TechCrunch LA

DECEMBER 8, 2020

Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business. The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated.

Sales 282

Sales Demand San Diego Funding 282

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. The company, led by Rick Stollmeyer, says it now has over 33,000 businesses using its service.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

AUGUST 20, 2010

in grant funding, from the Department of Agriculture Rural Utilities Service. The funding comes from the American Reinvestment and Recovery Act of 2009. WildBlue said the funding will go to activate new subscribers on its satellite broadband services.

Funding 124

Funding Activity Media Services 124

socalTECH

FEBRUARY 28, 2013

The privately held firm did not disclose its revenues, however, the firm has previously been reported to have had revenues of between $50-100M in revenues in 2011, and $15-20M in revenues in 2009. The firm provides edge network services to help deliver content from such customers as Twitter, Pinterest, Sony, and Hulu to end users.

Steamboat Ventures 240

Steamboat Ventures Santa Monica Hulu Content 240

socalTECH

OCTOBER 9, 2019

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Talk about the new firm and the new fund? Cleantech had an enormous rise and fall between 20006 and 2009.

Invest 113

Invest Capital Venture Capital Idealab 113

socalTECH

JANUARY 3, 2014

Goldberg was previously Chief Strategy Officer for the company, and has been an advisory board member for the company since it was founded in 2009. Goldberg was previously the CEO of Youbet.com, and also was EVP of Global Music Services at Ticketmaster. Venture Partners and the Checketts Partners Investment Fund.

Ticketmaster 133

Ticketmaster Entertainment Los Angeles Invest 133

Both Sides of the Table

MAY 19, 2010

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Closing a VC fund in 2009/10 is a major achievement in and of itself. In the intro section of the show we talked a lot about why VC funds are becoming smaller again and where Greycroft fits.

Venture Capital 240

Venture Capital Startup Platform Technical Review 240

socalTECH

DECEMBER 15, 2010

Manhattan Beach-based Morphlabs , the provider of software for managing private and public cloud infrastructure, has raised $1M in funding from a strategic partner, the firm said this week. According to Morphlabs, the investment came from BroadBand Tower, a provider of Internet services, hosting, and other services in Japan.

Manhattan Beach 157

Manhattan Beach Cloud Computing Platform Invest 157

socalTECH

AUGUST 20, 2010

San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses.

Software 181

Software Tech Coast Angels SoCalTech Pasadena Angels 181

socalTECH

DECEMBER 17, 2009

Los Angeles-based Rubicon Project , the online advertising optimization service firm headed by Frank Addante, is claiming this morning that the firm saw 270%, year over year growth in 2009. Rubicon Project's online advertising service helps publishers pick the best yielding ads from online ad networks. READ MORE>>.

Clearstone 160

Clearstone Advertising Equity Los Angeles 160

socalTECH

AUGUST 10, 2010

El Segundo-based Wyle , a provider of systems engineering, testing, and information technology services, said today that it has agreed to acquired CAS, Inc. , The firm said the acquisition will be funded by approximately $20M in equity from Court Square Capital Partners, plus approximately $200M in incremental debt.

El Segundo 140

El Segundo Acquisition Equity Capital 140

socalTECH

DECEMBER 27, 2010

Westlake Village-based Zumbox , which is developing an electronic bill payment service, has raised an additional $9.7M in funding, according to a regulatory filing by the firm. Source of the new funding was not disclosed. in funding in August of 2009. The firm previously raised $8.0M

Zumbox 127

Zumbox Westlake Village Funding Services 127

socalTECH

APRIL 12, 2010

Santa Monica-based EdgeCast Networks , a content delivery network (CDN) provider, is announcing today that it has raised $10M in a Series C funding round. The new funding will go towards developing and launching new value-added services, expand its network, and for sales and marketing. READ MORE>>.

Networking 145

Networking Steamboat Ventures Santa Monica Content 145

socalTECH

MARCH 22, 2010

Santa Monica-based Zag , which develops online car buying software, announced Monday that it has hit the 100,000 cars sold mark on its service. Zag, which also says it reached profitability in August 2009, said consumers saved over $350M over MSRP by using its programs. in venture funding. READ MORE>>.

Zag 160

Zag Santa Monica Software Organization 160

socalTECH

JANUARY 27, 2010

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the Pasadena Angels. The firm did not disclose financials.

IP 124

IP Pasadena Angels Pasadena Los Angeles 124

SoCal Tech Calendar

JULY 23, 2009

Wednesday, July 29, 2009 -- 8th Digital Media Summit. Past presenters have received millions in funding from our program; and several have sold their company for huge earnings. See [link] (more).

Media 100

Media Social Media Commerce Entertainment 100

socalTECH

JANUARY 27, 2010

eHarmony said that as part of the settlement, all claims will be dismissed, and it will create a $2M settlement fund, with $500,000 of that fund to be designed for claims by the class, with any unclaimed portion of the fund to be donated to a charity designated by the court. eHarmony, Inc., which was filed in 2007.

eHarmony 165

eHarmony Class Pasadena Web 165

socalTECH

MARCH 11, 2010

Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M in funding and gone public through a reverse merger. for fiscal 2009. Image Metrics said that ICLA will change its name to Image Metrics, and will change its stock symbol as part of the merger. READ MORE>>.

Metrics 154

Metrics Santa Monica .Net Acquisition 154

socalTECH

MARCH 31, 2010

Irvine-based WebVisible , the provider of local online marketing services to small and mid-sized businesses, said today that it has big hiring plans, and is looking to hire 50 people for sales positions at the firm.

Redpoint 157

Redpoint Report Sales Email 157

socalTECH

APRIL 13, 2009

San Diego-based GreatCall , the telecom firm which runs the Jitterbug cell phone service, disclosed this morning that it is looking to hire over 150 employees for a new, Carlsbad-based customer service and sales call center. The company said it plans to have the 150 positions filled by the time the firm's offices open in May 2009.

