socalTECH

JANUARY 6, 2014

Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group , an outsource, IT services company, and merged it with Kyrus Solutions , to form a new company called Tolt Solutions. clearlake capital merger acuqisition tolt kyrus solutions retail management' READ MORE>>.

Capital 138

Capital Services Outsource Development Santa Monica 138

socalTECH

SEPTEMBER 26, 2012

Thousand Oaks-based Xirrus , the developer of high speed, high performance wireless networking hardware, has raised another big chunk of financing, saying today that it has raised $23.5M The round came from its existing investors, including August Capital , Canaan Partners , InterWest Partners, QuestMark Partners, and US Venture Partners.

Networking 153

Networking Thousand Oaks Sales Capital 153

Both Sides of the Table

OCTOBER 4, 2009

Most start-up entrepreneurs have little or no sales experience. But through nearly a decade of startups I learned that sales comes down to three essential elements: 1. I first heard this term from the guys at First Round Capital. The real test of sales and the topic of my post is “why buy now.” I know I didn’t.

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Sales Startup Platform Tips 319

socalTECH

APRIL 12, 2010

Santa Monica-based EdgeCast Networks , a content delivery network (CDN) provider, is announcing today that it has raised $10M in a Series C funding round. The new funding will go towards developing and launching new value-added services, expand its network, and for sales and marketing. READ MORE>>.

Networking 145

Networking Steamboat Ventures Santa Monica Content 145

TechCrunch LA

DECEMBER 20, 2019

The Los Angeles-based dental hygiene company, which has raised at least $20 million in financing from the growth capital investment firm Volition Capital, takes a different approach to reaching consumers than competitors like Quip. Burst shares profits with these channel partners and has distributed about $3.5

High Tech 169

High Tech Los Angeles Networking Capital 169

socalTECH

NOVEMBER 4, 2009

San Diego-based Brickfish , a developer of social media and networking software being used by brands, reported today that it has hired on a Paul Botto, most recently Head of Analytics for the North American Sales Organization at Google, as its Vice President of Sales. Brickfish is venture backed by DCM, Draper Richards L.P.,

Google 140

Google Sales Social Media Draper 140

socalTECH

NOVEMBER 1, 2010

Santa Monica-based Rubicon Project said this morning that it has raised $18M in additional funding, and acquired the Fox Audience Network (FAN) from New Corporation. In further details on the FAN deal, Addante also said that it has not acquired the advertising sales team at FAN, saying that it "is not, and will not be, an ad network."

Networking 147

Networking Clearstone Santa Monica News 147

socalTECH

SEPTEMBER 1, 2011

Our profile this morning is with Network Automation , a Los Angeles company competing in the IT automation market. Southern California--despite the lack of huge, name brand firms-- has a significant number of enterprise software companies, of which Network Automation is just one. You are self funded too, we recall.

Networking 214

Networking IBM IBM Pacific Palisades 214

socalTECH

MAY 14, 2019

According to the startup, Deborah Scanlon will serve as vice president of strategic sales, and Nigel Quinnin will take on the role of vice president of development at the company. Curtail recently raised $3.25M in a seed funding round from Tarus Capital. Curtail is led by CEO Frank Huerta. READ MORE>>.

Funding 133

Funding Chief Technology Officer Santa Barbara Seed Funding 133

Both Sides of the Table

APRIL 28, 2010

Blippy (and their competitor Swipely – which was founded by Angus Davis , who has a great track record from both Netscape and TellMe, both aim to capitalize on the era of consumers living more openly ala Twitter, Foursquare and Gowalla. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

Startup Professionals Musings

MAY 30, 2022

I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. But to scale the business, they need the complementary expertise, experience, connections, oversight, and new capital connections of a formal board of directors. Switch your attention from product development to sales.

Sales 147

Sales Metrics Guide Startup 147

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Blip was venture backed by Ambient Sound Investment, Bain Capital, and Lauder Partners. News of the sale first came via AllthingsD. News of the sale first came via AllthingsD. READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

Startup Professionals Musings

APRIL 24, 2013

Obviously, a key factor is always the state of the economy and the mood of the venture capital community. On the other hand, venture capital doesn’t get smoothly spread across the geographic and demographic landscape, and the number of active venture capital firms has dropped sharply. No surprises here. Experience does count.

Venture Capital 95

Venture Capital Capital Startup Funding 95

TechCrunch LA

AUGUST 30, 2022

” Genies last earned a $1 billion valuation from heavy-hitting tech investors including Silver Lake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April. An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms. Image Credits: Genies.

Geni 219

Geni Silver Lake Startup Platform 219

socalTECH

JULY 18, 2016

San Diego-based Airgain , a developer of embedded antenna technology for the wireless networking market, has filed for an IPO, saying that it is looking to raise $17.5M in a public offering on the NASDAQ Capital Market. The company's IPO is being underwritten by a single underwriter, Northland Capital Markets. READ MORE>>.

San Diego 100

San Diego Report Sales Capital 100

socalTECH

SEPTEMBER 25, 2015

Santa Monica-based VideoAmp , a developer of programmatic video advertising software, said Friday that it has opened up offices in New York, Chicago, and Detroit, and also has hired a new VP to head up its eastern region sales. VideoAmp also said it and expanding its current office in San Francisco. READ MORE>>.

Anthem 100

Anthem Santa Monica Sales Equity 100

socalTECH

JULY 18, 2013

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. edgecast venture capital content delivery network internet traffic' EdgeCast said the Series D growth investment will go towards developing and launching new services.

Content 150

Content Steamboat Ventures Santa Monica Venture Capital 150

socalTECH

JULY 21, 2011

The round was led by Bullpen Capital, and also included Floodgate, Mack Capital, Tomorrow Ventures, 500 Startups, and Western Tech. PixelFish said the funding will go towards sales, marketing, and technology. The firm is headed by John McIntyre.

