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It's often tough to figure exactly who the venturecapital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Most recent investments: Ring, Flipagram, Snapchat. Crosscut Ventures 6 deals. READ MORE>>.
The news comes shortly after Bytedance (Beijing Bytedance Technology Co Ltd) also announced it had acquired another Los Angeles, social app developer, Musical.ly, in a deal reported to be worth as much as $1 billion. Bytedance also bought LA's Flipagram earlier this year. is a subsidiary of Chinese company Cheetah Mobile.
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