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LAVA Honors Richard Riordan, Local Technology Firms

socalTECH

The Los Angeles Venture Association (LAVA) held its annual awards event last night, honoring former Los Angeles Mayor Richard Riordan, as well as local, venture backed companies in a banquet last night at the Luxe hotel in Los Angeles. Other IPO finalists were RealD , ReachLocal , and Inphi.

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Lynda.com Inks Massive, $103M Funding Round

socalTECH

Robison reports that the company now has over 400 employees, spread across seven building in a Carpinteria campus, in addition to a web development branch in Calabasas, and sales offices in the UK and Australia. As part of the big new funding, Andrew Braccia of Accel and Vic Parker of Spectrum have both joined the company's board.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. But we do have great technology developers. You can hire a talented head of marketing, business development, technology and sales. You need to for conferences, business development and often for sales.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.