socalTECH

OCTOBER 2, 2012

One of the few local funds to recently raise a fund is TVC Capital (www.tvccapital.com), which just closed TVC Capital II, a $75 million growth equity and buyout fund. Jeb Spencer: We consider ourselves a private equity firm. We are focused on the investment in and acquisition of software firms that are generating $2.5M

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Both Sides of the Table

APRIL 19, 2011

Matt was one of my inspirations behind Launchpad LA (yes, we’re going to have a program in 2011 – news very, very soon). He is very hands-on and helpful – especially for any company looking into customer acquisition. o CPM model gave him control over the information in the acquisition cycle so he focused on that. -

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

AUGUST 19, 2014

Epicor Software , the developer of supply chain management software which has its roots and still has significant operations in Orange County, is off the block, after its private equity investors did not see enough interest--or high enough prices--for the business. Apax bought Epicor back in 2011. The news on that move came in May.

Orange County 153

Orange County Sales News Equity 153

socalTECH

JUNE 22, 2016

Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Financial terms of the acquisition were not disclosed. READ MORE>>.

Santa Monica 100

Santa Monica Incubator Guide Equity 100

socalTECH

JUNE 4, 2012

Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011. The deal was worth $380M in cash.

Screening 140

Screening Company Companies Equity 140

socalTECH

APRIL 6, 2012

Epicor did not announce any financial terms of the acquisition. Epicor is now headquartered in Dublin, California, after the company was acquired by private equity firm Apax Partners in early 2011, and combined with Activant Soultions; the company still has sizeable Orange County operations.

Orange County 187

Orange County Software Commerce Activity 187

Xconomy

JANUARY 7, 2020

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding.

Seed Funding 63

Seed Funding Equity Research Acquisition 63

socalTECH

DECEMBER 11, 2012

According to the two companies, Pernix will acquire Somaxon in a stock-for-stock transaction worth a total of $25M in total equity. The company has been looking for a buyer since December of 2011, when it drastically cut its staff and said it had hired an investment banker. Pernix said the buy will help expand its product portfolio.

San Diego 147

San Diego .Net Equity Acquisition 147

socalTECH

FEBRUARY 5, 2018

Digital Fuel had been owned by private equity investor Skyview Capital. Digital Fuel had been founded in 2000, and was acquired by VMware in 2011; Digital Fuel was then acquired by Skyview Capital in 2016. Financial details of the buy were not announced. Apptio is based in Seattle. READ MORE>>.

Equity 113

Equity Los Angeles Capital Software 113

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 Multiples for middle market companies remained relatively strong in 2011, at an average of 8.2x trillion in value. Moderator: Richard Maire, Partner, Manatt, Phelps and Phillips, LLP.

ACG 113

ACG Santa Barbara Ventura Equity 113

socalTECH

JANUARY 13, 2011

Los Angeles-based private equity firm The Gores Group has sold portfolio firm Lineage Power , in a deal worth $520M. The deal was announced today by buyer GE , which said the acquisition will "open the door" for the firm to deploy its technology in the power conversion space. with GE advised by Deutsche Bank.

Equity 150

Equity Acquisition Los Angeles Technology 150

socalTECH

JULY 26, 2012

Impinj , a developer of UHF, radio frequency identification (RFID) chips which has linked to Caltech, and an office in Orange County, said today that it has raised $21M in an equity funding round, as well as dropped its plans for an IPO. The firm had filed for an IPO in April 2011. READ MORE>>.

Orange County 140

Orange County CalTech Equity Venture Capital 140

SoCal Tech Calendar

JUNE 3, 2016

Impinj is backed by ARCH Venture Partners, AllianceBernstein, GF Private Equity, Intel Capital, Madrona Venture Capital, Mobius Venture Capital, and Polaris Partners, and had started in Newport Beach in 2000. The IPO is a second try for Impinj; the company had tried for an IPO back in 2011-2012, but later withdrew those plans.

CalTech 100

CalTech Venture Capital Startup Equity 100

socalTECH

APRIL 25, 2011

The company expects Greystripe to add $24 to $26M in revenues for the remainder of 2011. Greystripe was venture backed by Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital, and was based in San Francisco. Greystripe was advised by Montgomery & Co. in the deal. READ MORE>>.

