TechCrunch LA

SEPTEMBER 13, 2021

With the new capital, SpotOn has raised $628 million since its inception. The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

FEBRUARY 14, 2018

Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives.

Santa Barbara 124

Santa Barbara Equity Commerce Resource 124

socalTECH

MAY 5, 2020

Los Angeles-based Love Goodly , the women's subscription box company that was founded by Justine Lassoff and Katie Bogue Miller, has been acquired by Santa Monica-based Novica , which operates an e-commerce marketplace focused on handmade decor, art, and jewelry. Financial terms of the acquisition were not announced.

Santa Monica 124

Santa Monica Commerce Acquisition Los Angeles 124

Tech.Co

MAY 9, 2024

Department of Commerce Minority Business Development Agency (MBDA) 🔎 Want to browse the web privately? 8(a) Business Development Program For: Socially and economically disadvantaged business owners Funding limit: $7 million for acquisitions assigned manufacturing NAICS codes and $4.5

Outsource Development 207

Outsource Development Technical Review Research Writing 207

socalTECH

APRIL 14, 2021

Los Angeles-based Bridg, a venture backed company which develops software to help e-commerce retailers improve their sales, has been sold for $350M in cash to Cardlytics. The company's software uses artificial intelligence and big data to help retailers with their e-commerce efforts.

Artificial Inteligence 113

Artificial Inteligence Commerce Los Angeles Software 113

socalTECH

APRIL 14, 2021

Los Angeles-based Bridg, a venture backed company which develops software to help e-commerce retailers improve their sales, has been sold for $350M in cash to Cardlytics. Bridg, led by Amit Jain, was venture backed by Morpheus Ventures, March Capital, as well as other local investors.

Artificial Inteligence 113

Artificial Inteligence Commerce Los Angeles Software 113

Both Sides of the Table

APRIL 21, 2010

Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Investors: FirstMark Capital (Amish Jani)(lead), with existing investors: Accel Partners, Bessemer Venture Partners, First Round Capital, Reid Hoffman. Online peer-to-peer lending. 14.7mm in Series D.

Venture Capital 265

Venture Capital Capital Email Blogging 265

socalTECH

JUNE 9, 2017

Los Angeles-based subscription e-commerce startup Loot Crate , which offers up monthly deliveries of curated "mystery boxes" to fans, said on Friday that former Maker Studios CEO Ynon Kreitz has joined the company's board as Chairman. The company also said it has become profitable for the first time. READ MORE>>.

Commerce 113

Commerce Los Angeles Acquisition Capital 113

socalTECH

SEPTEMBER 26, 2013

Los Angeles-based e-commerce site JustFab announced this morning that it has raised another $40M in funding in a Series C funding. The funding was led by Shining Capital, in addition to the company''s existing investors. The new funding comes just a few short weeks after the acquisition of ShoeDazzle by JustFab. READ MORE>>.

Commerce 138

Commerce Venture Capital Los Angeles Acquisition 138

socalTECH

OCTOBER 29, 2014

Los Angeles-based P.S. XO , the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling , and raised $7M in a funding round. crafts brewster soleil moon puky frye ecommerce brand acquisition merger capital venture psxo seedling'

Commerce 124

Commerce Entertainment Acquisition Los Angeles 124

socalTECH

APRIL 22, 2013

FastSpring , the fast growing Santa Barbara-based e-commerce payment services provider headed by Dan Engel, said today it has scored a funding round from Pylon Capital, a Los Angeles-based investment firm. acquisition merger capital venture pylon fastspring' Size of the funding round was not disclosed. READ MORE>>.

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Funding Santa Barbara Commerce Acquisition 153

TechCrunch LA

SEPTEMBER 13, 2021

Liberty Street Funds, Walleye Capital, Japan Post Capital, Joseph Stone Capital, Pegasus Tech Ventures, Tech Pioneers Fund are among the new backers, who are being joined by existing investors Celtic House Asia Partners, INP Capital, Reimagined Ventures, Moringa Capital Management, and others, along with other unnamed participants. .”

Startup 249

Startup Platform Software Los Angeles 249

TechCrunch LA

MAY 25, 2019

Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech. Shopify quietly acquires Handshake, an e-commerce platform for B2B wholesale purchasing . As Amex scoops up Resy, a look at its acquisition history .

Startup 223

Startup Venture Capital Newsletter Tips 223

TechCrunch LA

OCTOBER 5, 2020

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

OCTOBER 27, 2009

Irvine-based MyPrint , a provider of print and promotional marketing programs, as well as related e-commerce tecnology, has been acquired by Los Angeles private equity firm Triton Pacific Capital Partners , Triton said Tuesday. Tags: myprint triton pacific merger acquisition print printing.

Commerce 140

Commerce Equity Los Angeles Acquisition 140

socalTECH

DECEMBER 12, 2014

If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. John Tomich: OneStop Internet is an e-commerce services company.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

TechCrunch LA

MAY 3, 2022

million last year, is among hair businesses aimed at women and people of color, like Rebundle , Morado and theCut , attracting venture capital dollars. Upgrade’s e-commerce marketplace has two sides: one that enables consumers to choose a vetted stylist and have their wig colored or customized based on their desired look.

Tool 179

Tool Custom Customer Marketing 179

Startup Professionals Musings

JUNE 12, 2022

Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Existing technologies have been “commoditized” globally.

