socalTECH

DECEMBER 28, 2016

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

Snapchat 113

Snapchat Media Report Venice 113

socalTECH

DECEMBER 20, 2016

Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite.

Report 100

Report Venice Snapchat Software Development 100

socalTECH

MAY 30, 2017

Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.

Report 124

Report Venice Snapchat Technology 124

socalTECH

FEBRUARY 24, 2020

Venice, California-based Snap has acquired the assets of ill-fated augmented reality (AR) hardware developer Daqri , according to a report today. Financial details of the asset acquisition were not announced. According to Protocol, the acquisition was of "certain Daqri assets" and around two dozen employees.

Venice 124

Venice Acquisition Startup Report 124

socalTECH

MARCH 26, 2018

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. No details on the acquisition have been announced by either of the companies.

Snapchat 138

Snapchat Venice Startup Report 138

socalTECH

JUNE 22, 2017

Venice, California-based Snap Inc. , Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock.

Snapchat 113

Snapchat Report Venice Services 113

socalTECH

FEBRUARY 2, 2017

Among the massive trove of information in Venice, California-based Snap Inc. 's Snap reported revenues of $404.48M in revenues for the year ended 2016, and total costs and expenses of $924.86M--much of that due to the huge increase in staffing for the company.

Santa Monica 100

Santa Monica Southern California Venice Technical Review 100