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GOGII Raises $15M

socalTECH

Marina del Rey-based GOGII , the social messaging firm headed by former JAMDAT founders Scott Lahman, Austin Murray, and Zack Norman, announced this morning that it has raised an additional $15M in a third round of funding.

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GRP Targets $250M In New Fund, GRP IV

socalTECH

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others. according to a regulatory filing from the firm this week. GRP last closed on a fund--GRP III, L.P. GRP last closed on a fund--GRP III, L.P.--in

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When the Good Guys in Venture Change Roles

Both Sides of the Table

In this capacity I can tell any entrepreneurs raising early-stage capital that I would have Matt on my short list if I were raising. Gogii [the original company name] was an early leader in the free text messaging space and we had tens of millions of downloads of our product. He’s with you in good times & bad. Conclusions?

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.