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Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

socalTECH

rubicon project merger acquisition clearstone news mayfield winners frank addante' Based on Rubicon''s current price (around $19.24 Rubicon''s President, Greg Raifman, now holds a stake worth $11.96M; and CFO and COO Todd Tappin''s stake is worth $10.0M.

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Lead Edge Capital Raises Fifth Fund, Worth $950 Million

socalTECH

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100
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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

socalTECH

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

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Edlio Raises $40M For School Website Software, Looks Towards Acquisitions

socalTECH

The funding came from L Squared Capital Partners. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions. Edlio is led by CEO Ali Arsan. READ MORE>>.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. What was the biggest news for you/your company this year?

Capital 100
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Reflections on 2019: Kelly Perdew, Moonshots Capital

socalTECH

Today, we share the thoughts of Kelly Perdew , the founder and Managing Director of Moonshots Capital (www.moonshotscapital.com). What was the biggest news for you/your company this year? We also had our first exit for Moonshots Capital Fund 1 --Threatcare. At the same time, more capital continues to be raised in LA.

Capital 100
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Kadenwood Gets $50M For CBD Wellness Brands

socalTECH

The funding came from The Craftory and Arcadian Capital Management, along with others. The company said those news funds will go to "normalize CBD" in health and wellness products, via scaling, strategic partners, and acquisitions. The company said the funding was a combination of cash and "media value".

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