L.A. Business Journal

MARCH 22, 2021

announced March 15 that it plans to raise $350 million in a private debt offering that will partially fund its planned acquisition of SpotX Inc. Advertising technology company Magnite Inc.

Funding 130

Funding Advertising Acquisition Technology 130

socalTECH

NOVEMBER 19, 2021

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. Size of the funding was not announced. The company said the acquisition is its fifth acquisition to date.

Funding 100

Funding Entertainment Acquisition Equity 100

socalTECH

NOVEMBER 10, 2020

(Romeo Power) has raised new funding from recycling and solid waste company Republic Services. According to Romeo Power, Republic Services has exercised its option to acquire additional shares of Class A common stock in RMG Acquisition Corp. Romeo Power is in the midst of an acquisition by RMG Acquisition Corp.,

Services 113

Services Funding Acquisition Class 113

socalTECH

SEPTEMBER 8, 2020

Costa Mesa-based Strategic Data Center Fund Manager , which acquires data center real estate, says it has secured $200M in a credit facility, from Sunflower Bank. Strategic Data Center said the first $25M of the line of credit will go to facilitate the acquisition of a data center property. Bryan Marsh is CEO of Strategic Data Center.

Acquisition 113

Acquisition Funding Develop Development 113

socalTECH

APRIL 23, 2018

billion in debt to fund content acquisition, production and development, potential acquisitions and strategic transactions, and other efforts, the company said this morning. The new funding will undoubtedly impact the Los Angeles region, where Netflix has based most of its content efforts.

Netflix 100

Netflix Content Acquisition Hollywood 100

socalTECH

OCTOBER 17, 2018

Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. The funding came from private equity investment provider LLR Partners. Size of the investment was not announced. Canada, and Latin America.

Education 124

Education Acquisition Invest Software 124

socalTECH

JUNE 15, 2017

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. As part of the funding, Donn Davis of Revolution Growth will join the company's board. Scopely is led by Walter Driver. READ MORE>>.

Acquisition 113

Acquisition Mobile Venture Capital Los Angeles 113

socalTECH

AUGUST 14, 2013

According to NextSpace, its first expansion outside California comes via the acquisition of a coworking operator called The Coop. nextspace venture capital coworking chicago coop merger acquisition' The investment came from a Chicago real estate and private equity investor, Lakewest, along with angels. READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

FEBRUARY 4, 2020

more in funding, the company announced on Tuesday. The funding came from prior investor Crosscut Ventures. Retina develops customer lifetime value software which companies used to determine how much their customers are worth to them, helping them to optimize their cost-per-acquisition. Los Angeles-based Retina has raised $2.5M

Dollar Shave Club 113

Dollar Shave Club Funding Customer Custom 113

socalTECH

AUGUST 8, 2017

Financial details of the acquisition were not announced. The acquisition is the second acquisition for A&E Medical. Vance Street Capital acquired A&E Medical in February of 2016. Vance Street said it was advised by Paul Hastings LLP in the deal, with RTi being advised by Stephens Inc. RTI Surgical is based in Florida.

Acquisition 100

Acquisition Capital Equity Los Angeles 100

socalTECH

JUNE 10, 2019

San Diego-based Goal Structured Solutions , a consumer finance company that managed consumer and student loans, has acquired Skills Fund , a startup which offered up financing for students attending "coding bootcamps", the two said last week. Financial terms of the acquisition were not announced.

Funding 113

Funding San Diego Acquisition Invest 113

Startup Professionals Musings

APRIL 17, 2023

Thus your startup maturity and growth stage is the primary key to success with potential funding sources. My invention and prototype works, but I need funding to continue.” Tune your investor pitch and funding expectations accordingly. This is the exit stage for the entrepreneur, and for all earlier investors. Marty Zwilling

Funding 125

Funding Startup Ideas Equity 125

socalTECH

AUGUST 22, 2013

That acquisition by JustFab of fellow fashion startup ShoeDazzle yesterday? The acquisition valued ShoeDazzle at only around $30M, a huge drop in the company''s value, compared with a $240M valuation back in 2011, according to Dow Jones. funding round. justfab shoedazzle merger acquisition fashion ecommerce subscription'

Acquisition 164

Acquisition Los Angeles Report Startup 164

socalTECH

FEBRUARY 5, 2018

The company--which trades on the NYSE as LFGR--said the funds would go to working capital and general corporate purposes, plus to acquire or invest in complementary businesses, products and technologies. Leaf Group says it does not have any specific acquisitions in mind. Leaf Group was last known as Demand Media. READ MORE>>.

Acquisition 113

Acquisition eHow Santa Monica Demand 113

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. As a former angel investor, I look for this level of alignment and understanding in every funding presentation I hear. It forces you to bridge the gap between idea and execution.

Funding 133

Funding Activity Customer Custom 133

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

socalTECH

MAY 1, 2019

Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. The company, which develops cross-platform advertising, said it will use the funding to build out its team, as well as for acquisition.

Funding 113

Funding Santa Monica Advertising Platform 113

L.A. Business Journal

JULY 14, 2017

had acquisition talks with AdRoll, NationBuilder’s clients include Trump’s campaign and French President Macron, and SpaceX seeks government funds for deep space exploration.

Acquisition 124

Acquisition SpaceX Report Funding 124

socalTECH

MARCH 24, 2011

Department store firm Nordstrom said this morning that it has completed its acquisition of Los Angeles-based private sales site HauteLook. Nordstrom announced its acquisition of HauteLook on February 17th. Nordstrom paid $180M in cash plus up to $90M in earn out for HauteLook, for a transaction worth $270M. READ MORE>>.

