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BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M. TeleSign was venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp. READ MORE>>.
” For startups entering program they receive investment capital, access to coworking space at Disney’s creative campus and mentor support and guidance from top Disney executives, entrepreneurs, investors and other notable business leaders from the entertainment and technology communities, and have a Demo Day at the campus.
Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Read More.
San Diego-based TabJuice , a new startup aimed at social e-commerce, said today it has launched a new, Facebook e-commerce application. Christopher Capital, and headed by Dylan Whitman, who also heads up CheapSally.com and digital marketing agency Flank Digital. The firm is backed by J.
E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. We became aware of the lack of physical workspace for SMBs engaged in commerce,” Scriven told TechCrunch. “If
As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. .” “The third piece is a developer ecosystem,” Evans said.
Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Investors: FirstMark Capital (Amish Jani)(lead), with existing investors: Accel Partners, Bessemer Venture Partners, First Round Capital, Reid Hoffman. Online peer-to-peer lending. 14.7mm in Series D.
San Diego-based Global Village Concerns , which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. The funding came from Agility Capital, a provider of venture debt to startups and other high tech companies.
New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Squarespace founder & CEO Anthony Casalena said the fresh capital will advance the company’s growth initiatives and help it scale its product suite. Rowe Price Associates, Inc.
Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.
Los Angeles-based e-commerce platform developer Boosted Commerce says it has hired Steve Oliver, the former CEO of e-commerce startup Hollar as its new President. According to Boosted Commerce, Oliver will be responsible for managing the company's portfolio of acquired brands.
San Diego-based pet supply retailer Petco has named Darren MacDonald as the company's new Chief Digital and Innovation Officer, according to the company, to head up its e-commerce, app, prescription fulfillment, as well as employer wellness benefits offerings.
Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel. Atar Capital is led by founder and Managing Partner Cyrus Nikou. Microcel represents such vendors as GoalZero, Polk, Belkin, fitbit and Logitech, and was founded in 1989. READ MORE>>.
Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon. According to Tapcart, the funding was led by Left Lane Capital, and also included Shopify, SignalFire, Greycroft, Act One Ventures, and Amplify LA.
Los Angeles-based Sidevision (www.sidevision.com) has developed a set of tools--aimed at content creators, multi-channel networks (MCNs), and others--to help connect online videos with e-commerce. We are letting those companies capitalize on that growth. as part of that company''s Warner Media Camp accelerator.
Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificial intelligence and mobile, articulated robots for the logistics industry. READ MORE>>.
We spoke with Ann Wang , co-founder of Enrou, to learn more about how the company wants to help tie together the world of e-commerce and worthy causes to help improve the world. They were doing great work, but they had no e-commerce or marketing team to get them out there. What is Enrou? How do you work with those organizations?
Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M in a Series B funding round. The funding was led by private equity firm NewSpring Growth. The company is also backed by Neiman Marcus. FASHIONPHILE was founded in 1999.
Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. Colo co-founded the firm with Dave Leyrer (Nexus Group, Boulevard Capital Management) and Kerry Kellogg (RSE Ventures).
According to Lumi, the funding round was led by Spark Capital, Forerunner Ventures, and Homebrew. The company helps manage manufacturing of custom boxes and other packaging for e-commerce and other brands, using a network of suppliers. Lumi was founded by Jesse Genet and Stephan Ango. READ MORE>>.
Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.
Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.
San Diego-based Miva , the developer of e-commerce shopping cart software, has received a growth capital funding from private equity investor Bison Capital Partners, the companies said this week. Miva said that the investment is the first time in its history that it has accepted growth capital funding.
Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Serena Williams’ next act in venture capital is essential in this moment.
Irvine-based SmartLabs , the parent company of smart home controller brand Insteon and home automation e-commerce site Smarthome , has been acquired by private investment firm Richmond Capital Partners. Financial terms of the acquisition were not announced, however, Richmond Capital Partners said it is investing $7.3M
The new funding was led by Glade Brook Capital Partners, with participation from GV, Tao Invest, Finistere Ventures and Rich’s, as well as previous investors Benchmark Partners, Index Ventures, S2G, DNS Capital and Obvious Ventures. That’s a meaningful increase in our addressable market.” ” Good Eggs CEO Bentley Hall.
