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

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. TeleSign was venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp.

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Cooking.com Gets $13.5M

socalTECH

Marina del Rey-based Cooking.com has raised $13.5M BIA said that the round also included primary equity backer Azure Capital Partners. The funding will go towards growth of the company's flagship site, as well as build out of its e-commerce and enterprise products.