socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

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socalTECH

OCTOBER 30, 2017

Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S.

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Dollar Shave Club Los Angeles Angel Startup 113

TechCrunch LA

NOVEMBER 11, 2020

Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. 2020 is set to be a record year for London’s impact tech companies, which have received $1.2

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Venture Capital Press Invest Research 357

socalTECH

DECEMBER 23, 2019

Today, we share the thoughts of Kelly Perdew , the founder and Managing Director of Moonshots Capital (www.moonshotscapital.com). We also had our first exit for Moonshots Capital Fund 1 --Threatcare. Backtracks and other killer companies will create significant value as the podcast ecosystem accelerates in 2020.

Capital 100

Capital Technical Review Truecar Venture Capital 100

socalTECH

DECEMBER 23, 2019

Today, we share the thoughts of Aaron Fyke , the founder and Managing Director of Thin Line Capital (www.thinlinecapital.com), a venture capital firm in the energy and sustainability space. With support from prior backers of mine, Thin Line Capital was launched. 2020 will see the final close of Thin Lines first fund.

Artificial Inteligence 100

Artificial Inteligence Capital Venture Capital Southern California 100

socalTECH

JANUARY 2, 2020

Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. What was the biggest news for you/your company this year?

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Capital SoCal Southern California SaaS 100

socalTECH

DECEMBER 13, 2021

The publicly traded company (OTC) said the funding came from MCM Investment Partners, as well as Boardman Bay Capital Management. The company said the investments come as a part of a plan to uplist its shares of common stock on the Nasdaq.

Invest 196

Invest Marketing Capital Funding 196

socalTECH

DECEMBER 31, 2018

Here's Marc Averitt of Okapi Venture Capital (www.okapivc.com). The biggest news this year for Okapi, Southern Californias original seed stage venture capital fund, is that we ramped up the deployment of our 3rd fund and saw its portfolio grow by another 10 companies! You'll be able to browse all of those contributions here.

Venture Capital 113

Venture Capital Capital Southern California News 113

socalTECH

JANUARY 5, 2022

The Upfront Summit, the high tech and venture capital company run by Upfront Ventures, has been delayed, the latest victim of resurging COVID-19 numbers and the Omicron variant. Upfront's last tech conference, in 2020, was held at the Rose Bowl.

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Technical Review Conference Southern California High Tech 113

socalTECH

MAY 19, 2021

Resilience was founded during the pandemic, in 2020, and says it is building a network of high-tech, end-to-end manufacturing solutions to ensure medicines can be made quickly, safely, and at scale. National Resilience has raised more than $800M in venture capital funding, with funding from ARCH Venture Partners, 8VC, GV, and NEA.

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High Tech San Diego Venture Capital Sites 113

socalTECH

DECEMBER 21, 2021

Sketchy is backed by TCG and Reach Capital, who invested $30 million in the company in 2020. Financial details of the deal were not announced. The companies said the two have partnered to help students prepare for the MCAT. Both companies are based in Los Angeles.

Study 113

Study Education Los Angeles Tool 113

SoCal Tech Calendar

MAY 21, 2020

Wednesday, May 27, 2020 -- The Mindset of an Investor Today: A Webinar Series with Arlan Hamilton, Founder and Managing Partner, Backstage Capital. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate.

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Conference Capital 100

socalTECH

AUGUST 19, 2021

The huge funding round comes only about a year since an earlier, $250M funding it raised back in May of 2020. The company--led by CEO James Rogers--has created a coaating it says helps reduce "shrinkage" in their produce inventory by 50%.

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Santa Barbara Equity Capital Funding 113

socalTECH

JUNE 30, 2021

The funding came from The Craftory and Arcadian Capital Management, along with others. The company did not say how much of the new investment was actual cash it did say it raised $15M in its Series A in 2020.

News 113

News Acquisition Media Funding 113

SoCal Tech Calendar

JUNE 4, 2020

Wednesday, June 10, 2020 -- The Mindset of an Investor Today: A Webinar Series with Minnie Ingersoll, Partner, TenOneTen. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate. Presented by Sutton Capital Partners and the Recurring Revenue Conference.

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Conference Capital 100

SoCal Tech Calendar

MAY 28, 2020

Wednesday, June 3, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA. See [link] (more)

SaaS 100

SaaS Conference Capital 100

SoCal Tech Calendar

MAY 14, 2020

Wednesday, May 20, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 5/20/20 - Mark Mullen, Co-Founder, Bonfire Ventures.

SaaS 100

SaaS Conference Capital 100

SoCal Tech Calendar

MAY 7, 2020

Wednesday, May 13, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 5/13/20 - Tim Draper, Founder, Draper Associates. See [link] (more)

Draper 100

Draper SaaS Conference Capital 100

socalTECH

FEBRUARY 10, 2020

The funding was led by Bain Capital Life Sciences, and also included existing investors Andera Partners, Gimv, Legend Capital, NeoMed Management, RMM, Valiance Life Sciences and VI Partners. As part of the funding, Bain Capital's Andrew Hack, MD, Ph.D., Humanitarian Device Exemption (HDE) approval in the second half of 2020.

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Funding Capital Technology Develop 124

TechCrunch LA

JANUARY 16, 2019

billion by 2020, the Newzoo data suggests. According to data collected by Newzoo , mobile games revenue reached a record $63.2 billion worldwide in 2018, representing roughly 47% of the total revenue for the gaming industry in the year. That number could reach $81.3 Roughly half of the U.S.

Mobile 251

Mobile Capital Los Angeles Acquisition 251

socalTECH

APRIL 9, 2021

Totum Labs said it raised its $13M, Series A funding in November of 2020. Totum's investors include Heroic Ventures and Space Capital, plus Qualcomm co-founder Dr. Andrew Viterbi and strategic investor Wamcom.

