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Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.
Culver City-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.
The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The company is targeting the software for companies working on asset sales, financing, and mergers. caplinked venture capital investment dealroom virtual document collaboration saas software' READ MORE>>.
San Diego-based Brickfish , a developer of social media and networking software being used by brands, reported today that it has hired on a Paul Botto, most recently Head of Analytics for the North American Sales Organization at Google, as its Vice President of Sales. Brickfish is venture backed by DCM, Draper Richards L.P.,
The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. Jeb Spencer: The goal at TVC Capital is to do exactly this. These companies don't traditionally get venture capital.
Los Angeles-based Siemer Ventures , the venture capital arm of investment bank Siemer & Associates, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. in a seed funding round. in a seed funding round.
Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. Fonality is backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners, and is headed by Chris Lyman.
The funding came from BMW iVentures, Draper Fisher Jurvetson, Highland Capital, DCM, G2VP, and Goldman Sachs. Online used car marketplace Shift , which has two offices in Southern California--its biggest market--has raised $37M more in funding, the company said today.
He was able to raise money from a VC in Minneapolis called Split Rock , grow the business to over $200 million in sales and sell to Experian for nearly $380 million. 1 of the companies was sold (FlipGloss), 11 of the companies received funding, and one of the companies is profitable and has decided not to raise outside capital.
HauteLook, one of the first firms to capitalize on the sample/private sales market, is already profitable and is growing rapidly. The firm is headed by Adam Bernhard , a veteran of the fashion sales industry. Backers: Charles River Ventures, Kinsey Hills Group, Redpoint Ventures. . HauteLook vs. Gilt Groupe. eSolar - Profile.
Fonality claimed that it has seen an increase in sales of applications, call center software, and larger customers purchasing multi-site systems. Fonality is venture backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners.
The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier. The startup, led by CEO Robert Blatt, said the funding will go towards operations, and to add new products, features, and services for its customers, along with additional sales executives. READ MORE>>.
The funding was led by Goldman Sachs Investment Partners (GSIP), and also included Draper Fisher Jurvetson (DFJ) and Highland Capital Partners. Shift is unusual, in that it takes responsibility for providing on-demand test drives of vehicles--and helps prep those vehicles for sale--rather than just connecting buyers and sellers.
The funding was led by Draper Frontier Opp & Tech Fund. The company said the funding goes towards sales and marketing. San Diego-based TicketSauce , a developer of private label event management software, has raised $2.5M in a Series A funding, the company announced this morning.
Crowdfunder is backed by such investors as Tim Draper (DFJ), Bill Quigley (Clearstone, Crypto Currency Partners), Bridge 37 Ventures, Ideas & Capital Venture Capital, Maura O'Neill, Capital Nuts, Marcus Segal (Zynga), Mark Rampolla (ZICO Coconut Water), David Wilner (Windriver Systems), and others.
According to Eventful, the investment round also included existing investors Draper Fisher Jurvetson and Bay Partners. Eventful, which operate an online web site for promoting and sharing information about events, said it will use the new funding to expand sales and marketing, its mobile channel, and international expansion.
But before you jump on the bandwagon, you should consider the advice I saw recently from the maven of venture capital, William H. Draper III, in his new book titled “ The Startup Game.” Being thinly capitalized doesn’t necessarily mean you need a big cash infusion. Is the money going to be enough? Do you have the horses?
The firm said it has brought its Series A up to $2.1M, and added new investors Conversion Capital, Inflection Ventures, The Artesian Group, Chris Harris (software engineering manager at Google), and Lee Essener (founder of AccessDNA). cloud software management deal room data capital venture caplinked' READ MORE>>.
The seed round was led by investments from Richard Chino, a key early member of GoTo.com and Smarter.com; Dan Murray, CFO of Machinima ; Derek Draper of Wildfire by Google; Nikhil Srivastava of KKR ; Angel Investor Andrew Schwartz and other angles from LA and Silicon Valley. 750,000 for Scaling & Product development.
Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. Jackson added that the firm was proud of its product, and even uses its own software to manage their capital raised from investors. Over $3M Raised. million in the Series A round.
Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Justin.tv - Founded in October 2006, Justin.tv
Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Justin.tv - Founded in October 2006, Justin.tv
Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Justin.tv - Founded in October 2006, Justin.tv
Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Justin.tv - Founded in October 2006, Justin.tv
Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Justin.tv - Founded in October 2006, Justin.tv
PERSON Timothy Draper PERSON|Timothy Draper. NAME Timothy Draper. Last summer, Cameron and Tyler Winklevoss—twins best known for suing Mark Zuckerberg over the origins of Facebook, and who recently formed a venture-capital firm—bought an 8,000-square-foot bachelor pad in the Hollywood Hills for $18 million.
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