TechCrunch LA

FEBRUARY 23, 2021

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. The combined company, which will be listed on the New York Stock Exchange with ticker symbol “ACHR,” will have an equity valuation of $3.8

Los Angeles 309

Los Angeles Angel Networking Mobile 309

socalTECH

OCTOBER 14, 2013

Costa Mesa-based networking equipment maker Emulex is in the midst of discussions with private equity investors, to take the company private, according to a report Monday. The report, from Reuters, said that Emulex has talked with such private equity investors as Francisco Partners, Thoma Bravo, and Thomas H. Lee about a deal.

Equity 147

Equity Report Networking Acquisition 147

socalTECH

NOVEMBER 18, 2019

Goleta-based AutoVitals , which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners. Financial details of the private equity deal were not announced.

Equity 140

Equity Invest Southern California SaaS 140

socalTECH

JANUARY 30, 2014

Los Angeles-based private equity investor Marlin Equity Partners said Wednesday that it is planning to spin out its Tellabs Access products as an independent business. According to Marlin Equity, it has named Mike Dagenais as President and CEO of the Tellabs Access business, which will focus on optical local area networking products.

Equity 138

Equity Acquisition Los Angeles Networking 138

socalTECH

DECEMBER 13, 2011

Los Angeles-based Encompass Digital Media , a provider of digital media services to the broadcast and cable television market, said this moring that it is in a deal with private equity Court Square Capital Partners, where Court Square will acquire a majority interest in the company. READ MORE>>.

Equity 170

Equity Media Acquisition Los Angeles 170

socalTECH

OCTOBER 8, 2013

San Diego-based sports and activity registration provider ACTIVE Network said this morning that private equity firm Vista Equity Partners has launched its tender offer for all of its outstanding shares, offering up $14.50 ACTIVE Network''s board has already approved the deal. per share in cash to take the company private.

Activity 138

Activity Equity San Diego Networking 138

socalTECH

JANUARY 6, 2014

YP , the local search, media, and advertising firm spun out of AT&T which has significant operations in Glendale, said today that it has acquired venture-backed Sense Networks , a provider of mobile advertising and location-based services. Sense Networks was venture backed by Intel Capital, Javelin Venture Partners and others.

Networking 153

Networking Glendale Advertising Acquisition 153

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. According to Marlin Equity, it will pay $2.45 Tellabs was based in Chicago.

Equity 124

Equity Pricing Networking Acquisition 124

socalTECH

NOVEMBER 18, 2013

San Diego-based Active Network has appointed a new CEO, and now is officially owned by private equity firm Vista Equity Partners, the companies said Friday. Active Network said it has named Darko Dejanovic as its new Chief Executive Officer, after the completion of the cash tender deal for Active Network on Friday.

Activity 138

Activity Networking Equity San Diego 138

socalTECH

AUGUST 3, 2017

Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. Sugarfina has now raised more than $50M in funding. The company said it was advised by Imperial Capital on the funding. READ MORE>>.

Equity 133

Equity Funding Commerce Los Angeles 133

socalTECH

NOVEMBER 1, 2013

Los Angeles-based private equity firm The Gores Group said today that it has closed a transaction to sell Enterasys Networks to Extreme Networks, via its joint venture with Siemens AG. gores group extreme networks enterasys merger acquisition private equity' Gores bought Enterasys back in 2006 for $386M.

Networking 124

Networking Equity Acquisition Los Angeles 124

socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced.

Equity 113

Equity Acquisition Networking Capital 113

socalTECH

AUGUST 10, 2017

Irvine-based real estate and property information provider CoreLogic said this morning that it has acquired 100 percent of Mercury Network , a provider of software for valuation and appraisal management. Mercury Network was owned by private equity investor Serent Capital. Financial details of the acquisition were not announced.

Networking 113

Networking Equity Acquisition Software 113

Startup Professionals Musings

FEBRUARY 15, 2023

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Use your networking to get advice, but all jobs can be do-it-yourself. Use your equity for key executives and business partners.

Equity 139

Equity Social Media Startup Summary 139

socalTECH

DECEMBER 13, 2016

Los Angeles-based Apposite Technologies , a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. Size and terms of the funding were not announced by the companies. Apposite develops WAN emulation appliances.

Equity 100

Equity Invest Tool Los Angeles 100

socalTECH

OCTOBER 14, 2011

Well, Los Angeles based Near Networks (www.nearnetworks.com) is looking to both reach customers online, and avoid the tacky, lousy production of typical small business ads, with a new service. What is Near Networks? I imagine it must be difficult to scale this and build out a network of filmmakers? Sam Rogoway: Yes, it has.

Networking 150

Networking Search Engine Optimization Product Startup 150

socalTECH

JULY 8, 2015

Los Angeles-based private equity investor Kayne Partners , the growth private equity arm of Kayne Anderson Capital Advisors, said Tuesday that it made an investment in Language Access Network (LAN), a Columbus, Ohio-based provider of on-demand, video interpretation services.

Networking 100

Networking Equity Demand Los Angeles 100

socalTECH

FEBRUARY 7, 2014

The move comes eight months after Websense was acquired by private equity company Vista Equity Partners last June. Vista Equity Partners also owns two other, San Diego firms--Omnitracs and Active Network--spurring speculation that those firms are also at risk of relocating to Texas. payment from the state. READ MORE>>.

Southern California 199

Southern California San Diego High Tech Equity 199

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions , a Canadian company providing in-building wireless design software. The company''s software and associated services are used in the in-building wireless network design market. READ MORE>>.

