Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

That''s true of many Southern California ad-tech companies. That''s why the IPO markets coming back is so critical. an incubator in Singapore, and we do a dozen or so investments a year. For California investments in general, the funding has kicked up pretty remarkaably.

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SoCal VC's Scarce On Top VC List

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This week's release of a list of their "Top 100" venture capitalists by AlwaysOn -- based roughly on number and dollar amount of successful M&A and IPO deals between October 1, 2005 to September 30, 2009--seems to have skipped local Southern California venture capitalists, with only one Southern California VCs listed. Tags: southern california venture capital alwayson

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

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billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. The report used information from Dow Jones VentureSource, socalTECH.com, private data and public filings to tabluate the exits for over 800 Southern California information technology companies.

Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

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A new study of the financial outcomes for Southern California venture-backed companies in the IT sector finds that approximately $48 billion in value has been created by those companies over the period 1995-2009. The study found that the greatest values for Southern California venture-backed firms were created by companies operating in Online Services (51%), followed by Communications and Networking (15%), Software (10%) and Semiconductors (9%).

Tech Coast Angels See 42x Return At MindBody

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The Tech Coast Angels , Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody , the developer of cloud-based business management software for the wellness industry. TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment.

Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

” Residents of Northern California (everyone north of Bakersfield) don’t understand how we do it, constantly touting Palo Alto’s tech scene. A SoCal native and graduate of both UCLA and USC, Richard Rosenblatt led the growth of MySpace from an unknown to a household name.

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TCVN names new Chairman and President

Tech Coast Venture Network

Along with a newly invigorated executive team, Mr. Greenberg as Chair Emeritus and our new President, Kevin McDonald, I plan to build upon the excellent foundation already in place and elevate TCVN to even greater prominence as a resource for entrepreneurs in Southern California.”. Irvine-based Tech Coast Venture Network has named Ciaran Foley Chairman of the Board, replacing Bart Greenberg, who has been Chairman since August.

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Interview Dan Dato and Bruce Brown, Upstart.LA

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So I got started in the tech and internet world very early stage. I've also worked with startups in Southern California, including TouchCommerce, and I was with them when they were on their first round of funding. That was five or six years ago, 2005 or so.

Brighter.com Dangles Free Braces In FamilyFinds Promo

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The offer puts together two of Southern California's most watched entrepreneurs--FamilyFinds.com is. Coffin sold his last company, LowerMyBills, in 2005 for $330M; Winebaum sold Business.com for $345M in 2007.

TZ Presents 2013 Startup Forecast

Tech Zulu Event

The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. TechZulu is excited to invite you to the 2013 Startup and Entrepreneurial Forecast taking place on Thursday Jan. 24 7pm at The ROC in Santa Monica.

Interview with Steve Jillings, TeleSign

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Steve Jillings has a long track record of running successful startups in Southern California, ranging from such companies as FrontBridge Technologies (sold to Microsoft in 2005 for over $200M) and Vantage Media (acquired in 2007). They started in January of 2005.

Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

Either way, it’s natural that buyers “shop around” so expect it as a healthy part of the process. So we took a stand. We knew that all buyers would be concerned about security, privacy, back-ups, data protection and so forth. So our pitch went. And so on. There was a meme that started going around LPs around 2005 that “I’m not sure LA is really its own venture market” and some LPs actually believed that.

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Interview with Scott Saunders, Payoff.com

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Scott Saunders: I spent nearly my entire career on the investment side, and in 2005 switched over to the entrepreneurial side of the world. He was the startup-to-profitability CFO at Fandango, and really is one of the most incredible, operational executives in all of So-Cal.

Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I first met Ethan in 2005. ” So Ethan went to work as a product manager at Google Video. So I asked Ethan to build his product first and then we would fund. We will stay in LA and then Southern California before branching out into our 2nd & 3rd markets.

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Tekelec Acquired By Oracle

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Tekelec , a developer of telecommunications switching equipment which had its roots in Southern California, has been acquired by Oracle , Oracle announced this morning. Tekelec had started in Southern California back in 1978, and had been a onetime technology darling when it had its IPO back in 1986. The firm, which was then based in Calabasas, moved out of the area in 2005, taking with it hundreds of jobs.

Why You Should Start a Company in. Los Angeles

SoCal Delicious

The city has, however, quietly been home to some of the most successful online companies to date, including CitySearch (sold to Ticketmaster for $260 million in 1998), Overture (acquired by Yahoo for $2 billion in 2003), eHarmony and LowerMyBills (bought by Experian for $330 million in 2005).

Reflections on 2016: Rob Freelen, Silicon Valley Bank

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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Given the concentration of SoCal companies in entertainment and consumer-focused tech, where revenue often comes early in a company's life, entrepreneurs should expect investors to scrutinize initial revenue traction. Since joining SVB in 2005, Rob has led debt transactions for more than 100 public and private companies.

