socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced. READ MORE>>.

Equity 100

Equity Invest Santa Monica Tool 100

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!

Southern California 113

Southern California SoCal Pasadena Riverside 113

Startup Professionals Musings

SEPTEMBER 21, 2018

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country. Marty Zwilling First published on Inc.com on 09/07/2018.

Platform 94

Platform Equity Invest Technical Advisors 94

socalTECH

JULY 27, 2020

Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Arrowroot Capital has been an investor in SocialChorus since 2018. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Equity Sales 113

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. Financial details of the sale were not announced.

Capital 113

Capital Santa Monica Acquisition Equity 113

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. Financial details of the acquisition were not announced.

Santa Monica 113

Santa Monica Acquisition Equity Software Development 113

TechCrunch LA

NOVEMBER 11, 2020

Funding rounds including at least one North American investor made up $234 million of VC investment so far this year in London, up from $85 million in 2018, and equating to a fifth of all VC investment into London’s impact startups. Arrival is now operating in Los Angeles, while Octopus Energy launched in the U.S.

Venture Capital 357

Venture Capital Press Invest Research 357

socalTECH

SEPTEMBER 21, 2021

The company did not say if the financing was in the form of equity or debt; the company had announced funding from Carrick Capital Partners in 2018. The company said it will use the funding to grow its investments in R&D and personnel. Savyint is led by CEO Amit Saha.

Equity 113

Equity Los Angeles Invest Capital 113

SoCal Tech Calendar

APRIL 8, 2018

Saturday, April 14, 2018 --.

CalTech 100

CalTech Equity Entrepreneur Funding 100

socalTECH

APRIL 15, 2019

Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software , for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Bloomberg did not name possible buyers for Perforce.

Capital 113

Capital Report Santa Monica Software Engineering 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. READ MORE>>.

San Diego 124

San Diego Equity Software Development Software 124

socalTECH

SEPTEMBER 10, 2020

Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion. According to Seismic, Cole has over 20 years of expertise and leadership in the area, and also had served at Wolters Kluwer, Ricoh, IKON and Pitney Bowes. READ MORE>>.

San Diego 113

San Diego Equity Research Software Development 113

socalTECH

AUGUST 18, 2020

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

Equity 113

Equity Software Development Web Los Angeles 113

socalTECH

OCTOBER 17, 2019

Wang is at private equity investor Francisco Partners. Francisco Partners is a significant shareholder in LegalZoom, and was part of a group that acquired a large secondary stake in LegalZoom back in 2018. According to LegalZoom, it has named Christine Wang to its board of directors. READ MORE>>.

Legalzoom 100

Legalzoom Glendale Equity Product 100

socalTECH

JANUARY 28, 2019

HireRight and GIS announced that merger effort in May of 2018. That deal included a full buy out of HireRight by private equity investor General Atlantic and Stone Point Capital, and was valued at $1.4 The company recently went through a merger with GIS, another background screening company. READ MORE>>.

Screening 113

Screening Equity Education Capital 113

socalTECH

DECEMBER 11, 2018

The funding was led by JMK Consumer Growth Partners, and also included existing investors, including the Nordstrom family, and new investor David Kessenich, Managing Partner and Co-Founder of healthcare private equity firm Excellere Partners.

El Segundo 113

El Segundo Equity Sales Invest 113

SoCal Tech Calendar

APRIL 11, 2018

Tuesday, April 17, 2018 --.

Equity 100

Equity Startup 100

TechCrunch LA

MAY 23, 2019

In total, more than $60 billion was invested in LA startups in 2018. So far this year, companies headquartered in the area have attracted roughly $25 billion in equity funding, according to data collected by PitchBook. News of Fika’s second effort comes as investment in LA tech continues to reach record highs.

Funding 218

Funding Startup Seed Funding Los Angeles 218

socalTECH

JANUARY 2, 2019

Faraday Future claimed it has "investors from all over the world" interested in equity funding the company in a new funding, at a valuation of $3.25 READ MORE>>.

Equity 113

Equity Los Angeles Funding Invest 113

socalTECH

JANUARY 24, 2019

TaskUs CEO Bryce Maddock said in a statement that 2018 was the best year in the company's history. The company, which is now backed by private equity investor Blackstone, was started by Bruce Maddock and Jaspar Weir with $20,000, living with their parents for the first three years before the company took off.

Outsource 113

Outsource Santa Monica Equity Services 113

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.

LAVA 100

LAVA Education Venture Capital Equity 100

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.’ — TechCrunch (@TechCrunch) September 6, 2018. — TechCrunch (@TechCrunch) September 5, 2018. — TechCrunch (@TechCrunch) September 6, 2018. Here's why.

