socalTECH

FEBRUARY 8, 2011

in an equity funding round. Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

FEBRUARY 22, 2021

According to the email from Painter, the funding is the company's first external equity financing. Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

JANUARY 30, 2018

Fair-- backed by more than $1 billion in funding from such investors as BMW i Ventures, Penske Automotive Group, Sherpa Capital, and others, operates a service which helps people gain access to a car, which they pay for using monthly payments, with no long term commitments. for drivers seeking vehicle access for 30 days or longer.

Truecar 100

Truecar Equity Los Angeles Activity 100

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity.

Companies 290

Companies Company Technology Startup 290

socalTECH

SEPTEMBER 14, 2016

It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. Local exits: TrueCar, Gravity, Maker Studios. Are you a startup looking to find funding in Southern California? However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows.

Southern California 100

Southern California Dollar Shave Club Lootcrate Orange County 100

socalTECH

AUGUST 4, 2011

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. Instead, after a private equity firm offered to buy YLighting, we negotiated to keep the technology that we had developed. We sold it to a private equity group. All five of my companies have returned a lot of capital. Jeff Zwelling.

Startup 210

Startup Marketing Custom Customer 210

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Will our strategy change now that we have 40% more capital? . Why do they invest in venture capital?

Venture Capital 396

Venture Capital Funding Technical Review Startup 396