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Scopely Invests $50 Million in European Gaming Studios

L.A. Business Journal

Culver City-based mobile gaming company Scopely Inc. invested a combined $50 million in three boutique European game studios, the company announced July 19.

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Soon-Shiong’s NantWorks Invests in Daybreak Games

L.A. Business Journal

6 it invested an undisclosed sum into Daybreak Game Co., creating through the investment a joint venture titled NantG Mobile. Wilshire-based NantWorks, a diversified holding company run by Patrick Soon-Shiong, announced Sept.

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March Capital Leads $4 Million Fundraise for Mobile Game Developer Knock Knock

L.A. Business Journal

Santa Monica-based venture investment firm March Capital Partners led a $4 million funding round in San Francisco-based mobile game developer Knock Knock Games Inc.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

socalTECH

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

. “Whether it be a passion for an obscure manga or your favorite football team, Kik has shown an incredible ability to provide a platform for new friendships to be forged through your mobile phone.” In acquiring Kik, the holding company is expanding its mobile app portfolio. Heyward did not respond to a request for comment.

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Toast Labs Gets Seed Funding, Launches Food App

socalTECH

The startup said it recently closed a seed funding round from BAM Ventures, Chaotic Investments, John Bendheim Enterprises, and Suntoy Enterprises along with Courtney and Carter Reum, Jeff Stibel, and Matt Toledo, Publisher and CEO of the Los Angeles Business Journal. Financial details of the seed funding round was not announced.

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AppOnboard Raises $15 Million in Series A Funding Round

L.A. Business Journal

AppOnboard, a Los Angeles based mobile technology platform that creates demos for apps, announced a $15 million Series A round led by Korea Investment Partners (KIP) with contributions from Mirae Asset Management, Mantaray, MTG and Runa Capital. The capital infusion brings their total funding to $20 million.

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