Venture Capital is About Human Capital

Both Sides of the Table

Fundamentally venture capital is about human capital. In the end I know the only true differentiator in venture capital is the company you keep. Venture Capital is a people business.

Growth Capital Conference

SoCal Tech Calendar

Thursday, October 25, 2018 -- Growth Capital Conference. Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp! See p://www.GCC2000.org.

FactoryFour Raises $5M in Venture Capital Funding

L.A. Business Journal

based venture capital firm August Capital, with participation from Refactor Capital Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based

ServiceTitan Secures $165M From Venture Capital Group to Expand

L.A. Business Journal

has secured $165 million in funding from a venture capital group to build out its home services software firm through acquisitions and moves into new markets Glendale-based ServiceTitan Inc.

Casa Verde Capital Raises $45M Investment Fund

socalTECH

West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

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Moonshots Capital Announced First Seed Stage Fund

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Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata. startup entrepreneur financial investment army cummings craig military perdew kelly venture capital moonshots

Bad Notes on Venture Capital

Both Sides of the Table

On the phone … Me: So, you raised venture capital? ’ But do you want to start a relationship with your most important supplier – that of capital to fuel your business – by avoiding talking about his or her expectations in terms of rights or privileges? How about you close your first capital (say $500,000) and put in the docs that you have up to [90] days to raise an additional $1 million at the same price at your discretion. This week.

Michael Jordan, Declaration Capital Invest in Axiomatic

L.A. Business Journal

Former Chicago Bulls star and owner of NBA team the Charlotte Hornets Michael Jordan invested in Axiomatic E-sports alongside Declaration Capital, the investing office of Washington, D.C.-based based Carlyle Group co-founder David Rubenstein

March Capital Leads $13.6M Round In ioTium

socalTECH

Los Angeles-based venture capital investor March Capital is the lead investor in a Series B funding round for software-defined, converged infrastructure startup ioTium. in a Series B funding, which it says was led by March Capital Partners, and also included Honeywell Ventures, John Chambers' JC2 Ventures and Hanna Ventures plus GE Ventures and Juniper Ventures. March Capital Partners' investment in ioTium was led by Managing Director Sumant Mandal.

Growth Capital Conference

SoCal Tech Calendar

Thursday, April 26, 2018 -- Network with capital sources: Angels,VCs,High Net Worths,advisors and 100 entrepreneurs seeking capital and counsel. See [link] (more

Clearlake Capital's Perforce Buys Perfecto Mobile

socalTECH

One of the portfolio companies of Santa Monica-based private equity investor Clearlake Capital Group , Minneapolis-based Perforce Software , has acquired cloud testing software developer Perfecto Mobile. Perforce Software is a developer of software tools used by development teams to manage source code and development efforts; Clearlake Capital acquired Perforce Software in January, from another private equity investor, Summit Partners.

Changes in the Venture Capital Funding Environment

Both Sides of the Table

There was an explosion in number of startups both because it was cheap and there was tons of available capital. Be thoughtful about from whom you raise capital.

Core Innovation Capital Announces $100M In Second Venture Capital Fund

socalTECH

Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. Core Innovation Capital says it has also invested in a couple of yet-unannounced companies, which are in stealth mode. The venture capital investor says it currently is hiring a full time intern for the Summer, to work at the company either in San Francisco or Los Angeles.

Lowercase Capital

Tech.Co

At Lowercase Capital, we invest in startups, acquire later stage companies, and advise businesses and funds of all sizes on strategy and execution.

Clearlake Capital Backs Diligent

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group, L.P. According to the companies, Clearlake Capital Group made a strategic minority investment in Diligent, which is owned by another private equity investment firm, Insight Venture Partners. strategic capital venture board cloud software ventures insight equity private diligent clearlakehas made an investment in New York-based Diligent , a developer of enterprise governance management software.

Clearlake Capital Acquires Provation

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Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. documentation healthcare software acquisition merger investor investment equity private capital clearlake provation

Vereco Acquired By Stella Point Capital

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Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. vereco stella point capital healthcare hospital document management private equity health lifescience outsourcing

Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

It was only a year ago that many in the Venture Capital industry were predicting that “winter was coming” and to be fair the author of this post was chief amongst them. billion in venture capital funds with one A-round fund and one late-stage fund. startup venture-capital

Diversis Capital Sells Portfolio Firm

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Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. diversis capital blue merger acquisition esko private equityFinancial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago. Esko is owned by Danaher, and develops software and hardware for package design.

