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.

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Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others.

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Quality Built Lands Investment Round From LA's Gallant Capital Partners

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San Diego-based Quality Built , a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. Size of the investment was not announced. quality built investment venture capital gallant software analytics construction realestate

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Kevin O'Connor, ScOp Venture Capital, On Startup Success and Investments

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This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Congrats on the new name for your venture capital firm. Just this past September was a year with Amazon, when I left, and we started investing in September under the new name, ScOp Venture Capital. What types of companies are you making investments in?

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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.

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

Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. Portfolio successes with investments in companies like CrowdStrike, a cybersecurity company which was founded in Irvine, Calif.;

Clearlake's NetDocuments Gets New Investment

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NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. According to NetDocuments, it has received a "significant" new equity investment from another private equity investor, Cove Hill Partners. Size and terms of that investment was not announced by the companies.

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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

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.

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Think ahead when raising your early investments

Berkonomics

Some businesses just can’t fit within the angel capital or friends and family model for raising funds. Sooner or later you may need to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment.

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Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital

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The summit is now associated with March Capital Partners (www.marchcp.com). We spoke with Meredith Finn a new Partner at March Capital--who headed up that the Rise of the Female Entrepreneur sessions this year--to hear more about her perspectives on investments, what the Rise of the Female Entrepeneur was all about, March's interests in artificial intelligence and more. What's your role at March Capital? How did you end up joining March Capital?

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

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture.

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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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OnShift Gets Investment From Santa Monica's Clearlake Capital

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Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift , a developer of human capital management software for the long-term, post-acute care market. Financial details of that strategic investment were not disclosed. OnShift has previously raised funding from Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, Glengary LLC, HLM Venture Partners, Jumpstart Inc.,

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

Science Inc. Eyes New Venture Capital Fund

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The firm already has an existing venture capital fund which invests in its portfolio companies. science venture capital investment startup incubator acceleratorSanta Monica-based startup studio Science Inc. founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund.

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

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Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Defy , the early-stage venture investment firm founded by Neil Sequeira and Trae Vassallo, is putting a new twist on the venture partner model as it brings Brian Lee and Sujal Patel on board to help out with investing and guiding companies in the firm’s portfolio.

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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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Oaktree Capital Invests In Shoals Technologies Group

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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.

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

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

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

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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

MiLA Capital Raises First Venture Fund

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MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. The fund--led by Carmen Palafox, Noramay Cadena, and Shaun Arora--says it has so far made investments into 16 companies since 2015. Source of the funding for the new venture capital fund was not announced. mila capital venture investment investor hardware accelerator

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.

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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.

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.

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.

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

Thin Line Capital Backs Solar Technology Developer

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Pasadena-based venture capital investment firm Thin Line Capital , a new venture capital firm led by venture veteran Aaron Fyke, has made its first investment, in a developer of solar technology. According to Thin Line Capital, it has made an ivnestment in Sistine Solar , which is developing technology which allows solar panels to blend in visually with roofs--using a special thin film coated with "ultra-durable" graphics and patterns.

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.

Tech Coast Angels Backed 53 Companies In 2018, $10.8M Invested

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The Tech Coast Angels , the largest organized angel investment group both in Southern California as well as across the venture ecosystem, says it backed a total of 53 companies in all of 2018, putting in a total of $10.8M According to the TCA, about 76 percent of its investments in 2018 went to 34 new companies in its portfolio, with the largest investment--nearly 15 percent of its investments--in a single investment worth $1.6