How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. As with any sales campaign you need to: Qualify your buyers early so you focus your scarce resources on people likely to buy your product. And so on. Not so much.

It's Official: Ross Levinsohn Out At Yahoo

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The move might actually be a positive one for Southern California, given that Levinsohn had been pulled away from investing and helping Southern California startups in 2010, when he was tapped by then Yahoo CEO Carol Bartz to aid Yahoo.

Yahoo Axes Upcoming.org

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Upcoming.org , an online service which was started in Los Angeles, and acquired by Yahoo in 2005, is shutting down, according to Yahoo in an announcement over the weekend. Upcoming.org was a social calendaring application which let users post free listings about events coming up in an area; the company was acquired in October 2005 by Yahoo, and its founders moved to the Bay Area by Yahoo.

LowerMyBills' Coffin Joins Venture Firm

socalTECH

Matt Coffin , the founder of Los Angeles-based LowerMyBills and an active angel investor in Southern California, has joined venture capital firm Split Rock Partners as a Venture Advisor, the venture firm said this week. Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M.

News Corp. In Repeat With Sale To Local Tech Firm

socalTECH

spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. acquired IGN in September of 2005, for $650M. Those numbers--and the story--seems to be almost an exact repeat of the story behind MySpace , which--also in 2005, in July--was acquired by News Corp. Does this sound familiar? News Corp.

Yahoo Employees Get Free Lunch, But Not In Santa Monica

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The move--which doesn't apply to Yahoo's employees in Santa Monica or elsewhere in Southern California--looks to be the first attempt to shift the culture at Yahoo, which has been battling a lengthy death spiral after a series of CEOs. As part of those moves, Yahoo is also reportedly looking to start back into the acquisitions game, which once upon a time helped power the rise and success of Southern California's startup scene.

Cheers Gains $2.5M To Spread Happiness, Joy

socalTECH

Mohit is one of the pioneers of the Southern California high tech industry, having founded Bizrate back in 1995, based on his thesis at Wharton. Scripps for $525M in 2005. p>Is the world short in happiness and joy--and how can a mobile app change that?

Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

socalTECH

This holiday season, we are again sharing the reflections on the year from Southern California's technology community. I am very excited with the prospects of the San Diego market, as it reminds me of Santa Barbara circa 2005. This contribution is from John Greathouse , a longtime venture capitalist and also a professor at UC Santa Barbara, who was instrumental in Computer Motion's initial public offering and the sale of GoToMeeting to Citrix.

63 Los Angeles Entrepreneurs To Be Proud Of

SoCal Delicious

Twelve years ago, Laura, a hairstylist from California, was diagnosed with Stage IV cervical cancer. He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. Our Best Interviews Via Email: Monthly. Weekly. Idea Mensch.

Is WebEx “Dead Man Walking?”

Both Sides of the Table

I wanted to look at what they actually did so in looking at their website I saw this positioning. OK, so that could mean a lot of things. So my advice was to focus a bit more. So Skype was ubiquitous.

ElephantDrive Targets Xdrive Users

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Xdrive itself was actually a Southern California startup, and was acquired by AOL in 2005. Los Angeles-based ElephantDrive is targeting users of AOL's Xdrive service, the online data storage service that AOL said it is closing in January. According to ElephantDrive CEO Michael Fisher, the company will provide free file transfer from Xdrive to ElephantDrive for users, as well as a 30-day free trial account.

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Interview with Peter Lee, Baroda Ventures

socalTECH

A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). He made a lot of money from those deals, so in 1999 he set up Baroda Ventures. He then invested in about twenty companies, almost all of them in Los Angeles or Southern California.

DailyD Gets $5.0M

socalTECH

Coffin's last startup, LowerMyBills, was sold to Experian Interactive in 2005 for $330M plus earnout; he is also an active angel investor in Southern California, with stakes in ThisWeekIn, Ad.ly, Rubicon Project, Docstoc, and other prominent local Internet firms. Santa Monica-based DailyD , an online operator of a daily, local deals site, has raised $5.0M in a funding round, according to a regulatory filing by the firm.

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007.

Interview with Brian Garrett, Crosscut Ventures

socalTECH

The fund--started by Brian Garrett and Rick Smith --has been focused on digital media investments, and so far has made investments in six companies. We're describing ourselves as a micro-cap venture fund, focused on digital media opportunities in the emerging ecosystem of Southern California.

Pasadena Angels Invest in a $475,000 Series B Investment in Wasatch Microfluidics

Ask the Angels

Founded in 2000, the Pasadena Angels is a group of leading private investors that provides long-term intellectual and financial capital to help build successful companies throughout Los Angeles and Southern California. Wasatch Microfluidics was founded in Salt Lake City, in 2005 by Josh Eckman, Bruce Gale and Jim Smith.