socalTECH

NOVEMBER 18, 2015

Lawrence Ng , the co-founder of Oversee.net, said this morning that it has launched a new, startup fund called the OnRamp Fund , a $10M, international incubation fund that invests in early stage startups. Ng started Oversee.net in 2008, and he and his co-founders eventually sold the company to Oak Hill Capital for $150M.

Oversee.net 100

Oversee.net Incubator Startup Funding 100

socalTECH

JUNE 23, 2015

Venice, California-base CrossCut Ventures , one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Managing Directors of the new fund are Rick Smith, Brett Brewer, and Brian Garrett, along with new addition Clinton Foy. READ MORE>>.

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Funding Seed Funding Venice Mobile 100

Both Sides of the Table

MARCH 1, 2016

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. In fact, if you add the capital flows of the past ten years, there have been just shy of $50 billion in net cash outlays.

Venture Capital 150

Venture Capital Capital Marketing Seed Funding 150

Both Sides of the Table

APRIL 20, 2011

If you read this blog often you'll know that I'm a huge fan of First Round Capital. One example is that they introduced a program where their founders can pool together shares from their company and exchange them for a small portfolio of other First Round Capital companies. In 2008 they raised a much larger fund $132.5

Capital 284

Capital Venture Capital Technical Review Startup 284

socalTECH

FEBRUARY 4, 2011

Vista-based Aptera Motors , the three wheeled electric vehicle firm backed by Idealab and Google, told its supporters today that it is still looking to score funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program.

Capital 147

Capital Idealab Google Email 147

Both Sides of the Table

FEBRUARY 18, 2017

Union Square Ventures (USV) has been one of the most successful venture capital firms of the past 10–15 years and continues to be a leader in our industry. Lindel is no stranger to thorny venture capital issues — he was arguably amongst the most successful LPs of his generation.

Venture Capital 161

Venture Capital Funding Capital Startup 161

socalTECH

JULY 19, 2011

Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. in funding, and San Diego $198.18M in investments. raised for the quarter. Los Angeles had $222.5M

Southern California 167

Southern California Venture Capital Orange County Rustic Canyon 167

socalTECH

MAY 4, 2015

Size of the funding was not disclosed. The company raised its seed funding round in 2008 as part of the DFJ Venture Challenge. La Jolla-based NeuroVigil , a developer of brain monitoring tools and technology, said it has received a second financing round. NeuroVigil is developing a non-invasive, portable brain scanning device.

Draper 100

Draper Funding Zone Ventures Seed Funding 100

socalTECH

JULY 21, 2010

Santa Monica-based SolarReserve has now pulled in $110M of a committed, $140M Series B funding round, according to a regulatory filing by the firm today. Tags: solarreserve utility scale power plant venture capital. READ MORE>>.

Funding 150

Funding Santa Monica Venture Capital Invest 150

socalTECH

SEPTEMBER 16, 2009

The National Venture Capital Association today released a new report detailing the impact of venture capital on the U.S. The report , compiled for the NVCA by IHS Global Insight, found that venture backed companies accounted for 11 percent of private company employment in 2008, or 12.1 in San Diego.

Venture Capital 138

Venture Capital Capital Orange County San Diego 138

socalTECH

JUNE 8, 2015

Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.

Funding 100

Funding Outsource Santa Monica High Tech 100

socalTECH

JUNE 27, 2013

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. The firm just announced that new fund, and a new name, Upfront Ventures (www.upfront.com). Tell us about the new fund?

Funding 196

Funding Venture Capital Los Angeles Social Media 196

socalTECH

MARCH 12, 2019

The funding round was led by Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, and also included Silversmith Capital Partners, an existing investor. The company was founded in 2008. Impact is led by CEO David A. READ MORE>>.

Invest 113

Invest Ticketmaster Santa Barbara Equity 113

socalTECH

MAY 4, 2011

La Jolla-based NeuroVigil , a firm developing non-invasive wireless brain recording technology and advanced computational analysis techniques, has raised a first round of funding, the firm said this week. Amount of the funding, and source, was not disclosed. The firm was founded by Dr. Philip Low.

Funding 133

Funding Zone Ventures Draper Seed Funding 133

SoCal Tech Calendar

NOVEMBER 3, 2008

Saturday, November 8, 2008 -- Venture Capital 3.0. Breakfast with Adeo Ressi, Founding Member of TheFunded.com, an online community of entrepreneurs to research, rate, and review funding sources worldwide. See [link] (more).

Venture Capital 100

Venture Capital Capital Research Entrepreneur 100

socalTECH

JANUARY 20, 2009

Venture capital fundraising activity dropped significantly in Q4, according to a report released Monday by Thomson Reuters and the National Venture Capital Association (NVCA). The report, which tracks the fundraising activity of venture capital firms, found that there was $3.4 billion raised in Q4 of 2007.

Venture Capital 100

Venture Capital Capital Activity Report 100

Both Sides of the Table

APRIL 28, 2010

Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. They were originally founded inside of Times Mirror and had a huge string of major investment success before spinning out as a fully independent fund. The investment will be used for product development initiatives.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

socalTECH

OCTOBER 6, 2009

San Diego-based Semtek , a developer of security technology for protecting magnetic stripe data on credit cards, has announced more details of the firm's Series B funding round. VeriFone and Semtek have bee working together on a VeriFone branded product since April of 2008. of the fully diluted shares of Semtek. READ MORE>>.

Funding 145

Funding San Diego Venture Capital Invest 145

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. VC’s often talk about this term as in the total amount of funds EVER raised by that VC. Example: if a VC is on their fourth $200 million fund that they just raised in 2009 then you might hear them talk about $800 million under management. What is a VC fund?

