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Diversis Capital Backs SalesRabbit, Eyes Acquisitions

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this week that it has backed field sales software developer SalesRabbit. SalesRabbit offers up both native mobile and web-based software aimed at field sales organizations. The company is based in Utah.

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j2 Global Acquires Australian Web Hosting Firm Web24

socalTECH

Los Angeles-based internet services giant j2 Global is continuing to build out its vast empire of Internet services, saying this morning that it has acquired Australian web hosting company Web24 Group Pty Ltd. j2 Global said the acquisition moves the company into the web hosting arena. READ MORE>>.

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AtlasJobs Wins Healthcare Operator

socalTECH

Los Angeles-based AtlasJobs, a developer of a white-label web and mobile app for talent acquisition, said it has signed up healthcare operator PAM Health as a customer. Financial details of the win were not announced. AtlasJobs is led by Dr.

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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.” Morgan Stanley & Co.

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

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company.

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Niantic transcends Discord to build Campfire, an AR social app, and unveils Lightship VPS

TechCrunch LA

At launch, Niantic’s head of product for mapping Tory Smith said that San Francisco, Seattle, Los Angeles, New York, London and Tokyo are the most densely mapped. With the help of Niantic’s recent 8th Wall acquisition , these features will also be available in mobile web browsers.

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Internet Brands Buys Seven Consumer Web Sites

socalTECH

Los Angeles-based Internet Brands said Thursday that it has acquired seven consumer websites, as part of an expansion of its health and home vertical markets. Financial details of the acquisitions were not disclosed. Financial details of the acquisitions were not disclosed. READ MORE>>.