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Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

socalTECH

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. The firm just announced that new fund, and a new name, Upfront Ventures (www.upfront.com).

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Paper Picks Up $7.5M For Remote Learning

socalTECH

in a funding round, to go towards its remote learning systems, the company said this week. The company--formerly known as GradeSlam--said the funding was led by Reach Capital, and also included Bullpen Capital, along with Birchmere Ventures, BDC Capital, Real Ventures, Google, Red House Education, Edovate Capital, and Anges Quebec.

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Local Clean Energy Business Plan Contest Awards $160,000

socalTECH

A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in its latest competition. READ MORE>>.

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2U Raises $120M In IPO

socalTECH

2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 Redpoint Ventures owned 23.2 percent at 13.95 percent at 13.95

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Lynda.com Inks Massive, $103M Funding Round

socalTECH

Lynda.com , the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content.

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San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop

SoCal Tech Calendar

Tuesday, June 11, 2019 -- San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop. At this San Diego Event, we will be showcasing some of the newest early-stage venture funds and angel groups in the San Diego area! We're doing it again! There are only 15 spaces left in the Workshop.

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2tor Finds $32.5M

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New York-based 2tor , the online education startup which powers online degree programs from the University of Southern California (USC) and others, has raised $32.5M in a Series C funding. Greg Martin, of Los Angeles-based Archer Venture Capital, sits on 2tor's board. 2tor also has operations near USC.

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