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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

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FTD Files Chapter 11: Long, Complex Path Through SoCal's Tech Industry

socalTECH

FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy.

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Rivian, With Offices In SoCal, Finds $1.3 Billion

socalTECH

Rowe Price, and also included Amazon, Ford Motor Company, and BlackRock. Rivian , the electric truck maker which has offices in both Irvine and Carson, California, has raised a huge, $1.3 billion funding round, the company said on Monday. The funding was a fourth round for the company, which has now raised a total of more than $2.85

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SoCal Angel Investors See IPO Pop At CytomX

socalTECH

Cytomx priced its IPO at $12.00 The company was around $14.48, up 20% from its IPO price, mid-day on Wall Street. per share last night, raising $80M for the company, and had surged as high as $17.02 in morning trading. CytomX was founded by UC Santa Barbara professor Patrick Daugherty.

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Everbridge Raises $90M In IPO, Sees Pop On Market Debut

socalTECH

Everbridge , a developer of emergency notification tools which was founded and still has major operations in both Glendale and Pasadena, has had an IPO, raising $90M for the company and marking another major, SoCal linked technology startup exit in what has been a busy year for deals. per share, after pricing at $12.00 and $13.00

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SoCal Investor Benefits From Fabrinet IPO

socalTECH

A little known Southern California venture capital investor is benefiting from the IPO of Silicon Valley-based Fabrinet today, after Fabrinet said it has priced its IPO and will list on the New York Stock Exchange. Fabrinet said Friday that it has priced its IPO at $10.00, down from an estimated pricing range of $12.00