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Connexity, Headed By Dave Gross, Finds $3M More

socalTECH

Connexity the online advertising startup headed by former Fastclick co-founder Dave Gross, announced this morning that it has raised $3M in a seed funding round. Gross said the funding will go towards sales and technology. As part of the funding, John Greathouse of Rincon Venture Partners has joined the company's board.

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Here are More Signs that LA Tech is Moving to the Next Level

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This was 2005 when I had no exits under my belt, no blogs … nobody was looking. I told David, “Look at the changes we’ve seen in the VC / funding market. The whole movement to seed funds / early investments happened for a reason. Nearly everybody in the DC region had told me, “You must meet Mike.

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Interview with Winston Damarillo, Morphlabs

socalTECH

One of Southern California's successful, serial entrepreneurs is Winston Damarillo , who founded Gluecode, which he sold to IBM in 2005. Earlier this month, his latest startup, El Segundo-based Morphlabs announced it had raised a Series B funding worth $5.5M. Winston, nice speaking with you again. READ MORE>>.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

In about 2005, I started looking at the local market, and realized that there are not lots of enterprise IT companies here, which is Palomar's focus. Like any entrepreneur, we had the idea that there should be local capital, supporting the local ecosystem. in initial seed funding for an early stage company.

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What is the Right Burn Rate at a Startup Company?

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by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. If you have raised a limited amount of money from angels, accelerators or seed funds be very careful about having a high burn rate.

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Retro: My Favorite Blog Post on Raising VC

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I had previously raised VC in 1999, 2000, 2001 and 2005. So far at the company I have raised seed funds of $500,000 of which $470,000 is still in the bank so I’m in pretty good shape. Experienced and serial entrepreneurs in the content management space. Prepare to give your pitch in 30 including Q&A. Folksonomy.

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It’s Morning in Venture Capital

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This has led to the creation of incubators, accelerators and seed funds. The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year.