socalTECH

FEBRUARY 23, 2015

along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. However, the company also made some big cuts in its staff on Friday, following the funding round. The company has now raised nearly $100M in funding over its lifetime. The company has now raised nearly $100M in funding over its lifetime.

Layoffs 100

Layoffs Redpoint Hollywood Report 100

socalTECH

NOVEMBER 12, 2013

Costa Mesa-based Emulex said Monday that it is launching a cost cutting effort, a $200M stock buyback, and that Executive Chairman Jim McCluney will exit the company''s board in February. The move comes as Emulex has been looking for a private equity buyer to take the company private. READ MORE>>.

Layoffs 147

Layoffs Equity Acquisition Capital 147

socalTECH

FEBRUARY 27, 2015

The new funding brings the company''s total raised to $61.7M. Nasty Gal founder Sophia Amoruso recently stepped down as CEO , and the company had some major layoffs last September. nastygal fashion executive retailer venture capital' Source of the new funding was not announced. READ MORE>>.

Layoffs 100

Layoffs Venture Capital Los Angeles Funding 100

socalTECH

MARCH 5, 2009

Last month, the firm's CEO, Peter Hoskins, told socalTECH that the "Most of what we do is consistently profitable, by design. Tags: jobs employment layoff video comerica content maniatv shutdown.

Layoffs 100

Layoffs SoCalTech Content Web 100

socalTECH

JUNE 21, 2019

Minnie Ingersoll: A few things, but most recently I started by own company, in 2013. Why did you decide to move to venture capital? Sometimes what I say, is if brand is your moat, and you're a direct-to-consumer company, versus where you really have some technology, and you have some IP, that's the side of the spectrum we play on.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

socalTECH

OCTOBER 12, 2016

Los Angeles-based fashion website NastyGal is apparently in the midst of a "cram down" round--a round where the current shareholders in a company essentially reset the equity structure of a company that usually forces non-participating investors to lose most, if not all of their stake in the company. READ MORE>>.

Report 100

Report Layoffs Equity Los Angeles 100

socalTECH

APRIL 13, 2020

Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. We raised $160M, and our core limited partners are Goldman Sachs, Morgan Stanley, and Coller Capital.

Startup 113

Startup Paramount Invest Capital 113

socalTECH

MARCH 19, 2009

According to Cortex, it has reduced its personnel by approximately 50 percent, because of the "continuing uncertainty in the capital markets" and the economy. Cortex said it will "evaluate all options for raising cash" to fund the company, including licensing, partners, and other strategic options.

Layoffs 100

Layoffs Research Capital Funding 100

socalTECH

NOVEMBER 3, 2008

According to Spot Runner, the 115 represents about 30 percent of the company. A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment." READ MORE>>

SoCalTech 113

SoCalTech Advertising Venture Capital Resource 113

socalTECH

SEPTEMBER 26, 2008

Autobytel said it has hired RBC Capital Markets to explore "strategic alternatives" at the firm, which usually indicates that a company is looking for a buyer. The firm said it expects to save $10M annually as a result of the layoffs and elimination of other expenses. Autobytel provides marketing services for automotive dealers.

Layoffs 100

Layoffs Invest Marketing Capital 100

socalTECH

DECEMBER 12, 2008

Autobytel said that the move affects approximately 40 employees at the company, and will save the company approximately $5.2M Coats has been named the company's President and CEO, replacing current CEO Jeff Riesenbach. in the fourth quarter for the layoffs, including severance for Riesenbach. annually in costs.

Layoffs 100

Layoffs Sales Invest Capital 100

socalTECH

DECEMBER 9, 2019

According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it looks to have a capital base that is "right-sized to the needs of our business and strategy". Update: According to a spokesperson for Wag, who reached out to this publication, the company "is not seeking a buyer".

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

DECEMBER 9, 2019

According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it loks to have a capital base that is "right-sized to the needs of our business and strategy". The company also is now seeking a buyer. Smallwood was named CEO of Wag at the end of November. READ MORE>>.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). After we sold it to that public company, I founded HashtagOne. What's the theme of your investments?

Venture Capital 100

Venture Capital Entrepreneur Technical Review Software Review 100

socalTECH

DECEMBER 19, 2016

The company did not say how many people it laid off in the move. The company said it is now "considering various measures to preserve cash" and looking to "maximize the value of its assets."

San Diego 100

San Diego Education Sales Capital 100

socalTECH

MAY 25, 2016

Size of the cuts were not announced by the company. According to the company, it has realigned its business to focus on what it calls its "Solar 2.0" The company said it is moving away from the more traditional, door-to-door and other aggressive sales tactics that are being used in the solar market. READ MORE>>.

San Diego 113

San Diego Sales Invest Services 113

socalTECH

OCTOBER 22, 2008

The cuts will give the company runway past 2012. and Sequoia Capital, and provides human-edited search pages and news summaries. According to Calacanis, the firm is "fairly certain" that advertising for the next two years will be "severely depressed." Mahalo is venture backed by Burda Digital Ventures, CBS, News Corp., READ MORE>>

Mahalo 100

Mahalo Santa Monica News Summary 100

socalTECH

SEPTEMBER 18, 2008

The company said the restructuring included a reduction in workforce by over 20 percent. The company also said it is looking to divest it infrastructure business units in the new term, and hired an investment banker to manage the sale. The debt comes from Avenue Capital Management II, L.P.

San Diego 100

San Diego Invest Sales Funding 100