socalTECH

JUNE 22, 2012

Santa Monica-based BlockBeacon , a new, venture backed startup developing mobile applications to help connect users with local restaurants and bars, has released a new iPhone app aimed at helping locals discover interesting, socially active places nearby.

Orange County 221

Orange County Santa Monica Pasadena Activity 221

socalTECH

JUNE 27, 2013

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. The 17-year old firm, which also said it will open up a brand new home at the center of Silicon Beach, signing a 10-year lease for a space on 7th Street in Santa Monica.

GRP Partners 164

GRP Partners Funding CitySearch Venture Capital 164

socalTECH

JANUARY 2, 2014

Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.

Mobile 224

Mobile Santa Monica Incubator Seed Funding 224

socalTECH

JUNE 27, 2018

Santa Monica-based InvolveSoft , which develops software to help companies encourage their employees to volunteer for events and help contribute to their local communities, has raised $2.5M in a funding round, the company said this morning.

Platform 100

Platform Bertelsmann Santa Monica Training 100

socalTECH

APRIL 8, 2014

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here.

Seed Funding 220

Seed Funding Santa Monica Funding Startup 220

socalTECH

FEBRUARY 27, 2019

SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018.

Capital 113

Capital Santa Monica Venture Capital Research 113

Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

socalTECH

APRIL 19, 2012

Santa Monica-based LifeCrowd , the social activities website headed by Bong Koh , has raised $5M in a initial funding round, the company is announcing today. As part of the funding, a representative from Lightbank will take a seat on LifeCrowd's board.

Santa Monica 170

Santa Monica Activity Class Sites 170

socalTECH

JUNE 27, 2013

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. The firm just announced that new fund, and a new name, Upfront Ventures (www.upfront.com). Tell us about the new fund?

Funding 196

Funding Venture Capital Los Angeles Social Media 196

socalTECH

DECEMBER 11, 2013

Santa Monica-based MomentFeed , which develops mobile marketing software which lets marketers understand correlate the activities of mobile users with the physical locations of those consumers, said this morning that it has raised $5.5M in a Series A funding round. MomentFeed is led by Robert Blatt. READ MORE>>.

Draper 167

Draper Social Media Santa Monica Venture Capital 167

socalTECH

FEBRUARY 28, 2014

Santa Monica-based Bitium announced Friday that it has raised $6.5M in a Serie A funding, to go towards its app management, single sign-on, and analytics tools. The company said the new funding will go towards product development, sales, and marketing activities. Bitium was part of the Amplify LA accelerator.

Software 153

Software Santa Monica SaaS Venture Capital 153

socalTECH

JANUARY 10, 2011

Los Angeles angel investor Paige Craig is part of a new round of funding for Internet web influence tracker Klout. in a funding round, led by Kleiner Perkins' sFund, which also included Greycroft Partners, as well as prior investors Paige Craig, ff Asset Management, Tom McInerney, Bobby Yazdani and Howard Lindzon.

Santa Monica 205

Santa Monica Startup Web Los Angeles 205

socalTECH

APRIL 12, 2017

PwC noted that LA/Orange County was one of the few major hubs seeing an uptick in both deals and dollars from Q4 2016, versus Silicon Valley, where deal activity "essentially flat" and at an "eight-quarter low". Nationally, investors invested $13.9 Nationally, investors invested $13.9 READ MORE>>.

Venture Capital 113

Venture Capital Southern California Orange County Invest 113

socalTECH

SEPTEMBER 17, 2015

Santa Monica-based SolarReserve , the developer of utility-scale solar power projects, reported Wednesday that it has received an award from the U.S. from the Energy Department, and also co-fund e effort, to improve the performance and efficiency of concentrating solar power plants. SolarReserve said it will receive $2.4M

Santa Monica 100

Santa Monica Activity Report Funding 100

socalTECH

MAY 20, 2015

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a new, $30M investment in Coho Data , a developer of high performance, flash-based storage. March has been ramping up its investment activity recently, having invested in E8 Security, Appcito, and Agent Ace all over the last few months.

Capital 100

Capital Invest Santa Monica Venture Capital 100

socalTECH

MAY 4, 2012

Santa Monica-based Engrade , a developer of online classroom management tools, said today that it has raised $3M in a funding round. The round was led by Rethink Education, and also included NewSchools Venture Fund, Greg Gunn, Zac Zeitlin, and Richard Chino. Engrade says it has more than 4.5 READ MORE>>.

Tool 145

Tool Santa Monica Education Activity 145

socalTECH

JULY 16, 2013

It started around a year ago, as I was driving back from Santa Monica from an event. I thought, it''s great what is going on in Santa Monica, but it''s very hard to be part of the same community, given how far apart the cities are. So, I thought I''d see if there was an interest here to active a community in town.

Pasadena 242

Pasadena Santa Monica CalTech Technical Review 242

socalTECH

JULY 1, 2013

Last week I had the pleasure of spending time at the various Silicon Beach Fest activities in Santa Monica. But overall, the quality of the new companies being funded has improved dramatically. My conclusion: Los Angeles is a serious tech hub. Make no mistake; we still have a long ways to go. Continued.). READ MORE>>.

Los Angeles 170

Los Angeles Angel Santa Monica Activity 170

socalTECH

OCTOBER 18, 2013

in funding for its location-based intelligence software. for Santa Monica-based EdgeCast , $45.9M The most active local investors for the quarter were the Tech Coast Angels , with 12 investments in the quarter; Correlation Ventures , with 10 investments; and Upfront Ventures , which made 9 investments.

Southern California 234

Southern California Orange County Tech Coast Angels Company 234

socalTECH

FEBRUARY 11, 2011

Santa Monica-based venture capital firm Palomar Ventures has re-upped its investment in a security software firm Damballa , which is based in Atlanta, as part of a new $12M funding round for that company. Palomar's Jim Gauer sites on the board of Damballa.

