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Tech Coast Angels: Record Amount Invested In 2014

socalTECH

Southern California''s biggest organized, angel investment group, the Tech Coast Angels , said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. The investments were up by 12 percent from 2013, when the angel group invested $14.64M in its portfolio.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Image courtesy Bigstock. READ MORE>>.

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Pasadena Angels Racked Up Four Exits, Closed 17 Deals in 2014

socalTECH

The Pasadena Angels , one of the most active organized angel investment groups in the Los Angeles area, released some details on the groups'' 2014 performance over the holidays, saying that it saw a total of four exits--including a $100M exit over at Bluebeam --and closed 17 deals during the year. READ MORE>>.

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YouTube Star PewDiePie Earned $7M In 2014

socalTECH

In what helps prove the increasing importance of content on YouTube, popular Youtuber PewDiePie revealed this week that he earned more than $7M in 2014 , thanks to payouts from YouTube. PewDiePie's content revolves around video game and internet related content; his channel is one of the most popular channels on YouTube.

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Google Cloud will launch its Los Angeles region in July

TechCrunch LA

It’s no secret that Google has long planned to open a cloud region in Los Angeles. But as Google announced today , the new Los Angeles cloud region will go live in July, making it the company’s fifth region in the U.S. The company has long said that a second region on the U.S. West Coast was in the works, after all.

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Tech Coast Angels Get Big Exit At Parcel Pending

socalTECH

The Tech Coast Angels (TCA), Southern California's big angel network, says it has seen a successful exit in its investment in Parcel Pending , a provider of package management solutions. The Tech Coast Angels were part of the $1.25 million original funding of Parcel Pending in 2014.

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Howard Marks: What I Learned In 2014

socalTECH

Our first post over the holidays is from Howard Marks --who co-founded Activision--and recently founded startup accelerator StartEngine, and who has been very active in encouraging the technology industry in Los Angeles. What was your biggest lesson learned in 2014? What was the most significant event for you or your company this year?