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Los Angeles- and New York-based Vcorp Services , the provider of business formation and other corporate legal services, has been acquired by Wolters Kluwer Governance, Risk & Compliance , a Netherlands-based provider of risk and compliance services. Financial details of the acquisition were not announced.
Since selling Matt has gone on to become one of the smartest angels I have seen operate. He is very hands-on and helpful – especially for any company looking into customer acquisition. Later they became big business in Financial services lead-gen. He wanted to see all the data himself. He told them it was now or never.
It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4
CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M. READ MORE>>.
After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early-stage retail investment firm out of New York, XRC Labs.
Newport Beach-based SignNow , a developer of mobile signature capture and document storage services, has been acquired by Barracuda Networks. SignNow was venture backed by Khosla Ventures and the Tech Coast Angels. Financial details of the acquisition were not disclosed. The company raised $2M in funding back in March of 2012.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Many players including Coca Cola, Oyo, Samsung, Tata Group, and KFC use Haptik’s chatbots in their customer support services. 60% of all software is bought in the U.S.,
TrustedID, which provides credit and identity protection services, announced the acquisition on Tuesday afternoon, but did not disclose financial terms of the buy. Unsubscribe.com was venture backed by Charles River Ventures, First Round Capital, DFJ Frontier, and angel investors. READ MORE>>.
A newly launched company, Mission --created from the merger of Los Angeles-based Reliam , Los Angeles-based Stratalux ,and Boston-based G2 Tech Group -- has launched under a new, consolidated brand, Mission said this week. READ MORE>>.
Netflix , the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion debt offering, a move which might benefit the Los Angeles content production industry. According to Netflix, it is proposing a $2.0 According to Netflix, it is proposing a $2.0 READ MORE>>.
Los Angeles-based hosting company DreamHost is announcing this morning that it has raised $30M in a debt financing round, from Goldman Sachs. Dreamhost offers up a wide range of web hosting services, including domain name registration, web hosting, Wordpress hosting, cloud computing, cloud storage, and other services.
Telesign , the provider of Internet security and authentication services and tools, said today that it has acquired global SMS provider Routo Telecommunications. Los Angeles-based Telesign, which is headed by serial entrepreneur Steve Jillings, said that the acquisition will help it improve its fraud prevention services.
Los Angeles-based organic, membership-based food service Thrive Market has a big, new competitor in town-- Amazon.com --which just announced a gigantic, $13.7 billion acquisition of Whole Foods on Friday.
Los Angeles-based lithium ion battery developer Romeo Systems, Inc. Romeo Power) has raised new funding from recycling and solid waste company Republic Services. According to Romeo Power, Republic Services has exercised its option to acquire additional shares of Class A common stock in RMG Acquisition Corp.
Los Angeles-based Centerfield , a company which provides marketing and customer acquisition to the residential services, business services, and telecommunications markets, says it has launched a new product, called Insights by Scout. Pricing on the new product was not announced. READ MORE>>.
Over the past three years the Los Angeles-based startup Maple Media has amassed a portfolio of roughly thirty companies and one hundred apps in its quest to become the IAC of app store businesses. The company recently acquired PlayerFM , a podcast discovery service, for an undisclosed amount to expand its footprint in the podcast space.
Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. Image Credits: SpotOn.
Los Angeles-based Boingo Wireless , which provides distributed antenna system (DAS), small cells and Wi-Fi services--including running its own network of Wi-Fi hotspots--says it is expanding its efforts to the new, Citizen Broadband Radio Services (CBRS). Boingo said it already launched a private, LTE cellular network on the 3.5
Los Angeles-based Boingo Wireless , which provides distributed antenna system (DAS), small cells and Wi-Fi services--including running its own network of Wi-Fi hotspots and small cell networks--says that it has received "multiple inquiries regarding a potential strategic transaction".
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.” Image Credit: Getty Images/franckreporter.
Los Angeles-based TotSquad , which operates a marketplace that connects new parents with various services, has sold its baby gear cleaning services to San Francisco-based BabyQuip. Financial terms of the acquisition were not announced. BabyQuip is a baby gear rental service. TotSquad was founded in 2010.
West Hollywood-based 12Society , which operated a subscription-based, celebrity-driven gift delivery service, has been acquired by fellow Los Angeles gift subscription firm Quarterly. Quarterly is venture backed by Collaborative Fund, Initialized Capital, SV Angel, and True Ventures. READ MORE>>.
Los Angeles-based movie ticketing and movie streaming company Fandango is acquiring the Vudu on-demand video streaming service from Walmart , according to a notice from Vudu on its website. Financial terms of the acquisition were not announced.
Docstoc was venture backed by Rustic Canyon Partners, Crosscut Ventures, as well as local angel investors like Mike Jones, Scott Walchek, Matt Coffin (LowermyBills), Brett Brewer (Intermix/MySpace), Robin Richards (MP3.com), documents business acquisition merger intuit docstoc' com), and others. READ MORE>>.
