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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.”

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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

socalTECH

YuuZoo is an online operator of social media, e-commerce, and gaming properties, and says it has the ability to reach more than 4 billion consumers. YuuZoo said the deal will give it access to a "huge and growing library" of content, in film, TV, sports, fashion, and music.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. ” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff.

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MovieLaLa, Backed By LA Angel Investors, Acquired By Gyfcat

socalTECH

MovieLaLa , which had operated an app-based, social network for movie fans--and was backed by LA angel investors--as been acquired by user generated GIF site Gfycat , Gyfcat said on Thursday. As a result of the acquisition, Gyfcat has redirected all of MovieLaLa's website to its own pages.

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Interview with Vinny Jindal, Stockr

socalTECH

What does social networking have to do with the stock market? Vinny talked with us about his start, which allows users to discuss and collaborate on their stocks and finances in a social way. We wanted to tackle that problem, by using a social network. In that network, we bring in content from all over the web.

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United Online Sells StayFriends

socalTECH

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends.

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Digital Revenue Expert – Vince Thompson

SoCal CTO

More Visible Networking? Vince: On the consulting side we are working with a unique social network, a new television network and some original video content businesses. Tony: I personally am torn by choices around Networking Events in Los Angeles – you can go to something almost every night. I run a lot.

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