Torrance 213

Torrance Advertising Content Sales 213

socalTECH

JULY 19, 2012

Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Bohnett is the founder of Geocities.com. READ MORE>>.

Funding 178

Funding Seed Funding Commerce Social Network 178

socalTECH

SEPTEMBER 18, 2014

The new funding comes after the rest of Covario was sold to Dentsu Aegis Network. According to Rio SEO, it has raised additional funding from FTV Capital, Dubilier & Co., Voyager Capital, and Stratim Capital, to allow it to pursue further development and sales of its technology platform. READ MORE>>.

SEO 138

SEO Funding San Diego Content 138

socalTECH

MARCH 30, 2012

Chatsworth-based MRV Communications said today that it has completed the sale of its CES Creative Electronics Systems SA subsidiary, to a group of European private equity firms led by Vinci Capital SA. MRV said the sale will help it to focus on its core business of network infrastructure equipment and network management products.

Chatsworth 133

Chatsworth Equity Sales Networking 133

Tech Zulu Event

NOVEMBER 8, 2013

Before working your contacts and networking like crazy to connect with VCs, you need to make sure that you’ve fully assessed the business opportunity. Use your sales projections to calculate your potential revenue growth. The post Is Your Startup Ready for Investment Capital? You’ve come up with a solution. Or are you?

Invest 95

Invest Capital Startup Venture Capital 95

socalTECH

AUGUST 5, 2013

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. READ MORE>>.

SaaS 138

SaaS Equity Acquisition Software 138

socalTECH

AUGUST 5, 2013

The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing. The devices include both a surveillance camera and wireless, mesh network hub. capital venture wireless cameras surveillance evonexus micropower' READ MORE>>.

Tech Coast Angels 164

Tech Coast Angels Technology Funding San Diego 164

socalTECH

AUGUST 3, 2009

Sean McDonald is founder of Jute Networks (www.jutenetworks.com), which is in a startup developing highly visual, graphical tools to help people use their professional networks and connections to further their business. What is Jute Networks? Our company, Jute Networks, is a startup that is about a year and a half old.

Networking 113

Networking Startup Social Network Software 113

socalTECH

JUNE 21, 2012

Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

Rustic Canyon 124

Rustic Canyon Report Sales Capital 124

socalTECH

FEBRUARY 3, 2014

The funding came from Mousse Partners, Kleiner Perkins Caufield & Byers, Greylock Partners, Institutional Venture Partners, Scripps Networks Interactive and Tiger Global Management. One Kings Lane offers up furniture and other household products through daily deals and members-only flash sales. READ MORE>>.

Beverly Hills 147

Beverly Hills Venture Capital Resource Los Angeles 147

Tech Coast Venture Network

MARCH 9, 2011

Last year, venture capitalists and angels who co-invested with them placed $7 billion into seed and early-stage deals, an 11 percent increase from 2009, according to the most recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report. million in angel and venture capital. million in angel and venture capital.

Tips 100

Tips Capital Tech Coast Angels Screening 100

socalTECH

JULY 1, 2014

Culver City-based MiTu , the Latino media brand and multi-channel network (MCN) which recently scored $10M from such investors as upfront Ventures, The Chernin Group, Allen DeBevoise, and Advancit Capital, has hired a trio of executives to bolster its team.

Culver City 147

Culver City Hollywood Media Entertainment 147

socalTECH

FEBRUARY 4, 2014

One Kings Lane , the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer. Rajan will be at the company''s San Francisco offices. The firm just announced $112M in funding.

Chief Technology Officer 147

Chief Technology Officer Beverly Hills Technology Venture Capital 147

socalTECH

APRIL 1, 2016

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends. READ MORE>>.

Woodland Hills 100

Woodland Hills Social Media Social Network Sites 100

socalTECH

JULY 31, 2013

Zadara Storage said the funding will go towards sales, support, and engineering. The company is headed by Nelson Nahum, a storage area networking veteran who previously was at LSI Corporation, and also had headed up StoreAge software, a developer of storage virtualization appliances. READ MORE>>.

Venture Capital 173

Venture Capital Sales Funding Networking 173

socalTECH

JUNE 19, 2013

But, it looks like being a seed investor has paid off for at least one local investor, Baroda Ventures , the venture capital investment fund owned by GeoCities founder David Bohnett. Fab.com is an online fashion and flash sales site, which has a huge following both here in the U.S. and oversease. READ MORE>>.

Invest 170

Invest Social Network Commerce Venture Capital 170

socalTECH

FEBRUARY 5, 2013

Los Angeles-based Siemer Ventures , the venture capital arm of investment bank Siemer & Associates, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. in a seed funding round.

Draper 164

Draper Seed Funding Commerce Social Network 164

Both Sides of the Table

JUNE 17, 2017

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. COGS” represents the amount that each sale costs you.

Startup 227

Startup Venture Capital Sales Course 227

TechCrunch LA

FEBRUARY 13, 2020

Chiefly, they thought that robotics and machine learning were going to transform everything from aerospace to industrial manufacturing and retail, and they saw Los Angeles as a unique location from which to deploy capital. But it’s not the capital that sets the firm apart, according to the pitch deck viewed by TechCrunch.

Los Angeles 126

Los Angeles Artificial Inteligence Invest Angel 126

socalTECH

JANUARY 16, 2013

The accelerator said that the demo day is a culmination of its latest three month program, which included ten new companies in mentoring, collaboration, funding, and access to its network of investors and entrepreneurs. MuckerLab's prior class included such hot Los Angeles startups as SurfAir, Retention Science, Wallaby, and InstaCanvas.

Class 159

Class Startup Incubator Los Angeles 159