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. According to the report, from Re/Code, the company has hired Morgan Stanley as an advisor. JustFab is led by Adam Goldenberg, and is a spinout of Intelligent Beauty.

Invest 147

Invest Venture Capital Report Acquisition 147

Xconomy

MAY 8, 2017

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Venture Capital 77

Venture Capital Capital Technology News 77

socalTECH

AUGUST 27, 2019

Mobile games developer Seriously , which has offices in Los Angeles and links to the local technology ecosystem, has been acquired by social gaming company Playtika , according to reports. Financial details of the acquisition were not announced, however, the deal is rumored to be around $275M. READ MORE>>.

Los Angeles 113

Los Angeles Acquisition Mobile Report 113

socalTECH

MAY 2, 2011

William Quigley , a venture capitalist at Clearstone Venture Partners, is making the argument that venture capital returns are set to return superior returns in the coming years, due to the disinterest of institutional investors. Disclosure: Clearstone is a sponsor of socalTECH). READ MORE>>.

Venture Capital 160

Venture Capital Capital Clearstone Technical Review 160

socalTECH

OCTOBER 27, 2010

San Diego-based Phenomix , adeveloper of diabetes drugs, has shut down, according to reports. The news of the shutdown was first reported by Xconomy. The news of the shutdown was first reported by Xconomy. Tags: phenomix lifescience medical biopharma biopharmaceuticals merger acquisition exit shutdown employment jobs.

Report 124

Report San Diego News Acquisition 124

socalTECH

AUGUST 23, 2011

Los Angeles-based matchmaking site eHarmony is approaching a redemption deadline from its last venture funding round, according to a report today from Reuters. However, it is apparently a rare event in the venture capital business to run into a redemption rights deadline, according to the report. READ MORE>>.

eHarmony 181

eHarmony Report Venture Capital Los Angeles 181

socalTECH

FEBRUARY 5, 2016

A report Friday from Bloomberg says that Los Angeles-based Honest Co. is prepping for an IPO, and has hired a set of investment bankers for the effort. The report says that Honest Co.'s The report is the first that confirms the company's entry into the ranks of technology startup unicorns. The Honest Co.

Report 100

Report Research Los Angeles Startup 100

socalTECH

JANUARY 10, 2017

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai Moonshots and fellow investors, including Trinity Ventures, had invested only $2.3M by Amazon Web Services.

San Diego 100

San Diego Web Acquisition Los Angeles 100

socalTECH

JULY 23, 2012

But, how are those accelerators doing so far in terms of attracting capital and attention to Southern California startups? socalTECH has analyzed its database of venture capital deals , exits, and other local deal activity, and started to come up with some tracking of the activity due to local accelerators, with some interesting results.

Los Angeles 234

Los Angeles Angel Report Startup 234

TechCrunch LA

OCTOBER 28, 2020

“We were excited to crossover and invest in Scopely.” “We were excited to crossover and invest in Scopely.” These late-stage, traditionally pre-IPO investors joined NewView Capital, Battery Ventures, Greycroft, Revolution Growth and Highland Capital Partners in the funding, which values the company at $3.3

Los Angeles 252

Los Angeles Mobile Platform Entertainment 252

Xconomy

OCTOBER 5, 2016

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. VC firms invested $14.99 VC firms invested $14.99 Venture capital firms also are having no trouble raising funds.

Venture Capital 86

Venture Capital Activity Report Funding 86

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. bliptv blip acquisition merger content network youtube studios maker'

News 168

News Acquisition Content Los Angeles 168

socalTECH

FEBRUARY 7, 2012

A new report released today tallies up $7.7 The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. billion in liquidity was generated in the sector.

Southern California 187

Southern California Cornerstone OnDemand Report Riot Games 187

socalTECH

MARCH 5, 2013

Vinny Smith , the former CEO of Aliso Viejo-based Quest Software , appears to have become one of the most active investors in recent months in enterprise software, after starting up a new venture capital firm, Toba Capital. Vinny Smith formed Toba Capital from his gains for selling Quest Software to Dell in September, for $2.4

Orange County 159

Orange County Southern California Startup Venture Capital 159

socalTECH

OCTOBER 24, 2011

One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego. READ MORE>>.

Rustic Canyon 140

Rustic Canyon Report San Diego Venture Capital 140

socalTECH

JUNE 8, 2017

Luxe is venture backed by Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others. Upfront made its investment in Luxe in 2014. READ MORE>>.

Redpoint 113

Redpoint Report Google Invest 113

socalTECH

APRIL 4, 2014

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. TrueCar reported a loss of $22.6M truecar merger acquisition exit nasdaq true automobile buying pricing' READ MORE>>.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

JUNE 21, 2012

Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

Rustic Canyon 124

Rustic Canyon Report Sales Capital 124

socalTECH

NOVEMBER 29, 2016

San Diego-based Email Copilot , which develops visualization, monitoring, reporting, and analysis of email deliverability data, has been acquired by Return Path , a New York-based developer of email data software. Financial terms of the acquisition were not announced. Al Bsharah, was co-founder and CEO of Email Copilot. READ MORE>>.

