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.

Anthos Capital and NBA All-Star Baron Davis back LA-based college tuition savings service, UNest

TechCrunch LA

The business attracted interest from Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon and Unlock Ventures initially, and the company has now added Anthos Capital to its roster of investors.

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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund.

Century Park Capital Recaps Accelapha

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Los Angeles-based private equity investor Century Park Capital Partners said this week that it has completed a majority recapitalization of business and IT consulting services company Accelalpha. According to Century Park Capital Partners, the combined company will continue to be led by Accelalpha founder and CEO, Nat Ganesh. accelalpha century park capital private equity merger acquisitino recapitalization recap prolog partners

Growth Capital Conference

SoCal Tech Calendar

Thursday, January 30, 2020 -- Growth Capital Conference. Pitch to and 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 [link].

Vantage Data Centers Gets Backing From Colony Capital

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Datacenter operator Vantage Data Centers is getting the backing from Los Angeles private equity investor Colony Capital , which the two said is worth $3.5 vantage data centers colony capital private equity investment venture datacenterbillion, to accelerate the expansion of Vantage's wholesale data centers through North America and Europe. According to the two companies, Colony's investor group will invest $1.2

Palisades Growth Capital Sells Stake In Docupace

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Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital. Docupace is led by CEO Mark Tapling; the company also is backed by San Diego-based TVC Capital.

Video Interview: Noramay Cadena, MiLA Capital

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Our video interview today is with Noramay Cadena , a venture capitalist and partner at MiLA Capital , a seed and incubation stage investor based in Los Angeles. noramay cadena mila capital venture investment hardware electronics

OpenGate Capital Sells Power Partners

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Los Angeles-based private equity investor OpenGate Capital said this morning that it has sold one of its portfolio companies, Power Partners , to another private equity-backed company, Pioneer Transformers. Pioneer Transformers is backed by private equity investor Mill Point Capital. According to OpenGate Capital, it acquired Power Partners in January of 2016, via its first, institutional fund.

OpenGate Capital Buys CoreMedia AG

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Los Angeles-based private equity investor OpenGate Capital announced very late Monday evening that it has acquired the majority interest in CoreMedia AG , a developer of content management software. According to OpenGate Capital, it acquired CoreMedia AG from Deutsche Telekom Capital Partners and a consortium of private investors. OpenGate Capital said the acquisition was out of its second, institutional fund, which is worth approximately $585M.

Skyview Capital Buys Fidelis Cybersecurity

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Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Skyview Capital says that Fidelis has over 250 employees. Skyview Capital says it acquires and manages companies in the areas of technology, telecommunications, business services, and manufacturing.

Atar Capital Buys Keypoint Intelligence

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Los Angeles-based private equity investor Atar Capital has acquired New Jersey-based Keypoint Intelligence , Atar Capital said on Thursday. Atar Capital said that Keypoint Intelligence is based in Fairfield, NJ, and also has offices in the United Kingdom, Hong Kong and Japan. Atar Capital says it makes investments in both performing and underperforming lower middle market businesses.

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.

Clearlake Capital Buys symplr

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Santa Monica-based private equity investor Clearlake Capital Group has acquired Houston, Texas-based symplr , a provider of healthcare governance, risk, and compliance software. Clearlake acquired symplr from its existing set of private equity investors, Pamlico Capital and The CapStreet Group. SkyKnight Capital co-invested in the transaction with Clearlake, which financed the deal via Antares Capital, Bain Capital Credit and Golub Capital.

Growth Capital Conference

SoCal Tech Calendar

Thursday, July 25, 2019 -- Pitch to and Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital and counsel. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp! See [link] (more

Wondering if venture capital is open for business? A new initiative has investors saying yes

TechCrunch LA

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19.

OpenGate Capital Acquires InRule Technology

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Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. According to OpenGate Capital, it obtained a majority interest in InRule, the fifth investment through its second institutional fund. management support decision software equity private acquisition merger technology inrule capital opengate

Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out.

MiLA Capital Raises First Venture Fund

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MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Source of the funding for the new venture capital fund was not announced. mila capital venture investment investor hardware accelerator

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.

Thin Line Capital Launches New Energy, Sustainability Fund

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Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. According to Fyke, Thin Line Capital is looking to capitalize on the "second wave" of cleantech investing, taking advantage of much of the progress in clean tech investments which--unlike the first wave--are a better fit for venture capital investors.

