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Report: Cornerstone OnDemand Hires Investment Bankers For Review

socalTECH

Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. READ MORE>>.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Naturally I’m excited about this investment or I wouldn’t have done it.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. The growing clean technology sector also helped numbers, with $74.0M for Santa Monica electric vehicle firm Coda Automotive.

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Fan Appz Launches Personal Marketing Platform To Help Brands Convert Fans Into Loyal Customers

Tech Zulu Event

Fan Appz, a Santa Monica headquartered firm founded in 2010, and a Facebook Preferred Marketing Developer (PMD) today Tuesday launched its Personalized Marketing Platform, a next-generation social media marketing solution set to help firms convert fans into customers and increase repeat purchases by turning good customers into great ones.

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Interview with Ramit Varma, Revolution Prep

socalTECH

Last week, Santa Monica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. The company provides SAT, ACT, and other similar test preparation courses and related software. I had worked as a tutor for Princeton Review, and Jake for Kaplan. We started in 2000.

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Interview with Shivani Siroya, Tala

socalTECH

due to a less developed financial system, lack of credit tracking, and oftentimes and informal economy. Santa Monica-based Tala , backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets. I love LA now.

Startup 100