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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management.

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Web Second, Mobile First

Both Sides of the Table

The titles were: Mobile First, Web Second. Mobile First, Web Second (continued). I know that they really impacted an entire cohort of startups because every company that was coming to pitch me businesses was (is) saying, “I’m a ‘mobile first’ company.” The power of large screen real estate.

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AppOnboard Signs Customers For Mobile App Demo Technology

socalTECH

Los Angeles-based AppOnboard , the developer of mobile app demo technology led by Jonathan Zweig, says that it now has such app developers as FoxNext Games, Game Insight, Superheart Studios, Jam City, Huuuge Games, and Simple Habit using its tools.

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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Naturally I’m excited about this investment or I wouldn’t have done it.

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eKomi Expands Board After Investment From Goldman Sachs

socalTECH

Los Angeles- and Berlin-based eKomi , a developer of software to solicit ratings and reviews from e-commerce customers, has added Anastassia Lauterbach to its board of directors. eKomi is led by Michael Ambros, and says it is headquartered in Berlin and Los Angeles with additional offices in London, Paris, and Madrid.

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How Nix Hydra's Egg Baby Cracked The Code For Female Gamers

socalTECH

However, Egg Baby--the title from newly funded Nix Hydra (www.nixhydra.com)--seems to have cracked the code for how to get new, young, female consumers to become game players. Lina Chen: Nix Hydra makes mobile games for the young female demographic. Most of the reviews rant about how cute the game is, so they probably like that too.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

Take electricity as an input and through a process called ultrasonic transduction to convert it to a soundwave that can be beamed from a transmitter to a sleeve on your mobile phone that would use and ultrasound receiver to convert it back to electricity and charge your phone. We hired IP specialists to review prior art.