TechCrunch LA

MAY 23, 2019

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The pair raised $41 million for the debut effort, opting to nearly double that number the second time around as a means to participate in more follow-on fundings.

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TechCrunch LA

MAY 31, 2022

It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their respective vintage years.”. Tell me about the traction from your previous funds.

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Software Startup Venture Capital Funding 163

socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

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Startup Professionals Musings

JANUARY 19, 2018

As an advisor to new business owners, and an occasional angel investor, I see new business proposals daily, many seeking investors to fund early research and development (R&D) of a new product idea. Funding new product research and development is just too risky, with a large time delay before any return is likely.

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Research Develop Development Funding 57

socalTECH

APRIL 5, 2019

Gene editing technology developer Inscripta , which has one of its offices in San Diego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. The company had originally announced its Series C in 2018, worth $85.5M.

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socalTECH

JANUARY 5, 2017

San Diego-based Neurelis , a developer of a drug treatment for epilepsy, has raised a Series B round of funding, the company said this morning. Size of that funding was not announced. The funding was led by HBM Healthcare Investments, and also includes earlier investor LYZZ Capital. READ MORE>>.

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TechCrunch LA

NOVEMBER 11, 2020

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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TechCrunch LA

NOVEMBER 17, 2020

A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. ” So far, the company has worked with CAA, UTA and WME on all of the brands in development, Bloom said. We create an entity that we spin out.

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Tech.Co

FEBRUARY 28, 2018

His goal to reshape Afghanistan’s image in the US to reflect its social and institutional development is as noble as it is difficult. When your résumé includes Google, the World Economic Forum, and a TED talk, speaking at SXSW 2018 is a walk in the park. Neha Narula, Director of the Digital Currency Initiative at MIT Media Labs.

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TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. The new batch of startups coming from across the U.S.

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socalTECH

SEPTEMBER 21, 2021

Los Angeles-based Savyint, which develops identity and access management software for the enterprise market, has raised $130M in a new financing, according to the company. The new funding came from HPS Investment Partners and PNC Bank. The company said it will use the funding to grow its investments in R&D and personnel.

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socalTECH

NOVEMBER 10, 2020

Irvine-based TITAN School Solutions , a developer of software used for managing school district meal programs, has been acquired by LINQ , a developer of school district management software. Series A funding round back in 2018. Series A funding round back in 2018. READ MORE>>.

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socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018.

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Tech.Co

MARCH 8, 2018

Fortunately, for those headed to SXSW, Startup Night SXSW 2018 , presented by the Kauffman Foundation and TechCo, will be filled with investors from a multitude of industries who are looking to discover and fund startups building the latest solutions and tech innovations. Lisha Bell, Deal Flow Lead for Pipeline Angels.

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Technical Review Startup Software Review Entrepreneur 70

socalTECH

SEPTEMBER 10, 2020

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.

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socalTECH

JUNE 4, 2019

Inhibrx is backed by LAV Biosciences Fund and Viking Global Investors. The company reported a net loss of $31.02M in 2018 on revenues of $8.5M; the company's current revenue stream includes both license fees and grants. Inhibrx develops protein engineering technology used in biopharmaceuticals research. READ MORE>>.

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.Net Research Report Funding 124

socalTECH

MARCH 19, 2019

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. Morgan, and received its seed funding round back in December of 2018. Drambarean was previously at Capital One. Trovata is backed by J.P. READ MORE>>.

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Chief Technology Officer Seed Funding San Diego Sales 133

Startup Professionals Musings

SEPTEMBER 7, 2018

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S.

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socalTECH

FEBRUARY 27, 2019

SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018.

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socalTECH

OCTOBER 2, 2020

Lytle is the company's current Head of Government Affairs, where he has been since April 2020; he also previously served as Chief Strategy Officer and EVP of Enterprise Saas Solutions from August 2017 to October 2018, and has since been consulting for the company; he also served at Cavulus, Morgan Stanley, and hedge fund RCL Capital.

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socalTECH

AUGUST 25, 2017

Vernon-based Romeo Power , a new startup focused on developing battery-based, energy storage, has raised $30M in a seed funding round. Soure of the funding was not announced. Romeo Power, led by founder and CEO Michael Patterson, claims it already has $65M in orders on the books for delivery in 2018.

