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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

socalTECH

A local, private equity investor-- Dr. David L. Clarity Partners, based in Beverly Hills, invests in communications, media, and related technology companies. Lee , has been named chair of the board of diretors of the J. Paul Getty Trust , which runs The Getty Center, The Getty Villa, as well as other charitable efforts.

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Aviron Capital Acquires Stake In Kino Industries

socalTECH

Beverly Hills-based Aviron Capital , a consortium of financiers with primary backing from by private equity investor BlackRock, said this morning that it has acquired a "substantial equity stake" in Kino Industries , the developer of an interactive movie technology called CtrlMovie. READ MORE>>.

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Shackleton Equity Partners Buys SafeHarbor

socalTECH

Beverly Hills-based private equity firm Shackleton Advisors announced today that it has acquired SafeHarbor Technology , a Seattle-based provider of software for managing inbound telephone, email, and chat requests. Tags: shackleton equity partners private safeharbor merger acquisition software.

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LA-based Boulevard raises $27 million for its spa management software

TechCrunch LA

They spoke with salon owners in Beverly Hills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. This new capital will help accelerate our mission and deliver value to salons and spas that they never imagined was possible from technology.”.

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Siemer Summit 2015 Announced, Tim Draper To Keynote

socalTECH

The Siemer Summit , the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm. The firm also said that other speakers will include Thomas Gewecke of Warner Bros.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. million, according to a recent regulatory filing.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.