Southern California Companies Raise $1.46B In VC In Q3 2015
OCTOBER 15, 2015
Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 raised in 15 companies.
Ten Of The Top Tech Companies For Employees In LA
NOVEMBER 9, 2012
Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. OpenX.
What is the Right Burn Rate at a Startup Company?
Both Sides of the Table
SEPTEMBER 28, 2014
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
The Silent Killer – The Company Your Community Never Created
Both Sides of the Table
NOVEMBER 15, 2014
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.
Southern California Companies Raise $2.49 Billion In VC In Q2
JULY 15, 2016
Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. billion raised in the region just a year ago in Q1 of 2015.
Report: Snapchat Raises $175M More
MARCH 4, 2016
According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. Snapchat has now raised more than $1.2 READ MORE>>.
“Built In L.A.” Releases Its First Los Angeles Digital Startup Report
Tech Zulu Event
APRIL 25, 2013
As we reported earlier, Built in L.A., It is hard to keep up with the newly formed companies and deals. Built In L.A Board Member.
Tech Coast Angels Number Two In Angel Investments Report
APRIL 16, 2013
According to the report, the Tech Coast Angels slipped from last year''s number one position, due to the activity of the New York Angels.
MySetLife Adds Content From Hollywood Reporter, FilmContact.com
APRIL 6, 2011
mysetlife hollywood reporter producer content filmmaker investedinDetails of the business arrangements with those firms was not announced.
Los Angeles Has 5 Percent Of All Unicorns, Says Report
FEBRUARY 3, 2016
Los Angeles has 8 percent of all the "unicorn" companies globally, according to a new study released Wednesday by the University of Southern California's Marshall School of Business. The school said the study companies as a unicorn if they exceeded a value of $1 billion during any month between January 2014 and the end of 2015.
Report: Honest Co. Prepping For IPO, Hires Bankers
FEBRUARY 5, 2016
A report Friday from Bloomberg says that Los Angeles-based Honest Co. The report says that Honest Co.'s Honest Co. billion. READ MORE>>.
Once High Flying Ouya On Block, Says Reports
APRIL 29, 2015
Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.
ServiceNow Wins Israeli Telecom Company
AUGUST 5, 2013
San Diego-based enterprise IT management provider ServiceNow reported a win today with Israeli telecommunications provider Partner Communications Company Ltd. Financial details of the win were not announced. Partner Communications service more than 3 million cellular subscribers in Israel, under the Orange brand. READ MORE>>.
Music Reports Inks Major Deal With Pandora
SoCal Tech Calendar
JUNE 8, 2016
Woodland Hills-based Music Reports , which provides music rights administration services to the music industry, has inked a big deal with streaming music service Pandora. According to Pandora, it has tapped Music Reports to manage the mechanical licensing and royalty administration for its upcoming interactive streaming service.
Remember The Phone Company? It’s Back And It’s Called Facebook
MAY 19, 2014
Quick - name a phone company. Yep, Facebook is a phone company. The post Remember The Phone Company? AT&T? Verizon?
Spokeo Hits 150 Employees, Reports Growth
DECEMBER 17, 2014
Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. READ MORE>>.
Explaining FNAC: Feature, Not a Company
Both Sides of the Table
AUGUST 22, 2011
Feature, not a company. Whether something is a feature or a company is clearly subjective. It has always stood out in my mind. Why? 1.
Ross Levinsohn Named Head of The Hollywood Reporter
JANUARY 15, 2013
THR said that Levinsohn will be in charge of identifying new media businesses in which the global financial services company can invest -- or acquire.
Music Reports In Expansion
DECEMBER 5, 2011
Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. The company said it now has more than 100 employees. Music Reports is backed by ABRY Partners. READ MORE>>.
Report: Lynda.com Tops $70M In Annual Revenues
MAY 4, 2012
The new revenue numbers came via TechCrunch. READ MORE>>. lynda instruction online video help tutorial education
Report: Hulu Hires Guggenheim Partners To Sell Company
APRIL 17, 2013
A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.
Los Angeles Accelerator Report Card: Too Early To Tell
JULY 23, 2012
For our first measure, we tabulated the venture capital raised by accelerator firms --that is, companies that are tied to local accelerator/incubators.
