socalTECH

OCTOBER 10, 2017

Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion invested in the third quarter in more than 1,699 companies.

Venture Capital 147

Venture Capital Orange County Report Santa Barbara 147

TechCrunch LA

SEPTEMBER 25, 2020

Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. Human Capital will soon be available as a weekly newsletter. While Los Angeles city officials way back in 2003 asked its manufacturers and suppliers to stop using the terminology, they did not require it.

Capital 316

Capital Los Angeles News San Diego 316

Both Sides of the Table

MAY 24, 2021

All four companies were in Los Angeles (or adjacent … Santa Barbara) and our community has now matured and regularly produces billion dollar+ outcomes. The abundance of late-stage capital is good for us all. Interim liquidity plus long-term capital gains work really, really well.

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

JULY 23, 2012

There's been a surge in startup accelerator activity in Los Angeles in the last year, as interest in starting a company in the region has grown, and a wide range of experienced entrepreneurs and investors have pitched in to help companies get to the next level. Of that, $97.47 in companies associated with digital studio Science Inc.

Los Angeles 234

Los Angeles Angel Report Startup 234

socalTECH

NOVEMBER 17, 2020

Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The new round is reportedly being led by Tiger Global Management.

Report 124

Report Los Angeles Tool Capital 124

socalTECH

SEPTEMBER 18, 2020

Los Angeles-based mobile game developer Scopely is reported to be seeking to raise $200M in a new funding round, which would value the company at around $3 billion, according to a report. The report, from Bloomberg, said the valuation of the company is up from an earlier $1.9 billion valuation as of March.

Report 113

Report Los Angeles Mobile Invest 113

socalTECH

JANUARY 29, 2016

A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. READ MORE>>.

Los Angeles 100

Los Angeles Report Angel Invest 100

socalTECH

AUGUST 31, 2020

Los Angeles-based Steno , a new startup which offers up remote court reporting services, has raised $3.5M The funding round was led by First Round Capital. Steno says it offers up a full suite of court reporting services, offering up remote depositions and handling things like payments and scheduling.

Report 113

Report Seed Funding Los Angeles Services 113

TechCrunch LA

SEPTEMBER 7, 2022

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.

Equity 299

Equity Journal Venture Capital Los Angeles 299

socalTECH

DECEMBER 2, 2020

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Wondery is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures. Terms of the possible deal have not been released.

Report 113

Report Los Angeles Capital Angel 113

TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. Last year, the investment firm expanded with a $1.7 You will be missed, @kobebryant.

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

socalTECH

NOVEMBER 9, 2020

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. The podcasting publisher is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.

Report 113

Report News Los Angeles Networking 113

socalTECH

JULY 26, 2019

Los Angeles-based Boring Co. , the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. Co at $920M.

Report 113

Report High Tech Los Angeles Invest 113

socalTECH

DECEMBER 14, 2017

Shervin Pishevar , co-founder and Chairman of Los Angeles-based Virgin Hyperloop One , has resigned from his post at his venture capital firm, Sherpa Capital. In a statement on Thursday, Pishevar said he has "decided on my own accord" to end his association with Sherpa Capital. READ MORE>>.

Capital 124

Capital Venture Capital Los Angeles Report 124

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report.

Report 113

Report Acquisition Los Angeles Sales 113

TechCrunch LA

MARCH 16, 2021

New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Squarespace founder & CEO Anthony Casalena said the fresh capital will advance the company’s growth initiatives and help it scale its product suite. Rowe Price Associates, Inc.

SEM 340

SEM Commerce Los Angeles Funding 340

socalTECH

JANUARY 31, 2018

Los Angeles-based mobile game developer Scopely has raised $125M in new funding, which reportedly values the company at around $795M, according to reports today, moving the company closer to unicorn territory. Scopely has not yet announced the funding, and no investor details were released. READ MORE>>.

Report 113

Report Venture Capital Los Angeles Mobile 113

socalTECH

MARCH 20, 2019

Los Angeles-based electric car maker Faraday Future , in a bid to stay afloat, has sold off its headquarters to a real estate investor, according to a report on Wednesday. The report says Faraday Future is leasing back the headquarters, which it sold to real estate investor Atlas Capital, for around $10M.

Report 113

Report Layoffs Los Angeles Capital 113

socalTECH

JULY 15, 2013

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people. venture capital deals per 100,000 people. in deals and 3.3

Santa Barbara 263

Santa Barbara San Diego Venture Capital Capital 263

socalTECH

SEPTEMBER 10, 2018

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding.

Artificial Inteligence 100

Artificial Inteligence Capital Funding Organization 100

socalTECH

JULY 7, 2014

Los Angeles-based private equity investor OpenGate Capital reported Monday that it has acquired two, Latin American information technology system integrators. OpenGate Capital said it acquired the shares of Damovo Mexico SA de CV and Damovo Do Brasil SA, from parent the Damovo Group. READ MORE>>.

