socalTECH

MAY 25, 2017

Toba Capital , the venture capital investment firm founded by Quest Software's Vinny Smith, has scored another exit, this time at San Francisco-based cloud applications tool developer Codenvy. Red Hat said this morning that it has acquired Codenvy, but did not disclosed financial details of the acquisition. billion in 2012.

Capital 113

Capital Venture Capital Acquisition Tool 113

Tech Zulu Event

JUNE 14, 2013

TechZulu is excited to invite you on July 18, 2013 at 7pm , to a fireside chat with Krishna Gupta , Partner/CEO of Sortfolio , which he recently acquired from 37Signals. Krishna will share his experience on ”What Makes a Startup Attractive for Acquisition” There will be plenty of FREE Pizza & Drinks !

Acquisition 92

Acquisition Startup Santa Monica UCLA 92

socalTECH

DECEMBER 11, 2014

in May of 2013 for what was then worth up to $117M. awesomeness hearst dreamworks merger acquisition investment' Hearst Corporation and DreamWorks Animation said late Thursday that Hearst has taken a 25% stake in Awesomeness.TV , for $81.25M, in a deal that values Awesomeness.TV at around $325M. Awesomeness.TV Awesomeness.TV

Southern California 124

Southern California Acquisition Invest Capital 124

socalTECH

APRIL 21, 2020

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx , in a deal worth $1.15 K1 says that since it made its initial investment in K1 in 2013, the company grew its revenues "more than ten-fold", expanding its customer base from less than 200 customers to over 1,400.

Equity 113

Equity Software Development Los Angeles Software 113

socalTECH

JULY 18, 2014

The move--which has been in the works since at least February --follows the company''s acquisition by Vista Equity Partners back in August of 2013. in an investment in Omnitracs to spur the move, which takes 450 jobs out of San Diego. Omnitracs was formerly part of Qualcomm. Texas Governor Rick Perry said the state paid $3.9M

San Diego 159

San Diego Equity Acquisition Software Development 159

socalTECH

SEPTEMBER 13, 2013

It looks things are definitely growing at financial software firm Blackline Systems , as the firm clarified that it actually did just over $25M in revenues in 2012, and is on track to have $40M plus in revenues for 2013. blackline systems accounting software expansion merger acquisition silver lake' READ MORE>>.

Silver Lake 164

Silver Lake Equity Acquisition Software 164

socalTECH

APRIL 4, 2014

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. on revenues of $133.958M for the year ended December 13, 2013. truecar merger acquisition exit nasdaq true automobile buying pricing' READ MORE>>.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

MAY 28, 2021

FIGS was started in 2013, raising a seed funding worth only $2M from Crocs, Mohr Davidow Ventures, 500 Startups, Karlin Ventures, and others. The company's Co-CEOs are Heather Hasson and Trina Spear.

Seed Funding 113

Seed Funding Startup Pricing Los Angeles 113

socalTECH

JULY 22, 2015

Financial details of the acquisition were not disclosed. William Morris made a strategic investment in Chaotic Moon back in March of 2013. Chaotic Moon and Accenture said this morning that Chaotic Moon has been acquired by Accenture, to help boot Accenture Interactive. READ MORE>>.

Beverly Hills 100

Beverly Hills Activity Acquisition Invest 100

socalTECH

JUNE 2, 2015

The funding was led by Canso Investment Council, and included both equity and debt. The company--until recently known as Tech Media Network--said the funding goes towards strategic acquisitions. Tech Media Network acquired LA's Bestofmedia Group, the publisher of Tom's Hardware, Tom's Guide and Tom's IT Pro online, back in 2013.

Culver City 100

Culver City Guide Equity Media 100

socalTECH

AUGUST 2, 2013

San Diego-based sports and activity registration provider Active Network appears to be looking for a buyer, or maybe an outside investment, saying yesterday that it has created a committee to evaluate "strategic transactions". for the three months ended June 30, 2013. The disclosure came in Active Network''s quarterly results.

