Both Sides of the Table

AUGUST 11, 2021

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

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socalTECH

DECEMBER 28, 2016

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

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Snapchat Media Report Venice 113

socalTECH

JANUARY 5, 2017

the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. Venice, California-based Snap, Inc. ,

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Snapchat Statistics Venice Los Angeles 124

TechCrunch LA

FEBRUARY 19, 2020

Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.) . — hailing from Mexico City, this startup makes mini games in augmented reality for brands and advertisers. The latest cohort from Snap’s Yellow accelerator.

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Artificial Inteligence Social Network Los Angeles Snapchat 331

socalTECH

MARCH 21, 2017

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.

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Snapchat Software Social Media Los Angeles 100

socalTECH

MAY 27, 2015

Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds.

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socalTECH

JUNE 22, 2017

the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock. 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.

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Snapchat Report Venice Services 113

socalTECH

SEPTEMBER 15, 2015

Venice, California-based instant messaging app developer Snapchat launched a new feature, "Lenses" Tuesday, allowing users to overlay cute selfie filters and overlays on snaps. Financial terms of the acquisition were not announced, but the deal has been reported to be worth around $150M. Looksery was based in San Francisco.

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L.A. Business Journal

OCTOBER 27, 2016

Facebook copies another Snapchat feature, Gannet may back away from tronc acquisition after banks walk, and coupon code finder Honey Science Corp. raises $5 million.

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Snapchat Report Acquisition 100

socalTECH

SEPTEMBER 26, 2016

It's been a banner year for acquisitions and IPOs in Southern California--with such acquisitions as the $2 billion acquisition of Vizio in June; the acquisition of Dollar Shave Club in February; and the IPO of The Trade Desk last week. Snapchat - Snapchat--or as it calls itself now, Snap Inc.

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Southern California Dollar Shave Club Acquisition Snapchat 100

socalTECH

NOVEMBER 15, 2016

A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. No terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>.

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Snapchat Report Venice Networking 100

socalTECH

OCTOBER 26, 2016

Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. Snapchat is in the midst of an IPO effort being led by Morgan Stanley and Goldman Sachs Group. READ MORE>>.

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Snapchat Report Venice Capital 100

socalTECH

SEPTEMBER 26, 2016

Venice-based Snapchat said over the weekend that it has renamed itself to Snap Inc. , Snapchat said the new Spectacles sunglasses include an integrated video camera that "makes it easy to create Memories." as it rolled out a new, wireless camera integrated with sunglasses called Spectacles. for the Wall Street crowd :)".

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Snapchat Venice Marketing Product 100

socalTECH

OCTOBER 12, 2016

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. READ MORE>>.

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Snapchat Report Venice Invest 100

Both Sides of the Table

OCTOBER 8, 2014

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. In the last month alone (ie not captures in the $1.5 What Has Given Birth to This New Movement in LA? .

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Entrepreneur Snapchat Startup Google 376

socalTECH

MARCH 25, 2016

Los Angeles-based Snapchat has acquired emoji software developer Bitstrips , in a deal worth around $100M in cash and stock, according to a report this morning. Fortune citing multiple sources, says the companies refused to comment on the deal.

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Snapchat Report Software Development Los Angeles 100

socalTECH

SEPTEMBER 7, 2016

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017.

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Snapchat Temple City Report Ventura 100

socalTECH

FEBRUARY 26, 2016

Venice-based Snapchat might be the darling of the technology startup scene, but there are at least three, privately held startups--and maybe, more--in Southern California who recently passed $100M in revenues, according to a look through recent announcements.

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Both Sides of the Table

MARCH 11, 2014

AOL committed to keeping the team in LA after the acquisition and in building a deeper technology team in town. They have a tremendous reputation both in LA and in the SF Bay Area for their tech chops. When AOL came calling there was another interested technology company based in the Bay Area. Maker Studios. FullScreen.

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socalTECH

MAY 31, 2019

the parent firm of Snapchat , has sold off Placed , a developer of location intelligence and offline attribution software tools. Financial terms of the acquisition were not announced. The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group. Los Angeles-based Snap Inc. , READ MORE>>.

