socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital

Both Sides of the Table

FEBRUARY 18, 2016

We use this try to draw some context that informs our funding decisions. Of course we fund companies in good markets and bad. In venture our goal is to fund companies over a 10-year+ time horizon, which is the time it takes to build truly transformational companies.

Funding

socalTECH

DECEMBER 22, 2015

Who or what do you think had the biggest impact on the technology industry in 2015? Richard Wolpert: Late stage private company funding events. They have replaced the IPO which is not great for early stage investors as these late stage financings, creating over 100 unicorns, don�t create liquidity events for early investors.

Southern California

Both Sides of the Table

MARCH 30, 2016

It is an heroic accomplishment in a brutal fund-raising market in which only market leaders can bring in that sort of money. We started planning our fund raising as much as 14 months ago. Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x

Funding

socalTECH

FEBRUARY 25, 2013

Robotoki , a Los Angeles-based game developer headed by Robert Bowling, formerly working on Call of Duty, has raised a funding round from NEXON Co., Robotki's first title is Human Element, a first-person, survival game based on a "zombie apocalypse", and is expected to be released in Q4 of 2015 across consoles, PC, and mobile platforms.

Funding

socalTECH

JANUARY 30, 2018

Los Angeles-based on-demand, dog walking startup Wag has raised an enormous, $300M funding round, the company announced Tuesday morning. Wag said the funding comes from SoftBank Vision Fund. As part of the funding, the company said it has named Hilary SChneider as its new CEO.

Symantec

Both Sides of the Table

JULY 26, 2022

Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds. Obviously the funding environment has changed considerably in 2022 but as early-stage investors our daily jobs stay largely unchanged. What do you do with a $650 million platform?

Startup

Both Sides of the Table

FEBRUARY 12, 2019

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.

Venture Capital

TechCrunch LA

FEBRUARY 3, 2021

Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. In addition to the funding, Good Eggs is also announcing that it has hired Vineet Mehra as its chief growth and customer experience officer.

Southern California

Xconomy

SEPTEMBER 15, 2016

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

San Diego

socalTECH

FEBRUARY 16, 2021

Los Angeles-based Metropolis, a new startup focused on parking, has raised a huge, $41M Series A funding, the company announced on Tuesday. The company says it has now raised $60M in total funding. Israel is the co-founder of parking startup ParkMe, which was acquired by Inrix back in 2015.

Funding

socalTECH

OCTOBER 22, 2018

According to Fisker the funding will go towards the development of its solid state battery technology. In 2015, the founder of Fisker Automotive, automotive designer Henrik Fisker, announced the formation of Fisker Inc. Caterpillar Venture Capital is the investment arm of industrial equipment and vehicle maker Catepillar.

Technology

socalTECH

MARCH 22, 2017

San Diego-based Lightpost Digital , a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The company is a spinout of Deal Current, and was founded in 2015. READ MORE>>.

Services

InfoChachkie

SEPTEMBER 21, 2015

Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. Overall, according to Gartner, the SaaS market will top $22 billion by 2015.

SaaS

socalTECH

APRIL 22, 2015

The company said it was selected to participate in the 2015 class of REach , a growth technology accelerator program sponsored by Second Century Ventures, the strategic investment arm of the National Association of Realtors (NAR). assetavenue real estate loan funding marketplace realtor market realestate' READ MORE>>.

Class

socalTECH

FEBRUARY 4, 2021

Los Angeles-based Halogen Ventures, the venture capital firm led by Jesse Draper, has raised $21M in its second fund, the firm said on Wednesday. According to Halogen Ventures, the fund will continue to invest in women and diversity. Names of limited partners in the new fund were not announced.

Draper

Both Sides of the Table

AUGUST 24, 2015

You thought media twitter was bad… You thought tech twitter was bad… — Hunter Walk (@hunterwalk) August 24, 2015. The immediate impact is a longer funding cycle for anything but seed and A rounds. If markets continue to drop expect fund-raising timeframes to elongate. And if that’s what he meant he was right.

Marketing

socalTECH

AUGUST 5, 2016

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Core Innovation Capital is very active nationally in fintech investments, and raised a big fund in 2015. The company is based in Oakland. READ MORE>>.

Capital

TechCrunch LA

SEPTEMBER 10, 2020

million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. Both Poghosyan and Gudanis have long histories in identity and access management, back in 2009 Poghosyan founded Advancive Technology Solutions, which was acquired by Optiv in 2015 to bulk up its identity access management service.

Los Angeles

Both Sides of the Table

OCTOBER 26, 2020

I’ve become fond of saying “if I had a dollar for every person who told me just how much they loooooved Kara Nortman, I’d have a 10x fund.” Our industry needs more female leaders and they shouldn’t have to all quit their respective firms and raise their own funds to get a shot at running things. Does This Mean You’re Retiring?

