socalTECH

AUGUST 31, 2021

Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company did not disclose its current revenues, but said it has seen "record growth" in the first half of FY21.

Santa Barbara 187

Santa Barbara Venture Capital Acquisition Software 187

socalTECH

DECEMBER 13, 2022

Santa Barbara-based Beni, a startup which lets users find and buy secondhand apparel and accessories, said this morning that it has raised $5M in funding. According to the company, the funding was spit between a seed round of $4M, and earlier pre-seed and seed funding.

Software 113

Software Seed Funding Santa Barbara Startup 113

socalTECH

OCTOBER 14, 2010

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. raised by companies in the sector.

Southern California 195

Southern California Venture Capital Orange County Rustic Canyon 195

socalTECH

NOVEMBER 24, 2020

Santa Barbara-based WELL Health , a startup which offers up patient communications tools to healthcare providers, payers, and others, has raised $45M more in a SEries C funding round, the company said this week. According to the company, it has now raised $75M in total funding since it was founded in 2015. READ MORE>>.

Santa Barbara 113

Santa Barbara Venture Capital Tool Capital 113

InfoChachkie

AUGUST 29, 2011

I do not advocate that you perform unnatural acts in an attempt to make your company more advantageous to venture funding. LOCATION: I Wish They All Could Be California Companies. A clear trend over the past 15-years is that many Silicon Valley venture capitalists enjoy investing within driving distance.

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

socalTECH

APRIL 2, 2021

Santa Barbara-based Entrada Ventures, a venture capital firm led by Alexander Fang, the former co-founder of Aurrion (acquired by Juniper Networks), has raised $1.6M in a special purpose venture investment fund. The SPV was disclosed through a regulatory filing.

Santa Barbara 113

Santa Barbara Venture Capital Invest Funding 113

socalTECH

OCTOBER 25, 2021

Santa Barbara-based Eyko, a new startup focused on "data preparation, blending, and streaming", says it has raised $2.5M in a Seed funding round, the company announced this morning. The company said its software moves technical data preparation tasks usually performed by IT to non-technical business users.

Software 202

Software Santa Barbara Seed Funding Invest 202

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. If you want to understand how the VC industry is changing there is a great primer in the link.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

JULY 22, 2020

Santa Barbara-based TrackStreet , a developer of brand protection software, has raised $5.1M The company says it already has customers such Domestic, Mercury Marine, Smuckers, The Weyco Group, and Zeiss. in a funding round. The founder and CEO of TrackStreet is Andrew Schydlowsky.

Artificial Inteligence 124

Artificial Inteligence Santa Barbara SaaS Venture Capital 124

socalTECH

JANUARY 9, 2023

Santa Barbara-based Live Data Technologies said this morning that it has raised $5M in a Series A funding round. The company says it is developing software to verify B2B contact data for people, tracking people as they move jobs. Source of the funding was not announced.

Technology 100

Technology Santa Barbara Funding Software 100

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Goliath” mythology take on the titans of industry and wins. This “overnight success” was first financed in 2004. Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

NOVEMBER 24, 2014

Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics , on a new $4M funding round for the company. The company also counts Cue Ball and Daher Capital as investors. READ MORE>>.

Rustic Canyon 138

Rustic Canyon Santa Barbara Venture Capital Software Development 138

socalTECH

MAY 26, 2020

Goleta-based Apeel Sciencs , a startup developing technology which coats fresh fruit and vegetables with what it calls an "extra peel" to help preserve fruit for longer, has raised a huge, $250M funding round, the company said on Tuesday. The funding was led by GIC. READ MORE>>.

Santa Barbara 124

Santa Barbara Funding Southern California Capital 124

socalTECH

JANUARY 14, 2014

Santa Barbara-based Invoca -- better known here by its prior name, RingRevenue -- said this morning that it has raised $20M in a Series C financing round. The startup, led by Jason Spievak, said the new funding was led by Accel Partners, and also included prior investors Upfront Ventures and Rincon Venture Partners.

