socalTECH
FEBRUARY 2, 2021
Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.
socalTECH
SEPTEMBER 6, 2019
The programs--which does not charge fees or take equity from companies in its program--says it is seeking nine early stage startups to take part in its eight-week program, designed to help early stage startups. Startup Boost Los Angeles says its program includes six weekly workshop sessions and one demo night hosted by Google, in Venice.
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socalTECH
FEBRUARY 19, 2020
Venice-based Snap announced the third class of its Yellow startup accelerator class on Wednesday, naming ten companies to participate in its annual 14-week program in Los Angeles. Snap says that those 10 companies were receive $150,000 in equity investments, mentorship from Snap and others, space in Los Angeles, as well as other support.
socalTECH
JANUARY 25, 2018
Venice, California-based venture capital investor Fifth Wall says it has made a $135M investment in San Francisco-based real estate sales startup Opendoor , as part of a combined equity and debt funding. Fifth Wall's LPs include CBRE, Equity Residential, Hines, Host Hotels & Resorts, Lennar, Macerich, and Prologis.
socalTECH
SEPTEMBER 9, 2016
A report says that Venice, California-based instant messaging app developer Snapchat has just opened up a new line of credit from Morgan Stanley. The report--from Recode--cites "multiple sources" in the report, and speculates that Snapchat is looking to avoid further shareholder dilution and equity.
socalTECH
FEBRUARY 2, 2017
Venice, California-based Snap Inc. , The new accelerator says it will invest $120,000 in funding in comapnies in the accelerator for up to 6 percent equity, with a 100 day program to be held at R/GA's New York offices. READ MORE>>.
socalTECH
MARCH 9, 2018
The funding was co-led by Valor Equity Partners and Index Ventures, and also included Craft Ventures, Goldcrest Capital, plus Tusk Ventures and Upfront Ventures. Bird currently offers up its services in Santa Monica, Venice, UCLA, Westwood, and San Diego, and is looking at a nationwide expansion with the new funding. READ MORE>>.
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