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Monrovia-based Green Dot , the provider of prepaid debit cards, has set pricing on its IPO, saying in a filing Friday that it estimates and initial public offering price of between $32.00 Green Dot filed for an IPO in February, and is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angeles. and $35.00
Angel investing group the Tech Coast Angels has officially announced its new investment fund, the ACE Fund , as the group has begun to broaden out its investments strategy. Tags: tech coast angels fund angel venture capital investment.
However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ). READ MORE>>.
Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.
Monrovia-based Green Dot , a provider of pre-paid VISA and Mastercard cards, has filed for an IPO, saying this morning that it is looking to raise up to $150M in an IPO on the NYSE. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels.
Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The reception for Green Dot means that Steven Streit, Green Dot's CEO and founder, now owns a stake worth roughly $218M; Sequoia Capital, the firm's biggest investor, now has shares worth around $532M on the market. READ MORE>>.
Good Eggs , an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M in a funding round from Sequoia Capital, the company said Thursday. good eggs venture capital grocery local delivery sustainable farmer' READ MORE>>.
Monrovia-based Ondax , a manufacturer of volume holographic grating filters and lasers, said Tuesday that it has officially closed its $2.2M, Series E funding round. The round was led by Prospector Equity Capital and Arcturus Capital, and also included the Pasadena Angels and Tech Coast Angels. READ MORE>>.
Steve Streit , the founder of Monrovia, California-based Green Dot , which provides prepaid debit cards and other products, has been tapped for a national award recognizing entrepreneurs. Green Dot was backed by Sequoia Capital and the Tech Coast Angels, and has been the best return, ever, for the Tech Coast Angels.
Monrovia-based Soliant Energy , which develops concentrating photovoltaic solar energy systems, said today that the firm's flagship product, the SE-500X, has received UL listing from Underwriters Laboratories. READ MORE>>.
Monrovia-based Green Dot , the provider of prepaid debit cards, priced its IPO at $36.00 The firm is backed by Sequoia Capital, the Tech Coast Angels, TTP Fund, and the Tech Coast Angels. The IPO also represents the most successful exit to date for the Tech Coast Angels, which seeded Green Dot. and UBS Securities.
Monrovia-based Green Dot , the provider of prepaid credit cards which hit the markets this morning in its IPO, is up in early trading this morning on the NYSE. The firm is backed by Sequoia Capital, the Tech Coast Angels, TTP Fund, and the Tech Coast Angels. so far this morning. The IPO was underwritten by J.P.
Los Angeles-based venture firm GRP Partners is backing a prepaid card firm, Wave Crest Holdings Limited , based in Gibraltar. Wave Crest looks to be in the same, prepaid payment card sector as Monrovia-based Green Dot, which is expected to hit the public markets very soon in its IPO. According to Wave Crest today, it raised $8.5M
Monrovia, California-based Green Dot , the provider of prepaid debit cards run by Steve Streit, reported in an updated S-1 filing with the SEC this week that it has issued 2,208,552 shares of its Class A stock to Walmart, as part of a renewed distribution deal with the retail giant signed in May. on operating revenues of $92.8M READ MORE>>.
In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Green Dot is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angels. and $35.00 per share, and will list on the NYSE at GDOT.
It's unclear if or how any of Southern California's crop of alternative vehicle firms will be able to capitalize on the interest in electric vehicles, however, it's clear that Silicon Valley does not have a monopoly on firms looking to address the emerging electric and alternative car market.
Monrovia-based prepaid card provider Green Dot was being battered in the markets this morning, after Walmart and American Express announced a deal to create a new, prepaid card called Bluebird. Walmart and Amex said the new, reloadable prepaid card will have no monthly, annual, or overdraft fees and be distributed via Walmart's stores.
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