Remove 2016 Remove Platform Remove Venture Capital
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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

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Illumina Ventures Raises $230M Venture Capital Fund

socalTECH

Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The fund launched in summer of 2016 with $100M from Illumina. The venture investment fund was founded by Nicholas Naclerio, Ph.D.,

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Changes in the Venture Capital Funding Environment

Both Sides of the Table

The second major trend was the rise of the angel that was a function of the boom in Silicon Valley wealth (Google, Facebook, Zynga, Twitter, Salesforce.com, etc) plus the rise of crowd-funding platforms (AngelList) plus the rise of Y Combinator / 500Startups / TechStars. Non VC Growth Rounds. VC Infighting.

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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

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. Traditional venture capitalists will focus on leading larger rounds of equity in fewer companies.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles. “That worldwide reach is very important,” Grignon said.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company developed an additive manufacturing platform designed to make it easier and faster to design and build new cars at a fraction of the cost — all while reducing the environmental impact that traditional factories have. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform.

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Reflections on 2016: Alon Goren, Crowd Invest Summit and 805 Startups

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. We also got the LA VC community involved as well which was a lot of fun. He also created a white label fundraising portal for individuals and businesses hoping to crowdfund ventures independently of major platforms.

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