San Diego 113

San Diego Capital Funding Marketing 113

socalTECH

NOVEMBER 9, 2021

Oliver was head of Hollar through its sale to Five Below in 2020. Boosted Commerce has raised $380M in capital so far for its efforts in acquiring e-commerce companies, and focuses on acquiring and growing third-party businesses who sell through Amazon and Shopify.

Commerce 113

Commerce Los Angeles Platform Sales 113

TechCrunch LA

MARCH 19, 2020

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19. — Laurent Grill (@laurentgrill) March 18, 2020. PLEASE RT to spread the word.

Venture Capital 135

Venture Capital Capital Technical Review Los Angeles 135

socalTECH

JUNE 15, 2020

According to the group's Los Angeles chapter, the Tech Coast Angeles-Los Angeles (TCA-LA), it is launching a new annual fund which will provide "new and diverse opportunities for investors and an additional source of startup capital for entrepreneurs."

Tech Coast Angels 113

Tech Coast Angels Technical Review Los Angeles Angel 113

TechCrunch LA

SEPTEMBER 21, 2021

” In 2020, Root had a direct loss ratio of 82%. It issued over 1,000 new policies in the second quarter, up “tenfold” compared to the same period in 2020. The startup said during that same time, its revenue climbed 1,400% compared to the second quarter of 2020. . Just’s direct loss ratio is 65.8% year to date so far.

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Startup Customer Custom Los Angeles 203

socalTECH

NOVEMBER 24, 2020

The funding was led by Acrew Capital. The company initially launched its service in March of 2020, and now says it has more than $90M in deposits. The company offers up 3 percent APY for depositors who save at least 20% of their direct deposits to the bank, down to just 0.5% for those saving 5%.

Services 113

Services Los Angeles Capital Funding 113

socalTECH

FEBRUARY 11, 2021

billion of loans originated for the twelve months ended September 30, 2020. LoanDepot was private equity backed by Parthenon Capital Partners. The company claims it is now the second largest retail-focused non-bank mortgage originator and the fifth largest overall retail originator, with $79.4

Equity 113

Equity Pricing Platform Capital 113

socalTECH

FEBRUARY 8, 2021

Los Angeles-based hospitality technology startup Jurny--which is backed by Okapi Venture Capital and Mucker Capital--says it has seen record growth, despite the pandemic and the way it has impacted the hospitality industry.

Seed Funding 100

Seed Funding Report Venture Capital Los Angeles 100

socalTECH

MARCH 3, 2021

Morgan, Barclays, Jefferies, Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co., Proore reported a loss of $97M on revenues of $400.291M in 2020. Piper Sandler, Stifel, and William Blair. The company is backed by ICONIQ Strategic Partners, Bessemer Venture Partners, Tiger Global, and D1.

Software Development 113

Software Development Report Software Capital 113

socalTECH

JULY 22, 2021

Los Angeles-based education technology startup Sketchy is ramping up its hiring efforts, saying today that it has added a number of new executives and advisors to the company.

Startup 113

Startup Coach Education Commerce 113

TechCrunch LA

APRIL 4, 2020

— Doug Rand (@doug_rand) April 4, 2020. — Mark Suster (@msuster) April 4, 2020. — Matt Hottle (@MattRedhawk) April 4, 2020. Trump (@realDonaldTrump) April 4, 2020. It doesn't matter if you have a zillion employees; as long as any 1 entity has <500 employees, it can get a #PPPloan. ”

Startup 322

Startup Organization Los Angeles Demand 322

socalTECH

MAY 10, 2021

Procore initially filed for an IPO back in November of 2020. Morgan, Barclays, Jefferies, Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co., The company has applied to list on the NYSE under the symbol PCOR. The IPO effort is being underwritten by Goldman Sachs & Co. Piper Sandler, Stifel, and William Blair.

Pricing 113

Pricing Software Development Software Capital 113

socalTECH

MAY 27, 2021

The funding was led by Seven Seven Six, the venture capital fund run b Alex Ohanian, and also included Bonfire Ventures. According to Topia, its tools have notably been used for Virtual Burning Man in August of 2020, where it hosted over 25,000 people online. Topia's CEO and founder is Daniel Liebeskind.

Seed Funding 113

Seed Funding Tool Venture Capital Los Angeles 113

Xconomy

APRIL 2, 2020

Flagship Pioneering founder and CEO Noubar Afeyan didn’t know a global pandemic was in the cards for 2020 when he and his team laid out three new thematic areas of focus for the company last fall. On Thursday the Cambridge, MA-based venture capital firm, best known for starting and spinning out biotechs, announced it had added $1.1

Venture Capital 143

Venture Capital Capital Develop Development 143

TechCrunch LA

JUNE 10, 2021

Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. The new valuation represents a 47.3%

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

MARCH 2, 2021

Morgan, BofA Securities, Wells Fargo Securities, Guggenheim Securities, Needham & Company, Piper Sandler, and Roth Capital Partners. billion in net revenues for the year 2020. The company intends to list on the New York Stock Exchange as VZIO. The IPO is being underwritten by J.P. Q-Run Holdings Ltd.;

.Net 113

.Net Class Report Capital 113

socalTECH

APRIL 30, 2019

The startup said the funding was led by Pritzker Group Venture Capital (PGVC), and also included Okapi Venture Capital, Fika Ventures, and Mucker Capital. Gabe Greenbaum of Pritzker Group Venture Capital will join the company's board alongside the funding. in a Series A funding, according to the company. READ MORE>>.

Software 113

Software Venture Capital Capital Funding 113