socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.

San Diego 113

San Diego Coach Sales Training 113

socalTECH

JUNE 26, 2013

As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. Bass Associates, and also included Allegis Capital and individual investors. emn8 snapfinger merger acquisition venture capital restaurant ordering dining food point sale' READ MORE>>.

Allegis 164

Allegis Venture Capital Acquisition Mobile 164

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

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. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

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. Louis, Missouri.

Acquisition 113

Acquisition Equity Los Angeles Software 113

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

Both Sides of the Table

SEPTEMBER 1, 2016

VCs strangely never seem to weigh in on other VC funds. As an entrepreneur I never really knew what to make of VC return data. But more importantly, VC returns are notoriously hard to measure at one point in time. Let me offer you an insider’s take. Now from Both Sides of the Table I know a thing or two. Nobody knows.

Venture Capital 264

Venture Capital Invest Funding Competition 264

socalTECH

DECEMBER 27, 2018

If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018. Seismic, a sales software company, raised $100M and became a unicorn. Nonetheless, I expect that in 2019 the VC market will shift toward demanding profit.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

Both Sides of the Table

NOVEMBER 9, 2012

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Bimodal returns are a fallacy, many great VC funds are built on the power law curve. They say the same about VC. Both can hurt you in an acquisition. Often they are “soft landings” for PR purposes. They are wrong there, too.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

InfoChachkie

JANUARY 16, 2018

The problem is that stakeholders, like marketing and sales, don’t know what the latest version of the roadmap is. Greathouse: Having run these groups, I know all about the inherent friction between sales and marketing with regard to lead quality, volume, etc., Metrics related to customer acquisition, lifetime value and churn.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

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. Switch your focus from product development to sales. Isolate marketing from sales for maximum customer focus. Utilize mergers and acquisitions to accelerate growth.

Startup 151

Startup Course Sales Entrepreneur 151

Both Sides of the Table

JULY 1, 2010

Rumored to have turned down acquisition offers from Yahoo and Facebook. Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. -Offers virality optimization tools and A/B testing inside Facebook. Company plans to use the capital to build out sales and marketing and r&d. -a

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

MAY 20, 2014

Financial terms of the sale were not announced. renewable energy photovoltaic cleantech merger acquisition venture capital project solar utility farm mojave catalina' EDF Renewable Energy said it will continue to provide operations and maintenance services for the solar farm. READ MORE>>.

Invest 138

Invest San Diego Venture Capital Equity 138

Both Sides of the Table

MAY 25, 2013

But VC is like congress. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. Their data looks at tech VCs.

Venture Capital 374

Venture Capital Entrepreneur Invest Funding 374

socalTECH

APRIL 1, 2009

According to the firm, total merger and acquisition activity only totaled $3.2 Interestingly enough the news for Southern California companies was not all bad--two Southern California exits, both sales to Medtronic, made up 30% of the venture liquidity in the quarter. billion generated in liquidity last year.

Venture Capital 100

Venture Capital Southern California Acquisition News 100

Both Sides of the Table

SEPTEMBER 28, 2014

We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). We want a strong balance sheet (um, ok.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

MARCH 12, 2013

Because my role as a VC requires me to take and endless stream of meetings I long ago decided I need to learn as much as I can from the meetings I attend so I often just ask tons of questions and assimilate knowledge. .” When I think about what defines us as a VC I think: Operationally knowledgeable / strong startup competence.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

OCTOBER 12, 2010

So, early on I knew what venture capital is (along with "chips", "boxes", "burn rate" and other valley lingo). But I've been surprised recently by the number of VCs saying  publicly and on panels  that any company looking for funding needs to have an exit strategy based around likely corporate buyers. READ MORE>>.

Venture Capital 140

Venture Capital High Tech Invest Acquisition 140

Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. I can’t help feel a bit of rear-view mirror analysis in all of “VC model is broken” bears in our industry. They are, in fact, great news for traditional venture capitalists. This article originally ran on PEHub.

