Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

socalTECH

APRIL 8, 2019

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Rock Solid is owned by private equity investor Strattam Capital. CitySourced was founded in 2009, and is led by CEO Jason Kiesel.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

JANUARY 22, 2010

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7

Southern California 154

Southern California Venture Capital Invest Orange County 154

SoCal Tech Calendar

SEPTEMBER 4, 2009

Thursday, September 10, 2009 -- CONNECT Software, Cyber and Web 3.0 CONNECT will showcase the top five IT companies in the region at the inaugural Software, Cyber and Web 3.0 Venture Roundtable to an exclusive audience of capital providers. sensor and nanotechnologies, and other software specialties.

Web 100

Web Software Mobile Entrepreneur 100

socalTECH

APRIL 29, 2015

Westlake Village-based Seven Lakes Technologies , a developer of enterprise software for the oil and gas industry, raised $20M in a Series A funding round earlier this year. The funding came from Carrick Capital Partners. The company was founded in 2009, and is led by Shiva Rajagopalan. READ MORE>>.

Westlake Village 100

Westlake Village Technology Software Funding 100

socalTECH

MARCH 19, 2013

San Diego-based private equity investor JMI Equity has put more capital into AppNeta , a Boston-based provider of cloud-based, IT performance management software. AppNeta said it raised $16M in a SERies C, which was led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity and Business Development Bank of Canada.

Equity 138

Equity San Diego Capital Software 138

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

JANUARY 22, 2010

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7

Southern California 113

Southern California Invest Venture Capital Orange County 113

socalTECH

JULY 15, 2015

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? Dave Terry: It's just part of our heritage.

Software 100

Software Report Startup IBM 100

SoCal CTO

MARCH 20, 2007

Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be. Technology Jobs in Southern California – a Rebound. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Venture Capital 150

Venture Capital Guide CTO Coach Southern California 150

socalTECH

SEPTEMBER 29, 2010

Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. Cornerstone OnDemand--which is headed by Adam Miller--is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. for 2009, and has seen revenues grow to $20.28M in the first six months of 2010.

Cornerstone OnDemand 208

Cornerstone OnDemand Southern California Santa Monica SaaS 208

socalTECH

NOVEMBER 10, 2011

Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Clearstone was involved in Apture's Series A in March of 2009. Apture announced the acquisition on its website Thursday, but did not disclose any financial details of the buy.

Clearstone 160

Clearstone Santa Monica Google Venture Capital 160

Both Sides of the Table

MAY 24, 2021

This is true in consumer but it’s also true in enterprise software. Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

SEPTEMBER 15, 2010

San Diego-based Grid2Home , a developer of energy management software, said today that it has raised a seed round of funding. Grid2Home develops communications software used for communicating with smart meters, appliances, and electric vehicles across wired, wireless, and power line communications protocols. in October of 2009.

Seed Funding 124

Seed Funding Funding San Diego Venture Capital 124

Startup Professionals Musings

OCTOBER 19, 2010

Despite the third-quarter funding drop, though, funding for the full year still looks to be higher than it was in 2009. billion invested during the same three-month period in 2009, according to the National Venture Capital Association (NVCA). These include chips, computers, software, telecom, and the Internet.

Venture Capital 90

Venture Capital Capital Startup Summary 90

SoCal CTO

MARCH 13, 2007

skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. Good stuff. Posted byTony Karrer at 6:58 AM 1 comments: Jon Miller said.

CTO Coach 150

CTO Coach Southern California CTO Hire Software 150

socalTECH

JUNE 2, 2011

The Investment Group of Santa Barbara , a venture capital investment group based in Santa Barbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash , Mindflash said today. Mindflash, which is based in Palo Alto, offers a site which helps companies create online training courses.

Santa Barbara 145

Santa Barbara Training Venture Capital Invest 145

socalTECH

JANUARY 11, 2010

Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. The company offers both an on-premise version of its software, PBXtra, as well as a newer, cloud-based, hosted offering called UNBOUND.

Culver City 145

Culver City Draper IP Sales 145

socalTECH

MAY 12, 2010

Santa Barbara-based Mindflash.com , a provider of online training software for small businesses, said today that it has named Donna Wells as its new President and CEO. Wells was CMO at Mint.com until its acquisition by Intuit in 2009; she has also served at Expedia as Senior Vice President of U.S. READ MORE>>.

Santa Barbara 145

Santa Barbara Training SaaS Venture Capital 145

socalTECH

MAY 18, 2010

Cyberplex said that Tsavo had 2009 revenues of approximately $110M and EBITDA of approximately $16.7M, and was generating over 30 million unique visitors per month. Tsavo was backed by American Capital. Tags: tsavo media merger acquisition content publishing software. READ MORE>>.

Tsavo 154

Tsavo Media Userplane Content 154

socalTECH

JULY 12, 2012

Callwave, which started in 1998, gained venture funding, went public in an IPO in 2004, went private, and then switched its business model to online meeting and collaboration software, renamed itself to FuzeBox back in 2009 and moving its headquarters to San Francisco.

