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Southern California Startups Raise $761.12M in Q2 2014

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The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Image courtesy Bigstock. READ MORE>>.

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Internet Brands Acquired For $640M

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El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. Tags: internet brands merger acquisition private equity advertising. The price is a premium of approximately 46.5

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Dedicated Media Gets $5M In Credit Facility

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El Segundo-based Dedicated Media , a provider of targeted online advertising, media services and lead generation technology, said Tuesday that it has secured $5M in a credit facility, from Wells Fargo's Technology and Venture Banking Group. The firm said the facility will go towards working capital and funding expansion.

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Zadspace Raises $3.2M

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El Segundo-based Zadspace , the developer of on-package advertising products, announced this week that it has raised $3.2M The round came from Connecticut Innovation and DFJ Frontier, along with Crosscut Ventures, LaunchCapital, Cava Capital Ventures and The Gideon Hixon Fund. in a funding round.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

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James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Tim Cadogan , OpenX (Pasadena, advertising). Asher Delug , Airpush (Los Angeles, advertising). Adam Goldenberg , Intelligent Beauty/JustFab (El Segundo, fashion). Jason Lehmbeck , Datapop (Los Angeles, advertising).

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Vantage Media Backers Disclosed For BrokersWeb Deal

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El Segundo-based Vantage Media , the provider of performance marketing and online advertising services, was backed by BIA Digital Partners II LP, a private equity investment firm, as part of its acquisition of BrokersWeb , BIA announced Thursday. BIA said that Patriot Capital II, L.P., also participated in the financing.

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Ripple TV Acquired By TargetCast

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El Segundo-based Ripple has been acquired by TargetCast Networks, a San Ramon-based operator of a out-of-home digital advertising network. According to TargetCast Networks, the buy gives it 1400 locations and 3425 screens delivering local and national advertisements. Financial terms of the buy were not disclosed.