article thumbnail

Report: Scopely Seeking $200M More

socalTECH

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. READ MORE>>.

Report 113
article thumbnail

Why Venture Capital is So Much More Compelling Now

Both Sides of the Table

It’s not hard to find people willing to write the narrative that “venture capital is not an asset class” or “venture capital has performed terribly.” ” The most recent was 18 months ago or so called The Kauffman Report. Here is a preview of what we found & what we will publish: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procore Taps Investment Banker For IPO, Says Report

socalTECH

Goleta-based Procore , the develops of mobile-enabled, construction management software led by Tooey Courtemanche, appears to be headed for an IPO, and reportedly has hired Goldman Sachs to lead its IPO, according to a report. Tiger Global, Bessemer Venture Partners, Great Pacific Capital, and ICONIQ Capital.

Report 113
article thumbnail

Scopely Reportedly Finds $125M, Nears Unicorn Territory

socalTECH

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
article thumbnail

Report: Snapchat Raising $100M

socalTECH

Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M

Snapchat 187
article thumbnail

Tinder Raising Big Round, Says Report

socalTECH

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
article thumbnail

Ad-Juster Acquired By Chinese Investor Innotech Capitals

socalTECH

San Diego-based Ad-Juster , a developer of automated reconciliation and reporting software for the digital ad market, was recently acquired by Chinese investor Innotech Capitals. Ad-Juster and Innotech Capitals said that Ad-Juster will retain its current management team and business model. READ MORE>>.

Capital 100