socalTECH

SEPTEMBER 12, 2019

Payment giant Visa announced this morning that it has completed its acquisition of Los Angeles-based Verifi , which develops software and technology to reduce chargebacks for vendors who take credit cards. Financial details of the deal, which was first announced in July , have not been announced.

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Acquisition Los Angeles Tool Software 100

socalTECH

OCTOBER 22, 2018

Netflix , the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion debt offering, a move which might benefit the Los Angeles content production industry. Netflix has major content production operations in Los Angeles, along with a significant number of employees.

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Netflix Content Acquisition Product 113

TechCrunch LA

SEPTEMBER 10, 2020

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4

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Los Angeles Chief Technology Officer Culver City Angel 308

socalTECH

JANUARY 30, 2018

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has scored an exit at portfolio company Edbacker. Edbacker, a developer of fundraising tools for school districts, has been acquired by Austin, Teas-based LivingTree , another developer of software for fundraising and parent engagement for schools.

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Acquisition Capital Los Angeles Tool 113

TechCrunch LA

MAY 12, 2020

Over the past three years the Los Angeles-based startup Maple Media has amassed a portfolio of roughly thirty companies and one hundred apps in its quest to become the IAC of app store businesses. The PlayerFM deal stands out as an example of what the company looks for in an acquisition target, said Ritter. ”

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Acquisition Media Los Angeles Google 136

socalTECH

JULY 31, 2019

OnRobot , a manufacturer of grippers, force and torque sensors, and other products that are installed on the end of industrial robots, says it has set up a new office in Los Angeles, after its acquisition of another company, Perception Robotics. OnRobot is headquartered in Odense, Denmark. OnRobot is headquartered in Odense, Denmark.

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Los Angeles Culver City Angel Acquisition 124

socalTECH

AUGUST 13, 2018

Los Angeles-based security software developer Prevoty is now officially part of Redwood Shores, California-based Imperva , Imperva said Monday afternoon. Prevoty was a developer of DevOps security software and was backed by Trident Capital. The acquisition had originally been announced in July. READ MORE>>.

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Trident Capital Acquisition Software Development Los Angeles 100

socalTECH

OCTOBER 17, 2018

Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. According to LLR Partners, its investment will be used by Edlio to support its market expansion, via organic growth and acquisitions.

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Education Acquisition Invest Software 124

socalTECH

APRIL 23, 2018

Netflix , the provider of online streaming services which has major operations in Los Angeles, is planning to raise $1.5 billion in debt to fund content acquisition, production and development, potential acquisitions and strategic transactions, and other efforts, the company said this morning. READ MORE>>.

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Netflix Content Acquisition Hollywood 100

socalTECH

FEBRUARY 14, 2019

The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack , the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the Tech Coast Angels, this is the company's sixth highest ever. in November of 2018. READ MORE>>.

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Tech Coast Angels Angel Invest Acquisition 113

socalTECH

APRIL 27, 2015

Los Angeles-based online advertising technology developer Rubicon Project said Monday that it has completed its acquisition of Chango , which develops intent marketing technology. Rubicon had announced the acquisition on April 1st. The deal was worth $122M. Chango was based in Toronto, Canada. READ MORE>>.

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Acquisition Advertising Los Angeles Marketing 100

socalTECH

JUNE 15, 2017

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. According to Scopely, the new funding will go towards strategic investments, commercial partners, and acquisitions. Scopely is led by Walter Driver. READ MORE>>.

Acquisition 113

Acquisition Mobile Venture Capital Los Angeles 113

TechCrunch LA

JANUARY 30, 2019

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots , a Los Angeles-based developer of electric vehicle charging and energy management technologies.

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Acquisition Resource Mobile Los Angeles 248

TechCrunch LA

JULY 23, 2019

On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. You can’t expand in the U.S. sitting in India, or on a plane.”.

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Los Angeles Angel Startup Google 209

socalTECH

APRIL 13, 2021

Los Angeles-based solar installer PermaCity--the company which installed the solar panels on the L.A. and Yorktown Partners LLC, and develops, constructs, and operates renewable power and storage projects for the commercial and industrial market. Financial details of the deal were not announced.

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Develop Development Los Angeles Invest 113

TechCrunch LA

FEBRUARY 11, 2021

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. billion valuation.

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Company Companies Acquisition Equity 363

socalTECH

MAY 4, 2020

Los Angeles-based private equity investor Platinum Fortune LP says it has acquired one o the UK's largest video game developers and publishers, Jagex , in a deal worth $530M. Jagex is best known for its franchise, RuneScape.

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Develop Development Equity Entertainment 124

TechCrunch LA

OCTOBER 20, 2019

As it looks to modernize its operations, the Los Angeles Fire Department is turning to a number of new technologies, including expanding its fleet of drones for a slew of new deployments. Back in 2018, the Department of Defense issued a ban on the acquisition and use of commercial drones, citing cybersecurity vulnerabilities.

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Los Angeles Angel Training Startup 157

socalTECH

OCTOBER 12, 2016

Los Angeles-based Edlio , a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. The funding came from L Squared Capital Partners. Edlio is led by CEO Ali Arsan.

