socalTECH

AUGUST 16, 2010

The Tech Coast Angels , Southern California's largest angel investment group, is hailing its latest exits today, saying that the recent IPOs for Green Dot and Trius Therapeutics , as well as the sale of Language Weaver to SDL, have left members "smiling". READ MORE>>.

Tech Coast Angels 157

Tech Coast Angels Invest Angel Southern California 157

socalTECH

MAY 1, 2015

The Tech Coast Angels , one of the most active angel investment groups nationwide in addition to here in Southern California, said Friday that it invested in eight new and follow on deals in the first quarter of 2015, in addition to seeing two exits out of its portfolio. READ MORE>>.

Tech Coast Angels 100

Tech Coast Angels Invest Angel Southern California 100

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

San Diego 113

San Diego Invest Equity Los Angeles 113

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St. Louis, Missouri.

Acquisition 113

Acquisition Equity Los Angeles Software 113

socalTECH

OCTOBER 12, 2016

Los Angeles-based Edlio , a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions.

Acquisition 100

Acquisition Software Class News 100

socalTECH

FEBRUARY 22, 2018

Los Angeles-based biotechnology developer ImmunoCellular Therapeutics said this morning that it has launched a "review of strategic alternatives", and has hired an investment banking firm, Ladenburg Thalmann & Co. as a strategic financial advisor. READ MORE>>.

Invest 113

Invest Los Angeles Sales Angel 113

socalTECH

SEPTEMBER 15, 2021

Los Angeles-based Appetize, the developer of point-of-sale ordering apps serving the restaurant, sports, entertainment, and hospitality business, has been acquired by San Francisco-based SpotOn, the companies said on Tuesday. Financial details of the acquisition were not announced. The combined company will employ 1,600 people.

Entertainment 113

Entertainment Acquisition Los Angeles Invest 113

socalTECH

JUNE 15, 2021

Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

Draper 113

Draper Equity Acquisition Los Angeles 113

socalTECH

MAY 11, 2015

Los Angeles-based gay dating app and website developer Grindr is looking for a buyer, according to Bloomberg. Bloomberg said that Grindr has hired investment banker Raine Group to advise the company on a sale. Grindr was founded by Joel Simkhai. READ MORE>>.

Sales 100

Sales Web Development Report Los Angeles 100

socalTECH

MAY 15, 2014

Los Angeles-based online apparel and shoe company JustFab is eyeing a possible IPO, and also is in the midst of raising between $50 to $100M, according to a report. JustFab has previously said it is expecting to generate around $400M in sales in 2014. justfab venture capital merger acquisition exit apparel fashion shoes clothing'

Invest 147

Invest Venture Capital Report Acquisition 147

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. administration to force a sale by its Chinese parent company, ByteDance. READ MORE>>.

Report 113

Report Acquisition Los Angeles Sales 113

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. He is very hands-on and helpful – especially for any company looking into customer acquisition. Matt’s commitment to re-investing in tech startups is reminiscent to this great Fred Wilson post of “recycling capital. &#.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

JUNE 23, 2011

Further details on the potential sale of Los Angeles-based video streaming site Hulu continue to emerge, with the firm reportedly retaining investment bankers Morgan Stanley and Guggenheim Partners to represent it in a sale. READ MORE>>.

Hulu 140

Hulu Sales Report Los Angeles 140

Both Sides of the Table

JUNE 20, 2014

MiTú, based out of Los Angeles, was founded in 2012 by three veterans from the Hispanic media world: Beatriz Acevedo ( recently named on the 25 most important digital media players on The Hollywood Reporter !) And we’re growing our sales organization. This was a marked change from the previous leadership of YouTube.

Invest 291

Invest Content Media Networking 291

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Financial details of the acquisition have not been announced. Blip was venture backed by Ambient Sound Investment, Bain Capital, and Lauder Partners. News of the sale first came via AllthingsD. READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

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. StackCommerce was advised by investment bank CG Petsky Prunier, part of the Canaccord Genuity Group.

Media 134

Media Commerce Company Companies 134

socalTECH

NOVEMBER 13, 2014

Los Angeles-based comedy website Funny or Die --started by Will Ferrell--is looking for a buyer, according to reports this week from Bloomberg. to help sell the company, according to the report, saying that the website is seeking $100 million to $300 million in the sale of the company. READ MORE>>.

Report 138

Report Hollywood Acquisition Content 138

Both Sides of the Table

JUNE 27, 2021

In short: Access to great deals, ability to be invited to invest in these deals, ability to see where value in a market will be created and the luck to back the right team with the right market at the right time all matter. the sale of the company for $1 billion. It was ~30 days from bankruptcy. Hint: don’t do only 2–3 deals!!

