Active Life Scientific Snags $500K

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Santa Barbara-based Active Life Scientific , a developer of life sciences research and diagnostics tools, said this morning that it has raised $500K in a Series A follow on investment. Active Life, which is headed by Davis Brimer, says its medical tools are being targeted at the growing problem of degenerating and stiffening tissues, which causes frailty. frailty tools diganostics research lifescience capital venture scientific life active

Active Storage Names Engineering VP

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Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Active Storage, which is currently headed by Steve Rizzone, develops RAID storage devices particularly targeted at the media industry; the firm's products are particularly geared toward the Apple market, where the firm's founders had worked on Apple's various storage products.

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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

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A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people.

Trace Gets Funding From Intel Capital

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Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups. traceup trace intel capital snow tracking sensor speed video artificial intelligence venture sports

What I Learned In 2015: Jeb Spencer, TVC Capital

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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. TVC Capital has also been a big supporter of socaltech over the years.

Core Innovation Capital Backs Mosaic's $220M Funding

socalTECH

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Mosaic, which works with both owners and installers to help provide the upfront capital for residential solar installs, said the $220M equity round was led by Warburg Pincus, and also included Core Innovation Capital and Obvious Ventures.

Latest Data Show Venture Capital Industry on Pins and Needles

Xconomy

According to the National Venture Capital Association and PitchBook , this past quarter $15 billion was invested in 1,810 deals , which compares unfavorably to both the prior quarter ($22.1 What is most interesting is the activity beneath the headline data.

LifeCrowd Launches Activity Discovery Service

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Los Angeles-based LifeCrowd launched Wednesday, saying that it is looking to help users connect with others on fun activities led by experts. The new startup--funded by Bullpen Capital, Baroda Ventures, and Prism VentureWorks, and headed by Bong Koh--is one of the companies debuting today at the DEMO Fall 2011 conference in Silicon Valley. lifecrowd activity discovery classes learning expert startup demoLooking for something fun to do around town?

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Report: Los Angeles Ranks Sixth In Active Startup Ecosystems

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A new report this week from the Startup Genome Project has ranked Los Angeles as number six in a list of the world's most active startup ecosystems. The report ranked the cities by "startup throughput"--the number of startups, startup success rates, availability of capital, job creation, and other factors.

Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals

Xconomy

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. Venture capital firms also are having no trouble raising funds. Software companies continue to attract the most attention from venture investors, with 2,122 companies drawing in roughly $27 billion so far this year and accounting for nearly half of all invested capital.

Active Network Sets IPO Trading Range

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San Diego-based Active Network , the operator of online sports registration, team website, and related sports businesses, has set the trading range for its IPO. Active Network's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co. active network actv merger acquisition exit sports saas software registration

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ACTIVE Network In $1.05 Billion Acquisition Deal With Vista Equity Partners

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San Diego-based sports and activity registration service Active Network announced this morning that it has agreed to be acquired by private equity firm Vista Equity Partners , in a deal valued at approximately $1.05 Active Network said that Vista Equity Partners will pay $14.50 per share in cash for Active Network, in a deal which has been approved by Active''s board of directors. The deal will remove Active Network from the public markets.

Active Storage Adds Exec

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Torrance-based Active Storage , which develops data storage products for the Apple and other markets, said Wednesday that it has named Jeff Lowe as Senior Director of Strategic Market Development. Active Storage is led by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners. active storage executive data apple

Active Network Prices IPO

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San Diego-based The Active Network , the operator of sports and community event registration services and websites, priced its IPO Wednesday evening, saying it will sell 11,000,000 shares of its common stock at $15.00 Active priced below its expected initial offering range, which was $16.00 Active's IPO is being underwritten by BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co.

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around.

Core Innovation Capital Raises $71M In New Fund

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Los Angeles-based Core Innovation Capital , the fintech investment firm led by Arjan Schutte and Kathleen Utecht, has just raised $71.5M in a new fund, Core Innovation Capital II, L.P. Core Innovation Capital has been among the most active investors in the Los Angeles area, although the firm invests nationwide in financial technology companies. core innovation capital fintech financial investment venture arjun schutte kathleen utecht

Active Storage Raises $7.0M More

socalTECH

Torrance-based Active Storage , the developer of RAID storage products for the Apple Macintosh, has raised $7.0M data raid apple capital venture storage activein a new funding round, according to a regulatory filing from the firm Tuesday. Source of the new funding was not announced by the company, however, the firm's board continues to include representatives from Mission Ventures and Valhalla Partners. READ MORE>>.

