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Report: Flipagram Looking For Buyer

socalTECH

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed.

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Silicon Beach Report Aug. 31: Flipagram Is Shopping Itself Around to Potential Buyers

L.A. Business Journal

Flipagram Is Shopping Itself Around to Potential Buyers, Appetize signs deal to supply devices to Los Angeles Memorial Coliseum, CBS All Access Launches Ad-Free Option, and more.

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Live.me Raises $50M In Series B From Bytedance

socalTECH

In the second big piece of news in Los Angeles from Chinese company Bytedance , Bytedance said on Friday that it will invest $50M in a Series B funding in Los Angeles-based Live.me , a developer of an online livestreaming service. Bytedance also bought LA's Flipagram earlier this year. READ MORE>>.

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Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

According to the report, which was released this evening, there were 97 deals totaling $1.467 billion across the Southern California region, a rise, dollarwise, over Q3 of 2014, when there was $797.0M Los Angeles led the region, with $693.0M Other big deals included in the survey were Flipagram (nearly $70M) and Yuneec ($60.0M).