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A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage ([link] backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talent Agency. What''s the mission behind the new startup incubator? How did the incubator come about?
Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.
Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.
Zong – mobile payments has been a very hot area over the past couple of years with the success and growth of both Boku and Zong. Boku and Zong focus mostly on mobile payments for virtual goods. It has proven a very successful strategy to get consumers to activate the payment on their mobile phone bill. VC Financings: 1.
San Diego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
he's been spinning out of his incubator. What's the idea behind the incubator? Now, we're turning into a formal incubator. However, we're very different than most incubators, in that we only do big data. Second, we only incubate companies we ourselves start. Stuart Frost: I think it's a combination of things.
Glendale-based startup incubator, accelerator, and investment fund VoiVoda is one of the investors in mobile optimization firm Leanplum , Leanplum said today. San Francisco-based Leanplum was founded by two former Google engineers, and is developing a mobile website optimization tool. READ MORE>>.
Qualcomm Labs , the incubator subsidiary of Qualcomm Technologies , has announced the first set of companies funded through its new QualcommLabs@EvoNexus program today, saying that it has funded three companies with a round of seed funding. READ MORE>>.
Los Angeles-based Mammoth Media , a startup that says it is developing mobile-first media, has raised $13M in a Series A funding round, the company disclosed on Tuesday. The company, co-founded by CEO Benoit Vatere, and incubated at venture studio Science Inc., Greylock's Josh Elman joins the company's board as part of the funding.
Last week, Santa Monica-based Tecca (www.tecca.com) launched a consumer electronics, consumer information service, backed by Fuse Capital and Best Buy. We caught up with Mickie Rosen , the firm's CEO, about the company, its links to Best Buy, and how it was incubated out of Fuse Capital. What was behind that decision?
and Fuse Capital. The firm, which did not disclose financial details of the investment, said the digital media fund established by Best Buy and Fuse Capital are backing its launch of a product information, pricing, and shopping mobile application. Fuse said that Tecca was incubated from within the firm. READ MORE>>.
Los Angeles-based mobile food ordering startup ChowNow has raised $1.19M more in an ongoing funding round, according to a regulatory filing by the firm last week. ChowNow is venture backed by Daher Capital, Double M Partners, GRP Partners, Karlin Ventures and Velos Partners. The round is targeted at $2M. READ MORE>>.
Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps). Sean Callahan , SlimSurveys (San Diego, mobile apps). Greg Cohn , Burner (Los Angeles, mobile app). Sam Friedman , ParkMe (Santa Monica, mobile apps). Melani Gordon , Taphunter (San Diego, mobile apps).
Los Angeles-based mobile dating app developer Tinder is in the midst of raising a big round of funding, according to an unconfirmed report today. Tinder was incubated and is currently owned by IAC. tinder venture capital dating mobile rumor' READ MORE>>.
demoday demo incubatorcapital venture software accelerator startup muckerlab' Muckerlab said it previous, 18 portfolio companies have now raised over $40M to date from venture investors. READ MORE>>.
A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus. Kevin Hell: What makes EvoNexus unique, is that it is--as far as we know--the only completely free, no-strings-attached incubator in the nation. Once they pass that, they get into the incubator.
Santa Monica-based Geodelic announced today that the firm is shipping a new application for local discovery, along with T-Mobile USA. According to the venture backed firm, the new software for T-Mobile's myTouch 3G, learns a user's favorite locations and helps them find local retailers, restaurants, and attractions. and Jamdat.
Los Angeles-based Pagewoo , the mobile advertising startup founded by Holden Steinberg and Jason Crilly, has quietly scored a round of funding, which was disclosed by the Tech Coast Angels this morning. Pagewoo--which is in private beta--was part of Howard Marks' StartEngine incubator earlier in the year. READ MORE>>.
Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. Greystripe was venture backed by Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital, and was based in San Francisco.
San Diego-based ecoATM , the startup led by Tom Tullie which develops kiosks for recycling used mobile phones, MP3 players, and tablets, reported yesterday that it has now recycled more than one million electronic devices. EcoATM develops self serve kiosks which pay users cash when they trade in their electronic devices. READ MORE>>.
Today, we're featuring Erik Rannala , founder of MuckerLab , the startup accelerator focused on incubation stage Internet, software, services, and media businesses here in LA. What was the biggest news for you/your firm this year? In your opinion, what events, companies, or people made the biggest impact on the technology world this year?
Venture Hacks is educating entrepreneurs on the game theory of how to raise venture capital. We are productizing the raising of capital for startups. ”. One mistake I made early on is I thought, ‘capital is fungible, look at the foreign exchange markets.’ Capital is very mobile, but capitalists are not.