Activity 100

Activity Networking San Diego .Net 100

socalTECH

SEPTEMBER 12, 2013

The company recently took a majority investment from Silver Lake Sumeru. The company said it has increased its revenues by more than 50 percent annually for the past six years, with revenues up 55 percent in the first half of 2013. blackline systems revenues accounting software financial merger acquisition private equity'

Silver Lake 147

Silver Lake Equity Software Acquisition 147

Tech.Co

DECEMBER 4, 2020

has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co 2013: Tony Hsieh shares his vision of the Downtown Project in Keynote address. They invest in early-stage startups through Established Ventures, as well as their involvement in NextGen Venture Partners.

Commerce 207

Commerce Statistics Custom Customer 207

Xconomy

OCTOBER 27, 2016

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. The increase in dollars flowing to agtech comes despite commodity prices that are down 65 percent from their 2013 peak, the report says.

Venture Capital 40

Venture Capital Pricing Invest Report 40

socalTECH

JULY 25, 2016

Outerwall had acquired EcoATM in 2013 for $350M. It's unclear what the private equity acquisition means for EcoATM's San Diego operations. EcoATM had laid of 107 people in San Diego, as it responded to those threats and was attempted to cut its costs. Outerwall also owns Redbox and Coinstar. READ MORE>>.

Equity 100

Equity San Diego Acquisition Company 100

socalTECH

OCTOBER 10, 2012

IO Data Centers New World Ventures , the venture investment arm of The Pritzker Group--which has been one of the most active local investors in Los Angeles in recent months--is already on track to an IPO, according to a report. The investment in IO is apparently the largest, ever investment by New World Ventures in a company.

Los Angeles 164

Los Angeles Activity Invest Report 164

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. Levinsohn has not said what he'll do next after his stint as Yahoo CEO. READ MORE>>.

Yahoo 145

Yahoo Southern California News Venture Capital 145

Both Sides of the Table

JANUARY 19, 2015

We have made 5 online video investments in total – some we will talk about later this year. Content is a “hits driven business” and therefore you can only invest in platforms not media. You must invest in technology. You can’t build a brand on YouTube. I think most arguments miss the mark.

SEM 150

SEM Content Platform Acquisition 150

socalTECH

JANUARY 5, 2015

At the end of 2013, we were excited when there was an investment round of $20M to $30M. Disney''s acquisition of Maker Studios for $500M-$1B set the tone, and soon after, Facebook acquired Oculus for $2B, and Apple acquired Beats By Dre for $3B. This is just the start. Watch for more in 2015.

Cornerstone OnDemand 100

Cornerstone OnDemand Belkin Entertainment Newsletter 100

Both Sides of the Table

MAY 25, 2013

Most top tier VCs return about 3x invested capital and outlier funds (the best of a vintage) might return 6-8x. But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. In 2013 it is expected to be around $35 billion. Yeah, true.

Venture Capital 374

Venture Capital Entrepreneur Invest Funding 374

Xconomy

MAY 31, 2016

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. That forms one end of the company’s spectrum of startup activities.

Funding 62

Funding Artificial Inteligence Cloud Computing Writing 62

socalTECH

FEBRUARY 22, 2016

ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar. Engaged Capital wants Outerwall to discontinue its share repurchases and to seek "strategic alternatives" to the rest of Outerwall's business, including outright sale of the entire company. READ MORE>>.

Sales 100

Sales San Diego Demand Capital 100

socalTECH

DECEMBER 30, 2015

Our first investment in the new fund was a $12 million investment in Beverly Hills based MediaPlatform. It is easy to invest capital, but very, very hard to exit, so don't. TVC is currently investing their third fund and has over $235 million under management. be the pig and don't get greedy. READ MORE>>.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

Tech Zulu Event

MAY 1, 2014

If you already heard of the name, then you already know why the acquisition is such a big deal. Investors are then allowed to browse and invest in real estate property, diversify their investment portfolio, and generate some income. The company was founded by David Manshoory in December 2013.

Platform 110

Platform News Startup Invest 110

socalTECH

DECEMBER 26, 2012

As the founder of an accelerator, I'm constantly being approached by ambitious people with big ideas, and generally we invest in 1/100th of what comes to us. This year, we were lucky enough to find 40 great startups to invest in, growing StartEngine immensely. 12 major acquisitions this year putting it over 100 since 05.

