socalTECH

FEBRUARY 8, 2018

Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. seed funding in that firm. presidential elections in 2016. Moonshots led the $1.4M READ MORE>>.

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socalTECH

DECEMBER 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. In 2016, our Santa Monica office more than doubled market share of early-stage companies. This is a trend from 2016 that should gain momentum in 2017. Rob Freelen: Focus.

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socalTECH

NOVEMBER 25, 2019

Los Angeles-based private equity investor OpenGate Capital said this morning that it has sold one of its portfolio companies, Power Partners , to another private equity-backed company, Pioneer Transformers. Pioneer Transformers is backed by private equity investor Mill Point Capital. Financial terms of the deal were not announced.

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socalTECH

FEBRUARY 2, 2018

Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort.

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Artificial Inteligence Funding Tech Coast Angels IBM 170

socalTECH

AUGUST 23, 2017

Santa Monica-based venture investor Mucker Capital is one of the investors in a developer of fraud prevention and identity verification software, which uses email address scoring. The funding was led by Anthos Capital, and also included Radian Capital, Wipro Ventures, Mucker Capital and Tallwave Capital.

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TechCrunch LA

DECEMBER 8, 2020

The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, who co-founded security firms Check Point and Imperva.

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socalTECH

APRIL 19, 2017

reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 AmplifyLA said it will be reporting quarterly on seed deals, a change from the annual reporting it did in 2016. Venice, California-based startup accelerator Amplify.LA percent, Year-over-Year. raised, from $2.8M

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socalTECH

APRIL 29, 2020

Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital.

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socalTECH

JULY 24, 2019

Bryant Stibel , the Los Angeles area venture capital investment firm of Kobe Bryant and Jeff Stibel, has backed item tracking startup Tile in a new, $45M funding round. Tile is best known for its wireless-enabled tags which allow users to track all kinds of items, from their keys, wallet, luggage, and anything else.

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socalTECH

JANUARY 10, 2017

Los Angeles-based venture investor March Capital Partners , the investment firm run by Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery, has made an investment in Activehours , a new startup offering up early access to paychecks. March Capital Partners launched its new $240M venture fund back in May of 2016.

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Both Sides of the Table

JANUARY 1, 2016

It’s a new year – 2016. We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle. We’re a national venture capital investment firm but with our roots firmly in Los Angeles. We established our brand to lay out our belief system codified in a word: Upfront.

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Startup Coach Course Invest 150

socalTECH

MARCH 2, 2017

VeloCloud Networks a , a developer of software defined, wide area networking (WAN) technology which is backed by Santa Monica-based March Capital Partners, has raised $35M in a big funding round, the company announced today. VeloCloud was one of the first disclosed investment in March Capital's first fund.

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Capital Santa Monica Networking Invest 100

socalTECH

JANUARY 24, 2018

Santa Barbara-based venture capital investment firm Rincon Ventures is part of a new funding round for quality assurance software developer Rainforest QA. Rincon invested in Rainforest QA's Series A round back in 2016. Rainforest is based in San Francisco. Rainforest is based in San Francisco. READ MORE>>.

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Santa Barbara Venture Capital Software Development Capital 147

SoCal Tech Calendar

NOVEMBER 5, 2016

Friday, November 11, 2016 -- Global Alternative Funding Forum.

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socalTECH

MAY 16, 2017

Los Angeles-based Lensabl , a startup which lets online users order up replacement lenses for their prescription glasses, has raised a new round of funding, the company announced today. The size of the funding was not announced. The new funding was led by Amplify.LA The company launched its services in late 2016.

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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. Here are some stats to give you a sense: • Year over year revenue grew 51% in 2015 and we’re forecasting the same again for 2016.

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Funding Startup SaaS Venture Capital 150

socalTECH

MARCH 2, 2015

Size of the funding was not announced. The Series B funding came from Bessemer Venture Partners, Khosla Ventures, the K1W1 investment fund, and Lockheed Martin. The company said it will use the funding to complete its launch system, which it plans to offer up for commercial launches as early as 2016. READ MORE>>.

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Funding Los Angeles Capital Invest 100

socalTECH

DECEMBER 28, 2017

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

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Capital Southern California SaaS SoCal 124

socalTECH

APRIL 6, 2018

San Diego-based Lytx , which develops video telematics products for driving fleets, has scored a massive, $700M funding round from a group of private equity investors. According to Lytx, the funding has an enterprise in excess of $1.5 GTCR acquired Lytx in 2016 , for $500M in cash. and Kirkland & Ellis in the transaction.

