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. According to Marlin Equity, it will pay $2.45 Tellabs was based in Chicago.

Equity 124

Equity Pricing Networking Acquisition 124

socalTECH

AUGUST 31, 2011

Valencia-based Capital Exchange , an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group , Revolution Capital said today. Financial terms of the acquisition were not disclosed. READ MORE>>.

Capital 159

Capital Equity Sites Acquisition 159

socalTECH

DECEMBER 13, 2011

Los Angeles-based Encompass Digital Media , a provider of digital media services to the broadcast and cable television market, said this moring that it is in a deal with private equity Court Square Capital Partners, where Court Square will acquire a majority interest in the company. and others. READ MORE>>.

Equity 170

Equity Media Acquisition Los Angeles 170

socalTECH

MAY 14, 2014

San Clemente-based DealerSocket , a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. automotive software private capital venture investment partners equity vista dealersocket' READ MORE>>.

Equity 100

Equity Invest San Diego Activity 100

socalTECH

DECEMBER 1, 2017

Westlake Village-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital.

Westlake Village 178

Westlake Village Technology Equity Acquisition 178

socalTECH

JUNE 17, 2010

Studio City-based private equity firm Criterion Capital Partners is the buyer of AOL's distressed Bebo social networking site, AOL confirmed today, after widespread reports that AOL would be selling the firm. Criterion Capital Partners is headed by Adam Levin. Criterion Capital Partners is headed by Adam Levin.

Capital 159

Capital Studio City Social Network Acquisition 159

socalTECH

JANUARY 20, 2021

Lake Forest-based Higher Ground Education, which operates a network of Montessori schools in the US and China, says it has acquired software developer Altitude Learning LMS. According to Higher Ground, it has acquired the Altitude Learning LMS technology, along with Altitude's product and engineering teams.

Education 113

Education Equity Software Development Acquisition 113

socalTECH

SEPTEMBER 24, 2012

Santa Monica-based private equity firm Clearlake Capital Group said today that it has acquired substantially all of the assets of Mformation Technologies , a developer of mobile device management software. Clearlake said the acquisition includes a "significant capital infusion" for the New Jersey company. READ MORE>>.

Mobile 140

Mobile Capital Santa Monica Acquisition 140

socalTECH

NOVEMBER 1, 2010

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. In further details on the FAN deal, Addante also said that it has not acquired the advertising sales team at FAN, saying that it "is not, and will not be, an ad network."

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

APRIL 20, 2017

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005. READ MORE>>.

Thousand Oaks 127

Thousand Oaks Acquisition Startup Networking 127

socalTECH

DECEMBER 18, 2018

In a big exit for Southern California, Carlsbad-based Luxtera , a developer of optical semiconductors used in the high speed networking market, has been acquired by Cisco , in a deal worth $660M in cash and assumed equity options. According to Cisco, it will incorporate Luxtera's technology into its "intent-based" networking portfolio.

Southern California 133

Southern California Networking Equity Capital 133

socalTECH

JANUARY 30, 2014

Los Angeles-based YouTube content network Fullscreen , which is led by George Strompolos, disclosed Thursday that it has issued $7.8M in equity--related to a merger and acquisition, most likely the acquisition of Supernova (better known as Viddy ) earlier this month. The disclosure came via a regulatory filing.

Acquisition 159

Acquisition Equity Venture Capital Content 159

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. According to Vector Capital, Teletrac is currently providing network tracking of 200,000 vehicles across 87 countries.

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

JULY 28, 2016

Irvine-based Infinite RF Holdings , a developer of radio frequency (RF) technology and components, has acquired cable assembly, connector, and wireless networking equipment maker L-Com Global Connectivity , according to Genstar Capital , the private equity company which acquired Infinite RF Holdings in May.

Equity 100

Equity Acquisition Networking Capital 100

socalTECH

JANUARY 23, 2017

West Hills-based optical components maker Source Photonics , which was owned by Francisco Partners , has been sold, to a private equity group led by Redview Capital and Asia-IO, and also including TR Capital, Axiom Asia and Aberdeen Asset Management. Financial terms of the acquisition were not announced. READ MORE>>.

Equity 100

Equity Acquisition Capital Networking 100

socalTECH

NOVEMBER 27, 2012

Los Angeles-based private equity firm The Gores Group said yesterday that it has acquired DMN Ltd. , a mobile communications network engineering support and staffing provider, based in Swindon, UK. The acquisition came via Gores' Small Capitalization Partners fund. Financial terms of the buy were not announced.

Equity 153

Equity Mobile Acquisition Los Angeles 153

socalTECH

SEPTEMBER 11, 2012

Santa Monica-based investor Clearlake Capital Group, L.P. announced this morning that it has acquired NetMotion Wireless , a developer of mobile virtual private network (VPN) and network performance management software. Financial terms of the deal were not disclosed. NetMotion Wireless was based in Seattle.