Venture Capital 269

Venture Capital Funding Invest GRP Partners 269

Both Sides of the Table

APRIL 14, 2010

I know that the tone of the title and post will seem a bit aggressive for a post from a venture capitalist on fund raising. If you want to raise venture capital more easily the advice could be quite practical and counter-intuitive. Dealing with an artificially high price can make fund raising hard. Clean up your own shite.

Venture Capital 289

Venture Capital Capital Startup Pricing 289

socalTECH

MAY 22, 2014

Los Angeles-based True(X) Media --which was most recently known as SocialVibe--disclosed this week that it has raised $6M in a new funding round. The online advertising technology provider said the funding came from prior backers Jafco Ventures, Pinnacle Ventures, Norwest Venture Partners and Redpoint Ventures. READ MORE>>.

Media 147

Media Redpoint Advertising Venture Capital 147

socalTECH

JANUARY 5, 2012

The San Diego chapter of the Tech Coast Angels , the largest angel investment group in Southern California, as well as the United States, said today that it has established a new, memorial fund, the John G. The fund has been started by a $1M gift from the family of John G. He also served at Vestar Inc. and Galagen Inc.,

Tech Coast Angels 159

Tech Coast Angels San Diego Angel Funding 159

Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). ” Stated simply – if you seed funded Uber at $4.5m

Venture Capital 398

Venture Capital Technical Review Startup Seed Funding 398

socalTECH

JANUARY 29, 2020

Tell me what's new now with Crosscut, it's been a few years and a few funds now, where are things now? Brian Garrett: Nothing has changed since we launched eleven years ago, except that we're now investing out of our fourth fund, a $125M fund. Any lessons you have learned now that you're now on your fourth fund?

Invest 113

Invest Framework Coach Startup 113

socalTECH

JANUARY 22, 2010

Beverly Hills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday. How does the firm hope to attract more large brand advertisers?

Beverly Hills 165

Beverly Hills Funding Advertising SoCalTech 165

SoCal Tech Calendar

OCTOBER 23, 2008

Wednesday, October 29, 2008 -- "Funding Your Campaign: Company Financing Alternatives in Challenging Times" San Diego Venture Group. Your company is promising, but it needs capital to win its "campaign for success." True venture capital is favoring later stage companies. The IPO market is sluggish. See [link] (more).

Funding 100

Funding San Diego Venture Capital Capital 100

socalTECH

APRIL 20, 2009

The latest venture capital numbers from both PricewaterhouseCoopers/NVCA based on data from Thomson Financial, and numbers also released over the weekend by Dow Jones VentureSource, finds that venture capital is at a twelve year low. in 54 venture capital deals, with Los Angeles reporting $115.6M in deals from Q1 of 2008.

Venture Capital 100

Venture Capital Orange County Capital Southern California 100

socalTECH

OCTOBER 6, 2015

Lawrence Ng , the former founder of Oversee.net--who is now running an asset management company called LNG Management--has linked up with New York City-based venture capital firm Metamorphic Ventures. LNG said that Ng is incubating a number of startups and selectively invests in early stage startups and funds.

Oversee.net 100

Oversee.net Southern California Incubator Venture Capital 100

socalTECH

JULY 13, 2009

A report on venture capital fundraising released this morning reveals that Domain Associates , which has its west coast offices located in San Diego, was the biggest venture capital fundraise in Q2, with a $371.1M early stage fund, Domain Partners VIII. was raised.

Venture Capital 100

Venture Capital Funding San Diego Capital 100

Xconomy

FEBRUARY 5, 2018

During the process of arranging early funding for Organovo in 2008-2010, I worked with angels in San Diego, all over the country, and around the world. Because I stepped out of an operational role early last year, I am now in a position of providing financing to aspiring life sciences entrepreneurs. About 40 percent of my financing at.

San Diego 45

San Diego Capital Funding Entrepreneur 45

socalTECH

JULY 2, 2012

Gaikai was founded in 2008, and had raised around $45M in funding. The firm's backers included Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, Rustic Canyon Partners, and TriplePoint Capital.

Rustic Canyon 165

Rustic Canyon Networking Capital Software 165

socalTECH

OCTOBER 20, 2008

PricewaterhouseCoopers and the National Venture Capital Association released their Q3 2008 venture capital numbers over the weekend, finding that Southern California companies raised nearly $751 in funding during the quarter. do not expect venture funding to dry up. do not expect venture funding to dry up.

Southern California 113

Southern California Orange County Funding Report 113

socalTECH

JUNE 25, 2015

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Tell us about your new fund?

Southern California 100

Southern California Venture Capital Startup Entrepreneur 100

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. I’m not a doomsday guy, but just believe that we won’t see a V shaped recovery, which could make VC funding more difficult for tech start-ups (don’t shoot the messenger!).

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

socalTECH

APRIL 30, 2010

venture funding round. According to EdenIQ, the Series B funding round was led by Draper Fisher Jurvetson, and also included The Westly Group, Kleiner Perkins Caufield & Byers, Cyrus Capital, Angeleno Group, Element Partners, Morgan Stanley & Company, Advanced equities, OmniNet, Nimes Capital, and others.

Draper 159

Draper Venture Capital Equity Los Angeles 159

Startup Professionals Musings

DECEMBER 17, 2016

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision.

Capital 58

Capital Startup Education Customer 58

Berkonomics

NOVEMBER 21, 2013

The days of being able to trust that there will be an investor or lender on the other end of a call or email whenever needed ended with the 2000 and 2008 bursts of those respective bubbles. It’s entirely possible that Amazon could not be created and funded today with its planned seven years until profitability.

Startup 209

Startup Email Invest Capital 209