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Snapchat Acquisition Los Angeles Tool 124

socalTECH

NOVEMBER 4, 2016

the parent company of Snapchat. Snapchat is reportedly hoping to have an IPO as early as March. Google Capital , the late stage investment firm owned by Google parent Alphabet, Inc., has confirmed it is a backer of Snap, Inc. , In a related move, The Information says that Snap Inc. --in READ MORE>>.

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Snapchat Google Class Invest 100

socalTECH

OCTOBER 15, 2014

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy.

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Class Startup Seed Funding Entertainment 185

socalTECH

JANUARY 16, 2017

the parent company of Snapchat , will retain majority voting control of the company, even after the IPO. A report on Monday says that Evan Spiegel and Bobby Murphy, the founders of Venice-based Snap Inc. , According to the WSJ, Spiegel and Murphy are expected to keep more than 70 percent of the voting power in Snap Inc.,

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Snapchat Report Southern California Venice 100

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. No details on the acquisition have been announced by either of the companies. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May.

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Snapchat Venice Startup Report 138

L.A. Business Journal

OCTOBER 4, 2016

Fisker relaunches his electric car brand, Disney rumored to be looking at Netflix acquisition, MTV to make shows for Snapchat, and more.

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Netflix Snapchat Report Acquisition 127

socalTECH

APRIL 26, 2021

Venice, California-based Snap, the parent company of Snapchat, has acquired 3D image acquisition company Pixel8earth. Pixel8earth develops a crowdsourced, 3D imagery acquisition service, which allows people to help build out a an open, 3D map of the world--mapping into 3D space. The deal was reportedly worth $7.6M.

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Snapchat Venice Acquisition Report 113

socalTECH

JANUARY 11, 2021

Financial terms of the acquisition were not announced. According to reports, four of StreetCred's employees, including its two founders, are joining Snap as part of the acquisition. Snap is the parent company of Snapchat. Snap appears to be using StreetCred to bolster the development of its Snap Map feature.

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Snapchat Acquisition Report Los Angeles 113

socalTECH

NOVEMBER 3, 2017

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Neither Snap nor Metamarkets have yet announced any acquisition. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco.

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Report Snapchat Venice Advertising 113

socalTECH

MARCH 21, 2017

Financial terms of the acquisition were not announced. Hootsuite said the acquisition specifically was geared towards the Snapchat analytics solutions created by Naritiv. Los Angeles-based Naritiv , which produces online content for brands, has been acquired by social media management firm Hootsuite , the two said on Tuesday.

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Snapchat Social Media Los Angeles Acquisition 113

socalTECH

NOVEMBER 23, 2020

Venice, California-based Snap , the parent company of Snapchat has reported acquired Voisey , the developer of an app which lets users overlay their voice on top of existing music tracks.

Snapchat 113

Snapchat Venice Acquisition Report 113

socalTECH

SEPTEMBER 19, 2014

The total exits from our "not qualified list" totaled $1.302 billion in IPOS; and somewhere between $160 and $180M in acquisitions. award acquisition merger exit enterepeneur socaltech50' Brian Lee also gets double credit, with another of list companies--The Honest Company--recently raising $70M in funding. READ MORE>>.

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SoCalTech Acquisition Truecar Southern California 166

socalTECH

MAY 26, 2021

Santa Monica-based Snap, the parent company of Snapchat, said late Tuesday that it has named Darcie Henry as the company's new Chief Human Resources Officer. According to Snap, Henry will join the company on July 6th, as current Chief People Officer Lara Sweet is retiring.

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L.A. Business Journal

AUGUST 29, 2016

to go on $100 million acquisition spree, Gatorade running in-app tennis game on Snapchat, and more. Sneaker app GOAT raises $5 million, Engage: BDR Inc.

Snapchat 113

Snapchat Report Acquisition 113

socalTECH

AUGUST 12, 2020

Venice, California-based Snap , the parent company of Snapchat , has reportedly been in talks with New York-based Dubsmash on an acquisition, according to The Information, which says that Facebook also has been talking with the TikTok competitor. The Information cited "a person familiar with the matter".

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Report Snapchat Venice Acquisition 113

TechCrunch LA

MAY 24, 2022

Following in Snapchat’s footsteps as a map-based social platform, the app also includes the ability to connect with people, find nearby events, join communities and message people. With the help of Niantic’s recent 8th Wall acquisition , these features will also be available in mobile web browsers.

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Snapchat Platform Los Angeles Mobile 177

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.

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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>>.

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