Venture Capital 347

Venture Capital Capital Technical Review Startup 347

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

socalTECH

MARCH 6, 2013

The new features are an outgrowth of the evolution of CapLinked from providing its services to startups and venture capital firm, to large clients like Thomson Reuters, Sun Capital Partners, AI Verified, NextView Ventures, and Equity partners CRB. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

From the Venture Trenches

MARCH 27, 2013

The fact is most start-ups that generate a positive return for their investors are acquired by corporations or financial institutions and the average time it takes a VC to make a return on their investment is more than eight years. So, whether an entrepreneur raises money or not, they have to have a long-term vision.

Venture Capital 45

Venture Capital Capital Anthem Startup 45

Both Sides of the Table

DECEMBER 27, 2011

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418

Startup Venture Capital Sales Technical Review 418

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

OCTOBER 14, 2019

Financial details of the acquisition and investment were not announced, however, Mighty Oak Entertainment said Bryan and Ellis have purchased 50 percent of the company from founder Mark O'Brien. Might Oak said its founder, O'Brien, previously was a development and content sales executives for Warner Bros.,

Entertainment 113

Entertainment Invest Los Angeles Content 113

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. and the subsequent acquisition sprees of companies like Google, Yahoo!, Why do VC’s care about these years? VCs care that you’ve thought about these issues. portfolios.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

socalTECH

DECEMBER 10, 2018

Costa Mesa-based venture capital investor CerraCap Ventures says it has seen an exit out of its investment portfolio, saying that the sale of digital gifting and exchange company Swych resulted in a 4.3X return for the firm in less than two years.

Venture Capital 113

Venture Capital Mobile Sales Funding 113

socalTECH

FEBRUARY 15, 2019

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. In this industry, customer acquisition costs are super high. Customer acquisition costs can be as much as $200 an hour. How did you connect with Kevin and ScOps Venture Capital, and why did you decide to raise a round?

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. The company said the new funding will support and accelerate our product development, manufacturing, and sales. According to Transphorm, following the merger, Peninsula changed its name to Transphorm, Inc.,

Funding 113

Funding Equity Acquisition Sales 113

SoCal Tech Calendar

APRIL 27, 2012

He will discuss current MandA and VC financing market dynamics, acquisition and financing interests of the large media and tech buyers and how to get on their radar. This free event is for CEOs only, with at least a million dollars in sales or funding. Service providers will be asked to leave.

Venture Capital 113

Venture Capital Education Media Acquisition 113

Both Sides of the Table

DECEMBER 3, 2009

This is part of my ongoing Raising Venture Capital (VC) series. When people refer to a strategic investor they are usually talking about an investor that comes from the industry you serve as opposed to an independent venture capital investor. The reality is that their core business is not venture capital.

Venture Capital 279

Venture Capital Startup Entrepreneur Framework 279

socalTECH

NOVEMBER 1, 2010

In further details on the FAN deal, Addante also said that it has not acquired the advertising sales team at FAN, saying that it "is not, and will not be, an ad network." Intead, the firm is using FAN's acquisition to add around 100 employees from FAN as part of its engineering and product team. READ MORE>>.

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

APRIL 4, 2018

San Diego-based venture investor Versant Ventures said today that it has sold its Inception 5 program, focused on regenerative therapies for multiple sclerosis, to Roche Holdings. Financial details of the sale were not announced.

San Diego 100

San Diego Acquisition Sales Company 100

socalTECH

JULY 21, 2010

The firm said the funding will go towards new products, sales and marketing, as well as to purchase a portion of the shares owned by its founding shareholders. Mark Anderson and Phil Clough of ABS Capital, and Tom Schauerman of Norwest Equity Partners all join the firm's board as part of the funding.

San Diego 140

San Diego Equity Venture Capital Funding 140

socalTECH

SEPTEMBER 5, 2017

Alteryx said it will not receive any proceeds from the sale of the shares. Although Alteryx did not details who those existing stockholders are, it's likely the beneficiaries of the sale are the company's early venture capital investors.

Class 100

Class Venture Capital Sales Software Development 100

Both Sides of the Table

JUNE 27, 2021

We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. the sale of the company for $1 billion. Early-stage venture capital is about extreme winners.

Funding 294

Funding Startup Writing Invest 294

Both Sides of the Table

APRIL 14, 2012

My friend Christin Herron of Intel Capital weighed in on the issue. “it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.”

Venture Capital 316

Venture Capital Pricing Social Network Acquisition 316