San Diego 100

San Diego Venture Capital Services Capital 100

Both Sides of the Table

JUNE 28, 2011

The trend of funding anything from the first $25k to funding $50 million at a billion+ valuation is unlikely to last as the skills and style to be effective at all stages are diverse enough to warrant focus. I will argue that LPs who invest in VC funds will also need to adjust a bit as well. These are very different.

Venture Capital 334

Venture Capital Software Capital Startup 334

socalTECH

JULY 21, 2011

The firm announced a funding round last week, from DFJ Frontier, DFJ JAIC, Gold Hill Capital, and angel investors Gil Elbaz (Factual), Auren Hoffman (Rapleaf), and Walter Kortschak (Summit Partners), and many others. Rob Reed: The position of MomentFeed, is that it is essentially a layer in the location based services stack.

Social Media 248

Social Media Zumbox Media Startup 248

Both Sides of the Table

JANUARY 14, 2014

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. The three largest webmail services had over 1 billion global users at the end of 2011. People don’t want to speak to customer service reps. Much more data in the full post.

Email 339

Email SaaS Venture Capital Google 339

Startup Professionals Musings

MAY 29, 2020

Thus, if you are looking for initial funding for your new solution, I recommend that you focus your sights a bit lower initially, maybe even counter-intuitive to your thinking, and target markets and opportunities which have potential for a near term payback, with less up-front risk.

Startup 129

Startup Artificial Inteligence Examples Google 129

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. I tragically lost my mom to cancer, my girlfriend (who I was living with at the time) and I broke up, and then my team and I were laid-off when the market crashed in 2009. Until I was fortunate enough to secure a job with Ron Burkle at the end of 2009.

Invest 157

Invest Startup Hollywood Echo Park 157

Both Sides of the Table

MAY 4, 2010

Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment Three: “VC Deals Funded this Week”. Hyper-local, flash marketing platform connecting consumers with local business offers; super majority of offers are restaurant and personal services; competitor to Groupon.

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

socalTECH

JANUARY 22, 2019

Kevin O'Connor: I've been doing venture since my first deal in 1995, and have been investing on and off since I moved to Santa Barbara in 2001, under the name O'Connor Ventures, and did that full time until 2009, when I started Graphiq, and switched back into doing another company. Kevin O'Connor: It's 100 percent our own funds.

Venture Capital 145

Venture Capital Startup Invest Capital 145

Tech Zulu Event

DECEMBER 9, 2009

All profits from CES are reinvested into industry services, including technical training and education, industry promotion, engineering standards development, market research and legislative advocacy. . Special thanks to our partners: Stickam - A free service that allows you to stream live video over the internet.

Technical Review 40

Technical Review Stickam Web Conference 40

Both Sides of the Table

JUNE 18, 2010

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. Paul talked about Neuhaus Partners, a 65 million Euro fund with the remit to invest in German-speaking countries. 406 Ventures.

Venture Capital 225

Venture Capital Google Web Sites 225

socalTECH

MAY 18, 2010

We built that and put it on the App Store on December 24 of 2009. Al Eisaian: We spent all of 2009 doing research with moms, having moms come into our Pasadena office and researching what things they wanted in the app. All of 2009 was figuring out what people want. What's special about the application?

Mobile 168

Mobile .Net Pasadena Software Review 168

Both Sides of the Table

JULY 21, 2014

Since 2009 we’ve been in an unequivocal bull market. An impressive number of new VCs have been created – most of them with new seed funds. Have an in-house professional services team that implements your software. I wrote about The Importance of Professional Services here. What to do to Avoid Shelfware?

Marketing 354

Marketing Case Study Metrics Sales 354

Xconomy

JULY 21, 2016

Zingle, a Carlsbad, CA-based tech startup targeting the service industry and consumer-facing businesses with its messaging app technology, has raised $3 million in venture capital, according to a regulatory filing earlier this month. The company raised $1 million last year, according to a 2015 regulatory filing.

Technology 40

Technology Santa Barbara Venture Capital Venice 40

Both Sides of the Table

APRIL 17, 2010

We’ll be conducting a series of educational programes covering: fund raising, team building, product development, sales, marketing, business development and how to prioritize your time as a CEO. He then joined their venture fund, TheMailRoom Fund, which is where I met him. And of course we had, TheMan.

Company 276

Company Companies Startup Southern California 276

socalTECH

NOVEMBER 6, 2014

I was then brought into a fund as an EIR, an Entrepreneur-in-Residence for Epic Ventures. At Amplify, I evolved into wanting to do a fund, and thought about doing a regular venture fund. We are not seeking external companies to fund and/or build from. Back in 2009, everyone had an opinion on how I should pitch people.

Startup 231

Startup Technology Incubator Silver Lake 231

socalTECH

JANUARY 5, 2012

in capital for its online service for connecting people with nightlife venues. Sam Altman: We launched in November of 2009. We launched in November of 2009, an dit's been an amazing experience to date. Can you talk about your recent funding round? Now, we also have six cities within the U.S.,

Content 196

Content Equity Startup Platform 196

Both Sides of the Table

JANUARY 5, 2010

And we’re lucky because they deliver many of the great products, services and content that we consume in our lives every day. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself?

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Both Sides of the Table

NOVEMBER 14, 2010

That would mean that the increased number of new business startups will lead to a “funding gap&# of deals that can’t get financed. But I’ll judge the angel class of 2009/2010 on a 7-10 year time horizon. in 2009 the market was completely constipated as investors focused on triage. I avoided much of this.

Invest 299

Invest Angel Technical Review Venture Capital 299