Palomar 145

Palomar Santa Monica Venture Capital Activity 145

Tech Zulu Event

NOVEMBER 9, 2011

Today marks another great day for the LA startup community as one of the city’s prominent mentoring programs , Launchpad LA, received VC funding – for each startup. Congratulations Launchpad LA, and those who have an idea or a company looking for opportunities and one of the best networks to make it grow… apply now.

Venture Capital 74

Venture Capital GRP Partners Funding Idealab 74

socalTECH

JANUARY 31, 2013

It was standing room only at StartEngine 's Demo Day Wednesday afternoon, held at Santa Monica's Cross Campus , as the startup accelerator launched eight of its latest startups into the world, after a 90 day process of mentoring, honing their business model, and heads down development. It's unclear.

Startup 256

Startup Commerce Santa Monica Mentor 256

socalTECH

OCTOBER 13, 2010

Santa Monica-based DailyD , an online operator of a daily, local deals site, has raised $5.0M in a funding round, according to a regulatory filing by the firm. Source of the new funding was not disclosed, however, Jim Simons, a venture capitalist at Split Rock Partners, is listed as a board member of the firm.

Southern California 187

Southern California Santa Monica Venture Capital Sites 187

socalTECH

SEPTEMBER 7, 2011

Santa Monica-based BetterWorks , the employee perks and benefits startup headed by Paige Craig, said Wednesday that it has updated its product, adding new perk discovery features, and advanced ordering of perks. READ MORE>>.

Redpoint 157

Redpoint Santa Monica Los Angeles Activity 157

socalTECH

DECEMBER 27, 2012

The biggest news for Digital LA this year has been creating and spearheading Silicon Beach Fest, LA's first startup entertainment community festival in Santa Monica and Venice in June, 2012. We'll head back to the beach on the first week of summer for a week-long Silicon Beach Fest in Santa Monica June 2013.

Dollar Shave Club 272

Dollar Shave Club Technical Review Santa Monica Southern California 272

Tech Zulu Event

NOVEMBER 9, 2011

Today marks another great day for the LA startup community as one of the city’s prominent mentoring programs , Launchpad LA, received VC funding – for each startup. Congratulations Launchpad LA, and those who have an idea or a company looking for opportunities and one of the best networks to make it grow… apply now.

Venture Capital 65

Venture Capital GRP Partners Funding Idealab 65

socalTECH

JANUARY 31, 2011

Santa Monica-based Demand Media said this morning that it received approximately $77.2M in net proceeds from the firm's IPO last week.

.Net 145

.Net Demand Media Santa Monica 145

socalTECH

DECEMBER 1, 2010

Santa Monica-based FamilyFinds.com , the new daily promotions site headed by former LowerMyBills.com founder Matt Coffin, said today that it has raised $5.75M in a funding round, and has officially entered the online daily deal space. The funding had been uncovered by socalTECH back in October.

Yahoo 145

Yahoo Santa Monica SoCalTech Venture Capital 145

socalTECH

MAY 10, 2018

Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/).

El Segundo 100

El Segundo Southern California Startup Santa Monica 100

socalTECH

JULY 6, 2010

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 The deal totals were significantly boosted in the quarter by activity across Biopharmaceuticals ($247.2M billion in the area in Q2, up slightly from around $1.4 billion in Q2 of last year.

Southern California 195

Southern California Westlake Village Invest Tech Coast Angels 195

socalTECH

OCTOBER 20, 2008

PricewaterhouseCoopers and the National Venture Capital Association released their Q3 2008 venture capital numbers over the weekend, finding that Southern California companies raised nearly $751 in funding during the quarter. The second most active industry was Medical Devices and Equipment, which saw $103.37M in investments.

Southern California 113

Southern California Orange County Funding Report 113

socalTECH

APRIL 5, 2010

billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M

Southern California 160

Southern California Santa Barbara Anthem Redpoint 160

socalTECH

MARCH 27, 2012

Funk- has plenty of experience on the other side of the table as a venture capitalist, having funded such successful SoCal firms as Sandpiper Networks, Rent.com and Shopzilla. My hometown of Santa Monica and the surrounding region have surged onto the national landscape in the past 12 months as a hotbed of startup activity.

Southern California 150

Southern California Capital Santa Monica SoCal 150

socalTECH

OCTOBER 1, 2009

A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. The biggest are for venture activity in the quarter was Biopharmaceuticals, which was $299.13M of the quarterly total.

Southern California 140

Southern California Venture Capital Northridge Tech Coast Angels 140

socalTECH

FEBRUARY 1, 2013

The magazine turned its attention this month towards the Los Angeles innovation and technology economy in a section guest edited by StartEngine co-founder Howard Marks , including a reception held Wednesday evening at the Viceroy in Santa Monica. Big disclaimer: the author and editor was one of the honorees at the event).

Ventura 182

Ventura Santa Monica Idealab High Tech 182

Tech Zulu Event

JUNE 10, 2014

The real estate impact of this activity can probably be traced to the 2011 arrival of Google in the Frank Gehry-designed “binoculars” building on Main Street in Santa Monica. But it was the low-key, creative beach vibe of Venice and Santa Monica that spurred a spate of start-ups to seek offices and homes.

Entertainment 108

Entertainment Santa Monica Journal Belkin 108

Tech Zulu Event

JANUARY 23, 2013

The firm says it will use the new funds to expand its international footprint and continue to grow its existing U.S. and Europe and recently released its real-time on-street parking solution for drivers in Los Angeles and Santa Monica and Austin. Expand Its International Footprint. Problems ParkMe Solves. Asia and Australia.

Santa Monica 83

Santa Monica Equity Invest Funding 83