Snap sets share prices
It's finally happening. Snap is set to hit the New York Stock Exchange today, but the price of each stock was revealed to the world yesterday. Initially thought to go for between $14-$16, Snap revealed shares would cost $17 per share. However, when trading started this morning, shares started trading for $24 a share. Despite recording financial losses, the IPO will be the biggest U.S. IPO since 2014. [MarketWatch]
Amobee makes big acquisition
Amobee announced earlier this week that the marketing tech powerhouse had made a big time acquisition, acquiring global tech platform Turn for $310 million. The startups foresees the acquisition will expand Amobee's existing programmatic and data management capabilities. [Press Release]
Blurr relocates to LA
Blurr, a social app that lets users take and share photographs with those around them, decided LA was the place to be. Founded in Boston, the startup recently relocated thanks to all the big things going on in the LA startup scene. Now headquartered in Playa Vista, the team certainly won't miss the cold. [Built In LA]
Alteryx goes public
In another big win for the City of Irvine, data analytics giant Alteryx announced this week it had filed for an IPO on the New York Stock Exchange. In the filing, the company is looking to raise $75 million. [OC Register]
Shareability adds big name as partner and Chief Revenue Officer
Viral content studio Shareability announced this week the addition of an LA tech veteran: MomentFeed founder and former CEO Rob Reed. He will oversee sales and marketing and support the company’s accelerated expansion. [Shareability]
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