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Payvia Becomes Outspoken, Focuses On Mobile Marketing

socalTECH

Los Angeles-based Payvia , which is backed by Silver Lake Sumeru, said today that it has rebranded the company and refocused the company on SMS and MMS marketing. The company also said it has launched a new product, aimed at video transcoding for clients on a wide range of mobile devices. READ MORE>>.

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payvia Buys Mogreet

socalTECH

Los Angeles-based mobile carrier billing service Payvia has acquired fellow Los Angeles firm Mogreet , the two companies said this morning. Financial details of the acquisition were not announced. Payvia is venture backed by Silver Lake Sumeru, Montgomery & Co., and Trinity Ventures. READ MORE>>.

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BlackLine Sees 50 Percent Rise In Revenues

socalTECH

Los Angeles-based financial automation software develper BlackLine continues to see its revenues grow, saying Thursday that its 2014, year-over-year revenues were up more than 50 percent. The company''s new clients include JetBlue, T-Mobile, British Gas, Elsevier, and many, many others. READ MORE>>.