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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

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Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

TechCrunch LA

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps , which raised $5.8 Co-founded by former ServiceTitan devel.

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Silvus Gets $1M DARPA Award For RF Spectrum Scanning

socalTECH

Los angeles-based Silvus Technologies, a startup developing radio frequency (RF) spectrum scanning technology, has scored $1M from a Phase Three DARPA contract, the company said today. Silvus said its technology provides "extremely fast" spectrum scanning in a form factor the size of an iPhone.

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Cartwheel Collects $1M From Portillo's, Others For On-Demand Delivery

socalTECH

Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.

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DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech

TechCrunch LA

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. Through FLIR’s Infrared Training Center, FLIR and DroneBase will develop a specialized training program that will be certified exclusively by DroneBase.

Training 147
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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. And in most cases they are not ready to hire developers either. Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that?

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