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SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels.

Correlation Ventures Raises $200M In New Investment Fund

socalTECH

Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brings its total assets under management to $366M. READ MORE>>.

Why Most Online Video Companies Will Fail

Both Sides of the Table

I live in LA and fund startups. “You can’t build a large online video company. Most will fail. Here is an example.

The Honest Company Gets $70M

socalTECH

The funding brings the company''s total raised to $122M. READ MORE>>.

ROX Medical Gets $40M Funding

socalTECH

San Clemente-based ROX Medical , a startup developing medical devices to treat hypertension, has raised $40M in a Series E funding, the company said this morning. The funding was led by Novartis Venture Fund and Apple Tree Partners and also included prior investors Versant Ventures and Domain Associates. READ MORE>>.

What I’ve Learned About Venture Funding

Both Sides of the Table

VC funding. Too much money too early often f s companies up. But that would be 4 companies just this week. blog here ). Promise.

L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

Kareo Gets $15M Debt Funding

socalTECH

Irvine-based Kareo , which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. The company said the new funding brings its total raised to $47M in 2014. Terms of the new funding were not announced.

Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

Southern California companies raised $2.49 The boost in funding came despite a lower overall deal count, with 89 funding deals in Q2, versus 97 in Q1. The big numbers were directly impacted by several large fundings in Southern California--most notably, a giant, $1.27 billion round for Venice based Snapchat. READ MORE>>.

CrownPeak Gets $50M In Merger With UK Company

socalTECH

Los Angeles-based web content management software developer CrownPeak has raised $50M in a funding round, and merged with UK-based ActiveStandards , according to the two companies. According to the companies, the combined company will be based in Los Angeles, and will also have locations in Denver and London. READ MORE>>.

Practice Entrepreneurship With A Purpose – Before You Start A Company

InfoChachkie

If you are networking to assist a startup you are advising, you can substitute the company’s pitch for your personal pitch. Unknown. Great.

Core Innovation Capital Backs Mosaic's $220M Funding

socalTECH

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. The company is based in Oakland. Core Innovation Capital is very active nationally in fintech investments, and raised a big fund in 2015. READ MORE>>.

CTO Equity and Compensation at Venture Backed Companies

SoCal CTO

I'm a little surprised that CTO Founders with growth capital funding only have 15% of their companies. Here are a few slices of it.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. often see companies burning $100,000 per month (net) looking to raise $6-8 million. ” I highly recommend reading it. Let’s set up a framework. Here’s

Calacanis Debuts LAUNCH Fund I To Back 100 Companies

socalTECH

Jason Calacanis , the serial entrepreneur, angel investor, and conference organizer, announced Tuesday morning that it has closed his first, formal angel investing fund, The LAUNCH Fund I. Calacanis said the fund will invest $100-$250K in 50-100 startups. LPs in the fund include Calacanis, David Sacks, and others.

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.

Three LA Companies Pursuing Gawker Media

socalTECH

Three, Los Angeles area media companies-- Univision , Ziff Davis (a unit of J2 Global) and Penske Media --have all been named as possible bidders on bankrupt, Silicon Valley publication Gawker Media , according to reports today, which say Ziff Davis has submitted a $90M bid for the company. Penske is the owner of Deadline and Variety.

University of California Plans $250M Venture Capital Fund

socalTECH

The fund would seek to invest in companies started on campus, from University research, and from students. READ MORE>>.

Should Startups Announce Their Funding?

Both Sides of the Table

Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. 1. Benefits.

Changes in the Venture Capital Funding Environment

Both Sides of the Table

In other words, it isn’t that VCs suddenly got smart, it’s that the costs of starting a company went down dramatically. Explosion in Seed Funds.

Appetize Raises $20M In Funding, Ramps Hiring

socalTECH

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>>.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

Ask the Angels

million Series A funding in Edufii Inc., Other participants in the funding round include the Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures and coaching industry private investors including Tiger Woods’ first coach Rudy Duran. DFJ Frontier and Pasadena Angels have led a $1.4 Read more here. Tweet Tweet.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

However, in many cases, acquiring companies behave less rationally than Mr. Jackson. VC Funding Alternative. My House Is Not For Sale.

