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Santa Barbara Investor Puts $4M Into Mindflash

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The Investment Group of Santa Barbara , a venture capital investment group based in Santa Barbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash , Mindflash said today. The firm is led by Donna Wells, the former CMO of Mint.com.

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Kevin O'Connor, ScOp Venture Capital, On Startup Success and Investments

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This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Congrats on the new name for your venture capital firm. What types of companies are you making investments in? Tell us a little bit about the firm?

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Forbes Midas List Skips SoCal, Again

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The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list. READ MORE>>.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Our last fund we raised was in 2012 and we began investing it in April of 2012.

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Mindflash Hires Mint.com Vet, Launches Private Beta

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Santa Barbara-based Mindflash.com , a provider of online training software for small businesses, said today that it has named Donna Wells as its new President and CEO. Mindflash said it has received funding from Investment Group of Santa Barbara (IGSB), although it did not disclose financial terms of that funding.

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TCA Stresses Mixers, New Website

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The Tech Coast Angels is stressing its mixer program, seed investment efforts, and a new website, as it kicks off a 2010 program, according to the angel investing group. The TCA is the biggest angel investment group in Southern California, and is among the largest nationally. READ MORE>>.

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Playing the Long Game in Venture Capital

Both Sides of the Table

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . The abundance of late-stage capital is good for us all. Maker Studios?—?sold