TechCrunch LA

NOVEMBER 11, 2020

2020 is set to be a record year for London’s impact tech companies, which have received $1.2 San Francisco’s impact-based tech companies have also shown strong growth over the past five years, with the data revealing that VC investment into its impact tech companies has almost tripled (2.8 times) since 2015, compared to 3.1

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socalTECH

AUGUST 19, 2021

Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. The company is owned by Clearlake Capital Group and Charlesbank Capital Partners.

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socalTECH

DECEMBER 26, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

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socalTECH

SEPTEMBER 21, 2021

Los Angeles-based Savyint, which develops identity and access management software for the enterprise market, has raised $130M in a new financing, according to the company. The company says it has now raised $170M in total capital. The company said it will use the funding to grow its investments in R&D and personnel.

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TechCrunch LA

JULY 24, 2019

The company founded by two former Bain consultants is the latest to take on the growing market for non-alcoholic intoxicants that use a combination of chemicals traditionally found in the marijuana plant to make their drinks. Bullock initially worked at the investment bank, Allen & Co., million for their venture. ”

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TechCrunch LA

MAY 23, 2019

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.

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Funding Startup Seed Funding Los Angeles 218

socalTECH

AUGUST 18, 2020

Davis was previously the company's President, and earlier had served as Chief Operating Officer. SmartAction is backed by private equity firms Staley Capital and TVC Capital. The company went through a management recapitalization in February of 2018. READ MORE>>.

Equity 113

Equity Software Development Web Los Angeles 113

socalTECH

FEBRUARY 7, 2019

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018.

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San Diego Equity Software Development Software 124

TechCrunch LA

JANUARY 16, 2019

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. Jam City is coming off of a strong year of company growth. And the company isn’t the only mobile games studio making moves.

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Mobile Capital Los Angeles Acquisition 251

socalTECH

JANUARY 28, 2019

The company said the branding includes a "new look". The new branding also includes a new logo for the company. The company recently went through a merger with GIS, another background screening company. HireRight and GIS announced that merger effort in May of 2018. HireRight is led by CEO Guy Abramo.

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SoCal Tech Calendar

AUGUST 10, 2018

Thursday, August 16, 2018 -- Global LAVA: "Exit Options in Today's Environment" Whether you are just starting a business or exploring exit options, this Global LAVA event is designed to educate entrepreneurs, investors, and service providers about the current market dynamics and opportunities to position a company for a successful exit.

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LAVA Education Venture Capital Equity 100

socalTECH

DECEMBER 11, 2018

Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M. Jaanuu says it had its biggest month to date in November 2018 and multiple $500,000 revenue days in the last twelve months, the Company is projecting to more than double its sales in 2019.

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Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how Of course we can’t.

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Venture Capital Writing Invest Pricing 471

TechCrunch LA

NOVEMBER 2, 2021

Shares of Switchback II Corporation are off more than 14% in morning trading today, appearing to sell off sharply in the wake of news that the blank-check company’s merger with scooter company Bird has been approved by shareholders. For example, Bird had gross margins that were negative in 2018, 2019 and 2020.

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News Los Angeles Examples Pricing 148

TechCrunch LA

JANUARY 18, 2019

The strategy has evolved since Geder and Harris made their first investment twelve years ago into a company called Streetcred.com, a site that allowed fans to go online and share opinions about street culture. billion in 2018, a record for the region, according to data from Pitchbook and the National Venture Capital Association.

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Invest Los Angeles Resource Venture Capital 187

TechCrunch LA

NOVEMBER 10, 2018

Jason Rowley is a venture capital and technology reporter for Crunchbase News. companies’ largest VC raised in 2018 , and no surprise here: the 10 largest rounds all topped out well north of $100 million. But how do these cities stack up as clusters for companies raising supergiant rounds? companies have raised $38.4

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Venture Capital SaaS News Los Angeles 231

Startup Professionals Musings

NOVEMBER 4, 2018

Direct seed funding, for a share of the equity, and introductions to investors. If you don’t need these common resources, but need specialized technology services, you should look for technology parks and research facilities, often sponsored by leading companies in specific technologies, like Intel Capital and Google Ventures (GV).

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Incubator Startup Resource Seed Funding 87

Startup Professionals Musings

FEBRUARY 9, 2018

To organize my thoughts, I found a new book, “ Burn the Business Plan ,” by Carl Schramm, who speaks from experience founding five companies, working major corporate roles, and being an active venture investor. In fact, research by Fundable shows that less than one percent of all startups are funded by venture capital and angel investors.

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Startup Entrepreneur Incubator Guide 72

Startup Professionals Musings

JANUARY 29, 2018

Even though initial stock has no market value today, it is extremely valuable in dividing equity ownership between co-founders, investors, and early partners. Otherwise, later stock value growth may be lost or used against you before you can capitalize on it. Marty Zwilling First published on Inc.com on 01/12/2018.

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Startup Equity Entrepreneur Demand 51

TechCrunch LA

SEPTEMBER 21, 2018

In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ ” Venture capital investors are deploying capital outside the Bay Area more than ever before. — TechCrunch (@TechCrunch) September 6, 2018. ” J.D.

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Venture Capital Startup Capital Entrepreneur 279

Startup Professionals Musings

AUGUST 29, 2018

In fact, there are many types of crowdfunding, including donations, reward, pre-orders, loans, and equity. Professional investors, and more serious entrepreneurs, are most interested in money for ownership of a portion of the business (equity), and equity crowdfunding is still a small portion of the total (less than 10 percent), but growing.

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Equity Entrepreneur Statistics Funding 72

TechCrunch LA

JULY 15, 2021

Previous backer Initialized Capital also participated in the financing, along with Redfin CEO Glenn Kelman, former Stockton, California Mayor Michael Tubbs, GGV investor Hans Tung and Paradox Capital’s Kyle Tibbitts. Naturally, the company’s investors are bullish on the company’s business model.

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Los Angeles Customer Custom Startup 322

socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Two big lessons in 2018. Whether it is not achieving company goals, hiring the wrong people or failing to execute on strategy or product roadmap, staying positive, intellectually honest and agile in the face of turmoil is critical.

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Capital Southern California El Segundo SaaS 113

socalTECH

NOVEMBER 30, 2009

Daniel Scalisi: MobileCause is actually a company we acquired, and reorganized in January. I'm a serial entrepreneur, and have started five companies. I spent the last year at a venture capital fund, helping people to prepare broken businesses. How is the company backed? What's your startup all about?

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Mobile Web Startup Customer 162

TechCrunch LA

APRIL 27, 2021

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. and OMERS Growth Equity. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 Image Credits: Clio.

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Platform Equity SaaS Los Angeles 244

TechCrunch LA

NOVEMBER 4, 2019

A company like Moe will help legitimize the industry,” Bernstein tells TechCrunch. “I Bain Capital Ventures' Jamison Hill. We are in phase three of the influencer economy,” Bain Capital Ventures senior principal Jamison Hill, who led the firm’s investment in the influencer shoutout marketplace Cameo , tells TechCrunch.

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