Los Angeles Business Journal

LA TECHNOLOGY

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On Move

Boingo Wireless Chief Executive David Hagan has real connection with racing vintage cars.Interview: Boingo Wireless’ David Hagan likes to disconnect from running mobile networks by racing cars.

By Omar Shamout September 8, 2014 midnight   Share

AssetAvenue Secures $3 Million Seed Money

AssetAvenue, an online commercial real estate lending platform, has raised $3 million in seed funding.

DTS Acquires Manzanita Systems

Audio technology company DTS Inc. is acquiring Manzanita Systems, a Poway software developer for digital television, video-on-demand and other platforms.

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L.A. Launch List: Sept. 12

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches.

Conversant Acquired for $2.3 Billion

The ad tech firm Conversant Inc. has agreed to be acquired for $2.3 billion in cash and stock. The Westlake Village company formerly known as ValueClick is to be bought by Alliance Data Systems Corp., a data marketing service provider in Plano, Texas.

Deluxe Buys Cloud Service Mediapeers

Deluxe Entertainment Services Group Inc. has acquired German business-to-business cloud service provider Mediapeers for an undisclosed amount.

CU Wallet Gets Investment

CU Wallet, a mobile payments tech provider, has received an investment from one of the largest credit unions in the country, Security Service Federal Credit Union in San Antonio.

Ticketmaster Acquires Eventjoy

Ticketmaster, a division of Live Nation Entertainment, has acquired mobile ticketing platform Eventjoy.

Cross Campus Old Pasadena Open for Tour

Cross Campus, a Santa Monica co-working space for tech entrepreneurs, is giving a first look at its second location in Old Pasadena.

Tinder CEO Denies Funding Rumors

Tinder Chief Executive Sean Rad shot down reports that the dating app is in talks with VC firm Benchmark to raise a round that would value the company at $750 million.

Tinder Co-Founder Resigns, but CEO to Stay On

Tinder co-founder and Chief Marketing Officer Justin Mateen has resigned after a sex harassment suit filed against him and the company was settled Monday, a person close to the company confirmed. Co-founder Sean Rad, who was also named in the complaint, will retain his role as chief executive.

Culver City Hopes for Fiber Internet

The city council in Culver City is preparing to consider a city-sponsored proposal to create an ultra-high-speed Internet network in the hopes it will lure tech companies to its resident-friendly streets.

Snapchat Settles Ownership Dispute

Snapchat and co-founders Evan Spiegel and Robert Murphy have settled an ownership dispute with a former Stanford classmate who claimed to be behind the disappearing picture messages the app is known for.

Tinder Settles Sex Harassment Suit

Tinder and its parent company InterActiveCorp has settled a sexual harassment and discrimination lawsuit filed by former exec and co-founder Whitney Wolfe.

Culver City Mayor Talks Tech Development

Mayor Meghan Sahli-Wells has big hopes for Culver City to become more than just a one-business town – but not at the cost of its family-friendly, tree-lined streets.

Idealab Founder Launches IdeaMarket

Bill Gross, founder and chairman of Pasadena tech incubator Idealab, announced Monday a new company dedicated to matching ideas with investors and entrepreneurs.