socalTECH

AUGUST 11, 2017

Los Angeles-based Snap Inc. Earlier reports had placed the acquisition of Zenly at between $250M to $350M. paid $213.3M in cash for Zenly , the developer of a location-based social media app, in May, the company disclosed in its quarterly results on Thursday. Snap said it paid $196.1M in purchase consideration, including $186.8M

Pricing 113

Pricing Social Media Acquisition Los Angeles 113

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.

Acquisition 145

Acquisition Media Content Los Angeles 145

socalTECH

NOVEMBER 10, 2021

Los Angeles-based Happiest Baby, which makes "smart" baby bassinets, is looking for a buyer, and is seeking around $1 billion for the company, according to Bloomberg. Bloomberg cited an unidentified source for the information, also saying that another source says Happiest Baby is also consider an IPO.

Pricing 113

Pricing Los Angeles Angel Company 113

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

JUNE 19, 2015

San Luis Obispo-based MINDBODY priced its IPO last night at $14.00 Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. per share, at the midpoint of its initial estimated trading range of $13.00 READ MORE>>.

Pricing 100

Pricing Tech Coast Angels Pasadena Angels Pasadena 100

socalTECH

NOVEMBER 17, 2015

Woodland Hills-based United Online said this morning that it has received an unsolicited, takeover offer from Los Angeles-based B. Riley said the offer is a 21 percent premium over the current price of United Online. In a letter to United Online's management, which was filed with the SEC, B. Riley said it now owns 7.9% READ MORE>>.

Woodland Hills 100

Woodland Hills Acquisition Pricing Los Angeles 100

Berkonomics

AUGUST 17, 2023

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 296

Invest Capital Startup Entrepreneur 296

socalTECH

JULY 9, 2021

Los Angeles-based online postage provider Stamps.com is going private, in a private equity acquisition by Thoma Bravo, the two said on Friday. The offer is a 67 percent premium over Stamps.com's price on close Thursday. Stamps.com allows small businesses and other print out postage directly on a printer.

Equity 113

Equity Acquisition Los Angeles Pricing 113

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. He is very hands-on and helpful – especially for any company looking into customer acquisition. o CPM model gave him control over the information in the acquisition cycle so he focused on that. - He told them it was now or never.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

MAY 3, 2011

Los Angeles-based Boingo Wireless , the operator of a international network of Wi-Fi hotspots, has priced its IPO. The shares priced on the higher side of its earlier, $12.00 per share initial pricing estimates. The shares priced on the higher side of its earlier, $12.00 per share initial pricing estimates.

Pricing 168

Pricing Los Angeles Networking Capital 168

socalTECH

DECEMBER 17, 2020

Los Angeles-based Canoo has unveiled plans for a new vehicle, aimed at the electric delivery, food truck, and other industries. The company--which recently went public via a Special Purpose Acquisition Company (SPAC)--said its new Multi Purpose Delivery Vehicle is based on the same platform as its subscription-only van. READ MORE>>.

Acquisition 113

Acquisition Los Angeles Pricing Platform 113

socalTECH

OCTOBER 8, 2015

A number of Southern California angel investors are undoubtedly breaking out the champagne this morning, after the successful IPO of CytomX Therapeutics , a developer of cancer therapeutics which was spun out of UC Santa Barbara. Cytomx priced its IPO at $12.00 Cytomx priced its IPO at $12.00 in morning trading.

Southern California 100

Southern California Santa Barbara Angel SoCal 100

socalTECH

MAY 17, 2021

Los Angeles-based Canoo, which is in the midst of developing its own, futuristic-looking electric vehicle, has started taking reservations for its yet-to-be-developed van, its "Lifestyle Vehicle". The company is one of those that have rushed to the public markets via special purpose acquisition companies (SPACs).

Los Angeles 113

Los Angeles Pricing Acquisition Marketing 113

socalTECH

MAY 27, 2020

Los Angeles-based ServiceTitan , which develops a cloud-based software platform used by residential and commercial service contractors to manage their businesses, has acquired Pointman , a New York-based company that develops software for contractors. Financial terms of the acquisition were not announced. READ MORE>>.

