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

socalTECH

Los Angeles-based Privlo , a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is led by Michael Slavin.

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Cast & Crew Entertainment Services Buys CAPS Payroll

socalTECH

Burbank-based Cast & Crew Entertainment Services , which provides payroll and production management services and technology to the entertainment industry, said it has acquired CAPS Payroll , a provider of payroll services for the commercial production, venues, music tours, live events, unscripted television and independent film markets.

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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.

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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Over the last four years, I watched numerous entrepreneurs raise equity. You'll be able to browse all of those contributions here.

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Changing the Face of Digital Signage: Nanxi Liu of Enplug

Tech Zulu Event

Eventually, the team moved into a house (which at one point supported a crew of 20 people) and are presently in an office space in Culver City. We asked if he was willing to take a pay cut for more equity. Shortly after, we met two engineers who were much more skilled and were willing to take a salary cut for more equity.

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Changing the Face of Digital Signage: Nanxi Liu of Enplug

Tech Zulu Event

Eventually, the team moved into a house (which at one point supported a crew of 20 people) and are presently in an office space in Culver City. We asked if he was willing to take a pay cut for more equity. Shortly after, we met two engineers who were much more skilled and were willing to take a salary cut for more equity.