OpenGate Capital Acquires Mersive

socalTECH

Los Angeles-based private equity investor OpenGate Capital has acquired Denver-based collaboration software developer Mersive , OpenGate said this mroning. opengate capital mersive merger acquisition collaboration meeting software display monitorFinancial details of the acquisition were not announced. Mersive develops software used for collaboration and meetings, based on both laptops and mobile devices as well as immersive in-room displays.

Core Innovation Capital Backs Decent

socalTECH

Los Angeles-based fintech investor Core Innovation Capital is one of the investors in a new startup, which is combining healthcare software with crytocurrency tools. core innovation capital decent fintech financial blockchain crpto cryptocurrency

Growth Capital Conference

SoCal Tech Calendar

Thursday, October 26, 2017 -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAY showcases growing firms needing capital and counse. View products, videos, online demos. See [link] (more

Growth Capital Conference

SoCal Tech Calendar

Thursday, October 27, 2016 -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAY showcases growing firms needing capital. View products, online demos. See [link] (more

OnShift Gets Investment From Santa Monica's Clearlake Capital

socalTECH

Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift , a developer of human capital management software for the long-term, post-acute care market. According to OnShift, the funding also included Ziegler Link-Age Fund II, a private equity investor focused on the post-actue and aging marketplace, plus an existin investor, Health Velocity Capital.

No Pipeline Problem: Backstage Capital’s Detroit Plans Spark Excitement

Xconomy

In September, Backstage Capital , a venture investment firm seeding early-stage startups led by women, people of color, and members of the LGBTQ community, launched a $36 million fund to help support black women founders. ProjectDiane representation Sola Travel startups TechTown Detroit Valeska Toro VC Venture Capital Venture Catalysts

Mucker Capital

Tech.Co

Mucker Capital invests in seed and “pre-seed” stage companies building defensible and scalable businesses in Internet software, services and media

Toba Capital Leads Investment In Skupos

socalTECH

Toba Capital , the investment firm founded by former Quest Software founder Vinny Smith, is the lead investor in a $6.4M, Series A funding for San Francisco-based Skupos. Skupos said its Series A was led by Toba Capital, and also included Dynamo Fund, Loup Ventures, and other existing investors. Toba Capital's investment in Skupos was led by Patrick Mathieson. Toba Capital is based in Newport Beach. smith vinny capital venture skupos toba

Venture Capital Q&A Session

Both Sides of the Table

We received so much positive feedback from our This Week in Venture Capital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about.

UCLA Pulls Commitments From Binary Capital

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UCLA , a limited partner in venture capital investment fund Binary Capital , has pulled its committment to the venture fund over the weekend, after Managing Director Justin Caldbeck was accused of unwanted advances towards women. UCLA had been one of the venture capital fund's first investors. ucla binary capital limited partner venture sexual harassment

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Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

Recently Upfront Ventures published its outlook for the technology startup world and venture capital overall titled it “ WTF Happened to Winter ?” venture-capital startup

Clearlake Capital Acquires NetDocuments

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has acquired NetDocuments , a provider of cloud-based document management, email management, and collaboration software for law firms and corporate legal and compliance customers. Clearlake Capital said the company will continue to be led by Matt Duncan, CEO, and Alvin Tedjamulia, CTO. clearlake capital netdocuments merger acquisition document cloud management legal

Growth Capital Conference

SoCal Tech Calendar

Thursday, July 27, 2017 -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00 AM sharp! See [link] (more

Shamrock Capital Sells RBmedia To KKR

socalTECH

Los Angeles-based private equity investor Shamrock Capital announced on Friday that it has sold one of its portfolio companies, RBmedia , to another private equity company, KKR. shamrock capital rbmedia merger acquisition streaming audio books audiobooks content private equityFinancial details of the deal were not announced. RBmedia is a publisher of audiobooks, and is based in Landover, Maryland.

Shamrock Capital Backs Pixellot In $30M Funding

socalTECH

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. shamrock capital pixellot venture artificial intelligence sports video editing automated

MTech Capital Raises $75M Insurance Technology Fund

socalTECH

Los Angeles- and London-based MTech Capital , a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. According to MTech Capital, the new fund has three anchor investors, including CNA Financial Corporation, NN Group, and a top-3 global insurance company. mtech capital insurance technology insuretech investment fintech venture fund finance