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GraphEffect Ramps Sales, Marketing

socalTECH

Santa Monica-based GraphEffect , the venture-backed developer of social marketing software, said today that it has hired both a Sales and Marketing VP. The firm said it has appointed David Pollet as Vice President of Sales, and named Jennifer Cooley as Vice President of Marketing and Business Development. READ MORE>>.

Sales 213
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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

” 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
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Interview with Gary Bishop, Network Automation

socalTECH

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.

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Baroda In Fab.com's New $105M Funding

socalTECH

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
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

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
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United Online Sells StayFriends

socalTECH

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>>.

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Fab.com Investment, Faith In Team, Pays Off For Baroda

socalTECH

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