Silicon Beach Report July 18: Rubicon Project Buys nToggle for $38.5 Million
Rubicon Project buys nToggle for $38.5 million, artificial intelligence startup Oben raises $5 million and Snap Inc. begins selling Spectacles on Amazon.
Rubicon Project Buys nToggle for $38.5 Million
Online advertising marketplace Rubicon Project announced Tuesday that it had acquired nToggle Inc. for $38.5 million, reports the Business Journal. The Boston company develops software to help ad buyers manage multiple ad exchange and data exchange accounts through one interface.
Artificial Intelligence Startup Oben Raises $5 Million
Artificial intelligence startup Oben raised a $5 million round led by Tencent Holdings, reports The Hollywood Reporter. The startup’s app allows users to create personal 3-D avatars from selfie photos on their smartphones.
Snap Inc. Begins Selling Spectacles on Amazon
Snap Inc. has started selling its video-camera equipped Spectacles on Amazon.com, reports The Verge. All three colors are available for $129.99 and are eligible for next-day delivery. The Spectacles are sold directly by Snap and fulfilled by Amazon.
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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