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Funding San Diego Equity Invest 100

socalTECH

MARCH 23, 2016

A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic about the future of technology in the region. and China for their opinions.

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Southern California Venture Capital Capital SoCal 100

socalTECH

OCTOBER 29, 2015

La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor.

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Seed Funding Google Funding Tool 100

socalTECH

MARCH 24, 2017

Series A funding. According to Cool Planet, the new funding was led by Agust�n Coppel and North Bridge Venture Partners, and will go towards commercalization of its biochar product, Cool Fauna Engineered Biocarbon. The company still lists an office in Camarillo. READ MORE>>.

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Startup Professionals Musings

OCTOBER 19, 2022

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

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Funding Startup Outsource Development Satisfaction 141

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. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

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Capital Beverly Hills Artificial Inteligence Equity 100

socalTECH

APRIL 7, 2017

Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. billion raised by venture funds in 2016. According to the report, there was $16.5

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Invest Venture Capital Activity Report 147

TechCrunch LA

DECEMBER 15, 2021

Today, Papaya is announcing it has raised $50 million in a Series B round of funding led by Bessemer Venture Partners, with participation from Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime and Sound Ventures.

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Mobile Artificial Inteligence Startup Los Angeles 208

socalTECH

SEPTEMBER 12, 2016

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. READ MORE>>.

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socalTECH

MAY 11, 2017

Financial details of the buy were not announced, but Owlchemy Labs had only raised $5M, in a funding in August of 2016. Qualcomm Ventures was a prominent backer of Owlchemy, along with HTC, The VR Fund, Colopl VR Fund, Capital Factory, and angels. READ MORE>>.

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San Diego Google Funding Capital 124

socalTECH

APRIL 12, 2019

Irvine-based Mavenlink , a startup which develops business process management software and related tools for services businesses, has raised $48M more, in a Series E funding round. The funding came from Carrick Capital Partners and Goldman Sachs Growth Equity.

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Orange County Tool Equity Resource 113

InfoChachkie

DECEMBER 7, 2015

There’s no question that many VCs (especially those who manage large funds), are underworked and overpaid. Even if their fund fails, they will receive a hefty salary during its ten year life, although they will likely be unsuccessful if they attempt to raise a subsequent fund. The post Is Venture Capital A Path To Riches?

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Venture Capital Capital .Net Entrepreneur 100

socalTECH

JANUARY 28, 2020

Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2 Capital, Milliways Ventures, and Array Ventures, among others. ServiceNow said it expects to complete the acquisition by the end of Q1.

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Artificial Inteligence San Diego Acquisition Tool 124

socalTECH

JANUARY 26, 2021

Traliant was founded in 2016, and says it has over 5,000 customers. Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced.

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Manhattan Beach Equity Funding Training 113

socalTECH

FEBRUARY 21, 2017

The funding came from Longboard Capital Advisors, LLC, which is an existing stockholder of the company. Resonant said Longboard also had provided it with financing in Spetember of 2016. Goleta-based RF filter developer Resonant announced this morning that it has raised $7.5M Resonant trades on the NASDAQ as RESN. READ MORE>>.

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socalTECH

MAY 22, 2019

Los Angeles-based venture investor Upfront Ventures unveiled one of its new startups on Wednesday, a company which has been in stealth mode since 2016. The startup is led by Trevor O'Brien, and also has received funding from Hunter Walk of Homebrew, Jess Verrilli of #Angels and Nancy Duarte of Duarte, Inc. READ MORE>>.

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Duarte Startup Seed Funding Los Angeles 113

socalTECH

NOVEMBER 30, 2017

Gores acquired Peoplenet in 2016, through its Gores Small Capitalization Partners fund. Peoplenet was a developer of cloud-based, workforce management software; Bullhorn is a developer of CRM and operations software for the recruitment industry. READ MORE>>.

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TechCrunch LA

APRIL 24, 2020

Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. It was enough to get the attention of investors and at least two global OEMs as customers. Divergent can’t name the customers because of non-disclosure agreements.

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Startup Technical Review Outsource Development Platform 251

socalTECH

APRIL 12, 2017

billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report , issued by PricewaterhouseCoopers LLP and CB Insights. billion to US, VC-backed startups in Q1, across 1,104 deals, which was up 15 percent in dollars and 2 percent in deals from Q4 of 2016.

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Venture Capital Southern California Orange County Invest 113