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K1 Investment Management Sells San Diego's FMG Suite

socalTECH

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

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Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. An interesting investment for our firm, the $16.5

Capital 113
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. In 2016, our Santa Monica office more than doubled market share of early-stage companies. This is a trend from 2016 that should gain momentum in 2017. Rob Freelen: Focus.

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Inseego's Novatel Wireless Sales Saga Continues

socalTECH

San Diego-based Inseego , which develops telematics and fleet management products, gave an update to its sale of Novatel Wireless to Chinese company Jade Ocean Global Limited , a subsidiary of T.C.L. Industries Holdings (H.K.) Limited this morning, with more news of delays in getting the deal approved.

Sales 113
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Chrome River Says It Books Record Sales Quarter

socalTECH

Los Angeles-based Chrome River , which develops expense and invoice management software, said this morning that it had its largest first-quarter sales in the company's history. The company is backed by Great Hill Partners, which invested $100M in the company in 2015. It says it now has more than 600 customers. READ MORE>>.

Sales 113
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TECHSPO LA 2016 Technology Expo [ SANTA MONICA ]

Tech.Co

Looking to invest in the next Facebook? TECHSPO LA is a four day technology expo taking place June 13 – 16, 2016 at the luxurious Loews Santa Monica Beach Hotel, Santa Monica, California in the heart of Silicon Beach. Covering the Los Angeles tech scene for a publication? Or just a plain old tech enthusiast? The Best Part?

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

It’s a new year – 2016. We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle. In fact, 90% of our investments are either Seed or A-round investments (10% are B-round). We try to recruit investment partners who bring startup operating experience.

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