Southern California 168

Southern California High Tech SaaS Social Media 168

Tech Zulu Event

JANUARY 27, 2016

In 2013, Kiel became Executive Vice President of the Grammy-award winning rock band Linkin Park’s proprietary company, Machine Shop, where he focused on restructuring, rebranding, and re-launching the business to effectively leverage Linkin Park’s global reach of over 65 million Facebook fans. Powered by Bizzabo. Joe received his B.S.

Startup 40

Startup Santa Monica Venture Capital SaaS 40

Tech.Co

APRIL 24, 2018

Many have exited via successful acquisitions, while others have IPO’ed with the same impressive result. Not to mention there’s a chance at a possible investment from the Established Investment Community. One of our advisors heard about the Startup of the Year competition and thought we should consider pitching.

Startup 70

Startup Competition Google Capital 70

Tech Zulu Event

MARCH 21, 2014

The Bitcoinference served as day 1 of 2 for 500 Startups’ “Commercism” series, with an official agenda that covered industry happenings, social dynamics, and a look into the investment environment. Dan, now named as Product Manager for the Blockchain acquired Zeroblock apps, tells the audience about life after acquisition.

Startup 104

Startup Venture Capital Draper Invest 104

socalTECH

OCTOBER 15, 2015

How would you compare this investment, versus the more traditional investments you have been doing at Crosscut? Just to be clear, this is a personal investment, and something that my partners at Crosscut support. At Crosscut, we tend to invest in platforms. Clinton Foy: That's a good question.

Riot Games 100

Riot Games Southern California Invest Startup 100

socalTECH

JUNE 11, 2012

New World is the investment firm of the Pritzker family, and they really have an understanding of this business. Our growth strategy is to be nationwide with major metros by the end of the year, and by the end of the year in 2013, focus on bringing different types of vendors like caters, photographers, DJs, and others into the system.

Santa Monica 211

Santa Monica Seed Funding Startup Conference 211

Both Sides of the Table

SEPTEMBER 15, 2013

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. Except for 2 things: 1. This is always how we saw Maker Studios.

Networking 366

Networking Media Content Customer 366

Xconomy

OCTOBER 18, 2016

They are on more solid footing than they were, but there’s no such thing as solid footing in this industry,” says Rajeev Shah, a managing director at biotech investment firm RA Capital, which had been a Vertex investor but no longer is. Called sofosbuvir (Sovaldi), the drug won FDA approval in December 2013.

Startup 40

Startup Research Sales Organization 40

Startup Professionals Musings

FEBRUARY 26, 2013

Customer acquisition cost. But never forget that traction is necessary, but may not be sufficient, to lower the risk perception of investors, and assure an investment. Marty Zwilling First published on Young Entrepreneur on 02/18/2013. Make sure you understand what it means to you, and communicate where you stand.

Startup 106

Startup Metrics Custom Customer 106

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” No less than Fred Wilson has credited Carlota’s work with having a major influence on his investment strategy at USV.

Entrepreneur 376

Entrepreneur Snapchat Startup Truecar 376

Xconomy

JULY 21, 2016

He also benefited from a program already in place, an oral multiple sclerosis drug called dimethyl fumarate (Tecfidera) that went on to win FDA approval in 2013 and become a blockbuster drug. Biogen has been very deliberate in its dealmaking, reluctant to make a big splash with a large acquisition.

San Diego 40

San Diego Conference Pricing Acquisition 40

Xconomy

AUGUST 12, 2016

Celgene paid Acetylon $100 million in 2013 for an option to buy the company outright, but the deal recently expired without an acquisition, leaving Acetylon to chart a new course. Celgene remains an Acetylon investor, however, and the two are testing drugs together in a variety of trials. In the U.S.,

Google 40

Google Technical Review News Research 40

InfoChachkie

NOVEMBER 14, 2016

Staking its claim in 2013, Surf Air became the first all-you-can-fly membership club. I apologize, but I don’t invest in your space and thus I’m pretty ignorant as to your ecosystem. If so, it seems there might eventually be consolidation – either a rollup or a series of acquisitions by a commercial carrier.

Startup 100

Startup Santa Barbara Networking Services 100