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

SEPTEMBER 12, 2012

San Diego-based private equity firm TVC Capital , which is led by Jeb Spencer and Steven Hamerslag, has closed on a new, $75M growth equity and buyout fund, the firms said today. The new fund, TVC Capital II came from private equity fund of funds, institutional asset managers and family offices.

Capital 133

Capital Funding Equity San Diego 133

socalTECH

APRIL 26, 2018

San Diego-based Mitchell International , a provider of technology and information products for the property and casualty and collision repair industries, has scored a private equity funding from Stone Point Capital. Size of the investment was not announced.

Equity 113

Equity Funding Technical Review San Diego 113

socalTECH

JUNE 27, 2017

Rehovat, Israel-based Eloxx Pharmaceuticals , which is a wholly owned subsidiary of San Diego-based Sevion Therapeutics , said it ha raised $6M as part of a Series C funding round. The funding came from Korea Investment Partners (KIP) and DSC Investments, and is part of the acquisition deal between Sevion and Eloxx.

San Diego 113

San Diego Acquisition Invest Funding 113

socalTECH

NOVEMBER 30, 2010

San Diego- and Baltimore-based private equity firm JMI Equity said today that it has closed on a $875M fund, JMI Equity Fund VII, L.P. JMI Equity said the new fund brings its to a total of $2.1 The firm was advised by Goodwin Procter LLP in the new fund. Tags: equity private funding finance.

Equity 133

Equity Funding San Diego Acquisition 133

socalTECH

NOVEMBER 18, 2014

San Diego-based Alyllix , which produces flavors, fragrances, and other ingredients using yeast fermentation, has been acquired by Swiss company Evolva Holdings SA. As part of the acquisition, Cargill will invest $4M in Evolva shares to support the transaction. READ MORE>>.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels San Diego Pasadena 147

socalTECH

NOVEMBER 8, 2012

San Diego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade , a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a funding round from TVC, which it will use for innovation and servicing its customers.

Software 232

Software Capital San Diego Tool 232

socalTECH

JULY 2, 2013

San Diego-based startup EcoATM , the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). in funding to date. electronics tradein acquisition merger kiosk outerwall coinstar ecoatm' EcoATM had announced only around $31.4M

Claremont 174

Claremont San Diego Venture Capital Acquisition 174

socalTECH

JANUARY 8, 2014

San Diego-based renewable energy developer EDF Renewable Energy said Tuesday that it has linked up with Japanese company Marubeni Corporation , on its Shiloh IV Wind Project in Texas. MW wind project, which will help EDF free up funds for future projects. Financial details of the deal were not disclosed. READ MORE>>.

San Diego 153

San Diego Acquisition Invest Funding 153

socalTECH

JANUARY 17, 2017

San Diego-based AnaptysBio , which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. as early as Thursday.

Pricing 100

Pricing Avalon Southern California Venice 100

socalTECH

MAY 13, 2013

Howard Lindzon , the founder of San Diego-based stock-focused micromessaging service StockTwits , has finally sold a company to Twitter. Instead, one of his angel investments, Lucky Sort , has become part of Twitter in what looks to be an "acq-hire"--an acquisition to gain talent for the social networking service.

San Diego 147

San Diego Social Network Tool Acquisition 147

socalTECH

JULY 30, 2014

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. GTCR said the investment came from its $3.85 billion GTCR Fund XI, with additional funding provided by GE Capital and CapitalSource. READ MORE>>.

Windward 138

Windward SaaS Enterprise Partners San Diego 138

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

FEBRUARY 20, 2020

As part of the funding, the two said that Alger, BVF Partners LP and OrbiMed have entered into a securities purchase agreement to invest $14 million in the combined company. The merged company will focus on Forte's late-stage clinical program for treating atopic dermatitis.

Torrance 113

Torrance San Diego Capital Invest 113

socalTECH

MAY 20, 2013

San Diego-based eFFECTOR Therapeutics said today that it has raised $45M to go towards the development and invention of small molecule drugs, specifically aimed at treating cancer. According to the firm, the Series A investment included U.S. The firm''s founding team comes from the University of California San Francisco.

San Diego 138

San Diego Acquisition Capital Funding 138

Xconomy

SEPTEMBER 11, 2019

Sitari was the first of eight companies spun up through the partnership between the Southern California investment outfit and British pharma company. The company hasn’t raised any additional funds since that initial financing round. Financial terms of the acquisition were.

Avalon 56

Avalon Invest Southern California Develop 56

socalTECH

OCTOBER 26, 2015

Los Angeles-based PeerStreet said this morning that it has launched a brand new, online real estate loan marketplace, which is aimed at accredited investors interested in real estate investments. The company said it already has funded more than $35M in real estate loans, across 78 properties, during its pre-launch phase.

Google 100

Google San Diego Los Angeles Acquisition 100

socalTECH

MAY 11, 2017

San Diego-based Inseego , the company until recently known as Novatel Wireless, has received a $20M credit agreement from Lakestar Semi, a private investment fund managed by Soros Fund Management. Terms of the loan--which has a maturity date of May 8, 2018--were not announced.

San Diego 113

San Diego Sales Invest Funding 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. 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

JANUARY 26, 2017

San Diego-based AnaptysBio , which develops antibodies for treating inflammation, has raised $75.0M AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. Anaptys priced its IPO on Wednesday night at $15.00 READ MORE>>.

