socalTECH

JULY 18, 2013

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, when there was $868.98M in investments across 97 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M in investments across 90 deals.

Southern California 187

Southern California Venture Capital Tech Coast Angels Capital 187

socalTECH

JUNE 24, 2013

A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local investors shied away from? snapchat venture capital investment valuation jamdat'

Snapchat 145

Snapchat Invest Electronic Arts Venice 145

socalTECH

JULY 15, 2016

Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. Nationally, venture capitalists invested $15.3

Southern California 100

Southern California Marina Del Rey Venture Capital Company 100

socalTECH

APRIL 8, 2019

Venice, California-based venture capital investment fund Fifth Wall Ventures , has just received a sizeable commit into its second fund, Fifth Wall Ventures II , according to a regulatory filing by the company. According to the filing, the company now has $468.0M According to the filing, the company now has $468.0M

Funding 113

Funding Southern California Venture Capital Venice 113

socalTECH

NOVEMBER 1, 2012

500Startups said that ClubW--founded by Xander Oxman, Mark Lynn, Geoff McFarlane--was selected as part of its fifth class of accelerator companies. 500Startups invests between $25,000 and $250,000 in startups selected by the group, which usually work with the accelerator to help hone their business.

Invest 170

Invest Class Venice Los Angeles 170

socalTECH

AUGUST 27, 2014

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging social networking'

Snapchat 168

Snapchat Report Social Network Funding 168

socalTECH

JULY 26, 2019

venice-based Stackin' , a startup which helps consumers start saving and making investments, has raised $4.0M in a funding round, according to a regulatory filing from the company this week. Stackin' says it already has over 500,000 users who use the service to save money and to start investing, all via text messaging.

Startup 113

Startup Venice Invest Funding 113

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. We brought in a third partner, Guy Oseary.

Invest 157

Invest Startup Hollywood Echo Park 157

socalTECH

JANUARY 13, 2020

Venice, California-based venture investor Fifth Wall Ventures , which invests in real estate technology, has raised nearly $3.5M in a Special Purpose Vehicle (SPV)--like as part of an investment in another company--according to a regulatory filing from the firm this morning. Fifth Wall Ventures SPV XIX, L.P.,

Venice 100

Venice Invest Technology Funding 100

socalTECH

AUGUST 8, 2018

Venice-based Snap Inc. , the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family. Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 percent stake in the company. READ MORE>>.

Venice 100

Venice Snapchat .Net Invest 100

socalTECH

FEBRUARY 12, 2014

The company said the new funding includes $1.25M in new capital, plus a $1M convertible note from last year. tapiture venture capital angel investment social sharing photos products style' Tapiture said the new funds will go towards growth, towards international expansion, and to help build merchant partnerships.

Seed Funding 147

Seed Funding Funding Venice Venture Capital 147

socalTECH

MAY 20, 2014

Venice, California-basd Epoxy --which was built by former executive from Team Downey--has launched a brand new set of tools aimed at helping online video creators use social media, and also disclosed a funding round. The company did not provide other details on the funding round. READ MORE>>.

Downey 207

Downey Tool Bertelsmann Help 207

socalTECH

MARCH 9, 2018

Santa Monica-based Bird , which operates a network of "last mile" electric vehicles for connecting users with public transportation like buses and subways, has raised $100M in a Series B funding, the company said on Friday. As part of the funding, Bird said it has named angel and venture investment veteran Paige Craig as its new Head of U.S.

Santa Monica 113

Santa Monica UCLA Venice San Diego 113

socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. The report cited a "person with knowledge of the matter", who said the valuation of the company would be between $16 billion to $19 billion.

Snapchat 100

Snapchat Report Venice Funding 100

socalTECH

AUGUST 4, 2015

Venice, California- and Helsinki, Finland-based mobile game developer Seriously , the developer behind the title Best Fiends , has raised $18M in a venture funding round, the company said this morning. The new funding specifically goes to building out the company's production teams and marketing. READ MORE>>.

Mobile 100

Mobile Venice Capital Funding 100

socalTECH

OCTOBER 17, 2018

Investments in two local, Mojave-based companies-- Virgin Galactic and Virgin Orbit --are on hold this week, after the mysterious disappearance--and suspected murder==of journalist Jamal Khashoggi last week. Khashoggi, a journalist based in the U.S. and working for the Washington Post. percent--back in August.

Venice 113

Venice Invest Los Angeles Funding 113

socalTECH

MARCH 9, 2015

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. Kingdom Holding Company did not reveal any other details of the possible investment.