Invested.in Turns Attention Towards Funding Companies

socalTECH

Los Angeles-based Invested.in , the online crowdfunding service headed by Alon Goren, is shifting its focus towards helping companies raise money from accredited investors. boostfunder investedin crowdfunding crowd funding financial angelAdam Draper is the founder of Xpert Financial. READ MORE>>.

Why The Next Generation of Online Video Companies Will be Vertical

Both Sides of the Table

Mitu Network is the largest digital media company for Latinos in the US and also targeting Mexico and South America. AOL and the like. Scripted.

The Bouqs Company Finds $12M For Flower Delivery

socalTECH

Venice, California-based The Bouqs Company , the direct, cut-to-order flower delivery provider led by John Tabis, is announcing today that it has raised $12M in a Series B funding. The funding brings the company's total raised to $20M. according to CEO Tabis. READ MORE>>.

SoCalGas Creates $1M Fund For Clean Technology Startups

socalTECH

socalgas company utility investment fund cleantech incubator accelerator laci READ MORE>>.

10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

As Guy Kawasaki pointed out in our recent conversation , “…it is cheaper than ever to start a company. Basically, everything is free. Thomas J.

Mucker Capital closes on $45 million for an early-stage LA-based fund

TechCrunch LA

Santa Monica-based Mucker Capital has raised $45 million for its third fund, Mucker III. “We are founders, just like the… Read More.

Unitas Global Gets Funding For Private Cloud Efforts

socalTECH

Los Angeles-based Unitas Global , a new, cloud services company founded by infrastructure veteran Grant Kirkwood, said today that it has raised a new funding round, from MK Capital and Azure Capital. Size of the funding round was not announced. enterprise infrastructure capital venture funding cloud private global unitas

TVC Capital Raises $115M Software Fund

socalTECH

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

Sales 30

Radicle Accelerator Fund Launches to Nurture AgTech Innovation

Xconomy

So far, Radicle has closed on $6 million in funding, and the accelerator expects its pot will reach up to $15 million.

Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

[ Note: The headline has been corrected to better describe the company’s type of funding. 9/27/16, 2:09 p.m. Bregua Corp.,

Aligned TeleHealth Gets Angel Funding

socalTECH

Size of the funding was not announced. The company said the funding came from Deepak Chopra, the CEO and founder of OSI Systems, and Hector Sulaiman, CEO of Controles Graficos. Both join the company''s board of advisors. Aligned Telehealth is led by Nitin Nanda. READ MORE>>.

What To Do When Your Competitor Gets Funded?

Both Sides of the Table

We will have two well-funded companies educating the market on why this market opportunity for the $24 billion US storage market is ripe for disruption. When we funded Sam , Rahul and team at MakeSpace > 2.5 What should you do when a competitor announces a big fund raise? This morning Clutter.io Congratulations.

Cooley Attorneys Setting Up Venture Fund

socalTECH

It's unclear how and if the new venture fund will invest in any of the firm's new Silicon Beach clients. READ MORE>>.

How to Develop Your Fund Raising Strategy

Both Sides of the Table

raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Fund raising is bloody hard.

SteelHouse Adds $49M In Funding

socalTECH

Los Angeles-based advertising software developer SteelHouse is announcing this morning that it has raised $49M in a new funding round. The funding was led by Mercato Partners, and also included Staley Capital and Silicon Valley Bank. SteelHouse is led by Mark Douglas. READ MORE>>. capital venture software advertising adtech steelhous

Ecinity Scores Funding Round

socalTECH

Los Angeles-based Ecinity , a developer of online, automated marketing software for the SMB market, has raised a round of funding from Siemer Ventures and others, according to details on investments released by Siemer Ventures yesterday. Ecinity, which is still in stealth mode, is one of the companies in the MuckerLab accelerator.

The Full Dataset on What VCs are Thinking About Funding in 2016

Both Sides of the Table

We use this try to draw some context that informs our funding decisions. Of course we fund companies in good markets and bad.