Avalon 100

Avalon San Diego Pricing Invest 100

socalTECH

JANUARY 16, 2013

Santa Monica-based Siemer Ventures , the venture investing arm of investment banking firm Siemer & Associates , reported yesterday that it saw the first exit in its portfolio recently, with the sale of company CloudTrigger. The fund also reports that it now has 39 digital media and technology startups in its portfolio.

Santa Monica 164

Santa Monica San Diego Report Invest 164

Xconomy

DECEMBER 18, 2018

The semiconductor company, founded in 2001, is based in Carlsbad, CA, a San Diego suburb. Cisco, the San Jose, CA-based tech giant (NASDAQ: CSCO ), said Tuesday that Luxtera’s advanced chips will help it offer its customers faster and better network service performance.

San Diego 49

San Diego CalTech Acquisition Design 49

socalTECH

JUNE 30, 2010

San Diego-based TargeGen , a firm developing small molecule kinase inhibitors for the treatment of myelofibrosis (MF) and polycythemia vera (PV), has been acquired by Sanofi-aventis, in a deal worth as much as $560M, the firm said Wednesday. TargeGen had raised over $113M in venture funding from A.M. Solomon Company in the deal.

Enterprise Partners 140

Enterprise Partners San Diego Acquisition Pricing 140

socalTECH

JULY 21, 2010

San Diego-based Skinit , a developer of customized "skins" for consumer electronics products, has raised $60M in a funding, the firm said Tuesday. Skinit said the investment was led by ABS Capital Partners and Norwest Equity Partners. Tags: skinit venture capital electronics consumer skins cover funding.

San Diego 140

San Diego Equity Venture Capital Funding 140

socalTECH

OCTOBER 27, 2010

San Diego-based Phenomix , adeveloper of diabetes drugs, has shut down, according to reports. Tags: phenomix lifescience medical biopharma biopharmaceuticals merger acquisition exit shutdown employment jobs. The move came after its major pharmaceutical partner, Forest Labs, decided to no longer pursue clinical trials.

Report 124

Report San Diego News Acquisition 124

Xconomy

MAY 31, 2016

Microsoft plans to invest more in early stage startup companies through a new corporate venture fund, headed by former Qualcomm executives. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes. With a formalized venture fund, Microsoft now has a seat at the table.

Funding 62

Funding Artificial Inteligence Cloud Computing Writing 62

socalTECH

JUNE 29, 2010

Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. Tags: vehicle auto energy electric acquisition merger tesla. Car makers are not the only firms in Southern California playing a role in the alternative vehicle market.

Southern California 176

Southern California Rustic Canyon Marketing San Diego 176

socalTECH

JANUARY 2, 2015

Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. 2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. What was the most significant event for you or your company this year?

Capital 100

Capital Cloud Computing Southern California Equity 100

Xconomy

MARCH 20, 2019

A Chicago-based private equity firm has tapped the former head of NuVasive and finance chief of GreatCall to start a new healthcare company in San Diego. billion Fund XII. Lucier is also making a “substantial” investment in Corza, according to a statement from GTCR on Wednesday.

San Diego 62

San Diego Equity Invest Funding 62

socalTECH

JULY 28, 2010

Okapi said that the first exit represented a return of more than six times the invseted capital in the firm, which it first invested in less than three years ago. San Diego-based Illumina announced its acquisition of Helixis yesterday, saying it would pay $105M for the firm.

SoCalTech 133

SoCalTech CalTech Venture Capital San Diego 133

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

JANUARY 12, 2011

San Diego-based private equity firm JMI Equity has backed Internet advertising firm Adknowledge , as lead on a $200M debt and equity financing round for that firm. Adknowledge, which is based in Kansas City, MO, said today that it raised $200M in debt and equity to fuel its growth and for future acquisitions, led by JMI Equity.

Equity 140

Equity San Diego Advertising Acquisition 140

socalTECH

AUGUST 7, 2009

San Diego-based ChemNavigator , a developer of informatics tools for the pharmaceutical industry, has been acquired by scientific equipment firm Sigma-Aldrich. Tags: chemnavigator healthcare lifescience sigma aldrich merger acquisition. Financial terms of the buy were not disclosed.

San Diego 100

San Diego Screening Tool Acquisition 100

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. Just 10 percent of corporate investments were made to build new technological capabilities, the report says.

Venture Capital 40

Venture Capital Pricing Invest Report 40

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. When did you invest in the firm? Jeb, thanks for the time today.

Capital 168

Capital Hermosa Beach El Segundo Invest 168

socalTECH

JULY 16, 2010

One of the questions we get most from entrepreneurs is how companies reach an exit event, and the thinking that goes into acquisitions. Quinn Curtis: We were around since 2005, we were incorporated and funded in 2006. What's the story behind the acquisition? How big was the team in San Diego? READ MORE>>.

San Diego 145

San Diego IP Acquisition Web 145

Xconomy

AUGUST 30, 2016

Petco, the privately held pet supplies company based in San Diego, said today it led a $10 million Series A financing in Los Angeles-based Petnet, a three-year-old startup developing technology-enabled pet feeders and pet food delivery service. The deal also reflects Petco’s expanding interests in technology following the company’s $4.6-billion

San Diego 52

San Diego Los Angeles Mobile Equity 52