socalTECH

JANUARY 2, 2020

Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. One of our SaaS companies made great strides with a new product.

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Capital SoCal Southern California SaaS 100

Both Sides of the Table

JULY 27, 2014

What you’ll see if you watch the video is an unscripted and unfiltered look into how Scott Kupor & I see some of the changes and challenges of the venture industry. The only point we didn’t seem totally aligned on was what we happening to the “middle of the VC market.” tl;dr version.

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Venture Capital SaaS Writing Funding 309

socalTECH

FEBRUARY 25, 2020

The company says its financing will enable companies to grow without additional costs to customers and without diluting their current cap table. Craft Ventures is the venture inevstment firm led by former PayPal executive David Sacks. Pipe is led by Harry Hurst, Josh Mangel, and Zain Allarakhia.

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SaaS Seed Funding Los Angeles Platform 124

TechCrunch LA

DECEMBER 5, 2018

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. If customers are doing the things i want them to be doing through my product. . “MetaCX sits above any digital product,” McCorkle says.

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Chief Technology Officer SaaS Metrics Custom 145

socalTECH

JANUARY 12, 2011

Corent CEO Feyzi Fatehi confirmed the round, saying that the firm is seeing lots of traction from firms looking to "SaaS"-ify their software. The firm is targeting enterprise customers with its offering, and has a major deal with IBM to help customers move their software into the cloud.

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SaaS Tool Funding IBM 157

InfoChachkie

AUGUST 22, 2016

My venture firm, Rincon Venture Partners recently teamed with Jason Lemkin, Founder of SaaStr , to host the first SaaStrX event. We had a spirited discussion regarding a number of issues related to blowing past $10M in annual recurring SaaS revenue, in front of a sold-out crowd of about 400 entrepreneurs.

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Custom Customer Cornerstone OnDemand Metrics 100

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. We build product roadmap software – it’s a SaaS company based here in Santa Barbara, California. Semick: They are.

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Venture Capital Entrepreneur Santa Barbara SaaS 115

TechCrunch LA

APRIL 27, 2021

The investment also brings its total capital raised since its 2008 inception to $386 million. Clio has more than 150,000 customers across 100 countries. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.”

Platform 244

Platform Equity SaaS Los Angeles 244

Both Sides of the Table

SEPTEMBER 22, 2012

He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically. “Why do founders want to take the VCs’ money? .” After all, growth equals high valuations and loads of venture capital!

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Startup Venture Capital Entrepreneur Technical Review 390

socalTECH

MAY 29, 2013

According to Numecent, the funding was led by T-Venture, the venture capital arm of Deutsche Telekom. The firm is targeting independent software vendors (ISVs), managed service providers, enterprise customers, and telcos with its tools. Numecent is also backed by Endeavor Ventures. READ MORE>>.

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Software Technology SaaS Venture Capital 147

Both Sides of the Table

SEPTEMBER 28, 2014

There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). Availability of Capital. ” Whatever answers they have manufactured the only thing I hear is, “Because we can.”

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Startup Company Companies .Net 383

Tech Zulu Event

MAY 28, 2013

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise.

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SaaS Cloud Computing CIO Web 92

Both Sides of the Table

JANUARY 14, 2014

In fact 61% of all mobile searches where a customer contacts a business it is via a phone call (source: Google). It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. People don’t want to speak to customer service reps. Not so fast.

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Email SaaS Venture Capital Google 339

socalTECH

JANUARY 14, 2016

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE. READ MORE>>.

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Custom Customer Software Services 100

Both Sides of the Table

MAY 6, 2018

As a VC with scores of startups in our portfolio we have ringside seats to many, many fund raising processes plus I had to raise money across about 5 different rounds of capital as an entrepreneur so I’ve developed some thought on the process that I hope can be helpful to some of you before you start. Let me give you an example.

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Funding Venture Capital Startup Entrepreneur 236

socalTECH

AUGUST 20, 2010

The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital. The firm said it reached nearly $10M in revenues in 2009, and has over 9,300 customers in 62 countries. Tags: mindbody software saas venture capital. READ MORE>>.

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Software Tech Coast Angels SoCalTech Pasadena Angels 181

SoCal CTO

AUGUST 3, 2010

5 Lessons from 150 startup pitches - A Smart Bear: Startups and Marketing for Geeks , July 11, 2010 I just reviewed several hundred startup pitches for Capital Factory. So, I’ve had about 4 years on the “inside” of a fast-growing, venture-backed B2B SaaS startup. Most were on paper and video; 20 were invited to pitch in person.

Startup 217

Startup Venture Capital Blogging Software Review 217

Xconomy

MAY 16, 2018

CEO Gerry Widmer said Wednesday the San Diego-based company is expanding its workforce and extending its Web content management system (WCMS) to international customers. After establishing a partnership with the Google Cloud Platform, Zesty.io founder Randy Apuzzo at the end of 2017.

