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EMN8 Raises $50M, Acquires Snapfinger

socalTECH

Los Angeles-based restaurant ordering systems developer EMN8 said this morning that it has acquired Snapfinger , a developer of remote ordering products for the casual dining industry. As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. EMN8 is led by Perse Faily.

Allegis 164
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AdventureLink Buys Competitor, Get Investment

socalTECH

Los Angeles-based AdventureLink , the new adventure travel booking site run by Kelly Tompkins, announced this morning that it has acquired a competitor, Adventure Central. Financial terms of the acquisition were not disclosed. According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital.

Allegis 124
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5 Questions To Consider When Contemplating Advisors

Startup Professionals Musings

This Advisory Board is a good test drive for the more formal Board of Directors required later, when going public (IPO) or the entrance of venture capital investors. As an angel investor, I judge readiness for investment by their presence or absence, by the CEO’s relationship with them, and by the quality of the advisors.

Allegis 139
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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Ocean Road Partners is the consulting firm headed by venture capitalist Jon Funk, who has been investing in Southern California for over 25 years, and has been a Managing Director with Allegis Capital since its founding in 1996.

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5 Key Drivers For Creating A Board For Your Startup

Startup Professionals Musings

This Advisory Board is a good test drive for the more formal Board of Directors required later, when going public (IPO) or the entrance of venture capital investors. As an angel investor, I judge readiness for investment by their presence or absence, by the CEO’s relationship with them, and by the quality of the advisors.

Startup 98
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When To Enlist A Board Of Directors Or Advisory Board

Startup Professionals Musings

This Advisory Board is a good test drive for the more formal Board of Directors required later, when going public (IPO) or the entrance of venture capital investors. As an angel investor, I judge readiness for investment by their presence or absence, by the CEO’s relationship with them, and by the quality of the advisors.

Allegis 69