SAN FERNANDO VALLEY
Linked Up: Ixia, a Calabasas distributor of network testing devices, has completed its acquisition of BreakingPoint Systems Inc., an Austin, Texas, cybersecurity business. Financial terms of the deal, which was announced in July, was not disclosed.
DOWNTOWN LOS ANGELES
In Fashion: Nasty Gal, a downtown L.A.-based online retailer of women’s clothing, has reported $40 million in series B funding from its only investor, Index Ventures, a Geneva, Switzerland-based venture capital firm. The money will go to expanding Nasty Gal’s operations.
Industrial Deal: 1875 22nd St. LLC has purchased an industrial property southeast of downtown Los Angeles for $4.6 million from O’Rourke & Sullivan LLC. The 51,149-square-foot industrial building, at 1875 E. 22nd St., sits on a 1.65-acre parcel. The buyer will operate its garment business at the property.
New Headquarters: Window Tints Everything Inc., a commercial and residential window tinter, has moved its headquarters from Los Angeles to Glendale. The company is now at 6058 San Fernando Road; its office was previously at 661 Imperial St. near downtown Los Angeles.
Plugged In: NuvoTV, an English-language cable channel based in Glendale that targets U.S. Latinos, has scored $40 million in financing to go toward expanding its original programming. Investors include Santa Monica’s Tennenbaum Capital Partners; Columbia Capital in Alexandria, Va.; and New York firms Rho Capital Partners and Veronis Suhler Stevenson.
Winning Lottery: FutureLogic Inc., a Glendale printing services company, has announced that it has been named the supplier for three more Canadian video lottery jurisdictions. The selection means the company’s thermal ticket printers will now be installed in more than 87 percent of the video lottery terminals in Canada. Financial terms of the deal were not disclosed.
WEST LOS ANGELES
Joint Agreement: Falcon Waterfree Technologies LLC, a West L.A. maker of waterless urinals, has reached a deal to develop and distribute products with Corona Colceramica, a Bogota, Colombia, maker of sanitary ceramic products. Corona will increase its product portfolio to include several waterless urinal models. Corona Colceramica is a subsidiary of Bogota’s Organizacion Corona S.A.
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