SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff.

Pricing 150

Pricing Acquisition Customer Custom 150

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

Startup Professionals Musings

JULY 16, 2023

None normally work for or provide funds for early-stage startups. Most retail and commercial banks offer investment services to their customers, but these services have nothing to do with investing in your business. Many investment banks even call themselves “boutiques.”

Funding 72

Funding Startup Invest Venture Capital 72

SoCal CTO

NOVEMBER 17, 2009

A day might include a discussion with a finance partner, an investor, a customer or a fusion partner. Our new customer acquisition has grown and our costs have plummeted. We are actually getting paid now to obtain customers, so our customer acquisition costs are now negative. Great posts.

Acquisition 170

Acquisition Customer Custom Ideas 170

Startup Professionals Musings

OCTOBER 14, 2022

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Research has confirmed that culture is a primary driver for financial performance, customer experience, and team productivity.

Technical Review 129

Technical Review Funding Organization Coach 129

socalTECH

OCTOBER 5, 2021

Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a social network built focused on self-care for teens. Financial terms of the acquisition were not announced. Blue Fever is led by co-founder and CEO Greta McAnany.

Social Network 113

Social Network Acquisition Los Angeles Networking 113

TechCrunch LA

FEBRUARY 11, 2021

Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. One more deal soon followed. billion valuation.

Company 363

Company Companies Acquisition Equity 363

socalTECH

AUGUST 8, 2016

Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types. Our clients are everyone from fast growing, freshly funded startups, to the Fortune 100. We also have an office now in Houston as well as a result of the acquisition.

Acquisition 100

Acquisition Paid Search El Segundo SEO 100

socalTECH

SEPTEMBER 21, 2021

Financial details of the acquisition were not announced. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding. Igor Vaks is founder and CEO of CreatorIQ.

Silver Lake 113

Silver Lake Acquisition Los Angeles Marketing 113

TechCrunch LA

SEPTEMBER 13, 2021

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. The acquisition is not the first for SpotOn, which also acquired SeatNinja earlier this year.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. The Series G funding values ServiceTitan at $9.5 The Series G funding values ServiceTitan at $9.5 Aspire Software is based in St.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. We are focused on the investment in and acquisition of software firms that are generating $2.5M

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

OCTOBER 19, 2021

Financial details of the acquisition were not announced. Classy--which recently raised $118M in a Series D funding--said the move is part of its investors to invest in customer-forward product development and acquiring technology to complement its platform. Classy said it will relaunch Fondi as Classy Live for nonprofits.

Platform 113

Platform San Diego Software Development Acquisition 113

socalTECH

FEBRUARY 22, 2021

The company--which had just raised $20M--will be acquired in a reverse merger with NextGen Acquisition Corp. The deal will raise $220M in funding, with investors reportedly including Janus Henderson Group Plc and a group of truck dealers led by Thompson Truck Centers.

Report 113

Report Acquisition Los Angeles Customer 113

socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced. GeoLinks is led by co-founder and CEO Skyler Ditchfield. READ MORE>>.

Equity 113

Equity Acquisition Networking Capital 113

TechCrunch LA

SEPTEMBER 13, 2021

But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a big round of funding as it continues to grow. The funding is coming from a wide mix of investors. and Canada.

Startup 249

Startup Platform Software Los Angeles 249

socalTECH

SEPTEMBER 20, 2019

Clutter said the real estate acquisition will allow it to expand its services in the New York market. The acquisition is not the first for Clutter this year--it also acquired another, on-demand storage startup, Omni, in May. Clutter says it now operates in seven, major market areas plus another 1,000 cities and towns across the county.

Culver City 124

Culver City Demand Acquisition Services 124

socalTECH

APRIL 1, 2020

Costa Mesa-based Strategic Wireless Infrastructure Funds Management said Tuesday that it has acquired a cell phone tower in La Grande, Oregon. Financial details of the acquisition were not announced. The companys said it acquired the Snake River Tower, which was constructed in 2012. READ MORE>>.

Acquisition 113

Acquisition Sites Customer Custom 113

socalTECH

AUGUST 19, 2019

Financial terms of the acquisition were not announced. According to OpenGate Capital, it obtained a majority interest in InRule, the fifth investment through its second institutional fund. READ MORE>>.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

JANUARY 26, 2021

Traliant was founded in 2016, and says it has over 5,000 customers. Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced.

Manhattan Beach 113

Manhattan Beach Equity Funding Training 113

Both Sides of the Table

SEPTEMBER 15, 2022

What You Can Learn From Public Markets It doesn’t really take a genius to realize that what happens in the public markets will filter back to the private markets because the ultimate exit of these companies is either an IPO or an acquisition (often by a public company whose valuation is fixed daily by the market).