Southern California Accelerator Report Card: Q1 2013
APRIL 12, 2013
For our first list, we tallied the venture capital raised by portfolio companies of. companies in the last year. Our analysis.
Report: IPO Fever Lifting Valuations, Slowing M&A
MAY 16, 2012
A report today says that "IPO fever" is lifting valuations of technology companies, while slowing the pace of mergers and acquisitions.
Yardi Wins Property Development Company
DECEMBER 31, 2014
Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Financial impact of the win was not disclosed. Yardi said Pennrose is using its software to handle HUD compliance, online leasing, and check scanning, among other functions. READ MORE>>.
Report: Los Angeles, New York Better For Female Founders
JANUARY 29, 2016
A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. READ MORE>>. female founders investment entrepreneur founded venture capital
Follow the Leader | California Regulators Approve Transportation Ridesharing Companies
Tech Zulu Event
SEPTEMBER 20, 2013
The post Follow the Leader | California Regulators Approve Transportation Ridesharing Companies appeared first on TechZulu.
Report: Fidelity Writes Down Investment in Snapchat
NOVEMBER 10, 2015
A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.
Reports: Lumedyne Technologies Acquired By Google
JUNE 5, 2015
San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. The deal reportedly happened in November, and was worth $85M. The company was founded by Brad Chisum and Dr. Richard Waters. READ MORE>>.
Lytx Wins Michigan Trucking Company
MARCH 21, 2016
San Diego-based Lytx , which develops camera-based driver monitoring systems for the fleet transportation market, reports a win this morning with a Michigan based trucking company, Martin Transportation Systems. Lytx said Martin will use its DriveCam products for its 1,3000 drivers. Financial impact of the win was not disclosed.
Report: Western Digital, Other Hard Drives Compromised By Spy Group
FEBRUARY 17, 2015
A report, published this morning, says that hard drives from Lake Forest-based Western Digital , as well as those from fellow hard drive companies Maxtor, Samsung, IBM, Micron, Toshiba, and Seagate--had secretly been compromised by a secretive hacking group linked to the US intelligence community. READ MORE>>.
Ad Tech Falls Out Of Favor, Says Report
JUNE 12, 2015
Ad tech companies, once the darling of Sand Hill Road, are having a hard time even getting a meeting , according to the report. Venture capitalists, who once were pouring money into the advertising technology area, have shut off the spigot for ad tech--according to an article in the WSJ this week. READ MORE>>.
Report: Snapchat Raising $100M
JUNE 7, 2013
READ MORE>>. snapchat venture capital rumor valuation photo messaging mobile
Amazon Plans Set-Top TV Box, Says Report
APRIL 24, 2013
report today from Bloomberg says that Amazon.com is planning to release its own, set-top TV box later this year, which will bring the company''s streaming video services directly to living rooms. The new set-top box looks to fulfill a role for video that the company''s Kindle e-readers do for books. READ MORE>>.
Patrick Soon-Shiong Eyes LA Times, Says Report
SEPTEMBER 23, 2015
Patrick Soon-Shiong , the biotech billionaire behind LA's NantWorks family of companies, is reportedly eyeing a bid for the LA Times.
SoCal's Online Video Companies Weigh In On Gangnam Style Earnings
DECEMBER 5, 2012
Based on recent figures from a number of Southern California's online video companies, anything from $870,000 to $1.7M. READ MORE>>.
Report: Yahoo Eyeballs Maker Studios
NOVEMBER 20, 2012
A report this morning from AllThingsD says that Yahoo is on the prowl for companies, and has been looking at Maker Studios. READ MORE>>.
Fisker Automotive May Sell For $25M, Says Report
AUGUST 27, 2013
But it appears, the company is possibly being acquired for just $25M , by a group of German investors. READ MORE>>.
Report: LegalZoom Nears IPO
FEBRUARY 29, 2012
Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks. Brian Lee now heads up fashion site ShoeDazzle.
Congrats To The Spotlight: LA Tech Winter Presenting Companies at Caltech
Tech Zulu Event
JANUARY 30, 2012
Months of submissions and the amazing help from our judges , the Spotlight is shinning down on awesome companies that were born right out of Southern California. And now without further ado I present the Spotlight: LA Tech Winter Companies: Spotlight Companies. Bill serves on the boards of directors of numerous companies.