Xconomy
AUGUST 10, 2016
On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.
socalTECH
DECEMBER 4, 2018
Freeletics says its app is focused on promoting both physical fitness as well as mental strength, willpower, and self-confidence, and uses artificial intelligence technology to help hone those workouts. Although the round is a Series A funding for the company, Freeletics was actually founded in 2013. READ MORE>>.
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socalTECH
FEBRUARY 5, 2019
Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund.
socalTECH
DECEMBER 30, 2015
Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. It is easy to invest capital, but very, very hard to exit, so don't.
TechCrunch LA
DECEMBER 4, 2018
Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. One of Europe’s most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors.
Xconomy
OCTOBER 16, 2016
Unlike many of its rivals, Sheik said Certona had raised a total of only $7 million in venture capital (in 2008) from ABS Ventures of Waltham, MA, and San Diego’s Express Ventures. We’ve been fairly capital-efficient in this fast-growth e-commerce space,” Sheik said. “It It wasn’t about raising multiple rounds and burning jet fuel.
Xconomy
NOVEMBER 13, 2016
The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital. —Intel (NASDAQ: INTC ) paid over $400 million in August to acquire Nervana Systems , the two-year-old San Diego startup offering its machine learning technology as a cloud-based service.
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