socalTECH

NOVEMBER 2, 2011

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.--in

Gogii 162

Gogii GRP Partners Funding Truecar 162

socalTECH

SEPTEMBER 25, 2012

One of the companies recognized in Qualcomm's QPrize annual business plan competition has scored a series A funding, four years after being named a finalist in the Qualcomm effort. Capillary was one of Qualcom's 2009 finalists for the QPrize; the firm is now based in Singapore, with offices in Palo Alto.

Funding 168

Funding San Diego Competition Mobile 168

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. The firm said it reached nearly $10M in revenues in 2009, and has over 9,300 customers in 62 countries. READ MORE>>.

Software 181

Software Tech Coast Angels SoCalTech Pasadena Angels 181

socalTECH

DECEMBER 28, 2016

Today's contribution is from Lawrence Ng , serial entrepreneur who, last year, founded OnRamp Fund , a $10 million incubator that invests in early stage startups. Ng is successful serial entrepreneur who, last year, founded OnRamp Fund, a $10 million incubator that invests in early stage startups. Lawrence C.

Funding 113

Funding Southern California Incubator Startup 113

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. The funding was led by Granite Ventures. Financial details of the funding were not disclosed by the company. The company said it was founded in 2009 by Don Sturek and Mike Bourton. READ MORE>>.

Seed Funding 124

Seed Funding Funding San Diego Venture Capital 124

socalTECH

OCTOBER 4, 2010

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 based in Malibu, which secured around $100M in funding to acquired the North American Credit-on-Self division of D&B in July.

Southern California 196

Southern California Invest Westlake Village SoCal 196

socalTECH

FEBRUARY 2, 2022

Los Angeles-based private equity investor Levine Leichtman announced this morning that one of its portfolio companies, BigHand Ltd, has acquired legal software developer Iridium Technology from private equity investor Polaris Growth Fund. Financial details of the deal were not announced.

Software Development 113

Software Development Software Develop Development 113

socalTECH

AUGUST 11, 2010

Los Angeles-based Growthink , a provider of business plan consulting, corporate branding, venture capital research, investment banking, and other services, has upped its funding to $3.1M, according to a regulatory filing by the firm this week. According to the filing, the funding is part of an ongoing $5.0M

Funding 145

Funding Venture Capital Research Invest 145

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

APRIL 26, 2011

News of the demise of Los Angeles venture capital fund The Mailroom Fund , the joint venture capital effort of Accel Partners, Venrock, the William Morris Agency and AT&T, is finally trickling out. Wolpert took an extended leave of absence from his investment efforts and managing the fund, and has since moved on to other efforts.

Funding 133

Funding Report Southern California Venture Capital 133

socalTECH

SEPTEMBER 1, 2010

San Diego-based Accumetrics , a developer of medical devices used to measure antiplatelet therapy, a technique used to prevent heart attack and stroke, said this morning that it has closed on a $24M funding round. Of that funding, $7M was raised recently, with the remainder having been received in the Fall of 2009.

Funding 140

Funding San Diego Venture Capital Capital 140

socalTECH

AUGUST 11, 2010

ecoATM was the winner of a contest run by Coinstar in 2009 focused on finding innovative ideas for kiosks. ecoATM has previously raised funding from Tao Venture Capital Partners, and is headed by Tom Tullie, former COO of AMCC. The firm also was a winner at the San Diego Venture Group's annual Pitchfest last year. READ MORE>>.

Funding 150

Funding San Diego Venture Capital Invest 150

socalTECH

JANUARY 22, 2010

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Among the biggest investments in the region in the quarter were Torrance-based Amonix , which received nearly $40M in funding; among other large deals were San Diego's Zogenix with $35M raised, and Thousand Oaks-based Xirrus , with $20.1M.

Southern California 154

Southern California Venture Capital Invest Orange County 154

socalTECH

APRIL 1, 2010

The filing indicates that the firm is raising $136.6M, in a continuation of a round that was kicked off in November of 2009. No details of the funding have been announced by the firm, which is backed by private equity firm MissionPoint Capital Partners.

Funding 133

Funding Torrance Equity Venture Capital 133

socalTECH

JANUARY 22, 2010

According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Among the biggest investments in the region in the quarter were Torrance-based Amonix , which received nearly $40M in funding; among other large deals were San Diego's Zogenix with $35M raised, and Thousand Oaks-based Xirrus , with $20.1M.

Southern California 113

Southern California Invest Venture Capital Orange County 113

socalTECH

JULY 9, 2009

A recent analysis by socalTECH, of our detailed tracking of venture capital investment activity in Southern California, finds that there was around $932M in funding raised in the area in Q2, a rise from roughly $700M in Q1. Tags: venture capital investment southern california 2009.

Southern California 100

Southern California Tech Coast Angels Technical Review Venture Capital 100

socalTECH

APRIL 30, 2014

According to AssetAvenue, it has hired Adam Chapnick, who was the first employee out of the Indiegogo crowdfunding site back in 2009. assetavenue indiegogo employee crowd crowdfunding investment funding executive strategy' READ MORE>>.

Sites 170

Sites Los Angeles Invest Funding 170

socalTECH

MAY 11, 2017

San Diego-based Miva , the developer of e-commerce shopping cart software, has received a growth capital funding from private equity investor Bison Capital Partners, the companies said this week. Miva said that the investment is the first time in its history that it has accepted growth capital funding. Miva was founded in 1996.