VC Activity Continues Slowdown in Fourth Quarter, and Top 10 Deals

Xconomy

Venture capital firms didn’t exactly take their foot off the accelerator, but the pace of VC investments continued to weaken in the three months that ended in December, extending a slowdown that began in July, according to two venture reports issued today.

Interview with Jeb Spencer, TVC Capital

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The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. Jeb Spencer: The goal at TVC Capital is to do exactly this. These companies don't traditionally get venture capital.

Active Network IPO Expected Wednesday

socalTECH

San Diego-based Active Network , the operator of online sports and event registration web sites, is expected to IPO this week on Wednesday, according to the NASDAQ's IPO calendar. Active Network has indicated it will sell 11,000,000 shares of its common stock in its IPO, at between $16.00 The firm's underwriters are BofA Merrill Lynch, Citi, Allen & Company LLC, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity LLC, and WR Hambrecht+Co.

Why Mucker Capital Is Putting More Money To Work In LA Startups

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Recently, the team behind MuckerLab has made a subtle shift--becoming Mucker Capital (www.muckercapital.com)--focusing on seed stage investments. Talk about the shift from MuckerLab to Mucker Capital?

Venture Capital Fundraising On Uptick

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It looks like it's going to be a good year for venture capital -- fundraising, that is, according to numbers released by Dow Jones Monday. venture funds raised $13 billion in the first six months of the year, a 31 percent increase in fundraising activity compared with the first half of 2011.

SoCal Gets $739M In Venture Capital In Q2

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Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. The most active investors in Southern California companies were Kleiner Perkins Caufield & Byers and Versant Ventures , with four deals each. Other active investors were U.S

Core Innovation Capital Sets Up Shop In LA

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In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area''s growing startup market. According to Core Innovation Capital , it has moved its offices to Los Angeles from New York City, to be closer to potential investments in its focus area of funding companies serving underbanked consumers in America. core innovation capital venture investment fund

San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. VC firms invested $280.6 million in 49 startups in San Diego County during the third quarter, according to a breakout of data provided by PitchBook as part of the inaugural “Venture Monitor” report. That was 32 percent lower than the $414.4

Tech Coast Angels Among Most Active Angel Groups

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A new report today, from the Angel Resource Institute, Silicon Valley Bank, and CB Insights, has found that the Tech Coast Angels is again one of the most active angel investment groups in the country.

Venture Capital Totals $603.2M In Southern California In Q3

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Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. In San Diego, the top deals were for oneRoof Energy , with $50M raise, MeLLmo , which recently raised $30M, and AwarePoint , with $27.42M raised in venture capital in Q3. 2011 california southern capital venture

Insights: Raising Growth Capital

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Nikkhoo gives some insights into the skill of raising growth capital. Which is why raising growth capital is of one the most important and defining steps for any company. As Calvin Coolidge said,"All growth depends upon activity. Read the rest of Raising Growth Capital.

Interview with Bong Koh, LifeCrowd

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Earlier this month, Los Angeles-based LifeCrowd (www.lifecrowd.com) unveiled its service to help connect people with real life activities. The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting classes, activities, and more in the local area.

Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. In a bull market many players see drift in their activities. Not to mention providing the capital for growth.

Southern California Firms Get $587.0M In Venture Capital In Q2

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in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. The report comes every quarter from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters.

Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

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. million transaction involved buying Docupace back from the scandal ridden, failed public company RCS Capital (RCAP). Innovation yields new companies looking for capital to grow, so we are hoping for an exciting and active year.

Raising Seed Capital Now: 10 Tips

Tech Coast Venture Network

Last year, venture capitalists and angels who co-invested with them placed $7 billion into seed and early-stage deals, an 11 percent increase from 2009, according to the most recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report. To help you get a jump-start with fundraising, I’ve gathered tips from active early-stage investors and entrepreneurs who managed to beat the odds by raising capital during and after the Great Recession.

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