Capital 153

Capital Santa Monica Mobile Networking 153

Both Sides of the Table

JUNE 12, 2010

We had a special edition of This Week in Venture Capital this week shooting out of the Next New Networks offices in New York. Our guest was Mo Koyfman of Spark Capital. The Spark Capital website (it’s one of my favorites). Current round: $10mm in Series B by Norwest (lead), Storm Ventures and Adams Capital.

Venture Capital 217

Venture Capital Capital Metrics Competition 217

socalTECH

APRIL 20, 2015

X5 Solutions is based in Seattle, and is owned by private equity investor NewSpring Capital. X5 said the acquisition also helps it expand into the Los Angeles market, in addition to adding additional capacity and network infrastructure. READ MORE>>.

Santa Monica 100

Santa Monica Acquisition Equity Los Angeles 100

socalTECH

SEPTEMBER 20, 2010

El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. Internet Brands owns a wide network of online web sites in a number of verticals. The price is a premium of approximately 46.5

Internet Brands 190

Internet Brands El Segundo Equity Pricing 190

Startup Professionals Musings

APRIL 17, 2023

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started.

Funding 125

Funding Startup Ideas Equity 125

socalTECH

JUNE 2, 2015

The funding was led by Canso Investment Council, and included both equity and debt. The company--until recently known as Tech Media Network--said the funding goes towards strategic acquisitions.

Culver City 100

Culver City Guide Equity Media 100

socalTECH

JUNE 7, 2018

The IPO--which is relatively small as IPOs go--would put HyreCar on the Nasdaq Capital Market trading as HYRE. The company has one, single underwriter for the IPO, Network 1 Financial Securities. The IPO could raise as much as $12.6M for the company. The company reported GAAP revenues of $3.2M for the year ended December 31, 2017.

Venture Capital 100

Venture Capital Equity Los Angeles Report 100

socalTECH

MARCH 30, 2012

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV said the sale will help it to focus on its core business of network infrastructure equipment and network management products.

Chatsworth 133

Chatsworth Equity Sales Networking 133

socalTECH

JULY 15, 2015

Spireon is owned by private equity investor Bertram Capital. Inilex develops Skylink, which uses Internet-connected and cellular network connected devices for vehicle tracking, and is used as an alternative to current, radio-based systems for theft tracking. Financial terms of the buy were not disclosed.

Equity 100

Equity Networking Software Capital 100

Startup Professionals Musings

JULY 22, 2020

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started.

Startup 148

Startup Ideas Equity Invest 148

socalTECH

OCTOBER 24, 2011

One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego. READ MORE>>.

Rustic Canyon 140

Rustic Canyon Report San Diego Venture Capital 140

TechCrunch LA

MARCH 22, 2018

Founded by Steve Poizner last year to accelerate the growth of a startup entrepreneurial ecosystem in Southern California, The Alliance is building a network of investors, entrepreneurs and universities to provide ballast in the south to the dominance of the Northern California tech industry.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

SEPTEMBER 21, 2011

Los Angeles-based private equity firm The Gores Group announced this morning that it has agreed to acquire Alpheus Communications , a fiber network and data center operator in Texas. Both parties were advised by Waller Capital Partners. Financial terms of the deal were not disclosed. and El Paso Corporation. READ MORE>>.

Equity 133

Equity Los Angeles Networking Capital 133

socalTECH

DECEMBER 26, 2018

What was most striking was the diversity and breadth of the node-network that defines the region--so complex and at times, overwhelming. In my home we have a network of Alexas that provide news, information and music but have also become our de facto home intercom system.

Southern California 113

Southern California SoCal Pasadena Startup 113

socalTECH

APRIL 13, 2009

Los Angeles-based Rubicon Project , which operates an online advertising optimization service, is announcing this morning that the firm has raised $13M more in a combination of equity and debt. Rubicon Project operates a service which helps online publishers optimize which advertising networks to use on their web sites, to improve their CPMs.

Clearstone 100

Clearstone Equity Advertising Research 100

socalTECH

APRIL 25, 2011

Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. Greystripe was venture backed by Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital, and was based in San Francisco.

Westlake Village 170

Westlake Village Steamboat Ventures Advertising Incubator 170

socalTECH

JUNE 3, 2013

OneRoof--which is backed by Black Coral Capital and others--has been supplying solar leases, financing and installing solar panels to residences to the market. Installing solar is a costly proposition to homeowners--what makes that investment appealing to capital providers? There''s always more demand than capital.

Equity 234

Equity Invest Marketing Product 234

socalTECH

DECEMBER 7, 2011

Chatsworth-based MRV Communications , which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA.

Chatsworth 140

Chatsworth Equity Report Sales 140

From the Venture Trenches

MARCH 27, 2013

The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. Is outside capital really required? Groupon raised seven series of private equity before going public.

Venture Capital 45

Venture Capital Capital Anthem Startup 45

socalTECH

FEBRUARY 10, 2011

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media , the online publishing network run by Richard Rosenblatt, had a huge reception in the public markets Wednesday, closing up 32 percent in its initial public offering. Demand Media was venture backed by Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co.,

Demand 164

Demand Media Southern California Santa Monica 164