SnackNation buys Love With Food
SnackNation, a B2B snack membership service that provides healthy treats for workplaces, recently announced that it has acquired EdgiLife and its brand Love With Food, a consumer insights and data analytics company. EdgiLife provides data to food and beverage brands, and the acquisition expands SnackNation’s customer base. In addition, Aihui Ong was named senior vice president of data and insights at SnackNation. [Press release]
InvolveSoft secures $2.5M for its employee volunteering platform
Santa Monica-based InvolveSoft has raised $2.5 million in a funding round. InvolveSoft develops software to help employees volunteer and engage in their local communities. The funding round was led by Bonfire Ventures. Greycroft, Bertelsmann, Launch Capital, CrowdSmart and Noname Ventures also participated. The fresh funds will be used to build on its SaaS application technology, expand sales channels and grow its volunteer event content. [Press release]
UST Global raised $250M in funding
Global IT and digital services UST Global announced recently that it has raised $250 million. The funds were provided by Temasek, the state investment firm of Singapore. UST Global provides data analytics, cloud consulting, product engineering, automation and cybersecurity solutions to multinational corporations. [socaltech]
Tinder’s parent company launches dating app Crown
The Match Group, the parent company of a collection of dating sites and apps including Tinder, has officially launched a new app called Crown. Crown is an online dating app and game that presents users with 16 curated matches and allows them to choose between two at a time on loop until they reach four final matches. Like the name suggests, the winners get crowned. The app was created as a response to what dating app users consider “swipe fatigue” and already has several thousand users, according to reports from TechCrunch. [TechCrunch]
CUJO AI receives an honor from World Economic Forum
CUJO AI, an artificial intelligence-powered software platform for network operators, is in the running as a candidate for the World Economic Forum’s “technology pioneers.” The nominees are startups involved in creating new technologies and innovations that World Economic Forum thinks will have an impact on business and society. El Segundo-based CUJO AI provides AI security, advanced device identification, digital parenting and network analytics. [Press release]
OpenX opens Southeast Asia Hub in Singapore
Advertising technology provider OpenX announced that the company is expanding to Southeast Asia with an office opening in Singapore. The Singapore office will serve as a regional hub for OpenX during this time of continued international growth. “Digital media, and in particular mobile advertising, has created a massive opportunity for advertisers, publishers and technology companies in Southeast Asia,” Jason Fairchild, co-founder of OpenX, said in recent statement. OpenX currently has an office in Japan. [OpenX]
