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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Core Innovation Capital. Okapi Ventures. Fund size: $60M (Okapi Ventures III) Managing Directors: Marc Averitt, Sharon Stevenson, Jeff Bocan, John Waller Investment interests: Seed and early-stage companies in the technology and healthcare IT sectors and has also invested in medical device and medical diagnostic startups.

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Stage Venture Partners Moves Into InvestCloud Innovation Center

socalTECH

Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.

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TrackStreet Takes $5.1M For Brand Protection

socalTECH

According to the company, the round--a Seed-2 funding--was led by Okapi Capital, and also included The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others. The founder and CEO of TrackStreet is Andrew Schydlowsky.

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SoCal's Big New Crop Of Venture Investors And Funds

socalTECH

Are you an entrepreneur, looking for capital here in Southern California? Here's a rundown of some of the venture capital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year. Fika Ventures. Moonshots Capital. Let us know!

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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

The seed funding was led by Okapi Capital, and also included Stage Venture Partners, SaaS Capital, and angels. According to the company, the new funds go towards further development of its artificial intelligence technology, and to extend its platform and for market efforts.

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Dray Alliance Finds $10.2M More

socalTECH

The funding was led by Matrix Partners, and also included Moving Capital, Craft Ventures, Act One Ventures, and Wonder Ventures. The funding brings the company's total raised to $14.7M, including an earlier seed funding the company raised a year ago from Craft Ventures. READ MORE>>.

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Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns.