socalTECH

FEBRUARY 14, 2018

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

Santa Barbara 124

Santa Barbara Equity Commerce Resource 124

socalTECH

SEPTEMBER 11, 2014

Santa Barbara-based Eucalpytus , the developer of open source software for managing private and hybrid clouds, has been acquired by HP , HP said Thursday afternoon. Eucalpytus, which is led by Marten Mickos, was venture backed by Institutional Venture Partners (IVP), Benchmark Capital, BV Capital, and New Enterprise Associates.

Santa Barbara 178

Santa Barbara Acquisition Software Report 178

socalTECH

AUGUST 3, 2018

Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. The company's IPO was underwritten by Morgan Stanley, Goldman Sachs & Co, Allen & Company, RBC Capital Markets, Jeffries, KKR, Raymond James, and Stifel.

Santa Barbara 100

Santa Barbara Redpoint Pricing Acquisition 100

socalTECH

FEBRUARY 19, 2016

Truven Health Analtyics , a cloud-based healthcare data provider which has an office in Santa Barbara, has been acquired by IBM Watson Health for $2.6 IBM said that the acquisition will bring more than 8,500 clients to its portfolio. Truven was backed by Veritas Capital. Truven has its headquarters in Ann Arbor, Michigan.

Santa Barbara 100

Santa Barbara IBM IBM Acquisition 100

socalTECH

APRIL 25, 2018

Santa Barbara-based Sonos has filed for a confidential IPO, according to a report on Wednesday, which says that Sonos is hoping to go public as soon as June. Sonos has received backing from such investors as BV Capital, Elevation Partners, Index Ventures, Kohlberg Kravis Roberts & Co., billion and $3.0 and Redpoint Ventures.

Santa Barbara 113

Santa Barbara Redpoint Journal Report 113

socalTECH

JANUARY 27, 2014

Santa Barbara-based Resonant, Inc. , in an IPO on the Nasdaq Capital Market. The IPO offering is being underwritten by MDB Capital Group. The company says is it looking to trade on the NASDAQ Capital Market under the symbol "RESN". Resonant Inc. was spun out of Superconductor Technologies in 2012. READ MORE>>.

Santa Barbara 157

Santa Barbara Mobile Acquisition Design 157

socalTECH

JULY 27, 2018

Santa Barbara-based Sonos, the developer of user-friendly, Internet-connected, whole-home audio systems, is expected to hit the market next Friday, August 3rd, according to the NASDAQ IPO Calendar. Sonos is looking to sell 13,888,888 shares of its common stock at between $17.00 and $19.00 per share, the IPO would raise $303,472,199.

Santa Barbara 100

Santa Barbara Redpoint Pricing Marketing 100

socalTECH

OCTOBER 9, 2014

Santa Barbara-based Channel Technologies Group , which manufacturers sonar and navigation systems, piezoelectric ceramics, transducers, and other products used in the defense and other industries, said this morningthat ith as acquired Materials Systems Inc. , CTG is backed by Blue Wolf Capital Fund II, LP. READ MORE>>.

Technology 138

Technology Santa Barbara Acquisition Customer 138

socalTECH

AUGUST 2, 2018

Santa Barbara-based Sonos surged more than 25 percent in early trading on its first day as a public company on Thursday, after pricing its IPO on Wednesday evening at $15.00 The company's IPO was underwritten by Morgan Stanley, Goldman Sachs & Co, Allen & Company, RBC Capital Markets, Jeffries, KKR, Raymond James, and Stifel.

Santa Barbara 100

Santa Barbara Redpoint Pricing Acquisition 100

socalTECH

OCTOBER 12, 2018

Santa Barbara-based Rincon Venture Partners , the venture fund which was led by Jim Andelman before Bonfire Ventures, has seen an exit of its portfolio, at San Francisco-based Rentlytics. Rentlytics was venture backed by Trinity Ventures, Rincon Venture Partners, Cue Ball and Daher Capital.

Seed Funding 113

Seed Funding Santa Barbara Software Development Capital 113

socalTECH

MARCH 19, 2010

Santa Barbara-based Eucalyptus announced Friday afternoon that the firm has snagged Marten Mickos, most recently the CEO of MySQL AB, as its new CEO. Eucalpytus develops open source, cloud software used to manage cloud deployment, and is venture backed by Benchmark Capital and BV Capital.

Santa Barbara 182

Santa Barbara Cloud Computing Software Acquisition 182

socalTECH

OCTOBER 12, 2010

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. READ MORE>>.

Cloud Computing 197

Cloud Computing Technology Santa Barbara Venture Capital 197

socalTECH

APRIL 22, 2013

FastSpring , the fast growing Santa Barbara-based e-commerce payment services provider headed by Dan Engel, said today it has scored a funding round from Pylon Capital, a Los Angeles-based investment firm. acquisition merger capital venture pylon fastspring' Size of the funding round was not disclosed. READ MORE>>.

Funding 153

Funding Santa Barbara Commerce Acquisition 153

socalTECH

JULY 6, 2018

Santa Barbara-based Sonos , which develops very easy to use, connected whole-home speaker systems, has filed for an IPO, saying in a filing on Friday that it is looking to raise up to $100M in an offering on the Nasdaq Global Select Market. The company has applied to list as SONO. The company had a net loss of $14.2M

Santa Barbara 140

Santa Barbara Redpoint .Net Marketing 140

socalTECH

MAY 12, 2010

Santa Barbara-based Mindflash.com , a provider of online training software for small businesses, said today that it has named Donna Wells as its new President and CEO. Mindflash said it has received funding from Investment Group of Santa Barbara (IGSB), although it did not disclose financial terms of that funding.

Santa Barbara 145

Santa Barbara Training SaaS Venture Capital 145

socalTECH

OCTOBER 8, 2015

A number of Southern California angel investors are undoubtedly breaking out the champagne this morning, after the successful IPO of CytomX Therapeutics , a developer of cancer therapeutics which was spun out of UC Santa Barbara. CytomX was founded by UC Santa Barbara professor Patrick Daugherty. in morning trading.

Southern California 100

Southern California Santa Barbara Angel SoCal 100

socalTECH

JULY 18, 2017

A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. Cylance (www.cylance.com).

Southern California 133

Southern California Orange County SpaceX Santa Barbara 133

socalTECH

OCTOBER 30, 2018

Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Size and terms of the majority equity investment were not announced. Cerium Technology is an investment firm focused on the Internet-of-Things (IoT) market.

Technology 133

Technology Santa Barbara Equity Invest 133

socalTECH

MARCH 28, 2012

Los Angeles- and Santa Barbara-based DFJ Frontier , the venture capital firm founded by David Cremin and Scott Lenet, has scored an exit at one of its portfolio firms, ClearAccess. Other investors in ClearAccess were Blade Ventures and Montlake Capital (formerly Buerk Dale Victor). READ MORE>>.

Santa Barbara 183

Santa Barbara Venture Capital Networking Los Angeles 183

socalTECH

JUNE 21, 2012

The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blottnitz, and undoubtedly co-founders John MacFarlane, Craig Shelburne, Tom Cullen. When part of that funding is used to pay off early investors. Elevation Partners, and Redpoint Ventures.

Santa Barbara 140

Santa Barbara Funding Redpoint Equity 140

SoCal Tech Calendar

MARCH 29, 2012

Total merger and acquisition deal volume in 2011 increased 24% from 2010, with over 16,000 transactions aggregating to $1.1 With capital gains taxes expected to increase, corporate profits at all-time highs, and private equity firms sitting on a lot of cash, what will the MandA environment look like throughout 2012? trillion in value.

ACG 113

ACG Santa Barbara Ventura Equity 113

Both Sides of the Table

NOVEMBER 9, 2012

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Both can hurt you in an acquisition. Startup Exits: A Primer from msuster. I speak privately a lot about getting an exit at a startup. Often it does.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

socalTECH

JULY 23, 2018

Santa Barbara-based Sonos , the developer of user-friendly, Internet-connected, whole-home audio systems, set its estimated IPO pricing range on Monday morning, the next step in bringing the company to market. According to its updated S-1 filing, Sonos is looking to sell 13,888,888 shares of its common stock at between $17.00

Pricing 100

Pricing Santa Barbara Redpoint Marketing 100

socalTECH

AUGUST 28, 2012

Sirigen , a developer of fluorescent biomarkers used in flow cytometry, and which was started at the University of California, Santa Barbara, has been acquired by Becton, Dickinson and Co. Sirigen was venture backed by Great Pacific Capital, Seraphim Capital, and Oxford Capital Partners.

