socalTECH

JUNE 15, 2010

Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M Zag is developing auto buying and configuration software used by groups such as the AAA, USAA, Overstock.com, and other groups to provide their members with pre-negotiated fleet and group rates on new automobiles.

Zag 154

Zag GRP Partners Anthem Santa Monica 154

socalTECH

JANUARY 12, 2015

Varma is actually a former technology investor at Santa Monica-based venture capital firm Anthem Ventures, and we thought it would be great contrasting his experience starting and running a restaurant franchise with the technology startup world. Samit Varma: The franchise model is a lot like the software royalty model. READ MORE>>.

Startup 100

Startup Anthem Venture Capital Technology 100

socalTECH

FEBRUARY 5, 2009

Santa Monica-based Zag has finally revealed the total invested in its latest, strategic round of funding, saying Thursday that it raised $37.4M. The round came from USAA, and included Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. Tags: venture software capital automotive. READ MORE>>.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

socalTECH

SEPTEMBER 10, 2008

Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. All of the venture funders in TrueCar are investors in Zag, and amount of the investment was not disclosed.

Zag 133

Zag Truecar CarsDirect Arcturus 133

Both Sides of the Table

JUNE 18, 2010

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. An investment doesn’t guarantee your product will suddenly be on the investor’s price sheet. DST invested $180mm last fall.

Venture Capital 225

Venture Capital Google Web Sites 225

socalTECH

OCTOBER 4, 2010

The company provides SAT, ACT, and other similar test preparation courses and related software. We took the recent round, because Jake and I feel very passionately about our social missions, and, about four years ago, we started developing the software to create software. So, we're pretty connected with the community.

Software Review 178

Software Review Technical Review Education Startup 178

socalTECH

FEBRUARY 16, 2012

To address that, Los Angeles-based FileTrek (www.filetrek.com) announced a funding round for its cloud-based software for sharing enterprise and business files yesterday. What our software does, is it allows that collaboration to take place, but also keeps track of that. Dale's last firm, Integrien, was sold to VMware in 2010.

EC2 150

EC2 Los Angeles Web Anthem 150

Tech Zulu Event

JANUARY 26, 2016

The issue of cyber-espionage, targeting companies like Target, Home Depot and Anthem Insurance, continues to be a concern. The industry will continue to invest heavily in educating people and convincing them to try internet security products (free versions & life-time trials). One of the stars of 2015 was undoubtedly Slack.

Commerce 40

Commerce Mobile Technical Review Google 40

Both Sides of the Table

JULY 10, 2012

I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers. But there does seem to be huge startup energy around the Flatiron District / Union Square. GRP’s offices are near Beverly Hills.

Technology 313

Technology Rustic Canyon Cloud Computing Beverly Hills 313