Capital 171

Capital Software Invest Company 171

socalTECH

SEPTEMBER 20, 2010

El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. Internet Brands owns a wide network of online web sites in a number of verticals. The price is a premium of approximately 46.5

Internet Brands 190

Internet Brands El Segundo Equity Pricing 190

Both Sides of the Table

JUNE 12, 2013

And it applies to business relationships & networking as much as it does to remuneration in the workplace. But less as a complaint and more as advice to younger networkers, the more you invest in relationships the more you will get when you need. Jason Nazar is a master networker. Who cares what my equity is.

Venture Capital 407

Venture Capital Press GRP Partners Blogging 407

socalTECH

NOVEMBER 17, 2016

San Diego-based Qualcomm is one of the backers in a startup which is developing technology to create a network of peer-to-peer, wireless devices, to help improve access for phones in poor coverage areas. Cole Brodman, the former Technology and Innovation Chief and CMO of T-Mobile, and investor at Trilogy Equity, is the company's new CEO.

Networking 100

Networking San Diego Equity Mobile 100

socalTECH

AUGUST 31, 2011

Valencia-based Capital Exchange , an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group , Revolution Capital said today. Financial terms of the acquisition were not disclosed.

Capital 159

Capital Equity Sites Acquisition 159

socalTECH

FEBRUARY 12, 2014

According to reports, Omnitracs is in the midst of negotations to move its operations out of San Diego, and to Austin, following the recent sale of Omnitracs by Qualcomm to private equity firm Vista Equity Partners. READ MORE>>. texas diego omnitracs jobs employment'

San Diego 164

San Diego Company Companies Equity 164

socalTECH

MAY 30, 2012

That's the idea behind a new startup, Fundable , headed by serial entrepreneur Wil Schroter , which allows you to use rewards -- product, company schwag, an even equity -- as a tool to get your startup to the next stage. We allow startups to raise money, both based on equity, as well as rewards. What's Fundable?

Startup 223

Startup Equity Venture Capital Ideas 223

SoCal CTO

MARCH 12, 2012

Okay, so now you have it narrowed down and have determined that you need: Part-Time CTO or Technology Advisor to help guide you and close a bit of the Startup Founder Developer Gap , and Equity-Only Cofounder Developer - the first real developer that will work for equity and produce the bulk of the application. Go to user groups.

CTO Hire 211

CTO Hire CTO Coach Startup Equity 211

socalTECH

JULY 18, 2014

The move--which has been in the works since at least February --follows the company''s acquisition by Vista Equity Partners back in August of 2013. omnitracs texas relocation rick perry vista equity jobs employment loss' Omnitracs was formerly part of Qualcomm. Texas Governor Rick Perry said the state paid $3.9M READ MORE>>.

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

FEBRUARY 28, 2014

The move-- which was announced earlier this month by Texas Governor Rick Perry--comes after a concerted effort by Texas to convince Websense, and its new private equity owners Vista Equity, to relocate its headquarters. Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. Texas is providing a $4.5M

San Diego 170

San Diego Layoffs Equity Activity 170

socalTECH

JANUARY 25, 2013

Hulu said the revival of those titles come as part of an agreement with Prospect Park's The Online Network (TOLN). The new content development effort is being funded by private equity firm ABRY Partners; Prospect Park said it has closed a financing with ABRY Partners as part of the deal.

Hulu 197

Hulu Equity Los Angeles Content 197

socalTECH

DECEMBER 10, 2013

in a venture capital funding, in a combination of both equity and debt. PaeDae said the new funds will go towards the company''s expansion beyond a premium rewards network to an advertising and monetization platform aimed at brands and mobile app developers. network advertising mobile online rewards capital venture paedae'

Advertising 168

Advertising Mobile Venture Capital Equity 168

socalTECH

DECEMBER 1, 2017

Westlake Village-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital.

Westlake Village 178

Westlake Village Technology Equity Acquisition 178

socalTECH

NOVEMBER 26, 2018

Irvine-based FirstElement Fuel , a company developing a network of hydrogen fuel cell fueling stations, says it entered into an agreement with Air Liquide, where Air Liquide will invest more than $150M for a new liquid hydrogen production facility to supply FirstElement Fuel's hydrogen stations. READ MORE>>.

Networking 113

Networking Equity Invest Startup 113

socalTECH

NOVEMBER 27, 2012

Los Angeles-based private equity firm The Gores Group said yesterday that it has acquired DMN Ltd. , a mobile communications network engineering support and staffing provider, based in Swindon, UK. Financial terms of the buy were not announced. The acquisition came via Gores' Small Capitalization Partners fund.

Equity 153

Equity Mobile Los Angeles Acquisition 153

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. According to Vector Capital, Teletrac is currently providing network tracking of 200,000 vehicles across 87 countries.

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

APRIL 29, 2011

Los Angeles-based Shopzilla , the online comparison shopping site owned by Scripps Networks Interactive , has been sold to private equity firm Symphony Technology Group. Scripps said that Symphony will pay $165M to acquire all of the outstanding shares of Shopzilla, made up of $150M in cash plus $16M in deferred payments.

Technology 174

Technology Equity Los Angeles Sites 174

socalTECH

SEPTEMBER 1, 2010

Los Angeles-based Rubicon Project , the online advertising firm which helps web publishers optimize their ad network revenues, reported this week on the latest online ad spending, saying that ad spending tracked at its customers grew 47 percent in the first half of the year. READ MORE>>.

Advertising 193

Advertising Clearstone Report Equity 193

socalTECH

JANUARY 30, 2014

Los Angeles-based YouTube content network Fullscreen , which is led by George Strompolos, disclosed Thursday that it has issued $7.8M in equity--related to a merger and acquisition, most likely the acquisition of Supernova (better known as Viddy ) earlier this month. The disclosure came via a regulatory filing.

Acquisition 159

Acquisition Equity Venture Capital Content 159