Thursday, August 25, 2011Electro Rent Closes Equipment Management Technology BuyVan Nuys-based Electro Rent Corporation, a provider of rental, leasing, and sales of electronic test equipment, said Thursday that it has completed its acquisition of Equipment Management Technology. The deal was worth $10.7M. Electro Rent had originally announced the buy on August 12th.
posted on Thursday, August 25, 2011(Full story)
Ticketmaster Maps Friends Through FacebookLos Angeles-based Ticketmaster, the ticketing firm owned by Live Nation, said this week that it has launched a new app which shows ticket buyers where their friends are sitting, via Facebook. Ticketmaster said its new interactive< seat maps allow fans to share event plans and the seats they have, so that their friends on Facebook can see where they are sitting at different events.
posted on Thursday, August 25, 2011(Full story)
SAIL Portfolio Firm Makes AcquisitionA portfolio company of Irvine-based venture capital firm SAIL Venture Partners, SNTech, has made an acquisition, SNTech announced earlier this week. SNTech--which has quietly been backed by SAIL since at least 2009--said it acquired the $23.4M, electric motor product line from Regal Beloit Corporation (RBC), as part of an arrangement with the U.S. Department of Justice. Terms of the acquisition were not disclosed. RBC is selling the unit to clear the way for its own, acquisition of another elect (More info...)
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Interview with Lars Helgeson, GreenRopeHow did an email marketing provider turn into a provider of software which mashes up a combination of email marketing, wiki, customer service management, event and meeting management tool, project management software, and much more? San Diego-based GreenRope (www.greenrope.com) is just that, and to figure out how it got to where it is, we spoke with Lars Helgeson, the firm's CEO, about what exactly GreenRope provides, how it grew out of email marketing, and where it is going.
What is GreenRop (More info...)
posted on Thursday, August 25, 2011(Full story)
GoodThreads Combines T-Shirts, CausesLooking to help nonprofits, Los Angeles-based GoodThreads said today that it has launched a new service which helps integrate the creation of customized T-shirts, hats, bags, and other merchandise into charity activities and events. The new service allows nonprofits to offer up personalized t-shirts and other products to supporters, as part of fundraising and other event registrations. Headed up by Brandon Hance, the founder and CEO of LA music and band promotions site Audiolife, GoodThreads was (More info...)
posted on Thursday, August 25, 2011(Full story)
Spotlight Sees Growth At New HQSpotlight, the venture backed provider of software-as-a-service for managing sports and entertainment tickets, said this week that it has moved from Woodland Hills to Calabasas, in expectation of growth in its staffing. The firm--which recently raised $2.5M from Point Judith Capital--said its new space is more than 60 percent larger than its previous headquarters. The firm is in a 3,365 square foot office in Calabasas. The firm did not say how many employees it is looking to hire. Spotlight's so (More info...)
posted on Thursday, August 25, 2011(Full story)
Funny or Die Partners With KloutLos Angeles-based Funny Or Die, the online comedy video site, and social media influence site Klout said Wednesday that they are in a strategic partnership. According to the two, Funny or Die has become the exclusive comedy publisher offering Klout Perks awards. Klout offers up special awards, access to events, special services, and more to people based on their "social media influence". The two said that they will work together with brand advertisers to produce custom campaigns targeted at infl (More info...)
posted on Thursday, August 25, 2011(Full story)
SheKnows Partners With Grocery Coupon NetworkLos Angeles-based SheKnows, the women's advice and information site, has partnered with grocery store coupon site Grocery Coupon Network, the two said Wednesday. According to the firms, SheKnows will provide the Grocery Coupon Network with special offers from local na dnational brands. Financial details of the partnership were not disclosed. Grocery Coupon Network becomes part of SheKnow's Food & Cooking Channel.
posted on Thursday, August 25, 2011(Full story)