socalTECH

JANUARY 20, 2016

The company--which had just over 1,000 employees in 2014, and started with a mere 5 employees in 2011--says it now has five outsourcing centers in the Philippines. Santa Monica-based TaskUs , the outsourcing firm founded by Jaspar Weir and Bryce Maddock, said today that it has just passed up 5,000 employees. READ MORE>>.

Outsource

socalTECH

DECEMBER 11, 2013

San Diego-based renewable energy developer EDF Renewable Energy has inked a wind farm financing deal with the UBS International Infrastructure Fund , where UBS will acquire 50 percent equity interest in EDF''s 161 megawatt Spinning Spur II wind farm project. Financial details of the funding deal were not announced. READ MORE>>.

San Diego

socalTECH

FEBRUARY 8, 2012

SpaceX said that it will launch two satellites for Asia Satellite Telecommunications Company Limited (AsiaSat) in 2014, from Cape Canaveral. The firm said the launch of the two communications satellites (AsiaSat 6 and AsiaSat 8) will launch in the first half of 2014. Details of the financials behind the latest win were not announced.

SpaceX

socalTECH

OCTOBER 26, 2016

MarketCast was owned by another, private equity investor--RLJ Equity Partners--which acquired MarketCast in November of 2014. Los Angeles-based MarketCast , a market research company providing research services to the global entertainment industry, has been acquired by Kohlberg & Company , according to reports.

Company

socalTECH

JANUARY 29, 2015

Los Angeles-based financial automation software develper BlackLine continues to see its revenues grow, saying Thursday that its 2014, year-over-year revenues were up more than 50 percent. The company receive more than $200M in private equity funding from Silver Lake Partners a few years ago. READ MORE>>.

Silver Lake

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

socalTECH

JULY 24, 2017

El Segundo-based Internet Brands , which is owned by private equity investor KKR, agreed this morning to acquire WebMD in a deal worth approximately $2.8 KKR acquired Internet Brands in 2014. According to WebMD, Internet Brands will pay $66.50 per share in cash for all of the outstanding shares of WebMD common stock. READ MORE>>.

Internet Brands

socalTECH

SEPTEMBER 29, 2020

The funding was led by private equity investor Level Equity. Leonardo says it was founded in 2014, and expects to be installed on 4,000 properties by the end of the year. Charles Chen of Level Equity joins the company's board with the funding. in a funding round, the company said this morning. READ MORE>>.

Equity

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.

Equity

socalTECH

DECEMBER 26, 2014

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? 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.

Activision

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. READ MORE>>.

Capital

socalTECH

FEBRUARY 27, 2019

Irvine-based Pathnostics , which offers up diagnostics tests and services in for urology, women's health, gastroenterology and cancer, has received a strategic investment from Chicago-based private equity investor Water Street Healthcare Ventures, the companies said on Wednesday. Financial details of that investment were not announced.

Funding

socalTECH

SEPTEMBER 30, 2019

Private equity investor Blackstone , through its nonprofit, charity arm--the Blackstone Charitable Foundation , and the University of California system are expanding their efforts to boost entrepreneurship at schools, based off of the success of the program's efforts in Los Angeles at the University of California Los Angeles. READ MORE>>.

UCLA

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

TechCrunch LA

OCTOBER 28, 2020

” Both Vaughn and his Saucey co-founder Daniel Leeb will take management positions at PCH, and Blumberg Capital and Bullpen will have a large equity stake in the newly formed holding company, Vaughn said. We’ve spent the past decade in bev-alc at the forefront of providing solutions to changing consumer shopping behaviors.

Company

socalTECH

JUNE 4, 2019

FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. FTD acquired San Diego's ProFlowers in 2014, paying $430M for the online flower and gift delivery service. United Online was acquired by B.

Southern California

socalTECH

MAY 21, 2018

Santa Monica-based Bird , the on-demand electric scooter rental service backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures, may be seeing even more competition in San Francisco, after reports that Lyft is hoping to launch its own, electric scooter service in the city.

Competition

socalTECH

OCTOBER 23, 2019

Meline--who has been Executive Vice President and Chief Financial Officer at Amgen since 2014--will be replaced by Peter H. Meline, is planning to retire, serving as CFO through the end of 2019, but will remain at the company through the second quarter of 2020.

Thousand Oaks

Both Sides of the Table

NOVEMBER 11, 2013

I often advise startup companies not to try and pin all of your brand equity into an announcement. What’s mostly been keeping her busy in the last few months is onboarding our new CFO – Audrey Lee – and handling the 10-month buildout of our new Santa Monica offices, which are expected to come online in Feb or March of 2014.

