TechCrunch LA

JULY 23, 2019

Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. You can’t expand in the U.S.

Los Angeles 209

Los Angeles Angel Startup Google 209

TechCrunch LA

DECEMBER 15, 2021

The company saw revenues grow tenfold in the last two years and its total number of properties balloon to over 1,000, and now it will use the new funding for expansion, specifically adding more properties to its platform; and to continue developing its technology as it expands into more aspects of the property rentals business.

Platform 139

Platform Invest Los Angeles Funding 139

socalTECH

DECEMBER 10, 2018

Costa Mesa-based venture capital investor CerraCap Ventures says it has seen an exit out of its investment portfolio, saying that the sale of digital gifting and exchange company Swych resulted in a 4.3X Swytch was a developer of digital gift card and mobile gifting apps, and was acquired about four weeks ago by a company called Finablr.

Venture Capital 113

Venture Capital Mobile Sales Funding 113

socalTECH

AUGUST 13, 2018

Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Wazee Digital had net revenues of over $19M in 2017, according to the companies. Wazee Digital was advised by Waller Capital Partners in the deal; Veritone was advised by GCA Advisors. Veritone said it paid $15.0M

Artificial Inteligence 100

Artificial Inteligence .Net Software Capital 100

socalTECH

JULY 6, 2018

Santa Barbara-based Sonos , which develops very easy to use, connected whole-home speaker systems, has filed for an IPO, saying in a filing on Friday that it is looking to raise up to $100M in an offering on the Nasdaq Global Select Market. The company has applied to list as SONO. The company had a net loss of $14.2M during that period.

Santa Barbara 140

Santa Barbara Redpoint .Net Marketing 140

TechCrunch LA

MAY 25, 2019

Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech. As Amex scoops up Resy, a look at its acquisition history . Startup capital. Let’s take a quick moment to catch up. Fundraising.

Startup 223

Startup Venture Capital Newsletter Tips 223

socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The company said it invested over $50M in R&D efforts towards its technology an product in 2017. READ MORE>>.

OpenX 124

OpenX .Net Advertising Los Angeles 124

socalTECH

JANUARY 11, 2019

In January of 2017, sitting in a back of a Lyft at CES in Vegas, our driver was actually listening to a Latin track playlist his friend from home had sent him. In July of 2017, we started to develop the app, and we had our pilot from September 2017 to December 2017, and went live in March of 2018. READ MORE>>.

Startup 113

Startup Advertising Marketing Platform 113

TechCrunch LA

SEPTEMBER 14, 2018

Oculus has pumped hundreds of millions of dollars into funding VR content, and while the headset market is still small, developers have built plenty of games and experiences. If anything, the OculusVR acquisition in 2014 signaled that Facebook saw VR as a social final frontier. The Social Experiment. Reality Checks.

UCLA 185

UCLA Startup Snapchat Los Angeles 185

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

JANUARY 11, 2019

In January of 2017, sitting in a back of a Lyft at CES in Vegas, our driver was actually listening to a Latin track playlist his friend from home had sent him. In July of 2017, we started to develop the app, and we had our pilot from September 2017 to December 2017, and went live in March of 2018. READ MORE>>.

Startup 100

Startup Advertising Marketing Platform 100

socalTECH

FEBRUARY 15, 2019

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. Uber, Lyft, Airbnb, and others have had to raise tons of capital and have super-solid foundations to go with the hyper-local play. In this industry, customer acquisition costs are super high. I'm a bootstrapper, and super-scrappy.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

socalTECH

MARCH 1, 2017

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities.

Technical Review 100

Technical Review Conference Silver Lake Cornerstone OnDemand 100

Both Sides of the Table

NOVEMBER 14, 2017

As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. How long does it take me to pay back my original customer acquisition costs? There is nothing more pure than building a product, putting it out in the world and seeing paying customers using your product and in some cases loving it.

Startup 286

Startup Technical Review Customer Custom 286

Startup Professionals Musings

DECEMBER 11, 2017

You need 5 percent or more of revenue for marketing, more for new development, and people costs will double as you add benefits, insurance, training, IT and processes. If you want to be assessed as a “premium” acquisition candidate down the road, an aggressive but reasonable target might be doubling revenue each year.

Pricing 57

Pricing Startup Entrepreneur Invest 57