Series C: Whisper, a Santa Monica maker of a mobile app that lets users share content anonymously, raised $36 million in Series C funding from new investors including Tencent, Shasta Ventures and Thrive Capital, who were joined by existing backers Sequoia Capital and Lightspeed Venture Partners. The company has announced $60 million in funding thus far, including $21 million in a September Series B round.
Going Public: Kite Pharma Inc., a Santa Monica developer of cancer treatment products, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of shares of its common stock. The number of shares to be offered and price range have not yet been determined.
Multifamily Pickup: HFH Ltd. has acquired a Culver City apartment property for $15 million from M West Holdings. The Keswick Court property, at 3902-3920 Lenawee Ave., was built in 1957 and renovated in 2012, and comprises two buildings totaling 64,843 square feet.
Theater Sale: Van Nuys’ Ferncrest International Inc. has sold the historic Beverly Hills Fine Arts Theater for $2.85 million to Beverly Hills philanthropist Paula Kent Meehan. The 9,250-square-foot, single-screen theater, at 8556 Wilshire Blvd., was built in 1936 and served for years as a venue for small Hollywood premieres. Meehan plans to relaunch the venue for live entertainment and cultural performances.
SAN FERNANDO VALLEY
Psyched Up: IPC the Hospitalist Co. Inc., a North Hollywood provider of doctors to hospitals and nursing homes, has acquired RG Psychological Services, a Lynwood, N.Y., doctors group specializing in psychological medicine. RG’s practice covers more than 80 nursing homes and rehab centers in the New York and Albany markets. Financial terms of the deal were not disclosed.
Private Placement: DigiPath Inc., an Agoura Hills company that provides digital equipment for life science research and production facilities, has raised $2.2 million in growth capital from individual investors. The company has raised a total of $8.2 million so far this year in two private-placement rounds. Its stock trades over the counter.
Added Depth: VER, an entertainment industry equipment supply house in Glendale, has acquired Cameron-Pace Group, a Burbank maker of 3-D cameras. Cameron-Pace, will be folded into VER to launch Cineverse, a new brand of cameras and lenses for film production. Financial terms of the deal were not disclosed.
Triple Play: Pasadena’s Jacobs Engineering Group has received a five-year agreement for work at three Belgium facilities of Borealis, a Vienna, Austria, maker of fertilizers and industrial chemicals. Jacobs’ work will include construction management and personnel support services on a variety of projects at the three facilities. Value of the agreement was not disclosed.
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