Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

Invest 186

Michael Jordan, Declaration Capital Invest in Axiomatic

L.A. Business Journal

Former Chicago Bulls star and owner of NBA team the Charlotte Hornets Michael Jordan invested in Axiomatic E-sports alongside Declaration Capital, the investing office of Washington, D.C.-based based Carlyle Group co-founder David Rubenstein

Venture Capital is About Human Capital

Both Sides of the Table

Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. Fundamentally venture capital is about human capital. Venture Capital is a people business.

Toba Capital Leads Investment In Skupos

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Toba Capital , the investment firm founded by former Quest Software founder Vinny Smith, is the lead investor in a $6.4M, Series A funding for San Francisco-based Skupos. Skupos said its Series A was led by Toba Capital, and also included Dynamo Fund, Loup Ventures, and other existing investors. Toba Capital's investment in Skupos was led by Patrick Mathieson. Toba Capital is based in Newport Beach. smith vinny capital venture skupos toba

Wpromote Gets Investment From Shamrock Capital

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Los Angeles-based digital marketing agency Wpromote has received a private equity investment from Shamrock Capital , the two announced today--the first ever outside investment received by Wpromote, ever. Financial terms of the investment were not announced. The companies did not say how large of a stake Shamrock Capital has taken in Wpromote. marketing agency digital private acquisition merger investment venture capital shamrock wpromote

Invest 100

Moonshots Capital Ramps Investment Pace With Lead On Two Investments

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Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. The two investments, both announced in January, were cyber-defense firm Threatcare , and bot detection developer New Knowledge. Moonshots also led the investment in New Knowledge.

Invest 100

Arrowroot Capital Invests $38M In ClickFox

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Santa Monica-based private equity investor Arrowroot Capital has invested $38M in big data and analytics software developer ClickFox , according to a regulatory filing from ClickFox this week. Arrowroot Capital is led by Founder and Managing Partner Matthew Safaii; Arrowroot says it invests in business-to-business software companies. clickfox venture capital data analytics software bigdata arrowroot private equity

Calibrate Ventures Raises $80M Investment Fund

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Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. According to the newly created venture capital firm, it will focus on early revenue startups, focused on companies across both the consumer and enterprise sectors.

PriceSpider Receives Growth Investment

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Irvine-based PriceSpider , which develops software to help retailers and brands understand consumer buying behavior, has received a round of growth investment from Frontier Capital, the firms said this morning. Size of the investment was not announced. PriceSpider will use the funding for growth capital, market expansion, and growth acceleration, according to the two. Frontier said it made the investment out of a $700M fund, the Frontier Fund V.

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Arrowroot Capital Raises $177M Fund For Software Investments

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Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. According to the firm, led by founder and managing partner Matthew Safaii, it is focused on growth capital for healthy, recurring revenue enterprise software companies in the lower-middle market. Arrowroot Capital said the fund was oversubscribed.

Invest 100

Arrowroot Capital Raising $50M Investment Fund

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Santa Monica-based Arrowroot Capital , an investment firm which invests in software-as-a-service and Internet-based businesses, said in a regulatory filing that it is raising a $50M fund. No details on the fund have been announced by Arrowroot Capital, which did not indicate any limited partners yet committed to the fund. Arrowroot lists such portfolio investments as Zift Solutions, EiQ Networks, 4Tell, and MedNet Solutions.

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Clearlake Capital Buys symplr

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Santa Monica-based private equity investor Clearlake Capital Group has acquired Houston, Texas-based symplr , a provider of healthcare governance, risk, and compliance software. Clearlake acquired symplr from its existing set of private equity investors, Pamlico Capital and The CapStreet Group. SkyKnight Capital co-invested in the transaction with Clearlake, which financed the deal via Antares Capital, Bain Capital Credit and Golub Capital.

Arrowroot Capital Aims To Raise $175M In Third Investment Fund

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Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. Safaii, has made investments in such companies as 4tell, Agilence, EiQ, Embotics, Evergage, Icix, MedNet, ServiceAide, and ZiftSolutions. arrowroot capital investment fund internet business technology saas software

Invest 116

Oaktree Capital Invests In Shoals Technologies Group

socalTECH

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. Size of the investment was not announced.

March Capital Partners Leads Series A Investment In Pensa

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Santa Monica-based venture capital investor March Capital Partners has made another investment, this time as the lead in data center automation software maker Pensa. March Capital Partners' investment in Pensa comes on top of an earlier, seed funding round from The Fabric. software orchestration automation intelligence artificial pensa investment capital venture partners march

Invest 100

Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

The flow of venture capital dollars invested into Los Angeles-area companies fell 16.3 percent from a high of $4.17 billion in 2015 to $3.49 billion last year, according to a report by Dow Jones Venture Source

Reflections on 2018: Kelly Perdew, Moonshots Capital

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This morning's reflections are from Kelly Perdew , managing general partner of at Moonshots Capital (www.moonshotscapital.com). Closing our inaugural fund was big news for us, but even bigger news in my perspective has been the breakaway performance of many of our investments led by military veteran founders: 1. Those investments are a huge validation of our Fund thesis: investing in Extraordinary Leadership, with a heavy emphasis on military veteran co-founders.

