Berkonomics

DECEMBER 31, 2020

The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. And we should not forget that non-profits of all types depend upon grants for a significant amount of their funding, often employing professional grant writers on staff or as consultants.

Equity 156

Equity Writing Education Research 156

socalTECH

AUGUST 20, 2014

Paso Robles-based IQMS , a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. The investment is the first, institutional round of funding for the company, which was founded in 1989. READ MORE>>.

Equity 138

Equity Funding Invest Software 138

TechCrunch LA

JUNE 10, 2020

We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.

Equity 220

Equity Technical Review Venture Capital Blogging 220

socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113

Capital Funding Outsource Development Equity 113

socalTECH

OCTOBER 12, 2020

Huntington beach-based Newlight Technologies , a developer of an ocean-degradable biopolymer, which can be used like plastic but decays with exposure to seawater, has raised $45M in the company's Series F funding round. The funding came from private equity firm Valedor Partners, as well as GrayArch Partners.

Technology 113

Technology Equity Funding Product 113

socalTECH

OCTOBER 30, 2018

Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Size and terms of the majority equity investment were not announced. IMT is currently led by CEO Craig Ensley. READ MORE>>.

Technology 133

Technology Santa Barbara Equity Invest 133

Startup Professionals Musings

OCTOBER 2, 2023

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. If you need funding for these early stage activities, I have some suggestions on better strategies to follow. Technology pilots. They believe in you above all else.

Resource 102

Resource Ideas Funding Research 102

TechCrunch LA

JULY 19, 2022

Ghost is not alone in developing technology focused on inventory. million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June.

Product 191

Product Funding Technical Review Equity 191

socalTECH

SEPTEMBER 11, 2014

The funding came from Caltius Equity Partners. As part of the funding, Vision Internet said it has named David M. Nachman is the former Chief Business Officer of Velocify, and also served at Marlin Equity Partners, Phoenix Energy Technologies, McKinsey and Company, and Kidder, Peabody & Company. READ MORE>>.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

AUGUST 5, 2013

San Diego-based MicroPower Technologies , which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing.

Tech Coast Angels 164

Tech Coast Angels Technology Funding San Diego 164

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

Capital 113

Capital Funding Equity Education 113

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 167

CTO CTO Hire CTO Coach Equity 167

TechCrunch LA

JANUARY 25, 2022

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.

Invest 233

Invest Technology Startup Los Angeles 233

socalTECH

FEBRUARY 16, 2011

Los Angeles-based private equity firm The Gores Group said Wednesday that it has closed on Gores Capital Partners II, L.P., The firm said that the new fund will acquire companies, primarily in the technology, telecommunications, business services, industrial, consumer, and healthcare sectors. with commitments of $2 billion.

Equity 164

Equity Funding Los Angeles Capital 164

socalTECH

AUGUST 19, 2019

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced.

Capital 113

Capital Technology Equity Acquisition 113

socalTECH

JULY 16, 2018

Carlsbad-based TC Technology , an IT services provider which develops mobile software for the utility market, has been acquired by SSP Innovation , a provider of IT services and software to the electric, gas, and water utilities, the two said on Friday. SSP Innovation is backed by private equity investor Warren Equity.

Technology 113

Technology Equity Mobile Acquisition 113

Startup Professionals Musings

JULY 5, 2023

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. Sometimes these will ask for 5%-15% of your equity for their support services.

Startup 122

Startup Funding Organization Incubator 122

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 150

CTO CTO Hire CTO Coach Equity 150

Startup Professionals Musings

AUGUST 29, 2020

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Funding 174

Funding Startup Equity Examples 174

socalTECH

NOVEMBER 30, 2012

Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. Clearlight previously had $600M in capital under management, not including the newest fund. The firm invests in mid-market, profitable companies.

Equity 113

Equity Funding Glendale Invest 113

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.

CTO Hire 301

CTO Hire CTO Coach Equity Startup 301

socalTECH

FEBRUARY 22, 2021

Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

DECEMBER 13, 2016

Los Angeles-based Apposite Technologies , a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. Size and terms of the funding were not announced by the companies. Apposite develops WAN emulation appliances.

Equity 100

Equity Invest Tool Los Angeles 100

socalTECH

APRIL 3, 2018

Irvine-based Axonics Modulation Technologies , which is developing medical devices for treating urinary and bowel dysfunction, said today that it has raised $40.1M in equity and $20M in a credit facility. The equity funding was led by Longitude Capital, and also included Gilde Healthcare. READ MORE>>.

Funding 124

Funding Equity Capital Technology 124

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. Why is that Deed got involved, and what is the relationship?

Equity 124

Equity Resource Startup Platform 124

socalTECH

FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. According to the company, the funding is its first institutional funding round.

Funding 133

Funding Santa Monica Equity Capital 133

socalTECH

FEBRUARY 5, 2013

San Diego-based private equity investor JMI Equity has backed a developer of website security tools this morning. WhiteHat Security , which is based in Santa Clara, said this morning it raised $31M in a new funding round, which will go towards international expansion and towards efforts in the small and medium sized business market.

Equity 147

Equity San Diego Tool Capital 147

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

socalTECH

JANUARY 14, 2019

Los Angeles-based human resources (HR) technology developer CareerArc --part of an ever growing number of Los Angeles area enterprise software companies--said this morning that it has raised $30M in a growth equity funding. CareerArc, led by longtime technology veteran Robin D.

Technology 133

Technology Resource Los Angeles Equity 133

socalTECH

JUNE 22, 2016

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. The company said the funds would go to further invest in its technology and products. Size of that investment was not announced.

Sherman Oaks 100

Sherman Oaks Equity Invest Capital 100

socalTECH

JANUARY 7, 2020

Laguna Hills-based Sonendo says it has raised a new funding round, worth $85M, for its alternative root canal treatment, which uses acoustic technology to replace files in those procedures.

Technology 100

Technology Equity Capital Funding 100

socalTECH

AUGUST 24, 2021

Irvine-based GoDocs, a developer of legal document preparation software, said today that it has raised round of investment from private equity investor M33 Growth, and appointed a new CEO. Size of the investment round was not announced. According to the company, it has appointed Steve Butler as CEO of the company.

Funding 113

Funding Equity Web Invest 113

socalTECH

SEPTEMBER 18, 2017

Laguna Hills-based Sonendo has received $50M in a growth investment, from private equity investor General Atlantic, Sonendo said this morning. According to Sonendo, the funding round also included existing investors Fjord Ventures, OrbiMed Advisors LLC, Meritech Capital Partners, CVF LLC, and NeoMed. READ MORE>>.

Technology 124

Technology Equity Capital Invest 124

socalTECH

APRIL 30, 2012

El Segundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in equity and $20.5M in credit facilities. NanoH2O is led by serial entrepreneur Jeff Green.

El Segundo 237

El Segundo Funding UCLA Equity 237

socalTECH

JUNE 21, 2017

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. According to Shoals Technologies Group, the funding came from Oaktree's Power Opportunities group.

Invest 113

Invest Capital Technology Equity 113

SoCal CTO

NOVEMBER 1, 2010

And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals.

CTO Hire 241

CTO Hire CTO Coach Equity Develop 241

socalTECH

FEBRUARY 9, 2018

Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificial intelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. The startup was founded by Ron St. Onge and Jim St. Onge and Jim St.

Artificial Inteligence 124

Artificial Inteligence Technology Startup Venture Capital 124