socalTECH

SEPTEMBER 16, 2008

Microsoft, which announced its acquisition of DATAllegro in July, said that it will retain most of DATAllegro's team and headquarters in Aliso Viejo, and make it a "Center of Excellence" for data warehousing. Financial terms of the acquisition have not been disclosed. READ MORE>>

Acquisition 100

Acquisition Palomar Capital Technology 100

socalTECH

NOVEMBER 7, 2018

Santa Monica-based Cornerstone OnDemand , which develops cloud-based learning and human capital management software, said late Wednesday that it has acquired Grovo Learning , a provider of "micro-learning" content, in a deal worth $24M in cash. Grovo was founded in 2010, and has offices in New York City and San Francisco.

Cornerstone OnDemand 113

Cornerstone OnDemand Santa Monica Hulu Content 113

socalTECH

JANUARY 23, 2017

West Hills-based optical components maker Source Photonics , which was owned by Francisco Partners , has been sold, to a private equity group led by Redview Capital and Asia-IO, and also including TR Capital, Axiom Asia and Aberdeen Asset Management. Financial terms of the acquisition were not announced.

Equity 100

Equity Acquisition Capital Networking 100

Both Sides of the Table

APRIL 21, 2010

Peer-to-peer lending service; started on FaceBook; claim to own 79% of the US peer lending market in March 2010 with a whopping $8,664,750. Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Investors: Union Square (lead), Spark Capital (lead).

Venture Capital 265

Venture Capital Capital Email Blogging 265

socalTECH

JULY 2, 2013

The acquisition looks to be a great one for EcoATM''s investors, which also included Claremont Creek Ventures, Tao Venture Capital Partners, and Jens Molbak. Tao Venture Capital Partners is the investment firm led by Tom Clancy, who had formerly been at Enterprise Venture Partners. Outerwall already owned 23 percent of ecoATM.

Claremont 174

Claremont San Diego Venture Capital Acquisition 174

Both Sides of the Table

APRIL 15, 2010

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. I don’t believe that search is the only answer in 2010 as it was in 2000. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis.

Venture Capital 271

Venture Capital Capital Google Platform 271

socalTECH

JANUARY 3, 2012

venture backed companies was down in 2011, according to Dow Jones VentureSource, which said today that it tallied a total of 522 mergers, acquisitions, buyouts, and IPOs during the year. billion, a 14 percent drop in deal activity versus 2010, although it was a 26 percent increase in capital raised compared to last year.

Venture Capital 173

Venture Capital Report Acquisition Pricing 173

socalTECH

APRIL 8, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners said Monday that it has sold its portfolio company Luminator Technology Group (LTG) to Audax Group. Levine Leichtman has owned Luminator Technology Group since 2010. levine leichtman private equity merger acquisition luminator technology group'

Technology 138

Technology Equity Acquisition Los Angeles 138

socalTECH

APRIL 1, 2014

San Diego-based DivX , the developer of digital video encoding and decoding technology has been acquired by private equity firms Parallax Capital Partners and StepStone Group , the companies said yesterday, in a deal worth $75M in cash plus earnout. DivX said that it was assisted int he deal by San Diego''s Karmel Capital. READ MORE>>.

Equity 147

Equity San Diego Entertainment Acquisition 147

SoCal CTO

MARCH 20, 2007

Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta. He is a frequent speaker at industry and academic events. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?

Venture Capital 150

Venture Capital Guide CTO Coach Southern California 150

socalTECH

FEBRUARY 7, 2019

According to the TCA, its members realized an 80 percent IRR on their investment in Parcel Pending, after its $100M acquisition on January 22nd by Neopost. Although the 19x return is a great one for the TCA, the angel group's record is still the more than 100x return its members received when Green Dot had its IPO in 2010.

Tech Coast Angels 113

Tech Coast Angels Angel Southern California Invest 113

socalTECH

JANUARY 5, 2015

DivX had been owned b Parallax Capital Partners and StepStone Group, which acquired DivX in April of last year for $75.0M. Prior to that, DivX had been part of Rovi, which acquired the company in 2010 for $325M. divx neulion merger acquisition streaming video' for the six months ended September 30th. READ MORE>>.

