socalTECH

JANUARY 4, 2021

Netwrix was acquired by private equity investor TA Associates in October of 2020. The companies said Steve Cochran, founder and chairman of Stealthbits, will be an investor in Netwrix and will serve on its Board of Directors.

Equity 113

Equity Software Customer Custom 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

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%.

Santa Barbara 113

Santa Barbara Equity Capital Funding 113

SoCal Tech Calendar

JUNE 22, 2020

Thursday, June 25, 2020 -- Inclusive Startup Pitch Competition by Startup Coil. Startup Coil is committed to supporting equity and inclusivity in search of a future that's brighter for all us. Entrepreneurs and Seed Stage Startups pitch live to a panel of investor judges. We all get the future we build together.

Competition 100

Competition Startup Equity Entrepreneur 100

socalTECH

MAY 20, 2020

The group said the competition will encourage entrants to design and/or develop a video game across the themes of Exploration, Environment, and Human Equity. XPRIZE said entries for the competition will be due by October 14, 2020. READ MORE>>.

Design 113

Design Technical Review Competition Equity 113

SoCal Tech Calendar

JULY 30, 2020

Monday, August 3, 2020 -- Fixing the Top Fundraising Mistakes Startup Entrepreneurs Make. Join JJ Richa in a fireside chat with Scott Fox, CEO of the OC Startup Council, for a discussion of the top mistakes that early stage entrepreneurs make when pitching their startups for funding. See [link] (more)

Entrepreneur 100

Entrepreneur Slides Startup Venture Capital 100

socalTECH

JULY 13, 2020

The new accelerator said it will invest $100K in three companies, taking 5 percent equity, and run its accelerator entirely remote. The new accelerator said that applications are due on Sunday, July 19th, for its Summer 2020 class. Morris is currently a venture investor at Chapter One Venture Capital.

Product 113

Product Startup Class Venture Capital 113

socalTECH

MARCH 31, 2021

Loss Run Pro is based in Missoula, Montana, and was only founded in early 2020. Loss Run Pro apparently was part of a startup accelerator call the BrokerTech Ventures' (BTV) 2020 Accelerator. Financial details of the acquisition were not announced.

Services 124

Services Software Company Companies 124

socalTECH

OCTOBER 23, 2019

Meline, is planning to retire, serving as CFO through the end of 2019, but will remain at the company through the second quarter of 2020. Meline--who has been Executive Vice President and Chief Financial Officer at Amgen since 2014--will be replaced by Peter H.

Thousand Oaks 100

Thousand Oaks Equity Develop Development 100

socalTECH

JULY 20, 2018

The 75 MW / 300 MWh lithium-ion battery storage system is called the Hummingbird Energy Storage project, and is aimed to be put into service by December of 2020. esVolta is backed by private equity investor Blue Sky Alternative Investments LLC. Financial details of the win were no announced. READ MORE>>.

Equity 100

Equity Invest Services Develop 100

TechCrunch LA

MARCH 27, 2021

The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management. Indeed these trends were already apparent in the statistic that home improvement spending was up 3 percent in 2020 even though the broader economy shrank by 3.5

SaaS 292

SaaS Glendale Statistics Los Angeles 292

socalTECH

SEPTEMBER 3, 2019

Los Angeles-based private equity investor Ares Management said this morning that its Infrastructure and power strategy and Apex Clean Energy funds are backing a 200MW renewable wind power project in Texas, which will go to power operations for Facebook. The new wind site is expected to go into operations sometime in 2020.

Equity 100

Equity Los Angeles Sites Funding 100

TechCrunch LA

JANUARY 26, 2020

billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today. — Scopely (@scopely) January 26, 2020. Last year, the investment firm expanded with a $1.7 Our thoughts are with all of the families affected by the tragic accident today.

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

socalTECH

JUNE 6, 2018

According to Headspace, the new subsidiary will look to incorporate its meditation apps into digital medicine, with plans to deliver a prescription meditation app in 2020. Headspace is venture backed by Spectrum Equity, The Chernin Group, Advancit Capital, Allen & Co.,

Marketing 100

Marketing Southern California Santa Monica Study 100

TechCrunch LA

JUNE 10, 2021

In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. With this round, the company is again giving 1% of the equity raised back to the planet. The company’s momentum can be seen in its impressive financial results. In the first quarter, Klarna notched $18.1

Los Angeles 266

Los Angeles Funding CIO Marketing 266

TechCrunch LA

FEBRUARY 17, 2020

Satellite internet startup Astranis has raised a $90 million Series B funding round, which includes a mix of equity ($40 million) and debt facility ($50 million). Register for TC Sessions: Space 2020. Astranis raises $90 million.

SpaceX 272

SpaceX Newsletter Los Angeles Sites 272

Xconomy

NOVEMBER 22, 2019

Bristol-Myers Squibb this week completed its acquisition of Celgene, a $74 billion deal that creates a pharmaceutical juggernaut. And all it took was the largest asset sale ever required by federal antitrust regulators.

Acquisition 69

Acquisition Sales San Diego Company 69

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

Media 134

Media Commerce Company Companies 134

Xconomy

JUNE 12, 2020

At the start of 2020 thousands of biotechies anticipated spending the second week of June in San Diego, hobnobbing at the annual conference hosted by the Biotechnology Innovation Organization. Instead, attendees from 64 countries spanning 28 times zones convened online this week for the first-ever virtual BIO International Convention.