Marketing 212

Marketing Santa Barbara Venture Capital Sales 212

socalTECH

AUGUST 25, 2014

According to Lastline, the funding came from Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. Santa Barbara computer science researchers. The company says it has now raised $24M in funding. READ MORE>>.

Santa Barbara 159

Santa Barbara Redpoint Venture Capital Research 159

SoCal Tech Calendar

JUNE 23, 2011

In addition to all the local startup folk, we're gonna be joined by a bunch of VCs, have a SHORT talk about Venture Capital, Fundraising, etc. from VC Frank Foster of DFJ Frontiers Santa Barbara office and Gregg Lavin from uSamp, a 101 corridor company that is kicking butt and works with local VCs Greycroft and DFJ Frontier.

Venture Capital 113

Venture Capital Santa Barbara Startup Capital 113

socalTECH

DECEMBER 3, 2014

Santa Barbara-based whole home music system maker Sonos has raised $130M in a new funding round, according to a regulatory filing from the firm. No details of the funding have yet been announced by the company. According to the filing, eight investors participated in the new funding for the company. and Redpoint Ventures.

Funding 149

Funding Santa Barbara Redpoint Venture Capital 149

socalTECH

NOVEMBER 6, 2013

A report today says that Santa Barbara-based Sonos , the developer of the user-friendly wireless home audio systems, has raised $25M in a secondary funding, which will go towards buying out fully vested employees. No details on the funding have been announced or released by the company. READ MORE>>.

Santa Barbara 147

Santa Barbara Venture Capital Report Capital 147

socalTECH

AUGUST 13, 2013

Santa Barbara-based AnsibleWorks announced today that it has raised $6M in a Series A round, to go towards the company''s open source, IT automation tools. The funding was led by Menlo Ventures. The company''s CEo is Said Ziouani. ansibleworks automation software tools venture capital open source'

Tool 174

Tool Santa Barbara Venture Capital Software 174

InfoChachkie

JANUARY 16, 2018

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community. 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.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

NOVEMBER 17, 2021

Santa Barbara-based Cognixion, a startup which says it is developing a non-invasive, wireless brain-computer interface with augmented reality display--aimed at helping those with communications and physical disabilities--has raised $12M in a funding round. Andreas Forsland is Founder and CEO of the new startup.

Santa Barbara 113

Santa Barbara Seed Funding Funding Startup 113

socalTECH

OCTOBER 6, 2014

Santa Barbara-based ShipHawk , the online developer of technology for helping connect users with shipping companies, has raised $5M in a funding round, the company said this morning. DN Capital''s Steve Schlenker also joins the company''s board. READ MORE>>.

Santa Barbara 138

Santa Barbara Commerce Venture Capital Sites 138

Both Sides of the Table

NOVEMBER 9, 2012

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Bimodal returns are a fallacy, many great VC funds are built on the power law curve. They say the same about VC. So, too, does PR.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

socalTECH

OCTOBER 29, 2012

Rincon Venture Partners , the Santa Barbara-based venture capital fund run by Jim Andelman , John Greathouse , and Brian Kelly , has led the investment in a developer of social recruiting software tools for companies, The Resumator. Rincon led a $700,000 Series A round in 2011 in The Resumator.

Santa Barbara 157

Santa Barbara Southern California Social Media Venture Capital 157

socalTECH

AUGUST 19, 2021

Santa Barbara-based Apeel Sciences, which has developed a plant-based coasting for fresh produce to extend its shelf life, has raised another big $250M funding round, a Series E for the company. The company--led by CEO James Rogers--has created a coaating it says helps reduce "shrinkage" in their produce inventory by 50%.

Santa Barbara 113

Santa Barbara Equity Capital Funding 113

socalTECH

JUNE 10, 2019

Santa Barbara-based SerImmune , a company developing immune mapping technology, has raised $1.4M in funding back in 2017, from such investors as Illumina Ventures, Merck and others. in new funding, as part of what appears to be an ongoing $7.0M funding effort. SerImmune previously raised $8.0M READ MORE>>.