Capital 113

Capital San Diego Commerce Equity 113

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.

Westlake Village 100

Westlake Village Technology Software Funding 100

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

DECEMBER 7, 2015

Shoes Of Prey , a fashion startup which allows women to custom order shoes to their specifications, has raised $15M in a Series B funding, and set up shop in Santa Monica, according to the company. The startup--which was started in Australia--said the funding came from Blue Sky Capital, Greycroft Partners, Nordstrom, and Khosla Ventures.

Santa Monica 100

Santa Monica Startup Customer Custom 100

socalTECH

JUNE 21, 2016

The company appears to have raised around $160M in funding since it first was found in 2009. Telogis was privately held, and was backed by Fontinalis Partners and Kleiner Perkins Caufield and Byers. READ MORE>>.

Class 124

Class Acquisition Platform Software 124

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 16, 2013

The massive, $103M funding round for Carpinteria-based Lynda.com might have been a surprise for some, except perhaps readers of this publication, who over the years have gotten a glimpse of the growth rate of the company in recent years. 2009, $37M. Oct 2010, $50M - 140 employees. May 2012, $70M. January 2013, $100M - 400 employees.

Southern California 226

Southern California Funding Startup Company 226

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. ViaSat said the firm co-applied with DIRECTV and DISH on the grant.

Funding 124

Funding Activity Media Services 124

socalTECH

MARCH 28, 2014

The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by Redpoint Ventures, which funded the company out of its Los Angeles office. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 percent at 13.95 in morning trading.

Redpoint 166

Redpoint USC Southern California Education 166

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. EdgeCast has announced only a total of$20M in funding, from Menlo Ventures and Steamboat Ventures. READ MORE>>.

Steamboat Ventures 240

Steamboat Ventures Santa Monica Hulu Content 240

socalTECH

SEPTEMBER 12, 2013

Mike Macadaan , the designer behind MySpace''s redesign in 2009 , has a new project: a Kickstarter effort to fund the design of a line of electronics accessories to organize your pile of electronic charging and accessory cords.

Design 149

Design Twiistup Incubator Conference 149

socalTECH

JULY 30, 2013

in a loan guarantee in December of 2009, to help build an algae-to-crude oil commercial demonstration facility in Columbus, N.M. The firm said it was able to pay off the loan balance after receiving private equity funding from private investors. Sapphire Energy had been awarded $54.5M

San Diego 157

San Diego Equity Examples Funding 157

socalTECH

MAY 12, 2015

Local angels--whose biggest exit so far in recent years was the IPO of Green Dot back in 2010--were the first backers of MindBody, having first received funding from Frontera Capital, the Pasadena Angels, and the Tech Coast Angels back in 2009. READ MORE>>.

Tech Coast Angels 100

Tech Coast Angels Angel Pasadena Angels Pasadena 100

socalTECH

JANUARY 14, 2013

Convetro , the online advertising targeting and optimization technology developer headed by serial entrepreneur Jeff Zwelling, has raised $5M in a Series B funding round, the company said this morning. The firm said the funding came from Bessemer Venture Partners and DAG Ventures, and will go towards sales and marketing.

Santa Monica 147

Santa Monica Advertising Equity Entrepreneur 147

socalTECH

DECEMBER 9, 2016

Activision Blizzard said the endowment--which is a nonprofit founded in 2009 by CEO Bobby Kotick--so far has funded over 29,000 job placements of veterans. The new in-game purchase costs $4.99, all of which goes towards that endowment. READ MORE>>.

Activision 100

Activision Santa Monica Funding Help 100

socalTECH

DECEMBER 12, 2012

EvoNexus, which is run by CommNexus, said it will provide fully furnished open space, mentorship, and access to startup programming to companies accepted to the incubator--and will also consider those same companies for QualcommLabs@EvoNexus, the business acceleration and funding program being run by EvoNexus for Qualcomm.

Incubator 180

Incubator San Diego Resource Startup 180

socalTECH

OCTOBER 27, 2011

Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. and SCP Worldwide, and last raised funding in 2009, raising a total of $10M in funding. According to the site, the firm is "winding down" all of its Fastpoint Games branded fantasy sports games over the next 45 days. READ MORE>>.

Mission Ventures 145

Mission Ventures Sites Los Angeles Funding 145

socalTECH

FEBRUARY 15, 2012

The Tech Coast Angels , the largest organized angel investment group in Southern California--and the nation--said Wednesday that it was part of $45M in funding in companies during last year, with $11M directly invested across 37 companies during 2011. READ MORE>>.

Tech Coast Angels 157

Tech Coast Angels Angel Southern California Invest 157

socalTECH

JULY 2, 2013

in funding to date. EcoATM had only launched its automated kiosks in 2010, and was a winner of the San Diego Venture Group''s Pitchfest in 2009. EcoATM had announced only around $31.4M Tao Venture Capital Partners is the investment firm led by Tom Clancy, who had formerly been at Enterprise Venture Partners. READ MORE>>.

Claremont 174

Claremont San Diego Venture Capital Acquisition 174

socalTECH

FEBRUARY 16, 2010

Irvine-based WebVisible officially announced this morning that it has raised $20M in a Series C funding round. According to the firm, the round was led by Focus Ventures and Adams Street Partners, with existing investors Redpoint Ventures and Sutter Hill Ventures also participating in the funding. READ MORE>>.

Redpoint 145

Redpoint Advertising Venture Capital Funding 145