Friday, February 14, 2014Permira Completes $200M LegalZoom BuyThe deal by private equity firm Permira to acquire the majority stake in Glendale-based egalZoom is now complete, according to Permira. Permira said Friday afternoon that it successfully completed its acquisition of more than $200M of the outstanding equity of LegalZoom, giving it a majority stake of the legal document and services company. Permira said it is now LegalZoom's largest shareholder, and will apoint a majority of the company's board. Permira said that prior investors Institutional Ve (More info...)
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Jukin Media Names Essner President, COOLos Angeles-based Jukin Media, a company which says it discovers, acquires, and distributes viral videos, has tapped technology veteran Lee Essner as the company's new President and Chief Operating Officer. Essner was previously the founder of AccessDNA, which he sold to Informed Medical Decisions a couple of years ago. He also was the COO of WeddingChannel.com, and has been an advisor to PageWoo, FanAppz and Capsule, and also was EIR at Idealab. Jukin Media says it acquired rights to viral Inte (More info...)
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Rustic Canyon Backs UrbanSitter In New FundingLos Angeles-based venture capital investor Rustic Canyon Partners is one of the return backers of online babysitting marketplace UrbanSitter, participating in UrbanSitter's new $15M Series B funding. UrbanSitter said the new funding round was led by DBL Investors, and also included Match Group, Aspect Ventures, Canaan Partners, First Round Capital, Menlo Ventures, in addition to Rustic Canyon Partners. Rustic Canyon was one of the first investors in UrbanSitter back in 2012. UrbanSitter is based (More info...)
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DogVacay Looks To Staff UpLos Angeles-based online dog sitting marketplace DogVacay appears to be in growth mode, based on a recent notice the company sent out to its blog. According to DogVacay--which already has more than 50 employees--it is hiring customer service representatives for the startup, looking for technologically proficient dog lovers to help with its customer service team. DogVacay operates an online marketplace which helps connects dog owners with vetted dog sitters, offering up reviews of those sitters, (More info...)
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MicroPower Links With Access Control Systems FirmSan Diego-based MicroPower Technologies, the developer of wireless, solar-powered surveillance products, said this week that it has linked with access control systems developer Lenel Systems International. According to MicroPower, it has received factory certification for Lenel, which makes access control systems. Lenel is part of United Technologies Corp. MicroPower said its Helios surveillance products now directly interface with Lenel's access control systems. MicroPower's video surveillance (More info...)
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