Venture Capital

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm's second fund closed at the end of 2015, and was worth $50M. READ MORE>>.

Invest

socalTECH

JUNE 13, 2017

Los Angeles-based Clutter , which operates an on-demand, physical storage service which picks up and delivers your belongings from offsite storage, has raised $64M in a Series C funding, the company disclosed this morning. The funding came from Atomico, Sequoia Capital, GV (Google Ventures), and Fifth Wall. READ MORE>>.

Demand

socalTECH

OCTOBER 4, 2016

Santa Barbara-based Anchore , which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. The funding came from local angel Andreas von Blottnitz, along with Doug Carlisle of Menlo Ventures.

Software

socalTECH

OCTOBER 15, 2014

Qualcomm said it will invest a total of $1M in funding to support program participants, and will initially select 10 companies to participate in the program. Qualcom said that the deadline for applications is February 22nd, and the class will start in May of 2015 and end in September of 2015. READ MORE>>.

San Diego

Both Sides of the Table

NOVEMBER 13, 2014

Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). For starters we’re an LA-based venture fund who invests nationally (and sometimes internationally, but less so). Startup CEO experience (Founded P.S. XO along with my good friend Soleil Moon Frye.

Venture Capital

socalTECH

JANUARY 5, 2015

We are looking forward to this year''s Silicon Beach Fest 2015 continuing these themes and being bigger, adding more international, biotech, and more. Watch for more in 2015. What technologies are you looking at in 2015? What was your biggest lesson learned this year?

Cornerstone OnDemand

socalTECH

NOVEMBER 26, 2014

The project--from Chris Higgins and Hardeep Johar--launched a campaign just last week which has so far raised $12,768 in funding. Unfortunately for this year''s holiday shoppers, it looks like the company doesn''t expect to deliver first product until October of 2015. READ MORE>>.

Southern California

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

Technical Review

socalTECH

MAY 6, 2013

The Pasadena-based company said the new financing was led by RA Capital, and included new investors Camber Capital, Special Situations Fund, and Aquilo Capital. Existing investors Sabby Capital, Sphera Global Healthcare Fund, and Jim Mellon also participated in the offering.

Research

Both Sides of the Table

APRIL 26, 2015

We recently released the video sharing app Ferris and announced that Upfront Ventures led the funding in the company in our seed round of $2 million and I personally joined the board. Imagine if your friends could all contribute the Burning Man 2015 album and create a group story. Mark Suster (@msuster) April 23, 2015.

Invest

socalTECH

OCTOBER 12, 2016

E8 Security said on Tuesday that it has raised $12M in Series B funding, led by Strategic Cyber Ventures, and also including prior investors March Capital Partners, Allegis Capital, and The Hive. in funding. March Capital Partners made its first investment in E8 back in March of 2015. E8 Security has now raised $21.8M

Capital

socalTECH

APRIL 17, 2015

billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association. Other large funding deals in the quarter included $186M invested in Lynda , $76.28M invested in San Diego''s aTyr Pharma , and $50.0M in investments, and Orange County saw $172.81M in funding.

Southern California

Startup Professionals Musings

APRIL 13, 2015

If you need funding for these early stage activities, I have some suggestions on better strategies to follow. Funding sources for this stage extend from grants to large private fund incubators, such as the IBM Watson initiative. Thus the best entrepreneur strategy for funding is to build solutions, not technology.

Develop

socalTECH

FEBRUARY 13, 2019

TuSimple , a developer of autonomous trucking technology which has offices in San Diego and in China, said on Wednesday that it has raised $95M in a Series D funding round. The funding came from Chinese investors SINA Corp. The new funding values the company at $1 billion. The company was founded in 2015.

Technology

Both Sides of the Table

FEBRUARY 14, 2016

In 2015 in the US there were $77 billion written into startup tech companies. I’ll spare you the math and point out that this means we funded 0.104% of the market. If I’m right my only hope is that more companies actually get funded and more companies reduce burn and survive. This is how VCs feel. What hogwash.

Startup

TechCrunch LA

FEBRUARY 16, 2021

His last company, ParkMe, was sold to Inrix back in 2015. And REEF’s $700 million round of funding from last year shows there’s a lot of money to be made — or at least spent — in a parking lot. Israel, a serial entrepreneur, has spent decades thinking about parking. ” he asked.

Artificial Inteligence

socalTECH

MAY 5, 2015

San Diego-based software developer Tealium , which develops software used to manage enterprise "tags", those snippets of codes used for tracking advertising, marketing, analytics, and other efforts, said today that it had 100% growth in the first quarter of 2015. in funding from Georgian Partners, Bain Capital Ventures, and others.

Report