Santa Barbara 133

Santa Barbara Funding Capital Startup 133

socalTECH

AUGUST 9, 2011

San Diego-based ServiceNow , the venture-backed, privately backed developer of IT management software, said today that it has passed $125M in annual revenues, and has opened up a new, San Jose development center. ServiceNow is venture backed by Sequoia Capital. the firm's new San Jose development center will be headed by Moti Eliav.

San Diego 168

San Diego Software Services Capital 168

socalTECH

APRIL 29, 2010

Everbridge claimed in March that it had "record growth" in 2009; the regulatory filing indicates that the firm's annual revenues are actually between $1.0M Tags: everbridge venture capital mass notification calling software telecom. Everbridge has previously raised funding from ABS Ventures. READ MORE>>.

Glendale 140

Glendale Venture Capital Software Capital 140

socalTECH

JUNE 15, 2010

Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M Zag is developing auto buying and configuration software used by groups such as the AAA, USAA, Overstock.com, and other groups to provide their members with pre-negotiated fleet and group rates on new automobiles. READ MORE>>.

Zag 154

Zag GRP Partners Anthem Santa Monica 154

SoCal CTO

JANUARY 5, 2011

First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -

Startup 378

Startup Venture Capital Blogging CTO Coach 378

socalTECH

APRIL 24, 2012

Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware. Financial terms of the acquisition were not disclosed. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. READ MORE>>.

Clearstone 150

Clearstone Santa Monica UCLA Incubator 150

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.

Southern California 196

Southern California Invest Westlake Village SoCal 196

socalTECH

SEPTEMBER 25, 2012

The round was led by Norwest Venture Partners and Sequoia Capital, and also included Qualcomm Ventures, an existing investor in the company. Capillary was one of Qualcom's 2009 finalists for the QPrize; the firm is now based in Singapore, with offices in Palo Alto. in a Series A venture financing round.

Funding 168

Funding San Diego Competition Mobile 168

socalTECH

JANUARY 27, 2010

In conjunction with the board appointment, Passenger said it closed its 2009 fiscal year with 37 percent revenue growth, although it did not release financials. Passenger is venture backed by Shelter Capital Partners, StarVest Partners and Steamboat Ventures. READ MORE>>.

Steamboat Ventures 147

Steamboat Ventures Yahoo eHarmony Acquisition 147

socalTECH

SEPTEMBER 16, 2009

Six Southern California firms have made Forbes.com's list of 20 of "America's Most Promising Companies 2009", which was released Wednesday. The firms were ranked by how fundable they are, with the top 20 appearing to have a better shot at raising capital after interviews with Forbes.

Southern California 147

Southern California Sherman Oaks SoCal Demand 147

Both Sides of the Table

SEPTEMBER 28, 2014

There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). But software companies often take longer to scale top-line revenue than retailers so it takes a while to cover your nut.

Startup 383

Startup Company Companies .Net 383

Xconomy

JULY 19, 2017

founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. San Diego’s Brain Corp., SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology.

Artificial Inteligence 75

Artificial Inteligence Incubator Funding Invest 75

Xconomy

JUNE 2, 2016

After a painful restructuring earlier this year, Berkeley, CA-based 3D Robotics appears to be raising additional capital. CEO Chris Anderson, the author and former Wired magazine editor who co-founded 3D Robotics in 2009, did not respond to an e-mail query about the financing yesterday afternoon. Reprints | Share:

San Diego 71

San Diego Capital Funding Startup 71

socalTECH

APRIL 5, 2017

And, even more impressively, it's now seeing more than $100M in annual revenues--without ever having taken any institutional or venture capital. We spoke with CEO Bryan Cheung to learn more about LifeRay, and how it grew from a church basement and open source to $100M+ in revenues, without ever taking outside capital. What is LifeRay?

Diamond Bar 169

Diamond Bar Customer Custom Organization 169

socalTECH

SEPTEMBER 24, 2008

Los Angeles-based magnify360, a provider of software for personalizing and optimizing web content, has scored a win with virtual world provider ICYou. The firms said that the virtual world is set for launch in winter of 2009. The firms said that the virtual world is set for launch in winter of 2009. READ MORE>>

Content 100

Content Web Los Angeles Software 100

Xconomy

NOVEMBER 21, 2016

IPO activity at a sluggish pace—so sluggish, in fact, that this year could end with the fewest IPOs and the lowest level of capital raised since 2009, according to PitchBook data for the first nine months of 2016. The institutional research firm is predicting a surge of IPOs in the weeks and months to come.

Research 40

Research Activity Capital Funding 40

Both Sides of the Table

SEPTEMBER 12, 2013

It was a software platform for allowing advertisers to purchase brand integration (product placements) as a standardized unit through a marketplace. As more consumers were skipping commercials the idea of authentically integrating brands into media seemed obvious to me and ended up informing a lot of my investments in 2009 and 2010.

Invest 340

Invest Venture Capital Startup News 340