Startup 126

Startup Artificial Inteligence Entrepreneur Offshore 126

socalTECH

JULY 22, 2016

Agoura Hills-based TouchCommerce , the provider of customer service software and services, which e-commerce companies use to add live chat and support to their websites, has been acquired by Nuance Communications , Nuance said Thursday. Nuance said it would pay $215M, split between $110M in cash and $85M in stock, with $20M in earn out.

Agoura Hills 100

Agoura Hills Agoura Commerce Equity 100

Both Sides of the Table

OCTOBER 8, 2014

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Xconomy

FEBRUARY 28, 2018

That would make Amazon’s purchase of Ring the third largest in the Seattle e-commerce giant’s history. The two biggest acquisitions were Whole Foods last year and Zappos in 2009, according to Statista.) The purchase was first reported by Geekwire, which cited a separate report from Reuters that the deal is valued at about $1 billion.

Santa Monica 62

Santa Monica Commerce Report Acquisition 62

socalTECH

FEBRUARY 10, 2011

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. and ServiceMesh.

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LAVA Zumbox Technology ReachLocal 166

socalTECH

OCTOBER 7, 2020

Riley Financial, Chuck Hastings joins IQvestment Holdings' board of directors, with Jon Merriman joining the company's advisory board.

Commerce 124

Commerce Los Angeles Pricing Invest 124

socalTECH

OCTOBER 17, 2016

(www.science-inc.com), the startup �studio� led by former MySpace CEO and technology veteran Mike Jones , just saw its third acquisition out of its portfolio this year�the acquisition of FameBit by Google/Youtube. What made these three companies successful acquisitions out of all your companies?

Dollar Shave Club 100

Dollar Shave Club Entrepreneur Startup Google 100

Both Sides of the Table

JULY 1, 2015

. “the ecommerce company gained fauxmentum by raising artificially high amounts of venture capital and spent lavishly on customer acquisition despite long payback periods and questionable LTV” __. get out and raise money now because when markets change they change on a dime and capital completely dries.

Startup 150

Startup Marketing Custom Customer 150

socalTECH

MARCH 12, 2018

In recent years, Los Angeles has become the capital of subscription, consumer-focused "box" businesses, where consumers sign up for monthly deliveries based on a subscription. Justine Lassoff: I have a background in e-commerce, and we're both experienced entrepreneurs. What's your background?

Startup 157

Startup Commerce Los Angeles Product 157

socalTECH

NOVEMBER 3, 2015

According to United Online, StayFriends is "not aligned" with its long term objective to return the company to growth, so its has engaged ACXIT Capital Management to find a potential buyer for the unit. United Online did not say how much it is hoping to get for StayFriends.

Woodland Hills 100

Woodland Hills Social Network Commerce Networking 100

Xconomy

OCTOBER 16, 2016

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. We’ve been fairly capital-efficient in this fast-growth e-commerce space,” Sheik said. “It

Artificial Inteligence 40

Artificial Inteligence Commerce San Diego Web 40

Startup Professionals Musings

APRIL 26, 2021

Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives. Today the most common and successful channel for new ventures is online e-commerce. Identify your intellectual property or “secret sauce.”

Funding 132

Funding Template Resource Competition 132

socalTECH

AUGUST 9, 2018

TaskUs has made its name providing much of the back end customer service and business process outsourcing for many, on-demand and Internet companies, across the ride sharing, social media, online food delivery, e-commerce and other areas. READ MORE>>.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

MARCH 1, 2017

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. They're acquisitive, have cashed up, and lots of them are now looking at repatriating money to the US.

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Technical Review Conference Silver Lake Cornerstone OnDemand 100

socalTECH

JUNE 25, 2015

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Any change to your investment thesis from your last funds?

Southern California 100

Southern California Venture Capital Startup Entrepreneur 100

Both Sides of the Table

JUNE 18, 2010

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). Potentially limits acquisition opportunities for independent ad networks.

Venture Capital 225

Venture Capital Google Web Sites 225

socalTECH

JULY 5, 2017

There were lots of things we did around investment and acquisitions. It was a deliberate approach, in all honestly, about raising and using capital. The focus has really been on that as it relates to raising outside capital. I had the opportunity to work with such aspirational brands as Lululemon and Underarmor.

Web 2.0 100

Web 2.0 Equity Legalzoom Capital 100

socalTECH

SEPTEMBER 27, 2013

How about mergers and acquisitions? There are lots of ad-tech companies, which don''t have lots to differentiate themselves, and e-commerce isn''t super differentiated, but we are also getting lots of more truly technology companies, around video, analytics, and things like that. E-commerce is a great example. READ MORE>>.

Southern California 124

Southern California SoCal Commerce Invest 124

Startup Professionals Musings

SEPTEMBER 9, 2019

Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Existing technologies have been “commoditized” globally.

Entrepreneur 87

Entrepreneur Offshore Technical Review Outsource 87

socalTECH

OCTOBER 31, 2016

YuuZoo is an online operator of social media, e-commerce, and gaming properties, and says it has the ability to reach more than 4 billion consumers. The two said that YuuZoo will initially buy 33.3 percent of Relativity Media, and now has an option to take a majority stake of the company over the next 24 months.

Beverly Hills 100

Beverly Hills Social Network Media Company 100