socalTECH

DECEMBER 20, 2016

Los Angeles-based point-of-sale technology developer Appetize said Tuesday that it has raised $20M in a new funding round, led by private equity investor Shamrock Capital Advisors. Oak View Group, led by Tim Leiweke and Irving Azoff, also participated, along other investors. READ MORE>>.

Funding 100

Funding Sales Los Angeles Entertainment 100

socalTECH

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Financial terms of the sale were not announced. funding round for Docupace in 2016.

Capital 113

Capital San Diego Equity Los Angeles 113

Berkonomics

JANUARY 7, 2021

How many of them, particularly in technology, were able to start a company, supply all the funding, and share no management tasks or equity with others, and still grow the company to any significant size, worthy of a multi-million-dollar opportunity to cash out at exit? Dividing equity among those that fill the management gap.

Startup 240

Startup Equity Statistics Entrepreneur 240

socalTECH

JULY 1, 2020

Los Angeles-based Scalefast , a developer of direct-to-consumer, e-commerce software, has raised $22M in a Series B funding round. The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. The company is led by CEO Nicolas Stehle. READ MORE>>.

Tool 124

Tool Commerce Equity Los Angeles 124

socalTECH

AUGUST 5, 2013

in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing. The company has previously announced funding from Motorola and the Tech Coast Angels. READ MORE>>.

Tech Coast Angels 164

Tech Coast Angels Technology Funding San Diego 164

Both Sides of the Table

MAY 13, 2018

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. Somehow many first-time founders equate “sales” with something that is beneath them. In sales there are also three rules: Qualify, qualify, qualify.

Venture Capital 332

Venture Capital Funding Startup Sales 332

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. The Series G funding values ServiceTitan at $9.5 Financial details of the acquisition were not announced.

Acquisition 113

Acquisition Equity Los Angeles Software 113

Berkonomics

FEBRUARY 3, 2022

First, the implied promise: Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. For some, that comfort is worth forgoing building high equity value.

Equity 156

Equity Course Sales Invest 156

TechCrunch LA

DECEMBER 8, 2020

Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business. The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated.

Sales 282

Sales Demand San Diego Funding 282

socalTECH

JANUARY 14, 2019

Los Angeles-based human resources (HR) technology developer CareerArc --part of an ever growing number of Los Angeles area enterprise software companies--said this morning that it has raised $30M in a growth equity funding. According to CareerArc, the new round was led by PeakEquity Partners.

Technology 133

Technology Resource Los Angeles Equity 133

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows.

Startup 136

Startup Technical Review Equity Incubator 136

socalTECH

APRIL 8, 2011

Los Angeles-based MarketShare , the marketing analytics technology firm run by Wes Nichols, has scored another $10M in funding, according to a regulatory filing from the firm Thursday. MarketShare was unable to provide additional details on the funding. MarketShare is backed by private equity firm Elevation Partners.

Funding 124

Funding Equity Los Angeles Pricing 124

socalTECH

MARCH 19, 2014

Sales tax compliance is not a typical sexy startup area. So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software.

Sales 149

Sales Software Startup Commerce 149

socalTECH

NOVEMBER 30, 2017

Los Angeles-based private equity investor The Gores Group has sold one of its portfolio firms, Atlanta-based Peoplenet , to Boston-based Bullhorn. Financial details of the sale were not announced. Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. READ MORE>>.

Equity 113

Equity Los Angeles Software Sales 113

socalTECH

AUGUST 23, 2018

Los Angeles-based Appetize , which develops modern, tablet-based and other point of sale (POS) systems, said this morning that it has linked with SIDEARM Sports , a provider of mobile apps for the collegiate athletic market. Appetize recently raised a big, $23M funding round, from 32 equity, the NFL's investment arm.

Sales 100

Sales Equity Los Angeles Mobile 100

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Professional angels: This is the arena where I work and play. For you who fit that description, nice work.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

MAY 14, 2023

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

socalTECH

APRIL 21, 2017

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings , a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced.

