A weekly roundup of must-read L.A. tech investments and acquisitions.


$61.2 million

Type: Equity

Location: Santa Monica

Investors: Kleiner Perkins Caufield & Byers and Richard Branson

Description: Ring’s doorbell video camera, speakers and microphone can be accessed using a mobile app. The investment funds will be used for international expansion into Europe, Australia, New Zealand, South America and South Africa, as well as additional research and development efforts. Chief Executive Jamie Siminoff declined to explicitly disclose Ring’s valuation in this latest round, but he said the reported valuation of about $200 million was close. Ring is planning an initial public offering of its shares by the end of 2017, he added.


$13 million

Type: Equity

Location: Santa Monica

Investors: 33 undisclosed investors

Description: Beutycounter is an online retailer of skin care and cosmetics products, such as women’s makeup, soap and lotion. The company claims its products are non-toxic and eco-friendly. It raised a $21.3 million round from a group of investors including San Francisco’s TPG Growth in 2014. This latest funding round brings its investment total to nearly $42 million since it launched in 2013.



Type: Acquisition

Location: Chicago

Buyer: Fullscreen Inc.

Description: Chicago’s StageBloc, now renamed Fullscreen Direct, helps musicians build websites and apps to sell items to their fans. The company’s technology also helps musicians analyze their fan bases, plan tour stops, track ticket and merchandise sales and facilitate email marketing campaigns. Fullscreen is hoping StageBloc’s technology can help increase fan engagement as well as ticket and product sales for musicians partnered with Fullscreen, an online media company in Playa Vista.

Technology reporter Garrett Reim can be reached at greim@labusinessjournal.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.

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