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CityGrid Media Buys BuzzLabs

socalTECH

West Hollywood-based CityGrid Media , the unit of IAC formerly known as CitySearch, said today that it has acquired BuzzLabs , a social media monitoring and sentiment analysis software developer. The company explained that it would be integrating BuzzLabs' technology into its platform over the next three to six months.

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Music Platform Stem Secures $10 Million in Funding

L.A. Business Journal

West Hollywood-based Stem Disintermedia Inc. has raised $10 million in a funding round led by Slow Ventures with follow on investment from Santa Monica-based Upfront Ventures and Aspect Ventures.

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Canvassing of Art Website Yields $36 Million Deal

L.A. Business Journal

Israeli web development company Wix said last week that it had purchased popular West Hollywood-based online artist platform DeviantArt for $36 million, including $3 million in assumed debt.

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OroCommerce, Founded by Magento's Founders, Launches Ecommerce Platform

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West Hollywood-based OroCommerce , a new startup founded by Magento's Yoav Kutner and Roy Rubin, said today that it has launched a new e-commerce platform specifically aimed at B2B e-commerce.

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Citysearch Nabs Gorilla Nation's Louvion

socalTECH

West Hollywood-based Citysearch announced today that it has hired on Christophe Louvion--the former CTO of Gorilla Nation Media--as its Chief Technology Officer and Senior Vice President of Core Products. Louvian also previously served at BizRate.com and Shopzilla. READ MORE>>.

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Yammer Bails On Los Angeles, Heading To Silicon Valley

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West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks said that Geni, which spun out Yammer, remains in West Hollywood.

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FabFitFun Debuts Interactive, Live Programming

socalTECH

West Hollywood-based FabFitFun is launching new, interactive, live programming, behind the company's women's lifestyle brand, intended to help showcase its products, including beauty demonstrations, DIY projects, and a gameshow, the company said on Monday. READ MORE>>.