3L Capital Raises $217M For New Investments

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Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. The startup investor has already been busy making investments in Los Angeles area startups, and already has investments ChowNow , TYT , SnackNation , along with TheRealReal, 101 Commerce, Wheels, and others.

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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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Moonshots Capital Leads Investment In Backtracks

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Los Angeles-based venture investor Moonshots Capital is the lead investor in a new startup, Backtracks , a developer of podcast analytics software. in a seed funding round, which was led by Moonshots Capital, and also included Capital Factory, Sputnik ATX, Next Coast Ventures, Bull Creek Capital, and BNSG Capital. As a part of the funding round, Kelly Perdew, Managing General Partner of Moonshots Capital, will join the board at Backtracks.

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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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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.

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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3L Capital Raises $217 Million Fund to Invest in Local Startups

L.A. Business Journal

Westwood-based growth equity investment firm 3L Capital announced July 8 it raised a $217 million equity fund to continue investing in local companies

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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

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

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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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Video Interview: Richard Wolpert, Venture Capital and Angel Investor

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Today's video interview is with Richard Wolpert , a well known Southern California venture capital and angel investor. richard wolpert video interview venture capital investor angel investment finance

CerraCap Ventures Gets Investment From Mexico Ventures

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cerracap ventures venture capital investment fintech orange county mexico internationalCosta Mesa-based CerraCap Ventures READ MORE>>.

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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

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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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.

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CerraCap Ventures Gets Strategic Investment

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Costa Mesa-based CerraCap Ventures , a venture capital firm which invests in early stage technology companies, announced this morning that it has received a strategic investment, from a unit of IIFL Wealth Management Limited (IIFL Wealth), a large Indian private wealth management company. The investment went into CerraCap's second fund, CerraCap Ventures Fund II. Size of the investment was not announced.

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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.,

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.;

OpenGate Capital Acquires InRule Technology

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Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. According to OpenGate Capital, it obtained a majority interest in InRule, the fifth investment through its second institutional fund. management support decision software equity private acquisition merger technology inrule capital opengate

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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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?

Graduway Gets Investment From Manhattan Beach's K1

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Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies. graduway investment enterprise software venture capital private equity education alumni network saas cloud

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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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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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

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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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

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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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Clearlake Backs DigiCert In Growth Investment

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Santa Monica-based private equity investment firm Clearlake has made an investment in security certificate provider DigiCert , in a joint investment with TA Associates, the companies said on Tuesday. Size of the investment was not announced. clearlake digicert growth investment security certificates private equity venture capital

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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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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.

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.

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.