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Bitium Gets $6.5M For Enterprise Software

socalTECH

The company said the new funding will go towards product development, sales, and marketing activities. amplifyla amplify accelerator capital venture software saas cloud enterprise bitium' Bitium''s software is used for managing software-as-a-service apps. Bitium was part of the Amplify LA accelerator. READ MORE>>.

Software 153
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Incentive Raises $1.8M, Sets Up Shop In LA

socalTECH

Incentive is led by Rickard Hansson; the company''s software offers up activity streams, wikis, blogs, and other social apps for companies, which operates behind a company''s firewall or in a private cloud. The company said it plans to double its sales force in the U.S. this year, along with expansion in Sweden. READ MORE>>.

SaaS 153
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

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.

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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how Of course we can’t.

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

= 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). It’s funny how scarcity of capital can focus one’s mind. The reason one would accept losses is when they are investments in fueling faster growth. End of story.

Metrics 150
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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. If you work at a company that has raised $20 million in capital or more this is the likely situation unless you had overnight and meteoric growth that gave you the power to hold on to a board majority.

Startup 325
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Seismic Joins Unicorn Club, Finds $92M More

socalTECH

San Diego-based Seismic , which develops sales enablement and marketing software, has joined the unicorn club, saying this morning that it has raised $92M in a Series F funding, which values the company at approximately $1.6 Rowe Price, its existing investors. Seismic has now raised a total of $270M in funding.

San Diego 113