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Acquisition Software Class News 100

socalTECH

OCTOBER 9, 2014

Los Angeles-based Mandalay Digital said today that it has acquired the mobile app discovery engine from Xyo. Xyo develops an app search engine and contextual advertising technology used by mobile operators, including Verizon, Voadafone Australia, Deutsche Telekom Europe, and T-Mobile USA. Financial terms of the buy were not disclosed.

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Develop Development Mobile Advertising 147

SoCal Tech Calendar

JUNE 1, 2016

Moorpark, California-based ERP Power , which develops LED lighting power supplies and drivers, has been acquired by private equity firm Angeles Equity Partners , Angeles said Wednesday afternoon. Financial details of the acquisition were not disclosed. Angeles Equity is based in Los Angeles. READ MORE>>.

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Equity Angel Acquisition Los Angeles 100

socalTECH

AUGUST 9, 2010

Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has acquired substantially all of the assets of Veoh.com. Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. READ MORE>>.

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Veoh Acquisition Los Angeles Tool 145

socalTECH

OCTOBER 1, 2012

A recent regulatory filing by Everyday Health , the digital media publisher, shows that its acquisition of Los Angeles-based EQAL included both cash and stock, with the stock portion worth $12.5M. The filing did not reveal the full price for EQAL, the media and content developer founded by Miles Beckett and Greg Goodfried.

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Acquisition Media Content Los Angeles 145

SoCal CTO

APRIL 2, 2012

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. And in most cases they are not ready to hire developers either. Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that?

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CTO Hire Outsource Development CTO Coach Develop 205

TechCrunch LA

MARCH 22, 2018

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

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Southern California Dollar Shave Club SoCal Develop 224

TechCrunch LA

MARCH 6, 2020

based company, San Vicente Acquisition Partners. The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based That ownership was later scrutinized by a U.S.

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Los Angeles Software Review Acquisition Report 321

socalTECH

AUGUST 9, 2011

Los Angeles-based private equity firm Platinum Equity has acquired Quark , the developer of page layout software, according to the firm this morning. Platinum did not disclose financial details of the buy, however, said that it is looking to expand Quark's product breadth and depth, plus create an acquisition strategy.

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Equity Acquisition Los Angeles Software 145

socalTECH

JUNE 26, 2012

the startup business effort run by Mike Jones, the former CEO of MySpace, has made its first acquisition, saying this morning that it has acquired Pinpuff , the developer of a platform which measures the influence of Pinterest users, and awards them with perks. Pinpuff was developed by a developer in India.

Acquisition 113

Acquisition Los Angeles Platform Sales 113

socalTECH

AUGUST 17, 2011

Los Angeles-based Magento , the developer of open source, e-commerce software, has officially become part of eBay , eBay announced Wednesday afternoon. eBay had originally announced its acquisition of Magento in June. Financial terms of the buy were not disclosed.

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Acquisition Commerce Los Angeles Platform 133

SoCal CTO

FEBRUARY 17, 2007

skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Finding Good Developers in Los Angeles? About 18 months ago, the entire group began to mention that they were having more difficulty finding good developers. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

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Los Angeles CTO Hire CTO Coach Develop 150

socalTECH

JULY 27, 2016

The The Stage Fund , a investment and acquisition firm focused on acquiring turnaround companies, has tapped a longtime Southern California entrepreneur, Dan Tamkin , as a new Managing Partner in Los Angeles. According to the fund, Tamkin will be setting up a West Coast office for the fund, which is based in Denver, Colorado.

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Los Angeles Chief Technology Officer Funding Angel 100

socalTECH

MAY 20, 2021

Los Angeles-based cloud-based operations and document management software developer Docupace, which serves the wealth management industry, says it has acquired jaccomo, which develops a compliance, data integration, financial reporting, and advisor compensation accounting system. Docupace is led by CEO David Knoch.

Acquisition 140

Acquisition Software Development Los Angeles Tool 140

socalTECH

FEBRUARY 8, 2021

Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.

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Artificial Inteligence Acquisition Los Angeles Mobile 203

socalTECH

JANUARY 5, 2022

Los Angeles-based banking app developer Dave will start trading on the Nasdaq Global Market as DAVE, starting Thursday, January 6th, after stockholders of VPC Impact Acquisition Holdings III approved the deal to merge with Dave in a SPAC deal. Dave says it currently has more than 11 million customers using its banking app.

Acquisition 113

Acquisition Equity Los Angeles Marketing 113

socalTECH

OCTOBER 5, 2021

Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a social network built focused on self-care for teens. Financial terms of the acquisition were not announced.

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Social Network Acquisition Los Angeles Networking 113

socalTECH

JANUARY 12, 2023

Los Angeles-base Cosm, which develops immersive media, said on Thursday that it has acquired C360, a developer of immersive video products based in Pittsburgh, PA. Financial details of the acquisition were not announced. Cosm said it was the lead investor in an early 2022 round of investment in C360.

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Acquisition Los Angeles Media Invest 100

socalTECH

DECEMBER 13, 2021

Los Angeles-based fintech startup Dave says it expects an acquisition by special purpose acquisition company (SPAC), VPC Impact Acquisition Holdings III to occur in January, after approval of a special proxy by VPCC. The app developer says it helps customers budget, avoid overdraft fees, find work and build credit.

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Marketing Acquisition Research Los Angeles 113