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Edlio Raises $40M For School Website Software, Looks Towards Acquisitions

socalTECH

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. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions.

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Bitcentral Buys Fission Software

socalTECH

Newport Beach-based Bitcentral , a developer of software used in broadcast news production and automation, said it has acquired Fission Software , a developer of software used for master control automation in the media and broadcast industry. Financial details of the acquisition were not disclosed. READ MORE>>.

Software 100
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Gimlet Media and Anchor: What Spotify’s Acquisitions Mean for Podcasts

Tech.Co

It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. Here’s what the podcast acquisitions mean for Spotify, for the entire podcast industry, and for all the tiny underdog podcasters out there. Above all, this news points to a big shift in the podcast industry.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

Matt was one of my inspirations behind Launchpad LA (yes, we’re going to have a program in 2011 – news very, very soon). He is very hands-on and helpful – especially for any company looking into customer acquisition. o CPM model gave him control over the information in the acquisition cycle so he focused on that. -

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Epicor Sale Off The Table

socalTECH

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. The news on that move came in May. READ MORE>>.

Sales 153
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Hulu Acquires Vhoto

socalTECH

Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. News of the acquisition first came from GeekWire, a Seattle area news publication. Financial details of the deal were not announced.

Hulu 100
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Lead Edge Capital Raises Fifth Fund, Worth $950 Million

socalTECH

Lead Edge Capital says it plans to make equity investments of between $20 million and $150 million per portfolio company from the new fund, which will continue to focus on growth-stage software, internet, consumer, and tech-enabled service businesses globally. READ MORE>>.

Capital 100