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The Trade Desk Launches Venture Capital Arm, Makes First Investment

socalTECH

Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The first investment made by the fund is Chalice, a developer of algorithmic ad optimization software.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Daryl Bernstein , RightSignature (Santa Barbara, software). Dev Bhatia , SRCH2 (Irvine, search engine software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Tim Cadogan , OpenX (Pasadena, advertising). Asher Delug , Airpush (Los Angeles, advertising).

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The Trade Desk Quietly Pushes Past $200M In Revenues

socalTECH

Ventura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk , the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region.

Ventura 100
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The Trade Desk Raises $125M In Credit Facility

socalTECH

Ventura, California-based The Trade Desk , the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The companysaid that it will use the new funding for global expansion initiatives and for working capital. The revolving credit facility was led by Citibank N.A.,

Ventura 100
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Ebyline Raises $5.0M

socalTECH

Ebyline was founded by Bill Momary, a former Advertising VP at the Ventura County Star, and Allen Narcisse, who has previously served at the LA Times, among other companies. Details on the funding have not yet been announced by the company. Ebyline has previously raised funding from E.W. Scripps Company. READ MORE>>.