Google 49

Google San Diego SaaS Capital 49

TechCrunch LA

SEPTEMBER 13, 2021

With the new capital, SpotOn has raised $628 million since its inception. 4 key areas SaaS startups must address to scale infrastructure for the enterprise. While the Series E capital is primarily funding the acquisition, SpotOn continues to double down on its product and technology.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

Both Sides of the Table

MARCH 30, 2016

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x We knew better than to start funding raising in August, when larger VC firms have a harder time assembling full decision teams – so in August we would plan and September we would commence.

Funding 150

Funding Startup SaaS Venture Capital 150

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. It’s funny how scarcity of capital can focus one’s mind. Customer acquisition cost. If you can’t raise — you’re dead.

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Metrics Startup SaaS Course 150

socalTECH

JULY 27, 2021

Culver City-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers'​ environments, has raised $50M in its Series C funding, the company said Tuesday.

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Culver City Software Platform Custom 113

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

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. In the Early Days. Reviewing financial & operational performance. Mentorship.

Startup 325

Startup Sales Technical Review Software Review 325

Both Sides of the Table

JULY 1, 2015

. “the ecommerce company gained fauxmentum by raising artificially high amounts of venture capital and spent lavishly on customer acquisition despite long payback periods and questionable LTV” __. get out and raise money now because when markets change they change on a dime and capital completely dries.

Startup 150

Startup Marketing Custom Customer 150

Both Sides of the Table

AUGUST 20, 2015

VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. It forces innovation.

Funding 150

Funding Venture Capital Startup Marketing 150

socalTECH

OCTOBER 27, 2021

The Series C funding was co-led by co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners. According to the company, it has tripled its revenue, and now counts such clients as McDonalds, Booking.com, Papa Johns, and Netflix as customers.

Netflix 140

Netflix San Diego Software Development Funding 140

socalTECH

FEBRUARY 24, 2020

Glendale-based Reveleer (www.reveleer.com) is a developer of cloud-based software used for managing medical data, and recently announced a Series C funding round from investors Boston Millenia Partners and Upfront Ventures. I've been a sales leader, a Chief Revenue Officer, Head of Customer Success. What is Reveleer?

Artificial Inteligence 113

Artificial Inteligence SoCal Southern California Software 113

socalTECH

JUNE 28, 2021

According to Tapcart, the funding was led by Left Lane Capital, and also included Shopify, SignalFire, Greycroft, Act One Ventures, and Amplify LA. Tapcart says its platform allows cusomers to create apps using drag-and-drop, codeless tools which merchants can customize for their customers.

Commerce 113

Commerce Mobile Santa Monica Tool 113

Both Sides of the Table

MARCH 23, 2015

One of the questions we discussed is, “How much capital should a startup raise?” ” Fred & I are both in agreement that there is a tension between capital constraints and creativity. Fred is generous with his time and advice and I hope has shaped a generation of VCs for the better. That always stuck with me.

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Venture Capital Startup Writing Blogging 150

socalTECH

MARCH 6, 2013

Those features include iPad compatibility, bulk uploading of files, secure communications and conversations, custom branding, and automated PDF report generation features.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

NOVEMBER 14, 2019

in a funding led by Orange County's Okapi Venture Capitalis looking to help direct to consumer brands use better data to direct their marketing and other efforts. That makes it difficult to figure out what it costs to acquire a customer, and what a customer is worth. Dan LeBlanc: Shopify loves their partner ecosystem.

Startup 113

Startup Platform Commerce San Diego 113

Both Sides of the Table

JULY 25, 2010

“Yes&# was given to me by one of my favorite angel investor / seed VC’s to work with – John Greathouse of Rincon Venture Partners and author of the blog InfoChachkie that you should check out because it is filled with great info from a guy who has been a very successful operator. So what are you waiting for?

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Guide Funding Venture Capital Technical Review 293

socalTECH

JUNE 24, 2021

The funding was led by GGV Capital, and also included Okta Ventures, Silicon Valley CISO Investors (SVCI), Cowboy Ventures, and Leaders Fund. Drata said its current customers include Clearco, SmartRecruiters, The Good Face Project, 360 Insights, and Trust & Will. Photo: Drata's founders).

Software 113

Software Seed Funding San Diego Funding 113

Both Sides of the Table

JULY 23, 2013

I have long advised startup companies that if you don’t control your messaging somebody else will and your potential customers will form impressions of you shaped by somebody else or by nobody at all. It will affect your ability to get the right jobs and promotions as well as your ability to attract talent and capital.

Technical Advisors 385

Technical Advisors Marketing Startup Venture Capital 385

TechCrunch LA

AUGUST 15, 2018

It was from their hometown Los Angeles exurb, that Kim and Lee first began plotting how they would turn their experience working for PriceWaterhouseCoopers and Ernst & Young (respectively) into the software business that just managed to rake in $40 million in financing led by one of venture capital’s most-respected firms, Battery Ventures.

Startup 155

Startup Cerritos Los Angeles IBM 155

socalTECH

OCTOBER 6, 2017

We're the official mobile app for whatever our customer is. Laurence Sotsky: I've been working in the software-as-a-service space for some time, in medium-sized, venture capital backed companies. Previous to this, I ran a custom, mobile application development shop. What do your apps do?

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Mobile Platform El Segundo UCLA 162