Santa Barbara 133

Santa Barbara San Diego Competition Capital 133

socalTECH

MAY 19, 2015

Appfolio--which is led by Brian Donahoo--is venture backed by Investment Group of Santa Barbara and BV Capital, along with such local angels as Andreas von Blottnitz and Klaus Schauser. The IPO is being underwritten by Morgan Stanley, Credit Suisse, Pacific Crest Securities, and William Blair.

Santa Barbara 100

Santa Barbara Invest Software Capital 100

socalTECH

JANUARY 3, 2012

Santa Barbara-based Channel Technologies Group , a manufacturer and supplier of piezo-electric ceramics, transducers along with systems and services, has been acquired by private equity firm Blue Wolf Capital Partners. Financial terms of the buy were not announced.

Equity 140

Equity Santa Barbara Technology Invest 140

InfoChachkie

SEPTEMBER 16, 2010

Below is a talk on New Venture Investing from the University of California Santa Barbara’s Technology Management Program, by Jim Andelman. In this video Jim Andelman explores venture capital investing and the emergence of capital efficient businesses.

Invest 124

Invest Santa Barbara Venture Capital Capital 124

InfoChachkie

JANUARY 16, 2018

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community. Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

InfoChachkie

JULY 28, 2015

Although this is a somewhat unusual real estate transaction, it reflects a surprisingly common scenario in the business world of mergers and acquisitions, with one important distinction. There is a well-worn adage in the world of mergers and acquisitions that, “companies are not sold, they are bought.” My House Is Not For Sale.

Company 100

Company Companies Santa Barbara Pricing 100

socalTECH

FEBRUARY 15, 2019

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. Uber, Lyft, Airbnb, and others have had to raise tons of capital and have super-solid foundations to go with the hyper-local play. In this industry, customer acquisition costs are super high.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

InfoChachkie

JANUARY 12, 2010

However, once they open the envelopes which contain their seed capital, they then have two hours to execute their plans. The majority of students fret over the fact that they only have $5 of capital and limited time to launch their money making ideas. Santa Barbara Foundation. To learn about Ms. from the Wharton School.

Santa Barbara 191

Santa Barbara Class Ideas Organization 191

InfoChachkie

MAY 5, 2016

He then joined Picasa and was instrumental in its acquisition by Google. Dan shared his entrepreneurial insights with my UC Santa Barbara students, including the manner in which he built a virtual organization. No venture capital.”. And we did it all with about $30,000.

Entrepreneur 100

Entrepreneur Santa Barbara Email Outsource Development 100

InfoChachkie

JANUARY 12, 2015

After studying at UC Santa Barbara''s entrepreneurial program , he returned to Spain, excited to start a venture and make a positive impact on his homeland. Although 75% of VC funds in Spain come from abroad, the government has decided to punish capital outflows. A version of this article previously appeared in Forbes.

Entrepreneur 100

Entrepreneur Startup Santa Barbara Venture Capital 100

InfoChachkie

JULY 26, 2010

In early December of 1818, Jose de la Guerra devised a brilliant plan to thwart the French pirate Hippolyte de Bouchard who was lurking off the coast of Santa Barbara, contemplating an attack. At Computer Motion, we created two alliances, comprised of a dozen companies with an aggregate market capitalization in excess of $28B.

Entrepreneur 168

Entrepreneur Santa Barbara Startup Conference 168

InfoChachkie

FEBRUARY 17, 2011

Messenger : Thorsten von Eicken , RightScale’s Co-Founder and CTO, Chief Architect at Citrix Online (formerly Expertcity) and Professor of Computer Science at Cornell University and UC Santa Barbara. That led us to venture capital as opposed to trying to bootstrap ourselves. free weekly Infochachkie articles! Cats or dogs?

Cloud Computing 188

Cloud Computing Santa Barbara EC2 Startup 188

socalTECH

FEBRUARY 22, 2011

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154