Both Sides of the Table

FEBRUARY 12, 2019

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives?

Venture Capital 328

Venture Capital Invest Seed Funding Startup 328

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. The investor said limited partners include a number of large, US-based family offices. The company says it plans to make seven to nine investments from within its Fund III.

Capital 113

Capital Funding Equity Education 113

socalTECH

DECEMBER 26, 2014

Not only did they have to work 24/7 to build their startup, but they also had to invest the same effort in raising capital. We decided to solve this by building an equity crowdfunding platform to help thousands of startups raise the capital they need. What was your biggest lesson learned in 2014?

Activision 100

Activision Southern California Los Angeles Capital 100

socalTECH

JANUARY 5, 2015

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. The group said it provided $4.7M READ MORE>>.

Pasadena Angels 100

Pasadena Angels Pasadena Angel Venture Capital 100

socalTECH

JULY 20, 2018

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Diversis has been the owner of BLUE since December of 2014 when it acquired BLUE from publicly held Matthews International. READ MORE>>.

Capital 100

Capital Equity Los Angeles Design 100

socalTECH

OCTOBER 11, 2018

This morning, Moonshots Capital (www.moonshotscapital.com), led by Kelly Perdew and Craig Cummings , announced its first formal fund, a $19M seed stage fund. What we would do, is we would round up ten other angel investors, get $25,000 from each of them, and then roll up our sleeves and help that entrepreneur find venture capital.

Capital 164

Capital Funding Startup Venture Capital 164

socalTECH

OCTOBER 27, 2014

The funding came from Escalate Capital Partners. The company said the new funding brings its total raised to $47M in 2014. kareo debt funding medical office software venture capital finance' Terms of the new funding were not announced. READ MORE>>.

Funding 171

Funding Venture Capital Software Capital 171

Both Sides of the Table

OCTOBER 8, 2014

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

socalTECH

NOVEMBER 3, 2014

Social Reality--which is traded OTCBB--said the $25M came in the form of a $20M credit facility from victory Park Capital, and $5M in equity from Siskey Capital LLC. Terms of the Steel Media acquisition were not disclosed, however, the company said Steel Media expected $10M in 2014 revenues. READ MORE>>.

Media 164

Media Acquisition Advertising Equity 164

socalTECH

JANUARY 21, 2014

The funding came from Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital. According to Petnet, the funding goes towards commercializing its "intelligent pet feeder", which it expects to ship in mid-2014.

Seed Funding 185

Seed Funding Los Angeles Funding Capital 185

TechCrunch LA

APRIL 23, 2019

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

Help 126

Help Capital Services Study 126

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. We started March Capital in late 2013.

Funding 160

Funding Capital Artificial Inteligence Startup 160

socalTECH

OCTOBER 27, 2009

Fisker said production is scheduled to begin on the new car in late 2012, and will support 2,000 factory jobs and more than 3,000 vendor and supplier jobs by 2014. Fisker is venture backed by Eco-Drive (Capital) Partners, Kleiner Perkins Caufield and Byers, Palo Alto Investors, and the Qatar Investment Authority. READ MORE>>.

Invest 196

Invest Capital Funding Startup 196

socalTECH

DECEMBER 18, 2014

from TVC Capital, $500,000 from Northgate, and $300,000 from Bill Baumel and RWI Ventures. The company said the new funding brings its total raised in 2014 to $8M. cybersecurity military capital venture software tvccapital security cyber edgewave' The funding included $1.2M EdgeWave is led by former U.S. READ MORE>>.

San Diego 149

San Diego Software Development Software Capital 149

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. You can see all of our holiday reflections here. Risk taking yields innovation.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

MAY 15, 2014

JustFab has previously said it is expecting to generate around $400M in sales in 2014. justfab venture capital merger acquisition exit apparel fashion shoes clothing' According to the report, from Re/Code, the company has hired Morgan Stanley as an advisor. JustFab is led by Adam Goldenberg, and is a spinout of Intelligent Beauty.

Invest 147

Invest Venture Capital Report Acquisition 147

socalTECH

DECEMBER 26, 2014

Not only did they have to work 24/7 to build their startup, but they also had to invest the same effort in raising capital. We decided to solve this by building an equity crowdfunding platform to help thousands of startups raise the capital they need. What was your biggest lesson learned in 2014?

Activision 191

Activision Southern California Los Angeles Capital 191

socalTECH

JULY 17, 2013

Monrovia-based AeroVironment released a response Wednesday to activist investor Engaged Capital , which has taken a 5 percent stake in the maker of unmanned aerial vehicles and electric charging stations. Engaged Capital is an investor based in Newport Beach. Engaged Capital is an investor based in Newport Beach. READ MORE>>.

Monrovia 124

Monrovia Acquisition Pricing Capital 124

socalTECH

APRIL 21, 2014

The latest numbers are out on venture capital investments in Southern California from PricewaterhouseCoopers and the National Venture Capital Association, finding that the region had nearly $762.88M invested in companies in the region during Q1 of 2014. The investment of $762.8M Image courtesy Bigstock. READ MORE>>.

Southern California 165

Southern California Orange County San Diego Avalon 165

socalTECH

MAY 8, 2017

The round was led by Hermed Capital and also included Celgene Corporation, Vivo Capital, Decheng Capital, the Helsinn Investment Fund and Star Summit Ventures. Aadi Bioscience licensed the technology for its biopharmaceuticals from Celgene in 2014. READ MORE>>.

