socalTECH

OCTOBER 14, 2021

San Luis Obispo-based software developer Mindbody said on Wednesday that it has raised $500M in a strategic investment, and acquired ClassPass, a monthly subscription service which provides access to fitness and wellness experiences. According to Mindbody, the $500M investment came from an investment group led by Sixth Street.

Acquisition 113

Acquisition Equity Software Development Invest 113

socalTECH

DECEMBER 16, 2015

La Jolla-based Abacus Data Systems , a developer of software to help law firms manage their practices, has been acquired by private equity investor Providence Equity , the companies announced today. Abacus said the strategic majority investment by Providence Equity will help it quickly sale up its technology infrastructure.

Equity 100

Equity Software Sales Invest 100

socalTECH

FEBRUARY 2, 2021

Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.

Venice 113

Venice Commerce Equity Acquisition 113

socalTECH

MAY 4, 2021

The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity. The investment round firmly vaunts the company into unicorn territory. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113

Commerce Coach Course Equity 113

socalTECH

OCTOBER 2, 2012

One of the few local funds to recently raise a fund is TVC Capital (www.tvccapital.com), which just closed TVC Capital II, a $75 million growth equity and buyout fund. As a reminder to our readers, can you talk briefly about TVC and what kinds of companies you invest in? Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Startup Professionals Musings

NOVEMBER 11, 2020

Landing investments and backing requires a new level of confidence, communication, and risk. Maybe you are more comfortable going slow, with limited resources, or aiming high and giving up equity. Building a business requires funding – for inventory, marketing, and operations. The test – iterate and pivot, based on market feedback.

Entrepreneur 139

Entrepreneur Help Incubator Startup 139

socalTECH

NOVEMBER 28, 2017

Los Angeles-based Reliam , which provides managed services to help companies manage their operation on public cloud services like Amazon Web Services, has received a $75M commitment from private equity investor Great Hill Partners.

Equity 153

Equity Web Los Angeles Organization 153

Both Sides of the Table

APRIL 19, 2011

A friend helped him get out of this situation and changed Matt’s life forever. 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

JANUARY 18, 2013

Carlsbad-based Life Technologies said this morning that it has hired two investment banking firms, Deutsche Bank Securities Inc. However, according to a Canadian newspaper, the investment bankers are actually looking to help drum up interest in buyers for the company.

Technical Review 147

Technical Review Invest Technology Equity 147

socalTECH

JULY 23, 2014

Los Angeles-based private equity investor Levine Leichtman Capital Partners announced Tuesday that it has acquired FASTSIGNS International , a franchisor in the custom sign and graphics industry. Levine Leichtman said the acquisition came in a partnership with the management of the company, which has nearly 550 franchise locations.

Equity 138

Equity Acquisition Los Angeles Capital 138

socalTECH

SEPTEMBER 9, 2021

Jam City said the new, $350M funding round was a combination of equity and debt, and included Netmarble, Kabam, and affiliates of funds managed by Fortress Investment Group. Jam City said the new funding will help it continue its global expansion, and also help further its strategy to build out its portfolio of studios.

Burbank 113

Burbank Equity Mobile Los Angeles 113

socalTECH

MAY 17, 2019

Los Angeles-based Criteria Corp , a developer of a software-as-a-service employment analytics and pre-employment testing platform, said today that it has raised $56M in a strategic investment round, from private equity investor Sumeru Equity Partners. According to Criteria Corp.,

Equity 113

Equity Los Angeles Platform Invest 113

Startup Professionals Musings

FEBRUARY 13, 2016

Either of these qualms can ultimately sidetrack your startup as not worthy of investment, so it pays to do your homework on what you say and how to communicate effectively. Investors will be looking for a sizing validated by industry analysts large enough for good investment returns. Investors invest in people more than the idea.

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

JANUARY 22, 2011

The name “investment bank” somehow always sounded like a place where I could somehow deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

Invest 84

Invest Help Startup Venture Capital 84

Startup Professionals Musings

JULY 16, 2023

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

Funding 72

Funding Startup Invest Venture Capital 72

socalTECH

NOVEMBER 18, 2015

Santa Monica-based private equity investor Clearlake Capital Group, L.P. Financial terms of the acquisition were not announced. Synsort said the "significant investment" from Synsort will help it with an aggressive growth strategy. Syncsort develops Hadoop and other big data integration software for the mainframe market.

Capital 100

Capital Santa Monica IBM IBM 100

socalTECH

OCTOBER 26, 2015

Los Angeles-based online real estate investing marketplace RealtyMogul.com said it has helped to finance the acquisition of a multi-tenant, medical office building in Hollywood, Florida.

