socalTECH

MARCH 30, 2017

The record, $2 billion acquisition of Irvine-based TV maker Vizio has hit some serious turbulence, with reports saying that the deal may be abandoned or cancelled , due to issues China's recent restriction of moving capital overseas. READ MORE>>.

San Gabriel 100

San Gabriel Acquisition Report Sales 100

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

Software 100

Software Capital Funding Equity 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

AUGUST 23, 2017

in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company. The publicly held company, which trades on the Nasdaq at MBVX, said the new funding will go toward working capital and general corporate purposes.

Invest 113

Invest Company Companies San Diego 113

socalTECH

OCTOBER 12, 2016

The funding came from L Squared Capital Partners. According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions. Edlio is led by CEO Ali Arsan.

Acquisition 100

Acquisition Software Class News 100

socalTECH

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm. OpenGate Capital had acquired Getronics LATAM in 2010.

Capital 113

Capital Equity Los Angeles Sales 113

Berkonomics

JUNE 25, 2020

The old measures, including return on investment, percentage of profit against revenue or employee count, and more, obviously are still relevant. CACR (Customer Acquisition Cost Ratio). The lower the ratio, the more successful the customer acquisition campaign. CPA (Cost per Acquisition). The lower, the better.

Acquisition 156

Acquisition Statistics Sales Customer 156

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. billion, with the funding led by Andreessen Horowitz.

Entertainment 113

Entertainment Acquisition Los Angeles Invest 113

socalTECH

MAY 20, 2014

San Diego-based EDF Renewable Energy , the developer of solar power projects, said Monday that TIAA-CREF has made an investment in the firm. Financial terms of the sale were not announced. renewable energy photovoltaic cleantech merger acquisition venture capital project solar utility farm mojave catalina' READ MORE>>.

Invest 138

Invest San Diego Venture Capital Equity 138

socalTECH

MAY 15, 2014

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' According to the report, from Re/Code, the company has hired Morgan Stanley as an advisor. READ MORE>>.

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. TikTok is the target of efforts by the U.S.

Report 113

Report Acquisition Los Angeles Sales 113

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. An interesting investment for our firm, the $16.5 READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. What better than to have capital from somebody who has actually done it in the trenches? 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

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

JUNE 30, 2021

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. ServiceTitan said it is hiring, particularly in customer support, sales, product, and engineering. Aspire Software is based in St.

Acquisition 113

Acquisition Equity Los Angeles Software 113

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

AUGUST 29, 2011

Santa Ana-based CoreLogic , a provider of real estate and mortgage databases and information, said Monday afternoon that it has hired investment banking firm Greenhill & Co., Typically, companies hire an investment bank to shop itself to buyers. to explore "alternatives to enhance shareholder value." READ MORE>>.

Invest 145

Invest Sales Capital Marketing 145

socalTECH

NOVEMBER 5, 2012

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. The announcement came as the firm announced net sales of $107.4M in revenues. The firm also reported a net loss of $21.0M. READ MORE>>.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

MARCH 30, 2011

The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. We chatted with Jeb Spencer , Managing Partner at TVC, to understand the firm's strategy and how the investment worked out. Jeb Spencer: The goal at TVC Capital is to do exactly this.

Capital 168

Capital Hermosa Beach El Segundo Invest 168

socalTECH

SEPTEMBER 30, 2009

San Diego-based Semtek Corporation , a developer of security technology used for protecting magnetic stripes on credit cards, has scored an investment from VeriFone Holdings, VeriFone said Wednesday. Amount of the investment was not disclosed. Other investors in the round included Venrock Capital and RRE Ventures. READ MORE>>.

Invest 113

Invest San Diego Venture Capital Acquisition 113

socalTECH

AUGUST 21, 2013

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. bliptv blip acquisition merger content network youtube studios maker' READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

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

socalTECH

FEBRUARY 22, 2016

According to Engaged Capital LLC , it believes Outerwall's current management have impaired the valuation of the company, and is demanding that Outerwall "shut down or sell" ecoATM, among other moves. ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar.

Sales 100

Sales San Diego Demand Capital 100

socalTECH

JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

Berkonomics

AUGUST 1, 2013

The old measures, including return on investment, percentage of profit against revenue or employee count, and more, obviously are still relevant. CACR (Customer Acquisition Cost Ratio). The lower the ratio, the more successful the customer acquisition campaign. CPA (Cost per Acquisition).

Acquisition 189

Acquisition Statistics Sales Customer 189

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.

Tech Coast Angels 100

Tech Coast Angels Invest Angel Southern California 100

socalTECH

FEBRUARY 5, 2021

The offering is being underwritten by Lake Street Capital Markets, LLC, Northland Securities Inc., The new funding will go towards working capital, and general corporate purposes including sales and marketing and technology investments, according to the company. Davidson & Co., Maxim Group, and Ladenberg Thalman & Co.

Los Angeles 113

Los Angeles Pricing Sales Capital 113

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

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. Early-stage venture capital is about extreme winners.

Funding 294

Funding Startup Writing Invest 294

Startup Professionals Musings

FEBRUARY 25, 2023

The answer you give can make or break your ability to get an investment, so you need to have the right answer ready before anyone asks. Here are three important reasons for the question: Good investment paybacks normally require an exit event. Equity investments are not loans, so there is no loan payback period or interest payments.

Technical Review 105

Technical Review Equity Invest Startup 105

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

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

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 26, 2019

According to RealtyMogul, it has sold the proprietary loan underwriting software it developed in its labs to Hunt Real Estate Capital , in an all-cash transaction. Financial terms of the sale were not announced. Hunt Real Estate Capital is a subsidiary of Hunt Companies, Inc., READ MORE>>.

Software 133

Software Technology Research Los Angeles 133

socalTECH

NOVEMBER 5, 2015

MarketShare was venture backed by FTV Capital, Elevation Partners, along with others. MarketShare's predictive analytics software is used by the marketing industry to understand how their investments marketing and sales reflect in TV, print, display, search, video, social media, website, PR, and elsewhere.

Social Media 100

Social Media Acquisition Los Angeles Marketing 100

Both Sides of the Table

APRIL 26, 2016

= profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). The reason one would accept losses is when they are investments in fueling faster growth. It’s funny how scarcity of capital can focus one’s mind. End of story.

Metrics 150

Metrics Startup SaaS Course 150

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. million last year, is among hair businesses aimed at women and people of color, like Rebundle , Morado and theCut , attracting venture capital dollars. The company, which raised $1.7

Tool 179

Tool Customer Custom Marketing 179