Westlake Village 170

Westlake Village Steamboat Ventures Advertising Incubator 170

socalTECH

MAY 9, 2011

for the three months ended March 26, 2011. The firm is venture backed byMorgenthaler Partners, Palisades Ventures , TVP, Advanced Equities , and others. San Diego-based Peregrine Semiconductor , the developer of CMOS RF integrated circuits, updated its S-1 filings Friday, saying that it had a net loss of $1.0M on revenues of $21.2M

.Net 153

.Net San Diego Equity Marketing 153

socalTECH

MARCH 31, 2012

ServiceNow is venture backed by JMI Equity and Sequoia Capital. on revenues of $73.375M for the year ended December 31, 2011. The firm's IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit SUisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. READ MORE>>.

San Diego 113

San Diego .Net Equity Report 113

Tech Zulu Event

MARCH 11, 2011

Company Name RadiumOne Information Release Date 3/10/2011 Transaction Type Venture Equity Amount $21,000,000 Round Series B Proceeds Purpose The Company, which reached profitability in Q4, will use its existing and new capital for potential acquisitions designed to give the company additional resources and tools to effectively scale.

Equity 40

Equity Resource Design Tool 40

socalTECH

NOVEMBER 30, 2009

Email is becoming ineffective, and by 2011 there will be three times more smart phones than computers. In September, we took $250,000 in an equity investment round, which was an interesting combination of investment plus acquisition of the assets of another company. The total round was $250,000 in cash plus $170,000 in assets.

Mobile 162

Mobile Web Startup Customer 162

socalTECH

MARCH 28, 2014

Los Angeles-based mobile advertising company Airpush has quietly grown to around $100M in annual revenues, according to a recent ranking from Forbes--a big surprise, as the company was completely bootstrapped by founder Asher Delug , who eschewed the usual use of venture capital and private equity to build a company to those revenue levels.

Startup 196

Startup Mobile Advertising Organization 196

Xconomy

JULY 27, 2016

per share, for a total equity value of $302 million. In 2011, state incentives lured the company to Research Triangle Park, where it built a $19 million lab to bolster its molecular diagnostics business. The board of directors of Sequenom has approved the acquisition, but the deal still needs approval of Sequenom shareholders.

San Diego 40

San Diego .Net Report Sites 40

Tech Zulu Event

MAY 9, 2013

Essner added, “They have a beautiful, modern, workflow-friendly transaction management solution for corporate development teams, sell-side advisors, and private equity firms, as well as an extremely driven and impressive team that is perfectly positioned to take advantage of this big opportunity to disrupt the financial technology sector.”.

Draper 68

Draper Google Software Engineering Invest 68

Startup Professionals Musings

SEPTEMBER 30, 2012

They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control. IPOs in 2008, the market was up to a still trivial 159 in 2011. After a record low of 39 U.S.

Entrepreneur 95

Entrepreneur Startup Report Summary 95

Tech Zulu Event

SEPTEMBER 27, 2011

So with out further ado I present the Spotlight: LA Tech Fall 2011 Judges! Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. When: Thursday, October 27th, 2011 – 6:00 p.m.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

Tech Zulu Event

SEPTEMBER 21, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Entries will be closed for company submissions at midnight of October 16th, 2011. If you’d like to present, APPLY HERE.

Tsavo 76

Tsavo Idealab Tech Coast Angels Userplane 76

SoCal Delicious

SEPTEMBER 19, 2012

Miller was even honored as an Ernst & Young “Entrepreneur of the Year” for 2011. In 2011, Business Insider ranked Legal Zoom No. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. magazine and the LA Business Journal.

Technical Review 75

Technical Review Entrepreneur Riot Games Southern California 75

Tech Zulu Event

FEBRUARY 17, 2016

Why is Twitter’s user acquisition at a standstill , and why are their ad products failing? Sometime in 2011, I started to notice that the content I was putting out on Twitter was not getting the attention that it used to. I believe that Twitter has enough scale and enough brand equity to succeed. The word of mouth.

Platform 40

Platform Startup News Content 40

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Clearly it'd be more accurate to say "sometime in Q1 2011." The United States is now a debtor nation to China and that the bill is about to come due.

Technical Review 175

Technical Review Startup Product Technology 175

SoCal CTO

JANUARY 5, 2011

Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital.

Startup 378

Startup Venture Capital Blogging CTO Coach 378