Coach 113

Coach Acquisition Los Angeles Software 113

socalTECH

JANUARY 25, 2021

GigCapital2, the Special Purpose Acquisition Company (SPAC) which is merging with Los Angeles-based Cloudbreak Health, said it has raised $285M in capital, which is part of its business combination with UpHealth Holdings and Cloudbreak Health. at a conversion price of $11.50.

Acquisition 113

Acquisition Los Angeles Pricing Capital 113

socalTECH

NOVEMBER 18, 2015

Match Group , the parent company of Los Angeles-based dating app Tinder, has priced its IPO at $12.00 per share, selling 33,333,333 shares in its IPO, and will debut tomorrow on the NASDAQ Global Select Market as MTCH, despite a snafu when a UK tabloid published an interview with Tinder CEO Sean Rad. and $14.00 per share.

Pricing 100

Pricing Los Angeles Content Marketing 100

Both Sides of the Table

SEPTEMBER 15, 2022

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. But rest assured valuations get reset. Except the music stopped.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

DECEMBER 3, 2019

Los Angeles-based ServiceTitan , which offers up a suite of software for home service and commercial contractors, has acquired WaterSoftWare , a developer of business management software for the water treatment industry. Financial terms of the acquisition were not announced. READ MORE>>.

Acquisition 100

Acquisition Los Angeles Pricing Software 100

socalTECH

FEBRUARY 5, 2020

Los Angeles-based HAAWK , the provider of rights management and monetization services for YouTube, Facebook, and Instagram which is led by Ryan Born, said on Wednesday that it had acquired Keyframe Audio , a music startup which offered up micro-stock music licensing. The price of the service is $199 per year.

Acquisition 113

Acquisition Los Angeles Pricing Services 113

socalTECH

JUNE 21, 2012

The acquisition of Los Angeles-based Savings.com is apparently worth over $100M, plus an unspecified additional amount based on future performance of the firm, according to new numbers provided to the press by acquiring firm Cox Target Media. Savings.com is a provider of online coupons and deal information. READ MORE>>.

Rustic Canyon 168

Rustic Canyon Journal Press Acquisition 168

socalTECH

JUNE 20, 2014

Los Angeles-based Kite Pharma , a biopharmaceuticals firm developing treatments for cancer, surged in its IPO this morning on the NASDAQ Global Market, trading as high as $29.22 The company had priced last night at $17.00 per share, above an earlier estimated initial public offering price of between $12.00 in morning trading.

Pricing 138

Pricing Acquisition Los Angeles Capital 138

socalTECH

JANUARY 12, 2017

Los Angeles-based apartment rental marketplace RadPad , which was founded by Jonathan Eppers, has been acquired by LandlordStation. RadPad had offered up a place to search for apartment rentals, which were shown on a map and also let users search by feature, price, and other details.

Acquisition 100

Acquisition Los Angeles Pricing Invest 100

socalTECH

JANUARY 12, 2017

Los Angeles-based apartment rental marketplace RadPad , which was founded by Jonathan Eppers, has been acquired by LandlordStation , according to a report. RadPad had offered up a place to search for apartment rentals, which were shown on a map and also let users search by feature, price, and other details.

Report 100

Report Acquisition Los Angeles Pricing 100

socalTECH

MAY 28, 2021

Los Angeles-based FIGS, which makes medical scrubs and other apparel, has surged in its IPO debut, pricing on Wednesday night at $22 a share, and ending Thursday up 36% in its debut to 30.02. The IPO priced above an earlier estimated IPO price of $16.00 The IPO raised $1.02 per share.

Seed Funding 113

Seed Funding Startup Pricing Los Angeles 113

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. Marlin Equity said the price is a premium of 4.3 percent over Tellabs share price on Fiday, and 28.9%

Equity 124

Equity Pricing Networking Acquisition 124

socalTECH

JULY 23, 2021

Los Angeles-based soda company Zevia has its IPO on Thursday, launching itself onto the public markets on the New York Stock Exchange at ZVIA. The company priced at $14.00 The price was at the midpoint of its originally estimated $13.00 per share on Wednesday night, offering up 10,700,000 shares to buyers.

