socalTECH

FEBRUARY 5, 2021

Los angeles-based sell-side advertising platform operator Magnite announced this morning that it has agreed to acquire SpotX, a video advertising platform provider, in a deal worth $1.17 Magnite says the combined companies would have a full year, 2020 non-GAAP net revenue of $350 million. billion in cash and stock.

Electronic Arts 100

Electronic Arts Hulu Advertising .Net 100

TechCrunch LA

JANUARY 16, 2019

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. Jam City is coming off of a strong year of company growth. And the company isn’t the only mobile games studio making moves.

Mobile 251

Mobile Capital Los Angeles Acquisition 251

TechCrunch LA

OCTOBER 29, 2019

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 ” The unicorn gaming company has amassed increasingly larger rounds over the past three years on a nearly annual basis. .”

Mobile 148

Mobile Invest Platform Los Angeles 148