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Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine said it has hired David Downing, most recently the Chief Marketing Officer of NetSuite, as its first CMO. The company is backed by private equity firm SilverLake.
Los Angeles-based Payvia , which is backed by SilverLake Sumeru, said today that it has rebranded the company and refocused the company on SMS and MMS marketing. The shift comes about ten months after the acquisition of SMS and MMS marketing company Mogreet by Payvia. READ MORE>>.
Los Angeles-based Payvia , which is developing mobile payment technology, and Mobile-XL , which develops software for providing access to digital services to people in Africa and India, are in a partnership, the companies said this morning. Mobile-XL''s services are offered in conjunction with Orange, MTN, Vodafone, Etisalat, Idea and Airtel.
Los Angeles-based mobile carrier billing service Payvia has acquired fellow Los Angeles firm Mogreet , the two companies said this morning. According to payvia, the deal will allow it to offer a solution which includes mobile payments, user targeting and mobile marketing. Financial details of the acquisition were not announced.
Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. SilverLake Sumeru is looking to sell around 6.1M
Los Angeles-based mobile messaging and marketing firm Outspoken , which is led by James Citron, said this morning that it is now supporting Apple''s Passbook application with its mobile marketing platform. marketing ticketing tickets application passbook apple outspoken' READ MORE>>.
Los Angeles-based Mobile Messenger , the mobile marketing firm majority owned by SilverLake Partners, said earlier this week that it has named Larry Robiner as its VP of CRM Channel Sales. Robiner joins the firm from Epsilon, where he was VP of Business Development.
Los Angeles-based influencer marketing company CreatorIQ announced this morning that it it has acquired Tribe Dynamics, a developer of marketing analytics software. The company recently raised $40M in funding from such investors as TVC Capital, Kayne Partners Fund, Affinity Group, Unilever Ventures and SilverLake Waterman.
Los Angeles-based influencer marketing startup CreatorIQ has raised $40M more in funding, according to the company. The startup offers up brands ability to reach out to influencer and measure the impact of those marketing efforts; the company says its customers include such brands as AB InBev, Disney, Sephora and Unilever.
” Genies last earned a $1 billion valuation from heavy-hitting tech investors including SilverLake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April.
GoDaddy , the parent of Los Angeles-based website hosting service MediaTemple , said in a regulatory filing late Tuesday that is has selected the NYSE for its IPO. GoDaddy is backed by KKR, SilverLake, and Technology Crossover Ventures. GoDaddy said that it hopes to trade under the ticker symbol GDDY. READ MORE>>.
Los Angeles-based financial automation software develper BlackLine continues to see its revenues grow, saying Thursday that its 2014, year-over-year revenues were up more than 50 percent. The company receive more than $200M in private equity funding from SilverLake Partners a few years ago. READ MORE>>.
Internally, we look very similar to a tech company, in that we have a development team, go-to-market team, and product people, and the ultimate goal of what we want to accomplish is to create companies that can run independently, with their own management teams. That''s why creative people seek out Los Angeles.
Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. It's now an internationally recognized showcase for technology here in Los Angeles, and we also get to showcase Southern California companies, as well. That will cause a real boom in M&A.
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