socalTECH

NOVEMBER 24, 2020

Santa Monica-based Quid , which offers up a way for private company employees to gain liquidity even before their startups are purchased or have an initial public offering, said on Monday that it has raised $320M in a second fund. Quid's service is an alternative to secondary market sales.

Funding 113

Funding Anthem Santa Monica Capital 113

socalTECH

MAY 16, 2014

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.

Truecar 147

Truecar Pricing Arcturus Anthem 147

socalTECH

JULY 9, 2009

Santa Monica-based Zag.com , the online automotive buying firm headed by Scott Painter, announced Thursday that the company has reached an agreement with Mercedes-Benz USA to offer an additional $5000 off pricing of new Mercedes-Benz cars to members of USAA, one of the affinity groups using Zag's auto pricing and purchasing services.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

socalTECH

APRIL 7, 2011

Many local entrepreneurs might know Todd Jerry , formerly a venture capitalist at Anthem Venture Partners. Todd has a unique view, having worked both on the venture and high technology investing side at Anthem, as well as the architecture and construction industry now. First, explain what your company is all about?

Santa Monica 190

Santa Monica Venture Capital Anthem Design 190

Both Sides of the Table

JUNE 18, 2010

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. An investment doesn’t guarantee your product will suddenly be on the investor’s price sheet. DST invested $180mm last fall.

Venture Capital 225

Venture Capital Google Web Sites 225

Both Sides of the Table

JUNE 3, 2010

And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Mobile gifting service. Company still in beta. LibreDigital.

Venture Capital 214

Venture Capital Startup Design S3 214

socalTECH

FEBRUARY 16, 2012

We spoke with Dale Quayle , the firm's CEO, about the funding and company. Is this a mobile application, web service, or how does it work? How is this different than other online file storage and backup services? The natural verticals are financial services, healthcare, anyone who needs regulatory compliance.

EC2 150

EC2 Los Angeles Web Anthem 150