Funding 100

Funding Hollywood Equity Los Angeles 100

Startup Professionals Musings

APRIL 17, 2023

Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. They call first investments at this stage the “A-round,” and often follow with a B-round through G-round. Congratulations!

Funding 125

Funding Startup Ideas Equity 125

socalTECH

JUNE 24, 2010

Los Angeles-based CapLinked , an online startup developing software to help link entrepreneurs with their investors, has raised $350,000 in an equity investment round, according to a regulatory filing by the firm today. Tags: caplinked paypal mafia venture capital investment startup entrepreneur. READ MORE>>.

Venture Capital 243

Venture Capital Entrepreneur Equity Invest 243

socalTECH

OCTOBER 19, 2012

Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu , the firm said Friday morning, getting a nice return on its investment in the online video streaming site. Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week.

Hulu 170

Hulu Equity Invest Report 170

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

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. READ MORE>>.

SoCalTech 159

SoCalTech Equity Los Angeles Organization 159

socalTECH

FEBRUARY 4, 2014

Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.

Riverside 147

Riverside Santa Barbara Company Companies 147

socalTECH

DECEMBER 11, 2012

According to the two companies, Pernix will acquire Somaxon in a stock-for-stock transaction worth a total of $25M in total equity. Pernix said the buy will help expand its product portfolio. The company has been looking for a buyer since December of 2011, when it drastically cut its staff and said it had hired an investment banker.

San Diego 147

San Diego .Net Equity Acquisition 147

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. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

FEBRUARY 14, 2013

lynda.com , the online learning and video instruction site based in Carpinteria, is putting some of its new funding to work, saying this morning that it has acquired video2brain, GmbH , a European online video training company, to help expand its services worldwide. Financial terms of the buy were not disclosed. READ MORE>>.

Training 140

Training Course Acquisition Equity 140

socalTECH

JANUARY 23, 2014

Los Angeles-based private equity investor The Gores Group announced this morning that it has acquired Zmags Corp. , The Gores Group said it acquired Zmags through its Small Capitalization Partners investment fund. The Gores Group said it acquired Zmags through its Small Capitalization Partners investment fund. READ MORE>>.

Mobile 113

Mobile Equity Software Development Web 113

Startup Professionals Musings

SEPTEMBER 10, 2013

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. Very confusing.

Invest 82

Invest Startup Venture Capital Funding 82

Startup Professionals Musings

JULY 22, 2020

Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. They call first investments at this stage the “A-round,” and often follow with a B-round through G-round. Congratulations!

Startup 148

Startup Ideas Equity Invest 148

Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … Equity is divided between the founders and the business begun.

Equity 156

Equity Class Pricing Sales 156

Startup Professionals Musings

FEBRUARY 6, 2022

Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition. As an alternative, every CEO needs an Advisory Board to help them grow, which they can ignore or fire at their pleasure.

Allegis 139

Allegis Startup Acquisition Entrepreneur 139

socalTECH

JUNE 27, 2019

He saw that the cost of acquisition for many, many different businesses were going through the roof, week after week. We saw that they were hitting the inflection point, where they were spending more than they were receiving from customer acquisition. That's where I saw the problem we are solving at Retina.

Dollar Shave Club 113

Dollar Shave Club Artificial Inteligence Customer Custom 113

socalTECH

DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015.

Capital 100

Capital Beverly Hills Artificial Inteligence Equity 100

Startup Professionals Musings

SEPTEMBER 7, 2015

You shouldn’t invest in an undefined business. Most have developed their own financial “rules of thumb” that will help them decide if your startup is fundable, in conjunction with their assessments of your team and your basic business concept. Growth projections should be aggressive, never conservative.

Startup 107

Startup Equity Invest Acquisition 107

socalTECH

JUNE 3, 2013

David Field: In a nutshell, we, and others like us, exist to help homeowners save money on their electric bill. If we can''t help them save money on their electric bill, the only other reason would be for the environmental benefits. That''s in part because of a significant investment in China around solar manufacturing.

Equity 234

Equity Invest Marketing Product 234

socalTECH

JANUARY 3, 2019

Technology investing is the best job in the world, but it can be fraught with failure. Once you make enough technology investments, as we have over the last decade, failure at multiple levels will increase and sometimes it feels as if these failures are often sudden, surprising and multiplicative. Two big lessons in 2018. Just maybe.

Capital 113

Capital Southern California El Segundo SaaS 113

Both Sides of the Table

JULY 10, 2010

If you don’t know Montgomery & Co it is one of the premier technology & media focused investment banks in the country (and as Michael corrected me they also have a strong Healthcare / Med tech practice). Should you use investment banks to raise venture capital? We discussed: 1. This is often in the 5-7% range.

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242