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Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

socalTECH

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. in seed funding in Q1, which was up 2.5 According to the report from Amplify, 23 LA startups raised a total of $52.9M percent from Q1 of 2017. READ MORE>>.

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Bonfire Ventures secures $230M for two new funds targeting B2B software startups

TechCrunch LA

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15

Software 163
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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

What was the biggest news for your organization in 2018? Startup Boost became global, growing to six cities in 2018 (Los Angeles, New York, Toronto, Detroit, Dublin and London), helping over 70 early stage startups. And, many of the presenting companies received sizable funding commitments and offers of ongoing help.

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Reflections on 2018: Peter Cowen, Sutton Capital Partners

socalTECH

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. What was the biggest news for your company in 2018? Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018?

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Trovata.io Names New Executives

socalTECH

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. Morgan, and received its seed funding round back in December of 2018. Drambarean was previously at Capital One. Trovata is backed by J.P. READ MORE>>.

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Upfront Uncloaks New Startup, Projector

socalTECH

San Francisco-based Projector has raised $13M in total funding, with the seed funding for Projector in 2016 worth $4M, led by Upfront Ventures; the company also raised another $9M in a Series A funding in 2018, led by Mayfield.

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The Changing Venture Landscape

Both Sides of the Table

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund.