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Snap Sees Daily Active Users Increase In Q2

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Santa Monica-based Snap Inc. , the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results.

Activity 113
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Nimble Offers Up Free Software To Veterans

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Santa Monica-based contact relationship management (CRM) software developer Nimble says it is offering up a free year of access to its software to those who have served in the United States military. Nimble's software is used for managing business contacts, professional networks, customers, prospects, and more.

Software 113
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Event Farm Acquires Event Software Company Attend

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Santa Monica-based Event Farm , which develops event marketing software, has acquired Boston-based event software company Attend , as an expansion of the company's reach. Event Farm--which already has offices in Santa Monica and Washington D.C., READ MORE>>.

Software 100
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March Capital Backs Gr4vy

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Santa Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures.

Capital 113
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RealDefense Acquires STOPzilla

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Santa Monica-based RealDefense, which runs a number of different companies focused on security, privacy, and optimization software, said Tuesday that it has acquired STOPzilla. STOPzilla is a developer of cybersecurity software. Financial details of the acquisition were not announced.

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Bitium Gets $6.5M For Enterprise Software

socalTECH

Santa Monica-based Bitium announced Friday that it has raised $6.5M The company said the new funding will go towards product development, sales, and marketing activities. Bitium''s software is used for managing software-as-a-service apps. Bitium was part of the Amplify LA accelerator. READ MORE>>.

Software 153
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Headspace Teams With Sesame Street On Mindfulness

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Santa Monica-based Headspace , which provides online mindfulness and meditation software, has teamed up with Sesame Street , to create a series of animated shorts designed to help children learn about mindfulness, and help manage their emotions. READ MORE>>.