socalTECH

SEPTEMBER 9, 2013

Irvine-based Western Digital is making a big acquisition this morning, saying that it is paying approximately $685M in cash to acquire flash storage maker Virident. Globespan Capital Partners, Intel Capital, Mitsui & Co, Seagate, Sequoia Capital, Spansion, and others. READ MORE>>.

.Net 166

.Net Acquisition Capital Marketing 166

socalTECH

JUNE 9, 2014

Morgan, Citigroup, Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR Capital Markets, and Stifel. The company reported a net loss of $131M for 2013, on revenues of $1.13 godaddy mediatemple merger acquisition exit hosting premium' Scottsdale, Arizona-based GoDaddy has not yet selected an exchange. READ MORE>>.

Media 164

Media .Net Acquisition Los Angeles 164

socalTECH

MARCH 23, 2021

The company is venture backed by SR One, Quan Capital, Cormorant Asset Management, and WestRiver Group. The IPO offering would net the company around $276M, and value it at over $1.1 and $20.00 per share, the company said in a filing this week. The company has applied to list on the Nasdaq Global Market as DSGN. billion.

Design 113

Design .Net Capital Marketing 113

socalTECH

JUNE 28, 2017

Los Angeles-based j2 Global says it has completed its previously announced, $650M offering of senior unsecured notes, in a private placement, which nets the company $636.4M j2 Global is using the new funds to pay off an existing credit facility, and also for general corporate purposes, which it says may include more acquisitions.

.Net 138

.Net Los Angeles Acquisition Funding 138

socalTECH

SEPTEMBER 23, 2020

The company says it expects to net $725M after underwtigin discounts, commissions, and other expenses. The company begins trading this morning on the NASDAQ Global Select Market as GDRX. The IPO is being underwritten by Morgan Stanley, Goldman Sachs & Co. Seelaus & Co., LLC and Ramirez & Co., READ MORE>>.

Pricing 113

Pricing Silver Lake Santa Monica .Net 113

socalTECH

FEBRUARY 25, 2019

The company--which hopes to list as SLGG on the Nasdaq Capital Company--said it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. The company's IPO is being underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation.

Santa Monica 113

Santa Monica .Net Competition Sales 113

socalTECH

SEPTEMBER 27, 2016

The company is selling 5,000,000 shares of its common stock, which would net it $92.0M The company has not yet set an anticipated IPO date, in what has been a busy exits and acquisition year for Southern California's technology companies. if it prices at the high end of its estimated range. READ MORE>>.

Pricing 100

Pricing Southern California .Net Venture Capital 100

TechCrunch LA

OCTOBER 5, 2020

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

FEBRUARY 26, 2019

Super League Gaming's IPO was underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation. The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. The company now trades on the Nasdaq as SLGG.

Santa Monica 113

Santa Monica .Net Report Sales 113

socalTECH

SEPTEMBER 29, 2010

Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. Cornerstone OnDemand--which is headed by Adam Miller--is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. According to the S-1, the firm had a net loss of $8.3M on revenues of $29.3M

Cornerstone OnDemand 208

Cornerstone OnDemand Southern California Santa Monica SaaS 208

socalTECH

JULY 9, 2010

The firm is set to list on the NYSE as GDOT in the offering, which would net the firm around $154M at $35.00 Green Dot filed for an IPO in February, and is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angeles. Tags: green financial merger acquisition. and $35.00 The IPO is being underwritten by J.P. READ MORE>>.

Pricing 213

Pricing Tech Coast Angels Monrovia .Net 213

socalTECH

MAY 19, 2017

in net proceeds related to the IPO. The IPO was managed by Wunderlich, along with Craig-Hallum Capital Group and Northland Capital Markets. to Veritone, plus $8.0M in a line of credit from lenders, giving it a total of $66.3M Veritone was founded by Chad and Ryan Steelberg. READ MORE>>.

Artificial Inteligence 127

Artificial Inteligence .Net Research Capital 127

socalTECH

AUGUST 13, 2018

Wazee Digital had net revenues of over $19M in 2017, according to the companies. Wazee Digital was advised by Waller Capital Partners in the deal; Veritone was advised by GCA Advisors. Veritone said it paid $15.0M for Wazee Digital, split between $7.5M in cash and $7.5M in Veritone common stock. READ MORE>>.

Artificial Inteligence 100

Artificial Inteligence .Net Software Capital 100

socalTECH

JULY 6, 2018

The IPO is being underwritten by Morgan Stanley, Goldman Sachs & Co, Allen & Company, RBC Capital Markets, Jeffries, KKR, Raymond James, and Stifel. The company had a net loss of $14.2M In the filing, Sonos said it had revenues of nearly $1 billion for its fiscal year ended September 30, 2017, with $992.52M in revenues.

Santa Barbara 140

Santa Barbara Redpoint .Net Marketing 140

socalTECH

AUGUST 8, 2010

Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M in the first six months of 2010. READ MORE>>.

Demand 184

Demand Media .Net Santa Monica 184

socalTECH

APRIL 9, 2010

RealD is backed by Shamrock Capital, which owns about 14.8 According to the filing, RealD had a net loss of $20.3M Tags: reald merger acquisition content movie hollywood. percent of the firm. Co-founders Michael Lewis and Joshua Greer also each own about 14.7 on revenues of $95.95M for the nine months ended December 25, 2009.

