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Who's Next For IPO, Acquisition In Southern California?

socalTECH

It's been a banner year for acquisitions and IPOs in Southern California--with such acquisitions as the $2 billion acquisition of Vizio in June; the acquisition of Dollar Shave Club in February; and the IPO of The Trade Desk last week. The company has been talking with IPO bankers about a filing all year.

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QLess Acquired By Private Equity Investor

socalTECH

Pasadena-based QLess, which develops software for managing virtual customer waiting lines, said on Tuesday evening that it has been acquired by Palisades Growth Capital, along with a syndicate of un-identified family offices. Financial terms of the acquisition were not announced. QLess is led by President and CEO Mark Tapling.

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Technical Review: A Trusted Look Under the Hood

TechEmpower

Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear. These are classic inflection points for a development team.

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The Most Misunderstood Facts About Building a Business on YouTube

Both Sides of the Table

We have made 5 online video investments in total – some we will talk about later this year. But if your goal is to develop an audience that can be monetized in other ways, I’ll repeat my argument “you need to fish in the pond where the fish are.” This is 14% of world population and 33% of all people online.

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Grindr sold by Chinese owner after US raised national security concerns

TechCrunch LA

Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership. based company, San Vicente Acquisition Partners. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses.

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Kofax Buys Software Firm

socalTECH

Irvine-based Kofax , a developer of document management software, said over the weekend that it has acquired 170 Systems , a venture backed provider of financial process automation software. and has about 140 employees; the firm was venture backed by Polaris Venture Partners. The deal was worth $32.9M.

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