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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. The company has a significant presence in India, with headquarters here in Culver City. Size of the investment was not announced.

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Audax Group Buys Controlling Interest in Acuant

L.A. Business Journal

Boston-based private equity firm Audax Group Inc. bought a controlling interest in Culver City-based identification verification software developer Acuant Inc. in a deal finalized Sept.

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Privlo Gets $350M In Debt For Technology Driven Mortgage Loans

socalTECH

The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is in the midst of moving from Culver City to Pasadena. privlo mortgage loan venture capital equity realestate marketplace online' The company is led by Michael Slavin. READ MORE>>.

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NantCell Ups Altor BioScience Acquisition Offer

socalTECH

Culver City-based NantCell , one of the companies that is part of Dr. Patrick Soon-Shiong's NantWorks group of companies, is acquiring Altor Bioscience. NantCell said the price is a "significant premium" to recent equity financings. The deal is worth approximately $290M. According to NantCell, it will pay $2.00 READ MORE>>.

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Cast & Crew Entertainment Services Buys CAPS Payroll

socalTECH

Financial terms of the acquisition were not announced, however, Cast & Crew said it is received "substantial additional equity" from its backer, private equity backer Silver Lake, as part of the buy. CAPS Payroll was based in Culver City. READ MORE>>.

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Amazon Studios To Continue Diversity Program With Howard University

socalTECH

Culver City-based Amazon Studios , the arm of Amazon which is focused on creating content for Amazon's streaming video service, says it is continuing a program it runs with Howard University , intended to help increase diversity in the entertainment industry.

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Cast & Crew Completes Caps Payroll Buy

socalTECH

Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll.