This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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>>.
Irvine-based Kareo , which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. The company said the new funding brings its total raised to $47M in 2014. Terms of the new funding were not announced.
Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House.
That company was Invoca, which just announced a $20 million fund raise led by Accel. So I think it’s now fair to rate me at 9/10 on follow-on fundings. ” So it’s now March 2014 – 5 years since I started investing. I am closing 3 new fundings in April (2 new, 1 follow-on). 5 years ago.
Here, David Cremin , a venture capitalist at DFJ Frontier , shares his thoughts on 2014. Several companies in the Frontier portfolio earned liquidity in 2014, providing significant profits to our partners. This enabled our partnership to raise its third Frontier Fund offering, focused on early stage media and technology companies.
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 group said the investments make 2014 its largest ever since 1997 in terms of deals funded and amount raised.
2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. In addition, after less than 90 days from announcement to completion, we closed our latest fund just before Christmas with $115 million in commitments. What was your biggest lesson learned in 2014?
Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As you can see below the number of seed funds shot up dramatically between 2006 and 2014. It’s very noticeable in terms of funds raised, dollars invested and deals completed.
San Diego-based SGI-DNA , a biotech company which is developing synthetic genomics and dna data storage technology, announced this morning that it has raised $25M in its Series A funding round. The funding was led by Northpond Ventures, and also included Oxford Finance and BroadOak Capital partners. READ MORE>>.
You’ve had a few difficult years outside of work – I feel confident 2014 is going to be a great one! In the market we’ve seen the massive uptick of SaaS valuations in the public markets and commensurate attention on private market fundings and valuations. I feel confident in our 2014 plans. I appreciate that.
My most significant event of 2014 is definitely Silicon Beach Fest, the multi-day tech community fest, which just keeps getting bigger. Silicon Beach Fest 2014 attracted more than 2,000 attendees, with more than 350 speakers, of which more than one third were women. What was your biggest lesson learned this year?
Los Angeles-based Virgin Hyperloop One confirmed on Monday afternoon that it has raised $50M in new funding, and namd Sir Richard Branson as Chairman of the company. The new funding, a Series C round, came from Caspian Venture Capital and DP World. Virgin HyperloopOne is led by CEO Rob Lloyd.
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. in new funding for its portfolio companies.
What was your biggest lesson learned in 2014? This will finally revolutionize the way startups get funded. We decided to solve this by building an equity crowdfunding platform to help thousands of startups raise the capital they need. What technologies or things are you looking forward to most in 2015?
Southern California has had a banner year this year, with a huge number of successful exits, fundings, and more. There''s less than a week to the technology industry''s biggest holiday event of the year--the Digital Family Reunion on Wednesday, December 10th at the Skirball Cultural Center.
According to Fisker the funding will go towards the development of its solid state battery technology. Fisker has essentially been dormant since 2014, when the company's predecessor, Fisker Automotive, went bankrupt and was sold to Chinese company Wanxiang Group. Size of the strategic investment was not announced.
This morning, Moonshots Capital (www.moonshotscapital.com), led by Kelly Perdew and Craig Cummings , announced its first formal fund, a $19M seed stage fund. We had been doing that for several years, and decided we wanted to start syndicating deals in September of 2014, so we formed Moonshots Capital. That was the umbrella.
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 company says it plans to make seven to nine investments from within its Fund III. The investor said limited partners include a number of large, US-based family offices.
Los Angeles-based Petnet --a developer of automated, smartphone-connected devices to feed your pets when you are away--said this morning that it has raised $1.125M in a seed funding round. The funding came from Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital.
Southern California has had a banner year this year, with a huge number of successful exits, fundings, and more. It''s the season to celebrate the technology and media industry''s success here with the Digital Family Reunion on December 10th at the Skirball Cultural Center.
in a new fund, Domain Partners IX, LP , according to a regulatory filing by the firm last week. According to the filing, the fund now stands at $163.6M, and includes six limited partners. Fundraising for the new fund first began in December of 2014, according to the filing.
