Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

TechCrunch LA

SEPTEMBER 13, 2021

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

APRIL 12, 2017

Fullerton-based Digsy has rolled out a new, sales software platform specifically aimed at helping commercial real estate brokers better manage their sales teams. The company said it has users at such companies as CBRE, JLL, Cushman & Wakefield, Colliers International, NAI Capital, Sandler Sales Training and others.

Sales 124

Sales Tech Coast Angels Software Training 124

socalTECH

JANUARY 19, 2018

Los Angeles-based expense and invoice management software developer Chrome River said on Thursday that it has had another year of record revenues and sales growth. The company--which did not release any of its financials-said it grew its revenues by more than 32 percent year-over-year. READ MORE>>.

Sales 113

Sales Software Development Los Angeles Software 113

socalTECH

MARCH 19, 2013

Los Angeles based Leads360 , the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better assign and drive leads and sales followups. Leads360 is led by Nick Hedges; the firm is venture backed by Rustic Canyon Partners and Volition Capital.

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Rustic Canyon Sales Los Angeles Pricing 193

socalTECH

OCTOBER 2, 2020

According to the company, it has increased the number of directors on its boards from five to six, and added Christopher Lytle to the board. The company had previously attempted to split its wireless device and IoT business, but had its plans quashed by inability to receive government approval for the sale to an overseas investor.

SaaS 113

SaaS San Diego Sales Product 113

socalTECH

NOVEMBER 20, 2013

Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The startup--which is led by PayPal veteran Erik M.

Software Review 235

Software Review Funding Draper SaaS 235

socalTECH

NOVEMBER 8, 2017

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. READ MORE>>.

Commerce 124

Commerce Artificial Inteligence Seed Funding Santa Barbara 124

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how Of course we can’t.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

JULY 22, 2020

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. in a funding round.

Artificial Inteligence 124

Artificial Inteligence Santa Barbara SaaS Venture Capital 124

socalTECH

JUNE 19, 2013

Sales automation software developer Leads360 said Wednesday that it has renamed the firm to Velocify , saying the new name better reflects its focus on "high-velocity" sales environments. The firm said its product is being used by companies such as Allstate, Royal Bank of Scotland, USAA, Nationstar Mortgage and State Farm.

Rustic Canyon 164

Rustic Canyon SaaS Sales Software Development 164

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M READ MORE>>.

Capital 157

Capital San Diego Equity Software 157

TechCrunch LA

OCTOBER 5, 2020

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Tech Zulu Event

MAY 28, 2013

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise.

SaaS 92

SaaS Cloud Computing CIO Web 92

socalTECH

FEBRUARY 28, 2014

Dave Barrett of Polaris has joined the company''s board. The company said the new funding will go towards product development, sales, and marketing activities. amplifyla amplify accelerator capital venture software saas cloud enterprise bitium' Bitium''s software is used for managing software-as-a-service apps.

Software 153

Software Santa Monica SaaS Venture Capital 153

socalTECH

MAY 19, 2014

Incentive is led by Rickard Hansson; the company''s software offers up activity streams, wikis, blogs, and other social apps for companies, which operates behind a company''s firewall or in a private cloud. The company said it plans to double its sales force in the U.S. this year, along with expansion in Sweden.

SaaS 153

SaaS Venture Capital Blogging Los Angeles 153

socalTECH

JANUARY 21, 2014

in a growth capital financing. The company--which develops cloud-based, medical office software--said the funding was led by Greenspring Associates, and also included OpenView Ventures and Silicon Valley Bank. The company said it will use the funding for sales, marketing, and to enhance its software. READ MORE>>.

Software 153

Software Southern California SaaS Venture Capital 153

socalTECH

MARCH 26, 2015

Los Angeles-based ChowNow , the developer of online ordering and marketing systems for the restaurant market, has raised $10M in a funding round, the company said this morning. ChowNow said the new funding round was led by Upfront Ventures, and also included Steadfast Venture Capital, Daher Capital, and Karlin Ventures.

SaaS 100

SaaS Venture Capital Mobile Los Angeles 100

InfoChachkie

JULY 28, 2015

My House Is Not For Sale. However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

Company 100

Company Companies Santa Barbara Pricing 100

socalTECH

JUNE 4, 2015

West Hollywood-based Orbitera , a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed funding round. The company disclosed the funding Thursday. READ MORE>>.

