Remove 2009 Remove Equity Remove GRP Partners Remove Invest
article thumbnail

GRP Targets $250M In New Fund, GRP IV

socalTECH

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., GRP last closed on a fund--GRP III, L.P.--in GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others. GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others.

Gogii 162
article thumbnail

Zag Raises $11.1M More

socalTECH

in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. Zag said in March that it had sold 100,000 cars, and has been profitable since August of 2009.

Zag 154
Insiders

Sign Up for our Newsletter

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

article thumbnail

Want to Start a Technology Company in LA?

Both Sides of the Table

First, I’d like to quote (paraphrase) Brad Feld speaking at Twiistup in LA in 2009, “I keep hearing people in LA talking with a chip on their shoulders about building a tech business here relative to Silicon Valley. LA generally doesn’t have an appetite for this kind of investment at early stages.

Company 290
article thumbnail

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Closing a VC fund in 2009/10 is a major achievement in and of itself. Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010.

article thumbnail

Interview with Sam Teller, LaunchpadLA

socalTECH

We were founded in 2009 by Mark Suster from GRP Partners. For two years, it was a mentorship program, that worked with twenty three different companies, but did not have a fund, did not have an office, and didn't take any equity. We're not investing in ideas and trying to turn them into companies.

Class 261
article thumbnail

Interview: Venture Capitalists On Pitching

socalTECH

We brought together Peter Cowen of Groundwork Equity , Mark Suster of GRP Partners , Rick Smith of Crosscut Ventures , and Richard Yen of Saban Ventures -- all of who will be on the judging panel for the Tech Coast Angel's Fast Pitch on February 24th, to give us a their hints and tips about pitching to venture capitalists.