Email 100

Email Anthem San Diego Acquisition 100

socalTECH

MAY 9, 2013

The firm said it has brought its Series A up to $2.1M, and added new investors Conversion Capital, Inflection Ventures, The Artesian Group, Chris Harris (software engineering manager at Google), and Lee Essener (founder of AccessDNA). The firm earlier had announced investments from. READ MORE>>.

Draper 178

Draper Software Engineering Platform Google 178

Startup Professionals Musings

AUGUST 21, 2021

In my experience, here are some of the key elements of that “second-stage” of entrepreneurship: Move from small investors to major venture capital. Startups usually think in terms of a million to 10 million dollar infusions, but aspiring unicorns usually need to seek financial investments of hundreds of millions, or even a billion dollars.

Startup 151

Startup Course Sales Entrepreneur 151

Xconomy

OCTOBER 27, 2016

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. The increase in dollars flowing to agtech comes despite commodity prices that are down 65 percent from their 2013 peak, the report says.

Venture Capital 40

Venture Capital Pricing Invest Report 40

Berkonomics

APRIL 4, 2019

On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more.

Class 120

Class Course Report Competition 120

socalTECH

NOVEMBER 4, 2016

Google Capital , the late stage investment firm owned by Google parent Alphabet, Inc., The confirmation of the investment came via a listing on the portfolio page of Google Capital, which was renamed CapitalG this week. It's unclear when the investment by Google Capital/CapitalG occurred. READ MORE>>.

Snapchat 100

Snapchat Google Class Invest 100

Startup Professionals Musings

MAY 29, 2022

Last year was quite a year for IPOs, largely influenced by the significant rise in the number of special purpose acquisition companies (SPACs) who went public, despite almost uniformly negative returns. Thus, there is tremendous pressure to increase current earnings, and little appetite for strategic investments.

Startup 98

Startup Report IBM IBM 98

Both Sides of the Table

MARCH 12, 2013

We both wanted to build a practice that would make Los Angeles proud but where we would travel tirelessly to other locations to make investments in the best entrepreneurs wherever they were. Like any firm we of course invest in the San Francisco Bay Area where 33% of my personal boards are. We knew he had to be an investment partner.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

JUNE 7, 2018

The IPO--which is relatively small as IPOs go--would put HyreCar on the Nasdaq Capital Market trading as HYRE. The company reported GAAP revenues of $3.2M Although unusual, there are a number of local early stage companies that have pursued an early public offering rather than pursuing venture capital or private equity investment.

Venture Capital 100

Venture Capital Equity Los Angeles Report 100

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

FEBRUARY 26, 2010

Morgan, Morgan Stanley, Piper Jaffray, and UBS Investment Bank. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels. The firm reported net income of $37.16M on revenues of $234.8M Tags: green financial prepaid merger acquisition tech coast angels.

Tech Coast Angels 160

Tech Coast Angels Monrovia .Net Acquisition 160

Both Sides of the Table

SEPTEMBER 1, 2016

Scott Kupor of A16Z responded with a comprehensive overview of valuation methodology in a post that while accurate feels more targeted at sophisticated Limited Partners (LPs) who invest in funds. billion (and their stake worth $237 million not $3 billion) — the reported value at which they invested in the last round.

Venture Capital 264

Venture Capital Invest Funding Competition 264

Startup Professionals Musings

SEPTEMBER 14, 2022

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock. The reverse merger process itself doesn’t raise any capital.

Funding 104

Funding Summary Entrepreneur Acquisition 104

socalTECH

FEBRUARY 25, 2011

Irvine-based hard drive maker Western Digital reports this morning that it has opened up a new, research and development center in Singapore. WD said it will invest approximately $390M USD over the next five years, for a plant acquisition, capital equipment, and more for the center.

Research 124

Research Design Organization Acquisition 124

socalTECH

AUGUST 8, 2010

Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities. The firm's major stockholders are Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co.,

Demand 184

Demand Media .Net Santa Monica 184

Berkonomics

APRIL 14, 2012

There is a natural fear of giving too much information to investors after the initial investment is received. Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuances, changes to the articles of incorporation and bylaws, and more.

Class 202

Class Report Competition .Net 202

socalTECH

NOVEMBER 5, 2012

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. in revenues. READ MORE>>.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

JUNE 21, 2012

Sonos had raised $41M in funding--mostly from BV Capital, the investment fund of Andreas von Blottnitz--before this late stage injection from Kohlberg Kravis Roberts & Co., von Blottnitz was co-founder of ExpertCity (now Citrix Online), and his other investments include Eucalpytus, AppFolio, and Recurly. READ MORE>>.

Santa Barbara 140

Santa Barbara Funding Redpoint Equity 140

Xconomy

APRIL 9, 2018

Venture capital investors poured more than $28.2 companies during the first three months of 2018—marking the strongest single quarter in at least a dozen years, according to the Venture Monitor Report released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). billion into U.S.

Venture Capital 74

Venture Capital Funding Capital Report 74