Pacific Palisades 124

Pacific Palisades Capital Activity Funding 124

socalTECH

APRIL 11, 2018

was based in the Netherlands, and was foundedin 2014. SleepScore Labs is led by Colin Lawlor, and is a joint venture of ResMed, Dr. Mehmet Oz, and Pegasus Capital Advisors L.P. SleepScore said that Sleep.ai READ MORE>>.

Capital 133

Capital Help Develop Development 133

TechCrunch LA

SEPTEMBER 24, 2018

Instead, he’s launched a new delivery service that has just raised $3 million from Casa Verde Capital , the $45 million venture firm founded by hip hop impresario Snoop Dogg, and Kevin Durant’s Durant Company — among others — to take advantage of the growing demand for marijuana delivery.

Services 259

Services Venture Capital Startup Los Angeles 259

socalTECH

APRIL 21, 2017

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings , a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced. in the transaction.

Equity 113

Equity Los Angeles Sales Capital 113

socalTECH

DECEMBER 19, 2017

The new funding, a Series C round, came from Caspian Venture Capital and DP World. Virgin Hyperloop One says it has now raised a total of $295M since it was founded in 2014. According to Branson, the new investment by Caspian and DP World will help it pursue opportunities in key markets in the Middle East, Europe, and Russia.

Funding 133

Funding Venture Capital Los Angeles Invest 133

socalTECH

SEPTEMBER 9, 2019

The funding was led by Northpond Ventures, and also included Oxford Finance and BroadOak Capital partners. SGI-DNA spun out of San Diego's Synthetic Genomics in March, and was founded in 2014. The company said it is working on a product roadmap which includes automated printing of biological materials and DNA data storage.

Funding 124

Funding San Diego Platform Capital 124

socalTECH

OCTOBER 22, 2018

Los Angeles-based Fisker , the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. Caterpillar Venture Capital is the investment arm of industrial equipment and vehicle maker Catepillar.

Technology 133

Technology Funding Venture Capital Design 133

socalTECH

JULY 19, 2019

Venture Partners, MK Capital, Shasta Ventures, First Round Capital and Richmond Park Partners. It sold that business, Movieclips.com, in 2014, to Fandango. ZEFR will continue to focus on its other business, in context-sensitive advertising for YouTube, and will have around 150 employees left in that business unit.

Fandango 127

Fandango Content Los Angeles Startup 127

socalTECH

OCTOBER 12, 2018

Rentlytics was venture backed by Trinity Ventures, Rincon Venture Partners, Cue Ball and Daher Capital. Andelman has since combined Rincon Venture Partners with the venture firm of Mark Mullen, Double M Capital, to create Bonfire Ventures.

Seed Funding 113

Seed Funding Santa Barbara Software Development Capital 113

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. L Squared said the sale is the fourth exit from its 2014 vintage year fund, and its third exit from the education market.

Company 113

Company Companies Education Equity 113

socalTECH

OCTOBER 24, 2012

CEO Howard Janzen told the publication that the firm hopes to start delivering its fuel from its facility in 2014. According to a report from GigaOm this morning, an effort to raise $100M to build out its first biofuels facility. Cool Planet Energy is backed by Electric, Google Ventures, BP, ConocoPhillips, NRG and Constellation Energy.

Report 153

Report Google Venture Capital Capital 153

socalTECH

JANUARY 11, 2018

According to LoanHero had been venture backed by Alsop Louie Partners and Mucker Capital, and had raised $4.2M LoanHero had been founded in 2014. San Diego-based LoanHero , which had offered up a service to help merchants offer up point-of-sale financing options to consumers, has been acquired by Georgia-based LendingPoint.

San Diego 113

San Diego Sales Capital Funding 113

TechCrunch LA

JANUARY 26, 2022

Founded in 2014, Glossier is widely touted as one of the earliest breakout successes of the DTC model, and raised its Series E last July at a $1.8 billion valuation from Lone Pine Capital, Sequoia, Forerunner Ventures and others.

CTO Hire 197

CTO Hire Layoffs Commerce Email 197

socalTECH

AUGUST 4, 2021

Lawn Love was backed by Bullpen Capital, Y Combinator, Alexis Ohanian, Joe Montana and Barbara Corcoran, and had raised $6.7M The company was founded in 2014. Financial terms of the cash-and-stock deal were not announced. in total funding.

San Diego 113

San Diego Demand Capital Funding 113

TechCrunch LA

APRIL 12, 2018

Now following a $62 million round of funding led by Battery Ventures last month, the company is worth roughly $800 million, according to people with knowledge of the investment, and is on its way to becoming Los Angeles’ next billion-dollar business.

Glendale 271

Glendale Startup Los Angeles Technical Review 271

socalTECH

JUNE 8, 2017

Luxe is venture backed by Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others. Upfront made its investment in Luxe in 2014. READ MORE>>.

Redpoint 113

Redpoint Report Google Invest 113

socalTECH

SEPTEMBER 26, 2016

The funding came from Romulus Capital along with ff Venture Capital. in seed funding in 2014, and was part of the AmplifyLA startup accelerator. Agoura Hills-based Estify , a developer of software to help auto body shops creates estimates on repair for auto insurers, has raised $6.3M Estify was founded by Jordan Furniss.

Agoura Hills 100

Agoura Hills Agoura Software Seed Funding 100

socalTECH

FEBRUARY 7, 2018

ZipRecruiter is led by Ian Siegel, and previously raised $63M in its Series A funding back in 2014; the company's investors include Institutional Venture Partners (IVP), Basepoint and Industry Ventures. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP. READ MORE>>.

Report 145

Report Santa Monica Invest Funding 145