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. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions.

Acquisition 100

Acquisition Software Class News 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

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. The sale had earlier been reported in April, but had not been confirmed by the firms involved. Financial terms of the deal were not disclosed.

Veoh 145

Veoh Acquisition Los Angeles Tool 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. Science, Inc. , Financial terms of the buy were not disclosed. READ MORE>>.

Acquisition 113

Acquisition Los Angeles Platform Sales 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

TechCrunch LA

SEPTEMBER 13, 2021

Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St. Louis, Missouri.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

JANUARY 5, 2022

Los Angeles-based software developer ServiceTitan, which develops software used by contractors and the trades to manage their businesses, says it has acquired FieldRoutes, a developer of cloud-based software for the pest control and lawn care industry. Financial details of the acquisition were not announced.

Software Development 113

Software Development Acquisition Los Angeles Tool 113

socalTECH

JULY 22, 2021

Los Angeles-based voice, unified communications, and SIP trunking provider Broadvoice said on Tuesday that it has acquired GoContact, a Portugese provider of contact center services. Financial terms of the acquisition were not announced.

Acquisition 113

Acquisition Los Angeles Sales Services 113

socalTECH

JUNE 11, 2015

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports.

Sales 100

Sales Report Los Angeles Pricing 100

socalTECH

JUNE 15, 2021

Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

Draper 113

Draper Equity Acquisition Los Angeles 113

socalTECH

MAY 11, 2015

Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. READ MORE>>.

Sales 100

Sales Web Development Report Los Angeles 100

socalTECH

NOVEMBER 23, 2021

Los Angeles-based social video sharing app Triller announced this morning that it has acquired Thuzio, which runs business-to-business premium influencer events and experiences. According to Triller, it will use the acquisition to grow its live event programming. Financial terms of the buy were not announced.

Entertainment 113

Entertainment Acquisition Los Angeles Sales 113

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 integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. The sale had earlier been reported in April. READ MORE>>.

Veoh 100

Veoh Acquisition Los Angeles Tool 100

socalTECH

FEBRUARY 24, 2017

Two publications this morning--the WSJ and the Los Angeles Times , have dissected the fall of Los Angeles-based NastyGal --once, one of the symbols of the rise of Silicon Beach--and how it went from nearly $100M a year in revenue to bankruptcy. Nasty Gal's bankruptcy sale closes next week. READ MORE>>.

Sales 113

Sales Los Angeles Customer Custom 113

socalTECH

OCTOBER 6, 2020

Los Angeles-based J2 GLobal , which owns a diverse range of Internet information and services companies, announced this morning that it has acquired three more companies, and--unusually--also has divested one. Financial details of the acquisitions and sale were not announced by the company. READ MORE>>.

Company 100

Company Companies Acquisition Equity 100

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

AUGUST 16, 2010

The Tech Coast Angels , Southern California's largest angel investment group, is hailing its latest exits today, saying that the recent IPOs for Green Dot and Trius Therapeutics , as well as the sale of Language Weaver to SDL, have left members "smiling". READ MORE>>.

Tech Coast Angels 157

Tech Coast Angels Invest Angel Southern California 157

socalTECH

SEPTEMBER 15, 2021

Los Angeles-based Appetize, the developer of point-of-sale ordering apps serving the restaurant, sports, entertainment, and hospitality business, has been acquired by San Francisco-based SpotOn, the companies said on Tuesday. Financial details of the acquisition were not announced.

Entertainment 113

Entertainment Acquisition Los Angeles Invest 113

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. administration to force a sale by its Chinese parent company, ByteDance. READ MORE>>.

Report 113

Report Acquisition Los Angeles Sales 113

socalTECH

OCTOBER 14, 2019

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., the company said last week. READ MORE>>.

Entertainment 113

Entertainment Invest Los Angeles Content 113

socalTECH

OCTOBER 14, 2011

The owners of Los Angeles-based video site Hulu have dropped plans to sell the business, according to a statement released by Hulu late Thursday evening. According to News Corporation, Providence Equity Partners, The Walt Disney Company, and Hulu's management team, the firm has decided to terminate the Hulu sale process.

Hulu 124

Hulu Sales News Equity 124

socalTECH

JUNE 23, 2011

Further details on the potential sale of Los Angeles-based video streaming site Hulu continue to emerge, with the firm reportedly retaining investment bankers Morgan Stanley and Guggenheim Partners to represent it in a sale. READ MORE>>.

