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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M. TeleSign was venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp. READ MORE>>.

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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

” For startups entering program they receive investment capital, access to coworking space at Disney’s creative campus and mentor support and guidance from top Disney executives, entrepreneurs, investors and other notable business leaders from the entertainment and technology communities, and have a Demo Day at the campus.

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Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Read More.

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TabJuice Takes On Facebook E-Commerce

socalTECH

San Diego-based TabJuice , a new startup aimed at social e-commerce, said today it has launched a new, Facebook e-commerce application. Christopher Capital, and headed by Dylan Whitman, who also heads up CheapSally.com and digital marketing agency Flank Digital. The firm is backed by J.

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Saltbox raises $10.6M to help booming e-commerce stores store their goods

TechCrunch LA

E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. We became aware of the lack of physical workspace for SMBs engaged in commerce,” Scriven told TechCrunch. “If

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. .” “The third piece is a developer ecosystem,” Evans said.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Investors: FirstMark Capital (Amish Jani)(lead), with existing investors: Accel Partners, Bessemer Venture Partners, First Round Capital, Reid Hoffman. Online peer-to-peer lending. 14.7mm in Series D.