Monday, August 15, 2016Firefly Games Gets $10MLos Angeles- and Shanghai-based Firefly Games, a mobile gaming startup which is porting Asian titles into the U.S., has raised $10M more in funding, the company disclosed last week. The funding came from Skyocean International Holdings, Ceyuan Ventures, and GuangZhou WinHi. Firefly Games is led by Michael Zhang. The funding reportly values the company at $100M.
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Three LA Companies Pursuing Gawker MediaThree, Los Angeles area media companies--Univision, Ziff Davis (a unit of J2 Global) and Penske Media--have all been named as possible bidders on bankrupt, Silicon Valley publication Gawker Media, according to reports today, which say Ziff Davis has submitted a $90M bid for the company. Gawker--which was sent into bankruptcy by an invasion-of-privacy lawsuit by Hulk Hogan, which was funded by Silicon Valley billionaire Peter Thiel--started taking bankruptcy bids this morning. Ziff Davis is part (More info...)
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SpaceX Succesfully Launches, Recovers Another RocketHawthorne-based SpaceX has sent another commercial communications satellite to space, and successfully landed another Falcon 9 first stage on a drone ship on Sunday, adding to the company's growing list of successful missions to space. SpaceX launched its JCSAT-16 mission from Cape Canaveral at 1:26AM EDT on Sunday, August 14th, delivering a commercial communications satellite for SKY Perfect JSAT Corporation, to a Geostationary Transfer Orbit (GTO). The satellite--carrying Ku-band and Ka-Band t (More info...)
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Airpush Adds Device Awareness, Targeting To Mobile AdsLos Angeles-based mobile ad network operator Airpush is adding mobile device targeting and detection to its ad network, in a partnership with ad technology provider Afilias, the two said this morning. According to the two, Airpush is using technology from Alias for device detection and targeting on its advertising network for Android and iOS apps. Financial terms of the deal were not disclosed. Airpush, led by Asher Delug, offers up an mobile ad network made up of over 150,000 apps on Android an (More info...)
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Syncromatics Buys MobilitatLos Angeles-based Syncromatics, a developer of transportation tracking and dispatch software, said this morning that it has acquired Mobilitat, a developer of dispatch and scheduling software for the public transportation market. Financial terms of the acquisition were not disclosed. Mobilitat was based in Wyoming, where it will continue to have offices. Synchromatics is led by Ian Sephton. Mobilitat's system provides an Android-based mobile data terminal (MDT) for dispatching public transporta (More info...)
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Clearlake Capital Sells NetMotion WirelessSanta Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless, a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital acquired NetMotion Wireless back in 2012. NetMotion Wireless develops mobile security software for mobile devices, and was based in Seattle. Clearlake Capital said it expects the sale to complete in the third quarter of 2016. NetMotion was advis (More info...)
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Arena Pharmaceuticals Names Business HeadSan Diego-based Arena Pharmaceuticals announced this morning that it has named Vincent Aurentz as its new Executive Vice President and Chief Business Officer. The developer of small molecule drugs, with potential treatments for ulcerative colitis, Crohn's disease, and pulmonary arterial hypertension, said Aurentz joins from Epirus Biopharmaceuticals, where he was Chief Business Officer. He also has served at HemoShear Therapeutics, Merck KGaA, Quintiles, and Andersen Consulting (now Accenture).
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