Funding 294

Funding Startup Writing Invest 294

socalTECH

APRIL 17, 2013

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. hulu merger acquisition exit content hollywood streaming video guggenheim' Guggenheim is the same firm that attempted to sell Hulu in 2011. READ MORE>>.

Hulu 189

Hulu Report Company Companies 189

Startup Professionals Musings

JUNE 2, 2013

People with money to invest have choices. Initially, you may be able to rely on friends and family to put you on the top of their list, but eventually you will probably need real professional investors (Angels and VCs). Most Angels I know get their payback from helping others, not from making money. Funding risk. Scalability.

Invest 107

Invest Startup Venture Capital Ideas 107

Startup Professionals Musings

OCTOBER 18, 2023

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Startup 99

Startup Entrepreneur Metrics Acquisition 99

Startup Professionals Musings

OCTOBER 6, 2023

If there are conflicts within the team, or differing views of the strategy, or evidence of missing processes and tools, the investment process will likely be terminated. Make yourself available to answer any questions, show your enthusiasm, and explain both the positives and negatives of the external investment process.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

TechCrunch LA

MAY 3, 2022

She worked on Wall Street as an investment banker for a few years in New York before returning to Houston with a job in energy. Winters explained that the driver for the new funding was technology and product development on the marketplace, marketing and stylist acquisition. To date, Upgrade has raised $3 million.

Tool 179

Tool Customer Custom Marketing 179

socalTECH

NOVEMBER 5, 2015

Los Angeles-based MarketShare Partners , the marketing analytics technology developer led by Wes Nichols and Jon Vein, has been acquired by Neustar , in a deal worth $450M. Neustar said the acquisition will help it enable CMOs to plan, optimize, and allocate their online and offline marketing budgets. READ MORE>>.

Social Media 100

Social Media Acquisition Los Angeles Marketing 100

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

FEBRUARY 5, 2021

Los Angeles-based car sharing marketplace HyreCar, which provides access to cars for drivers int he ridesharing, food, and package delivery services business, says it expects to raise $25.85M in a public offering of the company's stock, which priced on Wednesday evening. Davidson & Co., Maxim Group, and Ladenberg Thalman & Co.

Los Angeles 113

Los Angeles Pricing Sales Capital 113

socalTECH

JUNE 4, 2012

Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011. The deal was worth $380M in cash.

Screening 140

Screening Company Companies Equity 140

socalTECH

JULY 19, 2019

Los Angeles-based HyreCar , a publicly listed, carsharing marketplace operator (Nasdaq: HYRE), says it has priced an offering of 3.5M The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform.

Los Angeles 124

Los Angeles Pricing Platform Sales 124

socalTECH

MAY 9, 2013

Los Angeles-based business transactions and dealroom service CapLinked has rounded up some new investors today, saying that it has added additional investors in its Series A funding. The firm earlier had announced investments from. FF Angel, Siemer Ventures, 500 Startups, and Peter Thiel (co-founder of PayPal), and others.

Draper 178

Draper Software Engineering Platform Google 178

Startup Professionals Musings

JANUARY 9, 2021

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Startup 173

Startup Entrepreneur Metrics Acquisition 173

Startup Professionals Musings

APRIL 11, 2022

As a former angel investor, I look for this level of alignment and understanding in every funding presentation I hear. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Every startup looking for investment needs a solid partner story. Key activities.

Funding 133

Funding Activity Customer Custom 133

Startup Professionals Musings

JULY 26, 2010

Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions. Even mergers and acquisitions (M&A) came early. These relationships need not require cash investments; often they are done with exchanges of equity or assets. Economies of scale. New management skills.

Acquisition 85

Acquisition Startup Organization Competition 85

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Specify a primary customer channel for sales. Outline your key activities to win.

Funding 132

Funding Template Resource Competition 132

socalTECH

APRIL 14, 2011

Los Angeles-based MarketShare , the provider of marketing analytics software headed by Wes Nichols and Jon Vein, announced today that it has raised $32M in a follow on investment from private equity firm Elevation Partners. MarketShare's software helps companies adjust their marketing mix, to better drive sales.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

socalTECH

FEBRUARY 26, 2019

Los Angeles-based real estate crowdfunding site RealtyMogul says it has sold some technology it has developed at its research and development lab, to another company. Financial terms of the sale were not announced. Financial terms of the sale were not announced. Hunt Real Estate Capital is a subsidiary of Hunt Companies, Inc.,

Software 133

Software Technology Research Los Angeles 133

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Los Angeles Sales Invest 100

Tech Zulu Event

DECEMBER 30, 2011

The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. As an active early stage investor, Mike has personally invested in over 30 startup businesses including Klout, Betterworks, Formspring, ShoeDazzle and LunchMoney to name a few. There will be plenty of FREE Pizza and drinks!

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105