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

DECEMBER 4, 2013

According to the company, the funding was structured as a $25M term loan and $5M revolving line, and will go towards buying back the stake of one of the company''s founders, to pay down equipment financing, and to make cash available for growth and working capital. The company was advised by DH Capital in the funding. READ MORE>>.

Cloud Computing 250

Cloud Computing Web Acquisition Los Angeles 250

socalTECH

FEBRUARY 27, 2020

Financial terms of the acquisition were not announced. in total funding, and came out of YCombinator in 2017. According to RepairSmith, it will incorporate CarDash's technology to enhance its product offering, and will services all of CarDash's customers from RepairSmith.com. CarDash had raised $5.3M READ MORE>>.

Los Angeles 124

Los Angeles Acquisition Mobile Services 124

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Startup Professionals Musings

OCTOBER 5, 2015

Even if you work every day in the world of new-venture funding, as I do, the options are confusing, and their meanings seem to change on a regular basis. Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Business accelerator funding.

Funding 104

Funding Venture Capital Startup Seed Funding 104

TechCrunch LA

SEPTEMBER 10, 2020

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 million from LA’s own venture fund, Upfront Ventures and a clutch of security experts.

Los Angeles 308

Los Angeles Chief Technology Officer Culver City Angel 308

Startup Professionals Musings

DECEMBER 17, 2022

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Initially, all companies sell to customers who are the easiest to reach and most excited about the new product. Customer acquisition gets harder and more expensive.

Startup 106

Startup Pricing Cloud Computing Customer 106

socalTECH

APRIL 20, 2017

Financial terms of the acquisition were not announced. The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005. READ MORE>>.

Thousand Oaks 127

Thousand Oaks Acquisition Startup Networking 127

socalTECH

MAY 20, 2019

Financial details of the acquisition were not announced. Omni said the deal will help it "double down on our rentals business", where it rents out different items to its customers. Clutter raised a big $200M funding in February, bringing its total raised to nearly $300M. READ MORE>>.

Demand 113

Demand Acquisition Los Angeles Startup 113

socalTECH

MAY 8, 2014

Financial terms of the acquisition were not announced. Lettuce said it will continue to offer up its products to customers, and will provide more about the company''s "joint vision" and new product development efforts with Intuit after the transaction closes. Some reports are pegging the acquisition at around $30M. READ MORE>>.

Acquisition 178

Acquisition Los Angeles Report Software 178

socalTECH

MAY 21, 2013

Financial terms of the acquisition were not announced. WePlay, which had raised $15M in funding, offered up online sports community, team management, and social components aimed at amateur youth sports teams. million customers. weplay teamsnap merger acquisition sports team management saas community' READ MORE>>.

SaaS 170

SaaS Coach Acquisition Resource 170

socalTECH

APRIL 20, 2018

Los Angeles-based Saviynt , a developer of identity management software, announced this week that it has raised $40M in a Series A funding round. The funding came from Carrick Capital Partners. According to the company, it will use the new funding round to expand its U.S. Saviynt is led by CEO Amit Saha. READ MORE>>.

Oracle 113

Oracle Los Angeles Acquisition Funding 113

socalTECH

JUNE 27, 2019

In an age of ever increasing marketing spend to attract customers, how do you make sure you aren't spending more acquiring a company than they are worth? Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as Dollar Shave Club. What is Retina Go?

Dollar Shave Club 113

Dollar Shave Club Artificial Inteligence Customer Custom 113

socalTECH

NOVEMBER 9, 2017

As part of the deal, Exym founder Matt DeBeer will become CTO of the company, focused on product strategy and customer advocacy, and Alpine'sd Nick Horn will become CEO. According to Exym, the transaction is with Alpine Investors V, VI, and VI-A, LP. Exym was founded in 2004. READ MORE>>.

Funding 113

Funding Equity Los Angeles Software 113

Startup Professionals Musings

SEPTEMBER 14, 2022

With the current volatile economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. Thus I’m getting more questions on new mechanisms, like crowd funding, or going public through the side door as a reverse merger. Yet reverse mergers are not all bad.

Funding 104

Funding Summary Entrepreneur Acquisition 104

Startup Professionals Musings

JULY 9, 2017

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities.

Funding 57

Funding Startup Activity Customer 57

Startup Professionals Musings

MARCH 25, 2023

A healthy business, ready to scale, has been doing this for a year or more, with an existing customer set generating a non-trivial and growing revenue stream. High customer loyalty and high team passion. Growing appreciation for the value of the solution provided. Martin Zwilling

Organization 94

Organization Invest Customer Custom 94