San Diego 121

San Diego Conference Organization Incubator 121

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Personal income is related to operations versus equity. With major investors, your equity and return is diluted and delayed.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

TechCrunch LA

SEPTEMBER 21, 2019

Airbnb, for its part, filed a press release this week confirming its plans to go public in 2020. billion in a round led by the private equity firm GPI Capital this week. Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts , Overcast , Spotify , and all the casts.

Services 207

Services Startup Venture Capital Redpoint 207

Xconomy

NOVEMBER 20, 2019

Nevertheless, senior figures remain optimistic about the industry’s prospects in 2020. Nearly half of respondents believe that political and policy uncertainty present the greatest risks in 2020, with the latest Brexit developments and approaching UK and US elections seeing concerns around political volatility growing.

Pricing 78

Pricing Invest Develop Development 78

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

socalTECH

SEPTEMBER 25, 2020

The move should be fairly easy for J2 Global, which reported $616M in cash and cash equivalents on hand as of its Q2 2020 quarterly report, for its quarter ended June 30th. J2 Global said the move is part of its ongoing stand against systemic racism and solidarity with the Black community. READ MORE>>.

Southern California 113

Southern California Report Los Angeles Services 113

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. billion by 2020, the Newzoo data suggests. That number could reach $81.3

Mobile 251

Mobile Capital Los Angeles Acquisition 251

TechCrunch LA

NOVEMBER 4, 2019

She created and launched an overall brand and a swim collection , then came the book deal ( “This is Not a Fashion Story: Taking Chances, Breaking Rules, and Being a Boss in the Big City” is expected out May 2020). million Series A led by Puma Private Equity, a U.K.-focused We know creators are legit businesses.

Platform 170

Platform Marketing Tool Venture Capital 170

Startup Professionals Musings

SEPTEMBER 11, 2020

Direct seed funding, for a share of the equity, and introductions to investors. Another good online approach is a simple Internet search for articles like the “ The top 40 startup accelerators and incubators in North America in 2020 ” But don’t expect incubators to magically convert your pre-hatched idea into a successful company.

Resource 159

Resource Startup Incubator Seed Funding 159

TechCrunch LA

JANUARY 29, 2020

— Dan Primack (@danprimack) January 29, 2020. Gone are the sidecar and thematic funds that were a hallmark of earlier strategies and gone too are the superstars brought in by Mary Meeker to manage Kleiner Perkins’ growth equity investments.

IBM 164

IBM IBM Venture Capital Invest 164

TechCrunch LA

OCTOBER 7, 2021

Jennifer Schwab, the founder and CEO of Entity, has built the business since 2016 on virtually no outside funding, but said that this latest financing is a precursor to the company working on its first, more traditional VC-led equity round. “There is a lot more accountability in person,” Schwab said.

Mentor 297

Mentor Training Startup Course 297

Startup Professionals Musings

NOVEMBER 27, 2020

Recognition of internal contributions can be as simple as a public “thank-you,” or as formal as a promotion or equity sharing. Marty Zwilling First published on Inc.com on 11/13/2020. Giving orders does not build trust or commitment, and precipitates pushback. Sustain motivation and loyalty by giving credit to others.

Coach 144

Coach Customer Custom Entrepreneur 144

Startup Professionals Musings

NOVEMBER 11, 2020

Maybe you are more comfortable going slow, with limited resources, or aiming high and giving up equity. Marty Zwilling First published on Inc.com on 10/28/2020. Landing investments and backing requires a new level of confidence, communication, and risk. The test – iterate and pivot, based on market feedback.

Entrepreneur 139

Entrepreneur Help Incubator Startup 139

Startup Professionals Musings

JULY 8, 2020

A reasonable place to start is one percent of your company equity, plus actual expenses to cover travel and meeting attendance. Marty Zwilling First published on Inc.com on 06/24/2020. Offer reasonable compensation to maintain focus and access. To show your commitment, and keep theirs, all board members should be compensated.

Startup 134

Startup Course Equity Organization 134

Startup Professionals Musings

OCTOBER 16, 2020

Just because you want to start a business doesn’t mean you are entitled to outside equity, loans, or crowdfunding. Marty Zwilling First published on Inc.com on 10/02/2020. Think first about where you have a natural advantage , or a unique insight or critical purpose. Keep the initial scope within bootstrapping limits.

Customer 125

Customer Custom Tool Writing 125

TechCrunch LA

APRIL 7, 2020

— Mark Suster (@msuster) April 7, 2020. We've had to assist dozens of companies so I thought I'd just open-source what we've been advising after consulting with the NVCA, our lawyers at Cooley & numerous other VC firms.

Startup 167

Startup Email Los Angeles Entrepreneur 167

socalTECH

JUNE 23, 2021

Early Q1 2020, our business literally came to a horrifying halt in March, and then April. We weren't working with main street and small businesses, but public and private equity backed companies. Where are you now as a company, understanding that lots of things have changed due to this pandemic? Alex Nocifera: It's really wild.

Marketing 113

Marketing Los Angeles Zag Startup 113

Xconomy

OCTOBER 12, 2016

By 2020, the cannabis industry is projected to hit $21.8 In San Diego, Gomez said each startup that enrolls in the accelerator program gets a $20,000 investment that encompasses seed capital, office space, and mentoring services in exchange for an equity stake that ranges from 6 percent to 9.5

San Diego 40

San Diego Startup Southern California Invest 40

TechCrunch LA

JULY 15, 2021

Then on January 1, 2020, the state of California made it dramatically easier to add extra housing units to single-family home sites. The California legislature changed laws in 2017 to make it easier to build Accessory Dwelling Units (ADUs). Abodu’s success would be a win-win that strengthens communities.

Los Angeles 322

Los Angeles Customer Custom Startup 322