Beverly Hills 183

Beverly Hills Hollywood .Net Content 183

socalTECH

JUNE 28, 2021

Oblong said it intends to use the net proceeds for general corporate purposes. The publicly traded company--which trades on the Nasdaq as OBLG--said it sold 4,000,000 sahres of its common stock at a purchase price of $3.10

.Net 113

.Net Equity Los Angeles Pricing 113

socalTECH

JULY 27, 2015

The IPO is being underwritten by BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, BMO Capital Markets, Piper Jaffray, Wells Fargo Securities, and Roth Capital Partners. Vizio reported net income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7

.Net 100

.Net Report Sales Capital 100

Startup Professionals Musings

MARCH 25, 2023

Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. The purest form of capitalism has always meant charging a fair price and making a fair profit. Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.

Organization 94

Organization Invest Custom Customer 94

socalTECH

OCTOBER 26, 2010

Broadcom said it would pay $86M net of cash to acquire Percello, in a combination of cash plus employee stock options. in earnout for former holders of Percello's capital stock. The firm said the acquisition will help it accelerate its time to market for femtocell technology. The firm also said it will hold up to $12.0M

.Net 124

.Net Acquisition Capital Help 124

socalTECH

FEBRUARY 26, 2010

Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels. The firm reported net income of $37.16M on revenues of $234.8M Tags: green financial prepaid merger acquisition tech coast angels. Morgan, Morgan Stanley, Piper Jaffray, and UBS Investment Bank.

Tech Coast Angels 160

Tech Coast Angels Monrovia .Net Acquisition 160

Startup Professionals Musings

JUNE 21, 2020

Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. The purest form of capitalism has always meant charging a fair price and making a fair profit. Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.

Organization 173

Organization Invest Customer Custom 173

socalTECH

NOVEMBER 5, 2012

THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. The announcement came as the firm announced net sales of $107.4M The announcement came as the firm announced net sales of $107.4M in revenues. in revenues.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

OCTOBER 8, 2010

NextWave Wireless said it will result in net cash proceeds of $106.5M going towards working capital. Tags: nextwave wireless packetvideo docomo merger acquisition. The firm said the sale, to NTT DOCOMO , was worth $111.6M. from the sale. The firm said it will use $94.0M NextWave had announced the sale in August. READ MORE>>.

Sales 140

Sales San Diego .Net Equity 140

socalTECH

MARCH 1, 2017

Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Laskey , with just over $2.0 billion each in SNAP's publicly traded stock. billion in stock.

Southern California 100

Southern California Venice .Net Mobile 100

Both Sides of the Table

JUNE 27, 2021

We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. You need shots on goal as not every one will go in the back of the net. Early-stage venture capital is about extreme winners.

Funding 294

Funding Startup Writing Invest 294

socalTECH

MARCH 1, 2017

Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Lasky , with just over $2.0 billion each in SNAP's publicly traded stock. billion in stock.

Southern California 100

Southern California Snapchat Venice .Net 100

socalTECH

MAY 11, 2012

The firm's IPO is being underwritten by Morgan Stanley, BofA Merrill Lynch, Stifel Nicolaus Weisel, RBC Capital Markets, William Blair, and Montgomery & Co. LegalZoom reported net income of $12.1M The firm is venture backed by Polaris Venture Partners (35.1 percent ownership), Insitutional Venture Partners (14.7

Legalzoom 196

Legalzoom Glendale .Net Report 196

socalTECH

MAY 9, 2011

San Diego-based Peregrine Semiconductor , the developer of CMOS RF integrated circuits, updated its S-1 filings Friday, saying that it had a net loss of $1.0M That compares with net income of $1.0M Pacific Crest Securities , and RBC Capital Market. on revenues of $21.2M for the three months ended March 26, 2011. READ MORE>>.

.Net 153

.Net San Diego Equity Marketing 153

socalTECH

FEBRUARY 15, 2011

The firm's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co. The firm said it had a net loss of 37.8M in 2009, and a net loss of $18.18M on revenues of $188.5M The firm said it had a net loss of 37.8M

Activity 168

Activity Networking .Net San Diego 168

socalTECH

JANUARY 14, 2011

The firm reported it had net income of $1.4M on revenues of $65.715M for 2009, and net income of $5.67M on revenues of $59.0M New Enterprise Associates, founder Sky Dayton, Steelpoint Capital, and Sternhill Partners. for the nine months ended September 30, 2010. Boingo's major shareholders include Mitsui & Co.,

.Net 164

.Net Los Angeles Report Networking 164

socalTECH

NOVEMBER 9, 2010

The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand filed for an IPO in September. READ MORE>>.

Cornerstone OnDemand 133

Cornerstone OnDemand SaaS Santa Monica .Net 133

socalTECH

JUNE 8, 2015

Mindbody is selling 7,150,000 share of its stock in its IPO, which would net $123.3M The company is venture backed by Bessemer Venture Partners, Catalyst Investors, Institutional Venture Partners, W Capital Partners, and J.P. Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. and $15.00

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Pasadena 100

Berkonomics

APRIL 4, 2019

These include election or re-election of board members if required by the bylaws of the corporation, approval of any increases to stock option plans (which would dilute the worth of shares outstanding,) and approve any additions to the capital stock authorized to be issued. Requirements created by investment documents.

Class 120

Class Course Report Competition 120

socalTECH

MAY 17, 2012

Leerink Swann, and Lazard Capital Markets. The firm reported a net loss of $11.1M The firm's offering is being underwritten by J.P. Morgan, Goldman, Sachs & Co., Kythera is venture backed by Versant Ventures, ARCH Ventures, Prospect Venture Partners, JAFCO, Fidelity, among others. on license income of $12.98M in 2011.

Calabasas 124

Calabasas .Net Report Marketing 124

socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The privately held company said the results represented its tenth straight year of growth.

OpenX 124

OpenX .Net Advertising Los Angeles 124

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. and the subsequent acquisition sprees of companies like Google, Yahoo!, The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be. 66% Net Operating Margins?

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334