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

TechCrunch LA

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.

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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. Of course, there's still hard work to be done to as the bad news is that its hard finding good Web Development in Los Angeles and certainly its tough Finding Developers Here in Los Angeles.

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Fairway Technologies Buys IT Strategists

socalTECH

San Diego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Financial terms of the acquisition were not announced. READ MORE>>.

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Lifeyo Aquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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Lifeyo Acquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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Grindr Seeks Sale, Says Report

socalTECH

Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. READ MORE>>.

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DivShot Acquired By Google

socalTECH

Los Angeles-based Divshot , which had offered up hosting of static web pages for web developers, has been acquired by Google , and will join Gogole's Firebase software development team. Financial terms of the buy were not disclosed.

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