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Santa Barbara Investors Back Solvvy

socalTECH

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

Santa Barbara-based Theta Lake , a developer of security and compliance software which connects with Cisco Webex, Microsoft Teams, RingCentral, Zoom and other collaboration platforms, has raised $12.7M in a Series A funding. As part of the funding, Lightspeed's Arif Janmohamed joins the company's board. READ MORE>>.

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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.

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Local Market Launch Scores $1.5M

socalTECH

Santa Barbara-based Local Market Launch , a new startup founded by former ValueClick founder Brian Coryat, said Tuesday that it has raised $1.5M in a Series A funding round. in funding, including an earlier seed funding. Coryat has also been an angel investor in recent years in local startups.

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TCA Stresses Mixers, New Website

socalTECH

The Tech Coast Angels is stressing its mixer program, seed investment efforts, and a new website, as it kicks off a 2010 program, according to the angel investing group. The group also said it is focusing on its SeedTrack program, which is specifically focused on seed stage funding and extensive mentoring.

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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? It’s just now that we’re Seed Investors. Capital is a lot less patient at scale.

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Brian Garrett, Crosscut Ventures, On Mental Health And Investing In Founders

socalTECH

This week, Los Angeles-based Crosscut Ventures announced a brand new effort to provide health and wellness to the founders of companies it invests in, helping those founders with well being, mental health, stress management, coaching, and leadership development. I think the bulk of the capital is Silicon Valley, Series A money.

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