socalTECH

FEBRUARY 23, 2015

Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., However, the company also made some big cuts in its staff on Friday, following the funding round. The company has now raised nearly $100M in funding over its lifetime. READ MORE>>.

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Layoffs Redpoint Hollywood Report 100

socalTECH

OCTOBER 4, 2012

Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle recently re-installed co-founder Brian Lee as CEO, let go of its prior CEO, and apparently raised a small round of venture funding in recent weeks.

Report 185

Report Layoffs Commerce Press 185

socalTECH

FEBRUARY 27, 2015

Los Angeles-based online fashion retailer Nasty Gal has raised $12.7M, as part of an ongoing venture funding targeted at $16M, according to a regulatory filing by the firm this week. Source of the new funding was not announced. The new funding brings the company''s total raised to $61.7M. READ MORE>>.

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Layoffs Venture Capital Los Angeles Funding 100

socalTECH

JANUARY 30, 2009

For more on the economy, Janine Davis, a guest contributor and recruiter in Los Angeles, talks about The State of Technical Recruiting in Los Angeles in our Insights and Opinions section. In other funding new, Slacker has apparently raised a bridge financing worth $5M--no comment yet from the firm's investors.

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Southern California Layoffs Mixergy News 100

socalTECH

OCTOBER 12, 2016

Los Angeles-based fashion website NastyGal is apparently in the midst of a "cram down" round--a round where the current shareholders in a company essentially reset the equity structure of a company that usually forces non-participating investors to lose most, if not all of their stake in the company. READ MORE>>.

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Report Layoffs Equity Los Angeles 100

socalTECH

JULY 18, 2012

Seal Beach-based photovoltaic power firm Amonix has shut its Las Vegas factory, according to a report from the Los Angeles Review-Journal, some further bad news for the heavily backed solar panel manufacturer. The firm has had a series of layoffs since then. Amonix--which had raised $129.4M

Report 124

Report Layoffs Journal News 124

socalTECH

MAY 7, 2009

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. READ MORE>>.

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Layoffs Hollywood Entertainment Incubator 113

socalTECH

NOVEMBER 25, 2008

A spokesperson at the firm told socalTECH that the shutdown occurred yesterday, and that the firm is now in the process of looking for buyers of its technology. High Tower was backed by Falcon Fund, Hallador Venture Fund, INROADS Capital Partners, J.F. The firm had raised at least $24M in funding, and was founded in 1999.

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Software Tech Coast Angels SoCalTech Funding 124

socalTECH

JUNE 21, 2019

We write checks from $500K to a million dollars, and we like to fund engineers turned entrepreneurs. We had to do a reduction-in-force and layoff early in our career, and I thought we were done. What's the hardest part of being a startup entrepreneur? Minnie Ingersoll: We do early stage investing. That's not any one thing.

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Southern California Startup Layoffs Venture Capital 133

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

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Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

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Demand Los Angeles Sales Invest 100

socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). Ryan Blair: The theme around the fund is pretty simple. So where is the fund now?

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Venture Capital Entrepreneur Technical Review Software Review 100