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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 It seems Los Angeles is becoming an enterprise software hotspot. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.
Founded by some of the men responsible for the biggest hits in online marketing (like the Dollar Shave Club commercial that launched what became a billion dollar acquisition ) think that its time to take technology where it’s never gone before — into targeted, direct mail campaigns using the best ad-targeting that money can buy.
As part of the acquisition, David (Zhenwei) Miao, PhD, Co-Founder, President and CSO of Concortis, will become ChiefTechnologyOfficer at Sorrento. sorrento therapeutics merger acquisition concortis biotech lifescience antibody' READ MORE>>.
Financial details of the acquisition were not disclosed. According to PacketExchange, the acquisition will merge both companies' customer base and operations. Grant Kirkwood , CTO of Mzima Networks, will become ChiefTechnologyOfficer for the merged company. READ MORE>>.
According to Playdom, Acclaim will continue to be run by Howard Marks, most recently CEO of Acclaim, with Acclaim ChiefTechnologyOfficer Neil Malhotra acting as Senior Technical Officer. Playdom said the acquisition would also give it access to the game development talent in Southern California. READ MORE>>.
Los Angeles-based financial software developer BlackLine Systems said today that it has hired a new, ChiefTechnologyOfficer. According to the enterprise software company, it has named Alain Avakian as its CTO.
Heidi Golledge, President and CEO, and Matt Miller, ChiefTechnologyOfficer, will continue to oversee day-to-day operations of CyberCoders after the acquisition. CyberCoders had been very active in Southern California''s technology startup market. OnAssignment paid $17.1 OnAssignment paid $17.1 READ MORE>>.
Southern California startup founder Isaac Saldana --who co-founded SendGrid --is hoping to help other entrepreneurs create companies , after the $3 billion, all-stock acquisition of SendGrid by Twilio in October.
Rubicon Project's Addante was formerly ChiefTechnologyOfficer and a founder of L90, and was co-founder of StrongMail systems. Raifman was most recently at LiveRail, and also founded Mediaplex; Tappin was most recently CEO at SocialVibe, and was founding CFO at Overture.
Los Angeles-based online real estate investing marketplace RealtyMogul.com says it has named two executive, naming Sameer Shamsuddin as ChiefTechnologyOfficer and Niall Weintraub as Vice President of Marketing.
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.
Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. This too shall pass.”
AutoAlert said MotoFuze CEO Mike Dullea and co-founder Tom Walls have joined the company, with Dullea serving as Chief Sales and Marketing Officer, and Walls as ChiefTechnologyOfficer. Financial terms of the buy were not disclosed. AutoAlert is led by Brian Skutta, and owned by private equity investor HGGC.
Eslambolchi, a former AT&T chieftechnologyofficer, was serving as CyberFlow’s executive chairman.). Caldwell said Webroot has “a good healthy revenue stream, and they’re profitable.” Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on.
He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. sold to Zynga Game Networks, Inc.).
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