Capital 180

Capital IP Equity Acquisition 180

socalTECH

JANUARY 31, 2019

Los Angeles-based on-demand moving and storage company Clutter is reported to be raising somewhere between $200M to $250M in a new funding round, according to a report today, saying that the yet-to-be-completed round is being led by Softbank. READ MORE>>.

Report 113

Report Funding Demand Google 113

socalTECH

SEPTEMBER 4, 2009

Venture capital firm Prism VentureWorks has shut its offices in Los Angeles, according to a report Friday by peHUB. According to the report, the firm's Venice offices were shut to save money on overhead for the firm, with partner Gordie Nye continuing to work here out of his home office.

Los Angeles 140

Los Angeles Angel SoCal Southern California 140

socalTECH

SEPTEMBER 10, 2014

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. The report --from TechCrunch--says the deal values Tinder at between $750M and $1 billion. tinder venture capital dating mobile rumor' READ MORE>>.

Report 174

Report Incubator Venture Capital Mobile 174

socalTECH

JUNE 12, 2018

Los Angeles-based on-demand scooter rental service Bird is report raising yet more funding, at a $2 billion valuation, according to a report on Tuesday. Bird is in a massive battle with a large list of players launch or looking to enter the on-demand, "last mile" scooter rental service, including Lime, Uber, and Lyft.

Report 100

Report Funding Demand Los Angeles 100

socalTECH

DECEMBER 18, 2017

A report this morning says that Los Angeles-based Virgin Hyperloop One is getting set to announced a new, $50M investment, and will be installing Sir Richard Branson as its new chairman. The funding reportedly came from Caspian Venture Capital and DP World; the company had not yet formally announced the funding.

Report 124

Report Venture Capital Los Angeles Ideas 124

socalTECH

FEBRUARY 14, 2017

Vadio , a startup which had been developing software to synchoronize music and advertisements with online videos, is winding down, according to a number of reports on Tuesday. The company had been backed by Mucker Capital, Amplify.LA, as well as along list of local Southern California angel investors. READ MORE>>.

Report 113

Report Southern California Advertising Los Angeles 113

socalTECH

OCTOBER 14, 2010

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 in investments.

Southern California 195

Southern California Venture Capital Orange County Rustic Canyon 195

socalTECH

DECEMBER 12, 2019

A new report, from AngelList, says that angel investors at the see stage would increase their expected return by broadly indexing into every credible deal they see. AngelList's service is aimed at promoting seed investment.

Invest 124

Invest Report Angel Research 124

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M raised across 27 Los Angeles startups. The group says its tracking found that the average seed round size was $2.2M for the quarter.

Report 133

Report SaaS Los Angeles Commerce 133

socalTECH

APRIL 11, 2014

Los Angeles-based Tinder , the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. tinder venture capital investment social networking dating mobile snapchat' Bloomberg cited "people with knowledge of the deal." READ MORE>>.

Report 190

Report Snapchat Social Network Venture Capital 190

socalTECH

FEBRUARY 8, 2021

Los Angeles-based hospitality technology startup Jurny--which is backed by Okapi Venture Capital and Mucker Capital--says it has seen record growth, despite the pandemic and the way it has impacted the hospitality industry.

Seed Funding 100

Seed Funding Report Venture Capital Los Angeles 100

socalTECH

DECEMBER 16, 2016

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Flipagram is venture backed by Index Ventures, Kleiner Perkins Caufield and Byers, and Sequoia Capital, and raised a bit $70M funding round in 2015.

Flipagram 100

Flipagram Report News Los Angeles 100

socalTECH

JANUARY 31, 2022

In an investment a bit farther afield than usual, Los Angeles-based Greycroft Ventures is one of the lead investors in a Nigerian startup, Bamboo, as part of a $15M funding round. Bamboo is offering up people in Africa the opportunity to invest in US stocks.

Startup 113

Startup Los Angeles Report Invest 113

TechCrunch LA

JUNE 10, 2021

Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. To put that into context; Affirm’s financial report in May projected it would process $8.04 in markets such as New York and Los Angeles.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

Tech Zulu Event

JANUARY 21, 2014

Based in a city traditionally known for high profile media antics and headline reports, I guess it’s somewhat business as usual, but even more important to note for the startup community are the number of significant contributions across the board. Originally posted by the good people at Built In Los Angeles.

Los Angeles 105

Los Angeles Angel Startup Snapchat 105

socalTECH

AUGUST 6, 2020

Los Angeles-based HONK Technologies , which develops a roadside assistance and towing app, and is led by tech entrepreneur Corey Brundage, says it has saw a 54 percent increase in the number of roadside assistance calls in the first six months of 2020. Brundage had previously founded such companies as SendLove.to and Fonality.

Artificial Inteligence 113

Artificial Inteligence Report Demand Los Angeles 113