L.A. Business Journal

AUGUST 11, 2017

Snap confirms acquisition of Zeny for $213 million, Google's diversity controversy mocked in street art near its Venice office and Third Point sells all Snap shares.

Acquisition

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MARCH 19, 2010

Reza Bundy , the founder of Venice-based Mota Motors , looks to be a major beneficiary of an IPO -- not of his current firm, but of his prior company, Iron Planet. Tags: acquisition merger ironplanet planet iron founder motors mota. In those filings, Iron Planet indicates that Bundy still owns 9.37 percent of Iron Planet. READ MORE>>.

Venice

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APRIL 24, 2014

Los Angeles-based Fandango has acquired the assets of MOVIECLIPS from Venice, California-based ZEFR , the two said this morning, along with the team supporting the MOVIECLIPS service. According to Fandango, it will use the acquisition of MOVIECLIPS to expand its product offerings in the area of video, content, and movie discovery.

Fandango

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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

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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.

Snapchat

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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.

Snapchat

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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.

Report

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DECEMBER 28, 2016

Venice-based Snap, Inc. , 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. Cimaging Media develops augmented reality technology. Cimagine was founded in 2012. READ MORE>>.

Snapchat

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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

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MARCH 17, 2021

Venice, California-based Snap said on Wednesday that it has acquired Fit Analytics, which is developing machine learning technology which helps people figure out what clothing or shoes might fit them best. Financial terms of the acquisition were not announced. Fit Analytics is based in Berlin, and has around 100 employees.

Artificial Inteligence

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FEBRUARY 2, 2021

Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.

Venice

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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.

Snapchat

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JANUARY 17, 2017

The IPO follows one of the most active IPO and mergers and acquisitions years for Southern California last year, in 2016, and comes ahead of an anticipated IPO announcement for Venice-based Snap, Inc. as early as Thursday. READ MORE>>.

Pricing

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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".

Report

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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

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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

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OCTOBER 6, 2016

Venice-based instant messaging company Snap Inc. otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. The WSJ reports that the company is looking to hit the market as early as March , in a deal which would value the company at $25 billion.

Snapchat

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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.

Snapchat

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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. Spiegel said that an "IPO is really important" to the company. Spiegel did not give a timeframe for any IPO effort.

Snapchat

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MAY 21, 2019

Venice-based social media app developer Snap said late Monday that it has named a new Chief Financial Officer and Chief People Officer, in a shuffling of its executive staff. Sweet will continue to serve as Chief Accounting Officer until a replacement is named.

Social Media

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DECEMBER 18, 2019

Venice, California-based GIGXR , a new startup, has acquired the assets of Pearson Immersive Learning Group , a unit of publishing firm Pearson, and raised $1M in a seed funding round, the company disclosed today. Financial terms of the acquisition were not announced.

Seed Funding

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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.

Snapchat

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JULY 6, 2016

Venice, California-based OpenMail , a developer of data warehousing products used for marketing analytics and targeting, has acquired the Infospace business from owner Blucora. Blucora said that OpenMail is paying the company $45M in cash for Infospace. Blucora was advised by GCA Savvian Advisors in the sale.

Venice

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JANUARY 5, 2017

Venice, California-based Snap, Inc. , 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.

Snapchat

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AUGUST 3, 2017

A report on Thursday said that Google offered to buy Venice, California-based Snap , the parent company of Snapchat , in a deal worth $30 billion. The report , from the Business Insider, cited "three people" including people "inside and close to the company" for the information.

Google

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FEBRUARY 28, 2017

Venice, California-based Snap --in what will be Southern California's biggest technology IPO, ever--is expected to price its IPO on Wednesday night, and start trading on Thursday morning. The company has set an estimated IPO offering range of between $14.00 and $16.00 per share, and is hoping to sell 200 million shares in its IPO.

Pricing

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JANUARY 10, 2017

Venice, California-based Snap, Inc. , The company said it has "one HQ, in Venice", and the changes in London simply involved billing advertising revenue in the UK through a UK entity. the parent company of Snapchat , said on Tuesday that it has not established a new international headquarters in London--despite media reports.

Venice

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AUGUST 2, 2017

Venice, California-based Snap is reportedly looking to buy Chinese drone maker Zero Zero Robotics , the maker of the "Hover" selfie drone. According to The Information, Snap is looking to pay between $150M and $200M for Zero Zero Robotics. The deal apparently was denied by Zero Zero Robotics' CEO Meng Qui Wang. READ MORE>>.

Report

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JUNE 5, 2017

Venice, California-based Snap Inc. , the parent firm of Snapchat , has acquired, location-based information startup Placed , according to Placed. Financial terms of the buy were not disclosed. Placed was based in Seattle. Financial details of the deal were not announced, but a report said Snap paid more than $200M for the startup.

Snapchat

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FEBRUARY 2, 2017

Among the massive trove of information in Venice, California-based Snap Inc. 's s IPO filing on Thursday is the tidbit that the company more than tripled its number of employees in the last year, going from 600 full time employees on December 31, 2015, to 1,859 as of December 31, 2016.

Santa Monica

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JUNE 22, 2017

Venice, California-based Snap Inc. , the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock. Zenly is the developer of a social, location sharing app which lets you track where your friends are at any time.

Snapchat

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NOVEMBER 6, 2017

If successful, the IPO would join Newport Beach-based Veritone; Westlake Village-based Sienna Biopharmaceuticals; San Diego-based AmpliPhi Biosciences; San Diego-based Tocagen; Irvine-based Alteryx; San Diego-based AnapytsBio, and Venice-based Snap Inc on 2017's IPO list for the region. READ MORE>>.

Westlake Village

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FEBRUARY 16, 2017

Venice, California-based Snap Inc. , the parent company of Snapchat , has set its estimated initial IPO pricing, saying this morning in a filing that it estimates its initial public offering price at betwen $14.00 and $16.00 Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68

Snapchat

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MARCH 2, 2017

Venice-based Snap Inc. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 per share in early morning trading--up more than 43%. The company--which priced at $17.00 per share last night--opened at $23.71 billion each.

Southern California

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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>>.

Snapchat

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JANUARY 31, 2017

The highly anticipated IPO filing for Venice, California-based Snap Inc. , the parent company of Snapchat is now expected as early as this week, as reports say the company has selected the New York Stock Exchange (NYSE) for its listing. The company's IPO is rumored to value the company at more than $25 billion. READ MORE>>.

Snapchat

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AUGUST 11, 2016

Venice, California-based OpenMail has completed its deal to acquire online search engine site Infospace , from owner Blucora. The deal, which was announced in July, was worth $45M in cash. OpenMail is led by former Demand Media executive Chuck Ursini, and is developing data warehousing products in the marketing analytics and targeting area.

Venice