners , is one of the tech industry observers invited by Xconomy to look back at the technology developments of 2018, and also forecast some trends he expects to see in 2019. Palo Alto, CA-based Norwest weathers the uncertainties of technology and the economy with an investing strategy.