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 113

Capital Funding Equity Education 113

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 100

Company Companies Equity Research 100

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 113

UCLA Los Angeles Equity Angel 113

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.

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Funding Guide Equity Invest 113

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

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 124

Internet Brands El Segundo Equity Sites 124

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 113

Equity Los Angeles Sales Capital 113

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 100

Thousand Oaks Equity Develop Development 100

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 113

Southern California Woodland Hills SoCal San Diego 113

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 Equity Advertising 164

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 100

Competition Santa Monica Demand Equity 100

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 153

San Diego Equity Funding Develop 153

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 145

SpaceX Draper Hawthorne Equity 145

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 188

Company Companies Los Angeles San Diego 188

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 100

Silver Lake Equity Acquisition Los Angeles 100

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 100

Outsource Santa Monica Startup Equity 100

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 171

Writing Los Angeles Equity Startup 171

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 113

Capital Southern California Equity San Diego 113

Both Sides of the Table

DECEMBER 16, 2014

We also promoted Jordan Hudson to principal in 2014 and have encouraged him to begin looking at deals. So they will have allocations to US public equities, international public equities, emerging market public equities, real estate, mining, minerals and so forth.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

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 191

Activision Southern California Los Angeles Capital 191

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 174

Startup Metrics Customer Custom 174

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 104

Equity Patents Startup CTO Hire 104

Xconomy

JANUARY 11, 2018

When he rejoined civilian life in 2014, Hafer says he wanted to transition into working with something for which he already had a passion. But the one thing he could do something about was the terrible coffee. “I I started roasting my own coffee and taking it with me overseas,” he says. “I That was the start of Black Rifle Coffee. “My

Commerce 76

Commerce Startup San Diego News 76

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 113

Startup Platform Commerce San Diego 113

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 79

Startup San Diego Class Capital 79

Xconomy

DECEMBER 11, 2018

The company isn’t disclosing how much was invested, but says the round brings the total it has raised since its 2014 founding to more than $10 million. On Tuesday, Sensemetrics announced it has closed its first institutional funding round, which it is calling its Series A investment. CEO Matt Meehan says Sensemetrics.

San Diego 62

San Diego Platform Invest Funding 62

socalTECH

JUNE 27, 2019

We were acquired in 2014 by Summit Partners, and I ended up in private equity, post-acquisition at Summit Partners. I will say, is that private equity was almost like my MBA, in that it taught me how to scale a business efficiently. Michael Greenberg: My original background was in theoretical physics, at UCLA.

Dollar Shave Club 113

Dollar Shave Club Artificial Inteligence Customer Custom 113

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 113

Startup Entrepreneur Funding Equity 113

TechCrunch LA

NOVEMBER 4, 2019

The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year. Ben Jeffries launched his startup, Influencer , in London in 2014 after his close friend matched with Caspar Lee, a Yo uTuber with 7.3 focused fund.

Platform 170

Platform Marketing Tool Venture Capital 170

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 124

Startup Cornerstone OnDemand Software Review Woodland Hills 124

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 104

Angel Funding Startup Venture Capital 104

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 98

Entrepreneur Startup Report Statistics 98

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 40

Technology Venture Capital Beverly Hills Funding 40

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 127

Google Paid Search Mobile Activity 127

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

InfoChachkie

FEBRUARY 17, 2015

Fast Forward to 2014: According to James Carlton , “Every Packers game for the past 54 years has been sold out and the team''s season-ticket waiting list has nearly 90,000 people on it. This allowed the management team to recoup a huge chunk of equity, which served them well when they eventually sold Miramar to Computer Associates.

Miramar 100

Miramar .Net Sales Entrepreneur 100

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 324

Venture Capital Startup Blogging Platform 324