January 23, 2014

Room 214 acquires social network firm

BOULDER – Digital-marketing agency Room 214 of Boulder has acquired a majority interest in SocialEngine, an online social network company in Los Angeles.

Financial terms of the deal were not disclosed.

SocialEngine, a graduate of TechStars in 2011, will maintain its name, but move its headquarters to Boulder. It will be housed in Room 214’s offices in Boulder.

Room 214’s co-founders Jason Cormier and James Clark will serve as co-presidents of SocialEngine. A full-time software developer will move from LA to Boulder.

SocialEngine’s three previous co-owners will maintain a minority ownership sate in the company and will remain in Los Angeles.

SocialEngine plans to hire…

Categories:
Sign up for BizWest Daily Alerts
Closing in 8 seconds...