Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).

Invest 396

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. Open-Source Software & Horizontal Computing.

Morphlabs Raises $5M

socalTECH

Manhattan Beach-based Morphlabs , the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round. Morphlabs develops products used to manage the deployment of cloud-based infrastructure. The firm's flagship product, the mCLoud DCU, are hardware appliances which make it easy for data center providers to provide cloud-based computing to clients.

ELC Technologies Acquired By Pourzanjani, Rahmat

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ELC is known for its cloud computing applications development, and Ruby On Rails development. Pourzanjani founded PriceGrabber and sold it to Experian in 2005 for $485M, and is among one of the active angel investors in Los Angeles. As part of the acquisition, ELC founder Siegel joins venture capital firm Accel Partners in London, as a venture partner.

How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

Let me take you back just 10 years ago to 2005 in Silicon Valley where I returned after 11 years of living in Europe. At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. Each VC raises money – say $90 million.

Morphlabs Raises $5.5M

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The round was led by Global Gateway Investment Group (G2iG), and also includes Frontera Group LLC, CSK Venture Capital Co. and AO Capital Partners Ltd. Morphlabs is developing a cloud-based computing appliance which is used to manage and deploy elastic computing clouds. Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been starting up firms whose basis is open source software.

Interview with Winston Damarillo, Morphlabs

socalTECH

One of Southern California's successful, serial entrepreneurs is Winston Damarillo , who founded Gluecode, which he sold to IBM in 2005. It's nice to see us covering all of these cloud-enabling types of technologies in Southern California for a change.