Acquisition 133

Acquisition Southern California Sales Los Angeles 133

socalTECH

MARCH 30, 2017

The record, $2 billion acquisition of Irvine-based TV maker Vizio has hit some serious turbulence, with reports saying that the deal may be abandoned or cancelled , due to issues China's recent restriction of moving capital overseas. READ MORE>>.

San Gabriel 100

San Gabriel Acquisition Report Sales 100

socalTECH

JANUARY 22, 2014

in funding, the company said Tuesday. The funding round came from Gladstone Investment Corporation and Gladstone Capital Corporation. According to the online retailer, the funding included $13.0M capital venture equity private acquisition merger buyautoparts' READ MORE>>.

Equity 133

Equity Acquisition San Diego Capital 133

socalTECH

JUNE 11, 2014

The publicly held company--which owns a significant number of Internet services, in addition to publisher Ziff Davis--said it will use that debt funding for general corporate purposes, including acquisitions. backup cloud saas software efax capital acquisition merger j2global' READ MORE>>.

Acquisition 149

Acquisition Software Review SaaS Email 149

socalTECH

OCTOBER 13, 2017

Santa Monica-based VY Esports , a new startup focused on connecting esports, brands, and media companies, said on Thursday that it has raised a seed funding round. Size of the funding was not announced. VY Esports said the seed funding was led by Raine Ventures, and also included Courtside Ventures, Elysian Park Ventures, and others.

Seed Funding 113

Seed Funding Funding Santa Monica Venture Capital 113

socalTECH

FEBRUARY 2, 2018

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.

Artificial Inteligence 170

Artificial Inteligence Funding Tech Coast Angels IBM 170

socalTECH

OCTOBER 29, 2019

Los Angeles-based mobile games developer Scopely has raised a $200M, Series D funding, which it says it will use for acquisitions, the company announed early this morning. The company was founded in 2011, and has now raised over $487M in total funding since founding. READ MORE>>.

Funding 100

Funding Mobile Los Angeles Acquisition 100

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. Transphorm said the funding came from existing investors, including an affiliate of Kohlberg Kravis Roberts & Co. According to Transphorm, following the merger, Peninsula changed its name to Transphorm, Inc.,

Funding 113

Funding Equity Acquisition Sales 113

Startup Professionals Musings

JULY 16, 2023

None normally work for or provide funds for early-stage startups. Typically, their service is to help you invest in stocks, bonds, or mutual funds, much like independent financial advisors. Many investment banks even call themselves “boutiques.” Investment banks normally charge fees consisting of three components.

Funding 72

Funding Startup Invest Venture Capital 72

socalTECH

SEPTEMBER 18, 2014

According to one of Pasadena-based Metacloud ''s venture capital backers, the acquisition of the cloud services provider by Cisco on Wednesday was an "epic exit". in funding, from such investors as AME Cloud Ventures, Canaan Partners, Pelion Ventures, Silicon Valley Bank, and Storm Ventures. READ MORE>>.

Venture Capital 113

Venture Capital Acquisition Ticketmaster Yahoo 113

socalTECH

AUGUST 18, 2016

Online news site Gawker Media will shut down its operations, after its acquisition by LA's Univision on Tuesday, according to the site. According to Gawker, Nick Denton, the current CEO of Gawker, told staffers that staffers will be moved to one of Gawker's other six sites, or elsewhere within Univision, as a result of the acquisition.

Acquisition 100

Acquisition News Media Sites 100

socalTECH

OCTOBER 12, 2016

Los Angeles-based Edlio , a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. The funding came from L Squared Capital Partners. Edlio is led by CEO Ali Arsan.

Acquisition 100

Acquisition Software Class News 100

socalTECH

JANUARY 25, 2018

in a Series B funding, the company said today. According to Greenfly, the funding round was led by Alpha Edison, and also included Iconica Partners, Elysian Park, and Corazon Capital. in funding. Greenfly says the new funding will go towards technology, user acquisition, marketing initiatives, and new hires.

Marketing 133

Marketing Funding Santa Monica Social Media 133

socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

Equity 124

Equity Funding San Diego Software Development 124

socalTECH

SEPTEMBER 26, 2017

CAA said the funding will go towards funding growth, including acquisition. CAA has also recently received investments from Chinese media and entertainment fund CMC, Fubon Group, and Taiwan Mobile.

Funding 124

Funding Southern California Entertainment Activity 124

socalTECH

AUGUST 9, 2010

Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. Veoh had raised more than $70M in venture funding, before being force into bankruptcy in February. Tags: qlipso veoh merger acquisition video sharing social. READ MORE>>.

Veoh 145

Veoh Acquisition Los Angeles Tool 145

TechCrunch LA

SEPTEMBER 13, 2021

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. The acquisition is not the first for SpotOn, which also acquired SeatNinja earlier this year.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

JANUARY 26, 2021

Los Angeles-based Clash, a startup that focuses on helping creators with monetization tools, said this morning that it has received a new funding round, and acquired the short-form video app Byte. Size of the funding was not announced. The company said it also received funding from M13 Ventures and Plug and Play.

Funding 113

Funding Los Angeles Tool Help 113

Both Sides of the Table

APRIL 10, 2010

The same is true of Twitter, and as a VC I would personally never fund a company that looked to simply plug a functional gap in Twitter. I think Twitter made a minor gaffe by announcing their Blackberry app and their acquisition of Atebits (Tweetie) before the Chirp conference. We will be direct and forthright.

Acquisition 287

Acquisition Develop Development Conference 287