Marketing 113

Marketing Pricing Los Angeles Software 113

socalTECH

JANUARY 6, 2014

Los Angeles-based Oversee.net has acquired Pasadena-based Crashworks , the developer of the photo-based city guides. The LABJ reports the acquisition price was "below $1 million". oversee crashworks crash city guides photo merger acquisition idealab' Financial terms of the buy were not disclosed. READ MORE>>.

Oversee.net 124

Oversee.net Guide Idealab Pasadena 124

socalTECH

APRIL 7, 2014

Based on Rubicon''s current price (around $19.24 Rubicon''s IPO also meant an exit for angel investor Matt Coffin, whose stake in the company is now worth around $648,00 READ MORE>>. rubicon project merger acquisition clearstone news mayfield winners frank addante'

Clearstone 190

Clearstone News Santa Monica Venture Capital 190

socalTECH

MAY 2, 2019

Los Angeles-based Beyond Meat , the developer of plant-based, meat alternatives, has soared in its IPO debut, trading as high as $58.90, or 135.6 percent over its IPO price of $25.00 Beyond Meat priced well above its initial $19.00 IPO pricing range. Beyond Meat priced well above its initial $19.00

Pricing 113

Pricing Los Angeles Angel Develop 113

socalTECH

OCTOBER 2, 2014

Los Angeles-based 3D theater technology provider RealD has received an offer from one of its shareholders, activist investor Starboard Value LP , to take the company private for $12.00 The offer is roughly 29 percent more than RealD''s trading price as of Wednesday. READ MORE>>.

Technical Review 138

Technical Review Yahoo Hollywood Press 138

TechCrunch LA

JUNE 10, 2021

in markets such as New York and Los Angeles. They can also do things like initiate refunds, track deliveries and get price-drop notifications. Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski. Klarna raises $650 million at a $10.6

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

OCTOBER 1, 2012

Viewdle , a developer of computer vision technology which is venture backed by Anthem Ventures and Qualcomm, among others, is in the midst of an acquisition by Google , according to reports today. TechCrunch said the acquisition is worth around $30M. The rumored price for the firm is around $30M. READ MORE>>.

Google 157

Google Anthem Report Santa Monica 157

socalTECH

MARCH 28, 2014

2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. 2U was previously known as 2tor, and first raised funding back in 2009 , when Redpoint was a very active Los Angeles area investment firm. Redpoint Ventures owned 23.2

Redpoint 166

Redpoint USC Southern California Education 166

socalTECH

MARCH 2, 2021

Los Angeles-based Boingo Wireless is being acquired by Digital Colony Management, the Wi-Fi and distributed antenna systems provider said on Monday, in a deal worth $854M. Boingo said the price represents a 23 percent premium to its closing price on February 26th. The company currently trades on the NASDAQ as WIFI.

Pricing 113

Pricing Los Angeles Networking Angel 113

socalTECH

APRIL 1, 2015

GoDaddy surged in its IPO Wednesday on the NYSE as GDDY, opening and closing at $26.15, above the $20 per share pricing for the company''s stock set on Tuesday night. The domain name registration, hosting, and Internet services provider--which has major operations in Los Angeles at MediaTemple--traded as high as $26.84 READ MORE>>.

Acquisition 100

Acquisition Los Angeles Pricing Services 100

TechCrunch LA

MAY 3, 2022

All of the stylists are independent contractors and set their own pricing. The price a consumer pays depends on the stylist chosen. Winters explained that the driver for the new funding was technology and product development on the marketplace, marketing and stylist acquisition. To date, Upgrade has raised $3 million.

Tool 179

Tool Customer Custom Marketing 179

socalTECH

JULY 23, 2021

Los Angeles-based biopharmaceuticals startup Immix Biopharma said it has filed for an IPO, and has submitted a confidential draft registration statement/S-1 with the Securities and Exchange Commission. Details on that IPO have yet to be announced. Immix Biopharma is developing treatments for cancer.

Los Angeles 113

Los Angeles Pricing Startup Angel 113