Moonshots Capital Leads Investment In Startup Uncovering Propaganda, Bot Farms

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Los Angeles-based Moonshots Capital is the lead investor in the seed round of a startup, New Knowledge , which developed the artificial intelligence software which uncovered a large-scale Russian effort to influence U.S. in a seed funding, which was led by Moonshots Capital, and also included participation from Haystack, GGV Capital, Geekdom Fund, Capital Factory and Spitfire Ventures.

Is Your Startup Ready for Investment Capital?

Tech Zulu Event

Just as it’s not always what you know, but who you know, in the world of investment capital, the motto could read: it’s not what you’re doing, but who you are. The post Is Your Startup Ready for Investment Capital? You’ve identified a pain point.

Invest 100

Lowercase Capital Boots Up New LA Investment Fund

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Another, Silicon Valley investor-- Chris Sacca --has his eyes on investments in Los Angeles, saying that his super angel fund, Lowercase Capital , has just hired a full time director in Los Angeles to make investments in local startups.

Invest 205

Core Innovation Capital Announces $100M In Second Venture Capital Fund

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Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York company which provides a service to help small business owners shop and compare personalized credit recommendations. Size of that investment was not disclosed.

Moonshots Capital Announced First Seed Stage Fund

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Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. The firm--which has been making investments even before raising the official fund, announced today--has already made four investments out of the new fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

Core Innovation Capital Raises $71.5M for Financial Tech Investments

L.A. Business Journal

Core Innovation Capital of Hollywood, a financial services technology investor, has raised a second fund worth $71.5 million, according to a filing with the Securities and Exchange Commission

Moonshots Capital Leads Investment In Complai, Developer Of Shep

socalTECH

Los Angeles- and Austin-based Moonshots Capital , the new venture investment fund founded by Kelly Perdew and Craig Cummings, is on an investment roll, and has made another investment from its fund. As part of the funding, Craig Cummings, co-founder and General Partners of Moonshots Capital, has joined Complai's board. Moonshots Capital has been on a roll, having just announced the lead on two other companies earlier this month.

Bonfire Ventures closes $60 million to invest in SoCal B2B startups

TechCrunch LA

Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.

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TealTech Capital Gets $60M For Medtech Fund, Makes First Investment

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San Diego-based TealTech Capital , a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. TealTech said today that it has made is first investment, in TealNet Mobile Medical Office (MMO) , a startup focused on point-of-care diagnostics and telemedicine. Size of the investment in TealNet MMO was not announced.

LAVA Investment Capital Conference

SoCal Tech Calendar

Wednesday, June 13, 2012 -- LAVA Investment Capital Conference. Bringing companies and capital together for an afternoon of content-rich discussions with real companies and their investors. See [link] (more

LAVA 109

March Capital Leads $10M Investment In Branch Messenger

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Santa Monica-based March Capital Partners , along with another local investor, Crosscut Ventures , have both made investments in a new Techstars company, Branch Messenger , Branch announced this morning. Series A funding round led by March Capital Partners, and which also included CrossCut, Techstars Ventures, Matchstick Ventures, and others. March Capital's Jim Armstrong and CrossCut's Brett Brewer were both involved in the investment deal.

March Capital Partners Leads Investment In eSports Streaming Startup Genvid

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Los Angeles-based venture investor March Capital Partners , in a deal led by Gregory Milken, has lead a seed funding round in New York-based startup Genvid Technologies. in a seed funding round, which was led by March Capital Partners, and also included OCA Ventures. twitch videogame streaming esports sports investment venture partners capital march genvid

Vicente Capital Invests In Wireless Software Company

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Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions , a Canadian company providing in-building wireless design software. Financial details of the investment were not announced. Vicente Capital said that its Growth Equity Fund, jointly with Farol Asset Management, acquired a "significant" equity interest in iBwave, which is based in Montreal, Canada.

Clearlake Capital Acquires Provation

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Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. documentation healthcare software acquisition merger investor investment equity private capital clearlake provation

Qualcomm Sets Up New, $100M AI Investment Fund

socalTECH

San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. learning machine finance investment capital venture intelligence artificial qualcomm

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Originate Gets Strategic Investment

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Los Angeles-based "software innovation studio" Originate announced late Tuesday that it has received a strategic investment, from Pacific Growth Investors. Size of the investment were not announced. Originate said the new funding will go towards working capital and international expansion. originate strategic investment software innovationconsulting labs venture capital

Invest 100

LAVA Investment Capital Conference

SoCal Tech Calendar

Wednesday, June 22, 2011 -- LAVA Investment Capital Conference. See [link] (more

LAVA 100

Reflections on 2018: Jeb Spencer, TVC Capital

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As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Technology investing is the best job in the world, but it can be fraught with failure. Once you make enough technology investments, as we have over the last decade, failure at multiple levels will increase and sometimes it feels as if these failures are often sudden, surprising and multiplicative. reflections2018 spencer capital venture prediction