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Report: Snapchat Buys Cimagine Media

socalTECH

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimagine was founded in 2012.

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Snap accelerator names its latest cohort

TechCrunch LA

based media company angling to be the conscious consumer’s answer to Refinery29. Mogul Millennial — this Dallas-based company is a digital media platform for black entrepreneurs and corporate leaders. The list of new companies include: Brightly — an Oakland, Calif.-based Hardworkers — a Cambridge, Mass.-based

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no no surprise?—?that’s

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Tinder Buys Chill, The Maker Of Tappy

socalTECH

Los Angeles-based dating app developer Tinder has acquired Chill , the maker of Tappy, a Snapchat-like instant messaging service which revolves around photo sharing. tappy chill tinder social sharing instant messaging merger acquisition' Financial terms of the buy were not disclosed. As part of the buy, Tappy will shut down.

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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

socalTECH

The Snapchat analytics software developed by Los Angeles-based Naritiv , a startup producing online content for brands, has been acquired by social media management firm Hootsuite. Financial terms of the acquisition were not announced. The announcement was made on Tuesday. and Allen DeBevoise. READ MORE>>.

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Donut Media's Matt Levin On Creating A New Car Enthusiast Brand

socalTECH

Earlier this week, Los Angeles-based Donut Media (www.donut.media) announced a seed funding round, for its efforts to create a online, video-focused brand centered around car enthusiasts. Donut Media is venture backed by Techstars Ventures, 3311 Ventures, Fontinalis Partners and professional driver Ryan Tuerck. What is Donut Media?

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. He built & IPOd Demand Media. In the last month alone (ie not captures in the $1.5 What Has Given Birth to This New Movement in LA? . billion.