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Los Angeles Fast 500 Winners Announced

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The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.

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Yowza Gets Angel Funding For Mobile Coupons

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Woodland Hills-based Yowza , the developer of a mobile coupon application for both the iPhone and Android, disclosed today that it has closed on a Series A funding round. The round came from the Tech Coast Angels and the Pasadena Angels. The firm did not detail exact timing or size of the round.

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Key Information Systems Buys ISWest

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Woodland Hills-based Key Information Systems said Friday morning that it has acquired IT colocation and hosting company ISWest. ISWest is a provider of colocation, cloud services, and connectivity which has a major presence in Los Angeles, Ventura County, and beyond. Financial terms of the acquisition were not announced.

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REX Moves HQ To Texas

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Former Los Angeles-based online real estate startup REX has shifted its headquarters to Texas, after the move of its CEO to Austin, in a loss to Southern California's growing high tech startup community--although the company says it still has a team of 50 in Woodland Hills, and that it expects to continue to grow its team in that location.

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Nevolution Gets $450K For Windows App Store

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Woodland Hills-based Nevolution said today that it has raised $450,000 in an angel investment round, for the development of its Windows App Store.

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United Online Gets Unsolicited Acquisition Offer From B.Riley

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Woodland Hills-based United Online said this morning that it has received an unsolicited, takeover offer from Los Angeles-based B. In a letter to United Online's management, which was filed with the SEC, B. Riley said it now owns 7.9% of the outstanding shares of United Online, and is proposing to pay $12.50

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Wilcon Buys Freedom Dark Fiber Networks

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Los Angeles-based fiber optic and data center infrastructure provider Wilcon announced today that it has acquired dark fiber provider Freedom Dark Fiber Networks. Financial terms of the acquisition were not announced. Freedom Dark Fiber Networks is also based in Southern California, and is a provider of dark fiber in the region.