Venture Capital 279

Venture Capital Startup Capital Entrepreneur 279

socalTECH

DECEMBER 28, 2017

What are you looking forward to most in 2018? Finally, what is your prediction for what will have the biggest impact on the technology industry in 2018? He also co-founded Direct IPO, one of the earliest equity crowdfunding companies, and founded and sold his first PR firm, The Terpin Group. Aside from $50,000 bitcoin?

Southern California 189

Southern California Santa Monica Conference Newsletter 189

TechCrunch LA

AUGUST 8, 2020

Watt says Share Ventures will operate as a holding company with pooled equity shared across the employees at the company. Watt began talking to investors in 2018 about the idea and spent the bulk of 2019 trying to build out its first few companies. ” Image Credit: Share Ventures. ”

Company 249

Company Companies Idealab Tool 249

TechCrunch LA

OCTOBER 8, 2019

The lawsuit filed in Los Angeles Superior Court makes a number of allegations against Stefan Krause and Canoo, including that Christina Krause was paid less than other founding members and not given the co-founder designation or the equity stake that often comes with that title despite being a founding employee.

CTO Hire 198

CTO Hire Startup Los Angeles Design 198

Xconomy

DECEMBER 28, 2017

Xconomy: If you think public perception about the tech industry turned for the worse in 2017, what should the industry do to rebuild trust in 2018? Andy Palmer: I think that increased awareness of gender equity issues. Read more » Reprints | Share:

Equity 87

Equity Software Networking Entrepreneur 87

TechCrunch LA

OCTOBER 17, 2018

Next 10 says they intend to reinvest that into a growth fund for next year’s EduCreator participants and that any equity arrangements or follow-on investments will be discussed at the end of the program. ” Applications to the incubator opened today and close November 17, 2018.

Incubator 197

Incubator Content Education Seed Funding 197

TechCrunch LA

JANUARY 16, 2019

There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase Bank, Bank of America Merrill Lynch and syndicate partners including Silicon Valley Bank, SunTrust Bank and CIT Bank are all involved in the deal. According to data collected by Newzoo , mobile games revenue reached a record $63.2

Mobile 251

Mobile Capital Los Angeles Acquisition 251

TechCrunch LA

NOVEMBER 2, 2021

For example, Bird had gross margins that were negative in 2018, 2019 and 2020. However, Bird has shaken up its model in recent quarters, leveraging a partner network to handle scooter deployment, which has generated more attractive results. Other figures are looking up, too.

News 148

News Los Angeles Examples Pricing 148

TechCrunch LA

MAY 12, 2020

With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation. This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine.

Invest 237

Invest Startup Artificial Inteligence Class 237

TechCrunch LA

JULY 24, 2019

before moving over to Bain for consulting and finally settling in to a job at Bain Capital investing in the firm’s San Francisco-based private equity shop. Bullock graduated from Stanford in 2018 and convinced Anderson to quit his job, the company raised cash through the fall and collected a cool $1.5 million for their venture.

Company 241

Company Companies Los Angeles Startup 241

Xconomy

JANUARY 4, 2019

In 2018, my Exome colleagues and I published hundreds of stories about health, medicine, the biopharma industry, government policy, and more. You’ll find a few of our favorite stories in this review of some of the year’s best from across the Xconomy network.

Pricing 69

Pricing Email Networking Silver Lake 69

Startup Professionals Musings

FEBRUARY 19, 2018

Of course, the average beginning amount per startup is low, and usually in the form of a convertible loan, rather than an equity investment. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Tips 86

Tips Funding Startup Entrepreneur 86

TechCrunch LA

NOVEMBER 4, 2019

The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year. million Series A led by Puma Private Equity, a U.K.-focused The firm even launched an accelerator for YouTube personalities in late 2018.

Platform 170

Platform Marketing Tool Venture Capital 170

Both Sides of the Table

SEPTEMBER 10, 2021

By 2018 I sensed that he was right and we began focusing more on our barbell approach. that broadly covers decentralized applications and possibly even decentralized autonomous organizations (which could imply that in the future VCs need to be more focused on token value and monetization than equity ownership models?—?we’ll

Venture Capital 471

Venture Capital Writing Invest Pricing 471

TechCrunch LA

JANUARY 18, 2019

billion in 2018, a record for the region, according to data from Pitchbook and the National Venture Capital Association. .” For Geder, that demographic is taking advantage of Atlanta’s surging position as a cultural and tecnological mecca in the United States. Indeed, Atlanta-area startups raised roughly $1.15

Invest 187

Invest Los Angeles Resource Venture Capital 187

Startup Professionals Musings

FEBRUARY 9, 2018

Bootstrapping allows you to maintain full control of your startup strategy, retain maximum equity, and avoid the time delay and energy spent to attract outside investors. I find that most good founders proceed faster on their own, with less drain on their time from peers and programs, and no equity dilution.

Startup 72

Startup Entrepreneur Guide Incubator 72