Funding 138

Funding Santa Barbara Technology Develop 138

socalTECH

AUGUST 18, 2009

Santa Barbara-based AppFolio , a developer of software-as-a-service for property management, is announcing today that it has raised $8M in additional funding for the firm. The funding comes from the Investment Group of Santa Barbara (IGSB). Appfolio said the funding round brings the company's total raised to $30M.

Santa Barbara 124

Santa Barbara SaaS Venture Capital Capital 124

socalTECH

FEBRUARY 7, 2020

A new, Santa Monica-based startup, SureSale , has raised $7M in its Series A funding round, the company said this week. The funding was led by Upfront Ventures and also included Coffin Capital. The company's CEO is Donny K. READ MORE>>.

Santa Barbara 113

Santa Barbara Santa Monica Report Sales 113

socalTECH

AUGUST 1, 2018

Goleta-based Apeel Sciences , a new startup which is developing technology to increase the shelf life of fresh produce--using substances derived from other plants--has raised a big, $70M funding round, the company announced late Wednesday. The company said the funding will go to meet demand from both U.S.

Santa Barbara 113

Santa Barbara Demand Funding Product 113

socalTECH

APRIL 30, 2013

Santa Barbara-based Local Market Launch , a new startup founded by former ValueClick founder Brian Coryat, said Tuesday that it has raised $1.5M The round came from Rincon Venture Partners. The company said it has now raised $2.7M in a Series A funding round. in funding, including an earlier seed funding. READ MORE>>.

Search Engine Optimization 178

Search Engine Optimization Marketing Santa Barbara Seed Funding 178

socalTECH

DECEMBER 31, 2018

What was the biggest news for your company in 2018? In May, the Center co-hosted the first New Venture Ventura County, a celebration of student entrepreneurs from grade school to grad school. Thanks so much to our co-hosts Aspire3, VC Innovates and RC Makes, and to lead sponsor NewCo Foundation. READ MORE>>.

Ventura 154

Ventura Tech Coast Angels Santa Barbara Southern California 154

socalTECH

NOVEMBER 17, 2017

Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seed funding, the company disclosed on Thursday. The seed funding came from Eclipse Ventures.

Software Review 124

Software Review UCSD Santa Barbara San Diego 124

InfoChachkie

NOVEMBER 23, 2015

VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. This latest round valued the company in excess of a billion dollars, entering them into the overly-hyped Unicorn Club. In retrospect, our decision was both perfectly rational and completely lame. What’s The Worst Mistake?

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

socalTECH

AUGUST 20, 2019

Santa Barbara-based Affinity Biosensors , a startup developing benchtop, automated systems for microbiology research, has raised $5.9M in a ongoing funding round, according to a regulatory filing from the company this week. The company was founded in 2006. The filing said the funding is part of a $10M, ongoing funding.

Santa Barbara 113

Santa Barbara Sample Research Funding 113

socalTECH

MAY 15, 2020

Santa Barbara-based Briq , a developer of software used for financial forecasting in the construction industry, raised $10M this week, in what it says was a Series A funding round. The funding was led by existing investor Blackhorn Ventures, and also included Eniac Ventures, MetaProp Ventures, and Darling Ventures.

Santa Barbara 113

Santa Barbara Funding Software Develop 113

socalTECH

JULY 24, 2013

Santa Barbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. According to Calient, it will use the funding to enhance its portfolio of optical circuit switching systems, to extend its IP portfolio, and for working capital.

Technology 153

Technology Santa Barbara IP Venture Capital 153

socalTECH

SEPTEMBER 11, 2019

Santa Barbara-based Canndescent an "ultra-premium" cannabis brand, announced this week that it has raised $27.5M The funding was led by cannabis investment fund Green Acre Capital, and also included Carnegie Arch Capital, Senterra, LLC., in a Series C funding round. READ MORE>>.

Santa Barbara 100

Santa Barbara Invest Capital Funding 100