An Aliso Viejo startup that recently inked a $67 million venture funding deal has packed up for Los Angeles.
Amp’d Mobile Inc., which aims to bring music and videos to 18- to 35-year-old cell phone users, moved to Los Angeles earlier this month to be closer to the region’s entertainment hub, founder Peter Adderton said.
Adderton, who founded Irvine-based Boost Mobile LLC in 2000, said he would have liked to keep Amp’d in Orange County.
“When it comes to hiring your young media types, they all live up in Los Angeles,it was hard to get them to commute into Orange County,” said Adderton, who said he will continue to live in Newport Coast.
The company, which has 70 workers and was launched about a year ago, plans to start selling cell phones and service in the winter.
For more on this story, see the Sept. 26 edition of the Business Journal.