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.
The University of California system said Tuesday that it has launched a new venture capital fund, with $250M in investments, to specifically invest in opportunities emerging from the University of California's ten campuses. The UC System said the new fund will be led by Silicon Valley entrepreneur Vivek Randadive. READ MORE>>.
Beepi , the online used car sales startup which expanded into Los Angeles in 2014, has shut down, according to reports. The Silicon Valley startup had raised more than $150M in funding. The company's $60M funding in 2014 had been focused on expansion to Los Angeles. READ MORE>>.
Portfolium was founded in 2014, and was led by founder and CEO Adam Markowitz. Portfolium had been venture backed by SFJ Ventures, University Ventures, USA Funds, the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. Financial details of the acquisition were not announced.
Pathnostics, which was founded in 2014, is best known for its Guidance UTI test, which simultaneously diagnoses and guides antibiotic treatment for complex, recurring urinary tract infections. Financial details of that investment were not announced.
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 said the funding for the plan twill come from the $528.7M, Department of Energy loan it received in September. formerly General Motors Corp.),
” 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. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. It is different.
Financial terms of the funding were not disclosed. Panasonic made its first investment in the company in December of 2014, and another in September of 2016. The two said that, as a result of the investment, Coronal will become Coronal Energy powered by Panasonic. Coronal Energy is led by Jonathan Jaffrey.
Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. in Los Angeles.
We’re excited to share the exciting Indiegogo SXSW Tech Cafe 2014 lineup of events with you! Make It Rain – The New Healthcare Funding Landscape with Bre DiGiammarino. The post TechZulu at SXSW 2014 Live From Indiegogo Tech Cafe & Join Us for Happiness Hour! We’d love for you to drop by and say hello at one or all of them.
Los Angeles-based enterprise software maker Chrome River , which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding came from Great Hill Partners. 500|5000 and the Deloitte Technology Fast 500.
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>>.
million for its fourth fund dedicated to investing in healthcare companies. Among the notable exits was San Diego’s Lumena Pharmaceuticals, which Irish pharmaceutical giant Shire (NASDAQ: SHPG ) bought for more than $260 million in 2014. RiverVest Venture Partners, a St. At the time, Lumena’s chairman was RiverVest.
Philz Coffee , the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. As part of the funding, Jim COulter and Sanjay Banker, both of TPG, join the company's board. READ MORE>>.
San Diego-based cyber security software developer EdgeWave has raised $2M more in a Series A funding, the company said Wednesday. The funding included $1.2M The company said the new funding brings its total raised in 2014 to $8M. EdgeWave said the new funds will go to support and expansion of its operations.
I believe the middle isn’t being “gutted” but rather is being supplemented by “opportunity funds” and “growth funds” that sit side-by-side “core funds” allowing the firms to stay small and nimble while still being able to grab prorata rights of their best early-stage investments.
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.
Santa Monica-based online employment marketplace ZipRecruiter has reportedly raised $50M in a Series B funding round, which values the company just shy of $1 billion, according to reports this morning. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP.
San Francisco-based Good Eggs , a fresh meal kit and grocery delivery startup, said today that it is aiming at expansion in Southern California next year, after raising $50M in a new funding round. It appears the company's lineup of investors is a complete turnover from its last funding round, in 2014. READ MORE>>.
Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over 60 times as many companies, according the Center for Venture Research. Here are a couple of concerns and possible negatives to avoid: More startups left in the funding gap.
Fullscreen had acquired Viddy in January of 2014, after Viddy had already shifted its model and changed its name to Supernova. At one point, Viddy raised a huge, $30M funding round to further develop its app and service, only to recap and return $18M of that funding a year later as it failed to gain traction among users.
Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. Taken together these “mega rounds” represent nearly half of the funding in 2018. More on that later.
But I continue to learn that there are a host of other factors, maybe not even related to you or your business, that could keep you from getting the funding that you need. Almost 80% of the funding handed out in the US consistently comes from these three locations. The good news is that both of these are looking up these days.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content