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Disney Accelerator Shows Off First Class Of Startups

socalTECH

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. The Disney Accelerator said that Smart Toy was acquired by Los Angeles-based children''s product firm Cartwheel Kids, and that SnowShoe raised $2.2M in its seed funding round.

Class 185
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Snap accelerator names its latest cohort

TechCrunch LA

Mogul Millennial — this Dallas-based company is a digital media platform for black entrepreneurs and corporate leaders. Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.)

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GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain

TechCrunch LA

GrubMarket , which provides software and services that help link up and manage relationships between food suppliers and their customers — which can include wholesalers and other distributors, markets and supermarkets, delivery startups, restaurants, and consumers — has picked up $120 million in a Series E round of funding. .

Startup 249
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MINDBODY Buys Wellness Technology Startup Lymber

socalTECH

San Luis Obispo-based MINDBODY , the developer of cloud-based business management software for spas and the wellness services industry, has acquired Lymber Wellness , a startup that provides yield management and pricing software for class and appointment-based businesses. Financial terms of the acquisition were not announced.

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Telogis Acquired By Verizon

socalTECH

Aliso Viejo-based Telogis , which develops connected vehicle software, has been acquired by Verizon , Verizon announced on Tuesday afternoon, saying it would. Financial terms of the acquisition were not announced. become part of Verizon Telematics.

Class 124
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Accelerator To Exit In 14 Months, With Eli Portnoy of ThinkNear

socalTECH

For ThinkNear , it looks like the whole process paid off in less than two years, after the Los Angeles company went from the TechStars accelerator just last June, to a healthy acquisition by TeleNav earlier this month for $22.5M. Congrats on the acquisition! How did the acquisition come about? It was really great.

Startup 225
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TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. TakeLessons also acquired Chicago-based Betterfly, which offered online vocational classes, DIY projects, and self-improvement courses like public speaking and personal life coaching.