Hulu 140

Hulu Sales Report Los Angeles 140

socalTECH

APRIL 25, 2019

It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. According to CNBC, Comcast is looking to sell its current 30 percent stake in Hulu to Disney.

Hulu 113

Hulu Report Sales Los Angeles 113

socalTECH

JULY 19, 2019

Los Angeles-based ZEFR has sold its rights management and content-flagging assets--RightsID and ChannelID--to Vobile Group , a provider of video content protection, measurement, and monetization, in a deal worth $90M, the two companies annoucned late Thursday. ZEFR is backed by IVP, U.S. READ MORE>>.

Fandango 127

Fandango Content Los Angeles Startup 127

socalTECH

OCTOBER 21, 2019

Instant messaging service Kik has been sold to Los Angeles-based MediaLab , the owner of anonymous messaging app Whisper , the companies said over the weekend. Financial terms of the acquisition were not announced. The two said that Kik Interactive, the owner of Kik, sold both Kik and other "selected assets" to MediaLab.

Acquisition 100

Acquisition Los Angeles Sales Capital 100

socalTECH

JANUARY 5, 2011

Los Angeles private equity firm The Gores Group said Wednesday that it has closed its sale of Vincotech Holdings Sarl , a developer and manufacturer of power modules and inverters for the industrial and solar power market. Financial details of the sale were not disclosed. Gores sold Vincotech to Mitsubishi Electric Corporation.

Sales 133

Sales Equity Los Angeles Marketing 133

socalTECH

DECEMBER 4, 2014

Los Angeles-based Vantage Media said Thursday that it is selling its Education Services Business--which sells leads to education advertisers--to Campus Explorer , as it looks to sharpen its focus on the technology behind its real time bidding (RTB) advertising platform. Financial terms of the sale were not announced. READ MORE>>.

Media 173

Media Education Advertising Sales 173

socalTECH

MAY 1, 2015

The Tech Coast Angels , one of the most active angel investment groups nationwide in addition to here in Southern California, said Friday that it invested in eight new and follow on deals in the first quarter of 2015, in addition to seeing two exits out of its portfolio. Both Thermark and Olive Medical were acquired in February.

Tech Coast Angels 100

Tech Coast Angels Invest Angel Southern California 100

socalTECH

JUNE 25, 2014

The move puts the company''s focused squarely on its Los Angeles operations. The sale netted the company $20M, which it will use to fund its U.S. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels. moviepilot angeles merger acquisition webedia' READ MORE>>.

Social Media 164

Social Media Marketing .Net Entertainment 164

socalTECH

JUNE 21, 2018

Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc.,

Equity 124

Equity Mobile Acquisition Los Angeles 124

socalTECH

JUNE 6, 2013

Los Angeles-based software-as-service provider RxVantage , which develops software to help manage the relationship between medical offices and pharmaceutical and medical sales representatives, has acquired RxAccess , one of its competitors. Financial terms of the buy were not announced.

Sales 147

Sales Acquisition Los Angeles Software 147

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Financial details of the acquisition have not been announced. News of the sale first came via AllthingsD. News of the sale first came via AllthingsD. bliptv blip acquisition merger content network youtube studios maker'

News 168

News Acquisition Content Los Angeles 168

socalTECH

OCTOBER 12, 2017

Los Angeles-based Internet services and digital media giant j2 Global has acquired two more companies, but in an interesting shift, also said it has divested three companies from its portfolio. Financial details of the acquisitions and sales were not announced.

Company 113

Company Companies Sales Email 113

socalTECH

FEBRUARY 4, 2013

That appears to be the story (again) today, after news that Ziff Davis , the publisher owned by Los Angeles-based J2 Global , has acquired IGN. s former digital ventures, with digital games distributor Direct2Drive (once part of IGN) now owned by Los Angeles-based videogame rental firm GameFly. Well, could be. How about IGN ?

News 159

News Southern California Sales Los Angeles 159

socalTECH

FEBRUARY 23, 2017

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015. Axway is based Paris, France.

Capital 113

Capital Equity Acquisition Los Angeles 113

socalTECH

MARCH 3, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. Financial terms of the sale were not disclosed. READ MORE>>.

Equity 138

Equity Capital Sales Acquisition 138