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StudioCity-based private equity firm Criterion Capital Partners is the buyer of AOL's distressed Bebo social networking site, AOL confirmed today, after widespread reports that AOL would be selling the firm. The deal is reportedly worth less than $10M, and comes only two years after AOL paid $850M for Bebo.
StudioCity-based FilmTrack , which develops software-as-a-service for managing rights and content management for the film, video, and television industry, has raised $20M in a funding round. The round came from Insight Venture Partners. According to FilmTrack, the new funding will go towards growth of the company.
StudioCity-based Seechangehealth has raised a $15.0M funding round, from Psilos Group and Maverick Capital for its health plans and technology geared around preventative care. The Series C investment was actually disclosed in January, but had not been widely covered.
Online movie information site IMDb --which is owned by Amazon.com--said Thursday that it is launching its very own, weekly show, which will be produced and filmed in StudioCity.
San Diego-based Advanced Telemetry , a developer of smart energy management systems for the residential and light commercial market, reported Tuesday that it has been selected for the ZENERGY House, a demonstration net-zero-energy remodeling project in StudioCity. Financial impact of the win was not disclosed.
StudioCity-based FilmTrack , which develops software used for rights management in the media and entertainment industry, has raised $5.5M in a Series C funding round. The funding came from Insight Venture Partners. FilmTrack says it has now raised over $40M in total funding.
HubHaus--which shows locations right now in StudioCity, Sherman Oaks, Glendale, and Pasadena--matches up applicants for its houses with others with similar professions and personal interests. The company currently offers up its service only in San Francisco and Los Angeles. The funding was led by General Catalyst Partners.
StudioCity-based FilmTrack , which develops rights and content management software for the entertainment industry, has raised $10M in a debt funding round, the company said this week. The funding comes fom Wellington Financial and Silicon Valley Bank.
StudioCity-based AdRev , the digital rights management startup that also operates AudioMicro , has been acquired by Zealot Networks , according to AdRev founder Ryan Born. Financial terms of the acquisition were not announced. Zealot Networks already owned a majority of AdRev, having acquired that stake in 2014 for $20M.
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