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socalTECH

DECEMBER 11, 2018

El Segundo-based medical apparel brand Jaanuu --formed by former investment banker Shaan Sethi and his sister, Dr. Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M.

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TechCrunch LA

SEPTEMBER 14, 2018

TechCrunch is heading to UCLA on October 18 and we’ve assembled some of the AR/VR industry’s most prescient founders, investors and executives to chat about the startups and trends driving virtual and augmented reality in 2018. While VR might not just be about gaming, it’s accurate to say that, in 2018, it mainly is.

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socalTECH

JUNE 19, 2018

Irvine-based Cylance , which develops endpoint security software, said on Tuesday that it has raised $120M more in a funding round, for its artificial intelligence-powered software. The company said the funding was led by Blackstone Tactical Opportunities, and also included other investors. READ MORE>>.

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Tech.Co

DECEMBER 13, 2017

VentureWell, a Massachusetts-based nonprofit that supports science and technology entrepreneurs, has selected a medical simulation startup founded by University of Maine students to receive funding and training. The company, Zephyrus Simulation LLC, was spun off from a product developed by a group of bioengineering students at UMaine.

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socalTECH

MARCH 4, 2019

Los Angeles-based ServiceTitan , which develops software used to manage residential home service businesses, announced this morning that it has named Guy Longworth as the company's first Chief Marketing Officer. The company has been on a big expansion push, raising more than $200M in two funding rounds in 2018. READ MORE>>.

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Both Sides of the Table

FEBRUARY 6, 2019

Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. Taken together these “mega rounds” represent nearly half of the funding in 2018. More on that later.

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Venture Capital Capital Startup Funding 292

socalTECH

NOVEMBER 15, 2018

Glendale-based ServiceTitan , which develops software used by home services contractors to manage their businesses, has raised $165M in its Series D funding, the company said on Wednesday, giving the company a $1.65 The funding was led by Index Ventures, and also included Dragoneer, T. billion post-money valuation.

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Both Sides of the Table

SEPTEMBER 10, 2021

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund.

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socalTECH

DECEMBER 18, 2017

Los Angeles-based accounting software developer FloQast is in a major expansion, saying this morning that it has relocated its headquarters to Sherman Oaks, and has tripled its office space. Floqast is a developer of close management software, used by accountants to close their books faster. READ MORE>>.

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socalTECH

JUNE 11, 2013

Cornerstone OnDemand , the developer of software-as-a-service for talent management and human resources, is raising $220M in a debt funding, the firm said today. The company said it is offering up $220M in an offering of convertible senior notes, due in 2018. cornerstone ondemand debt funding finance software human resources'

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TechCrunch LA

OCTOBER 17, 2018

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. Former YouTube exec unveils Next 10 Ventures, a $50M fund to back online creators. ” Applications to the incubator opened today and close November 17, 2018.

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Incubator Content Education Seed Funding 197

socalTECH

JULY 19, 2018

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital.

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socalTECH

JANUARY 9, 2017

Irvine-based medical device developer Ivantis , which is developing microstents for minimally invasive glaucoma surgery, has raised $25M in a Series C funding, the company announced today. The funding was led by RA Capital Management, a new investor, and also included Merieux Developpement, along with existing investors.

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TechCrunch LA

AUGUST 12, 2022

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. The new funding will be used to expand logistics and new channels beyond Whole Foods that Deerman was not able to divulge right now. Positive Food Co.,

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Invest Los Angeles Startup Funding 175

socalTECH

FEBRUARY 20, 2019

Carpinteria-based cloud software developer Procore Technologies announced this morning that it has named Jim Sinai as its new Senior Vice President of Marketing. Procore said earlier that it had "record setting" revenues in 2018, although it has not yet disclosed those finances.

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socalTECH

FEBRUARY 14, 2019

in November of 2018. CaseStack develops a software-as-a-service offering to provide logistics, supply chain, and less-than-load (LTL) shipping solutions to consumer packaged goods companies and warehousing firms. The group invested in the $470,000 Series A funding for CaseStack all the way back in 2003. READ MORE>>.

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