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The Trade Desk Launches Venture Capital Arm, Makes First Investment

socalTECH

Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups.

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The Trade Desk Adds $20M

socalTECH

Ventura-based The Trade Desk , the real time, demand-side advertising platform developer led by Jeff Green, has raised $20M in a Series B funding, the company said today. The Trade Desk develops online advertising technology used to manage display, social, and video advertising campaigns. READ MORE>>.

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Trade Desk Files For IPO

socalTECH

Ventura-based Trade Desk has filed for an IPO, saying that it is looking to raised up to $86.25M on an IPO on the NASDAQ Global Market. The advertising technology company is led by Jeff Green. The IPO is being underwritten by Citigroup, Jefferies, RBC Capital Markets, Needham & Company, and Raymond James.

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The Trade Desk Raises $125M In Credit Facility

socalTECH

Ventura, California-based The Trade Desk , the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The companysaid that it will use the new funding for global expansion initiatives and for working capital. READ MORE>>.

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Southern California VC Totals Drop To $810.5M In Q1

socalTECH

in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. funding round, and $60M in Ventura-based advertising technology developer TradeDesk. Southern California startups raised $810.5M

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Connexity Gets $2M In Credit Line

socalTECH

Ventura-based Connexity , a developer of Internet advertising and targeting technology, announced today that it has secured $2M in a debt financing. Connexity said the line will go towards additional working capital, to accelerate its growth. The financing came from Silicon Valley Bank.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Tim Cadogan , OpenX (Pasadena, advertising). Asher Delug , Airpush (Los Angeles, advertising).