San Diego 100

San Diego Acquisition Capital Technology 100

socalTECH

NOVEMBER 1, 2012

Hell headed by DivX until its acquisition by Sonic Solutions in October of 2010, and most recently was chairman of the EvoNexus startup incubator run by CommNexus. Hell sits on the boards of Hold-Free Networks, Perminova, Inc, MicroPower Technologies and Pixon Imaging, Inc. READ MORE>>.

San Diego 159

San Diego Incubator Venture Capital Acquisition 159

socalTECH

APRIL 3, 2012

Los Angeles-based TechForward , the guaranteed electronics plan operator backed by New Enterprise Associates and First Round Capital, has sold its operating assets to SquareTrade , the companies said Tuesday. Financial details of the acquisition were not disclosed.

Equity 157

Equity Acquisition Los Angeles Pricing 157

socalTECH

SEPTEMBER 29, 2010

Barclays Capital, William Blair & Company, Piper Jaffray, Pacific Crest Securities, and JMP Securities. Cornerstone OnDemand--which is headed by Adam Miller--is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. for 2009, and has seen revenues grow to $20.28M in the first six months of 2010.

Cornerstone OnDemand 208

Cornerstone OnDemand Southern California Santa Monica SaaS 208

socalTECH

APRIL 24, 2012

Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware. Financial terms of the acquisition were not disclosed. Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. READ MORE>>.

Clearstone 150

Clearstone Santa Monica UCLA Incubator 150

socalTECH

MAY 3, 2016

Financial terms of the acquisition were not announced. Paige Craig--as well as a number of other angels--originally seeded LiveFyre back in 2010. Greycroft, which is very active in Los Angeles, took the lead on LiveFyre's Series B funding in 2011. READ MORE>>.

Blogging 100

Blogging Los Angeles Tool Acquisition 100

socalTECH

FEBRUARY 1, 2017

Vision Solutions is owned by Santa Monica's Clearlake Capital. Vision Solutions had acquired Double-Take in 2010, only a few short months before it was acquried by Clearlake Capital. Financial details of the sale were not announced. READ MORE>>.

Software 100

Software Santa Monica Sales Capital 100

socalTECH

JANUARY 7, 2015

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. Bluebeam joins Green Dot among the trophy returns for the local angel groups; Green Dot IPO in 2010 resulted in a 100x return for the Tech Coast Angels.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

SoCal Tech Calendar

MARCH 29, 2012

Total merger and acquisition deal volume in 2011 increased 24% from 2010, with over 16,000 transactions aggregating to $1.1 With capital gains taxes expected to increase, corporate profits at all-time highs, and private equity firms sitting on a lot of cash, what will the MandA environment look like throughout 2012?

ACG 113

ACG Santa Barbara Ventura Equity 113

socalTECH

NOVEMBER 1, 2010

Intead, the firm is using FAN's acquisition to add around 100 employees from FAN as part of its engineering and product team. As part of the announcement, Rubicon said it will have over $100M in revenues in 2010. Tags: rubicon project news audience network merger acquisition venture capital advertising. READ MORE>>.

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

NOVEMBER 4, 2009

According to Jitterbug, it will offer a mobile personal emergency response service (M-PERS) based on MobiWatch's products in late 2010. Jitterbug is backed by Court Square Ventures, Steelpoint Capital, Charles River Ventures, Nauta Capital, and others. Tags: jitterbug mobiwatch merger acquisition wireless emergency.

San Diego 133

San Diego Training Mobile Acquisition 133

socalTECH

JULY 30, 2012

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 145

Yahoo Southern California News Venture Capital 145

socalTECH

AUGUST 8, 2010

Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities. in the first six months of 2010. Tags: demand media merger acquisition content richard rosenblatt public. on revenues of $198.45M.

Demand 184

Demand Media .Net Santa Monica 184

socalTECH

OCTOBER 1, 2012

Popover was founded in October of 2010; Playsino is headed by Brock Pierce. Playsino is backed by such investors as IDM Venture Capital, Pacific Capital Group, Siemer Ventures, and angel investors, including Jordan Simons, Wicks Walker, Tomorrow Ventures, Jim Armstrong, and Michael Huskins.