Los Angeles-based content delivery network operator EdgeCast has been acquired by Verizon , to help bolster Verizon''s Digital Media Services, Verizon said this morning. edgecast verizon content delivery network merger acquisition' Financial terms of the deal were not announced, but the deal is reported to be worth around $390M.
TikTok , the fast-growing user-generated video app from China’s Bytedance, has been building a new music streaming service to compete against the likes of Spotify, Apple Music and Amazon Music. Specifically, a source close to TikTok has confirmed to TechCrunch that this Merlin deal covers its upcoming music subscription service Resso.
The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack , the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the Tech Coast Angels, this is the company's sixth highest ever. in November of 2018. READ MORE>>.
Los Angeles-based online and mobile movie ticket service Fandango announced this morning that it is acquiring the business of Quantum Loyalty Solutions , a provider of movie ticket promotions. Financial terms of the acquisition were not announced. Quantum Loyalty Solutions runs movie loyalty points program Hollywood MOvie Money.
Los Angeles-based payment processing technology developer CheckAlt , which is led by Shai Stern, said this morning that it has acquired a subsidiary of Diebold , in the area of item and payment processing. CheckAlt provides e-check, remote deposit capture, mobile payments, and many other services to financial institutions. READ MORE>>.
In addition to the new funding, the company also said it has acquired Los Angeles-based Jarvus , which develops an app to people capture and share experiences, events and moments together. textPlus, which is based in Marina Del Rey, develops a combination of mobile apps and related services which allow users to text each other for free.
Financial details of the four acquisition, which all closed in the first quarter of 2019, were not announced. j2 Global said the acquisition will help it grow its global customer base, provide it with access to new markets, and will expand its product lineup.
I am taking the lead from GRP and we also invested alongside a number of friends including Dave McClure, Dave Tisch, Ben Smith (Merchant Circle), Brian Lee (ShoeDazzle, LegalZoom), Jason Calacanis, Evan Rifkin, Jennifer Lum, Jay Weintraub and a whole host of other angels. But Ethan had left by the time of the acquisition. Nice sweep!
The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. Bird first unveiled the Scoot Moped in October following its acquisition of Scoot. Initially the mopeds were piloted in Los Angeles, according to Bird.
Los Angeles-based j2 Global , the online services and publishing giant, reported on Monday that its Q1 2018 quarterly revenues grew to $280.6 According to j2 Global, it ended the quarter with approximately $400M in cash and investments, after spending around $100M for acquisition and its regular quarterly dividend.
Los Angeles-based private equity investor OpenGate Capital reported Monday that it has acquired two, Latin American information technology system integrators. Both businesses provide Internet Protocol (IP) and Unified Communications (UC) systems integration services across Latin America. Financial details of the buy were not disclosed.
The WSJ, citing "people familiar with the matter" said that Rogers will run both Beats Music and iTunes Radio, now that the acquisition is complete. Rogers is no stranger to runnning the music service of a large, public company: he was previously General Manager of Yahoo! beats music apple merger acquisition rogers' READ MORE>>.
Los Angeles-based JibJab , the online greeting card company led by Evan and Gregg Spiridellis, has acquired Make Believe Studios , which runs a service called Hello Santa , which lets kids have live video calls with Santa Claus. jibjab merger acquisition makebelieve santa claus video calls greeting card' READ MORE>>.
Los Angeles-based Century Park Capital Partners , a private equity investor focused on family businesses, owner-operated companies and corporate divestitures, said on Monday afternoon that it has completed a majority recapitalization of Florida-based software and IT services company MCCi. MCCi is headquartered in Tallahassee, Florida.
The parent company of Culver City-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering. mediatemple godaddy merger acquisition exit banker investment hosting domain' READ MORE>>.
On demand, laundry service Rinse disclosed today that it has acquired the assets of now defunct, on-demand laundry competitor Washio. Financial terms of the acquisition were not disclosed. Washio had also provided its services in Los Angeles, in addition to Boston, Chicago, San Francisco, Oakland, New York, and Washington DC.
Lovell Minnick Partners , a private equity investor which has one of its offices in Los Angeles, has acquired a majority of SRS Acquiom , a provider of technology-enabled services for the mergers and acquisition (M&A) market. Financial details of the acquisition were not announced. READ MORE>>.
Los Angeles-based commercial real estate services giant CBRE Group announced this morning that it has acquired UK-based Romonet Limited , a provider of software, technology, and consulting services for the large global data center market. Financial details of the acquisition were not announced. READ MORE>>.
Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners.
Los Angeles-based consulting giant AECOM said this morning that it plans to spin off its government services business, in a deal that it expects will be complete in the second half of fiscal 2020.
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