Company plans to use the capital to build out sales and marketing and r&d. -a led by Altos Ventures and Maverick Capital, with Larry Braitman. Incubated by Clearstone Ventures in 2008. Geodelic develops free mobile applications to easily browse your surroundings (restaurants, banks, businesses, etc). a fbFund winner.
San Diego- and Orange County-based startup incubator EvoNexus and the University of California San Diego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups. Financial details of the link between EvoNexus and UCSD were not announced. READ MORE>>.
MuckerLab has been fairly successful in attracting venture capital interest in its prior class of companies, with a significant chunk of the group's inagural class gaining venture or angel funding. MuckerLab's model is based on the TechStars incubation model, and the group is an affiliate of that startup accelerator. READ MORE>>.
San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada.
Science is looking to incubate its own set of companies, make investments, and otherwise work to create the next successful startups. I thought it would be interesting to raise a tranche of money, to have a platform where we could incubate our own concepts, work with the best entrepreneurs around, and build new businesses.
Popular programs like Opportunity Zones, New Market Tax Credits and Community Development Finance Institutions could be used to boost the government’s commitment with private capital, the plan’s authors argue. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson.
We're looking to launch our first class in the fall, with five to ten companies, with the TechStars model of a small capital investment, and a seed investment of $6000 per founder. Then, Bruce and I met about four years ago, at a company called Evryx Technology/SnapNow, which was a mobile marketing/mobile search firm using visual recognition.
Irvine-based Syntiant , a developer of semiconductors used for "edge computing" and machine learning applications, has raised a Series A round of funding, led by Intel Capital, Syntiant said on Tuesday. The round also included Seraph Group, Danhua Capital and Embark Ventures. The company is part of the EvoNexus incubator.
Burbank-based Steamboat Ventures , the venture capital arm of Disney, is one of the investors in Bay Area-based mobile games advertising firm Greystripe , which raised a $5.5M Greystripe said the funding round was led by Incubic Venture Capital, and also included Monitor Ventures, in addition to Steamboat Ventures.
Burbank-based Steamboat Ventures , the venture capital arm of Disney, is one of the investors in Bay Area-based mobile games advertising firm Greystripe , which raised a $5.5M Greystripe said the funding round was led by Incubic Venture Capital, and also included Monitor Ventures, in addition to Steamboat Ventures.
This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models.
This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models.
The amount of capital varies by accelerator. We decided, after looking at Los Angeles, that what was needed most in Los Angeles, and what entrepreneurs were interested in here, was that we'd need a little bit more capital offered than other accelerators. whereas in Los Angeles, there's sort of a paucity of those kinds of resources.
What is the future of social media, digital television or mobile computing. He heads their business development practice and they have been very active in incubating, investing in and helping grow LA startups. Background: GRP Partners is a Los Angeles based Venture Capital firm with additional operations in London and Paris.
The funding was led by Greycroft Partners, and also included Spider Capital, Mucker Capital, and Dream Incubator. Santa Monica-based Workast , a developer of applications that run on the popular Slack chat platform, has raised $1.85M in a seed funding, the company disclosed this week. Workast is led by CEO Guillermo Gette.
Think of web vs. mobile. The other problem with extreme success is that for some VCs it makes them disinterested in middling outcomes, things that take a long time to incubate or solving thorny problems when a company doesn’t immediately move up and to the right. And so is venture capital. Traditional software vs. SaaS.
El Segundo-based Endpoint , a new mobile-first startup focused on title and escrow services, has spun out of title insurance giant First American Financial Corporation , and raised $30M in funding from First American. Endpoint will be led by CEO Scott Martino.
With lead investors like Fika Ventures and Fathom Capital, and co-investors, including Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners and Stage Venture Partners, Elementary Robotics is readying itself for commercial pilots with a few undisclosed customers as it proves out its technology.
Funding sources for this stage extend from grants to large private fund incubators, such as the IBM Watson initiative a while back. Fortunately, in many attractive business domains, including mobile software, Internet apps and ecommerce, the cost of product development is at an all-time low. Commercial product prototypes.
The funding was led by Shell Ventures and Building Ventures, and also included DENSO, Goodyear Ventures, GroundBreak Ventures, and the Los Angeles Cleantech Incubator Impact Fund. Envoy was co-foudned and is led by CEO Aric Ohana.
Based in Los Angeles and Taipei, Taiwan, it's a $10 million incubator that invests in early stage startups. Lawrence Ng: Mobile Browser usage vs. Mobile App usage � We think this is an important topic to watch for years to come. Most mobile conversations over the last couple years has involved the topic of the Mobile App.
So this fall, we launched Science Blockchain, a new incubator that partners with leading entrepreneurs to build a portfolio of blockchain and cryptocurrency related businesses. I think we will see the rise of a newer and larger mobile-focused media companies and the continued evolution in traditional television entertainment.
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