Venture Capital 171

Venture Capital Los Angeles Capital Angel 171

socalTECH

FEBRUARY 7, 2012

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Compared with 2010, the report found an increase of 296 percent over exits in 2010, when $2.6 The exit was the eighth highest in the database, according to Ocean Road Partners. billion in liquidity was generated in the sector.

Southern California 187

Southern California Cornerstone OnDemand Report Riot Games 187

socalTECH

NOVEMBER 9, 2010

The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Cornerstone OnDemand is backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. Cornerstone OnDemand filed for an IPO in September. READ MORE>>.

Cornerstone OnDemand 133

Cornerstone OnDemand Santa Monica SaaS .Net 133

SoCal Tech Calendar

JULY 14, 2010

Tuesday, July 20, 2010 -- How Savvy Companies Leverage Brand, Technology and IP Licensing to Leap Ahead of The Competition. See [link] (more).

IP 100

IP Competition Technology Company 100

socalTECH

MARCH 30, 2011

The Tech Coast Angels , the biggest angel investment group in Southern California, is trumpeting its involvement in five exits in 2010 today. The Tech Coast Angels said that it saw a 78.75 percent IRR as part of its involvement in the Series D financing of Mind Body Partnerships.

Tech Coast Angels 154

Tech Coast Angels Southern California Acquisition Angel 154

socalTECH

MAY 9, 2011

for the similar quarter in 2010. Pacific Crest Securities , and RBC Capital Market. That compares with net income of $1.0M on revenues of $22.9M Peregrine Semiconductor has filed for an IPO on the NASDAQ Global Market as PSMI. The firm's IPO is being underwritten by Deutsche Bank Securities , J.P.

.Net 153

.Net San Diego Equity Marketing 153

Both Sides of the Table

JUNE 18, 2010

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). first vertical to launch by 2010 Holiday Season. Are “strategic investors&# (e.g.

Venture Capital 225

Venture Capital Google Web Sites 225

socalTECH

FEBRUARY 15, 2011

The firm's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co. for the nine months ended September 30, 2010.w San Diego-based Active Network has filed for an IPO, saying in its S-1 that it is looking to raise up to $150M.

Activity 168

Activity Networking .Net San Diego 168

Both Sides of the Table

OCTOBER 21, 2009

On the third Wednesday of every month I co-chair a meeting called the SoCal VCA (venture capital alliance), which represents participants from all of the top venture capital firms in Southern California as well as prominent members of the Tech Coast Angels (TCA). with only 19% saying they would decrease levels.

Venture Capital 241

Venture Capital Technical Review Southern California Company 241

socalTECH

JANUARY 14, 2011

for the nine months ended September 30, 2010. New Enterprise Associates, founder Sky Dayton, Steelpoint Capital, and Sternhill Partners. The firm reported it had net income of $1.4M on revenues of $65.715M for 2009, and net income of $5.67M on revenues of $59.0M Boingo's major shareholders include Mitsui & Co., READ MORE>>.

.Net 164

.Net Los Angeles Report Networking 164

socalTECH

MAY 23, 2011

and Barclays Capital. for the year ended August 31, 2010. The firm's IPO is being underwritten by Goldman, Sachs & co., Ceres is venture backed by Artal Luxembourg; Warburg Pincus; Ambergate Trust; Oxford Bioscience; GIMV; Oppenheimer Growth; Monsanta; and others. The firm said it had a net loss of $22.5M on revenues of $6.6M

Thousand Oaks 140

Thousand Oaks .Net Capital Marketing 140

socalTECH

DECEMBER 15, 2010

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S.

Cornerstone OnDemand 190

Cornerstone OnDemand Marketing Report Southern California 190

socalTECH

OCTOBER 8, 2012

Musk is no stranger to IPOs; his electric car firm, Tesla Motors, had its IPO in 2010 and he co-founded PayPal, which had its IPO in 2002. It turns out that Musk owns 31.9 percent of SolarCity, which was founded by his cousins, Lyndon and Peter Rive. READ MORE>>.

SpaceX 145

SpaceX Southern California Hawthorne Entrepreneur 145