Equity 113

Equity Los Angeles Sales Capital 113

socalTECH

MARCH 2, 2018

Los Angeles-based venture capital investment firm First Beverage Ventures , which specializes in investing in beverage brands, has made an investment in vitamin-infused coffee and tea company VitaCup. Size of the equity funding was not announced. READ MORE>>.

Commerce 113

Commerce Venture Capital Equity Los Angeles 113

socalTECH

JUNE 25, 2014

The move puts the company''s focused squarely on its Los Angeles operations. The sale netted the company $20M, which it will use to fund its U.S. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels. moviepilot angeles merger acquisition webedia' READ MORE>>.

Social Media 164

Social Media Marketing .Net Entertainment 164

Startup Professionals Musings

APRIL 4, 2022

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow.

Tips 104

Tips Startup Technical Review Equity 104

Both Sides of the Table

MAY 23, 2010

a loan) that is later converted to equity at the time of the next financing. If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale. He had raised about $500,000 in seed funding that lasted a long time.

Startup 290

Startup Funding Venture Capital Pricing 290

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow.

Entrepreneur 113

Entrepreneur Funding Startup Technical Review 113

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows.

Startup 128

Startup Technical Review Equity Incubator 128

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. As a part of Integrated Media, StackCommerce will join properties like Fandom and Goal.com.

Media 134

Media Commerce Company Companies 134

Startup Professionals Musings

APRIL 23, 2013

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Don’t think about the exit.

Equity 96

Equity Startup Summary Tips 96

socalTECH

JUNE 4, 2013

Los Angeles-based Daqri , a developer of augmented reality technology, announced this morning that it has raised $15M in a private equity funding. The funding came from Tarsadia Investments. DAQRI said that Troy Carter, founder of the Atom Factory, joins the company''s board with the funding. READ MORE>>.

Technology 147

Technology Entertainment Equity Los Angeles 147

socalTECH

DECEMBER 27, 2018

Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. Seismic, a sales software company, raised $100M and became a unicorn.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

Startup Professionals Musings

OCTOBER 16, 2023

There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations. Forecast sales-volume expectations. Be willing to give up 20 to 33 percent of your equity to support this.

Startup 116

Startup Pricing Sales Statistics 116

Berkonomics

MAY 22, 2014

Bill Payne has been actively involved in angel investing since 1980, funding over 50 companies and mentoring over 100 more. He is the recipient of the coveted “Hans Severiens Award form the Angel Capital Association, its highest honor. . I don’t fund new companies that have prepared PPMs for investment.

Writing 199

Writing Invest Entrepreneur Equity 199

socalTECH

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. MarketShare's software helps companies adjust their marketing mix, to better drive sales. READ MORE>>.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

DECEMBER 9, 2008

Los Angeles-based Momentum Venture Management has funded a firm in the energy space, PhoenixESG, PhoenixESG said this morning. Amount of the funding was not disclosed. Matt Ridenour, who is a Managing Partner at Momentum Venture Management, has been named CEO of PhoenixESG as part of the funding.

Funding 100

Funding Equity Los Angeles Sales 100

socalTECH

JULY 22, 2010

Los Angeles-based Leadpoint , a developer of an online marketplace for sales leads, has raised $6.5M funding round, according to a regulatory filing by the firm today. Source of the new funding, which came from nine investors, was not disclosed. The filing indicates the equity round opened on July 15th.

Redpoint 168

Redpoint Venture Capital Equity Los Angeles 168

socalTECH

OCTOBER 7, 2014

It''s not often that startups come out of the gate, backed by a private equity investor. However, Los Angeles-based Colony Logic (www.colonylogic.com) is one of the few, having gotten its initial backing from private equity firm Blackstone. How are you backed, it looks like you''re entirely private equity backed?

Help 226

Help Equity Startup Sales 226

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.

Venture Capital 471

Venture Capital Writing Invest Pricing 471