article thumbnail

Interview with Richard Wolpert, Acrew Capital

socalTECH

Our interview this morning is with Richard Wolpert, a longtime Los Angeles venture and angel investor. Wolpert has been at Accel Partners as a Venture Partner, in addition to being involved with such efforts as Amplify LA, his own startup, HelloTech, and hundreds of angel deals.

Capital 113
article thumbnail

OpenGate Capital Acquires Power Partners

socalTECH

Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Power Partners , a US-based manufacturer of power transformers. OpenGate Capital said that Power Partners is based in Athens, Georgia, and has more than 475 employees and $140M in annual revenues. READ MORE>>.

Capital 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Internet Brands Acquires Avvo

socalTECH

Los Angeles-based Internet Brands said on Thursday that it has agreed to acquire Avvo , which operates an online legal marketplace where consumers can connect with lawyers. Financial terms of the deal were not announced. According to Internet Brands, Avvo will become part of its Legal vertical. Avvo had raised around $180M in total funding.

article thumbnail

ServiceTitan Acquires Pointman

socalTECH

Los Angeles-based ServiceTitan , which develops a cloud-based software platform used by residential and commercial service contractors to manage their businesses, has acquired Pointman , a New York-based company that develops software for contractors. Pointman is based in Buffalo, New York, and was founded in 2006. READ MORE>>.

Coach 113
article thumbnail

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. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

article thumbnail

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. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives?

article thumbnail

London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

capital has produced 241 impact startups since 2006, with 95 companies founded in San Francisco. Arrival is now operating in Los Angeles, while Octopus Energy launched in the U.S. billion into U.S. firms since 2015, double the amount invested into China ($16.8 billion) and the United Kingdom ($6.1