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 Buys Dude Solutions

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Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. Clearlake said the deal was financed by Monroe Capital, with participation from BlackRock, Owl Rock, and Vista Credit. clearlake capital operations management software merger acquisition dude solutions

Arrowroot Capital Gets Exit At Evergage

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Santa Monica-based investor Arrowroot Capital , headed by Matthew Safaii, has scored a win with the acquisition of one of its portfolio companies, Evergage , by Salesforce. and had raised $26M in funding from Arrowroot Capital, G20 Ventures, and Point Judith Ventures. arrowroot capital evergage merger acquisition exit personalization software saas

Growth Capital Conference

SoCal Tech Calendar

Thursday, January 31, 2019 -- Growth Capital Conference. Pitch to and 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. See [link].

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

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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.

Meet Bespoke Financial, a lender for cannabis companies backed by Snoop Dogg’s Casa Verde Capital

TechCrunch LA

And it’s why the company has raised $7 million in financing led by Casa Verde Capital — the investment firm launched by legendary cannabis aficionado, Calvin Broadus (AKA Snoop Dogg). It’s backed by around $200 million in venture capital and debt financing. .

Casa Verde Capital Raises $45M Investment Fund

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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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JibJab Acquired By Catapult Capital

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Los Angeles-based JibJab , which provides animated, personalized greeting cards and other social content, has been acquired by private equity investor Catapult Capital LLC , Catapult Capital announced this morning. As part of the deal, Catapult Capital said that JibJab COO Paul Hanges has been promoted to CEO, and will lead the company under its new ownership. Cloud Capital, with Catapult being advised by Reed Smith LLP in the deal.

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

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Clearlake Capital Backs Diligent

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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.

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.

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

Toba Capital Leads $4.95M Investment In Clear Skye

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Newport Beach-based Toba Capital , the venture investment firm founded by Vinny Smith, is the lead investor in Emeryville, California-based Clear Skye , a developer of identity governance and administration software. According to Clear Skye, it raised $4.95M in a Series A funding round, which was led by Toba Capital, and also included Inner Loop Capital and ServiceNow Ventures. toba capital clear skye identity governance adminsitration venture vinny smith clearskye

A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. “We’re Others believe that new business models are emerging that could replace venture capital all together.

OpenGate Capital Acquires Mersive

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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.

Mucker Capital Adds New General Partner

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Santa Monica-based venture capital investor Mucker Capital has added a third general partner to the firm, Omar Hamoui , the company disclosed on Monday. Hamoui was previously a partner at Sequoia Capital. Hamoui joins existing General Partners Erik Rannala and William Hsu in managing the venture capital investment firm. Mucker Capital has a large portfolio of companies, and most recently saw a huge exit in Honey , which was recently acquired by PayPal for $4 billion.

Moonshots Capital Leads Investment In Backtracks

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Los Angeles-based venture investor Moonshots Capital is the lead investor in a new startup, Backtracks , a developer of podcast analytics software. in a seed funding round, which was led by Moonshots Capital, and also included Capital Factory, Sputnik ATX, Next Coast Ventures, Bull Creek Capital, and BNSG Capital. As a part of the funding round, Kelly Perdew, Managing General Partner of Moonshots Capital, will join the board at Backtracks.

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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.

OpenGate Capital Acquires Delaney Hardware Company

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Los Angeles-based private equity investor OpenGate Capital has made another acquisition this morning, via its portfolio company, Sargent and Greenleaf. According to OpenGate Capital, Sargent and Greenleaf, which develops high security locks, has acquired Delaney Hardware Company , a provider of security related hardware products. According to OpenGate Capital, the acquisition will help it drive greater scale for the combined businesses.

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

Report: Strong Q1 2020 In Venture Capital, But Downturn Expected

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The National Venture Capital Association (NVCA) says that Q1 2020 venture capital investments had a "strong showing" in Q1, however, it expects that the impending economic downturn due to the COVID-19 pandemic will slow activity through the rest of the year. billion invested across 2,298 deals in the first quarter of 2020, partially as a result of "record-high" levels of capital raised by VC funds in 2018 and 2019. nvca venture capital pandemic covid19 quarterly investments

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