article thumbnail

2U Raises $120M In IPO

socalTECH

2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2

Redpoint 166
article thumbnail

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

Layoffs 159
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

socalTECH

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Locally, San Diego led the region in terms of venture deals for the quarter, with $300M invested, followed by Los Angeles, with $239.1M billion invested across 2,795 deals during the year nationally. in investments. Orange County saw $48.7M

article thumbnail

Tinder Buys Chill, The Maker Of Tappy

socalTECH

Los Angeles-based dating app developer Tinder has acquired Chill , the maker of Tappy, a Snapchat-like instant messaging service which revolves around photo sharing. back in 2009. back in 2009. Financial terms of the buy were not disclosed. As part of the buy, Tappy will shut down. READ MORE>>.

Redpoint 100
article thumbnail

VC Invest $587M In SoCal In Q4, But National Investments Drop 37 Percent In 2009

socalTECH

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Locally, San Diego led the region in terms of venture deals for the quarter, with $300M invested, followed by Los Angeles, with $239.1M billion invested across 2,795 deals during the year nationally. in investments. Orange County saw $48.7M

article thumbnail

Clicker Acquired By CBS Interactive

socalTECH

Los Angeles-based Clicker.com , the provider of a guide to online video, has been acquired by CBS Interactive , the firms said Friday. The acquisition is a quick one for Clicker, which only launched public access to its site in November of 2009. Financial terms of the deal were not disclosed. READ MORE>>.

Redpoint 140
article thumbnail

Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA. in Q1, up from $588.033M tallied by the report in Q4 of 2009, and up significantly from the $320.2M received in the region in Q1 of 2009. across 31 days.