San Diego-based GovX , which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. annd Arbor Group, along with Star Avenue Capital, Seth Hamot (SPY Optic and Roark, Rearden & Hamot Capital Management), and Philip McConkey. in combined Series A and B funding. READ MORE>>.
Los Angeles-based Dollar Shave Club , the subscription e-commerce startup led by Michael Dubin, has raised $50M in a Series C funding round, the company disclosed this morning. delivery dollarshave capital venture razor ecommerce subscription club shave dollar' The funding came from Technology Crossover Ventures. in total funding.
Rakuten , the Japanese e-commmerce giant which owns Aliso Viejo-based e-commerce site Buy.com , has just grabbed a stake in up-and-coming Internet sharing site Pinterest , according to reports today. The Wall Street Journal reports the round values the startup at $1.5 READ MORE>>.
Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”
Since it launched in 2015 it has expanded into adjacent categories and become one of the biggest retailers of the current e-commerce craze. “As GOAT continues to grow its core business and expand into new categories, it is rapidly emerging as one of the best positioned next generation global e-commerce platforms.”
Los Angeles-based technology investor Siemer Ventures has funded an investment firm in Southeast Asia, which is looking to invest in and create e-commerce and digital media companies in the Southeast Asia region. siemer ventures venture capital incubator accelerator hong kong southeast asia asian' READ MORE>>.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry. READ MORE>>.
Los Angeles-based private equity investor Aurora Capital Group has sold Chicago-based Market Track , a provider of advertising, e-commerce, brand protection, and other information to retailers, brands, manufacturers, and others, to private equity buyer Vista Equity Partners. Aurora Capital acquired Market Track five years ago.
Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Bohnett is the founder of Geocities.com. READ MORE>>.
The firm--which is backed by ABS Capital Partners, said that Laura Christine is its EVP Consumer Group; Jennifer Jordan its VP of Finance; John P. O'Loughlin is VP Human Resources; Lewis Chang VP of E-Commerce and Marketing; Billy Crotty as SVP Global Operations; and Rick Foukes is VP Coatings Engineering.
Los Angeles-based Steelhouse , a provider of behavioral targeting technology for e-commerce sites, has raised $3.8M Other investors in the firm include Baroda Ventures, the venture capital arm of former Geocities founder Dave Bohnett. in a funding round, according to a regulatory filing from the firm Tuesday.
The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. billion valuation from Lone Pine Capital, Sequoia, Forerunner Ventures and others.
San Luise Obispo-based Shopatron , the developer of e-commerce software for brand manufacturers, reports today that it added a total of 85 new clients in the sporting goods industry during 2011. Shopatron is venture backed by Kern Whelan Capital and Rivenrock Capital. READ MORE>>.
Los Angeles-based Retention Science , the developer of big data analytics software for online marketing, announced today that it has launched a new "Retention Score", which it bills as a Klout Score of e-commerce. The score allows online stores to see, at a glance, what their performance is with customer retention. READ MORE>>.
Los Angeles seems to be cementing itself in as the capital of celebrity and e-commerce, with the latest deal being Moonfrye , a new, "celebrity mom" startup featuring Soleil Moon Frye, best known to the rest of us as Punky Brewster. capital venture frye moon soleil brewster punky ecommerce celebrity moonfrye' READ MORE>>.
San Diego-based e-commerce software developer Ecwid said this morning that it has closed a $5M, Series B funding round. According to Ecwid, the funding was led by iTech Capital, and also included Runa Capital. Ecwid said that Gleb Davidyuk of iTech Capital joins the company''s board with the funding. READ MORE>>.
Indix has a giant database of detailed specifications and details of all kinds of products, which are used by e-commerce providers, retailers, brands, and other customers for selling their products. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures.
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