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Surf Air Raises $73M, Orders 15 New Planes

socalTECH

Santa Monica-based Surf Air , the membership-based airline which has been serving Silicon Beach, is in a major expansion, saying that it has ordered 15 new planes--with an option on another 50--and raised $73M in debt and equity. The company said it now has over 900 members. surf venture capital airline startup membership expansion'

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VideoAmp Raises $2.2M For Video Advertising Platform

socalTECH

in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital. The company says it already has more than 20 engineers in its Los Angeles offices. videoamp video advertising venture capital ross mccray' READ MORE>>.

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TrueCar Prices IPO

socalTECH

The pricing was below the company''s earlier, estimated IPO range of $12.00 The company raised around $71.1M TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others.

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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

Yet despite his ability to raise over $1 billion of private equity and to build an organization that is worth $5 billion as of this writing, Mason was shown the door. What is the company’s use of proceeds? What is the company’s use of proceeds? What is your exit strategy?

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Zag Raises $11.1M More

socalTECH

in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. Source and details on the funding have not yet been announced by the company. The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. READ MORE>>.

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