Thursday, February 21, 2019
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Arrowroot Backs ParkHub In $13M Funding
Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub, in ParkHub's first instituional funding. ParkHub said it raised $13M in a series B funding round, which was led by ArrowRoot Capital, and which will go towards sales and marketing, plus product development. According to the company, the funding is its first institutional funding round. As part of the funding, Arrowroot Capital Partner Kareem El Sawy will (More info...)

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Loop Media Buys ScreenPlay
Burbank-based streaming video startup Loop Media announced on Thursday that it has acquired ScreenPlay, a video service provider which licenses videos for use in such locations as Hard Rock Cafes, Norwegian Cruise Line, Yard House, Buffalo Wild Wings and Margaritaville. Financial details of the cash-and-stock deal were not announced. Loop Media said the deal will provide it with a "deep library" and licensing rights to over 200,000 music videos and film, game, and TV trailers. Loop Media said 30 (More info...)

posted on Thursday, February 21, 2019(Full story)

Clearlake's Perforce Completes Acquisition Of Rogue Wave Software
Software development tools maker Perforce, which is owned by Los Angeles-based private equity investor Clearlake Capital, has completed its acquisition of Rogue Wave Software, another developer of software development tools. Financial terms of the acquisition, which were first announced in January

posted on Thursday, February 21, 2019(Full story)

JMI Equity Leads $35M Investment In Lytics
San Diego-based private equity investor JMI Equity is the lead investor in Lytics, a developer of marketing personalization software, in a $35M, Series C investment announced by Lytics on Thursday. Lytics--which is based in Portland, Oregon--said the funding was led by JMI Equity, and also included existing investors Comcast Ventures, Two Sigma Ventures, Rembrandt Venture Partners and Voyager Capital. The company said the funding will go towards strategic growth initiatives in the product develo (More info...)

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Beyond Meat Adds Celebrity Investors
El Segundo-based Beyond Meat, which develops plant-based burger products, says it has added a long list of celebrities as investors in the company. According to Beyond Meat, its investors now include Kyrie Irving, Shaquille O'Neal, Chris Paul, DeAndre Hopkins, Victor Oladipo, Lindsey Vonn, DeAndre Jordan, JaVale McGee, Harrison Barnes, Malcolm Jenkins, Derrick & Charity Morgan, Alex Honnold, Shaun White, and Luke Walton, in additino to existing investors JJ Redick, Tony Gonzales, Leonardo DiCapr (More info...)

posted on Thursday, February 21, 2019(Full story)

Locked On Podcast Expands Sport Podcasting Episodes
Los Angeles- and Park City, Utah-based Locked On Podcast, which produces local sports podcasts for NBA, NFL, MLB, college, and other sports teams, says it now is producing 450 episodes weekly for its listeners, who are turning to the company for ports fans. According to the company, it is now delivering local professional and college sport podcasts in nearly sixty major metro markets in the US and Canada. The company was founded in June of 2016 by former Seattle Sonics and current Utah Jazz play (More info...)

posted on Thursday, February 21, 2019(Full story)

TaskUs Names Two New Executives
Los Angeles-based customer experience and business process outsourcing provider TaskUs is expanding its executive team, saying this morning that it has named Robert Hayes as its new Chief Delivery Officer (CDO), and Curt Gooden as its new Chief Information Officer (CIO). TaskUs said that Hayes will lead its global client operations, but did not say where Hayes had previously worked, only saying he had lead "large, global teams" within the industry. Hayes' LinkedIn profile shows he was most recen (More info...)

posted on Thursday, February 21, 2019(Full story)

Semtech Wins Mining Equipment Developer
Camarillo-based semiconductor developer Semtech says it has signed up a maker of mining equipment to use its LoRa wireless networking technology. According to Semtech, Transco Industries, a developer of mining conveyer equipment, has implemented its LoRa devices and wireless radio frequency technology into its conveyer belt applications, for safer monitoring of those devices. Financial impact of the win were not announced.

posted on Thursday, February 21, 2019(Full story)

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