Snapchat 100

Snapchat Funding Social Media Venice 100

socalTECH

JANUARY 7, 2016

Venice-based Gem , the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M The funding was led by Pelion Venture Partners, and also included KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and others. The company says it has now raised $10.4M

Venice 100

Venice Funding Capital Invest 100

socalTECH

APRIL 3, 2018

A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. Details on the rumored deal between Snap and Saudi Arabia have not been released, and it's unclear what, if any, investment by the kingdom would be made in Snap, the parent firm of Snapchat.

Southern California 113

Southern California Report Snapchat Venice 113

socalTECH

JANUARY 2, 2015

Venice, California-based Snapchat has raised an enormous, $485.6M funding round, according to a regulatory filing from the company on New Year''s Eve. Details on the funding have not yet been announced by the company. snapchat venture capital investment kpcb social messaging instant kleiner' READ MORE>>.

Snapchat 100

Snapchat Funding Venice Venture Capital 100

socalTECH

FEBRUARY 16, 2018

Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA pointed at all of the companies in Los Angeles that came out of the demise of MySpace, and argues that the growth of Snap is about to trigger another wave of startups in the market. billion, with so far 9 of its companies acquired.

Snapchat 100

Snapchat Venice Los Angeles Report 100

socalTECH

AUGUST 15, 2012

Venice-based Movieclips , the online movie clips site and content site founded by Zach James and Richard Raddon, said today that it has raised $18.9M Venture Partners, and also included MK Capital, Shasta Ventures , SoftTech VC, First Round Capital , Richmond Park Partners , and Machinima CEO Allen DeBevoise.

Venice 178

Venice Content Venture Capital Sites 178

socalTECH

AUGUST 14, 2013

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

MARCH 8, 2016

Venice, California-based ZEFR , the content monetization technology developer, has raised $5M more in what appears to be a convertible debt funding. According to a regulatory filing by the company, the debt funding came from 10 investors. The company has yet to announce details on the funding. READ MORE>>.

Venice 100

Venice Content Funding Capital 100

Xconomy

JULY 14, 2016

Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. Still, the amount invested marked a 12 percent drop from the $17.4

Marina Del Rey 40

Marina Del Rey Invest Venture Capital San Diego 40

socalTECH

MARCH 5, 2013

With the rise of an increasingly large number of companies, producers, individuals, and others building online video channels, there's been a corresponding increase in the need for tools to serve that audience. The new round was led by GRP Partners, which adds Mark Suster to Epoxy's board of directors.

Bertelsmann 191

Bertelsmann Downey GRP Partners Southern California 191

socalTECH

MAY 29, 2015

Venice-based Snapchat has raised $537.6M The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company at around $16 billion. Snapchat has now raised north of $1.15‎ billion. billion).

Snapchat 100

Snapchat Southern California Funding Venice 100

socalTECH

DECEMBER 27, 2018

Venture Capital is a Long Term Game. What was the biggest news for your company in 2018? When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We moved from our loft in Venice to a new tech campus in Santa Monica.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

socalTECH

JANUARY 7, 2019

With Startup Boost, we had dozens of investors, service providers, successful entrepreneurs, and major industry leaders (including Microsoft, Google, Softbank, REME, and TechStars) coalesce around our initiative to help early stage companies get to the next level. Yet they turned-out each and every week of our six-week programs.

Technical Review 157

Technical Review Software Review Startup Coach 157

Both Sides of the Table

JUNE 27, 2013

Santa Monica is the place where the highest concentration of early-stage startups are created if you consider also the contiguous geography of Venice Beach. Well, the venture capital industry has changed a lot in the past 20 years … and we have too. Our portfolio companies value us as sparring partners.

Funding 343

Funding Santa Monica Venture Capital Startup 343

socalTECH

SEPTEMBER 2, 2015

Are you one of the companies in Los Angeles that just doesn't have enough parking for your employees? One of the on-demand, parking services that serves Los Angeles Zirx , said this morning that it is specifically looking to solve those issues for companies, with the launch of a new service. READ MORE>>.

Beverly Hills 100

Beverly Hills Santa Monica Demand Venice 100

socalTECH

NOVEMBER 1, 2012

As part of the funding, the company said that David Pakman of Venrock joins the company's board of directors. Dollar Shave Club is one of the company's spawned out of Science, Inc., and burst onto the scene earlier this year with a highly viral, campy video with Dubin touting the company's razor blades. READ MORE>>.

Dollar Shave Club 164

Dollar Shave Club Services Venice Funding 164

socalTECH

JUNE 25, 2015

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. I think that's what we're most enthusiastic about.

Southern California 100

Southern California Venture Capital Startup Entrepreneur 100

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

Southern California 113

Southern California SoCal Pasadena Startup 113

socalTECH

FEBRUARY 22, 2011

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154