West Hollywood 100

West Hollywood Sales Seed Funding Incubator 100

socalTECH

MAY 17, 2019

Loo--who was the very first employee at ServiceNow--explains what that means, and why companies use the startup's software. Perspectium recently raised a funding round from TVC Capital. The company is all about data solutions which combine meaningful application frameworks together. What is Perspectium? That's how we started.

SaaS 113

SaaS Startup Customer Custom 113

socalTECH

MARCH 14, 2018

This year, we're sponsoring the Recurring Revenue Conference (www.recurringrevenueconference.com), presented by Sutton Capital Partners. Jon Ferrara: I firmly believe that Service is the New Sales and that the Sales starts after a customer buys. A company brand is built on the promises it makes and the experiences it delivers.

Customer 166

Customer Custom Conference Social Media 166

Both Sides of the Table

APRIL 26, 2016

When I publicly Tweeted that all companies should be gross margin positive many people pointed out that Amazon wasn’t profitable for many years. profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). End of story.

Metrics 150

Metrics Startup SaaS Course 150

socalTECH

JULY 1, 2020

The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. Scalefast's software is specifically used by brands to scale direct-to-consumer sales. The company is led by CEO Nicolas Stehle. READ MORE>>.

Tool 124

Tool Commerce Equity Los Angeles 124

socalTECH

MAY 13, 2020

Los Angeles-based GrowFlow , a software-as-a-service company which provides its software to the cannabis and hemp industry, has raised $8.5M in a growth financing round, the company announced on Tuesday. The funding was led by TVC Capital, and also included Bull & Bear Fund and two angel investors. READ MORE>>.

Sales 113

Sales Los Angeles Software Funding 113

socalTECH

MAY 29, 2020

Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Kartha was at ASP; Roder was at KAP Group; Olsen was at Convoy; and Paterson was at Carrington Holding Company. READ MORE>>.

ASP 113

ASP Funding Sales Software 113

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. If you raise millions of dollars from professional investors it is no longer “your” company but a shared company that you control. In the Early Days.

Startup 325

Startup Sales Technical Review Software Review 325

socalTECH

NOVEMBER 10, 2010

Jackson--said it has added a new address book feature, importing of contacts, as well as support for asset sales. CapLinked is looking to make it easier for companies raising money to provide information to both current and prospective investors. Tags: caplinked saas software investor venture capital financial.

SaaS 147

SaaS Yahoo Venture Capital Los Angeles 147

TechCrunch LA

OCTOBER 19, 2021

In addition to San Francisco, the company is now operating in Los Angeles. To keep up the pace, Locale secured a $2 million seed round led by Decent Capital, the family office of Tencent co-founder Jason Zeng. Other investors include Goodwater Capital and Esas Ventures.

Help 192

Help Startup Los Angeles Customer 192

socalTECH

OCTOBER 7, 2020

Givsum said that has received capital investments from both SteelBridge Labs and OC4 Venture Studios, but did not say how much it raised from those efforts. The company says it will use the new funding and the startup support from the two accelerators for growing the company into a "global platform". READ MORE>>.

Funding 124

Funding Coach Organization Platform 124

socalTECH

SEPTEMBER 1, 2020

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. We provide analytics on the velocity of sales across their channels.

Artificial Inteligence 140

Artificial Inteligence Startup Commerce Sales 140

Both Sides of the Table

JANUARY 14, 2014

All the data actually suggests with the growth of mobile, inbound sales calls will double from 30 billion to 60 billion in 3 years (source: Kelsey). It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Much more data in the full post. I’ll wait.

Email 339

Email SaaS Venture Capital Google 339

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. The abundance of late-stage capital is good for us all. Goliath” mythology take on the titans of industry and wins.

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

FEBRUARY 20, 2020

Los Angeles-based ServiceTitan is providing integration of its platform with garage door manufacturer and supplier Clopay, the company said this week. According to ServiceTitan, the integration allows garage door sales and service technicians to easily configure and present quotes and track and process Clopay doors. READ MORE>>.

Sales 100

Sales Los Angeles Pricing Tool 100

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. Greathouse: Great products and companies that came out (of) Santa Barbara. Semick: They are. That causes friction internally.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

DECEMBER 18, 2018

San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise. READ MORE>>.

San Diego 113

San Diego Sales Equity Pricing 113

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212