Venture Capital

socalTECH

DECEMBER 11, 2017

In 2014, we raised quite a bit of money from St. The company has grown about 200 percent since 2014, in terms of revenue. We sold that to a very large private equity company. They invested in 2014, and asked me to meet with Dallas Imbimbo, the CEO and Founder. Cloud, and really went full force. One of my partners was St.

Startup

TechCrunch LA

JULY 21, 2020

The pay equity fights that the women’s team has led are still ongoing ( and suffered a setback earlier this year ), but Nortman and Portman saw an opportunity to chart a new course for the league with the combination of both of their support. Image Credits: Angel City. That non-profit is also a partner with Angel City. “In

Writing

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. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm.

Capital

Startup Professionals Musings

AUGUST 4, 2014

The first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90 percent of the equity. The value in a startup is all about tangible results, so there is no equity value in the idea alone. Amount of venture funding provided.

Equity

Startup Professionals Musings

OCTOBER 12, 2014

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Startup

Startup Professionals Musings

DECEMBER 27, 2014

Institutional venture capital dispensed thus far in 2014 has been up significantly over the last few years, but is still less than half of the peak hit way back in the year 2000 (over $100 billion). It’s the right way to get money without giving up too much equity or control of your business.

Angel

socalTECH

APRIL 13, 2015

We ended up with 12 people in San Diego at the beginning of 2014, and now we have 42. Gregg Parise: Over the last two and a half years, we''ve raised approximately $10M in equity, and most recently did a bridge financing to get us ready for our Series C round, a little bit of venture debt. How are you funding all of this?

Software

Startup Professionals Musings

JULY 3, 2015

In reality, this option is a nightmare that can bump you out of the driver seat, dilute your equity and create a business entity you can’t control. For financial reasons alone, an IPO is a statistically rare phenomenon, happening just 275 times in 2014 , out of almost 500,000 startups.

Entrepreneur

socalTECH

FEBRUARY 10, 2017

The company, which started in 2014, now has over 40 employees. Mike Whitmire: We put the first version of our software out in 2014, and got a couple of beta clients. We would have been able to been more effective, and retained a greater percentage of equity. What are you working on? How long has your software been available?

Startup

Xconomy

OCTOBER 25, 2016

billion, 2,559 deals), signaling perhaps a period of digestion given how much had been invested during the 2014-2015 window. The greatest level of exit activity over the past decade was in 2014, with nearly $82 billion of activity; the annual average for the last 10 years is $39 billion.

Venture Capital

Tech.Co

JUNE 14, 2024

Women-owned businesses still face disproportionate challenges when it comes to obtaining equity financing, government funding , and private loans. Some equity-focused organizations are trying to level the playing field, however, by offering female entrepreneurs cash injections to launch or grow their venture.

Newsletter

socalTECH

MARCH 10, 2017

funding led by Level Equity. What we did in 2014-2015 and most of 2016, was to really, really refine the business model, so that we could be a successful company, and not just have a successful product. That allowed us to bring in a new investor, Level Equity, and we raised a little over $16M in capital to scale the business.

Google

Both Sides of the Table

APRIL 25, 2011

So assume that in 2012 the company would do $20 million in sales and $2 million in profits (10%) and 2013 they would do sales of $25 million and $4 million in profit (16% net margin) and then slow growth in 2014 to $30 million and $6 million in profit (20% profit). That is $12 million in profits over 3 years.

Services

Xconomy

JULY 26, 2017

Illumina (NASDAQ: ILMN ), a San Diego-based company that was a pioneer in gene sequencing technology, founded the accelerator in 2014, along with Russian billionaire Yuri Milner.

Startup

socalTECH

NOVEMBER 14, 2019

The company got acquired by FD in 2014, and over the next two or three years, a lot of people just left the business. In 2014, there were a few hundred stores running on Shopify, as the e-commerce market was quite fragmented. They were an almost $750 million dollar ecommerce company focused on the gifting space.

Startup

Startup Professionals Musings

JULY 30, 2014

Most equity investors tend to avoid truly disruptive technology startups, since they take longer and more money to scale. Martin Zwilling First published on Entrepreneur.com on 7/21/2014. Attract investors who fear pioneers catching arrows. Imitation with continuous innovation predictably drives progress.

Technology

Xconomy

JULY 26, 2016

The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. In August, 2014, the Defense Department said it had awarded a $58.3 million of a new financing round intended to bring in $62.8 million, according to a recent regulatory filing. It’s unclear, though, if the $41.8

Technology

Startup Professionals Musings

NOVEMBER 1, 2014

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. Marty Zwilling First published on Entrepreneur.com on 10/24/2014. Member of the Advisory Board. You too will be one someday, if you are not already. boomers entrepreneurs gen-x gen-y startups'

Entrepreneur